Special Bonuses definition

Special Bonuses means the bonuses (prêmios) to be paid by CTF to or at the direction of certain individuals in connection with the closing of the Transaction, in the amounts disclosed in the CTF Disclosure Letter.

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Special Bonuses means the bonuses described in Section 1.1 of this Agreement.

Special Bonuses means the Transaction-specific bonuses payable by the Target Companies to the Founders in the overall amount of US$2,100,000 in accordance with Sections 2.1 and 2.2 of that certain side letter entered into between SWVL Holdings Corp., Founders, the Seller and the Buyer on or about the date hereof (the “Transaction Bonus Side Letter”). For the avoidance of doubt, any additional amounts payable to the Founders by Seller pursuant to the Transaction Bonus Side Letter shall not be payable by the Target Companies to the Founders and shall in any circumstance be deemed “Special Bonuses” for the purposes of this Agreement.

Examples of Special Bonuses in a sentence

The Variable Cash Component – Bonuses, Special Bonuses and Commissions 5.1 Targets for an annual cash bonus (“Annual Bonus”) for an Executive Officer.
Any bonuses, other than the Special Bonuses and the Additional Special Bonus, payable pursuant to this Section 3.2 are sometimes hereinafter referred to as "Incentive Compensation." Each period for which Incentive Compensation is payable under this Section 3.2 is sometimes hereinafter referred to as a Bonus Period.
In addition to the rights, payments and benefits that Executive will have under the Employment Agreement between him and the Company dated on the same date as this Agreement, Executive will be eligible to receive the Special Bonuses described in this Section 1.1, which are in addition to and not in lieu of the payment due to Executive pursuant to Section 1.4 hereof.
The Company shall establish an annual bonus pool for Company employees (excluding Executive) of $1,500,000 for 1999 and 1.5% of EBITDA for years thereafter (the "Management Bonus Pool"), subject in each case, to reduction by the amount of any Special Bonuses awarded with respect to the applicable year pursuant to Section 2(a).
If, for any reason, the Company fails to timely pay all or any portion of the 2024 Special Bonuses, the Company and Parent, jointly and severally, shall issue a demand promissory note for the unpaid portion of the 2024 Special Bonuses, which shall accrue interest at the annual rate of six percent (6%), and the provisions contained in Section 7 of this Agreement shall be null and void, and of no further effect.

More Definitions of Special Bonuses

Special Bonuses means special cash bonuses up to an aggregate Eight Hundred Fifty Thousand Dollars ($850,000) to certain key ACER employees and in amounts identified by ACER (and reasonably acceptable to ▇▇▇▇▇▇, approval not to be unreasonably withheld or delayed); provided, however, that Seller shall either contribute additional capital to ACER prior to the Closing in an amount, or reduce the Permitted Pre-Closing Distribution by an amount, equal to the amount of the Special Bonuses plus all payroll and other taxes or expenses ACER will incur as a result or in connection with the payment of the Special Bonuses..

Special Bonuses means bonuses or other payments payable to Company personnel upon consummation of the transactions contemplated by this Agreement without regard to whether the recipient's employment has been terminated.

Special Bonuses means the bonuses (inclusive of all related payroll Taxes) to be paid to certain employees of the Company, all as listed on Schedule 1.2.

Special Bonuses. You will receive a $20 bonus for a new client registering with company for lessons at a new location as a result of contractor referral (finder's fee). Also, $20 bonus for each client contract continuing past 16 lessons as a result of contractor's wonderful teaching. Submitting Invoices for Payment: Clients continue lessons throughout the season.

Special Bonuses means an amount up to Five Million Four Hundred Thousand Dollars ($5,400,000) to be paid at or as soon as practical after the Closing by either the Company out of its cash available at Closing or by Parent as part of the Special Bonuses Shortfall to certain employees, independent contractors, and/or consultants (subject to all applicable withholdings, if any) of the Company in the manner set forth in

Special Bonuses has the meaning ascribed to that term in the Arrangement Agreement;

Special Bonuses means all amounts as determined by the Seller to be paid as a special bonus by the Company and/or any of its subsidiaries to the management and employees of the Company and/or its subsidiaries, as set out in the Box Data Room for the purposes of recognising their successful execution of the Group’s various initiatives and key medium-term objectives for the years 2019, 2020 and 2021;