Bonus Letter Sample Contracts

Gse Holding Inc. – Amendment No. 1 to Sale Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the Sale Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) William F. Lacey (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the Sale Bonus Letter Agreement (as defined below).

Gse Holding Inc. – Amendment No. 1 to Sale Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the Sale Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) Mark C. Arnold (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the Sale Bonus Letter Agreement (as defined below).

Gse Holding Inc. – Amendment No. 1 to Sale Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the Sale Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) Jeffery D. Nigh (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the Sale Bonus Letter Agreement (as defined below).

Gse Holding Inc. – Amendment No. 1 to Sale Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the Sale Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) Gregg Taylor (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the Sale Bonus Letter Agreement (as defined below).

Gse Holding Inc. – Amendment No. 1 to Sale Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the Sale Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) Peter R. McCourt (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the Sale Bonus Letter Agreement (as defined below).

Gse Holding Inc. – Amendment No. 1 to Ipo Bonus and Dividend Bonus Letter Agreement (December 6th, 2011)

This Amendment No. 1 to the IPO Bonus and Dividend Bonus Letter Agreement (this Amendment) is entered into as of December 2, 2011, by and between (i) Mark C. Arnold (you) and (ii) GSE Holding, Inc. (the Company). You and the Company are collectively referred to herein as the Parties and individually as a Party. Unless otherwise specified herein, capitalized terms used in this Amendment have the meanings set forth in the IPO Bonus and Dividend Bonus Letter Agreement (as defined below).

Utstarcom, Inc. Amendment to Viraj Patel Special Bonus Letter (March 2nd, 2009)

Viraj Patel (Employee) and UTStarcom, Inc. (the Company, and together with Employee, the Parties) desire to amend the special bonus letter between the Parties dated November 1, 2008 (the Letter) to bring the Letter into documentary compliance with Section 409A of the Internal Revenue Code of 1986, as amended (the Code) and the final regulations and official guidance promulgated thereunder (together, Section 409A), for good and valuable consideration, as follows:

Executive Management Special Bonus Letter (January 18th, 2008)

As you are aware, we are in the process of evaluating potential strategic options for the company. As a key employee of Kraton Polymers LLC (Kraton), your continued effort in managing your area of responsibility during this interim period is important. Therefore, we are pleased to offer you the opportunity to receive a special bonus, payable in two tranches, subject to certain conditions as set forth below (the Special Bonus) in an aggregate amount of $ , with the expectation that you will remain an employee of Kraton through the dates specified below. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the TJ Chemicals Holdings LLC 2004 Option Plan, as amended.

Bedford Property Investors – [Form of Transaction Bonus Letter] (February 13th, 2006)

Bedford Property Investors, Inc., a Maryland corporation (the Company), considers it essential to foster the continuous employment of the key employees of the Company. In this connection, the Board of Directors of the Company (the Board) recognizes that, in view of the Companys current desire to merge with another corporation, the possibility of a change of control of the Company exists and that possibility, and the uncertainty and questions that it may raise, could result in your departure or distraction to the detriment of the Company. Accordingly, on behalf of the Board, I am pleased to inform you that you have been selected by the Board as a key employee eligible to receive the Transaction Bonus and continued healthcare benefits described below.

Bedford Property Investors – [Form of Transaction Bonus Letter] (February 13th, 2006)

Bedford Property Investors, Inc., a Maryland corporation (the Company), considers it essential to foster the continuous employment of the key employees of the Company. In this connection, the Board of Directors of the Company (the Board) recognizes that, in view of the Companys current desire to merge with another corporation, the possibility of a change of control of the Company exists and that possibility, and the uncertainty and questions that it may raise, could result in your departure or distraction to the detriment of the Company. Accordingly, on behalf of the Board, I am pleased to inform you that you have been selected by the Board as a key employee eligible to receive the Transaction Bonus and continued healthcare benefits described below.

Form of Success Bonus Letter (April 29th, 2005)

As you know, Toys R Us, Inc. (the Corporation) has been undergoing a strategic review in which we are exploring a number of possible business strategies, including the separation of the toy and babies businesses. In your role as a member of the Executive Committee, you have played and will continue to play a critical role in this process, up to and including the time when the toys and babies businesses are separated.