Pro-Rated. Target Bonus. A lump-sum payment equal to (A) your annual target bonus for the fiscal year in which your Involuntary Termination occurs multiplied by (B) a fraction, the numerator of which is the number of days between (and including) the start of the year in which your Involuntary Termination occurs and the date of your Involuntary Termination and the denominator of which is 365 (less applicable withholding taxes).
Appears in 5 contracts
Samples: Participation Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.)
