Bonus Employees definition

Bonus Employees means the persons whose names are set in the table in Part C of Schedule 1; Claim means a Warranty Claim, an Indemnity Claim, RC Claim and/or a Tax Claim; Claim for Tax has the meaning given to it in the Tax Schedule; Companies Act or the Act means the Companies Xxx 0000; Company's Bank Account means HSBC Bank, account name: CBS Xxxxxx Ltd, sort code: 40-18-22 and account number: 00000000; Completion means the performance by the parties of the obligations (to the extent not previously waived under this agreement) assumed by them under clauses 8.2, 8.3 (other than clauses 8.3.3 and 8.3.4), 8.4 (other than clause 8.4.4) and 8.5. For the avoidance of doubt, Completion shall be deemed to have occurred notwithstanding that the events referred to in clauses 8.3.3, 8.3.4 and/or 8.4.4 have not occurred (and no person waives any of their rights pursuant to such clauses);
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Bonus Employees means those Employees set forth in Section 11.1(a) of the Company Disclosure Schedule.
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Bonus Employees has the meaning given in clause 16.4;
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Examples of Bonus Employees in a sentence

  • The scope of the Nomination and Remuneration Committee extends to recommending to the Board, the compensation terms of the Executive Directors, including Performance Bonus, Employees Stock Option Scheme etc.

  • As of January 1, 2004, Buyer and its Affiliates may in their sole discretion establish bonus objectives and potentials for the Bonus Employees in accordance with Buyer's policies.

  • The scope of the Remuneration Committee extends to recommending to the Board, the compensation terms of the Executive Directors, including Performance Bonus, Employees Stock Option Scheme etc.

  • The percentage varies according to each employee’s contribution in the achieved results. Marketing Bonus: Employees are eligible to benefit from commissions for the sale of the Bank’s products and services. Expatriate Allowance: Employees are eligible to benefit from Expatriate Allowance when they are assigned to long term Business missions abroad.

  • As noted above, the second quarter bonus formula is: ((revenue bonus + individual performance bonus) x maximum bonus) x .5 = Second Quarter Bonus Employee's revenue bonus is 67.5% (90% of 75%).

  • The Transaction Bonuses payable to the Bonus Employees shall be in such amounts or computed according to such formula as agreed upon in writing by Buyer and the Sellers on or prior to the Closing Date; provided, however, that the aggregate amount of the Transaction Bonuses shall be equal to $3,000,000.

  • The percentage varies according to each employee’s contribution in the achieved results. Marketing Bonus: Employees are eligible to benefit from commissions for the sale of the Bank’s products and services. Compliance Bonus: Branch compliance officers are eligible to benefit from a special compensation scheme that has been developed for all employees performing the role of Compliance Officers at the branches.

  • Performance Bonus & Other Bonus Employees according to their performance and their position in the higher key get at most six bonuses equal to the each months basic salary.

  • Attendance Bonus Employees who have perfect attendance for each quarter of the calendar shall receive a $65.00 cash incentive award at the end of each quarter.

  • The Additional Bonus Employees and the bonus payment to be made to each such employee under this Section 11.1(b) shall be listed on Section 11.1(b) of the Company Disclosure Schedule prior to the Closing Date.


More Definitions of Bonus Employees

Bonus Employees means those employees of the Fidelity Companies entitled to transaction bonuses pursuant to the Transaction hereunder, as listed on the First Closing Consideration Spreadsheet.
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Bonus Employees shall have the meaning specified in Section 1.3(d).
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Related to Bonus Employees

  • Key Employees means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Retained Employees has the meaning set forth in Section 8.1.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Covered Employees means all employees and agents of the Company who are responsible for performing, supervising, overseeing, or managing activities related to the maintenance of online political files, as required by the Political Record- Keeping Statute and Rule.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Public employees retirement system means the retirement plan and program

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Number of Employees enter the total number of Employees in the employment category employed to provide services under the Contract during the report period, including part time Employees and Employees of subcontractors.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

Most Referenced Clauses

Most Referenced Definitions