Common use of Separation Bonus Clause in Contracts

Separation Bonus. Payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a separation bonus in an amount equal to the target annual bonus to which Executive may have been entitled for the year in which Executive is terminated paid over twelve (12) months, less all customary and required taxes and employment-related deductions, in accordance with the Company’s normal payroll practices (provided such payments will be made at least monthly).

Separation Bonus. Payment Following Executive’s termination, payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a lump sum separation bonus in an amount equal to 150% of the target annual bonus to which Executive may have been entitled for the year in which Executive is terminated paid over twelve (12) monthsterminated, less all customary and required taxes and employment-related deductions, in accordance with the Company’s normal payroll practices (provided such payments will be made at least monthly).

Separation Bonus. Payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a separation bonus in an amount equal to the target annual bonus Annual Performance Bonus to which Executive may have been entitled for the year in which Executive’s employment terminates, prorated to reflect that portion of the year in which Executive is terminated paid over twelve (12) monthswas employed prior to termination, less all customary and required taxes and employment-related deductions, paid at the same time as the payment in accordance with the Company’s normal payroll practices (provided such payments will be made at least monthly)i) above.

Separation Bonus. Payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a separation bonus in an amount equal to one hundred (100%) of the target annual bonus Annual Performance Bonus to which Executive may have been entitled for the year in which Executive is terminated paid over twelve (12) monthsExecutive’s employment terminates, less all customary and required taxes and employment-related deductions, in accordance with paid on the Company’s normal payroll practices same date as the initial payment under (provided such payments will be made at least monthlyi).

Separation Bonus. Payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a separation bonus in an amount equal to one hundred (100%) of the target annual bonus Annual Performance Bonus to which Executive may have been entitled for the year in which Executive is terminated paid over twelve (12) monthsExecutive’s employment terminates, less all customary and required taxes and employment-related deductions, in accordance with paid on the Company’s normal payroll practices same date as the payment under (provided such payments will be made at least monthlyi).

Separation Bonus. Payment of (i) any earned but unpaid bonus for the year prior to Executive’s termination, based on actual performance, paid in a lump sum; and (ii) a separation bonus in an amount equal to seventy-five percent (75%) of the target annual bonus Annual Performance Bonus to which Executive may have been entitled for the year in which Executive’s employment terminates, such 75% amount to be prorated to reflect that portion of the year in which Executive is terminated paid over twelve (12) monthswas employed prior to termination, less all customary and required taxes and employment-related deductions, in accordance with paid on the Company’s normal payroll practices same date as the initial payment under (provided such payments will be made at least monthlyi).