0001193125-10-093437 Sample Contracts

Re: Retention Bonus Letter Agreement
Letter Agreement • April 26th, 2010 • Salary. Com, Inc. • Services-prepackaged software

As you know, Salary.com, Inc. (the “Company”) is currently operating under the direction of an Interim Chief Executive Officer (the “Interim CEO”). Among other things, the Interim CEO is overseeing a search for the Company’s regular Chief Executive Officer (the “New CEO”). At this time, the Company believes that your assistance with the search efforts and your service during that transitional period that will follow the New CEO’s commencement of employment (the “New CEO Commencement Date”) is important to the Company and its business goals. To incent you to remain actively employed with the Company at least through the end of this transitional period, the Company is offering you the opportunity to receive a “Retention Bonus” as set forth below. This Letter Agreement is supplemental to and not in lieu of your and the Company’s rights and obligations pursuant to the April 1, 2008 Employment Offer Letter as amended by the December 31, 2008 Amendment to Employment Offer Letter (collectivel

AutoNDA by SimpleDocs
EMPLOYMENT AGREEMENT
Employment Agreement • April 26th, 2010 • Salary. Com, Inc. • Services-prepackaged software • Massachusetts

This Employment Agreement (“Agreement”) is made as of the 12th day of April, 2010, between Salary.com, Inc. (the “Company”), and Paul R. Daoust (the “Executive”).

Time is Money Join Law Insider Premium to draft better contracts faster.