Bonus Consideration. This Lease is made on the condition that within ( ) days from the date of this Lease, Lessee shall pay to Lessor the sum of Dollars ($ ) per net mineral acre. FAILURE BY LESSEE TO PAY THE BONUS CONSIDERATION WITHIN SUCH ( )-DAY PERIOD SHALL RENDER THIS LEASE NULL AND VOID FOR ALL PURPOSES. THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK. This Exhibit “A” to that certain Paid-Up Oil and Gas Lease dated the day of , is consented hereto by: Lessor: Lessee: Strategic Land Partners, LLC By:
Bonus Consideration. A Bonus Consideration will be paid to the Seller if and only if each of the following occur: (i) the Companies or their businesses are listed by the Purchaser within twelve (12) months of Closing on any of NASDAQ, the Hong Kong Stock Exchange, or the London Stock Exchange; and (ii) the Market Capitalization is greater than the Tranche 1 Consideration. In the event that a Bonus Consideration is payable and in the event that the difference between the Market Capitalization and the Tranche 1 Consideration is greater than zero (the “Difference Amount”), then the Bonus Consideration shall equal the Difference Amount multiplied by 5%. Example: Assuming that the Tranche 1 Consideration is $100 million and the Market Capitalization of the Companies or their business is $200 million, then the Bonus Consideration will be $200 million X 5% = $10 million. Any Bonus Consideration shall be payable within thirty (00) days after the public listing of the Companies or their businesses on any of NASDAQ, the Hong Kong Stock Exchange or the London Stock Exchange. Notwithstanding anything else contained in this Agreement, in no event shall the Bonus Consideration in aggregate exceed $25,000,000.
Bonus Consideration. The Company shall pay an annual bonus to the Employee, in an amount to be determined by the Company in accordance with the bonus accrual and terms of the Fintube Limited Partnership bonus Agreement for the year ending December 31, l 999. For each calendar year thereafter for the term of this Agreement, the Company shall pay an annual bonus to the Employee at the Company's sole discretion (collectively, Employee's "BONUS CONSIDERATION").
Bonus Consideration. As additional consideration for the purchase of the Shares, the Seller Group and the Warrant Holders may be entitled to additional payments up to an aggregate of $50 million if the Company meets certain targets, as set forth in Section B of Schedule A attached hereto, as Tranche 1 and Tranche 2 payments (the “Bonus Contingent Consideration”). Buyer shall pay to the Seller Group and the Warrant Holders the Bonus Contingent Consideration in installments as set forth in Section B of Schedule A attached hereto, with each installment payable as provided therein.
Bonus Consideration. (a) The Company shall pay Grantee an annual bonus in the gross amount of $250,000 (“Annual Bonus”) for each of calendar years 2016, 2017, 2018 and 2019 (the last day of each such calendar year being a “Bonus Vesting Date”) so long as Grantee remains employed by the Company through the applicable Bonus Vesting Date, and subject to the provisions set forth in Paragraph 2(b) below. The Annual Bonus will be paid to Grantee by the March 15 following the end of the applicable Bonus Vesting Date except as provided in Paragraph 2(b) below. The Annual Bonus set forth in this Paragraph 2 is in addition to and not in lieu of any other rights to a bonus Grantee may have under his Employment Agreement.
Bonus Consideration. At the next payroll period upon effectiveness of this Agreement, the Employee will be paid $25,000 for the 2006 bonus period.
Bonus Consideration. In order to fund payment in full of the incentive bonus payable to Xxxxxxx pursuant to the incentive compensation arrangement approved by the Cirronet Board of Directors as of July 27, 2006, and subject to the other provisions of this Section 1.5, effective as of the Effective Time, Xxxxxxx shall be entitled to receive from the Parent: (i) the Bonus Cash Consideration, which shall be payable by Parent by check or wire transfer to an account designated by Xxxxxxx; (ii) the Bonus Earnout Consideration, which shall be payable by Parent pursuant to the Earnout Agreement; (iii) the Bonus Loan Consideration, which shall be payable by Parent pursuant to the terms of the Parent Promissory Note; and (iv) the Bonus Stock Consideration, which shall be issued and delivered by Parent to Xxxxxxx at Closing. Xxxxxxx hereby acknowledges and confirms that the Bonus Consideration constitutes payment in full of any and all obligations of Cirronet with respect to or arising out of the sale of Cirronet or the transactions contemplated by this Agreement, and in consideration of the agreements set forth herein with respect to the Bonus Consideration, Xxxxxxx hereby releases Cirronet, Parent, Merger Subsidiary, the Cirronet Shareholders and the Cirronet Optionholders of any obligation with respect thereto (other than Parent’s obligation to pay the Bonus Consideration in the manner set forth herein).
Bonus Consideration. Executive shall be eligible for consideration for an annual bonus of up to one times Executive’s Base Salary, in the discretion of the Board of Directors of MB and the Bank, based on personal performance and performance criteria of the Bank and MB that is developed by the Boards of the Bank and MB, in their sole discretion, in conjunction with discussions with Executive.
Bonus Consideration. If AGCO introduces PETPLANET to third parties distributors with the intention of those third party distributors possibly providing distribution services to PETPLANET and, thereafter, PETPLANET enters into one or more exclusive product distribution agreements with those third parties, AGCO may be awarded, as bonus consideration, a warrant to purchase 25,000 shares of PETPLANET common stock subject to the terms and conditions as set forth in Exhibit C. Any bonus consideration awarded shall be issued at the reasonable discretion of PETPLANET.
Bonus Consideration. Subject to the terms and conditions of this Agreement (including any Purchase Price Adjustments), as additional consideration for the Stock, Buyer will pay additional consideration as follows: (a) Sellers shall be paid additional bonus consideration of $150,000(USD) when domain certification is granted to the Companies, provided that such domain certification is granted within one year subsequent to the Closing Date, and (b) if total Revenues for the Companies, as measured and verified pursuant to the terms and conditions of this Agreement, exceeds $180,000.00(USD) per month in February and March of 2008, Buyer will pay Sellers any such amounts exceeding $180,000.00.
