Common use of Roll Over Clause in Contracts

Roll Over. Notwithstanding anything contained herein or in any other agreement or instrument to the contrary, other than in connection with a payment of bonus in connection with a termination from the Company, the Board may request that you roll up to thirty percent (30%) of the after-tax proceeds from your 2014 Bonus and any 2015 Bonus into a capital contribution to CFCap Holdings or the Surviving Company, as applicable.

Appears in 1 contract

Sources: Employment Agreement (Flagship Credit Corp.)

Roll Over. Notwithstanding anything contained herein or in any other agreement or instrument to the contrary, other than in connection with a payment of bonus in connection with a termination from the Company, the Board may request that you roll up to thirty percent (30%) of the after-tax proceeds from your 2014 Bonus and any 2015 Bonus into a capital contribution to CFCap Holdings or the Surviving CompanyCompany or CFCap Holdings, as applicable.

Appears in 1 contract

Sources: Employment Agreement (Flagship Credit Corp.)