Common use of Criteria for Incentive Payment Clause in Contracts

Criteria for Incentive Payment. The Employee will be eligible for the incentive payment specified in Paragraph 3 (the "Incentive") under this Agreement if: o The Employee remains employed at the Company through the Closing Date and at the Company or its successor for the six-month period immediately following the Closing Date; o The Employee devotes best effort and diligence to the on- going business affairs of the Company, the successful completion of the Sale, and the integration of the Company into the organization of the party which completes a Sale (the "Purchaser"); and o The Employee otherwise meets all other conditions in this Agreement, including without limitation, the provisions of Paragraph 12.

Criteria for Incentive Payment. The Employee will be eligible for the incentive payment specified in Paragraph 3 (the "Incentive") under this Agreement if: o The Employee remains employed at the Company through the Closing Date and at the Company or its successor for the six-month period immediately following the Closing Date; o The Employee devotes best effort and diligence to the on- on-going business affairs of the Company, the successful completion of the Sale, and the integration of the Company into the organization of the party which completes a Sale (the "Purchaser"); and o The Employee otherwise meets all other conditions in this Agreement, including without limitation, the provisions of Paragraph 12.