Common use of Annual Bonus Amount Clause in Contracts

Annual Bonus Amount. The average of the annual target bonuses applicable to the Executive during the three calendar years preceding the calendar year in which the Qualifying Termination occurs.

Appears in 4 contracts

Samples: Severance Agreement (Potomac Electric Power Co), Severance Agreement (Potomac Electric Power Co), Severance Agreement (Potomac Electric Power Co)

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Annual Bonus Amount. The Annual Bonus Amount means the average of the annual target bonuses applicable to the Executive during the three calendar years preceding the calendar year in which the Qualifying Termination occurs.

Appears in 1 contract

Samples: Severance Agreement (Potomac Electric Power Co)

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Annual Bonus Amount. The average of the annual target bonuses applicable to the Executive during the three calendar years preceding the calendar year in which the Qualifying Termination occurs. 2.

Appears in 1 contract

Samples: Severance Agreement (Atlantic City Electric Co)

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