Sale Bonus definition

Sale Bonus means an amount equal to: (A) the "Vested Percentage" (as hereinafter defined), multiplied by (B) the "Maximum Sale Bonus Opportunity" (as hereinafter defined).
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Sale Bonus means an unfunded right to receive a payment under this Plan.
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Sale Bonus means any amount payable to a Sale Bonus Participant pursuant to a Sale Bonus Plan.
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Examples of Sale Bonus in a sentence

  • The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • In the event of your Involuntary Termination on or after August 1, 2000 and prior to a Triggering Event, you shall remain entitled to receive the Sale Bonus in the event of a subsequent Triggering Event and a corresponding Change in Control in the same manner as if your employment with the Company had continued through the end of the Term.

  • In the event that the Change in Control transaction includes provisions for any Post-Closing Adjustment, the Company shall pay the Sale Bonus according to the terms of this Section 3(b)(ii).

  • The Board, however, shall have the discretion to make pro-rata payments of the Sale Bonus to the extent that the Aggregate Consideration is paid in installments.

  • Adjustments to the initial Sale Bonus and additional Sale Bonuses ("Sale Bonus Adjustments") shall be payable with respect to any additional transactions or asset sales that occur during the Term that would have constituted part of the Triggering Event had they occurred prior to the Change in Control.


More Definitions of Sale Bonus

Sale Bonus means any Change of Control Payments payable to any of the Company’s current or former managers, directors, officers, employees or other service providers.
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Sale Bonus means any stay bonus, change of control payment, or other amount paid as a result of the transactions contemplated by this Agreement.
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Sale Bonus has the meaning set forth in the definition of Transaction Expenses.
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Sale Bonus has the meaning set forth in Section 8.16.
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Sale Bonus means a bonus payable to a Participant pursuant to Section 7 of the Plan.
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Sale Bonus means the maximum amount of the special bonus (before any deduction or other provision deferring payment of the Sale Bonus until release of the Escrowed Funds), contingent upon consummation of this Agreement and the Acquisition and the Other Contemplated Transactions, payable to Xxx X. Xxxxxxxx, Xxxx Xxxxxxxxxxx, Xxxxxxx X. Xxxxxx and Xxxx X. Xxxxxxx referenced in Section 10.1 of the Company Letter.
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Sale Bonus is an amount equal to the sum of (i) 1 percent of the portion of the "Total Consideration" (as defined below) equal to or less than $100 million, plus (ii) 2 percent of the portion of the Total Consideration in excess of $100 million; and
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