Additional Conditions to Retention Payment. Employee acknowledges his or her obligations under the Confidentiality and Non-Competition Agreements and any other confidentiality, non-competition, non-solicitation, or assignment of intellectual property rights agreements (the “Restrictive Covenant Agreements”) that Employee has signed. Employee’s eligibility to receive the Retention Payment is conditioned upon Employee being in compliance with all provisions of such Restrictive Covenant Agreements and the terms of this Agreement through the date of payment of the Retention Payment.
Retention Payment. Subject to the terms and conditions of this Agreement, if Employee remains actively employed by the Company (or other Company Affiliate determined by the Company) until the one-year anniversary of the Effective Date, or such earlier date that the Company terminates Employee’s employment other than for misconduct or non-performance (the “Retention Period”), then Employee will be eligible to receive a retention payment in the amount of (the “Retention Payment”).
Retention Payment. Subject to satisfaction of the terms and conditions of [[Sections 2 and 3]3]]3] of this Agreement, Weyerhaeuser (or a subsidiary or affiliate thereof) will pay you a one-time retention payment in the amount of (the “Retention Payment”). If earned, Weyerhaeuser (or a subsidiary or affiliate thereof) will pay the Retention Payment in cash in a single lump sum as soon as practicable, but in no event more than 30 days, after the closing date (“Closing Date”) of a transaction involving the divestiture of all or substantially all of the Cellulose Fibers business (the “Transaction”). The Retention Payment will be in addition to any other retention or severance payments otherwise due under existing agreements and/or severance plans or programs for which you are eligible.
Additional Conditions. As a condition to any such assignment or subletting, whether or not Landlords consent is required, Landlord may require:
Additional Conditions. For any portion of the Award payable as of the Settlement Date, you must remain employed with and its Subsidiaries through the Settlement Date except as otherwise provided in paragraphs [(b) and (c)])] below. In addition, payment as of the Settlement Date is subject to your complying with the covenants set forth in paragraph # below and the additional performance-based cancellation provision set forth in paragraph # below.
Additional Payment. An additional payment in the gross amount of , which is intended to cover the cost of COBRA premiums for Employee for six months (the “Additional Payment”). The Additional Payment will be paid to Employee in one lump sum, within 30 days from the Effective Date of this Agreement. Employee understands and acknowledges that it is Employee’s responsibility to timely elect COBRA overage and make all required COBRA payments directly to the applicable insurance carrier.
Within 30 days after the second anniversary of the Closing Date, Purchaser shall prepare and deliver to Seller a statement setting forth Purchaser’s calculation of the Specified Account Net Commissions and Fees for which Purchaser has received a broker of record letter that is in full force and effect from the applicable Specified Accounts as of the second anniversary of the Closing Date (the “Estimated Specified Account Net Commissions and Fees”).
Additional Closing Conditions. As an additional condition to any advance of new funds to on or after the date of this Agreement to be evidenced by the Replacement Term Note: # must provide to evidence that it has contributed from working capital the amount of not less than 40% of the cost of any capital expenditure project financed with such advance; and # must provide a copy of its most current capital expenditure tracking report submitted to the Pennsylvania Public Utility Commission with any request for advance.
Retention. As of the date hereof, the Company hereby retains and HFG hereby agrees to be retained as the Company’s advisor during the term of this Agreement. The Company acknowledges that HFG shall have the right, at its own expense, to engage third parties to assist it in its efforts to satisfy its obligations hereunder. Except as otherwise provided for herein, HFG shall not be responsible for any costs of services of any other third parties (including but not limited to legal counsel or other financial advisors) retained directly by the Company, its management and/or shareholders. In its capacity as an advisor to the Company, HFG is hereby agrees to:
Retention Bonus. In order to induce Employee to remain in Albany’s employ and to encourage him to remain so employed through and until (the “Retention Date”), Albany agrees to pay Employee a retention incentive in the manner, and according to the terms, set forth herein.
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