Retention Letter Agreement Sample Contracts

Chief Executive Officer and Senior Vice President Winland Electronics, Inc. Re: Retention Letter Agreement Dear Mr. Lawrence:
Retention Letter Agreement • August 5th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

As we have discussed, you signed a Stay Bonus Letter Agreement previously with Winland Electronics, Inc. (the “Company”) whereby your compensation was set until June 30, 2011.

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Re: Amended and Restated Retention Letter Agreement
Retention Letter Agreement • February 29th, 2008 • optionsXpress Holdings, Inc. • Security brokers, dealers & flotation companies • Illinois

In keeping with our discussions, this letter agreement memorializes the terms of your continued retention by optionsXpress Holdings, Inc. (the “Company”). This letter amends and restates that certain Retention Letter Agreement, dated as of January 5, 2005, which shall continue is full force and effect from the date hereof as amended hereby.

Retention Letter Agreement
Retention Letter Agreement • January 17th, 2019 • Glaxosmithkline PLC • Pharmaceutical preparations

As you know, GlaxoSmithKline plc (“GSK”) has entered into that certain Agreement and Plan of Merger, dated as of December 3, 2018 (the “Merger Agreement”), among GSK, Adriatic Acquisition Corporation, an indirect wholly-owned subsidiary of GSK (“Purchaser”) and Tesaro, Inc. (“Tesaro”). Pursuant to the terms and conditions of the Merger Agreement, Purchaser has agreed to commence a cash tender offer to purchase all of the outstanding and issued shares of common stock of Tesaro (the “Transaction”).

Retention Letter Agreement
Retention Letter Agreement • August 16th, 2011 • Vangent, Inc. • Services-computer integrated systems design • Virginia

The purpose of this letter agreement (this “Letter Agreement”) is to inform you that in recognition of your contributions to the current and future value of Vangent Holding LLC and its subsidiaries (collectively, the “Vangent Companies”), including, but not limited to, Vangent Holding Corp. and Vangent, Inc., Vangent, Inc. will provide you with an enhanced retention benefit under certain terminations of employment (as described below). You are one of a select number of individuals receiving this benefit, and it is critical that you keep this Letter Agreement confidential and not discuss it with any of your colleagues.

Re: Retention Letter Agreement (the “Letter Agreement”)
Retention Letter Agreement • May 1st, 2020 • Legg Mason, Inc. • Investment advice

In connection with the transaction (the “Transaction”) by and between Legg Mason, Inc. (together with its affiliates, subsidiaries, successors and parent companies “Legg Mason”) and Franklin Resources, Inc. (together with its affiliates and subsidiaries, “Franklin”), we are pleased to offer you a retention incentive to encourage you to remain actively employed through the date of the closing of the Transaction (the “Closing” and such date, the “Closing Date”), subject to the terms and conditions set forth in this Letter Agreement. The period commencing on the date of this Letter Agreement through the Closing Date is referred to in this Letter Agreement as the “Retention Period”.

Saturday, March 31, 2007 Peter Shoemaker 16624 Sedona de Avila Tampa, FL 33613 Dear Mr. Shoemaker:
Retention Letter Agreement • April 4th, 2007 • Global Imaging Systems Inc • Wholesale-professional & commercial equipment & supplies • New York

As you know, Xerox Corporation and Global Imaging propose to enter into a merger agreement pursuant to which Xerox will acquire Global Imaging as a wholly owned subsidiary upon the closing of the merger. This offer letter provides a summary of your employment offer. The attached Letter Agreement provides additional details of the terms of your employment, and if you choose to accept this offer, requires your signature by March 31, 2007. This offer letter is contingent on your execution of the Letter Agreement. In the event of any inconsistency between the terms of this offer letter and the Letter Agreement, the terms of the Letter Agreement shall control. In the event that the merger does not close, this offer will be void and of no further force or effect.

Retention Letter Agreement
Retention Letter Agreement • January 17th, 2019 • Glaxosmithkline PLC • Pharmaceutical preparations

As you know, GlaxoSmithKline plc (“GSK”) has entered into that certain Agreement and Plan of Merger, dated as of December 3, 2018 (the “Merger Agreement”), among GSK, Adriatic Acquisition Corporation, an indirect wholly-owned subsidiary of GSK (“Purchaser”) and Tesaro, Inc. (“Tesaro”). Pursuant to the terms and conditions of the Merger Agreement, Purchaser has agreed to commence a cash tender offer to purchase all of the outstanding and issued shares of common stock of Tesaro (the “Transaction”).

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