Total Bonus Pool definition

Total Bonus Pool means an aggregate amount equal to the sum of the Closing Bonus Pool, plus the Post-Closing Bonus Pool.
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Total Bonus Pool means an amount equal to 15% of the Aggregate Transaction Proceeds; provided that the Total Bonus Pool will be subject to reduction pursuant to Section 17 below. To the extent that the Change of Control Transaction involves one or more payments of Contingent Consideration, such Contingent Consideration shall be deemed to constitute Aggregate Transaction Proceeds for purposes of determining the Total Bonus Pool only when the applicable Condition is satisfied and the Contingent Consideration is actually paid to the Company (and legally available for payment or distribution to the Company’s stockholders) or the Company’s stockholders, as applicable.
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Examples of Total Bonus Pool in a sentence

  • The Total Bonus Pool shall be payable within 90 days after the end of Employer's fiscal year commencing with the fiscal year ended September 30, 1998.

  • So long as any Total Bonus Pool Participant is an employee of Employer, the full amount of the Total Bonus Pool shall be dispersed to the Total Bonus Pool Participants annually.

  • Employee is eligible for an annual bonus, if any, which will be determined and paid in accordance with policies set from time to time by the Board in addition to amounts received from the Total Bonus Pool pursuant to Section 10 hereof.

  • Each of Employee, ▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (collectively the "Total Bonus Pool Participants") shall be entitled to a portion of an amount equal to ten percent (10%) of Employer's earnings before income taxes up to a maximum of $150,000 per Annual Period ("Total Bonus Pool").

  • The allocation of the Total Bonus Pool to each Total Bonus Pool Participant shall be as follows: Employee - 20%; ▇▇▇▇▇▇ ▇▇▇▇▇▇ - 40%; ▇▇▇▇▇▇ ▇▇▇▇▇▇ - 40%.

  • The allocation of the Total Bonus Pool to each Total Bonus Pool Participant shall be as follows: Employee - 40%; ▇▇▇▇▇▇ ▇▇▇▇▇▇-40%; ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-20%.

  • The allocation of the Total Bonus Pool to each Total Bonus Pool Participant shall be as follows: Employee - 40%; ▇▇▇▇▇▇ ▇▇▇▇▇▇ - 40%; ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ - 20%.

  • For example, if the sum of the Target Bonuses of all Bonus Eligible Employees within an Operating Group was 25% of the Target Bonus Pool, that Operating Group will receive an allocation of 25% of that portion of the Total Bonus Pool that is less than or equal to the Target Bonus Pool.

  • Such bonuses are in addition to amounts received from the Total Bonus Pool pursuant to Section 10 hereof.

  • Each of Employee, ▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ (collectively the "Total Bonus Pool Participants") shall be entitled to a portion of an amount equal to ten percent (10%) of Employer's earnings before income taxes up to a maximum of $150,000 per Annual Period ("Total Bonus Pool").