Retention Bonuses. Provided Executive becomes and remains an active employee of Mercantile, Mercantile will pay Executive retention bonuses in accordance with the following schedule:
Retention Bonuses. The Executive shall receive $50,541.00 on each July 1st and December 31st of 2006, 2007 and 2008 if the Executive continues to be employed by the Company through the date such payments are due.
Retention Bonuses. As consideration for the Executive’s continued provision of services following the Merger as provided herein (and in light of the importance of such continued services to the Company and Parent, and the additional responsibilities, duties and time commitments that will arise as a result of the Merger, including, without limitation, additional duties related to the integration of Parent’s United States businesses) and as consideration for the Executive’s agreement to the restrictive covenant contained in Section 10(a) hereof, the Executive shall receive the following retention bonus opportunities:
Retention Bonuses. (a) On or prior to the Closing Date, Sellers shall pay to each Transferred Entity Employee listed on Schedule 6.4(a) of the Sellers Disclosure Letter the bonus amounts listed opposite such Transferred Entity Employee’s name (collectively, the “Initial Retention Bonuses”). The Retention Bonuses, once paid, will not be included in the calculation of Working Capital.
Retention Bonuses. Reduce stipends for teachers after their 4th and 8th years by one-half (50%).
Retention Bonuses. Any retention bonuses payable to any Veralto Employees that relate to the transactions contemplated by the Separation Agreement and become payable after the date on which the employment of the Veralto Employee transfers to Veralto shall be assumed by Veralto as of the date of such transfer and Veralto shall pay all amounts payable thereunder to the applicable Veralto Employees in accordance with the terms thereof.
Retention Bonuses. Any retention bonuses payable to any Vontier Employees that relate to the transactions contemplated by the Separation Agreement and become payable after the date on which the employment of the Vontier Employee transfers to Vontier shall be assumed by Vontier as of the date of such transfer and Vontier shall pay all amounts payable thereunder to the applicable Vontier Employees in accordance with the terms thereof.
Retention Bonuses. All Ccurrent ONA represented full‐time (.9 FTE and above) nurses and part time nurses (.6 FTE ‐ .89
Retention Bonuses. Sellers, on the one hand, and Buyer, on the second hand, acknowledge that certain Xxxxxxx Polymer Employees will or have been offered retention bonuses pursuant to the terms of agreements or plans of Sellers (the “Retention Bonus Arrangements”). Pursuant to the terms and conditions of the Retention Bonus Arrangements, certain eligible Xxxxxxx Polymer Employees may earn a bonus if they remain employed with Seller, a Subsidiary, Buyer or one of Buyer’s Affiliates, as the case may be, at Closing or after a certain period after Closing. Exhibit 12.03(l) attached hereto lists each individual Xxxxxxx Polymer Employee or Non-U.S. Employee covered by such Retention Bonus Arrangements, together with the amount potentially due, and the terms and conditions of payment relating to each such covered employee. Sellers on the one hand and Buyer on the second hand agree to each pay one-half of the aggregate cost of the bonuses earned under the Retention Bonus Arrangements. To the extent Sellers or Buyer pay greater than one-half of the amount of any earned bonus under the Retention Bonus Arrangements, the party paying less than one-half of such amount shall reimburse the other party for the portion of such amount exceeding one-half of such cost within twenty (20) days of such overpayment.
Retention Bonuses. Following the date of this Agreement, at the request of Parent, the Company shall use its commercially reasonable efforts to enter into arrangements with employees designated from time to time by Parent pursuant to which retention bonuses, in amounts and otherwise on terms specified by Parent, will be paid to the designated employees, in all cases subject to and following completion of the Merger.
