Employee Payments definition

Employee Payments means any liability that has been reasonably incurred by Project Co arising as a result of termination of this Agreement under collective agreements, employment agreements or under any other agreements with employees of Project Co, including severance (whether accrued or not), vacation pay and sick pay accrued but excluding any Distribution;

Employee Payments means any change of control bonuses, transaction bonus, retention bonus, phantom equity, profit participation or similar rights, in any case, made or required to be made, to any current or former employee, independent contractor, director, manager or officer of an Acquired Company solely as a result of the Transactions, in all cases, including the employer portion of any payroll and other employment Taxes payable in connection therewith.

Employee Payments has the meaning set out in Schedule 9 [Compensation on Termination];

Examples of Employee Payments in a sentence

• Salary and Other Employee Payments, Maintenance and Working Expenses, Plant and Equipment, Grants and Subsidies, and Other Services.

• The Specified Employee Payments to which Executive would otherwise have been entitled during the six-month period following the date of Executive’s termination of employment shall be accumulated and paid as soon as administratively practicable following the first date of the seventh month following the date of Executive’s termination of employment.

• In the Matter of Adopting the FY 21-22 Supplemental Budget #3, Making, Reducing and Transferring Appropriations and Approving Employee Payments Under the Approved ARPA Project to Maintain Essential Services & Workforce Stabilization.

• The COSO Framework was created in response to the Treadway Commission Report’s recommendation to establish guidance for public companies.

• Debenture Payments (DEB), Employee Payments (EMP), One Time Vendors (ONE), Payroll Vendors (PR), Payments to Schools (SCH)), Rental/Lease Vendors (RENT), Transportation Vendors (TRAN), Trustees (TRUS), Utility Vendors (UTIL).

More Definitions of Employee Payments

Employee Payments means all Salary, Employee Taxes, Cash Incentive Compensation, Equity Incentive Compensation, Termination Expenses, Pension and any Insured Benefits, as well as any benefits in kind, maternity pay, paternity pay, accrued holiday entitlement and holiday pay entitlement, and other emoluments.

Employee Payments means the payments set out in Schedule 8;

Employee Payments means all: (a) bonus amounts, commissions or other incentive compensation amounts that have been or should have been accrued or are earned and unpaid for, or are payable by the Group Companies to their respective directors, managers, officers, employees, agents, consultants or equity holders as of the Closing Date, and specifically the total amount of € 1,050,800 set aside from the Closing Dividend Payments by the Seller and Founders; and (b) severance obligations, retention bonuses, “stay” bonuses and sale bonuses owed by the Group Companies their respective directors, managers, officers, employees, agents and consultants triggered in whole or in part prior to or as a result of the transactions contemplated by this Agreement or the Ancillary Agreements, in each of clauses (a) and (b), including the employer portion of any payroll, social security, unemployment or similar Taxes related thereto.

Employee Payments means payments or other distributions required to be made by any Person (other than Parent or one of its current Affiliates) pursuant to any oral or written contracts or other agreements, to any directors, officers, employees or agents of the Company or any of the Subsidiaries pursuant to the terms of such contracts or agreements.

Employee Payments has the meaning set forth in Section 6.7.

Employee Payments means any compensation, retention bonus, consolation bonus or other payment to any director, officer, Employee, Life Planner, independent contractor, agent, consultant or broker of the Company paid prior to the Completion, or agreed by the Seller or its Affiliate prior to the Completion to be paid, by the Company, in each case, in connection with the transactions contemplated by the Transaction Documents, including section 4.1(6)of Annex 1 and section (9) of Annex 2 of the Disclosure Letter, and for the avoidance of doubt excluding any Company LTIP Payment;

Employee Payments shall have the meaning set forth in Section 6.12(b)(iv) of this Agreement.