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);
Sample 1
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.
Sample 1
Bonus Employees shall have the meaning specified in Section 1.3(d).
Sample 1

Examples of Bonus Employees in a sentence

  • 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.

  • 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%).

  • As soon as practicable following the Effective Time and in accordance with Section 6.4(c), Parent shall grant to the Bonus Employees, under Parent's 2003 Equity Incentive Plan for New Employees equity retention bonuses in the form of restricted stock units for Parent Common Stock ("RSUs") covering an aggregate number of shares of Parent Common Stock that results from dividing $1,700,000 by the Closing Stock Price.

  • Schedule 2.28 (the “Sale Bonus Schedule”) sets forth: (a) each employee of the Company Entities or other individual entitled to receive a Sale Bonus (collectively, the “Sale Bonus Recipients”), (b) the accurate amount of Sale Bonus payable to each such Sale Bonus Recipient, and (c) the aggregate amount of Sale Bonuses payable to all Sale Bonus Employees, collectively.

  • The issuances pursuant to this Section 11.1(b) shall be contingent upon the Agreement by the Additional Bonus Employees to representations, warranties and covenants as well as execution of documents that Parent may reasonably request and the satisfaction of the shareholder approval requirements of Section 280G of the Code and the regulations thereunder with respect to Additional Employee Bonus payments to Additional Bonus Employees who are “disqualified individuals” under Section 280G of the Code.

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

  • Prior to Employee's receipt of payment of any Bonus, Employee's rights under this Agreement are not transferable other than by will or the laws of descent and distribution.

  • Assuming each of the Employee Retention Bonuses are fully earned by the Retention Bonus Employees, the entire obligation is equal to $395,938, inclusive of employer-paid taxes thereon.

  • In furtherance of the foregoing, Sellers shall have the right, upon reasonable request, to verify and confirm the employment status of the Retention Bonus Employees (and request other reasonably necessary information) at any time prior to the payment of the Employee Retention Bonuses for the purposes of determining whether the conditions to the payment of each Employee Retention Bonus were satisfied.

  • As soon as administratively practicable following the Effective Time and in accordance with Section 6.4(c), Parent shall pay or cause the Surviving Corporation to pay cash retention bonuses (collectively, the "Cash Retention Bonuses") in the aggregate amount of $1,700,000 to the employees of the Acquired Companies identified on Schedule 6.4(a) who are employed by the Company on the date hereof and remain employed by the Company through the Effective Time (the "Bonus Employees").


More Definitions of Bonus Employees

Bonus Employees has the meaning given in clause 16.4;
Sample 1
Bonus Employees means those Employees set forth in Section 11.1(a) of the Company Disclosure Schedule.
Sample 1

Related to Bonus Employees

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Hired Employees has the meaning set forth in Section 6.1(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 6.1.1.

  • 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 of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • 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 has the meaning set forth in Section 5.11(a).

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

  • 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).