Synergy Plan definition

Synergy Plan means the draft of that certain Project Atlas - Merger Integration Synergy Analysis prepared by ▇▇▇▇▇▇▇ & Marsal Corporate Performance Improvement, LLC, dated as of February 14, 2019, as made available to the Buyer Group.

Examples of Synergy Plan in a sentence

  • Under the Stockholder Agreement, the Management Committee will be responsible for overseeing the implementation of the Initial Synergy Plan (as defined in the Stockholder Agreement) for the initial two-year period following the Effective Time.

  • Synergy does not have any plan or commitment to establish any new Synergy Plan, to modify any Synergy Plan (except to the extent required by law or to conform any such Synergy Plan to the requirements of any applicable law, in each case as previously disclosed to Synergy in writing, or as required by this Agreement), or to enter into any new Synergy Plan.

  • Employee shall be eligible for a discretionary bonus payable on or about June 30, 2008 in the amount of $450,000.00, provided he achieves the SGA, Manufacturing and Logistics objectives set forth in the Synergy Plan.

  • No suit, action or other litigation (excluding claims for benefits incurred in the ordinary course of Synergy Plan activities) has been brought, or to the knowledge of Synergy is threatened, against or with respect to any such Synergy Plan.

  • Employee shall be eligible for a discretionary bonus payable on or about June 30, 2008 in the amount of $250,000.00, provided all objectives set forth in the Synergy Plan are achieved.

  • There are no audits, inquiries or proceedings pending or, to the knowledge of Synergy, threatened by the IRS or DOL with respect to any Synergy Plan.

  • No “prohibited transaction,” within the meaning of Section 4975 of the Code or Sections 406 and 407 of ERISA, and not otherwise exempt under Section 408 of ERISA, has occurred with respect to any Synergy Plan.

  • Each Synergy Plan can be amended, terminated or otherwise discontinued after the Effective Time in accordance with its terms, without liability to Synergy or any of its Affiliates (other than ordinary administration expenses).