Bonus Pool Amount definition

Bonus Pool Amount means $1,460,000.

Bonus Pool Amount means the amount payable in respect of the Bonus Pool as of the Principal Closing Date, as set forth on Schedule 1.01(b). “Brexit Assets” means the Transferred Assets of Willis Towers Watson SA/NV.

Bonus Pool Amount shall have the meaning set forth in Section 6.19.

Examples of Bonus Pool Amount in a sentence

• As an example for illustrative purposes only, if Proprietary Brand Sales as a percentage of Total C&G Sales during fiscal year 2023 were 20.1%, and Proprietary Brand Sales as a percentage of Total C&G Sales during fiscal year 2024 were 23.8%, the Bonus Pool Amount would equal $100,000.

• For the avoidance of doubt, the maximum Bonus Pool Amount is $400,000, even if growth in Proprietary Brand Sales as a percentage of Total C&G Sales exceeds 6%.

• At the Closing, Sellers shall deposit or cause to be deposited the Bonus Pool Amount in cash by wire transfer of immediately available funds with the Escrow Agent, to be held and distributed according to the Bonus Pool Escrow Agreement.

• The number of shares to be issued will be equal to the quotient obtained by dividing $2,161,363 (less the Bonus Pool Amount) by the preset value per share of $2.00.

• The Company may, prior to the Effective Time of the Merger, create a bonus plan for its employees (the "Company Bonus Plan") to provide cash bonus payments to employees for services previously rendered to the Company and rendered in connection with the Merger (the aggregate of such bonus payments constituting the "Bonus Pool Amount").

More Definitions of Bonus Pool Amount

Bonus Pool Amount means the dollar amount actually earned to fund a pool, upon attainment in full or in part of stated Performance Goal(s), not to exceed the Bonus Pool Maximum.

Bonus Pool Amount means $1,070,000.

Bonus Pool Amount is defined in Section 6.6.

Bonus Pool Amount means an amount determined as follows:

Bonus Pool Amount has the meaning set forth in the definition of “Transaction Expenses”.

Bonus Pool Amount means the amount payable in respect of the Bonus Pool as of the Principal Closing Date, as set forth on Schedule 1.01(b).

Bonus Pool Amount means $770,000. “Bonus Recipients” has the meaning specified in Section 1.5(b). “Business” means any business engaged in by any Acquired Company and any presently contemplated expansions or extensions thereof, including engineering design, development, testing, maintenance, repair, and overhaul of (a) gas turbines, (b) propulsion components and (c) turbopumps, in each case for military and commercial aircraft, space propulsion, and/or industrial power generation. “Business Day” means a day other than Saturday or Sunday and on which commercial banks are permitted by Applicable Laws to be open for business in New York, New York. A-2