{"component": "clause", "props": {"groups": [{"samples": [{"hash": "77mJDuu2hEN", "uri": "/contracts/77mJDuu2hEN#bonus-pool", "label": "Bonus Pool Award Agreement (Apogee Enterprises, Inc.)", "score": 24.3347015381, "published": true}, {"hash": "8Z49KBKHCpQ", "uri": "/contracts/8Z49KBKHCpQ#bonus-pool", "label": "Bonus Pool Award Agreement (Apogee Enterprises, Inc.)", "score": 21.3394927979, "published": true}, {"hash": "aMC8VIikb2O", "uri": "/contracts/aMC8VIikb2O#bonus-pool", "label": "Bonus Pool Award Agreement (Apogee Enterprises, Inc.)", "score": 20.3429164886, "published": true}], "size": 9, "snippet_links": [{"key": "days-after", "type": "definition", "offset": [18, 28]}, {"key": "beginning-of", "type": "clause", "offset": [33, 45]}, {"key": "fiscal-year", "type": "definition", "offset": [51, 62]}, {"key": "the-committee-will", "type": "clause", "offset": [64, 82]}, {"key": "equal-to", "type": "definition", "offset": [125, 133]}, {"key": "a-percentage", "type": "definition", "offset": [134, 146]}, {"key": "performance-factors", "type": "clause", "offset": [197, 216]}, {"key": "the-performance", "type": "clause", "offset": [294, 309]}, {"key": "applicable-percentage", "type": "definition", "offset": [326, 347]}, {"key": "the-bonus", "type": "definition", "offset": [369, 378]}, {"key": "performance-period", "type": "clause", "offset": [417, 435]}, {"key": "appendix-i", "type": "clause", "offset": [455, 465]}, {"key": "percentage-share", "type": "clause", "offset": [482, 498]}, {"key": "pool-award", "type": "definition", "offset": [551, 561]}, {"key": "the-participant", "type": "clause", "offset": [565, 580]}], "snippet": "Not later than 90 days after the beginning of each fiscal year, the Committee will establish a bonus pool (the \u201cBonus Pool\u201d) equal to a percentage of one or more pre-established, objective Company performance factors (e.g., EBITDA, ROIC or sales) selected by the Committee for the fiscal year. The performance factors and the applicable percentage thereof that make up the Bonus Pool for the [year] fiscal year (the \u201cPerformance Period\u201d) are set forth in Appendix I, along with the percentage share in the Bonus Pool to be reserved as an Annual Bonus Pool Award to the Participant for the Performance Period.", "hash": "35a826c964a8c4e3a4342ae7ef707737", "id": 1}, {"samples": [{"hash": "gsuc6LzfuCy", "uri": "/contracts/gsuc6LzfuCy#bonus-pool", "label": "Stock Purchase Agreement (3-D Geophysical Inc)", "score": 18.0, "published": true}, {"hash": "fRm07zaC60Y", "uri": "/contracts/fRm07zaC60Y#bonus-pool", "label": "Stock Purchase Agreement (3-D Geophysical Inc)", "score": 18.0, "published": true}, {"hash": "k2jBSNFuKCE", "uri": "/contracts/k2jBSNFuKCE#bonus-pool", "label": "Executive Employment Agreement (3-D Geophysical Inc)", "score": 16.0, "published": true}], "size": 5, "snippet_links": [{"key": "bonus-plan", "type": "clause", "offset": [24, 34]}, {"key": "to-provide", "type": "definition", "offset": [66, 76]}, {"key": "employees-of", "type": "clause", "offset": [100, 112]}, {"key": "the-company", "type": "definition", "offset": [149, 160]}, {"key": "the-employee-shall", "type": "clause", "offset": [162, 180]}, {"key": "participate-in", "type": "definition", "offset": [196, 210]}, {"key": "compensation-committee-of-the-board-of-directors", "type": "clause", "offset": [263, 311]}, {"key": "in-its-discretion", "type": "clause", "offset": [320, 337]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [339, 364]}, {"key": "to-pay", "type": "clause", "offset": [383, 389]}], "snippet": "3-D intends to create a bonus plan based upon the earnings of 3-D to provide incentives for certain employees of 3-D and its subsidiaries, including the Company. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation Committee of the Board of Directors of 3-D, in its discretion. Nothing in this Agreement shall require 3-D to pay any such bonus.", "hash": "aef52b4bbda3acd50eb9174d164f14fe", "id": 5}, {"samples": [{"hash": "FR7nyv4l8I", "uri": "/contracts/FR7nyv4l8I#bonus-pool", "label": "Employment Agreement (Medical Staffing Network Holdings Inc)", "score": 18.0, "published": true}, {"hash": "9NzCn1h4QQm", "uri": "/contracts/9NzCn1h4QQm#bonus-pool", "label": "Employment Agreement (Medical Staffing Network Holdings Inc)", "score": 18.0, "published": true}, {"hash": "3oNVGfELsiu", "uri": "/contracts/3oNVGfELsiu#bonus-pool", "label": "Employment Agreement (Medical Staffing Network Holdings Inc)", "score": 18.0, "published": true}], "size": 8, "snippet_links": [{"key": "during-the-employment-term", "type": "clause", "offset": [0, 26]}, {"key": "the-executive", "type": "clause", "offset": [28, 41]}, {"key": "participate-in", "type": "definition", "offset": [63, 77]}, {"key": "the-company", "type": "definition", "offset": [78, 89]}, {"key": "incentive-pool", "type": "clause", "offset": [98, 112]}, {"key": "board-shall", "type": "definition", "offset": [135, 146]}, {"key": "from-time-to-time", "type": "clause", "offset": [155, 172]}], "snippet": "During the Employment Term, the Executive shall be entitled to participate in the Company's bonus incentive pool, on such terms as the Board shall approve from time to time.", "hash": "f3a97711f6c03283fd35a31a9c9330eb", "id": 2}, {"samples": [{"hash": "7jDidu4gIOr", "uri": "/contracts/7jDidu4gIOr#bonus-pool", "label": "Employment Agreement (3-D Geophysical Inc)", "score": 16.0, "published": true}], "size": 6, "snippet_links": [{"key": "bonus-plan", "type": "clause", "offset": [32, 42]}, {"key": "company-to-provide", "type": "clause", "offset": [74, 92]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [129, 161]}, {"key": "the-employee-shall", "type": "clause", "offset": [163, 181]}, {"key": "participate-in", "type": "definition", "offset": [197, 211]}, {"key": "the-compensation-committee", "type": "definition", "offset": [260, 286]}, {"key": "in-its-discretion", "type": "clause", "offset": [288, 305]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [307, 332]}, {"key": "require-the", "type": "clause", "offset": [339, 350]}, {"key": "to-pay", "type": "clause", "offset": [359, 365]}], "snippet": "The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation Committee, in its discretion. Nothing in this Agreement shall require the Company to pay any such bonus.", "hash": "2699eb56b9c736544df465c7a1260eef", "id": 4}, {"samples": [{"hash": "5CHaR8cVBTn", "uri": "/contracts/5CHaR8cVBTn#bonus-pool", "label": "Employment Agreement (Odyssey Re Holdings Corp)", "score": 21.0, "published": true}, {"hash": "3VaSS5wgakK", "uri": "/contracts/3VaSS5wgakK#bonus-pool", "label": "Employment Agreement (Odyssey Re Holdings Corp)", "score": 21.0, "published": true}], "size": 2, "snippet_links": [{"key": "participate-in", "type": "definition", "offset": [16, 30]}, {"key": "the-bonus", "type": "definition", "offset": [31, 40]}, {"key": "with-respect-to", "type": "clause", "offset": [73, 88]}, {"key": "each-accident", "type": "definition", "offset": [89, 102]}, {"key": "underwriting-year", "type": "definition", "offset": [103, 120]}, {"key": "by-the-board", "type": "clause", "offset": [201, 213]}, {"key": "board-shall", "type": "definition", "offset": [223, 234]}, {"key": "performance-criteria", "type": "clause", "offset": [245, 265]}, {"key": "during-executive", "type": "definition", "offset": [316, 332]}, {"key": "this-agreement", "type": "clause", "offset": [352, 366]}, {"key": "to-receive", "type": "definition", "offset": [396, 406]}, {"key": "target-bonus", "type": "clause", "offset": [409, 421]}, {"key": "base-salary", "type": "definition", "offset": [433, 444]}, {"key": "it-is-agreed-that", "type": "clause", "offset": [455, 472]}, {"key": "bonus-awards", "type": "clause", "offset": [480, 492]}, {"key": "the-target", "type": "clause", "offset": [527, 537]}, {"key": "as-executive", "type": "clause", "offset": [545, 557]}, {"key": "performance-warrant", "type": "definition", "offset": [586, 605]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [637, 660]}, {"key": "by-employer", "type": "clause", "offset": [692, 703]}, {"key": "the-compensation-committee", "type": "definition", "offset": [732, 758]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [760, 789]}, {"key": "to-the-extent", "type": "clause", "offset": [791, 804]}, {"key": "covered-employee", "type": "definition", "offset": [821, 837]}, {"key": "meaning-of", "type": "clause", "offset": [850, 860]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [883, 912]}, {"key": "as-amended", "type": "definition", "offset": [914, 924]}, {"key": "annual-bonus", "type": "clause", "offset": [943, 955]}, {"key": "to-insure", "type": "clause", "offset": [1013, 1022]}, {"key": "treatment-of", "type": "definition", "offset": [1027, 1039]}, {"key": "based-compensation", "type": "clause", "offset": [1067, 1085]}, {"key": "the-code", "type": "clause", "offset": [1127, 1135]}, {"key": "without-limitation", "type": "clause", "offset": [1148, 1166]}, {"key": "performance-goals", "type": "clause", "offset": [1191, 1208]}, {"key": "march-15", "type": "clause", "offset": [1394, 1402]}, {"key": "the-year", "type": "definition", "offset": [1406, 1414]}, {"key": "following-the", "type": "definition", "offset": [1415, 1428]}, {"key": "in-no-event", "type": "clause", "offset": [1469, 1480]}, {"key": "april-15", "type": "definition", "offset": [1492, 1500]}], "snippet": "Executive shall participate in the bonus pool (the \u201cBonus Pool\u201d) created with respect to each accident underwriting year, consisting of that portion of the underwriting profit for such year designated by the Board, and the Board shall establish performance criteria upon which Executive\u2019s bonus shall be determined. During Executive\u2019s employment under this Agreement, Executive shall be eligible to receive a target bonus of 100% of Base Salary, although it is agreed that actual bonus awards may exceed, match or be less than the target bonus, as Executive\u2019s performance or Employer\u2019s performance warrant. The form of payment and other terms and conditions of such bonus shall be determined by Employer, upon advice and consent of the Compensation Committee. Notwithstanding the foregoing, to the extent Executive is a \u201ccovered employee\u201d within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the \u201cCode\u201d), the annual bonus may be implemented and administered in a manner intended to insure the treatment of such bonus as \u201cperformance-based compensation\u201d within the meaning of Section 162(m) of the Code (including, without limitation, by having the relevant performance goals established by the Compensation Committee and having the Compensation Committee certify the achievement of such goals before the annual bonus is paid). Bonuses will be paid on or about March 15 of the year following the related accident underwriting year (and in no event later than April 15 of the year following the related accident underwriting year).", "hash": "094acd170b58541d364e9d959e2d420c", "id": 10}, {"samples": [{"hash": "eDf9V1rNmRA", "uri": "/contracts/eDf9V1rNmRA#bonus-pool", "label": "Employment Agreement (Norton McNaughton Inc)", "score": 18.0, "published": true}, {"hash": "7cYFXT7Vcol", "uri": "/contracts/7cYFXT7Vcol#bonus-pool", "label": "Employment Agreement (Norton McNaughton Inc)", "score": 18.0, "published": true}, {"hash": "16L7Xm41ufB", "uri": "/contracts/16L7Xm41ufB#bonus-pool", "label": "Employment Agreement (Norton McNaughton Inc)", "score": 18.0, "published": true}], "size": 7, "snippet_links": [{"key": "fiscal-years", "type": "clause", "offset": [20, 32]}, {"key": "provided-that", "type": "clause", "offset": [49, 62]}, {"key": "ebitda-target", "type": "clause", "offset": [67, 80]}, {"key": "the-company-shall", "type": "clause", "offset": [153, 170]}, {"key": "equal-to", "type": "definition", "offset": [207, 215]}, {"key": "a-percentage", "type": "definition", "offset": [216, 228]}, {"key": "by-the-board", "type": "clause", "offset": [299, 311]}, {"key": "in-consultation-with", "type": "definition", "offset": [312, 332]}, {"key": "employed-by-the-company", "type": "definition", "offset": [392, 415]}, {"key": "the-bonus", "type": "definition", "offset": [460, 469]}, {"key": "when-deducted", "type": "clause", "offset": [531, 544]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [653, 682]}, {"key": "subsequent-fiscal-year", "type": "definition", "offset": [845, 867]}, {"key": "to-be-determined", "type": "definition", "offset": [980, 996]}, {"key": "combined-ebitda", "type": "definition", "offset": [1117, 1132]}, {"key": "ebitda-shall", "type": "definition", "offset": [1193, 1205]}, {"key": "for-purposes-hereof", "type": "definition", "offset": [1206, 1225]}, {"key": "dated-as-of", "type": "definition", "offset": [1632, 1643]}, {"key": "the-other-parties", "type": "clause", "offset": [1710, 1727]}, {"key": "the-participants", "type": "clause", "offset": [1770, 1786]}, {"key": "bonus-plan", "type": "clause", "offset": [1900, 1910]}, {"key": "bonus-options", "type": "definition", "offset": [1950, 1963]}, {"key": "in-the-event-of", "type": "clause", "offset": [2073, 2088]}, {"key": "change-in", "type": "clause", "offset": [2093, 2102]}, {"key": "fiscal-year-of-the-company", "type": "clause", "offset": [2107, 2133]}, {"key": "in-order-to", "type": "clause", "offset": [2194, 2205]}], "snippet": "4.1 For each of the fiscal years of the Company, provided that the EBITDA Target (as hereinafter defined) for such fiscal year shall have been attained, the Company shall establish a bonus pool in an amount equal to a percentage of EBITDA (as hereinafter defined) for such fiscal year as determined by the Board in consultation with Stua\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Howa\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 so long as they are employed by the Company (the \"Bonus Pool\"); provided, however, that the Bonus Pool for any fiscal year shall not exceed that amount which, when deducted from EBITDA, would result in EBITDA for such fiscal year net of the Bonus Pool of less than $5,500,000.\n4.2 Notwithstanding the foregoing, in the event that the EBITDA Target is not achieved in any fiscal year, 18 but EBITDA (calculated as otherwise provided herein) for such fiscal year and for the subsequent fiscal year equals or exceeds $11,000,000, then the Company shall establish a bonus pool in an amount equal to a percentage to be determined by the Board in consultation with Stua\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Howa\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 so long as they are employed by the Company of combined EBITDA for such two fiscal years, which percentage of the combined EBITDA shall for purposes hereof constitute the Bonus Pool for such two fiscal years; provided, however, that the Bonus Pool for such two fiscal years shall not exceed that amount which, when deducted from the combined EBITDA, would result in the combined EBITDA for such two fiscal years net of the Bonus Pool of less than $11,000,000.\n4.3 As used herein: (i) EBITDA shall have the meaning set forth in the Agreement of Purchase and Sale dated as of September 3, 1997 (the \"Agreement\"), by and among the Company and the other parties thereto (which parties include certain of the Participants) for the appropriate fiscal year, without reduction for the Bonus Pool for such fiscal year contemplated by this Bonus Plan or for any expense attributable to the Bonus Options; and (ii) EBITDA Target shall mean, for each fiscal year, achievement of EBITDA of not less than $5,500,000. In the event of any change in the fiscal year of the Company, appropriate adjustments shall be made to the EBITDA Target in order to carry out the intent and principles of the Bonus Plan.", "hash": "00f1795bb406f97e563a558ab136a45d", "id": 3}, {"samples": [{"hash": "5aPmkEwinOh", "uri": "/contracts/5aPmkEwinOh#bonus-pool", "label": "Employment Agreement (Intralinks Inc)", "score": 16.0, "published": true}, {"hash": "4jO211stRsd", "uri": "/contracts/4jO211stRsd#bonus-pool", "label": "Employment Agreement (Intralinks Inc)", "score": 16.0, "published": true}, {"hash": "2IdQm3AoLHG", "uri": "/contracts/2IdQm3AoLHG#bonus-pool", "label": "Employment Agreement (Intralinks Inc)", "score": 16.0, "published": true}], "size": 3, "snippet_links": [{"key": "annual-bonus-pool", "type": "definition", "offset": [16, 33]}, {"key": "annual-revenues", "type": "definition", "offset": [82, 97]}, {"key": "annual-growth", "type": "definition", "offset": [106, 119]}, {"key": "earnings-before-interest-and-taxes", "type": "clause", "offset": [129, 163]}, {"key": "in-principle", "type": "definition", "offset": [166, 178]}, {"key": "the-bonus", "type": "definition", "offset": [192, 201]}, {"key": "based-on", "type": "clause", "offset": [226, 234]}], "snippet": "The size of the annual Bonus Pool will be based upon the achievement of growth in annual revenues and the annual growth in EBIT (Earnings Before Interest and Taxes). In principle, the size of the Bonus Pool will be calculated based on the formula:", "hash": "09196f00e8e267ab404effc85a71ac15", "id": 9}, {"samples": [{"hash": "hDRfJHeEWSL", "uri": "/contracts/hDRfJHeEWSL#bonus-pool", "label": "Executive Employment Agreement (Gender Sciences Inc)", "score": 18.0, "published": true}, {"hash": "XsduazUr8D", "uri": "/contracts/XsduazUr8D#bonus-pool", "label": "Executive Employment Agreement (Gender Sciences Inc)", "score": 18.0, "published": true}, {"hash": "7MQfYRvAN90", "uri": "/contracts/7MQfYRvAN90#bonus-pool", "label": "Executive Employment Agreement (Gender Sciences Inc)", "score": 18.0, "published": true}], "size": 3, "snippet_links": [{"key": "aggregate-bonus-pool", "type": "definition", "offset": [4, 24]}, {"key": "fiscal-year", "type": "definition", "offset": [31, 42]}, {"key": "consolidated-operating-income", "type": "definition", "offset": [67, 96]}, {"key": "actual-amount", "type": "definition", "offset": [127, 140]}, {"key": "the-committee", "type": "clause", "offset": [164, 177]}, {"key": "sole-discretion", "type": "clause", "offset": [185, 200]}, {"key": "the-company", "type": "definition", "offset": [330, 341]}, {"key": "calculation-of", "type": "definition", "offset": [399, 413]}, {"key": "in-accordance-with", "type": "definition", "offset": [453, 471]}, {"key": "generally-accepted-accounting-principles", "type": "definition", "offset": [472, 512]}], "snippet": "The aggregate bonus pool for a fiscal year shall not exceed 10% of Consolidated Operating Income for such fiscal year, and the actual amount shall be determined by the Committee in its sole discretion. If the number does exceed 10% of operating income, the difference shall be paid in stock. \"Consolidated Operating Income\" means the Company's consolidated operating income for the fiscal year. The calculation of Consolidated Operating Income shall be in accordance with generally accepted accounting principles (including FAS 14), adjusted to exclude the following:", "hash": "8c953b21f09ac056427c59c42f6f3d2c", "id": 8}, {"samples": [{"hash": "j796l8jkwmh", "uri": "/contracts/j796l8jkwmh#bonus-pool", "label": "Employment Agreement (Odyssey Re Holdings Corp)", "score": 21.0, "published": true}, {"hash": "hI26wSTpe7U", "uri": "/contracts/hI26wSTpe7U#bonus-pool", "label": "Employment Agreement (Odyssey Re Holdings Corp)", "score": 21.0, "published": true}, {"hash": "g9rWnb3vAFE", "uri": "/contracts/g9rWnb3vAFE#bonus-pool", "label": "Employment Agreement (Odyssey Re Holdings Corp)", "score": 21.0, "published": true}], "size": 4, "snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [28, 41]}, {"key": "the-percentage", "type": "definition", "offset": [45, 59]}, {"key": "directors-of-employer", "type": "clause", "offset": [87, 108]}, {"key": "the-bonus", "type": "definition", "offset": [112, 121]}, {"key": "with-respect-to", "type": "clause", "offset": [154, 169]}, {"key": "each-accident", "type": "definition", "offset": [170, 183]}, {"key": "underwriting-year", "type": "definition", "offset": [184, 201]}], "snippet": "Executive shall participate to the extent of the percentage determined by the Board of Directors of Employer in the bonus pool (the \u201cBonus Pool\u201d) created with respect to each accident underwriting year, consisting of that portion of the underwriting profit for such year designated by the Board of Directors of Employer.", "hash": "eae38e682444ba2f0e8d344df327d281", "id": 6}, {"samples": [{"hash": "lUk68rWOEr8", "uri": "/contracts/lUk68rWOEr8#bonus-pool", "label": "Merger Agreement (Intercontinentalexchange Inc)", "score": 21.0, "published": true}, {"hash": "5YVDizFlvb7", "uri": "/contracts/5YVDizFlvb7#bonus-pool", "label": "Merger Agreement (Intercontinentalexchange Inc)", "score": 21.0, "published": true}], "size": 4, 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[1290, 1300]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1301, 1320]}, {"key": "notice-of-the", "type": "clause", "offset": [1330, 1343]}, {"key": "divided-by", "type": "clause", "offset": [1388, 1398]}, {"key": "membership-interests", "type": "definition", "offset": [1413, 1433]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [1439, 1461]}, {"key": "additional-consideration", "type": "definition", "offset": [1481, 1505]}, {"key": "payable-to", "type": "definition", "offset": [1560, 1570]}, {"key": "merger-consideration", "type": "definition", "offset": [1704, 1724]}, {"key": "section-43", "type": "clause", "offset": [1737, 1748]}, {"key": "additional-cash-consideration", "type": "definition", "offset": [1853, 1882]}, {"key": "cash-portion", "type": "definition", "offset": [1894, 1906]}, {"key": "additional-stock-consideration", "type": "definition", "offset": [1972, 2002]}, {"key": "common-stock-portion", "type": "definition", "offset": [2018, 2038]}], "snippet": "(a) Prior to the Mailing Date, NYBOT shall deliver to ICE and the Exchange Agent, in writing, a schedule (the \u201cAllocation Schedule\u201d) setting forth an allocation of up to an aggregate amount in cash and up to an aggregate number of shares of ICE Common Stock, in each case as set forth on Annex 4.6, to certain directors and employees of NYBOT and its Subsidiaries (in the aggregate, the \u201cBonus Pool\u201d). With respect to the Bonus Pool, the Allocation Schedule shall identify the full name and such other identifying information as ICE may reasonably request with respect to each of the directors and employees of NYBOT and its Subsidiaries that NYBOT desires to receive a portion of the Bonus Pool, together with details of the amount of cash (in the aggregate, the \u201cAwarded Cash Consideration\u201d) and number of shares of ICE Common Stock (in the aggregate, the \u201cAwarded Share Number\u201d) in the Bonus Pool to be provided to each such director and employee. If any of the Bonus Pool has not been allocated to such directors and employees of NYBOT, the amount of (i) any unallocated cash plus (ii) any unallocated shares of ICE Common Stock shall be allocated to the Members (the \u201cMembers\u2019 Allocation\u201d).\n(b) ICE shall cause the Exchange Agent to include in the transmittal materials to be provided to Members pursuant to Section 4.4(b) a notice of the amount of the aggregate Members\u2019 Allocation divided by the number of Membership Interests then issued and outstanding (the \u201cPer Interest Additional Consideration\u201d). The Per Interest Additional Consideration shall be payable to the Members in the relative proportions of cash and shares of ICE Common Stock in which such Member is entitled to receive the other Merger Consideration pursuant to Section 4.3, taking into account the Exchange Agent\u2019s pro ration process pursuant to Section 4.3. The \u201cPer Interest Additional Cash Consideration\u201d means the cash portion of such Per Interest Additional Consideration. The \u201cPer Interest Additional Stock Consideration\u201d means the ICE Common Stock portion of such Per Interest Additional Consideration.", "hash": "60c752e9967a2b1c8ef7f6f7e2aea264", "id": 7}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhNib251cy1wb29sIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["bonus-pool-amount", "Bonus Pool Amount"], ["vesting-and-timing-of-payment", "Vesting and Timing of Payment"], ["accelerated-vesting-and-payment", "Accelerated Vesting and Payment"], ["award", "Award"], ["", ""]], "title": "Bonus Pool", "size": 143, "parents": [["compensation", "Compensation"], ["employment-and-duties-compensation", "Employment and Duties Compensation"], ["salary-benefits-and-additional-compensation", "Salary, Benefits and Additional Compensation"], ["performance-based-award", "Performance-Based Award"], ["counterparts", "Counterparts"]], "id": "bonus-pool", "related": [["bonus-program", "Bonus Program", "Bonus Program"], ["incentive-bonus-plan", "Incentive Bonus Plan", "Incentive Bonus Plan"], ["bonus-payment", "Bonus Payment", "Bonus Payment"], ["bonus-amount", "Bonus Amount", "Bonus Amount"], ["performance-pay", "Performance Pay", "Performance Pay"]], "related_snippets": [], "updated": "2026-01-16T05:28:57+00:00", "also_ask": ["What mechanisms ensure fair and transparent allocation of the bonus pool?", "How can the bonus pool be structured to align incentives and avoid disputes?", "What are the most common legal pitfalls or ambiguities in bonus pool clauses?", "How do bonus pool provisions compare across jurisdictions or industry standards?", "What evidence is critical to enforce a bonus pool clause in court?"], "drafting_tip": "Specify eligibility criteria and allocation method to ensure fairness; define payment timing to avoid disputes.", "explanation": "A Bonus Pool clause establishes a fund or allocation of money set aside by a company to reward employees, executives, or other stakeholders based on performance or achievement of specific targets. Typically, the clause outlines the criteria for eligibility, the method for calculating individual bonuses, and the timing of distributions. By clearly defining how bonuses are awarded, this clause incentivizes desired behaviors and aligns the interests of recipients with the company's goals, while also providing transparency and fairness in the distribution of additional compensation."}, "json": true, "cursor": ""}}