Common use of Compensation and Bonuses Clause in Contracts

Compensation and Bonuses. Made any payments of any bonuses or compensation other than regular salary payments, or increase in the salaries, or payment on any of its debts in the Ordinary Course of Business, to any of its shareholders, directors, officers, employees, independent contractors or consultants or entered into any employment, severance, or similar contract with any director, officer, or employee, independent contractor or consultant; adopted, or increased the payments to or benefits under, any profit sharing, bonus, deferred compensation, savings, insurance, pension, retirement, or other employee benefit plan for or with any of its employees;

Compensation and Bonuses. Made Other than in the Ordinary Course of Business, made any payments of any bonuses or increased compensation other than regular salary payments, payments or increase in the salaries, or payment regular payments on any of its debts in the Ordinary Course of Businessdebts, to any of its shareholders, directors, officers, employees, independent contractors contractors, or consultants or entered entry into by it of any employment, severance, or similar contract with any director, officer, or employee, independent contractor contractor, or consultant; or adopted, or materially increased in the payments to or benefits under, any profit sharing, bonus, deferred compensation, savings, insurance, pension, retirement, or other employee benefit plan for or with any of its employees;