Common use of Performance Pay Program Clause in Contracts

Performance Pay Program. Provided Mr. Bowers is not entitled to a Cash-Based ▇▇▇▇▇ ▇▇▇▇r the PPP, (the defined terms of which are incorporated in this Paragraph 2.(d)(ii) by reference), if the PPP is in place through Mr. Bowers' Termination Date and to the ext▇▇▇ ▇▇. ▇▇wers is entitled to participate there▇▇, ▇▇. ▇▇wers shall be entitled to receive cas▇ ▇▇ ▇▇ ▇▇ount equal to a prorated payout of his Cash-Based Awards under the PPP for the performance period in which the Termination Date shall have occurred, at target performance under the PPP and prorated by the number of months which have passed since the beginning of the performance period until the Termination Date.

Performance Pay Program. Provided Mr. Bowers is not entitled to a Cash-Based Awa▇▇ ▇▇▇▇▇ ▇▇▇▇r the he PPP, (the defined terms of which are incorporated in this Paragraph 2.(d)(ii) by reference), if the PPP is in place through Mr. Bowers' Termination Date and to the ext▇▇▇ extent ▇▇. ▇▇wers ▇▇▇s is entitled to participate there▇▇therein, ▇▇. ▇▇wers ▇▇▇s shall be entitled to receive cas▇ ▇cash i▇ ▇▇ ▇▇ount ▇▇▇t equal to a prorated payout of his Cash-Based Awards under the PPP for the performance period in which the Termination Date shall have occurred, at target performance under the PPP and prorated by the number of months which have passed since the beginning of the performance period until the Termination Date.