Deferred Bonus. Pursuant to the Prior Employment Agreement, Executive has been accruing a Deferred Bonus (as defined in the Prior Employment Agreement). Executive shall be paid all of the Deferred Bonus amount accrued through December 31, 2014 on January 1, 2015. Effective as of January 1, 2015, Executive shall no longer accrue Deferred Bonus compensation.
Appears in 6 contracts
Sources: Employment Agreement (Party City Holdco Inc.), Employment Agreement (Party City Holdco Inc.), Employment Agreement (Party City Holdings Inc.)