Common use of Bonus Payment Clause in Contracts

Bonus Payment. A cash payment in an amount equal to either 50% of the established annual target bonus or the average of the actual bonus paid in each of the two prior years, whichever is greater.

Appears in 9 contracts

Samples: Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)

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Bonus Payment. A cash payment in an amount equal to either 50% the greater of (i) one hundred percent (100%) of the established annual target bonus or (ii) the average of the actual bonus paid in each of the two prior years, whichever is greater.;

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either twice either: a) 50% of the established annual target bonus or b) the average of the actual bonus bonuses paid in each of the two prior years, whichever is greater.

Appears in 2 contracts

Samples: Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either either: a) 50% of the established annual target bonus or b) the average of the actual bonus bonuses paid in each of the two prior years, whichever is greater.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either 50% the greater of (i) one hundred percent (100%) of the established annual target bonus or (ii) the average of the actual bonus paid in each of the two prior years, whichever is greater.years (“Bonus Severance”);

Appears in 1 contract

Samples: Change of Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either fifty percent (50% %) of the established annual target bonus or the average of the actual bonus paid in each of the two prior years, whichever is greater.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Harmonic Inc)

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Bonus Payment. A cash payment in an amount equal to either one and one-half times either: a) 50% of the established annual target bonus or b) the average of the actual bonus bonuses paid in each of the two prior years, whichever is greater.

Appears in 1 contract

Samples: Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either two (2) times either: (a) fifty percent (50% %) of the established annual target bonus or (b) the average of the actual bonus bonuses paid in each of the two prior years, whichever is greater.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Harmonic Inc)

Bonus Payment. A cash payment in an amount equal to either 50% the greater of (i) two hundred percent (200%) of the established annual target bonus or (ii) two hundred percent (200%) of the average of the actual bonus bonuses paid in each of the two prior years, whichever is greater.;

Appears in 1 contract

Samples: Change of Control Severance Agreement (Harmonic Inc)

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