BUYDOWN PAYMENTS

Example Definitions of "BUYDOWN PAYMENTS"
BUYDOWN PAYMENTS. In four equal installments of $112,500 each on the last business day of each calendar quarter during 2003 (the "BUY-DOWN PAYMENTS"); provided, however, that Executive must be employed pursuant to this Agreement on the date of 8 each such installment payment or his right to receive that and any remaining Buy-Down Payments shall be forfeited unless Executive's Employment was terminated Other Than For Cause. The Buy-Down Payments shall be subject to... withholding as provided in subsection (h) above. View More Arrow
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