Employee Payment definition

Employee Payment has the meaning set forth in ‎Section 2.3(c).

Employee Payment means the $700,000 payment described to be paid to Xxxxxxx after the Closing pursuant to the Xxxxxxx Employment Agreement.

Employee Payment means a type of ACH Payment sent via the ACH network for direct deposit of an Employee's wages or other compensation;

Examples of Employee Payment in a sentence

• The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date shall be paid to the Executive in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

• The aggregate amount of any payments that would otherwise have been made during such six-month period shall be paid in a lump sum on the Specified Employee Payment Date without interest and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

• The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date shall be paid to Executive in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

• The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date shall be paid to you in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

• The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date and interest on such amounts calculated based on the applicable federal rate published by the Internal Revenue Service for the month in which the Executive’s separation from service occurs shall be paid to the Executive in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

More Definitions of Employee Payment

Employee Payment means (a) payments to employees of the Company between the date hereof and the Closing Date in the Ordinary Course of Business and consistent with existing Company bonus and variable compensation plans and (b) additional payments, not exceeding $2,215,000 in the aggregate, to employees of the Company between the date hereof and the Closing Date as bonuses.

Employee Payment means the payment for salary, wages and employer superannuation contributions due to or for the Employees up to and including the date of Completion.

Employee Payment means the $700,000 payment described to be paid to Raymond after the Closing pursuant to the Raymond Employment Agreement.

Employee Payment means the $700,000 payment described to be paid to Raymond after the Closing pursuant to the Raymond Employment Agreement. “Environment” means any ambient, workplace or indoor air, surface water, drinking water, groundwater, land surface, subsurface strata, river sediment, plant or animal

Employee Payment shall have the meaning ascribed thereto in shall have the meaning ascribed thereto in Section 3.28(i) hereto.

Employee Payment means the payment for salary, wages and employer superannuation contributions due to or for the Employees up to and including the date of Completion. * Confidential Portions have been omitted and are on file separately with the Commission.

Employee Payment has the meaning set forth in Exhibit Z (Calculation of Termination Compensation).