Success Bonuses definition

Success Bonuses means cash bonuses payable as incentive compensation upon the Effective Date, determined in accordance with certain performance measures and subject to upward or downward adjustments to reflect when the Effective Date is achieved. The Plan Supplement shall contain additional information about the Success Bonuses.
Success Bonuses means, collectively, the “Success Bonuses” as defined in the Plan of Reorganization.
Success Bonuses means cash bonuses payable as incentive

Examples of Success Bonuses in a sentence

  • On the Effective Date, Reorganized FairPoint will be deemed to have adopted and authorized the Success Bonuses without any further action by FairPoint, Reorganized FairPoint, Reorganized FairPoint’s shareholders or the New Board.

  • The Success Bonuses will be earned based upon certain performance measures, subject to upward or downward adjustments to reflect the timing of the Effective Date.

  • Additional information regarding the Success Bonuses and the Long Term Incentive Plan will be provided in the Plan Supplement.

  • On the Effective Date, in accordance with the Plan, (1) management and other employees will receive (a) Success Bonuses (as defined in the Plan) and/or (b) New Common Stock awards, consisting of restricted shares of New Common Stock and options to purchase New Common Stock, pursuant to the terms of the Long Term Incentive Plan, and (2) members of the New Board will receive options to purchase New Common Stock, pursuant to the terms of the Long Term Incentive Plan.

  • On the Effective Date, Reorganized FairPoint shall be deemed to have adopted and authorized the Success Bonuses without any further action by FairPoint, Reorganized FairPoint, Reorganized FairPoint’s shareholders or the New Board.


More Definitions of Success Bonuses

Success Bonuses means those bonus payments described in Schedule 1.1(155) payable pursuant to the Success Bonus Agreements.
Success Bonuses shall have the meaning set forth in Exhibit 2.2.
Success Bonuses shall have the meaning as set forth in Section 6.10(d). “Target Companies” shall have the meaning set forth in the Preamble of this Agreement. “Tax” or “Taxes” shall mean (a) any and all taxes, charges, duties, fees, levies, or other fees or assessments, in each cash imposed by a Governmental Body in the nature of a tax, including income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated, or other tax of any kind whatsoever and including any interest, penalty, or addition with respect thereto, whether disputed or not, (b) any Liability under any state abandonment or unclaimed property, escheat or similar Law and (c) any Liability for the payment of any amounts of the type described in clauses (a) or (b) that arises by reason of a contract, assumption, transferee or
Success Bonuses means, collectively, the “Success Bonuses” as defined in the Debtorsplan of reorganization filed in the Chapter 11 Cases.
Success Bonuses means bonuses in an aggregate amount equal to $750,000 payable to certain employees of the Acquired Companies designated by the Company in writing to Macrovision prior to the Closing Date.
Success Bonuses has the meaning set forth in Section 11.3.
Success Bonuses means payments made to Company’s employees on the Closing Date in the aggregate amount of up to $5,300,000.