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2242749 Ont Ltd. AIIFF

"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."


GREY:AIIFF - Post by User

Comment by duckdog68on Apr 29, 2015 12:27pm
348 Views
Post# 23676506

RE:Copy of court order..

RE:Copy of court order..Hmm.. $3.83 million "Key Employee Retention Plan".  
 
41. THIS COURT ORDERS that the Armtec Companies are hereby authorized and directed to pay
the key employee retention payments and bonus (the "KERP") as described at Tab "1" of the
Confidential Supplement (the "Confidential Supplement"), filed.
42. THIS COURT ORDERS that the key employees entitled to the KERP shall be entitled to the
benefit of and are hereby granted a charge (the "KERP Charge) on the Property, which charge shall
not exceed an aggregate amount of $3.83 million, to secure the amounts payable pursuant to the KERP.
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