Common use of Transaction Bonus Clause in Contracts

Transaction Bonus. Promptly after the Closing, and subject to and contingent upon the consummation of the Closing, the Company shall pay to the Executive the amount of $162,500 (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not be paid to the Executive but for the Executive’s agreement with the provisions set forth in this Agreement.

Transaction Bonus. Promptly after Subject to the Closing, and subject to and contingent upon Executive’s continued employment with the consummation Company through the date of the ClosingClosing (the “Closing Date”), the Company shall pay to the Executive a bonus in the amount of $162,500 75,000 on the Closing Date (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not be paid to the Executive but for the Executive’s agreement with the provisions set forth in this Agreement.

Transaction Bonus. Promptly after Subject to Executive’s continued employment with the Closing, and subject to and contingent upon Company through the consummation closing date of the ClosingApproved Sale, within five days following an Approved Sale that closes no later than December 31, 2010, the Company shall pay or cause to be paid to the Executive the Executive, in cash, an amount of equal to $162,500 1,416,000 (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not shall be paid subject to the Executive but for the Executive’s agreement with the provisions set forth in this Agreementall applicable tax and other legally-required withholdings.

Transaction Bonus. Promptly after Subject to Executive’s continued employment with the Closing, and subject to and contingent upon Company through the consummation closing date of the ClosingApproved Sale, within five days following an Approved Sale that closes no later than December 31, 2010, the Company shall pay or cause to be paid to the Executive the Executive, in cash, an amount of equal to $162,500 1,167,000 (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not shall be paid subject to the Executive but for the Executive’s agreement with the provisions set forth in this Agreementall applicable tax and other legally-required withholdings.

Transaction Bonus. Promptly after Subject to the Closing, and subject to and contingent upon Executive’s continued employment with the consummation Company through the date of the ClosingClosing (the “Closing Date”), the Company shall pay to the Executive a bonus in the amount of $162,500 225,000 on the Closing Date (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not be paid to the Executive but for the Executive’s agreement with the provisions set forth in this Agreement.

Transaction Bonus. Promptly after the Closing, and subject to and contingent upon the consummation of the Closing, the Company shall pay to the Executive the amount of $162,500 105,000 (the “Transaction Bonus”). The Company and the Executive acknowledge and agree that the Transaction Bonus would not be paid to the Executive but for the Executive’s agreement with the provisions set forth in this Agreement.