Retention Bonus Pool definition

Retention Bonus Pool has the meaning set forth in Exhibit D.

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Retention Bonus Pool has the meaning set forth in Section 1.6.

Retention Bonus Pool means an amount calculated in accordance with Article Five which will be allocated in accordance with the terms of the Plan for the payment of Retention Bonuses to Participants under the Plan. “Retention Bonus (or Retention Bonuses)” means the amount payable to a Participant under Article Four.

Examples of Retention Bonus Pool in a sentence

The Retention Bonus Pool shall be determined as of the date of the Change in Control.
The Committee shall have the discretion to change the formula for determining the Retention Bonus Pool from time to time.
The Retention Bonus Pool shall be equal to $5.0 million if the Purchase Price (as defined in Section 5.2) of the Company is at least $90 million but less than $100 million.
The determination of the Purchase Price and the Retention Bonus Pool shall be made by the Committee in good faith based upon the financial and other information available to it.
For each additional $10 million in Purchase Price over $100 million, the Retention Bonus Pool will be increased by $1 million, such that a total Purchase Price of $200 million will result in a Retention Bonus Pool of $16 million.

More Definitions of Retention Bonus Pool

Retention Bonus Pool shall have the meaning set forth in Section 6.15(i).

Retention Bonus Pool means (x) five percent (5.0%) of the Net Enterprise Value, subject to adjustment by the Administrator less (y) the aggregate amount of Fixed Amount Retention Bonuses payable hereunder upon a Change in Control.

Retention Bonus Pool is defined in Section 1.03 of this Purchase Agreement.

Retention Bonus Pool means the bookkeeping account established by the Employer to record the amount of the Employer’s obligation to pay Retention Bonuses under the Plan.

Retention Bonus Pool means $16,666,666 for each Retention Milestone (for an aggregate of $50,000,000 over the three Retention Milestones), payable in cash for the first Retention Milestone and at Parent’s election, in either cash or shares of Parent Common Stock (with a value determined by the average closing sales price per share of Parent Common Stock over the 15 Business Days preceding, and including, the date of the Retention Milestone), on each of the second and third Retention Milestones.

Retention Bonus Pool shall have the meaning as set forth in Section 6.10(b). “Retention Payment” means the bonus(es) payable to each Person listed on Section 6.10(a) of the Disclosure Schedules, including the Target Companies’ portion of any employment Taxes relating thereto. “R&W Insurance Policy” shall have the meaning as set forth in Section 6.4. “R&W Insurer” shall have the meaning as set forth in Section 6.4. “S Corporation” means an entity that meets all eligibility requirements to be classified as an “S corporation” under Section 1361 of the Code and any corresponding or similar provision of state or local Law for U.S. federal (and applicable state and local) income Tax purposes, and which has timely filed a valid election to be classified as an “S corporation” for all purposes with respect thereto under Section 1362 of the Code and any corresponding or similar provision of state or local Law. “Securities Act” shall mean the Securities Act of 1933 or any successor law, and regulations and rules issued pursuant thereto or any successor law. “Seller” shall have the respective meanings as set forth in the Preamble of this Agreement. “Seller-Connected Persons” shall have the meaning as set forth in Section 6.8(a).