Sentences with phrase «of the parachute payments»

Because of the parachute payments we become one of the most desirable clubs.

Next year's with the lack of parachute payments, almost non existent TV money and reduced match day income, along with an inflated wage bill will be hyster...

Not exact matches

If the payments or benefits payable to him in connection with a change in control would be subject to the excise tax on golden parachutes imposed under Section 4999 of the Internal Revenue Code, then those payments or benefits will be reduced if such reduction would result in a higher net after - tax benefit to him.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

Thats around # 2.6 billion a season to be distributed among premier league clubs (part of it will be used as parachute payments to relegated clubs).

When you add this money to the parachute payments and whatever remains of the surplus and profits recorded during the three consecutive seasons of Premier League football, Wolves must surely be the cash richest club outside the top flight?

West Bromwich Albion might be said to be a club defined by parachute payments: too good for the Championship helped by parachute payments; not good enough for the Premier League in the absence of sufficient owner funding, evidenced by repeated promotions and relegations between the two divisions in the past decade.

Although there are parachute payments and support available for relegated teams, nothing can be done to remedy damaged egos and the loss of players who don't want to slog it out for a season in a lower league.

On the pitch, things have not been much better for the Lancashire side this season and, with the parachute payments the fans and investors claim they have seen little of coming to an end, it really is time for them to sink or swim.

Backed by Tony Fernandes, and taking advantage of the ridiculously high parachute payments on offer to relegated he has got rid of the expensive foreign stars assembled in the doomed attempt to stay in the top flight last season and has brought in established players at this level, such as Charlie Austin, Gary O'Neill and Karl Henry.

Mr. Lampert continued, «In addition to the Board's unilateral expansion of «golden parachute» payments for management and its unilateral adoption of the «poison pill,» we are also concerned with the Board's apparent dismissal of the compelling transaction proposed by MediciNova.