Retention Payments definition

Retention Payments has the meaning ascribed in Section 2.5;

Retention Payments shall have the meaning set forth in Section 3.01(b).

Retention Payments has the meaning given in Section 8.6(c).

Examples of Retention Payments in a sentence

• In appropriate circumstances and subject to the approval arrangements set out at para 53 (Recruitment and Retention Payments), accelerated incremental progression may be applied to support the recruitment and/or retention of key Green Book, Chief Officer or Executive Reward Band employees.

• To be entitled to any of the Retention Payments described above in this Section 3, Executive (or his heirs), as the case may be, shall execute a release of claims in form satisfactory to the Employer.

• Retention Payments: If the Agency reduces the Contractor’s retention, the Contractor shall correspondingly, within 14 days, reduce the retentions held against the Subcontractors and suppliers that have performed satisfactory work.

• If Executive voluntarily resigns from employment with InterMune, Inc., or Executive’s employment is terminated with Cause, Executive shall not be eligible to receive Remaining Unearned Retention Payments (“Remaining Unearned Retention Payments” is defined at Paragraph 4(d) below) following the effective date of the resignation or termination for Cause.

• Except as provided in this Paragraph 3, this Agreement shall remain in effect upon a Change in Control (“Change in Control” is defined in Paragraph 4(e) below), and Executive shall remain eligible to earn Retention Payments as set forth above.

More Definitions of Retention Payments

Retention Payments means $24,109,201.10, which represents the maximum amount of the retention payments to be made by the Companies and their Subsidiaries pursuant to the agreements listed under the heading “Retention Letters” in Section 3.1(r)(i) of the Seller Disclosure Schedule, as in effect on the date hereof.

Retention Payments means the payments listed at Section 1.1(c) of the Seller Disclosure Schedule.

Retention Payments means, with respect to any Participant, the 2018 Retention Payment, if any, and/or the 2019 Retention Payment, if any, as applicable, with respect to such Participant.

Retention Payments means the payments and benefits described in Section 2.

Retention Payments means the retention payments payable by the Company or any of its Subsidiaries to certain designated employees on terms and conditions determined by the Purchaser and disclosed in writing by the Purchaser to, and accepted by, the Company or any of its Subsidiaries prior to the date hereof, in the aggregate not to exceed $4.35 million for all Company Employees, such payments to exclude for greater certainty the Officer Obligations;

Retention Payments shall have the meaning set forth on Exhibit D.

Retention Payments shall indicate which party is responsible for paying retention payments related to the displacement of employees.