Common use of Termination Bonus Payment Clause in Contracts

Termination Bonus Payment. Payment of a lump sum cash payment in an amount equal to the pro rata portion of any annual bonus that would have been payable to the Employee as an employee of Advance, provided the criteria for such bonus other than the Employee’s continued employment are satisfied (the “Termination Bonus Payment”), which shall be paid at the time such bonus payments are made to other employees;

Termination Bonus Payment. Payment of a lump sum cash payment in an amount equal to the pro rata portion of any annual bonus that would have been payable to the Employee as an employee of Advance, provided the criteria for such bonus other than the Employee’s continued employment are satisfied (the “Termination Bonus Payment”), which shall be paid at the time such bonus payments are made to other employees;; (c)