Common use of Bonus Opportunity Clause in Contracts

Bonus Opportunity. Subject to the terms and conditions of this Letter, if you remain continuously employed with the Company through the Closing Date of the Transaction, you will be entitled to receive a cash bonus equal to $1,000,000 (the “Bonus”). The Bonus shall be paid to you within five days of the Closing Date, subject to the satisfaction of the conditions in Section 2 of this Letter.

Appears in 2 contracts

Samples: Transaction Bonus Agreement (Vought Aircraft Industries Inc), Transaction Bonus Agreement (Vought Aircraft Industries Inc)

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Bonus Opportunity. Subject to the terms and conditions of this Letter, if you remain continuously employed with the Company through the Closing Date of the Transaction, you will be entitled to receive a cash bonus equal to $1,000,000 350,000 (the “Bonus”). The Bonus shall be paid to you within five days of the Closing Date, subject to the satisfaction of the conditions in Section 2 of this Letter.

Appears in 1 contract

Samples: Transaction Bonus Agreement (Vought Aircraft Industries Inc)

Bonus Opportunity. Subject to the terms and conditions of this Letter, if you remain continuously employed with the Company through the Closing Date of the Transaction, you will be entitled to receive a cash bonus equal to $1,000,000 100,000 (the “Bonus”). The Bonus shall be paid to you within five days of the Closing Date, subject to the satisfaction of the conditions in Section 2 of this Letter.

Appears in 1 contract

Samples: Transaction Bonus Agreement (Vought Aircraft Industries Inc)

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Bonus Opportunity. Subject to the terms and conditions of this Letter, if you remain continuously employed with the Company through the Closing Date of the Transaction, you will be entitled to receive a cash bonus equal to $1,000,000 500,000 (the “Bonus”). The Bonus shall be paid to you within five days of the Closing Date, subject to the satisfaction of the conditions in Section 2 of this Letter.

Appears in 1 contract

Samples: Transaction Bonus Agreement (Vought Aircraft Industries Inc)

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