Bonus Plan Participant definition

Bonus Plan Participant means a participant in the Bonus Plan.
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Bonus Plan Participant has the meaning set forth in Section 6.9(d).
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Bonus Plan Participant means the Company Employees designated to receive a payment as a result of the Merger pursuant to the Company Management Cash Bonus Plan.
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Examples of Bonus Plan Participant in a sentence

  • To be eligible to participate in the Bonus Plan, Participant must sign the participation notice, attached as Exhibit A.

  • Target has provided to Acquiror or made available in the Data Room complete and correct copies of each award agreement executed by each Bonus Plan Participant prior to the date of this Agreement.

  • No Person is entitled to any amounts in respect of the Bonus Plan other than the Bonus Plan Payment payable to each Bonus Plan Participant as set forth on the Closing Consideration Spreadsheet.

  • On or prior to the fifth Business Day preceding the Closing Date, Seller shall deliver to Buyer statements setting forth in reasonable detail (i) the individual payments to be made under the Change in Control Bonus Plan together with wiring instructions for the accounts designated by or on behalf of each Change in Control Bonus Plan Participant and (ii) the Net Option Share Amount Payment together with wiring instructions for the accounts designated by each Optionholder.

  • Buyer, Parent, Seller and Stockholder shall use their respective Best Efforts to deliver Bonuses to each Seller's Bonus Plan Participant who, at the time Bonuses are to be paid, is not an employee of Buyer, Parent or any of their respective Related Persons.

  • For the avoidance of any doubt, (i) if Actual Company 2016 Stub-Period Adjusted EBITDA is less than seventy-five percent (75%) of the 2016 Stub-Period Adjusted EBITDA Target, then Parent shall have no obligation to issue, and no Bonus Plan Participant shall have the right to receive, any First Bonus Period Shares, and (ii) in no event shall the First Bonus Target Period Fraction be greater than one (1.00).

  • Schedule 1.6(f) sets forth the name and the “Percentage Interest” of each Retention Bonus Plan Participant as contemplated by the Retention Bonus Plan, along with the current tax withholding rates for such Retention Bonus Plan Participant with respect to supplementary wages; provided, that, Company may amend Schedule 1.6(f) at any time prior to the tenth business day prior to the Closing in compliance with the terms and conditions of the Retention Bonus Plan and this Agreement.

  • At and following the Closing, Parent shall cause the Surviving Corporation (or, if applicable, another Acquired Corporation) to pay (a) the Bonus Plan Participants the cash payments required to be made pursuant to the terms of the Bonus Plan as provided by this Agreement, subject to delivery by a Bonus Plan Participant of an executed release of claims in the form provided in the Bonus Plan to Parent, (b) the Contingent 2010 Bonuses and (c) the Company Severance Payments.

  • In no event shall any Award under this Bonus Plan that constitutes “nonqualified deferred compensation” subject to Section 409A be subject to offset, counterclaim or recoupment by any other amount payable to a Bonus Plan Participant unless otherwise permitted by Section 409A.

  • Each Bonus Plan Participant acknowledges and agrees that the general release they are providing under this Section 4.1 is a material inducement to Parent’s willingness to enter into the Merger Agreement and to the adopt this Bonus Plan.


More Definitions of Bonus Plan Participant

Bonus Plan Participant means each of Xxxxx Xxx and Xxxxx Xxx; provided, however, that no Award shall be made, and the term Bonus Plan Participants shall not include, with respect to any particular Bonus Plan Period, any person who is no longer an employee of Company or Parent or any other Affiliate of Parent on the related Award Date except to the extent provided in Section 2.7. Confidential Portions of this Exhibit marked as [***] have been omitted pursuant to a request for confidential treatment and have been filed separately with the Securities and Exchange Commission.
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Bonus Plan Participant means the Participants (as defined in the Bonus Plan) set forth on the Closing Consideration Spreadsheet.
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Related to Bonus Plan Participant

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Participant has the meaning specified in Section 10.06(d).

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Eligible employer means any municipality with a municipal

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Bonus Award means a bonus award made pursuant to Section 9.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Covered Employee means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.