Primary Milestone Bonus definition

Primary Milestone Bonus means a bonus payment in an amount equal to [***], as such amount may be adjusted pursuant to Sections 7.2.2 and 7.2.3.
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Examples of Primary Milestone Bonus in a sentence

  • If Contractor achieves a Super Primary Milestone more than [***] Days after the relevant Completion Date but within [***] Days of the relevant Completion Date, the amount of the Super Primary Milestone Bonus payable in respect of such Super Primary Milestone shall be equal to [***].

  • If Contractor achieves a Primary Milestone more than [***] Days after the relevant Completion Date but within [***] Days of the relevant Completion Date, the amount of the Primary Milestone Bonus payable in respect of such Primary Milestone shall be equal to [***].

  • If Contractor achieves a Super Primary Milestone more than [***] after the relevant Completion Date but within [***] of the relevant Completion Date, the amount of the Super Primary Milestone Bonus payable in respect of such Super Primary Milestone shall be equal to [***].

  • If Contractor achieves a Primary Milestone more than [***] after the relevant Completion Date but within [***] of the relevant Completion Date, the amount of the Primary Milestone Bonus payable in respect of such Primary Milestone shall be equal to [***].

  • For the avoidance of doubt, if Contractor does not achieve a Super Primary Milestone within [***] Days of the relevant Completion Date, no Super Primary Milestone Bonus shall be payable in respect of such Super Primary Milestone.

  • For the avoidance of doubt, if Contractor does not achieve a Primary Milestone within [***] Days of the relevant Completion Date, no Primary Milestone Bonus shall be payable in respect of such Primary Milestone.

  • For the avoidance of doubt, if Contractor does not achieve a Primary Milestone within [***] of the relevant Completion Date, no Primary Milestone Bonus shall be payable in respect of such Primary Milestone.

  • For the avoidance of doubt, if Contractor does not achieve a Super Primary Milestone within [***] of the relevant Completion Date, no Super Primary Milestone Bonus shall be payable in respect of such Super Primary Milestone.

  • If Contractor achieves a Primary Milestone after the relevant Completion Date but within [***] of the relevant Completion Date, the amount of the Primary Milestone Bonus payable in respect of such Primary Milestone shall be equal to [***].

  • If Contractor achieves a Primary Milestone prior to the relevant Completion Date, the amount of the Primary Milestone Bonus payable in respect of such Primary Milestone shall be increased by an amount equal to [***] for each day between the date of such achievement and such Completion Date.

Related to Primary Milestone Bonus

  • Effective Date has the meaning set forth in the preamble.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Day means calendar day.

  • Board means the Board of Directors of the Company.

  • Company has the meaning set forth in the Preamble.

  • Confidential Information means any communication or record (whether oral, written, electronically stored or transmitted, or in any other form) provided to or made available to Contractor or that Contractor may create, receive, maintain, use, disclose or have access to on behalf of HHS that consists of or includes any or all of the following:

  • Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Person means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.