Examples of Stay Bonus Agreements in a sentence
The Sellers shall pay all amounts owing to employees of the Company and the Business under the Stay Bonus Agreements, and the Company and Purchaser shall have no Liability with respect thereto.
The Parent and the Purchaser agree that the Surviving Corporation shall maintain and shall comply with the Company's Transition Employment Agreements, as amended, and Stay Bonus Agreements, with several officers of the Company listed on Schedule 7.3 of the Company Disclosure Letter and the Employment Agreement, as amended, with R.
Purchaser shall deliver to Seller Parent an officer's certificate setting forth (1) the total amount of payments made to the Identified Employees in respect of the Stay Bonus Agreements, and (2) that all such payments were made to the Identified Employees named on such certificate only after the fulfillment by such Identified Employees of the terms and conditions set forth in the Stay Bonus Agreements.
Parent shall have executed and delivered to ----------------- Company and the other parties thereto a counterpart signature page to the Escrow Agreement, the Note Retirement Agreement, the Investment Agreements, the Employment Agreements identified in Section 6.2.4(a) hereof, and the Stay Bonus Agreements identified in Section 6.2.4(b) hereof.
Previously, the Group recognised deferred taxes on changes in fair value of all investment properties based on the tax consequence that would follow from the manner in which the Group expects at the end of the reporting period to recover the carrying amount of the investment properties.
On the date hereof, the Company has delivered to Parent and Buyer: (i) duly executed, true and complete copies of the Stay Bonus Agreements; and (ii) the Disclosure Letter.
At the Closing, to provide a source of funds for the payments that the Company or any of its Subsidiaries may be required to make under the Stay Bonus Agreements, the Buyer shall deliver to the Escrow Agent the Stay Bonus Escrow Amount, which shall be held by the Escrow Agent in an escrow account (the “Stay Bonus Escrow Account”) and distributed in accordance with the terms of the Stay Bonus Escrow Agreement.
Other than the Stay Bonus Agreements and retention bonuses referenced in Item 1(b), there are no proposed employment, consultation, advisory or management contracts concerning the Domestic Insurer by the Applicants.
The Parent and the Pur- chaser agree that the Surviving Corporation shall maintain and shall comply with the Company's Transition Employment Agreements, as amended, and Stay Bonus Agreements, with several officers of the Company listed on Schedule 7.3 of the Company Disclosure Letter and the Employment Agreement, as amended, with R.
Upon receipt of such officer's certificate, Seller Parent shall reimburse the Company for all amounts paid by the Company to the Identified Employees in accordance with the Stay Bonus Agreements.