Transaction Compensation Sample Clauses

Transaction Compensation. As part of this settlement agreement and following negotiations between the parties, the employer undertakes to pay the employee a gross transaction compensation in the total amount of ... €, which is composed as follows:

Transaction Compensation. (a) The term "Applicable Period" shall mean the Contract Period.

Transaction Compensation. (a) If, during the term o this Agreement, a Sale Event (as hereafter defined) occurs, Executive shall be entitled to receive a one-time bonus calculated as provided in paragraph (b) below. For the purposes of this Agreement, a "Sale Event" means any sale or divestiture of MEDIQ/PRN, including (i) a sale of substantially all of its stock (including through merger, tender, exchange or otherwise) or assets, in either case in one or more related transactions, (ii) a Change in Control (as defined below) and (iii) any sale or distribution of the stock of MEDIQ/PRN which results in a Change in Control at the time of such sale or distribution or at any time within the immediately succeeding twelve (12) months. Executive's bonus shall be paid in cash within 30 days after the consummation of a Sale Event.

Transaction Compensation a) If, at any time within three years after the date of this Agreement, the Company reaches an agreement to enter into any Transaction (as defined below) with any person or any corporation, partnership or other entity identified to the Company by HR during the term of this Agreement (an "Introduced Party"), then the Company shall pay HR at the time of and from the proceeds of the initial closing of such Transaction Compensation equal to 10% of the first $2 million value of such Transaction, 8% of the next $2 million Aggregate Consideration of such Transaction, 6% of the next $2 million Aggregate Consideration of such Transaction,, and 4% of the remaining Aggregate Consideration of such Transaction. Transaction Compensation shall also be payable, according to the same formula, and under the same terms and conditions, in the event of any subsequent Transaction between the Company and the Introduced Party which is the result of an agreement between the Company and the Introduced Party which is executed within three years of the date of this Agreement.

Transaction Compensation. As compensation for services rendered in connection with the Transaction, the Company shall pay to Poseidon the sum of $200,000 upon closing of the Transaction and thereafter the sum of $400,000 payable in 20 equal monthly installments on the first day of each month commencing July 1, 2005, evidenced by a promissory note.

Transaction Compensation. In the course of its services to Client, Consultant may consult regarding various financial and/or strategic options for consideration by Client. Such options may include without limitation, acquisitions, asset sales or purchases, mergers, consolidations, joint ventures, or other business combinations, recapitalization, spin-offs, and equity and debt financing through public offerings, private placements, institutional borrowing, or otherwise, in each case involving Client and a third party or parties introduced by Consultant on the other hand ("Transactions"). The parties agree that the name of the third party or parties introduced by Consultant hereunder shall be listed by Written Notice from Consultant and shall be annexed to this Agreement. If Client has prior contact with the third party, Client shall give Written Notice to Consultant within One (1) business day setting forth that Client has prior contact with the named third party and Consultant shall then be entitled to only such reasonable fee as the Client and Consultant may agree in writing. Client agrees that Consultant may receive compensation from the third party in the event of any transaction with the Client; provided, such compensation shall be disclosed by Consultant to Client prior to the time of closing. If one or more Transactions are consummated during the period commencing on the date hereof and ending two (2) years from the date this Agreement is terminated, then for each such Transaction, Client shall pay to Consultant the compensation for Consultant's services for such Transaction(s) (herein referred to as "Transactional Compensation"), a fee equal to: i. Ten (10%) percent of the first One Million Dollars and No Cents ($1,000,000.00) of aggregate consideration; and, ii. Five Percent (5%) of the second One Million Dollars and No Cents ($1,000,000.00) of aggregate consideration; and, iii. Four Percent (4%) of the third One Million Dollars and No Cents ($1,000,000.00) of aggregate consideration; and, iv. Three Percent (3%) of the fourth One Million Dollars and No Cents ($1,000,000.00) of aggregate consideration; and, v. Two Percent (2%) of the fifth One Million Dollars and No Cents ($1,000,000.00) of aggregate consideration; and, vi. One Percent (1%) of all amounts in excess of Six Million Dollars and No Cents ($6,000,000.00) of aggregate consideration.