Retention Bonus Sample Contracts

RETENTION BONUS RECOVERY AND AUTHORIZATION FOR PAYROLL DEDUCTION AGREEMENT
Retention 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,

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RETENTION BONUS PAYBACK AGREEMENT
Retention Bonus • March 5th, 2019 • Immune Design Corp. • Pharmaceutical preparations

Immune Design Corp. (the “Company”) recognizes the importance of your continued contributions to our efforts and, as of November 7, 2018, is offering you a retention bonus of two hundred thousand dollars ($200,000) (the “Retention Bonus”), subject to the terms and conditions outlined below. Your receipt of this Retention Bonus is expressly contingent upon the Company’s receipt of this executed Payback Agreement.

Re: Retention Bonus Dear [EMPLOYEE]:
Retention Bonus • May 21st, 2021 • Kansas City Southern • Railroads, line-haul operating

As you know, Kansas City Southern (the “Company”) has agreed to merge with Canadian National Railway Company (the “Merger”). Reference is made to the Agreement and Plan of Merger, by and among Canadian National Railway Company (“Parent”), Brooklyn Merger Sub, Inc., and the Company, dated as of May 21, 2021 (the “Merger Agreement”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them as set forth in the Merger Agreement. Because your leadership is very important to the successful execution of our strategic plans, the Company is prepared to offer you the incentive arrangement described below to ensure that the Company will have the benefit of your continued employment and your strong commitment to the Company.

Retention Bonus
Retention Bonus • April 2nd, 2020 • Resources Connection Inc • Services-business services, nec

I, Tim Brackney, hereby acknowledge receipt of a retention bonus from Resources Global Professionals (“RGP”) in connection with my promotion to President & Chief Operating Officer, as reflected in my job description, in the amount of $500,000 (the “Retention Bonus”). The Retention Bonus was paid to me on August 9, 2019.

Retention Bonus
Retention Bonus • October 3rd, 2019 • Resources Connection Inc • Services-business services, nec

I, Tim Brackney, hereby acknowledge receipt of a retention bonus from Resources Global Professionals (“RGP”) in connection with my promotion to President & Chief Operating Officer, as reflected in my job description, in the amount of $500,000 (the “Retention Bonus”). The Retention Bonus will be paid to me on August 9, 2019.

Re: Retention Bonus Dear [EMPLOYEE]:
Retention Bonus • February 1st, 2022 • Kansas City Southern • Railroads, line-haul operating

As you know, Kansas City Southern (the “Company”) has agreed to merge with Canadian Pacific Railway Limited (the “Merger”). Reference is made to the Agreement and Plan of Merger by and among Canadian Pacific Railway Limited (“Parent”), Cygnus Merger Sub 1 Corporation, Cygnus Merger Sub 2 Corporation and the Company, dated as of September 15, 2021 (the “Merger Agreement”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them as set forth in the Merger Agreement. Because your leadership is very important to the successful execution of our strategic plans, the Company is prepared to offer you the incentive arrangement described below to ensure that the Company will have the benefit of your continued employment and your strong commitment to the Company.

RETENTION BONUS RECOVERY AND AUTHORIZATION FOR PAYROLL DEDUCTION AGREEMENT
Retention 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,

Kevin Ryan Re: Retention Bonus Dear Kevin:
Retention Bonus • May 11th, 2023 • Aurora Acquisition Corp. • Loan brokers

This Retention Bonus Agreement (this “Agreement”) establishes the terms of your retention bonus opportunity with Better HoldCo, Inc. its subsidiaries or assigns (“Better,” “we,” “us”). We consider your continued service and dedication to Better essential to our business. To incentivize you to remain employed with Better, we are pleased to offer you a retention bonus, approved by the Better Holdco, Inc. Board of Directors, as described in this Agreement.

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