Transaction Compensation Sample Clauses

Transaction Compensation. (a) If, during the Applicable Period (as herein defined), a Sale Event (as hereafter defined) occurs, Executive shall be entitled to receive a one-time bonus calculated as provided in paragraph (b) below. For the purposes of this Agreement, a "
AutoNDA by SimpleDocs
Transaction Compensation. (a) * * * The term "
Transaction Compensation. As compensation for services rendered in connection with the Transaction, the Company shall pay to Poseidon the sum of $200,000 upon closing of the Transaction and thereafter the sum of $400,000 payable in 20 equal monthly installments on the first day of each month commencing July 1, 2005, evidenced by a promissory note.
Transaction Compensation a) If, at any time within three years after the date of this Agreement, the Company reaches an agreement to enter into any Transaction (as defined below) with any person or any corporation, partnership or other entity identified to the Company by HR during the term of this Agreement (an "Introduced Party"), then the Company shall pay HR at the time of and from the proceeds of the initial closing of such Transaction Compensation equal to 10% of the first $2 million value of such Transaction, 8% of the next $2 million Aggregate Consideration of such Transaction, 6% of the next $2 million Aggregate Consideration of such Transaction,, and 4% of the remaining Aggregate Consideration of such Transaction. Transaction Compensation shall also be payable, according to the same formula, and under the same terms and conditions, in the event of any subsequent Transaction between the Company and the Introduced Party which is the result of an agreement between the Company and the Introduced Party which is executed within three years of the date of this Agreement.
Transaction Compensation. In the course of its services to Client, Consultant may consult regarding various financial and/or strategic options for consideration by Client. Such options may include without limitation, acquisitions, asset sales or purchases, mergers, consolidations, joint ventures, or other business combinations, recapitalization, spin-offs, and equity and debt financing through public offerings, private placements, institutional borrowing, or otherwise, in each case involving Client and a third party or parties introduced by Consultant on the other hand ("Transactions"). The parties agree that the name of the third party or parties introduced by Consultant hereunder shall be listed by Written Notice from Consultant and shall be annexed to this Agreement. If Client has prior contact with the third party, Client shall give Written Notice to Consultant within One (1) business day setting forth that Client has prior contact with the named third party and Consultant shall then be entitled to only such reasonable fee as the Client and Consultant may agree in writing. Client agrees that Consultant may receive compensation from the third party in the event of any transaction with the Client; provided, such compensation shall be disclosed by Consultant to Client prior to the time of closing. If one or more Transactions are consummated during the period commencing on the date hereof and ending two (2) years from the date this Agreement is terminated, then for each such Transaction, Client shall pay to Consultant the compensation for Consultant's services for such Transaction(s) (herein referred to as "Transactional Compensation"), a fee equal to:
Transaction Compensation. As part of this settlement agreement and following negotiations between the parties, the employer undertakes to pay the employee a gross transaction compensation in the total amount of ... €, which is composed as follows: (Please indicate the various amounts allocated to the employee, e.g. the termination indemnity, the severance payment, the balance of unused annual paid leave, etc.)

Related to Transaction Compensation

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Equity Incentive Compensation Executive shall be eligible to receive annual equity awards based on the Company’s and Executive’s actual performance, as determined by the Board or the Compensation Committee. Each such equity award granted to Executive hereunder shall be subject to the terms and conditions of the incentive plan pursuant to which it is granted and such other terms and conditions as are established by the Board or Compensation Committee and set forth in an award agreement evidencing the grant of such equity award.

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Change in Compensation If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Cash Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!