Payment of Incentive. The Incentive payable under this Agreement shall be paid within the 30-day period immediately following the six month anniversary date of the Closing Date, or within 30 days of an event which makes the Employee eligible for a payment under Paragraph 5. When paid, the Incentive will be subject to normal and required deductions and withholdings. The Incentive will not qualify as earnings under any pension plan or for any other employee benefit purpose.
Appears in 6 contracts
Samples: Key Employee Retention Agreement (Integrated Defense Technologies Inc), Key Employee Retention Agreement (Integrated Defense Technologies Inc), Key Employee Retention Agreement (Integrated Defense Technologies Inc)
