Retention Incentive Payment definition

Retention Incentive Payment means an amount equal to two (2) times your annual base salary as in effect on the Closing Date or the First Closing Date, as applicable.
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Retention Incentive Payment. If Employed Through: Payable By:
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Examples of Retention Incentive Payment in a sentence

  • The Company further agrees that if the requirements of subsection 2(b)(i) are not satisfied, the City shall not be obligated to remit the Retention Incentive Payment to the Company as required by this subsection 2(b).

  • The Retention Incentive Payment shall be based on the Nurse’s annual base wage for the Nurse’s documented minimum commitment.

  • The Company agrees and acknowledges that the Retention Incentive Payment provided for in subsection 2(b)(i) is being made by the City to the Company in consideration for the Company’s agreement to lease or purchase the Facility and retain and expand its non-clinical office and its associated non-clinical operations and workforce, and to retain and create employment opportunities, all within the City.

  • The Company agrees and acknowledges that the Retention Incentive Payment provided for in subsection 2(b)(i) is being made by the City to the Company in consideration for the Company’s agreement to lease the Facility and retain and expand an office and its associated operations and workforce, and to retain and create employment opportunities, all within the City.

  • Regular Nurses and Relief Nurses are eligible for the Retention Incentive Payment.

  • Retention Incentive Payment: SHC shall pay all Nurses who are employed at SHC as of the ratification date and who continue to be employed at SHC until a year from the date of the ratification, in addition to the base wage increases set forth below, a single lump sum payment of one percent (1%) of wages for the twelve-month period beginning on the date of ratification.

  • The Company agrees and acknowledges that the Retention Incentive Payment provided for in subsection 2(b)(i) is being made by the City to the Company in consideration for the Company’s agreement to lease a facility and retain and expand an office and its associated operations and workforce, and to retain and create employment opportunities, all within the City.

  • The Company further agrees that if the requirements of subsections 2(b)(i) and 2(c) are not satisfied, the City shall not be obligated to remit the Retention Incentive Payment to ▇▇▇▇▇▇▇ Controls Fire Protection as required by this subsection 2(b).

  • This Agreement supercedes all prior agreements and understandings (including verbal agreements) between Executive and the Company and/or its affiliates regarding the terms and conditions of Executive’s employment with the Company and/or its affiliates including, without limitation, the letter agreement dated February 4, 2004, between the Executive and ▇▇▇▇ Corporation (other than with respect to the Retention Incentive Payment (as defined therein)).

  • If your employment is terminated by the Buyer without Cause prior to the date that the payment is due, you shall be entitled to receive the Retention Incentive Payment.