Common use of Retention Bonus Clause in Contracts

Retention Bonus. The Company shall pay Executive a retention bonus in an amount equal to $50,000 on the Effective Date and on each of the first and second anniversaries of the Effective Date, subject to his continued employment with the Company on each applicable payment date.

Appears in 2 contracts

Samples: Employment Agreement (Iridium Communications Inc.), Employment Agreement (Iridium Communications Inc.)

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Retention Bonus. The Company shall pay Executive a retention bonus in an amount equal to $50,000 on the Effective Date February 15, 2019 and on each of the first and second anniversaries of the Effective Datethereof, subject to his her continued employment with the Company on each applicable payment date.

Appears in 1 contract

Samples: Employment Agreement (Iridium Communications Inc.)

Retention Bonus. The Company shall pay the Executive a retention bonus in an the amount equal to of $50,000 on 206,700.00 (the Effective Date and on each of “Retention Bonus”), so long as the first and second anniversaries of the Effective Date, subject to his continued employment Executive remains continuously employed with the Company on each applicable payment dateor its Affiliates throughout the Retention Bonus Period.

Appears in 1 contract

Samples: Executive Retention Bonus Agreement (Inspire Pharmaceuticals Inc)

Retention Bonus. The Company shall pay the Executive a retention bonus in an the amount equal to of $50,000 on 812,500.00 (the Effective Date and on each of “Retention Bonus”), so long as the first and second anniversaries of the Effective Date, subject to his continued employment Executive remains continuously employed with the Company on each applicable payment dateor its Affiliates throughout the Retention Bonus Period.

Appears in 1 contract

Samples: Executive Retention Bonus Agreement (Inspire Pharmaceuticals Inc)

Retention Bonus. The Company shall pay the Executive a retention bonus in an the amount equal to of $50,000 on 270,000.00 (the Effective Date and on each of “Retention Bonus”), so long as the first and second anniversaries of the Effective Date, subject to his continued employment Executive remains continuously employed with the Company on each applicable payment dateor its Affiliates throughout the Retention Bonus Period.

Appears in 1 contract

Samples: Executive Retention Bonus Agreement (Inspire Pharmaceuticals Inc)

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Retention Bonus. The Company shall will pay Executive a retention bonus in an the amount equal of $150,000 on the date that is 12 months from the Effective Date (the “Bonus Payment Date”), subject to $50,000 on the Executive’s continued service with the Company between the Effective Date and on each of the first and second anniversaries of the Effective Bonus Payment Date, subject to his continued employment with the Company on each applicable payment date.

Appears in 1 contract

Samples: Employment Agreement (Rambus Inc)

Retention Bonus. The Company shall pay the Executive a retention bonus in an the amount equal to of $50,000 on 398,437.50 (the Effective Date and on each of “Retention Bonus”), so long as the first and second anniversaries of the Effective Date, subject to his continued employment Executive remains continuously employed with the Company on each applicable payment dateor its Affiliates throughout the Retention Bonus Period.

Appears in 1 contract

Samples: Executive Retention Bonus Agreement (Inspire Pharmaceuticals Inc)

Retention Bonus. The Company shall pay to the Executive a retention bonus in an amount equal to of $50,000 1,000,000 (the "Retention Bonus") on the Effective Date and on each of the first and second anniversaries anniversary of the Effective Date, subject to his continued employment with the Company on each applicable payment date.

Appears in 1 contract

Samples: Employment Agreement (M&t Bank Corp)

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