Common use of Cash Award Clause in Contracts

Cash Award. Subject to Section 2 and provided that you are employed by the Company or one of its affiliates on each applicable payment date set forth below, the Company shall pay you the Cash Award at the following times: (i) one-third (1/3) of the Cash Award on the Closing Date, (ii) one-third (1/3) of the Cash Award on the first anniversary of the Closing Date and (iii) the remaining one-third (1/3) of the Cash Award on the second anniversary of the Closing Date.

Appears in 11 contracts

Samples: Retention Agreement (Belden CDT Inc.), Retention Agreement (Belden CDT Inc.), Employment Agreement (Belden CDT Inc.)

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Cash Award. Subject to Section 2 and provided that you are employed by the Company or one of its affiliates affiliate on each applicable payment date set forth below, the Company shall pay you the Cash Award at the following times: (i) one-third (1/3) of the Cash Award on the Closing Date, (ii) one-third (1/3) of the Cash Award on the first anniversary of the Closing Date and (iii) the remaining one-third (1/3) of the Cash Award on the second anniversary of the Closing Date.

Appears in 1 contract

Samples: Retention Agreement (Belden CDT Inc.)

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