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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).
Sale Bonus means an unfunded right to receive a payment under this Plan.
Sale Bonus means any amount payable to a Sale Bonus Participant pursuant to a Sale Bonus Plan.

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.

  • You will become entitled to receive the Sale Bonus in the event that (i) a Triggering Event occurs during the Term, and (ii) a Change in Control contemplated by such Triggering Event occurs thereafter.

  • 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.

  • The amount of the Sale Bonus shall be equal to your Individual Share multiplied by the Management Share.

  • 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).


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.
Sale Bonus has the meaning set forth in the definition of Transaction Expenses.
Sale Bonus has the meaning set forth in Section 8.16.
Sale Bonus means an amount which has been agreed by the Sellers as becoming payable to certain of the Key Employees on completion of the Proposed Transaction.
Sale Bonus means a bonus payable to a Participant pursuant to Section 7 of the Plan.
Sale Bonus has the meaning given in clause 8.1;