Conditions for Payment. (a) Except as specifically provided herein, Executive must remain continuously employed by the Company through the Closing Date to be entitled to the Transaction Bonus. Executive’s right to payment will vest on the Closing Date. Notwithstanding the foregoing, however, Executive (or his estate) will be entitled to payment of the Transaction Bonus under the following circumstances:
Appears in 5 contracts
Samples: Company Transaction Bonus Agreement, Anip Acquisition Company Transaction Bonus Agreement (Biosante Pharmaceuticals Inc), Anip Acquisition Company Transaction Bonus Agreement (Biosante Pharmaceuticals Inc)
