Transaction Incentive Plan definition

Transaction Incentive Plan is defined in Clause 8.8.1.
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Transaction Incentive Plan. Is defined in Section 2.10.3(a).
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Transaction Incentive Plan. The Sellers’ Representative shall ensure that it will promptly discharge all liabilities that are due and payable in accordance with the terms of the TIP with respect to Company Employees under the TIP to the extent the same are not otherwise treated as Specified Liabilities for purposes of Section 2.2 and 2.3.
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Examples of Transaction Incentive Plan in a sentence

  • Employee shall be eligible to receive payments in accordance with the terms of the Long Term Transaction Incentive Plan adopted by Kaiser effective September 19, 2000, to be effective as of June 30, 2000 (the "Long Term Transaction Incentive Plan").

  • In addition, Kaiser shall pay, from time to time, any payment that is due under the terms of the Long Term Transaction Incentive Plan as provided in Paragraph 4(c) of this Agreement.

  • The Company has assumed the responsibility for all payments under the Long Term Transaction Incentive Plan and shall pay any amount due Employee under such plan.

  • As of the Closing, no amounts payable under any Transaction Incentive Plan or any other contract, agreement or arrangement with respect to which the Purchased Subsidiaries (or Subsidiary thereof) may have any liability could fail to be deductible for federal income tax purposes by virtue of section 280G of the Code.

  • Employee shall be eligible to receive payments in accordance with the terms of the Long Term Transaction Incentive Plan adopted by Kaiser effective September 19, 2000.

  • For purposes of this Agreement, “Actual Base Transaction Incentive Plan Amount” means the aggregate amount actually paid by the Purchased Subsidiaries and their Subsidiaries to Participants as Initial Bonuses under (and within the meaning of) the Transaction Incentive Plan.

  • On or prior to the Closing Date, Seller shall make all payments to all Buyer Transferred Employees pursuant to the FG Transaction Incentive Plan.

  • If the Expected Base Transaction Incentive Plan Amount is greater than the Actual Base Transaction Incentive Plan Amount to which employees of the Purchased Subsidiaries and their Subsidiaries become entitled and are paid in accordance with Section 4(a) of the Transaction Incentive Plan, Buyer shall pay the full amount of such excess to Seller in accordance with Section 1.04(c).

  • Employee acknowledges and agrees that any future bonus shall be in the total discretion of the Board of the Directors of Kaiser, except for: (i) the Retention Bonus described in Paragraph 4.b.; (ii) any bonus pursuant to the long term Transaction Incentive Plan described in Paragraph 4.c.; and (iii) any bonus described in Paragraph 12.

  • Employee acknowledges and agrees that any future bonus shall be in the total discretion of the Board of the Directors of Kaiser, except for: (i) any bonus pursuant to the long term Transaction Incentive Plan described in Paragraph 4.b.; and (ii) any bonus described in Paragraph 12.