Transaction Bonus Payments definition

Transaction Bonus Payments means the bonus and other compensatory payments that become payable by the Company solely as a result of the consummation of the Contemplated Transactions, as set forth on Schedule 1.2(c).

Transaction Bonus Payments means, collectively, any payments payable by the Company or AG LLC, whether before, on, or after the Closing Date, pursuant to each of the Contracts set forth on Schedule 1.1(c) (as they may be amended from time to time as permitted hereunder) upon a “Change of Control” (as such term is defined therein), including, any “Salary Termination Payment” (as such term is defined therein) and any “LTI Payment” (as such term is defined therein).

Transaction Bonus Payments means any payments that become due and payable to the employees of the Acquired Companies identified on Section 6.09 of the Disclosure Schedule as a result of or in connection with the Acquisition.

Examples of Transaction Bonus Payments in a sentence

• Promptly following the Closing, Buyer shall cause the Company to pay the Transaction Bonus Payments to the individuals indicated on the Estimated Closing Statement in the amounts set forth on the Estimated Closing Statement, in each case with such payments to be made on the Closing Date and otherwise in accordance with the terms of the agreements related to such Transaction Bonus Payments.

• For the avoidance of doubt, any deductions associated with Transaction Bonus Payments or amounts paid or payable to holders of Options pursuant to Section 2.8(d) shall not be for the benefit of any Securityholder, but rather, shall be for the benefit of the Company or the Surviving Corporation, as applicable.

• Any payments made pursuant to this Agreement to the Optionholders and recipients of Transaction Bonus Payments shall be made to the Company on their behalf and the Company shall distribute such amounts as soon as reasonably practicable, and in any event, within 2 business days, to the Optionholders and the recipients of Transaction Bonus Payments net of all applicable withholding Taxes.

• On the Closing Date, Parent shall wire to the Company the Aggregate Transaction Bonus Payments and the LTIP Settlement Amount payment in accordance with wire transfer instructions provided by the Company to Parent prior to the Closing Date.

• Except as otherwise agreed in writing by the Company and the Acquiror prior to the Closing, at the Closing, Acquiror shall pay, or cause to be paid, on behalf of the Company and its Subsidiaries, all obligations in respect of the Transaction Bonus Payments.

More Definitions of Transaction Bonus Payments

Transaction Bonus Payments means the aggregate amount of (i) the bonuses set forth under the heading “Bonus Amount” to be paid to the individuals listed opposite such bonus amounts under the heading “Payee”, each as set forth in the table in Schedule 6, plus (ii) the employer’s portion of any payroll Taxes related to such bonuses.

Transaction Bonus Payments means the payments described in Schedule 3.02(1) of the Company Disclosure Schedule.

Transaction Bonus Payments means the transaction bonus or change of control amounts payable and due upon consummation of the Merger (without a requirement of employment termination) in respect of any employees or officers of the Company or any of its Subsidiaries (whether paid to such employees or officers or deposited into the Escrow Fund in respect of such employees or officers) as set forth on Schedule IV , as such Schedule may be amended prior to Closing by the Escrow Fund Recipient Agent.

Transaction Bonus Payments means all payment obligations of the Acquired Companies under severance plans, bonus plans, employee change of control or retention arrangements, in each case payable solely as a result of the consummation of the Transactions. For the avoidance of doubt, Transaction Bonus Payments shall not include any obligations of the Acquired Companies under severance plans, bonus plans, or employee change of control or retention arrangements, in each case payable by reason of an event that occurs following the consummation of the Transactions (e.g., a termination of employment).

Transaction Bonus Payments means the payments to be made by Buyer out of the Purchase Price pursuant to Section 2.3 to the individuals and in the amounts set forth on Schedule 1.28.

Transaction Bonus Payments means the amounts payable in connection with the Closing pursuant to the agreements or arrangements listed or described on Schedule 1.1(b) of the Company Disclosure Letter.

Transaction Bonus Payments means the payments payable to select employees in connection with the Closing, including but not limited to, the payments payable to [***Redacted – Personally Identifying Information***].