Seller Bonus Plans definition

Seller Bonus Plans has the meaning ascribed to it in Section 6.13.
Sample 1Sample 2
Seller Bonus Plans means the Kodak Executive Compensation for Excellence and Leadership Plan, as amended and restated effective January 1, 2002, the Kodak United States Employee Recognition Plan, as revised on October 14, 2002, and the Kodak Wage Dividend Plan.
Sample 1Sample 2
Seller Bonus Plans means the 2015 Genworth Financial Variable Incentive Compensation Plan and the 2015 Reach for Success Plan as listed in folder 6.2 (Short term incentives) of the HR Data Room;
Sample 1

Examples of Seller Bonus Plans in a sentence

  • Seller shall identify the Seller Bonus Plans on a Schedule 11.1.4 to be delivered to Buyer no later than fifteen (15) days prior to the Closing Date.

  • In determining the amount of the bonus to be paid by Buyer in accordance with the preceding sentence, Buyer shall apply criteria that are substantially comparable to the criteria established as of the Closing Date under the Seller Bonus Plans under which the bonus would have been paid had the Transferred Employees remained employees of Seller or one of its Affiliates.

  • Buyer shall also pay to each Employee the Seller Bonus Plans Payments at such time(s) as such amounts would have been paid under the Seller Bonus Plans if no Closing had occurred.

  • In determining the amount of the bonus to be paid by Purchaser in accordance with the preceding sentence, Purchaser shall apply criteria that are substantially comparable to the criteria established as of the Closing Date under the Seller Bonus Plans under which the bonus would have been paid had the Transferred Employees remained employees of any Seller or one of its Affiliates.

  • Bonus Award: Discretionary annual cash payment determined as a percentage of base pay and based on performance as defined by the Plan.Bonus Target: The Participant’s anticipated level of bonus award if Plan performance is met for each Performance Component.

  • As to each such Transferred Employee, the amount to be paid by the Buyer pursuant to this Section 6.3 shall be determined in good faith by Buyer by basing such annual bonus amount upon (a) a target bonus opportunity that is no less than the applicable Transferred Employee’s target bonus opportunity for the Closing Fiscal Year under the Seller Bonus Plans and (b) the actual level of performance for the Closing Fiscal Year with respect to the performance goals in effect under the Buyer Bonus Plans.

Related to Seller Bonus Plans

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Transaction Bonuses means the aggregate amount of any transaction bonuses, discretionary bonuses, “success” fees, change of control payments, retention bonuses, severance payments, payouts of deferred compensation and any similar or other payment obligations payable related to the consummation of the Merger, the terms of which have been agreed to by the Company or the Company Subsidiary prior to the Effective Time, including with respect to any Employee, any employer-side payroll or related Taxes payable with respect thereto.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Bonus Payments means that portion of the bonus payments received by the

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Bonus means the bonus described in the Section 2.3.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive's Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive's target annual incentive bonus for the year in which the Date of Termination occurs.

  • Earnable compensation means the full rate of the

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.