Contingent Payments definition

Contingent Payments has the meaning set forth in Section 2.02(a).
Contingent Payments shall have the meaning set forth in Section 3.1(b) hereto.
Contingent Payments means all payments in the nature of compensation payable to (or for the benefit of) Executive which would otherwise be treated as “excess parachute payments” (within the meaning of Section 280G(b)(1) of the Code) determined as if the thresholds set forth in Section 280G(b)(2)(A)(ii) of the Code were satisfied with respect to Executive.

Examples of Contingent Payments in a sentence

  • Pursuant to Section 7.7(b) of this Agreement, Buyer shall have the right in its sole discretion to satisfy all or any part of any claim for Losses by setting off such Losses against any of the Contingent Payments.


More Definitions of Contingent Payments

Contingent Payments shall have the meaning set forth in Section 16.
Contingent Payments shall have the meaning set forth in Section 2.4(f).
Contingent Payments means payments in the “nature of compensation” to (or for the benefit) of an Eligible Employee if such payment is “contingent on a change in the ownership or effective control of the corporation or in the ownership of a substantial portion of the assets of the corporation,” as such terms are defined in Section 280G of the Code and the Treasury Regulations thereunder.
Contingent Payments means collectively the Initial First Period Contingent Payments, the First Period Contingent Payments and the Second Period Contingent Payments.
Contingent Payments shall have the meaning set forth in SECTION 2.3.
Contingent Payments means consideration received or receivable by the Company, its employees, former or current Equity Interest holders, or any other parties in connection with a Change of Control in the form of deferred performance-based payments, “earn-outs”, indemnity holdbacks, or other contingent payments based on the future performance of the Company or any of its businesses or assets.
Contingent Payments means additional consideration to be paid by the Borrower or any Restricted Subsidiary for any Registration that has been previously acquired or that may be acquired by any such Person, in each case, in accordance with the terms of this Agreement, that is payable out of a portion of net sales, net profits or other sales-based milestone with respect to the acquired Registration; provided that the foregoing shall not include any royalty payments or obligations.