Incentive Payment Agreements definition

Incentive Payment Agreements means collectively all of the incentive payment agreements with employees of WRI, including, without limitation, the following: (i) Winwell Resources, Inc. Annual Incentive Compensation Plan, Summary dated May, 2002; (ii) Severance Agreement, dated July 1, 1998, between WRI and Farnham; (iii) Shareholder Agreement for Chief Executive Officer, dated December 19, 1995, between WRI and Farnham, as amended effective July 1, 1998; (iv) Stock Option Agreement, dated December 19, 1995, between WRI and Farnham, as amended effective July 1, 1998; (v) Second Stock Option Agreement, dated July 1, 1998, between WRI and Farnham; (vi) Shareholder Agreement for Management Employee, dated December 17, 2002, between WRI and B▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.; (vii) Shareholder Agreement for Management Employee, dated December 17, 2002, between WRI and S▇▇▇▇▇ ▇. ▇▇▇▇▇▇; (viii) Shareholder Agreement for Management Employee, dated December 17, 2002, between WRI and R▇▇▇▇▇ ▇. ▇▇▇▇▇▇; (ix) Stock Option Agreement, dated July 1, 2002, between WRI and B▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.; (x) Stock Option Agreement, dated July 1, 2002, between WRI and S▇▇▇▇▇ ▇. ▇▇▇▇▇▇; (xi) Stock Option Agreement, dated July 1, 2002, between WRI and R▇▇▇▇▇ ▇. ▇▇▇▇▇▇.
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Incentive Payment Agreements means the agreements entered into by the Company with the Incentive Payment Recipients in connection with the transactions contemplated hereby for the payment of certain amounts pursuant to the Company’s 2009 Executive Incentive Compensation Plan, in each case, substantially in the form of Exhibit E hereto (other than with respect to such agreement with ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, which shall be substantially in the form of Exhibit F hereto).
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Incentive Payment Agreements means collectively all of the Incentive Payment Agreements between the Asset Company and each of R▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, J▇▇▇▇▇ ▇. G▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ I▇▇ ▇▇▇▇▇▇, T▇▇ ▇▇▇▇▇ and RDS Energy Analysts, Inc.
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Examples of Incentive Payment Agreements in a sentence

  • The Seller Parties shall also amend the Incentive Payment Agreements to eliminate any requirement that an employee of the Company remain employed following the Closing Date in order to receive amounts due under the Incentive Payment Agreements.

  • Except as set forth in the Incentive Payment Agreements, no bonuses or other amounts shall be payable to employees of the Asset Company in connection with the Closing.

  • Contemporaneously with the Closing, Buyer shall cause the Asset Company to make all payments due and owing by the Asset Company under the Incentive Payment Agreements to the counterparties thereto.

  • Except as set forth in the Incentive Payment Agreements, no bonuses or other amounts shall be payable to employees of the Purchased Companies in connection with the Closing; and as of the Closing, the Purchased Companies shall have terminated all of their employees and officers, paid all salaries and bonuses (including incentive payments and stock bonuses) and obtained waivers of all claims against the Purchased Companies.

  • The Incentive Payment Agreements shall have been duly executed and delivered by the Incentive Payment Recipients.

  • Prior to the Closing but subject to the provisions of the Incentive Payment Agreements, neither the Purchased Companies nor Sellers shall cause the provision of material increases in compensation or benefits, or pay additional bonuses, or enter into new employment, severance or change of control agreements respecting the employees of the Asset Company, other than in the ordinary course of business.