Retention Payment Date definition

Retention Payment Date means the date that is 11 months following a Change in Control. Notwithstanding anything herein to the contrary, for purposes of this Plan, the Executive shall be deemed to be employed on the Retention Payment Date and therefore entitled to receive the bonus payment provided by this Section 4 in the event the Executive experiences a Terminating Event after a Change in Control or within six months before a Change in Control.
Retention Payment Date or “Retention Payment Dates” shall be as defined in Section 3.1.
Retention Payment Date means the date falling fifteen (15) days after the issuance of the proforma consolidated audited accounts of the Companies for the Financial Year ending 31 December 1999.

Examples of Retention Payment Date in a sentence

  • For the avoidance of doubt, the remaining Earnout Escrow Amount that have not yet been released pursuant to this Section 1.02(h) shall remain in the Earnout Escrow Account until released following the Applicable Earnout Payment Date or Retention Payment Date in accordance with this Section 1.02(h).


More Definitions of Retention Payment Date

Retention Payment Date means the first anniversary of the date as of which a new Chief Executive Officer commences employment with the Company after the Effective Date.
Retention Payment Date means the date which it is finally determined that a Retention Payment Obligation is due and payable in accordance with the terms and conditions of the Applicable Retention Agreement.
Retention Payment Date shall be as defined in Section 3.1.
Retention Payment Date means the 18 month anniversary of Completion;
Retention Payment Date means (unless otherwise provided in a Participant’s Notice of Participation) the 90th day following the Offer Closing.
Retention Payment Date has the meaning given in Schedule 7;
Retention Payment Date means either the First Payment Date or the Second Payment Date, as applicable. "First Payment Date" shall mean the Closing Date and the "Second Payment Date" shall mean the date which is the six-month anniversary of the Closing Date.