Retention Payment Amount definition

Retention Payment Amount means an aggregate amount in cash equal to USD $3,000,000 plus the Retention RSUs equal to 1,805,700 shares of Buyer Series B Common Stock (such number subject to appropriate adjustment in the event of a stock split or reverse stock split in respect of the Buyer Series B Common Stock) payable or issuable to the Retention Payment Recipients in accordance with, and in the proportions set forth in, the Retention Plan.

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Retention Payment Amount means $2,000,000.

Retention Payment Amount shall have the meaning ascribed to such term in Section 4.9 hereof.

Examples of Retention Payment Amount in a sentence

You shall vest in your Retention Payment Amount on the Effective Date.
Notwithstanding anything to the contrary in your Agreement or Addendum, you shall be obligated to repay your Retention Payment Amount if, prior to the Effective Date, you terminate your Agreement without Good Reason or your employment under your Agreement is terminated for Cause.
For the avoidance of doubt, it is understood that the foregoing sentence shall not prevent you from receiving the Retention Payment Amount referred to in Section 1 above, to the extent eligible.
In the event that such restructuring is held to be a Change in Control at some future date, the Retention Payment Amount will be deducted from any entitlement in the event of a Change in Control.
Notwithstanding anything to the contrary in your Agreement or Addendum, you shall be obligated to repay your Retention Payment Amount if, prior to the Effective Date, you resign without Good Reason or you are terminated for Cause.
For the avoidance of doubt, it is understood that the foregoing sentence shall not prevent you from receiving the Retention Payment Amount referred to in Section 2 above, to the extent eligible.
At its election, Owner may deliver the Appropriate Retention Payment Amount in Qualified Securities and Proceeds or in money.
In connection with the purchase of the Shares, Buyer shall deliver or cause to be delivered to Seller aggregate consideration consisting of: (i) the Enterprise Value, minus (ii) the Retention Payment Amount (the aggregate amount calculated in accordance with clauses (i) and (ii) of this sentence is referred to herein as the “Pre-Adjustment Purchase Price”), plus (iii) the NTBV Excess, if any, minus (iv) the NTBV Shortfall, if any, (the “Purchase Price”).
Contractor will have the right under this Section 16 at each time retention would be paid to Contractor under the Construction Contract Documents to have the Appropriate Retention Payment Amount (defined below) delivered to Contractor.

More Definitions of Retention Payment Amount

Retention Payment Amount means the amounts due to employees with respect to the retention agreements described in items (i) and (ii) of Schedule 5.19(e).

Retention Payment Amount means any and all sums which any of the Companies are liable to pay to any person by way of finders fee, commission, brokerage, professional fee, bonus or similar payment which in any case is payable by reason of the transaction hereby effected, together with any irrecoverable value added tax or employers national insurance contributions for which any of the Companies is liable in respect of the same

Retention Payment Amount means the amounts due to employees with respect to the retention agreements described in items

Retention Payment Amount means such amount as is equal to the amount calculated as at the close of business on the last day of the Retention Period by subtracting from the Maximum Payment Amount: (a) a sum equal to any amounts released to the Buyer from the Retention Account pursuant to clause 10.4.3 and 10.9; and (b) the aggregate amount of any Initial Estimates or, to the extent that any Initial Estimate has been superseded by a Revised Estimate, the relevant Revised Estimate referable to Outstanding Relevant Claims(s);