Retention Bonus Payments definition

Retention Bonus Payments means the payments to be made by the Company at Closing and approximately three months following the closing pursuant to the Retention Bonus Plan to certain employees of the Company in up to the amounts set forth in item 10 of Schedule 4.13(h) (as amended by EXHIBIT B).
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Retention Bonus Payments means the aggregate amount of retention bonuses actually paid by the Company pursuant to the Retention Bonus Agreements which have been entered into and which are in full force and effect at the time of such payment.
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Retention Bonus Payments has the meaning given to it in Clause 15.17(b);
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Examples of Retention Bonus Payments in a sentence

  • The Company shall determine the After-Tax Value of the Retention Bonus Payment(s), which determination shall be conclusive and binding.

  • In addition, Buyer, Buyer’s agents and the Company shall be entitled to withhold from any Bonus Payment, Retention Bonus Payments or Option Termination Payment such amounts as it is required to deduct and withhold with respect to the making or vesting of such payment under any provision of any applicable Tax law.

  • Any Bonus Payments, Retention Bonus Payments and Transaction Expenses not paid prior to the Closing Date shall be included in the Proposed Final Balance Sheet.

  • For purposes of this Subsection 3(j), After-Tax Value of the Retention Bonus Payment(s) means the applicable portion of the Retention Bonus Payment net of any and all taxes and social security contributions (including but not limited to national insurance contributions) Employee is required to pay in respect thereof and determined taking into account any tax benefit that may be available in respect of such repayment.

  • The Preliminary Closing Balance Sheet shall include accruals for the full amount of Bonus Payments, Retention Bonus Payments, the Sales Tax/SARSEP Liabilities and a reasonable estimate of all Transaction Expenses that are not paid as of the Closing Date.


More Definitions of Retention Bonus Payments

Retention Bonus Payments means both the First Retention Bonus and the Second Retention Bonus, as such terms are defined in Subsections 1(a) and (b), respectively.
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Retention Bonus Payments mean the retention bonuses payable pursuant to the form Retention Bonus Letter, attached hereto as Schedule C, to certain Transferred Business Employees in the amounts as set forth on Schedule 9.1(e) to the Seller Disclosure Letter.
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Retention Bonus Payments means those retention bonuses payable in the amounts and to the individuals set forth in Schedule F to the Arrangement Agreement, by Fission or ▇▇▇▇▇▇▇, as the case may be
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Retention Bonus Payments means the aggregate amount of the retention bonus payments made to each of (i) ▇▇▇▇▇▇ ▇▇▇▇▇▇, (ii) ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, (iii) ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, (iv) ▇▇▇▇ ▇▇▇▇▇, (v) ▇▇▇▇ ▇▇▇▇▇▇▇▇ and (vi) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, pursuant to the terms and conditions of the applicable Employment Agreement.
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Retention Bonus Payments means an aggregate amount of up to CAD$5,596,041 in retention bonuses payable in the amounts and to the individuals set forth in Schedule F of the Arrangement Agreement;
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Retention Bonus Payments means the aggregate amount of the retention bonus payments made to each of (i) Garold Miller, (ii) Nathan D. Weinstein, (iii) Patrick Keenan, (iv) Mike Silva, (v) Greg Castanza and (vi) Michelle Silva, pursuant to the terms and conditions of the applicable Employment Agreement.
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Retention Bonus Payments means the retention bonus payable to (i) each Key Employee in an amount equal to [***] on the date that is [***] months after the Closing Date, assuming continued employment with the Buyer or the Company through such date and (ii) each Non-Key Employee in an amount equal to [***] of such Non-Key Employee’s salary on the date that is [***] months after the Closing Date, assuming continued employment with the Buyer or the Company through such date.
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