Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the amount of $100,000; provided, that the Employee is continuously employed by the Company through the date of such closing.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the equal to a pro rata amount of $100,000; provided, that the Employee is continuously employed Employee’s Base Salary for the period from the signing of the Original Employment Agreement by the Company through parties hereto to the date of such closingEffective Date.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the amount of $100,000; . Within 30 days after the occurrence of the Step-Up Event, the Company shall pay to the Employee an additional lump sum cash payment in the amount of $400,000 provided, that the Employee is continuously employed by the Company through the date occurrence of such closingthe Step-Up Event.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the amount of $100,000250,000; provided, that the Employee is continuously employed by the Company through the date of such closingdate.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the amount of $100,000; provided, that the Employee is continuously employed by the Company through the date of such closing500,000.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
Transaction Bonus. Within 10 days following the Effective Date, the Company shall pay to the Employee a lump sum cash payment in the equal to a pro rata amount of $100,000; provided, that the Employee is continuously employed Employee’s Base Salary for the period from the signing of this Agreement by the Company through parties hereto to the date of such closingEffective Date.
Appears in 1 contract
Samples: Employment Agreement (Global Consumer Acquisition Corp.)
