Retention Bonuses Sample Clauses

Retention Bonuses. The Executive shall receive $46,407.00 on each July 1st and December 31st of 2006, 2007 and 2008 if the Executive continues to be employed by the Company through the date such payments are due.

Retention Bonuses. Provided Executive becomes and remains an active employee of Mercantile, Mercantile will pay Executive retention bonuses in accordance with the following schedule: (i) $60,937.50 [25% of salary and target incentive compensation], to be paid on the first payroll period following the Effective Time, (ii) $60,937.50 [25% of salary and target incentive compensation], to be paid on the first payroll period following six (6) months of Executive’s employment with Mercantile, (iii) $60,937.50 [25% of salary and target incentive compensation], to be paid on the first payroll period following twelve (12) months of Executive’s employment with Mercantile. After twelve (12) months of Executive’s employment with Mercantile, Executive will not be entitled to any further Severance or Retention benefits. The above-listed payments and benefits are in lieu of any and all payments and benefits to which Executive may otherwise have been entitled under the CIC Agreement or any other agreement or practice.

Retention Bonuses. Any retention bonuses payable to any Vontier Employees that relate to the transactions contemplated by the Separation Agreement and become payable after the date on which the employment of the Vontier Employee transfers to Vontier shall be assumed by Vontier as of the date of such transfer and Vontier shall pay all amounts payable thereunder to the applicable Vontier Employees in accordance with the terms thereof.

Retention Bonuses. Ainge shall assume and continue any change-in-control, retention, transaction bonus or similar arrangements established by any member of the Fox Group or Newco Group that would result in any payment or benefit in connection with the consummation of the transactions contemplated by this Agreement, the Merger Agreement or the Distribution Agreement and make payments to eligible participants with respect thereto, in each case in accordance with the terms of such arrangements. Fox shall, or shall cause the appropriate member of the Fox Group to, reimburse Ainge in accordance with the procedures set forth in Section 2.1(d) for the cost actually incurred by Ainge in making any payment or providing any benefit thereunder, regardless of when any such cost is incurred.

Retention Bonuses. Reduce stipends for teachers after their 4th and 8th years by one-half (50%).

Retention Bonuses. Sellers, on the one hand, and Buyer, on the second hand, acknowledge that certain ▇▇▇▇▇▇▇ Polymer Employees will or have been offered retention bonuses pursuant to the terms of agreements or plans of Sellers (the “Retention Bonus Arrangements”). Pursuant to the terms and conditions of the Retention Bonus Arrangements, certain eligible ▇▇▇▇▇▇▇ Polymer Employees may earn a bonus if they remain employed with Seller, a Subsidiary, Buyer or one of Buyer’s Affiliates, as the case may be, at Closing or after a certain period after Closing. Exhibit 12.03(l) attached hereto lists each individual ▇▇▇▇▇▇▇ Polymer Employee or Non-U.S. Employee covered by such Retention Bonus Arrangements, together with the amount potentially due, and the terms and conditions of payment relating to each such covered employee. Sellers on the one hand and Buyer on the second hand agree to each pay one-half of the aggregate cost of the bonuses earned under the Retention Bonus Arrangements. To the extent Sellers or Buyer pay greater than one-half of the amount of any earned bonus under the Retention Bonus Arrangements, the party paying less than one-half of such amount shall reimburse the other party for the portion of such amount exceeding one-half of such cost within twenty (20) days of such overpayment.

Retention Bonuses. Any retention bonuses payable to any Veralto Employees that relate to the transactions contemplated by the Separation Agreement and become payable after the date on which the employment of the Veralto Employee transfers to Veralto shall be assumed by Veralto as of the date of such transfer and Veralto shall pay all amounts payable thereunder to the applicable Veralto Employees in accordance with the terms thereof.

Retention Bonuses. (i) Purchaser shall assume all obligations of Seller and its Affiliates to pay retention bonuses under the terms of the Project Radio Executive and Critical Roles Retention Program disclosed as Item 12 of Section 3.15(a) of the Seller Disclosure Schedules (the “Retention Program”) to each participant in the Retention Program whose name is set forth on a schedule (the “Retention Schedule”) provided by Seller to Purchaser prior to the date hereof (which Retention Schedule shall set forth, next to the name of each such participant, the amount(s) payable to such participant under the Retention Program on each applicable payment date). Subject to clauses (ii) and (iii) of this Section 5.7(o)(i), Purchaser shall pay the portion of each such retention bonus that (x) is earned because a participant was employed on the Closing Date, with payment being made no later than 30 days following the Closing Date (it being understood that Purchaser shall review and update the Retention Schedule following the Closing Date to remove participants who forfeited their rights to payment because they were not employed on the Closing Date) (the aggregate amount so payable pursuant to this clause (x) following such review and update, the “Closing Retention Amount”), and (y) with respect to the participants entitled to receive a payment at the first anniversary under the Retention Program as set forth on the Retention Schedule, is earned because a participant was employed on the first anniversary of the Closing Date or experienced a qualifying termination under the terms of the Retention Program (or under a Purchaser Substitute Retention Arrangement, as defined below, so long as the termination would also have been a qualifying termination under the terms of the Retention Program), with payment being made no later than 30 days following the first anniversary of the Closing Date. (ii) If, prior to or following the Closing Date, Purchaser or one of its Affiliates enters into an employment offer letter or other agreement or arrangement with any participant in the Retention Program that supersedes any of the terms of the Retention Program applicable to such participant (a “Purchaser Substitute Retention Arrangement”), such Purchaser Substitute Retention Arrangement shall contain a written waiver, in the form approved by Seller prior to the date hereof, of such individual’s rights under the Retention Program. (iii) Purchaser shall, promptly following the first (1st) anniversary of the Clo...

Retention Bonuses. As consideration for the Executive’s continued provision of services following the Merger as provided herein (and in light of the importance of such continued services to the Company and Parent, and the additional responsibilities, duties and time commitments that will arise as a result of the Merger, including, without limitation, additional duties related to the integration of Parent’s United States businesses) and as consideration for the Executive’s agreement to the restrictive covenant contained in Section 10(a) hereof, the Executive shall receive the following retention bonus opportunities: