EX-10.5
from 10-Q
2 pages
(A) a Lump Sum Payment in the Amount Equal to the Sum of (I) Your Then-In-Effect Base Salary Through the End of the Twelve (12) Month Period Commencing on the Date of Termination and (II) One Year’s Bonus Calculated Based on the Average of the Bonuses, if Any, Paid by the Company to You With Respect to the Two (2) Years Preceding the Year in Which the Date of Termination Occurs, Provided That, for Purposes of This Paragraph Only, You Shall Be Deemed to Have Received Your 35 Percent Bonus Target for Any Year Within Such 2-Year Period in Which You Were Not Paid a Bonus Solely Because You Were Not Employed by the Company; and (B) Any Stock Option Held by You Shall Become Immediately Exercisable as to All Option Shares Without Regard to the Vesting Schedule Set Forth on the Applicable Option Certificate, and Any Shares of Restricted Stock Previously Granted Shall Immediately Be Free and Clear of Any Restrictions
12/34/56