Closing Rights Amount definition

Closing Rights Amount means the aggregate dollar amount that is due to certain employees of the Company on the Closing Date pursuant to the terms and conditions of the Employee Rights Plan.
Closing Rights Amount has the meaning set forth in Section 2.1(a)(i).

Examples of Closing Rights Amount in a sentence

  • In addition to the Purchaser’s obligations to fully pay and satisfy, or cause the Surviving Corporation to fully pay and satisfy, the Closing Rights Amount as set forth in Section 1.2(e), the Purchaser covenants and agrees to fully pay and satisfy, or cause the Surviving Corporation to fully pay and satisfy, the Subsequent Closing Rights Amount pursuant to the terms and conditions of the Employee Rights Plan.

  • In its prior Ruling, the Court concluded, with respect to Plaintiffs' Section 1983 claims against Clark, Del Mauro, and Puorro, there are genuine issues of material fact concerning whether their "protective sweep" of Jayrado's apartment — which allegedly resulted in damage to some of his personal effects — was reasonable and without malice.

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