Retention Pool Amount definition

Retention Pool Amount means an amount in cash equal to 22.486% of the Purchase Price determined based on the Estimated Closing Certificate, to be allocated to the Retention Employees pursuant to the Retention Agreements.
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Retention Pool Amount has the meaning set forth in Section 2.3(c).
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Retention Pool Amount means an amount equal to (a) $70,000,000 multiplied by (b) the Continuing Employee Amount.
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Examples of Retention Pool Amount in a sentence

  • All releases of the Employee Retention Pool Amount will be subject to the terms hereof and of the Employee Retention Escrow Agreement; provided further, that in the event of any conflict between this Agreement and the Employee Retention Escrow Agreement, the terms of the Employee Retention Escrow Agreement will control.

  • Acquiror currently has, and will at Closing continue to have, adequate financial resources to satisfy its monetary and other obligations under this Agreement, including its obligations to pay the Merger Consideration and Retention Pool Amount as contemplated by this Agreement.

  • All shares of restricted Buyer Common Stock received by the Retention Employees from the Buyer as part of the Retention Pool Amount pursuant to Section 2.3(c) shall be subject to the terms of a restricted stock agreement in the form attached hereto as Exhibit C (the “Restricted Stock Agreement”).

  • Promptly following the Closing, Parent shall establish a retention pool consisting of restricted stock unit awards covering shares of Parent Common Stock with an aggregate grant date value of the Retention Pool Amount (each, a “Retention Award” and together, the “Retention Awards”).


More Definitions of Retention Pool Amount

Retention Pool Amount means the amount set out in Schedule 14; “Sales Tax” has the meaning given in paragraph 15.22 of Schedule 6; “SEC” shall mean the United States Securities and Exchange Commission; “SEC Documents” has the meaning given in paragraph 1.7 of Schedule 13;
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Retention Pool Amount means the amount set out in Schedule 14;
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