Retention Adjustment Sample Clauses

Retention Adjustment. If you retire from Honeywell as CEO on March 31, 2017, the portion of your 2014 performance year ICP payout that was not treated as pensionable earnings ($500,000) shall be treated as pensionable earnings. Moreover, solely for purposes of determining your nonqualified pension benefit, the effective date of your resignation as CEO shall be considered your last day of employment with the Company.
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Retention Adjustment. The retention adjustment is defined as a negotiated increase that will be added to the employee’s salary. All employees who have completed their probationary period as defined by Florida Statute 1012.33 (1)(b) and were employed in the previous school year for at least one-hlaf of the contract year plus one (1) day are eligible to receive a retention adjustment. The retention adjustment will be effective as of July 1, subsequent to the conclusion of negotiations for the current school year unless negotiated otherwise.
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Retention Adjustment. The Base Purchase Price shall be decreased by (a) -------------------- 100 percent of payments made by Company pursuant to the contracts listed on Schedule 1.6(a) hereto (the "Pay to Stay Contracts"), (b) 100 percent of the --------------- payments made by Company pursuant to the contracts listed on Schedule 1.6(b) --------------- hereto (the "Management Contracts"), and (c) 50 percent of the lesser of (1) payments made by Company pursuant to any new Company retention plan that may be adopted after the Closing Date and that are to persons who are covered by the Management Contracts but do not receive payments under such contracts or (2) the amount such persons would be entitled to receive if the criteria of the Management Contracts were met. The payment for each such adjustment shall be made by Seller promptly upon receipt of notice and reasonable evidence from Company of a payment requiring the adjustment.
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Retention Adjustment. Schedule 1.1(x) June Data Tape Adjustment
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Related to Retention Adjustment

  • Consideration Adjustment The Parties agree to treat all payments made pursuant to this Article IX as adjustments to the Cash Distribution for Tax purposes, except as otherwise required by Law following a final determination by the U.S. Internal Revenue Service or a Governmental Authority with competent jurisdiction.

  • Escalation Adjustments The base airframe and special features price will be escalated according to the applicable airframe and engine manufacturer escalation provisions contained in Exhibit D of the Agreement. Buyer agrees that the engine escalation provisions will be adjusted if they are changed by the engine manufacturer prior to signing the Option Aircraft Supplemental Agreement. In such case, the then-current engine escalation provisions in effect at the time of execution of the Option Aircraft Supplemental Agreement will be incorporated into such agreement.

  • Anti-Dilution Adjustments For all purposes of this Section 3.10, the number of shares of Class A Common Stock and the corresponding number of Common Units shall be determined after giving effect to all anti-dilution or similar adjustments that are applicable, as of the date of exercise or vesting, to the option, warrant, restricted stock or other equity interest that is being exercised or becomes vested under the applicable Stock Option Plan or other Equity Plan and applicable award or grant documentation.

  • Capitalization Adjustments The number of Shares subject to the Option and the exercise price per Share shall be equitably and appropriately adjusted as provided in Section 12.2 of the Plan.

  • Annual Compensation Adjustments During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

  • Merger Consideration Adjustment Notwithstanding anything in this Agreement to the contrary, if, from the date of this Agreement until the Effective Time, the number of outstanding Shares shall have been changed into a different number of shares or a different class by reason of any reclassification, stock split (including a reverse stock split), recapitalization, split-up, combination, exchange of shares, readjustment or other similar transaction, or a stock dividend or stock distribution thereon shall be declared with a record date within said period, the Merger Consideration shall be appropriately adjusted to provide the holders of Shares the same economic effect as contemplated by this Agreement prior to such event.

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