Examples of Stay Bonuses in a sentence
Purchaser acknowledges and agrees that payment of all of the Stay Bonuses shall be made by Purchaser in accordance with the terms of the bonus agreements.
The Stay Bonuses shall be paid, less applicable withholdings, on the date such Stay Bonuses are earned.
The Annual Bonuses and Stay Bonuses previously granted to Grantee pursuant to that certain Bonus Agreement among the parties dated as of February 8, 2002 shall be considered 2001 "Performance Bonus Distributions" for the purpose of calculating any such Termination Compensation.
Purchaser shall deliver a written notice to the Seller within five Business Days after paying the Stay Bonuses and Seller shall deliver to the Purchaser, by wire transfer, certified check or any other instrument agreed to by the Purchaser and the Seller an amount representing reimbursement for fifty percent (50%) of the aggregate Stay Bonuses paid pursuant to this Section 6.05(a).
In the event ENBC seeks to complete the Restructuring pursuant to a reorganization proceeding, ENBC shall seek assumption of the Retention Program as soon as practicable after commencing its case and will seek to have all unpaid Stay Bonuses treated as administrative claims.