Examples of Retention Bonus Pool in a sentence
The Plan shall automatically terminate following a Change in Control once all Retention Bonuses have been paid, and any portion of the Retention Bonus Pool not allocated to Participant’s shall not be payable.
For each additional $10 million in Purchase Price over $100 million, the Retention Bonus Pool will be increased by $1 million, such that a total Purchase Price of $200 million will result in a Retention Bonus Pool of $16 million.
The Committee shall have the discretion to change the formula for determining the Retention Bonus Pool from time to time.
The determination of the Purchase Price and the Retention Bonus Pool shall be made by the Committee in good faith based upon the financial and other information available to it.
Chapter 3 explains how to calculate emissions to determine whether the thresholds have been exceeded.