Amount of Retention Bonus. The Retention Bonus shall be 10,000 shares of the outstanding common stock of the Company (“Shares”). Subject to Section 3 below, the Retention Bonus will be distributed in a lump sum in Shares as soon as practicable after the Retention Date.
Amount of Retention Bonus. A cash bonus of up to $332,744.00 (the “Retention Bonus”) will be payable to Recipient subject to, and conditioned upon, the provisions of Section 3.2 below.
Amount of Retention Bonus. The amount of the Employee’s Retention Bonus shall be _______ Dollars ($_______), subject to all requirements and other terms and conditions herein.
Amount of Retention Bonus. Subject to the terms and conditions of this Agreement, the Employee shall be eligible to receive a retention bonus in the amount of $100,000.00 (“Retention Bonus”).
Amount of Retention Bonus. To show our appreciation of your contribution to the success of the Merger and the integration of our companies, in addition to any other compensation that you may earn, Acquirer will pay you, subject to certain terms and conditions set forth herein, the sum of Cdn. $390,000 as a “Retention Bonus”, which will be payable in equal installments of Cdn. $97,500 on each of the first four six-month anniversaries of Closing (each, a “Retention Date”), subject to your remaining actively employed with Acquirer on the applicable Retention Date. Payment of your Retention Bonus will be subject to all applicable payroll withholdings and deductions. Except as otherwise set forth in Section 4 of this Retention Agreement, if your Employment Relationship is terminated by you or by Acquirer for any reason, with or without Cause or Good Reason, before a Retention Date, you will not receive any amount of the applicable Retention Bonus, in whole or in part, pro-rated or otherwise.
Amount of Retention Bonus. The initial retention bonus (the “Initial Retention Bonus”) will equal SIX (6) MONTHS (or 50%) of the Employee’s current annual base salary. For each Extended Retention Period (as defined below), the extra retention bonus (the “Extra Retention Bonus,” and collectively with the Initial Retention Bonus, the “Retention Bonus”) will equal TWO (2) MONTHS (or 16.67%) of the Employee’s current annual base salary. The base salary used to calculate the Retention Bonus shall include only the Employee’s monthly base salary and shall not include any other compensation such as other bonuses, commissions, stock options, or employee benefit payments.
Amount of Retention Bonus. The Retention Bonus shall be $250,000. The Retention Bonus will be paid in a lump sum cash payment on the Retention Date.
Amount of Retention Bonus. The Company shall pay Executive a retention bonus (the “Retention Bonus”) in the aggregate amount of $________,2 in two installments on the following dates (each a “Retention Date”), if Executive remains an employee of the Company through the applicable Retention Date:
Amount of Retention Bonus. To show our appreciation of your contribution to the success of the Merger and the integration of our companies, in addition to any other compensation that you may earn, Acquirer will pay you, subject to certain terms and conditions set forth herein, the sum of $360,000 as a “Retention Bonus”, which will be payable in equal installments of $90,000 on each of the first four six-month anniversaries of Closing (each, a “Retention Date”), subject to your remaining employed with Acquirer on the applicable Retention Date. Payment of your Retention Bonus will be subject to all applicable payroll withholdings and deductions. Except as otherwise set forth in Section 4 of this Retention Agreement, if your Employment Relationship is terminated by you or by Acquirer for any reason, with or without Cause or Good Reason, before a Retention Date, you will not receive any amount of the applicable Retention Bonus, in whole or in part, pro-rated or otherwise.
Amount of Retention Bonus. Employee shall be eligible to earn a cash retention bonus, subject to the conditions set forth in this Agreement, in the amount of [ ] (“Retention Bonus”), which is equal to 1.0 times the sum of Employee’s annualized base salary, plus target short-term incentive bonus as in effect as of February 1, 2022.
