Retention Bonus Payments definition

Retention Bonus Payments means the payments to be made by the Company at Closing and approximately three months following the closing pursuant to the Retention Bonus Plan to certain employees of the Company in up to the amounts set forth in item 10 of Schedule 4.13(h) (as amended by EXHIBIT B).

Retention Bonus Payments means the aggregate amount of retention bonuses actually paid by the Company pursuant to the Retention Bonus Agreements which have been entered into and which are in full force and effect at the time of such payment.

Retention Bonus Payments has the meaning given to it in Clause 15.17(b);

Examples of Retention Bonus Payments in a sentence

• Should Chobani implement a long term incentive program, these Retention Bonus Payments would cease.

• The Company agrees to provide you with a cash retention incentive equal to 50% of your annual base salary (the “Retention Bonus”) in two lump sum cash payments on the dates listed below if you are employed by the Company on such dates: December 30, 2016 50% of your Retention BonusJuly 1, 2017 50% of your Retention Bonus Payments will be adjusted to reflect any salary increase in effect following the date of this letter.

• New York, New York 10012 T(212) 364 6490 chobani.com Jason Blaisure Dear Jason, AUGUST 2018 We are pleased to inform you of our decision to award you with Retention Bonus Payments, as a component of your Total Compensation package.

• The amount of Retention Bonus Payments to be made to this Tier 1 employee will be $270,000.

• Notwithstanding any other provision of this Agreement to the contrary, you shall not be entitled to receive any payments under this 3/9 Agreement (including, but not limited to, the Retention Bonus Payments, the Spin Bonus, the Sale Bonus and the Termination Bonus) if the Company, Purchaser or SpinCo, as applicable, terminates your employment for Cause.

More Definitions of Retention Bonus Payments

Retention Bonus Payments mean the retention bonuses payable pursuant to the form Retention Bonus Letter, attached hereto as Schedule C, to certain Transferred Business Employees in the amounts as set forth on Schedule 9.1(e) to the Seller Disclosure Letter.

Retention Bonus Payments means both the First Retention Bonus and the Second Retention Bonus, as such terms are defined in Subsections 1(a) and (b), respectively.

Retention Bonus Payments means those retention bonuses payable in the amounts and to the individuals set forth in Schedule F, by Fission or Xxxxxxx, as the case may be;

Retention Bonus Payments means an aggregate amount of up to CAD$5,596,041 in retention bonuses payable in the amounts and to the individuals set forth in Schedule F of the Arrangement Agreement;

Retention Bonus Payments means the amount actually paid under the terms of the Retention Bonus Agreements due to employees being employed on December 31, 2013 (“2013 Bonus Payments”) and December 31, 2014 (“2014 Bonus Payments”).

Retention Bonus Payments means the retention bonus payable to (i) each Key Employee in an amount equal to [***] on the date that is [***] months after the Closing Date, assuming continued employment with the Buyer or the Company through such date and (ii) each Non-Key Employee in an amount equal to [***] of such Non-Key Employee’s salary on the date that is [***] months after the Closing Date, assuming continued employment with the Buyer or the Company through such date.

Retention Bonus Payments means the aggregate amount of the retention bonus payments made to each of (i) Xxxxxx Xxxxxx, (ii) Xxxxxx X. Xxxxxxxxx, (iii) Xxxxxxx Xxxxxx, (iv) Xxxx Xxxxx, (v) Xxxx Xxxxxxxx and (vi) Xxxxxxxx Xxxxx, pursuant to the terms and conditions of the applicable Employment Agreement.