Transaction Bonuses definition

Transaction Bonuses means any transaction bonuses payable by the Sellers or their Affiliates on or after the Closing to the Transferred Employees.

Transaction Bonuses means any and all bonus amounts and/or other related amounts payable to any current or prior Acquired Company shareholder, officers, directors, consultants, advisors, bankers, Affiliates and/or any other Persons that the Acquired Company is obligated to pay as a result of the transactions contemplated by this Agreement, including the sale of any of the Acquired Shares and/or the change of control of the Acquired Company (including the Acquired Company’s portion of any employment taxes related to such bonus amount).

Transaction Bonuses any bonuses payable to any officer or employee of Holdings or any of its Subsidiaries (including any Person who becomes an officer or employee of any Group Member in connection with a Permitted Acquisition) in connection with any Permitted Acquisition in an aggregate amount not exceeding $10,000,000 in any four fiscal quarter period most recently ended.

Examples of Transaction Bonuses in a sentence

• The Sellers shall, or shall cause one or more of their Affiliates to, pay any earned Transaction Bonuses to the applicable Transferred Employees through a Seller’s or its Affiliate’s payroll system, subject to any required withholding for applicable Taxes, as and when such Transaction Bonuses become due and payable in accordance with their terms following the Closing.

• Each Affected Employee who accepts any such offer of employment shall be referred to in this Agreement as a “Transferred Employee.” The offer of employment, including wages, salaries and benefits, shall be, in the aggregate, substantially comparable, but excluding for this purpose Transaction Bonuses, with the terms and conditions under which the Transferred Employees were employed immediately before the Closing Date.

• This raises the question whether the Transaction Bonuses are part of the 'single arrangement' for the purposes of section 124-780.

• The Time Group shall retain Liability with respect to the Time Transaction Bonuses.

• At the Closing, Buyer shall pay or cause to be paid on behalf of Seller, and the Acquired Companies, (i) the Estimated Indebtedness that is Payoff Indebtedness to the lenders named in the applicable Payoff Letter and (ii) the Estimated Transaction Expenses (other than the Transaction Bonuses and Transaction Bonus Tax Amounts) to the obligees thereof named in the Estimated Closing Statement.

More Definitions of Transaction Bonuses

Transaction Bonuses means payments to officers, employees, consultants, directors and managers of the Company, its Subsidiaries and the Group Companies as change of control payments, severance payments, special or retention bonuses, and similar payments, in each case, paid or payable as a result of the transactions contemplated by this Agreement and the Transaction Agreements (including the employer portion of any Tax in connection with such).

Transaction Bonuses means all amounts payable pursuant to certain transaction bonus arrangements, to be entered into by the Company or a Company Subsidiary between the date hereof and the Closing Date, as further described on Schedule 1.1(i).

Transaction Bonuses has the meaning set forth in Section 6.12.

Transaction Bonuses shall have the meaning specified in Section 9.3(c).

Transaction Bonuses is hereby amended in its entirety to read as follows: “Transaction Bonuses” means amounts payable by the Company to certain Bonus Recipients as provided in Section 6.18 upon consummation of the Transactions, with certain amounts paid upon the occurrence of the Closing, and certain amounts paid after the Closing and referenced as Retention Bonuses in the agreements pursuant to which such amounts are payable.

Transaction Bonuses means the aggregate amount of any transaction bonuses, discretionary bonuses, “success” fees, change of control payments, retention bonuses, severance payments, payouts of deferred compensation and any similar or other payment obligations payable related to the consummation of the Merger, the terms of which have been agreed to by the Company or the Company Subsidiary prior to the Effective Time, including with respect to any Employee, any employer-side payroll or related Taxes payable with respect thereto.

Transaction Bonuses means any bonus, profit share, retention, severance, “stay put”, incentive or similar payments payable by a Transferred Company (including any Retention Bonuses, and for the avoidance of doubt, the aggregate amount of all Retention Bonuses shall be included in Closing Date Indebtedness to the extent unpaid prior to Closing) to any current or former Business Employee (inclusive of any related on-costs) in connection with the transactions contemplated by this Agreement.