Common use of Payment of the Retention Bonus Clause in Contracts

Payment of the Retention Bonus. The Retention Bonus to which the Executive is entitled pursuant to Section 2.2 shall be paid in a lump sum within ten days following the date on which the Change of Control occurred.

Appears in 4 contracts

Samples: Change of Control Agreement (International Aluminum Corp), Change of Control Agreement (International Aluminum Corp), Change of Control Agreement (International Aluminum Corp)

AutoNDA by SimpleDocs

Payment of the Retention Bonus. The cash component of the Retention Bonus to which the Executive is becomes entitled pursuant to Section 2.2 shall be paid in a lump sum within ten days following the date on which expiration of the relevant Retention Period or upon a Change of Control occurredin Control, as applicable.

Appears in 2 contracts

Samples: Retention Bonus and Change in Control Agreement (Sigma Additive Solutions, Inc.), Retention Bonus and Change in Control Agreement (Sigma Additive Solutions, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.