Accrued Bonus Amount definition

Accrued Bonus Amount has the meaning ascribed to it in Section 5.7(d)(iii).

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Accrued Bonus Amount has the meaning set forth in Section 2.08(c).

Accrued Bonus Amount means any formally awarded but unpaid Annual Incentive Bonus with respect to a Fiscal Year.

Examples of Accrued Bonus Amount in a sentence

If the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay the Accrued Obligations other than the Accrued Bonus Amount to the Executive in a lump sum in cash within 30 days of the Date of Termination, and the Company shall have no further obligations under this Agreement.
The payment of the Accrued Bonus Amount by the Parent pursuant to the foregoing sentence shall be treated as (i) a payment on behalf of the Sellers to the Company and (ii) a payment by the Company of bonuses payable.
Buyer shall pay to the Hired Employees their respective portion of the Accrued Bonus Amount at such time when Buyer pays annual bonus payments to its employees, so long as such Hired Employee is employed with Buyer at the time of such payment.
No later than February 28, 2019, Sellers will transfer to Buyer additional amounts required to fund the Sellers’ portion of the Accrued Bonus Amount.
If there is an inconsistency between Seller Accounting Principles and the definitions of Adjusted Aggregate Net Indebtedness, Adjusted Net Working Capital, Adjustment Liabilities, Seller Outstanding Checks and Accrued Bonus Amount, the terms set forth in such definitions shall control.

More Definitions of Accrued Bonus Amount

Accrued Bonus Amount means the aggregate amount of all accrued but unpaid bonus amounts due to employees of the Company as of the Closing Date, which amount equals the sum of $48,335.00 and the applicable amounts for the employer federal and state withholding taxes due on such amount.

Accrued Bonus Amount means the aggregate amount of any accrued and unpaid bonus owed to the employees (including its sales force) of Holdco or any of its Subsidiaries or under the Emerson Agreement (including, without limitation, Section 4.02 of the Emerson Agreement for the period ending on the Closing Date notwithstanding any language to the contrary as to the performance period) as of the Closing.

Accrued Bonus Amount means fifty percent (50%) of the amounts accrued for all bonuses of the Affected Employees as of Closing Date .

Accrued Bonus Amount means the aggregate amount of any accrued and unpaid bonus owed to the employees (including its sales force) of Holdco or any of its Subsidiaries or under the ▇▇▇▇▇▇▇ Agreement (including, without limitation, Section 4.02 of the ▇▇▇▇▇▇▇ Agreement for the period ending on the Closing Date notwithstanding any language to the contrary as to the performance period) as of the Closing.

Accrued Bonus Amount means the amount included as a liability in Working Capital that is intended to be used for payment of amounts due under the annual bonus program of the Company Group Entities. No later than ten (10) days prior to the Closing, the Company Group Entities shall provide to the Acquiror Parties a schedule setting forth the Company Group Entities’ determination of each Continuing Employee’s potential portion of the Accrued Bonus Amount. The Parties hereto acknowledge and agree that amounts payable following the Closing to an Alabama Partner with respect to any guaranteed bonus or replacement award shall solely be sourced from the Discretionary Sharing Program.

Accrued Bonus Amount means the amount of the accrued annual bonus for each participant in the bonus plans as of immediately prior to the Closing (which amounts shall be accrued in accordance with GAAP).

Accrued Bonus Amount means the amount included as a liability in Actual Working Capital that is intended to be used for payment of amounts due under the Company’s annual bonus program. For the avoidance of doubt, the Accrued Bonus Amount included in the Estimated Closing Statement is $1,422,134.