Corporate Transaction Bonus Pool

Example Definitions of "Corporate Transaction Bonus Pool"
Corporate Transaction Bonus Pool. An amount of consideration equal to either: (i) five percent (5%) of the Total Consideration if the Total Consideration for a Corporate Transaction is less than $275,000,000; (ii) six percent (6%) of the Total Consideration if the Total Consideration for a Corporate Transaction is equal to or greater than $275,000,000 and less than or equal to $300,000,000; or (ii) seven (7%) of the Total Consideration if the Total Consideration for a Corporate Transaction is greater than $300,000,000.... Notwithstanding the foregoing, in the event that the aggregate amount payable to all Participants in connection with a Corporate Transaction with respect to actual shares of stock or shares of stock issuable pursuant to outstanding stock options of the Participants ("Other Equity Payments") and with respect to bonus payments that would be made under this Plan under the applicable percentage described above, exceeds 15.3% of the Total Consideration in the Corporate Transaction, the amount of the Corporate Transaction Bonus Pool shall be reduced such that when added to the Other Equity Payments, the aggregate amount payable to the Participants in a Corporate Transaction shall not exceed 15.3% of the Total Consideration. View More
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