Stock Bonus Amount definition

Stock Bonus Amount the aggregate number of shares of Common Stock of Buyer deliverable pursuant to the stock bonuses (but not the stock options) described in section 5.D of the Employment Agreements, section 1 of the ▇▇▇▇▇▇▇▇▇▇ Amendment, and section 3 of the Employee Bonus Agreements.
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Examples of Stock Bonus Amount in a sentence

  • The definition of EBITDA in Section 1 of the Original Purchase Agreement is hereby amended by adding the following sentence to the end of the definition: "In determining EBITDA, the payment by Buyer to the Company of the Stock Bonus Amount and the Cash Bonus Amount pursuant to Sections 2.2(c), respectively, shall be netted as a contra amount against the payment by the Company to its employees of the Cash Bonus Amount and the Stock Bonus Amount, so that the net impact on EBITDA is zero".

  • The Stock Bonus Amount will be paid to the Executive on the date that is one year following the date of the exercise that gives rise to a Stock Bonus Amount.

  • The number of shares of Common Stock to be issued upon each annual Stock Bonus shall be determined by dividing the Stock Bonus Amount by the Stock Bonus Price (as hereinafter defined) in effect on January 1 in the year in which the Stock Bonus becomes due.