Stay Bonuses. Associated and the Company shall cooperate in good faith to establish and agree upon payment of appropriate stay bonuses for key personnel of the Company or the Company Subsidiaries (other than those Company executive officers covered by employment agreements) where the Company and Associated believe the continued employment of the person or persons in question through the Effective Time is necessary to maintain the effectiveness of the Company’s and the Company Subsidiaries’ continuing operations and/or to the integration of the businesses of the Company and Associated.
Stay Bonuses. If Employee remains an employee of Company on March 31, 2007, Company shall pay Employee a stay bonus of $75,000. If employee remains an Employee of Company on May 31, 2008, Company shall pay Employee a stay bonus of $125,000 (together with the bonus described in the preceding sentence, the “Stay Bonuses”). The Stay Bonuses shall be paid, less applicable withholdings, on the date such Stay Bonuses are earned.
Stay Bonuses. The Parent and the Company agree that from and after the date hereof, the Company and Parent shall allocate cash and options with an aggregate value of approximately $3,500,000 in "stay bonuses" (of which at least $2,000,000 will be payable in cash) to be paid to key employees of the Company identified by the Company upon consultation with Parent. Such stay bonuses shall be in such amounts and payable on such dates, beginning three months after the Effective Time, as determined by the Company upon consultation with Parent to such key employees who remain employees in good standing with the Company.
Stay Bonuses. Purchaser acknowledges and agrees that payment of all of the Stay Bonuses shall be made by Purchaser in accordance with the terms of the bonus agreements.
Stay Bonuses. Holdco shall be responsible for and shall pay any and all retention, change in control, stay-pay or similar obligations which result from this Agreement or the consummation of the transactions contemplated herein as described and in the amounts set forth on Part I of Exhibit 6.13. ConAgra shall be responsible for and shall pay to the Company Employees any and all retention, change in control, stay-pay or similar obligations which result from this Agreement or the consummation of the transactions contemplated herein as described and in the amount set forth on Part II of Exhibit 6.13. ConAgra represents and warrants that, except as disclosed in Parts I and II of Exhibit 6.13, no amounts will be payable to any Company Employee as a result of the transactions contemplated by the Transaction Documents.
Stay Bonuses. In the event that the Closing has occurred prior to June 1, 2001, Parent shall pay within ninety (90) days after the Closing bonuses to the employees of the Company and WW in the amounts set forth on Schedule 5.18, provided that such bonuses shall be paid to only those employees who remain employees of the Company or WW, as applicable, on the date of such bonus payments; provided, further, that Parent shall notify Stockholder at least six (6) business days prior to the date of such bonus payments and Stockholder shall pay to Parent in cash any aggregate amount of such bonuses in excess of $4,000,000, such payment being due to Parent no fewer than three (3) business days prior to the date of such bonus payments. In the event that the Closing has not occurred prior to the June 1, 2001 (the "Bonus Payment Date"), Stockholder shall pay on the Bonus Payment Date bonuses to the employees of the Company and WW in the amounts set forth on Schedule 5.18, provided that such bonuses shall be paid to only those employees who remain employees of the Company or WW, as applicable, on the Bonus Payment Date; provided, further, that Stockholder shall notify Parent at least six (6) business days prior to the Bonus Payment Date and Parent shall pay Stockholder all of such bonuses if the bonuses aggregate to less than $4,000,000, but only a portion of such bonuses up to a maximum of $4,000,000 if the bonuses aggregate to more than $4,000,000, such payment being due to Stockholder no later than May 31, 2001; provided, that Parent shall not be obligated in any manner under this Section 5.18 if this Agreement is terminated by Parent pursuant to Section 8.1(d) or 8.1(f) hereof.
Stay Bonuses. Those certain bonuses and similar payments in an aggregate amount not to exceed $1.865 million payable to those persons listed in Schedule A hereto.
Stay Bonuses. Section 4.27 of the Seller Disclosure Schedule sets forth a complete list of the Business Employees who are eligible to receive a retention bonus, and the amount thereof, in accordance with the terms of the Stay Bonus Agreement, the form of which is attached hereto as Annex VIII (the “Stay Bonus Agreement” and such bonuses, the “Stay Bonuses”).
Stay Bonuses. The approximate Five Million Dollars ($5,000,000.00) in "stay bonuses" and any change in control retention bonuses or similar payments under The American Casino Entertainment Properties Key Employee Plan and the employment agreements for certain key management employees, including Richard P. Brown and Denise Barton, set forth in SECTION 4.11(h) XX XXX XXXXXXXXXE SCHXXXXX, xxxxx be an obligation of Seller, whenever paid.
Stay Bonuses. The Company covenants and agrees that any stay bonuses, retention bonuses or similar bonuses relating to the transactions contemplated by this Agreement (excluding, for the avoidance of doubt, Severance Payments under the Severance Plan) that the Company agrees or commits (whether orally or in writing) to pay to any employees of the Company will be either paid by the Company or terminated and forfeited in writing by the employee recipient, in either case, on or prior to the Closing Date.
