Special Bonuses. When the prerequisites stated in the relevant provisions of the collective agreement (in section 11) are met, sector- specific special bonuses and further-qualification allowances shall be paid in addition to the time-based rates referred to in subsections A 1, A 3, A 6, A 7, and A 9, above. The existing subsection A 8 becomes subsection A 9.
Special Bonuses. The first sentence of Section 4.2 of the Memorandum is hereby amended to read in full as follows: In addition, you shall receive a special bonus in an amount equal to $166,667 on each of April 6, 2002, April 6, 2003, and April 6, 2004, but only if (i) you have remained continuously employed by the Company throughout the period beginning on the date of this Memorandum and ending on the date the special bonus payment is otherwise due, and (ii) either (A) you have not sold any Common Stock of the Company on or before the date the special bonus payment is otherwise due unless that stock was acquired pursuant to the exercise of an option that was scheduled to expire by its terms within one year of the date of exercise or (B) you have repaid the Relocation Loan in full prior to the date the special bonus is otherwise due.
Special Bonuses. In addition to the Base Salary and Bonuses described above, the Board, in its sole discretion, may from time to time determine to pay the Employee additional direct compensation in the nature of a special bonus award (a "Special Bonus"), if it determines that the Employee has provided services of special or exceptional value to the Company. The Employee shall also be eligible to receive from time to time, in the sole discretion of the Board or a committee of the Board, stock options and/or other awards with respect to the stock of the Company.
Special Bonuses. The Employee shall be eligible to receive a bonus (the “Bonus”) (and such additional Bonuses as is awarded by the Compensation Committee of the Board (the “Compensation Committee”). The Bonus shall be paid by the Company to the Employee promptly after determination that any of the targets related Employee’s performance having been met. In the event that the Compensation Committee is unable to act or if there shall be no such Compensation Committee, then all references herein to the Compensation Committee (except in the proviso to this sentence) shall be deemed to be references to the Board of Directors. The “Bonuses” shall survive expiration or termination of this Agreement for a period of twelve (12) months, provided that the transaction occurs with a party with which Employee had material substantive discussions and a letter of intent and substantive due diligence activities commenced prior to termination of the Term. The Company shall pay the following Special Bonus amounts to Employee:
Special Bonuses. In addition to the bonuses to which the Executive is entitled pursuant to Section 3(b) of this Agreement, for each potential acquisition target or a potential joint venture identified by the Executive that eventually is successfully acquired or consummated by the Company or its affiliate with the assistance of the Executive as reasonably required by the Company and as is compatible with the Executive's duties hereunder, the Company shall pay to the Executive immediately upon consummation of the transaction cash compensation of one percent (1%) of (i) the total purchase price (including deferred portions of the purchase price) in the case of an acquisition or (ii) the total investment by the Company or its affiliate in the joint venture in the case of a joint venture. In addition, if in 1997 the Executive identifies an acquisition or joint venture candidate that provides consulting services similar to that of MST, and the Company acquires such candidate, such candidate's 1997 pre-tax revenues shall be added to MST's 1997 pre-tax revenues for purposes of calculating MST's 1997 pre-tax revenues for the purposes of Section 3(a) of this Agreement.
Special Bonuses. In addition, you shall receive a special bonus in an --------------- amount equal to $166,667 on each of April 6, 2002, April 6, 2003, and April 6, 2004, but only if (i) you have remained continuously employed by the Company throughout the period beginning on the date of this Memorandum and ending on the date the special bonus payment is otherwise due, and (ii) you have not sold any Common Stock of the Company on or before the date the special bonus payment is otherwise due unless that stock was acquired pursuant to the exercise of an option that was scheduled to expire by its terms within one year of the date of exercise. You acknowledge and agree that any special bonus paid pursuant to this paragraph will not be taken into account for purposes of determining benefits under Section 6.1 below, and will not be taken into account as "salary," "compensation," "bonus," or any similar term in determining the amount of any payment under any pension, retirement, or profit-sharing plan of the Company or any life insurance, disability, or other benefit plan of the Company, except as otherwise specifically provided in the applicable plan document (including a specific statement that the special bonus will be taken into account in determining the amount of any payment notwithstanding this Memorandum). All special bonus payments shall be subject to appropriate withholding payments deducted therefrom.
Special Bonuses. On the Closing Date, the Company may distribute bonuses to selected Post-Merger Employees in an aggregate amount not to exceed $2,750,000 (collectively, the “Special Bonuses”); provided, however, that the aggregate amount of Special Bonuses shall be reduced by the aggregate amount of bonuses set forth next to the names of the individuals set forth on Section 5.13 of the Company Disclosure Schedule.
Special Bonuses. In addition to the bonuses to which the Executive is entitled pursuant to Section 3(b) of this Agreement, for each potential acquisition target or a potential joint venture identified by the Executive that eventually is successfully acquired or consummated by the Company or its affiliate with the assistance of the Executive as reasonably required by the Company and as is compatible with the Executive's duties hereunder, the Company shall pay to the Executive immediately upon consummation of the transaction cash compensation of one percent (1%) of (i) the initial purchase price in the case of an acquisition (it being agreed that the Company shall also pay to the Executive cash compensation of one percent (1%) of any deferred or contingent consideration that is paid to such acquisition target at the same time that such deferred or contingent consideration is paid) or (ii) the total investment by the Company or its affiliate in the joint venture in the case of a joint venture. In addition, if in 1997 the Executive identifies an acquisition or joint venture candidate that provides consulting services similar to that of MST, and the Company acquires such candidate, such candidate's 1997 pre-tax income shall be added to MST's 1997 pre-tax income for purposes of calculating MST's audited 1997 pre-tax income for the purposes of Section 3(a) of this Agreement.
Special Bonuses. The Executive shall receive (A) a special bonus of $600,000 in cash on February 1, 2000, (B) a special bonus of $375,000 in cash on January 31, 2001 and a special bonus of $375,000 in cash on January 31, 2002. In general, for purposes of the foregoing, the Executive must be an employee of ATI on the applicable date in order to be entitled to receive the bonus payable on that date; provided, however, that Section 10 contains special provisions concerning the payment of these bonuses in the event that the Executive's employment is terminated by ATI without Cause (as defined in Section 9(b)).
Special Bonuses. (i) Promptly following the execution of this Agreement, Executive shall receive a signing bonus of $200,000. In addition, following Executive's repatriation to the United States, Executive shall receive a relocation bonus of $150,000, which amount shall be offset against any annual bonus paid to Executive for fiscal year 2000.
