Common use of Bonus Severance Clause in Contracts

Bonus Severance. A lump-sum payment equal to 50% of Executive’s current annual target bonus amount.

Appears in 6 contracts

Sources: Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Bonus Severance. A lump-sum payment equal to 50% of Executive’s current annual maximum bonus target bonus amount.

Appears in 6 contracts

Sources: Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Bonus Severance. A lump-sum payment equal to 50100% of Executive’s current annual maximum bonus target bonus amount.

Appears in 1 contract

Sources: Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Bonus Severance. A lump-sum payment equal to 50100% of Executive’s current annual target bonus amount.

Appears in 1 contract

Sources: Executive Employment Agreement (Grid Dynamics Holdings, Inc.)