Common use of Cash Incentives Clause in Contracts

Cash Incentives. At the Business Transfer Time, the participation by each SpinCo Employee in any cash annual bonus, commission, sign-on, retention, stay bonus, transaction bonus or similar plan or agreement of Cogint or a Cogint Group member shall end, and SpinCo shall assume all Liabilities with respect to such cash incentives provided to SpinCo Employees.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Cogint, Inc.), Employee Matters Agreement (Red Violet, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.