Bonus Payment Amount definition

Bonus Payment Amount means the amount actually paid to the Executive pursuant to Section 13 of the Company's Incentive Bonus Plan or any comparable provision of any successor annual bonus plan.

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Bonus Payment Amount means a one-time cash payment of $200,000 which may be payable to Mr. and ▇▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇ pursuant to the Bonus Agreement, dated July 2019, between Mr. and ▇▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇ and the Company.

Bonus Payment Amount as used in Schedule A to the Purchase Agreement (and the term “Transaction Bonus Pool” determined by reference to the “Amount of Net Proceeds” under the section labeled “Total Amount of Transaction Bonus Pool” in each Employment Agreement dated as of May 10, 2005, between EFC LLC and each of the key employees of EFC LLC set forth on Schedule 1.1 of the EFC Disclosure Schedule to the Purchase Agreement) shall be determined as if the Third Closing had occurred and the Third Closing Consideration had been paid. Clause (ii) of the definition of the term “Bonus Payment Amount” in Section 1.1 of the Purchase Agreement is deleted in its entirety.

Examples of Bonus Payment Amount in a sentence

Such Salary Payment Amount and Bonus Payment Amount shall be paid, at the Company’s option, in a lump sum within sixty (60) days after the date of Executive’s Involuntary Termination or periodically over the Severance Period according to the Company’s standard payroll schedule, provided that such payments may not extend beyond two 187017745 v5 and one-half (2 ½) months following the end of the calendar year in which the date of Involuntary Termination occurs.
For this purpose, the Seller intends to instruct the Company prior to the Effective Date to pay on his behalf and on his account bonus payments to certain employees to be nominated by the Seller by withdrawing the Bonus Payment Amount from his Seller's Loan and Private Accounts.
Subject to Section 1 above, the Strategic Transaction Bonus Payment Amount shall be paid by the Corporation to the Employee upon the closing of the first Strategic Transaction to be completed following the date of this Agreement.
In the case of any such reduction, the Corporation shall reduce the Strategic Transaction Bonus Payment Amount by first reducing payments that are not payable in cash (if any), and then by reducing cash payments.
Payment of the Strategic Transaction Bonus Payment Amount shall not reduce or eliminate any other bonus or other payments to the Employee specified in Employee’s Executive Employment Agreement.
The “Reduced Amount” shall be an amount which maximizes the aggregate value of the Strategic Transaction Bonus Payment Amount without causing such payment to be subject to the Excise Tax, determined in accordance with Sections 280G and/or 4999 of the Internal Revenue Code.
At the Closing, (i) Buyer shall deposit with or as directed by the Company from the Closing Consideration Amount the amount described in Schedule 7.14 (the “Bonus Payment Amount”), and (ii) the Company will then cause its payroll provider to pay from the Bonus Payment Amount the Sale Bonuses, less applicable taxes and withholdings, in the amounts and to the persons identified in Schedule 7.14.
To the extent that amounts are so deducted or withheld, they shall be treated for all purposes of this Section 2.12 as having been paid and distributed to such recipient of the Former Employee Bonus Payment Amount or such Person, as applicable.
The payment (or deemed payment) of the Bonus Payment Amount is based on Developer’s commitment to and actual completion of the installation of the District Enhancements, as more fully set forth below.
The Bonus Payment Amount shall be determined according to the formula required by the Bonus Development Provisions and set forth below.

More Definitions of Bonus Payment Amount

Bonus Payment Amount means ***.

Bonus Payment Amount means the aggregate amount of all bonus payments required to be made by Holdings or its Subsidiaries to any current or former employee, whether pursuant to an employment agreement, employee or executive incentive or bonus arrangement or otherwise, as a result of the consummation of the transactions contemplated by the Agreement and which have not been paid prior to the Closing Date and shall include any bonus and the value of the deferred compensation provided for under the bonus and deferred compensation plan described in Schedules 1.6(b) and 1.6(b)(i).

Bonus Payment Amount means (i) the aggregate amount payable to those key employees of EFC LLC set forth Schedule 1.1 of the EFC Disclosure Schedule as are entitled to receive a “Transaction Bonus” pursuant to the terms of their respective employment agreements entered into on or about the date hereof with EFC LLC plus (ii) such other amounts as Edelman may determine in his sole discretion pursuant to Section 4.2(b) of the EFC LLC Agreement.

Bonus Payment Amount means the cash payments listed on Schedule 1.2.7, which shall include (A) the following payments paid or to be paid before, on or after the date of this Agreement or at or after the Closing: (i) all payments to be made under the Cash Incentive Plan, (ii) the 2014 Senior Management Bonus Amount, and (iii) all payments to be made under the Retention Plans, and (B) any other cash payments to be made with respect to any other employment, retention or bonus plan, program, agreement, or other similar arrangement with the Company, in each case for purposes of this clause (B), arising out of or in anticipation of the Contemplated Transactions, whether paid prior to the date of this Agreement or hereafter, including “Special Bonuses” as set forth on Schedule 1.2.7, but excluding any plan, program, agreement or arrangement entered into by the Company or Buyer after the Closing.