Examples of Retention Bonus Payments in a sentence
Should Chobani implement a long term incentive program, these Retention Bonus Payments would cease.
The Company agrees to provide you with a cash retention incentive equal to 50% of your annual base salary (the “Retention Bonus”) in two lump sum cash payments on the dates listed below if you are employed by the Company on such dates: December 30, 2016 50% of your Retention BonusJuly 1, 2017 50% of your Retention Bonus Payments will be adjusted to reflect any salary increase in effect following the date of this letter.
New York, New York 10012 T(212) 364 6490 chobani.com Jason Blaisure Dear Jason, AUGUST 2018 We are pleased to inform you of our decision to award you with Retention Bonus Payments, as a component of your Total Compensation package.
The amount of Retention Bonus Payments to be made to this Tier 1 employee will be $270,000.
Notwithstanding any other provision of this Agreement to the contrary, you shall not be entitled to receive any payments under this 3/9 Agreement (including, but not limited to, the Retention Bonus Payments, the Spin Bonus, the Sale Bonus and the Termination Bonus) if the Company, Purchaser or SpinCo, as applicable, terminates your employment for Cause.