Bonus Plan Participant definition

Bonus Plan Participant means a participant in the Bonus Plan.
Bonus Plan Participant has the meaning set forth in Section 6.9(d).
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.

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.

  • 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.

  • 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.

  • Any such prorated bonus shall be paid to the Bonus Plan Participant within sixty (60) days following such Bonus Plan Participant’s termination of employment, subject to such Bonus Plan Participant’s execution of a Release of Claims that becomes effective and non-revocable under applicable law within the sixty (60)-day period following such termination of employment.

  • Establishes a Minnesota biomedicine and bioethics innovation grant program to be used to fund biomedical and bioethical research and related clinical translation and commercialization activities in the state.

  • Neither the Company, Parent nor any other Affiliate of Parent shall, by any provision of this Bonus Plan, be deemed to be a trustee of any property, and any rights of any Bonus Plan Participant shall be no greater than those of a general unsecured creditor of the Company.

  • All Incentive Shares to be issued pursuant to this Bonus Plan shall be deemed issued and outstanding only as of the related Award Date of such consideration, and subject to Section 2.4(d), no Bonus Plan Participant shall be entitled to any dividend or distribution declared by Parent in respect of any Incentive Shares the record date for which is prior to such payment date.

  • To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Company Shareholder, Company Optionholder, Company Warrantholder or Bonus Plan Participant in respect of whom such deduction and withholding was made.

  • The Purchaser and the Sellers agree that, subject to the continued employment of a given Bonus Plan Participant with a Register Entity until immediately prior to the Closing, and notwithstanding any terms of the applicable Bonus Plan to the contrary, at the Closing, such Bonus Plan Participant shall become fully vested in his or her Non-Participating Bonus Amounts under the applicable Bonus Plan, and such vested amounts shall be paid pursuant to this Section 2.04(b).

  • Parent may, in its sole discretion, elect to, in lieu of delivering Incentive Shares to a Bonus Plan Participant who does not qualify as an “accredited investor,” deliver the cash equivalent of the Incentive Shares to such Bonus Plan Participant (with the applicable cash value of such Incentive Shares being the Parent Trading Price determined as of the related Award Date(s) multiplied by the number of Incentive Shares that such Bonus Plan Participant would otherwise have been issued on such Award Date(s)).


More Definitions of Bonus Plan Participant

Bonus Plan Participant means the Participants (as defined in the Bonus Plan) set forth on the Closing Consideration Spreadsheet.
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.

Related to Bonus Plan Participant

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

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • 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.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • 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 an employer that:

  • 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 participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

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

  • Employee Participant means an Employee who holds an outstanding Award under the terms 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.

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

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

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.