Confirmation Bonus definition

Confirmation Bonus is defined in Section 4.3.
Confirmation Bonus means a bonus payable, on the Effective Date, to William

Examples of Confirmation Bonus in a sentence

  • The Confirmation Bonus shall be paid in a cash lump sum on the Effective Date.

  • Notwithstanding the foregoing, no Confirmation Bonus shall be payable if the Satisfaction Date occurs after September 30, 1998.

  • The amount payable as a Confirmation Bonus shall be based on when the Satisfaction Date occurs, as set forth in the Schedule attached hereto as Appendix B.

  • Additionally, the Employer shall pay to the Employee, a lump sum on the first regularly scheduled payday of the Employer which follows the effective date of such termination, an amount equal to two (2) times the average of the sum of amounts paid to the Employee for salary, bonus, including any amount received as a Plan Confirmation Bonus and profit sharing for the five fiscal years immediately preceding the effective date of the Termination Without Cause.