Retention Bonus Plan definition

Retention Bonus Plan shall have the meaning set forth in Section 6.13(e).

Retention Bonus Plan means the retention bonus plan described in item 10 on Schedule 4.13(h) (as amended by EXHIBIT B). “Section 280G Payments” shall have the meaning set forth in Section 7.10.

Retention Bonus Plan. Is defined in Section 6.7.

Examples of Retention Bonus Plan in a sentence

• The purpose of a Retention Bonus Plan is to encourage active full-time employees to remain with the Company until their designated separation date.

• Retention Bonus Plan = ($66,000 x 20%) + ($5,500 x 10% x 18 months) = $23,100.

• At or prior to the Closing, the Company shall pay (x) the Company Transaction Expenses and (y) the Management Retention Bonuses to each Company Employee eligible under the Management Retention Bonus Plan, as determined in accordance with the Management Retention Bonus Plan by the Company.

• The Company shall annually update the Company’s Retention Bonus Plan which shall then be submitted to the Board for approval, such approval to include a majority of the directors designated by holders of Preferred Stock (the “Preferred Directors”).

• The Parties acknowledge and agree that the Distribution and the assignment, transfer or continuation of the employment of Employees as contemplated by this Section 3.1 shall not be deemed a severance of employment of any Employee for purposes of this Agreement or any Benefit Plan of any member of the LQ Parent Group (including the LQ Retention Bonus Plan, La Quinta Holdings Inc.

More Definitions of Retention Bonus Plan

Retention Bonus Plan means the retention bonus memorandum issued by Chief Oil & Gas LLC to its employees;

Retention Bonus Plan means the Amended and Restated Horseshoe Gaming Holding Corp. Retention Bonus Plan.

Retention Bonus Plan means the Pinnacle Towers Inc. Retention and Completion Incentive Plan dated as of December 28, 2001.

Retention Bonus Plan means the Retention Bonus Agreements entered -------------------- into by and between certain employees of North Central.

Retention Bonus Plan means the retention bonus program approved by the board of directors of the Company on May 31, 2015, which includes the retention bonus letter agreements issued to employees of the Acquired Companies thereunder.

Retention Bonus Plan means the Retention Bonus Plan of HGHC.

Retention Bonus Plan has the meaning ascribed thereto in Section 2.5(b);