Transaction Bonus Recipient means each individual set forth on the Transaction Bonus Recipient Schedule.

Transaction Bonus Recipient means an employee of a GMS Entity, as described in Schedule 6.5(a), for whom the Company’s board of directors has authorized the payment of a bonus in connection with the consummation of the Share Transfer, provided such individual remains an employee of a GMS Entity on the Closing Date.

Examples of Transaction Bonus Recipient in a sentence

No later than three Business Days prior to the scheduled Closing Date, the Company shall prepare and deliver to Parent a schedule (the “Transaction Bonus Recipient Schedule”) setting for the name of each Transaction Bonus Recipient and the amount of Transaction Bonuses that will be payable to each such Transaction Bonus Recipient in connection with the Merger.
For the avoidance of doubt, if any portion of the Total Transaction Bonus Amount is forfeited by any Transaction Bonus Recipient prior to Closing, such forfeited portion shall not be deemed a Non-Ordinary Course Liability and shall not reduce the Purchase Price.
The Expense Fund Amount as contemplated herein shall reflect a proportionate contribution from each Non-Dissenting Stockholder, each holder of a Company Option (other than an Underwater Option) and each Transaction Bonus Recipient in an amount equal to such Person’s Specified Pro Rata Share of such amount.
The receipt by any Transaction Bonus Recipient of any Transaction Bonus shall not alter the “at-will” nature of such Transaction Bonus Recipient’s employment with the Buyer and its Affiliates (including the Company following the Closing).
The portion of the Escrow Amount to be withheld from each Shareholder, Optionholder or Transaction Bonus Recipient shall be based upon the Shareholder, Optionholder or Transaction Bonus Recipient’s applicable Escrow Percentage.

More Definitions of Transaction Bonus Recipient

Transaction Bonus Recipient means each recipient of a Transaction Bonus.

Transaction Bonus Recipient means each Person entitled to receive a Transaction Bonus. LEGAL_US_E # 161486834.17

Transaction Bonus Recipient means each Person entitled to receive a Transaction Bonus. LEGAL_US_E # 161486834.17 -10-

Transaction Bonus Recipient means each of the employee, consultants and other service providers of the Company Group set forth on Exhibit B.

Transaction Bonus Recipient means each Person listed in the Unallocated Class TV Stock Options Spreadsheet.

Transaction Bonus Recipient means each of the Employees set forth in Section 15(a) of the Disclosure Schedule as receiving a Transaction Bonus;

Transaction Bonus Recipient means each Person entitled to receive a Transaction Bonus.