Common use of Second Quarter Clause in Contracts

Second Quarter. (a) The second quarter bonus based on actual performance was 125% of target: $125,000 x 125% = $156,250 (b) Days in quarter = 91; days worked in quarter = 45 45/91 = 0.4945 (c) Second quarter bonus = $156,250 x 0.4945 = $77,266

Appears in 3 contracts

Sources: Employment Agreement (Nu Skin Enterprises Inc), Employment Agreement (Nu Skin Enterprises Inc), Employment Agreement (Nu Skin Enterprises Inc)