Transaction Incentives definition

Transaction Incentives means all amounts payable to current or former employees of the Company and/or any Subsidiary by way of bonuses, commissions, and other incentives associated with and payable as a result of transactions contemplated under this Agreement.
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Examples of Transaction Incentives in a sentence

  • The Company and its Subsidiaries have no obligations to any of its current employees, officers or directors for any bonus, commission or similar incentive associated with and payable as a result of the sale of Shares under this Agreement or the consummation of the transactions contemplated by this Agreement, except for the Transaction Incentives.

  • Parent acknowledges that such Tax Returns shall include the Company Transaction Expenses and the Company Transaction Incentives and Bonuses as deductions (to the extent that such Company Transaction Expenses and Company Transaction and Incentives and Bonuses are otherwise deductible under applicable Law) and not on any income Tax Return filed for Parent and its Subsidiaries for Tax periods ending after the Closing Date.

  • The Company represents and warrants to Buyer that it has no obligations to any of its current employees, officers or directors for any bonus, commission or similar incentive associated with or relating to the transactions contemplated under this Agreement except for the Transaction Incentives.

  • Parent shall pay the Transaction Incentives when due and the Transaction Incentives shall be deducted from the Initial Merger Consideration.

  • Parent acknowledges that such Tax Returns shall include the Seadrift Transaction Expenses and the Seadrift Transaction Incentives and Bonuses as deductions (to the extent that such Seadrift Transaction Expenses and Seadrift Transaction Incentives and Bonuses are otherwise deductible under applicable Law) and not on any income Tax Return filed for Parent and its subsidiaries for Tax periods ending after the Closing Date.

Related to Transaction Incentives

  • Transaction Bonuses means the amount of any bonuses, incentives or commission paid or made or declared to be treated as paid or made, or to be paid or made to any director, officer, employee, agent, consultant or adviser of any Group Company at any by any Group Company in connection with, or as a result of, the Transaction, including any Taxes in respect thereof or arising thereon;

  • Bonus Payments means that portion of the bonus payments received by the

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.