Bonus Amount and Conditions. The Company will pay to the Employee a bonus (the “Service-Based Retention Bonus”) in an amount equal to 75% of the Employee’s Target Bonus in effect as of the Effective Date, if the Employee remains continuously employed by the Company through the closing of a Strategic Transaction, or, if sooner, February 29, 2008.
Appears in 2 contracts
Samples: Retention and Strategic Transaction Bonus Agreement (Medquist Inc), Retention and Strategic Transaction Bonus Agreement (Medquist Inc)
Bonus Amount and Conditions. The Company will pay to the Employee a bonus (the “ServiceSuccess-Based Retention Bonus”) in an amount equal to 75% of the Employee’s Target Bonus in effect as of the Effective Date, if the Employee remains continuously employed by the Company through the closing of a Strategic Transaction, or, if sooner, February 29, 2008.if:
Appears in 2 contracts
Samples: Retention and Strategic Transaction Bonus Agreement (Medquist Inc), Retention and Strategic Transaction Bonus Agreement (Medquist Inc)
