Common use of Retention Payment Clause in Contracts

Retention Payment. Subject to the terms and conditions of this Agreement, the Company shall pay to Executive the Retention Payment, less withholding for all applicable taxes, in a single lump sum within thirty (30) days following the Retention Date, provided that, except as otherwise provided in Section 2 and Section 3 hereof, Executive is employed by the Company on the Retention Date.

Appears in 8 contracts

Samples: Retention Agreement (Select Interior Concepts, Inc.), Retention Agreement (Select Interior Concepts, Inc.), Retention Agreement (Select Interior Concepts, Inc.)

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Retention Payment. Subject to the terms and conditions of this Agreement, the Company shall pay to Executive the Retention Payment, less withholding for all applicable taxestaxes and other similar items, in a single lump sum within thirty (30) days following the Retention Retirement Date, provided that, except as otherwise provided in Section 2 and by Section 3 hereof, Executive is employed by the Company on the Retention Retirement Date.

Appears in 1 contract

Samples: Retention and Consulting Agreement (GMS Inc.)

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