Transaction Bonus Amount definition

Transaction Bonus Amount means an amount equal to (i) the aggregate Transaction Bonuses to be made to the recipients thereof in connection with the transactions contemplated by this Agreement, plus (ii) the aggregate Transaction Payroll Taxes incurred in connection with such Transaction Bonuses.

Transaction Bonus Amount means the aggregate amount of all change of control, bonus or retention payments (including the employer portion of any payroll Taxes attributable thereto) that are payable (pursuant to a pre-existing obligation or otherwise) by any Group Company to any Participant as a result of the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby, including those bonuses described on Exhibit 11.1(h).

Transaction Bonus Amount shall be a cash payment in an amount determined based on the satisfaction of performance goals related to a Sale, in each case to be determined and communicated to you in writing by the Leadership and Development and Compensation Committee of the Company’s Board of Directors (which communication will also set forth the timing of payment of the Transaction Bonus Amount).

Examples of Transaction Bonus Amount in a sentence

• Within fifteen (15) business days following the effective date of a Change in Control, the Company (or its successor or assigns) shall pay to Executive the Transaction Bonus Amount.

• For instance, one could use a group of untreated firms from the same geographical area (city, region, cluster, etc) than treated firms, and a group of firms from a different area, and compare the results using one and the other comparison group.

• The “Transaction Bonus Amount” shall be a cash payment in an amount determined based on the satisfaction of performance goals related to a Sale, in each case to be determined and communicated to you in writing by the Leadership and Development and Compensation Committee of the Company’s Board of Directors (which communication will also set forth the timing of payment of the Transaction Bonus Amount).

• The calculations of the Estimated Working Capital, Estimated Cash, Estimated Closing Indebtedness Payoff Amount, Estimated Seller Transaction Expenses and Estimated Transaction Bonus Amount delivered pursuant to this Section 2.5 shall be in the form of the Closing Statement and shall be calculated in accordance with the Company Accounting Principles.

• Buyer shall remit to the Corporation an amount equal to the Options Amount, the Transaction Bonus Amount and the Retention Bonus Amount for further payment to the Optionees, to the Transaction Bonus Recipients and to the Retention Bonus Recipients, as applicable (and net of applicable withholding Taxes), in accordance with the Corporation’s standard payroll practices.

More Definitions of Transaction Bonus Amount

Transaction Bonus Amount means the aggregate amount set forth in Section 15(a) of the Disclosure Schedule as a “Transaction Bonus” to be paid to the Transaction Bonus Recipients;

Transaction Bonus Amount means the aggregate amount of bonuses payable by the Company on the Closing Date to the individuals and in the amounts set forth on the Transaction Bonus Schedule.

Transaction Bonus Amount has the meaning set forth in Section 8.2(s).

Transaction Bonus Amount is defined in Section 3.25(h).

Transaction Bonus Amount is the aggregate amount of transaction bonuses described in Section 1.01 of the Company Disclosure Schedule, up to the aggregate amount set forth in Section 1.01 of the Company Disclosure Schedule.

Transaction Bonus Amount means $105,000, which represents the total aggregate amount of the transaction bonuses that the Company owes to employees of the Company in connection with and upon the consummation of the Closing pursuant to employment agreements between such employees and the Company, all as listed on Exhibit I.

Transaction Bonus Amount means $277,000, which constitutes the aggregate amount payable to the Transaction Bonus Recipients, including any Tax obligations associated with such payments.