Loyalty Bonuses definition
Loyalty Bonuses means bonuses or other incentive compensation payable to certain Company Employees in the amounts disclosed in writing to Buyer prior to the date hereof, contingent on the occurrence of the Closing, in an aggregate pre-tax amount not to exceed $5,000,000.
Examples of Loyalty Bonuses in a sentence
The 2023 Employee Loyalty Bonuses will be issued within fourteen days of the County Board of Commissioners’ Approval of this contract.
The 2024 Employee Loyalty Bonuses will be issued one year from the date of the issuance of the 2023 Employee Loyalty Bonus payments.