Exit Bonuses definition

Exit Bonuses means, collectively, the bonus amounts due to certain individuals upon and subject to the Closing as set forth on Section 2.04(e) of the Company Disclosure Schedule.

Exit Bonuses means the bonuses in the aggregate amount of the Exit Bonus Amount to be paid to certain employees, directors, officers or consultants of the Group as a result of Completion (including any Pay as you Earn (“PAYE”) income tax and employee’s and employer’s national insurance contributions thereon or equivalent thereof in the applicable jurisdiction);

Exit Bonuses means the exit bonuses to be paid to certain current and former management employees upon consummation of the transactions contemplated by this Agreement in lieu of other bonuses that may be paid for 2014, as further described on Schedule 3.21.2.

Examples of Exit Bonuses in a sentence

• TANF Early Exit Bonuses implemented (Bonuses are a once-in-a-lifetime $1,000 support service payment to employed TANF clients, with low cash grants, who voluntarily exit TANF).

• In order to facilitate the payment of the Exit Bonuses and their payroll tax and social security treatment and administration, the Purchaser as paying agent pays the total Exit Bonus Amount on the Closing Date to the respective employer company in the name and for the account of the Seller.

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• TANF Early Exit Bonuses were implemented in March 2000 (bonuses were a once-in-a- lifetime $1,000 support service payment to employed TANF clients, with low cash grants, who voluntarily exited TANF).

• TANF Early Exit Bonuses were implemented (Bonuses are a once-in-a-lifetime $1,000 support service payment to employed TANF clients, with low cash grants, who voluntarily exit TANF).

More Definitions of Exit Bonuses

Exit Bonuses means the gross amount of any bonuses, incentives or commission to be paid or agreed to be paid or incurred or owing to any current or former employee or director (including a non-executive director) of any Group Company by any Group Company in connection with, or as a result of, the Transaction, together with any employer’s social security contributions, payroll, employment and similar Taxes thereon or in connection therewith for which a Group Company is or would be liable;

Exit Bonuses means the sum payable to Cxxxxxxxxxx Xxxxx, the sum payable to Txxx Xxxxxxxxx, the sum payable to Cxxxxxxxxxx Xxxxxxx, the sum payable to Mxxxxxx Xxxx, the sum payable to Mxxxxx Xxxxx, the sum payable to Jxxxxx X'Xxxxx and the sum payable to Jxxx Xxxxx, in each case under such Exit Bonus Payee’s respective Exit Bonus Letter and conditional upon Completion occurring;