Closing Bonuses definition

Closing Bonuses has the meaning set forth in Section 2.5.
Closing Bonuses has the meaning assigned in section 4.16.
Closing Bonuses means all payments required to be made by Seller to any partner, director, manager, officer, employee, consultant, agent or representative of Seller as a result of the execution of this Agreement or the consummation of the transactions contemplated hereby (including those that become due and payable at or after the Closing), including all change of control, retention, “stay” and transaction bonuses.

Examples of Closing Bonuses in a sentence

  • The aggregate amount of the Seller Closing Bonuses and any related employer-side Taxes (but less the amount of the Tax deduction that Seller Parent or its Affiliates would have realized had they paid the Seller Closing Bonuses) shall be reflected as a Liability in Business Working Capital.

  • The Organization pursues its financial and economic activity independently within the limits of the rights granted to it by virtue of these Articles of Association, determines the procedure for use of all its resources, including determination of the share directed towards remuneration and monetary incentives of employees.

  • Bruce Schmidt said the program is good for them and for the town.

  • Payment of the Store Closing Bonuses in connection with the Store Closing Sales will aid in maximizing the value of the Debtors' estates by inducing employeeswho are needed to manage and complete the Store Closing Sales to remain in the employ of the Debtors and to maximize the returns from such Store Closing Sales.

  • Also, although there would be no federal rate regulation, any anti- competitive behavior by the owners or operators of a CO2 pipeline could be addressed by federal antitrust enforcement agencies, including the Federal Trade Commission and the antitrust division of the U.S. Department of Justice.


More Definitions of Closing Bonuses

Closing Bonuses means the bonuses and payments in an aggregate amount of approximately $3,500,000 processed for payment through the payroll of the Company on the Closing Date (and promptly paid in accordance with such payroll process) to current officers and employees of the Company with such bonuses and payments reducing the Purchase Price as contemplated under Section 2.2 hereof as a result of the transactions contemplated hereby.
Closing Bonuses means an aggregate of up to Two Million Eight Hundred Thousand Dollars ($2,800,000) (including the impact of Three Hundred Thousand Dollars ($300,000) of Taxes) of cash bonuses or other retention measures payable or deliverable by the Company to its employees at or prior to the Closing, or during the sixty (60) day period thereafter.
Closing Bonuses means all bonuses (including discretionary bonuses), “stay-pay” or similar compensatory payments payable (including any change of control payments or severance payments) by the Acquired Companies to their employees, officers and directors (and the employer portion of any payroll Taxes in connection therewith) as a result of the execution of this Agreement or the consummation of the transaction of purchase and sale contemplated hereby.
Closing Bonuses is defined in Section 2.2(a).
Closing Bonuses means the aggregate amount to be paid to the Closing Bonus Payees as provided in Exhibit 1.1 hereto.
Closing Bonuses means (i) the transaction bonuses awarded pursuant to the Flatout Holdings, Inc. Exit Bonus Plan as set forth on Schedule II, which are payable upon Closing and (ii) those other transaction bonuses set forth on Schedule II, which are payable upon Closing.
Closing Bonuses shall have the meaning set forth in Section 2.2(d) hereof.