Transaction Bonus Amount definition

Transaction Bonus Amount means the aggregate of (i) all amounts payable to employees of any Group Company under the Bonus Scheme (whether at or following Completion), inclusive of any taxation and employee social security (or similar) contributions and (ii) any employer social security contributions arising in connection with payments under the Bonus Scheme; Transaction Documents means: *** Confidential Treatment Requested

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Transaction Bonus Amount means an amount equal to (i) the aggregate Transaction Bonuses to be made to the recipients thereof in connection with the transactions contemplated by this Agreement, plus (ii) the aggregate Transaction Payroll Taxes incurred in connection with such Transaction Bonuses.

Transaction Bonus Amount shall be a cash payment in an amount determined based on the satisfaction of performance goals related to a Sale, in each case to be determined and communicated to you in writing by the Leadership and Development and Compensation Committee of the Company’s Board of Directors (which communication will also set forth the timing of payment of the Transaction Bonus Amount).

Examples of Transaction Bonus Amount in a sentence

Within fifteen (15) business days following the effective date of a Change in Control, the Company (or its successor or assigns) shall pay to Executive the Transaction Bonus Amount.
The “Transaction Bonus Amount” shall be a cash payment in an amount determined based on the satisfaction of performance goals related to a Sale, in each case to be determined and communicated to you in writing by the Leadership and Development and Compensation Committee of the Company’s Board of Directors (which communication will also set forth the timing of payment of the Transaction Bonus Amount).
Subject to and conditioned upon the Recipient’s execution and non-revocation of the Release as described in Section 1(d) hereof, the Transaction Bonus Amount, less applicable withholding and employment taxes, shall be payable to the Recipient by the Company on the Closing Date (as defined in the Merger Agreement) (or, if later, the effective date of the Release).
With respect to the Transaction Bonus Amount, upon a Qualifying Termination prior to the Retention Bonus Vesting Date, you will continue to be entitled to the payment of the Transaction Bonus Amount at the times and in the amounts communicated to you in accordance with Section 4(b) above.
Notwithstanding anything to the contrary in this Agreement, the Recipient shall automatically and without notice forfeit any and all rights the Recipient may have in the Transaction Bonus Amount in the event that the Recipient’s Continuous Service with the Company terminates for any reason prior to the Closing Date.

More Definitions of Transaction Bonus Amount

Transaction Bonus Amount means the aggregate amount set forth in Section 15(a) of the Disclosure Schedule as a “Transaction Bonus” to be paid to the Transaction Bonus Recipients;

Transaction Bonus Amount means the aggregate amount of all Transaction Bonuses to be paid at the Closing.

Transaction Bonus Amount means a Specified Transaction Bonus Amount or a General Transaction Bonus;

Transaction Bonus Amount means (i) the aggregate amount payable by the Acquired Companies, whether pursuant to the

Transaction Bonus Amount means the aggregate gross amount payable to the Transaction Bonus Recipients in amounts set forth on Exhibit B, which shall be inclusive of any applicable Taxes, deductions or other required withholdings. Notwithstanding anything in the Agreement to the contrary and for the avoidance of doubt, the employer portion of payroll Taxes and any other employer withholdings or deductions in respect of such transaction bonus payments are included within the Transaction Bonus Amounts, and such employer portion of payroll Taxes and any other employer withholdings or deductions in respect of such transaction bonus payments shall not be considered Transaction Expenses (except for the Transaction Bonus Amount itself), Indebtedness or a current liability in the calculation of Closing Working Capital.

Transaction Bonus Amount is defined in Section 3.25(h).

Transaction Bonus Amount means (i) the aggregate amount payable by the Acquired Companies, whether pursuant to the Company’s Special Long-Term Bonus Plan or Long-Term Incentive Plan or otherwise, to any director, manager, officer, employee or independent contractor of Seller, any Acquired Company or any of their Affiliates in connection with the execution or performance of this Agreement or the consummation of the transactions contemplated hereby, plus (ii) the aggregate amount payable by the Acquired Companies to or for the benefit of employees or independent contractors of the Acquired Companies as set forth on Schedule 1.1(a)(i), plus (iii) the employer portion of any Taxes associated with the payments contemplated pursuant to the foregoing clauses (i) and (ii).