Target Bonus Severance. In keeping with the Company’s discretionary annual corporate bonus plan, Sprinklr will pay you (i) for Fiscal Year 2025, an amount equal to USD $124,696.00, based on the specific bonus allocation for participants on the Executive Leadership Team as determined by the Compensation Committee of the Board; and (ii) for Fiscal Year 2026, an amount equal to USD $9,565.72, which is your prorated target annual bonus based upon the number of days you were employed by Sprinklr during such year. Payments will be paid in a lump sum, less withholdings, and deductions, in accordance with the Company’s regular payroll schedule, and in no event earlier than the Release Effective Date (as defined in the Separation Date Release).
Appears in 1 contract
Sources: Transition, Separation and Release of Claims (Sprinklr, Inc.)
Target Bonus Severance. In keeping with the Company’s discretionary annual corporate bonus plan, Sprinklr will pay you (i) for Fiscal Year 20252024, an amount equal to USD $124,696.00152,745.62, based on the specific bonus allocation for participants on the Executive Leadership Team as determined by under the Compensation Committee of the Boardcorporate bonus plan; and (ii) for Fiscal Year 20262025, an amount equal to USD $9,565.7248,588.36, which is your prorated target annual bonus based upon the number of days you were employed by Sprinklr during such year. Payments will be paid in a lump sum, less withholdings, and deductions, in accordance with on or before the Company’s regular usual payroll schedule, and cycle which is not less than sixty days following the Separation Date (but in no event earlier than the Release Effective Date (as defined in effective date of the Separation Date Release).
Appears in 1 contract
Sources: Transition and Separation Agreement (Sprinklr, Inc.)