Change of Control Bonuses definition

Change of Control Bonuses means all incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments to any Shared Service Employee, Business Employee or Former Employee pursuant to an arrangement entered into with Seller or its Affiliates that is payable as a result of or in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated by this Agreement, whether alone or in conjunction with any other event or circumstance (including continued employment through or following the Closing), and including any Taxes imposed on the employer as a result thereof, in each case, excluding any retention bonuses payable pursuant to retention agreements entered into between Seller or any of its Affiliates and employees at the written request of Purchaser after the date hereof and prior to the Closing.
Change of Control Bonuses means all incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments to any Business Employee pursuant to an arrangement entered into with Seller or its Affiliates that is payable as a result of or in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated by this Agreement (other than Deal Related Severance), and including the employer portion of any employment Taxes, social or national insurance contributions or similar obligations payable in connection with the foregoing incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments.
Change of Control Bonuses means all incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments to any Shared Service Employee, Business Employee or Former Employee pursuant to an arrangement entered into with Seller or its Affiliates that is payable as a result of or in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated by this

Examples of Change of Control Bonuses in a sentence

  • In the event Employee RSUs issued as Change of Control Bonuses fail to vest and are forfeited pursuant to the terms thereof following Closing, then Purchaser shall issue additional shares of Purchaser Common Stock to Seller in an amount equal to the number of such Employee RSUs that have failed to vest and are forfeited pursuant to the terms thereof (as adjusted for stock splits, stock dividends and the like).

  • Upon or promptly following Closing, Purchaser shall issue Employee RSUs to certain employees of Sierra Mountain and its Subsidiaries and Affiliates as the Change of Control Bonuses, in the amounts and subject to the vesting schedules set forth on Schedule 6.7, and subject to the terms set forth in the applicable equity plan, award agreement and other governing documents.

  • Upon or promptly following Closing, Purchaser shall issue shares of Purchaser Common Stock to certain employees of the Company and its Subsidiary and Affiliates as Change of Control Bonuses in the amounts set forth on Schedule 6.17 and subject to the terms set forth in the applicable equity plan, award agreement and other governing documents.

  • Upon or promptly following Closing, Purchaser shall pay the Change of Control Bonuses in the amounts set forth on Schedule 6.17 and subject to the terms set forth in the applicable equity plan, award agreement and other governing documents.


More Definitions of Change of Control Bonuses

Change of Control Bonuses means the cash bonuses expected to be paid to certain employees of the Company and its Subsidiary and Affiliates as described on Schedule 6.17 and which cash bonuses shall constitute Transaction Expenses under this Agreement.
Change of Control Bonuses means the assumed value of the Employee RSUs to be issued to employees of Sierra Mountain and its Subsidiaries and Affiliates shortly following the Closing of the Transactions, each of which are set forth on Schedule 6.7, and which shall constitute Transaction Expenses under this Agreement.
Change of Control Bonuses means the shares of Purchaser Common Stock to be issued to certain employees of the Company and its Subsidiaries and Affiliates as described on Schedule 6.17 and which shall constitute Transaction Expenses under this Agreement.
Change of Control Bonuses means all incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments to any Business Employee pursuant to an arrangement entered into with Seller or its Affiliates that is payable as a result of or in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated by this Agreement (other than Deal Related Severance), whether alone or in conjunction with any other event or circumstance in connection with or following the Closing (including continued employment through or following the Closing), and including all employer-sided employment Taxes, social or national insurance contributions or similar obligations payable in connection with the foregoing incentive, retention, transaction, change in control or similar bonuses or other similar compensatory payments, in each case, excluding any retention bonuses payable pursuant to retention agreements entered into between Seller or any of its Affiliates and employees at the written request of Buyer after the Agreement Date and prior to the Closing.
Change of Control Bonuses means any compensation or benefit provided by Seller or an Affiliate to any Transferred Employee by reason of the Contemplated Transactions, whether alone or together with any other event.
Change of Control Bonuses means the amounts set forth in the column titled “Change of Control Bonuspayable to the Change of Control Bonus Recipients set forth in Exhibit K to the Agreement.

Related to Change of Control Bonuses

  • Change of Control Period means the period commencing on the date hereof and ending on the third anniversary of the date hereof; provided, however, that commencing on the date one year after the date hereof, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the "Renewal Date"), unless previously terminated, the Change of Control Period shall be automatically extended so as to terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the Company shall give notice to the Executive that the Change of Control Period shall not be so extended.

  • Change of Control means the occurrence of any of the following:

  • Change in Control means the occurrence of any of the following events:

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.