Vested Bonus definition

Vested Bonus means (i) (A) the Bear Bonus Amount if the Executive has fulfilled the conditions for being paid such bonus and it remains unpaid and (B) the Cityscape Bonus Amount if the Executive has fulfilled the conditions for being paid such bonus and it remains unpaid and (ii) (A) the Bear Bonus Amount if (x) the Executive dies, becomes disabled or is terminated without cause pursuant to Section 8(a) or 8(b) hereof, (y) the Executive or his estate delivers to the Company a bona fide bid (such bid must be in writing, and not subject to any undeliverable condition and meets the other conditions set forth in Section 4(a) hereto) from Credit Suisse First Boston or Bear ▇▇▇▇▇▇▇ & Co., Inc., within 10 business days of any such Termination and (z) the amount of any bid relating to the Bear Target Amount, together with any applicable net cash proceeds previously received in respect of the Bear Target Amount, equals or exceeds the then current Bear Target Amount, and (B) the Cityscape Bonus Amount if (x) the Executive dies, becomes disabled or is terminated without cause pursuant to Section 8(a) or 8(b) hereof, (y) the Executive or his estate delivers to the Company a bona fide bid (such bid must be in writing, and not subject to any undeliverable condition and meets the other conditions set forth in Section 4(a) hereto) from Credit Suisse First Boston or Bear ▇▇▇▇▇▇▇ & Co., Inc., within 10 business days of any such Termination and (z) the amount of any bid relating to the Cityscape Target Amount, together with any applicable net cash proceeds previously received in respect of the Cityscape Target Amount, equals or exceeds the then current Cityscape Target Amount.
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Vested Bonus means the Remaining Subordinated Bond Bonus determined by the Company in its reasonable judgment based on the estimated value of the Remaining Subordinated Bonds on or about the date of termination and the term “Termination Book Value Bonus” shall mean the Book Value Bonus determined by the Company in its reasonable judgment at the end of the most recently ended monthly period occurring immediately prior to Executive being terminated (or the Employment Term expiring) and based on the unaudited financial information prepared by the Company in the ordinary course.
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Vested Bonus means, as of any date of determination, any bonus not ------------ yet paid to an employee of the Company to the extent that all conditions precedent to the payment thereof have been satisfied.
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Examples of Vested Bonus in a sentence

  • The Executive's Vested Bonus Amount pursuant to the preceding sentence shall be promptly paid to the Executive at the date on which such bonus would have been paid pursuant to such plan or program if no Change in Control had occurred.

  • Any Transfer of Vested Bonus Shares shall comply in all respects with applicable law and any trading policies established by the Parent or the Company.

  • Executive Management Committee's Management Bonus Program for such year, or under any other management incentive plan or program in effect in such year, as if 100% of all objectives provided for thereunder had been met for that year (the "Vested Bonus Amount").

  • Except to the extent ------------------------------ that the Company has previously paid to the Executive all or a portion of his Vested Bonus Amount pursuant to Section 2.5 hereof, the Company shall pay to the Executive a lump sum cash payment equal to the Executive's Vested Bonus Amount.

  • Employee shall be entitled to dividends paid or declared on Vested Bonus Shares, for which the record date is prior to a Vesting Date.

  • Appropriate adjustments shall be --------------------------------- made to the number of Vested Bonus Shares to reflect any Withholding Election made by Employee.

  • In the event of a Trigger Event following a Qualifying Termination of Service, Executive's Then Effective Ownership Percentage shall equal the product of: - the quotient of (x) the Vested Bonus Equivalent divided by (Y) the Total Shares of Common Stock Outstanding; - multiplied by, the Applicable Conversion Ratio for the Terminal Equity Value.

  • In the event of a Trigger Event following a Qualifying Termination of Service, Executive's Then Effective Ownership Percentage shall equal the product of: o the quotient of (x) the Vested Bonus Equivalent divided by (Y) the Total Shares of Common Stock Outstanding; o multiplied by.

  • Except to the ------------------------------ extent that the Company has previously paid to the Executive all or a portion of his Vested Bonus Amount pursuant to Section 2.5 hereof, the Company shall pay to the Executive a lump sum cash payment equal to the Executive's Vested Bonus Amount.

  • Any Transfer of Vested Bonus Shares shall comply in all respects with applicable law and any trading policies established by the Parent or the Company and communicated to you.

Related to Vested Bonus

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • 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.

  • Retention Bonus means an incentive bonus provided under