Transaction Bonus Agreements definition

Transaction Bonus Agreements means transaction bonus agreements, in the forms attached hereto as Exhibit G-1, between the Company and each Person entitled to a Promised Company Option, and Exhibit G-2, between the Company and each Person entitled to a discretionary transaction bonus, each to be paid by the Company in accordance with Section 7.7.

Transaction Bonus Agreements means those Transaction Bonus Agreements set forth on the Capitalization Schedule.

Transaction Bonus Agreements means agreements between the Company, on the one hand, and each Transaction Bonus Employee, on the other hand, pursuant to which the Company and each of the Transaction Bonus Employees agree that (i) certain amounts would be paid by the Company to each of the Transaction Bonus Employees, on the terms and subject to the conditions set forth therein, to satisfy any and all outstanding promises, agreements or obligations of the Company under the Employee Equity Agreements and (ii) other than the Transaction Bonus Payments to be made to each of the Transaction Bonus Employees, there are no other obligations or payments owed by the Company or the Sellers to the Transaction Bonus Employees.

Examples of Transaction Bonus Agreements in a sentence

• Under their respective applicable Transaction Bonus Agreements, the Chief Executive Officer received $150,000, the Vice President of Information Technology received $20,000, the Vice President of Marketing received $25,000, the Vice President of Human Resources and Labor Relations received $35,000, the Manager of Budget and Treasury received $10,000, the Vice President of Operations received $25,000, and the Vice President of Engineering, Real Estate and Construction received $25,000.

• Covered Employees who entered into Transaction Bonus Agreements were paid cash transaction bonuses in the aggregate amount of $290,000.

• Of these seventeen had Facebook pages they used for campaigning during the election.

• The Debtors do not seek any approval or affirmation with respect to the Transaction Bonus Agreements pursuant to this Motion.

• Such bonuses are also subject to repayment in full by any covered Employee who is terminated from employment with the Debtors for “Cause” (as defined in the Transaction Bonus Agreements) or in the event of a breach of any agreements with, or policies and procedures of, the Debtors prior to the consummation of a sale or similar transaction.

More Definitions of Transaction Bonus Agreements

Transaction Bonus Agreements means those agreements between the Company and certain employees of the Company or a Company Subsidiary set forth on Schedule 3.01(ix).

Transaction Bonus Agreements means the transaction bonus letter between the Seller Parent and each Key Employee dated 6 March 2024; Transaction Documents means this Agreement, the Disclosure Letter, the Transitional Services Agreement and any other documents in the Agreed Form;

Transaction Bonus Agreements means those agreements between the Company and any Bonus Recipient, which entitle such Bonus Recipient to bonus compensation as a result of the transactions contemplated by this Agreement, copies of which have been delivered to Parent. “Transaction Bonus Payments” means those payments to which the Bonus Recipients are entitled pursuant to their respective Transaction Bonus Agreements as a result of the transactions contemplated by this Agreement.

Transaction Bonus Agreements means those certain Transaction Bonus and Release Agreements by and between the Company and each of [***], each of which is in a form that has been approved by the Buyer.

Transaction Bonus Agreements any and all Contracts, employee benefit plans, programs, arrangements and policies, written or oral, pursuant to which the Transaction Bonuses are payable, including any amendments or modifications thereof, true and correct copies of which have been provided to Parent.

Transaction Bonus Agreements means (a) the Agreement, by and between Xxxxxxx Xxxxxxx and the Company, dated Xxxxx 00, 0000, (x) the Employment Agreement, by and between the Company and Xxxxxx Xxxxxxx, dated August 1, 2013 and (c) the Employment Agreement, by and between the Company and Xxxxxx Xxxx, dated March 1, 2013.

Transaction Bonus Agreements means the cash award agreements entered into by Seller with Jxxxxxx Xxxxx on May 18, 2018, with Cameron Ireland on June 8, 2018 (but only with respect to any Cash Award, Termination Payment, or, with respect to a termination prior to the Closing Date, enhanced redundancy payable thereunder), with Exxx Xxxxxx on May 18, 2018, with Dxxxxxxx Xxxxxx on June 8, 2018 , with Nxxx Xxxxxx on June 8, 2018, and with Jxxxxx Xxxxxxx on June 8, 2018 (but only with respect to any Cash Award, Termination Payment or, with respect to a termination prior to the Closing Date, enhanced redundancy payable thereunder), and any other Benefit Plan which provides for payment or benefits based solely upon the consummation of the transactions contemplated by this Agreement.