Employee Retention Bonuses. In Agent's sole discretion Proceeds -------------------------- may be used to pay, as an Expense, retention bonuses ("Retention Bonuses") ----------------- (which bonuses shall be inclusive of payroll taxes but as to which no benefits shall be payable) to Retained Employees who do not voluntarily leave employment and are not terminated "for cause." Such Retention Bonuses shall be payable within thirty (30) days after the Sale Termination Date, and shall be processed through Merchant's payroll system.
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Samples: Agency Agreement (Montgomery Ward Holding Corp), Agency Agreement (Montgomery Ward Holding Corp)
Employee Retention Bonuses. In Agent's sole discretion Proceeds -------------------------- may be used to pay, as an Expense, retention bonuses ("Retention Bonuses") ----------------- (which bonuses shall be inclusive of payroll taxes but as to which no benefits shall be payable) to Retained Employees who do not voluntarily leave employment and are not terminated "for cause." Such Retention Bonuses shall be payable within thirty (30) days after the Sale Termination Date, and shall be processed through Merchant's payroll system.
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Samples: Loan and Security Agreement (Franks Nursery & Crafts Inc)
Employee Retention Bonuses. In Agent's sole discretion Proceeds -------------------------- may be used to pay, as an Expense, retention bonuses ("Retention Bonuses") ----------------- (which bonuses shall be inclusive of payroll taxes but as to which no benefits shall be payable) to Retained Employees who do not voluntarily leave employment and are not terminated "for cause." ". Such Retention Bonuses shall be payable within thirty (30) days after the Sale Termination Date, and shall be processed through Merchant's payroll system.
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Samples: Agency Agreement (Solo Serve Corp)
Employee Retention Bonuses. In Agent's sole reasonable discretion Proceeds -------------------------- may be used to pay, as an a Sale Expense, retention bonuses ("Retention Bonuses") ----------------- (which bonuses shall be inclusive of payroll taxes and workers' compensation taxes to the extent assessable but as to which no benefits shall be payable) to Retained Employees who do not voluntarily leave employment and are not terminated "for cause." ". Such Retention Bonuses shall be payable within thirty (30) days after the Sale Termination Date, and shall be processed through Merchant's payroll system.
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