Transaction Bonus Payments definition

Transaction Bonus Payments means the bonus and other compensatory payments that become payable by the Acquired Companies to their respective employees solely as a result of the consummation of the Contemplated Transactions, together with the employer portions of any payroll Tax that becomes payable at the Closing in connection with such bonuses and payments at Closing to Optionholders.

Transaction Bonus Payments means, collectively, any payments payable by the Company or AG LLC, whether before, on, or after the Closing Date, pursuant to each of the Contracts set forth on Schedule 1.1(c) (as they may be amended from time to time as permitted hereunder) upon a “Change of Control” (as such term is defined therein), including, any “Salary Termination Payment” (as such term is defined therein) and any “LTI Payment” (as such term is defined therein).

Transaction Bonus Payments means the bonus and other compensatory payments that become payable by the Company solely as a result of the consummation of the Contemplated Transactions, as set forth on Schedule 1.2(c).

Examples of Transaction Bonus Payments in a sentence

• Any payments made pursuant to this Agreement to the Optionholders and recipients of Transaction Bonus Payments shall be made to the Company on their behalf and the Company shall distribute such amounts as soon as reasonably practicable, and in any event, within 2 business days, to the Optionholders and the recipients of Transaction Bonus Payments net of all applicable withholding Taxes.

• For the avoidance of doubt, any deductions associated with Transaction Bonus Payments or amounts paid or payable to holders of Options pursuant to Section 2.8(d) shall not be for the benefit of any Securityholder, but rather, shall be for the benefit of the Company or the Surviving Corporation, as applicable.

• For purposes of this Escrow Agreement, at any point in time, sixty (60) percent of the Escrow Earnings shall be referred to as the “ After-Tax Escrow Earnings .”(iii) Attached hereto as Exhibit C are IRS Forms W-9 or IRS Forms W-8BEN, as applicable, completed by the Company and each of the Escrow Fund Recipients other than the Optionholders and the recipients of Transaction Bonus Payments.

More Definitions of Transaction Bonus Payments

Transaction Bonus Payments means the payments that are to be made to the Transaction Bonus Employees pursuant to the Transaction Bonus Agreements, and the employer’s portion of any payroll or similar Taxes attributable to any compensation payable in respect of the foregoing amounts.

Transaction Bonus Payments means any payments that become due and payable to the employees of the Acquired Companies identified on Section 6.09 of the Disclosure Schedule as a result of or in connection with the Acquisition.

Transaction Bonus Payments means: (i) contributions by one or more of the Companies, as applicable, to CRC or BMR 401(k) plans for the calendar year 2009 and for the year 2010 through the day immediately preceding the Closing Date, and (ii) payments by one or more of the Companies, as applicable, to certain Employees, persons or entities that have provided services to one or more of the Companies; notwithstanding the foregoing, the identities of payees and amounts of any payments in (i) and (ii) above shall be determined by Sellers in their sole discretion, but subject to IRS qualified plan requirements in the case of payments to the CRC or BMR 401(k) plans.

Transaction Bonus Payments means (a) the amount of the change of control bonus payment payable to the Company's CEO, Xxxxxxx X. Xxxxxx as a result of the consummation of the transactions contemplated by this Agreement, pursuant to that certain Employment Agreement, dated October 5, 2009, between the Company and Xxxxxxx X. XxXxxx, as amended January 20, 2010, February 14, 2011 and August 24, 2011, plus (b) the amount of the change of control bonus payment payable to the Company's director, Xxxx Xxxx, as a result of the consummation of the transactions contemplated by this Agreement, under the transaction bonus award approved by the Company's board of directors on August 24, 2011.

Transaction Bonus Payments means the amounts payable in connection with the Closing pursuant to the agreements or arrangements listed or described on Schedule 1.1(b) of the Company Disclosure Letter.

Transaction Bonus Payments has the meaning set forth in Section 7.19.

Transaction Bonus Payments means the payments described in Schedule 3.02(1) of the Company Disclosure Schedule.