Deferred Bonus Agreement definition
Examples of Deferred Bonus Agreement in a sentence
By signing this Agreement, you acknowledge that, upon receipt of the Sale Bonus under this Agreement, you thereby waive any right that you may have, if any, to receive the First Payment (i.e., 60%) under the Deferred Bonus Agreement by and between you and Specialty Foods Corporation dated October 27, 1997, as amended on March 15, 1999.
By signing this Agreement, you acknowledge that, upon receipt of the Sale Bonus under this Agreement, you thereby waive any right that you may have, if any, to receive the First Payment (i.e., 60%) under the Deferred Bonus Agreement by and between you and Specialty Foods Corporation dated July 15, 1997, as amended on March 15, 1999.
This Amendment to the Deferred Bonus Agreement is made this 31st day of December, 2008, by and among General Communication, Inc.
The Company shall pay to the Executive $2,388,347 on January 2, 2008 representing any and all amounts due under the Deferred Bonus Agreement and any other agreements.
In addition to the two-month salary continuation payments described above, Employer will waive the service vesting requirements under your Deferred Bonus Agreement though January 31, 2010, thereby entitling you to receive a payment of $50,000 on January 31, 2010 and a payment of $33,334 on January 30, 2011.
BE IT RESOLVED, that the Parties do hereby agree that this Deferred Bonus Agreement (the “Agreement”), as set forth below, shall amend, restate, supersede and replace the Appendix and that portion of the Offer Letter that concerns the deferred bonus.