We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Transaction Bonus Pool definition

Transaction Bonus Pool means an aggregate pool equal to five percent (5%) of the Deal Proceeds with respect to a Transaction.
Transaction Bonus Pool has the meaning set forth in Section 6.1(b).
Transaction Bonus Pool shall have the meaning set forth in Section 5.2(c) of the Company Disclosure Schedule.

Examples of Transaction Bonus Pool in a sentence

  • If any portion of the Aggregate Transaction Bonus Pool is unallocated at the time of a Sale of the Company, such unallocated portion will not be paid and shall be available for distribution to the Company and its shareholders pursuant to the terms of the agreements governing the Sale of the Company, unless the Board determines otherwise.

  • Creation of this Transaction Bonus Pool and the amount and terms of the Transaction Bonus Pool is subject to obtaining all consents of lenders, equity providers and other project participants for the Projects.

  • The Company expects that the Transaction Bonus Pool will be in an amount between 1/2 of 1% and 1% of the total project cost for the Projects.

  • The portion of the Transaction Bonus Pool to be allocated to each individual who is a Participant shall be determined in accordance with the following formula: X = A/B, where: X is the percentage of the Transaction Bonus Pool to be allocated to the Participant (the “Applicable Percentage”); A is the total number of Units held by the Participant immediately prior to the consummation of a Transaction; and B is the then maximum number of Units that may be issued under the Plan.

  • The portion of the Transaction Bonus Pool payable with respect to any year will be distributed in the first quarter of the subsequent year as part of the Company’s incentive compensation payments.


More Definitions of Transaction Bonus Pool

Transaction Bonus Pool means eight-tenths of one percent (.8%) of the Transaction Price of each Transaction.
Transaction Bonus Pool means the Benefit Plan identified on Section 1.1(c) of the Company Disclosure Letter.
Transaction Bonus Pool means an amount determined in accordance with Exhibit A attached hereto.
Transaction Bonus Pool means 1% of the Equity Value over $1 billion.
Transaction Bonus Pool has the meaning set forth in Section 2.3(b)(iv).
Transaction Bonus Pool has the meaning ascribed to such term in the Resources LLC Agreement.
Transaction Bonus Pool means the amount available for distribution under the Agreement upon the Change of Control Transaction. As used herein, the termterminated without Cause” or phrase of similar import shall include the voluntary termination of his employment with the Company or NSI by the Employee after a not insubstantial diminution in his compensation, benefits, title or responsibilities or a requirement that he make a geographic move of more than or the move of NSI’s headquarters more than 25 miles.