Commitment Amount. By signing and delivering to the Company (as indicated below) a copy of this Agreement, you agree to continue your employment with the Company until the Vesting Date, and the Company agrees to make an advance payment to you of the Commitment Amount set forth in the attached Schedule A, reduced by the amount of required tax withholdings (as calculated as of the advance payment date). If you resign your employment with the Company without “Good Reason” before the Vesting Date, you agree that, within five (5) calendar days, you will pay to the Company the full amount of the Commitment Amount you received (i.e., the net amount of the Commitment Amount after reduction by all amounts withheld therefrom).
Appears in 4 contracts
Samples: Lodgenet Interactive Corp, Lodgenet Interactive Corp, Lodgenet Interactive Corp
