Common use of Bonus Agreements Clause in Contracts

Bonus Agreements. Except for those agreements listed on Schedule 4.01(y), no Cytec Party nor any subsidiary of any Cytec Party has any agreement with any Acquired Employee that entitles such employee to any bonus or other incentive compensation in connection with the consummation of the Transactions or for which the consummation of the Transactions would accelerate the time of payment or increase the amount of compensation due to any Acquired Employee.

Bonus Agreements. Except for those agreements listed on Schedule 4.01(y), no Cytec Party nor any subsidiary of any Cytec Party has any agreement with any Acquired Employee that entitles such employee to any bonus or other incentive compensation in connection with the consummation of the Transactions or for which the consummation of the Transactions would accelerate the time of payment or increase the amount of compensation due to any Acquired Employee.the