Common use of Transaction Bonus Clause in Contracts

Transaction Bonus. In the event of a Change of Control, then ----------------- subject to the requirements set forth in this Subsection 6(b), the Employee will receive a cash transaction bonus (the "Transaction Bonus") calculated and payable as follows:

Appears in 7 contracts

Samples: Employment Agreement (Sealy Corp), Employment Agreement (Sealy Corp), Employment Agreement (Sealy Corp)

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Transaction Bonus. In the event of a Change of Control, then ----------------- subject to the requirements set forth in this Subsection 6(b), the Employee will receive a cash transaction bonus (the "Transaction Bonus") calculated and payable as follows:-------------------------------------------------------------------------------- Page 9 --------------------------------------------------------------------------------

Appears in 5 contracts

Samples: Change of Control Agreement (Sealy Corp), Control Agreement (Sealy Corp), Change of Control Agreement (Sealy Corp)

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