Bonus Interest Agreement definition
Examples of Bonus Interest Agreement in a sentence
Sections 3, 4(a)(i), 4(a)(ii), 4(b), 4(c), 5(e)(v) and 6(e) of the Bonus Interest Agreement shall have no applicability to Consultant's rights to payments under the Bonus Interest Agreement and payments in respect of Bonus Interests shall be made pursuant to the applicable provisions of the Bonus Interest Agreement, as if Sections 3, 4(a)(i), 4(a)(ii), 4(b), 4(c), 5(e)(v) and 6(e) of the Bonus Interest Agreement were not a part thereof.
This Agreement, the Shareholders Agreement, the Joint and Several Indemnity Agreement, dated as of October 10, 1996, among the Company, Consultant and the other parties thereto (the "Indemnity Agreement"), the Stock Option Agreement and the Bonus Interest Agreement contain the entire understanding and agreement between the parties relating to the subject matter hereof.
Section 16 of the Bonus Interest Agreement is hereby ----------- incorporated into and made part of this Agreement by reference and shall be deemed to refer and apply to this Agreement.
The Bonus Interest Agreement shall --------------------- remain in full force and effect and Consultant shall continue to be entitled to the benefits contained therein (notwithstanding that Consultant is no longer an employee of the Company), except as such may be modified by the provisions of this Agreement.
Except to the extent provided in Section 16(d) of the Bonus Interest Agreement (which is incorporated by reference pursuant to Section 4 hereof), this Agreement is governed by and is to be construed and enforced in accordance with the internal laws, and not the laws pertaining to choice or conflict of laws, of the State of Delaware.
Except as herein provided, the Bonus Interest Agreement shall be unchanged and continue in full force and effect, including, but not limited to, with respect to the date of grant, expiration, general vesting provisions and acceleration.
After the Antidilution Adjustment, all further antidilution adjustments, if any, will be made in accordance with the terms of the Amended and Restated Plan, Stock Option Agreement, Bonus Plan and Bonus Interest Agreement, as applicable.
Except to the extent provided in Section 16(d) of the -------------- Bonus Interest Agreement (which is incorporated by reference pursuant to Section 6 hereof), this Agreement is governed by and is to be construed and enforced in accordance with the internal laws, and not the laws pertaining to choice or conflict of laws, of the State of Delaware.
Notwithstanding the above, (x) any controversy or claim arising out of or relating to the Bonus Interests, the Bonus Interest Agreement, or Section 3(b) of this Agreement shall be settled by arbitration pursuant to Section 16 of the Bonus Interest Agreement; and (y) any controversy or claim arising out of or relating to the New Options, the Old Options, the Stock Option Agreement or Section 3(c) of this Agreement shall be settled by arbitration pursuant to Section 16 of the Stock Option Agreement.
This Agreement and the Bonus Interests may not be transferred, assigned, pledged or hypothecated by Participant, except as contemplated in the Bonus Interest Agreement.