Common use of Sale Bonus Clause in Contracts

Sale Bonus. (a) After the completion of a "Sale Transaction," as defined below, the Company will pay Executive a "Sale Bonus," as described below, provided Executive remains as Vice President and Chief Operating Officer of the Company during the negotiation of and through the closing of the Sale Transaction. The Sale Bonus will be payable to Executive after all post-closing adjustments in connection with the Sale Transaction have been determined.

Appears in 2 contracts

Samples: Employment Agreement (Gardenburger Inc), Employment Agreement (Gardenburger Inc)

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Sale Bonus. (a) After the completion of a "Sale Transaction," as defined below, the Company will pay Executive a "Sale Bonus," as described below, provided Executive remains as Senior Vice President and Chief Operating Financial Officer of the Company during the negotiation of and through the closing of the Sale Transaction. The Sale Bonus will be payable to Executive after all post-closing adjustments in connection with the Sale Transaction have been determined.

Appears in 1 contract

Samples: Employment Agreement (Gardenburger Inc)

Sale Bonus. (a) After the completion of a "Sale Transaction," as defined below, and subject to the provisions of Section XVII, the Company will pay Executive a "Sale Bonus," , as described below, provided Executive remains as Vice President and & Chief Operating Executive Officer of the Company during the negotiation of and through the closing of the Sale Transaction. The Sale Bonus will be payable to Executive after all post-closing adjustments in connection with the Sale Transaction have been determined.

Appears in 1 contract

Samples: Employment Agreement (Gardenburger Inc)

Sale Bonus. (a) After the completion of a "Sale Transaction," as defined below, the Company will pay Executive a "Sale Bonus," as described below, provided Executive remains as Vice President and Chief Operating Executive Officer of the Company during the negotiation of and through the closing of the Sale Transaction. The Sale Bonus will be payable to Executive after all post-closing adjustments in connection with the Sale Transaction have been determined.

Appears in 1 contract

Samples: Employment Agreement (Gardenburger Inc)

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Sale Bonus. (a) After the completion of a "Sale Transaction," as defined below, the Company will pay Executive a "Sale Bonus," as described below, provided Executive remains as Vice President and Chief Operating Officer of Finance of the Company during the negotiation of and through the closing of the Sale Transaction. The Sale Bonus will be payable to Executive after all post-closing adjustments in connection with the Sale Transaction have been determined.

Appears in 1 contract

Samples: Sale Bonus Agreement (Gardenburger Inc)

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