Completion Bonuses definition

Completion Bonuses has the meaning set forth in Section 5.11(a).
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Completion Bonuses has the meaning set forth in Section 3.2(B).
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Completion Bonuses means the retention/ pre-sale and sale bonuses set out in the Senior Employee Compensation Letters and "Completion Bonus" means any one of them;
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Examples of Completion Bonuses in a sentence

  • The Purchaser further agrees that, from and after the Closing Date, it will cause the Company and the other members of the Minerals Group to perform all of their obligations under the employee retention program (the "Completion Bonuses") and to provide at least the severance benefits for the period and in the amounts described in Exhibit B hereof to those Employees of the Company and the other members of the Minerals Group identified in Exhibit B hereto.

  • The Purchaser agrees that it will cause the Company and the other members of the Minerals Group to make the payments of the Completion Bonuses when such amounts are payable in accordance with their terms.

  • The parties agree that the Closing Date Balance Sheet shall not give effect to (i) any current Income Tax expense, (ii) the termination of the Tax Sharing Agreement, (iii) any Completion Bonuses paid by Alleghany, (iv) the repayment by HTI Acquisition of the Alleghany Debt and the LaSalle Debt, (v) the New Employment Agreements, or (vi) the termination of the Existing Employment Agreements.

  • If earned, the Completion Bonuses will be payable thirty (30) days after the first and second anniversary of the Commencement Date.

  • Parent shall pay, or cause to be paid, to the Executive the following completion bonuses (the "Completion Bonuses") upon completion of the specified periods of his employment: (i) $400,000 if Executive is employed with Parent or any subsidiary or affiliate thereof on the one (1) year anniversary of the Effective Time; and (ii) $400,000 if Executive is employed with Parent or any subsidiary or affiliate thereof on the two (2) year anniversary of the Effective Time.

  • However, such Holders must deliver to the Conversion Agent an amount in cash equivalent to such interest payment in order to convert their Securities; provided, however, that no such payment shall be required to be made with respect to overdue interest (including Additional Interest), if any overdue interest exists at the time of conversion with respect to such Securities.

  • The Company shall pay merger completion bonuses in an aggregate amount of no more than $5,000,000 (the "Merger Completion Bonuses") (subject to applicable withholding requirements) on the Closing Date to certain designated employees of the Company and its Subsidiaries.

  • This Change in Control Bonus shall be reduced by the amount of any Form 10-K Completion Bonus such that the total amount of Form 10-K Completion Bonuses and Change in Control Bonus paid to Employee shall not exceed the amount of the Change in Control bonus set forth in the previous sentence.

  • The Guaranteed Substantial Completion Dates, not the Contract Detailed Schedule, shall control in the determination of any Delay Liquidated Damages or Early Completion Bonuses.

  • Upon completion of the IPO, the Board of Directors will determine the amounts to be paid to Employee as Completion Bonuses and Success Fees.


More Definitions of Completion Bonuses

Completion Bonuses means the amounts payable to Vertiv Employees pursuant to completion letters entered into between Emerson and such employees in anticipation of the Distribution.
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Completion Bonuses means the aggregate completion bonuses of £281,105 (being the bonus amount plus any applicable national insurance contributions) to be paid by the Company to ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇ following Completion in accordance with the Bonus Agreements;
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Completion Bonuses has the meaning given to such term in clause 3.1;
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Completion Bonuses means the aggregate completion bonuses of £281,105 (being the bonus amount plus any applicable national insurance contributions) to be paid by the Company to Nick Cahn, Jagath de Alwis and Alec Smith following Completion in accordance with the Bonus Agreements;
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Completion Bonuses means the bonuses payable by the Company to each of Tumelo Motsisi, Harold Motaung, Joel Kesler and Iemrahn Hassen in connection with the closing of the Acquisition, as described under “Particulars of Matters to be Acted Upon – Compensation Transactions”;
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Related to Completion Bonuses

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • Retention Bonus means an incentive bonus provided under

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and Executive are subject. An example of the calculation of the Bonus Payment is set forth below: Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and Executive is not subject to state income taxes. Further assume that Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 in Excise Taxes are payable. The amount of the required Bonus Payment is thus $100,000. The Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Transaction Bonuses means the amount of any bonuses, incentives or commission paid or made or declared to be treated as paid or made, or to be paid or made to any director, officer, employee, agent, consultant or adviser of any Group Company at any by any Group Company in connection with, or as a result of, the Transaction, including any Taxes in respect thereof or arising thereon;

  • Bonus Payments means that portion of the bonus payments received by the