Transition Bonuses definition

Transition Bonuses means any amount paid or payable to employees as retention or transition bonuses.
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Transition Bonuses has the meaning set forth Section 5.16(b). "Vendor Prepaid Amount" has the meaning set forth in Section 2.7(e). "Vendor Prepaid Payment" has the meaning set forth in Section 1.12(d). The following terms are defined in the following Sections: Account Executive Meeting 5.5(b) Account Executives 2.25(d) Accounts Receivable 2.7(d) Affiliate Transaction 2.20 Agreement Preamble Books and Records 1.2(i) Buyer Preamble Company Preamble Company Intellectual Property 2.10(c) Company Real Property 2.21 Company Transition Costs 5.16(a) Confidential Information 5.2(a) Expenses 7.6 Financial Statements 2.7(a) Laws 2.5(b) NetSuite Agreement 1.2(h) Pella 1.3(c) Proceedings 2.12 Purchased Assets 1.2 Real Property Leases 2.11(i) Schedule Supplement 5.21 Transaction Documents 2.2 Transition Period 5.16(a) Transition Services 5.16(a) Transitional Employees 5.16(a) Use Expenses 5.17 Use Period 5.17
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Transition Bonuses means the $3.1 million payable to Applicable Employees who will be Transferred Employees pursuant to those certain letters to individual Employees, dated January 26, 1996 in connection with their commitment to stay with the Business during the repositioning." and to move such definition before the definition of "Unaudited Balance Sheet" therein.
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Examples of Transition Bonuses in a sentence

  • The Transition Bonuses shall be paid in a lump sum on March 1st, 2024 (the “First Transition Bonus”) and May 1st, 2024, provided that Executive is employed by the Company on such dates, except as otherwise provided herein.

  • The Board and the Compensation Committee must make their determination of whether one or more Transition Bonuses is payable for the Second Performance Period between May 5, 2011 and May 15, 2011 and if one or more Transition Bonuses is determined to be payable, the Company shall pay such Transition Bonus(es) on or before May 15, 2011.

  • The supporting characters are equally fleshed out, each having a pivotal role in driving the narrative and adding depth to the narrative world.

  • In no event shall the aggregate sum of the Fees and the Transition Bonuses (assuming that all of the Transition Bonuses described in Schedule E have been paid in full) actually paid or payable from the Closing to December 31, 2003 exceed the CY2003 Cap described in Schedule C.

  • The Pass Through Expenses will be excluded from the CY2003 Cap and the Jan2004 Cap, and for the purposes of this Section only (notwithstanding Section 1.3), the Transition Bonuses will be excluded from the Pass Through Expenses.

  • As of December 31, 2010, the Operator shall have set aside cash in a segregated account of not less than One Million Two Hundred Ninety-Two Thousand One Hundred and Ninety-Nine Dollars (US$1,292,199), which is the full sum of the Retention Payments and the Transition Bonuses and is to be used solely for the payment in full of the Retention Payments and the Transition Bonuses provided for in Section 6.7.

  • Employee’s right to receive all or any part of each of the Transition Bonuses shall be subject to the complete discretion of the Board and the Compensation Committee, taking into consideration such factors as they may deem relevant.

  • Monthly Transition Bonuses for pilots (outlined in Appendix of Letter of Understanding Re: Transfer of will be included in the monthly salary in the calculations of above.


More Definitions of Transition Bonuses

Transition Bonuses. Upon the Effective Date, you will receive a bonus (“Bonus #1”) in the amount of $50,000. Upon the earlier of (i) the successful hiring and transition (not less than 90 days unless agreed by the CEO) of a permanent CFO or (ii) September 1, 2009, you will receive a bonus (“Bonus #2”) in the amount of $125,000.
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Related to Transition Bonuses

  • Retention Bonus means an incentive bonus provided under

  • 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;

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.