RETENTION BONUS RECOVERY AND AUTHORIZATION FOR PAYROLL DEDUCTION AGREEMENTRetention Bonus • February 28th, 2019 • Stewart Information Services Corp • Title insurance • Texas
WHEREAS, Stewart Title Guaranty Company, referred herein as (“Stewart”) has agreed to pay a Retention Bonus to Matthew W. Morris (“Employee”) equal to the difference between Employee’s 2018 Short Term Incentive final calculation and Employee’s 2018 Target Short Term Incentive. Employee’s 2018 Target Short Term Incentive is equal to Six Hundred Thousand Dollars and No Cents ($600,000.00), subject to applicable payroll taxes as set forth herein; and,
RETENTION BONUS RECOVERY AND AUTHORIZATION FOR PAYROLL DEDUCTION AGREEMENTRetention Bonus • February 28th, 2019 • Stewart Information Services Corp • Title insurance • Texas
WHEREAS, Stewart Title Company, referred herein as (“Stewart”) has agreed to pay a Retention Bonus to David Fauth (“Employee”) equal to the difference between the Corporate portion of Employee’s 2018 Short Term Incentive final calculation and the Corporate portion of Employee’s 2018 Target Short Term Incentive. The Corporate portion of Employee’s 2018 Target Short Term Incentive is equal to One Hundred Sixty Five Thousand One Hundred Fifty Dollars and No Cents ($165,150.00), subject to applicable payroll taxes as set forth herein; and,
