Examples of Retention Letter Agreement in a sentence
The Seller shall use its reasonable best efforts to, prior to the Acceptance Date, cause each of the employees of the Seller and its subsidiaries listed on Exhibit A to this Agreement to enter into a Retention Letter Agreement with the Parent on terms and conditions reasonably acceptable to the Parent.
Executive shall be eligible to receive a bonus pursuant to the terms of the Retention Letter Agreement entered into between Executive and the Company as of the Effective Date (the “Retention Agreement”) attached hereto as Exhibit C.
This Agreement sets forth the entire agreement between Employee and Valeant concerning the termination of Employee’ s employment and supersedes any other written or oral promises concerning the subject matter of this Agreement, including, without limitation, those set forth in the Employment Agreement and the Retention Letter Agreement.
In consideration of the payments and other benefits set forth in the Retention Letter Agreement dated (the “Retention Agreement”), to which this form is attached, I, [ ], hereby furnish Vangent Inc.
The Parties agree that Employee’s employment with Valeant terminated on December 31, 2016 (the “Termination Date”) with Good Reason (as defined in the Employment Agreement and the Retention Letter Agreement and as set forth in the Transition Letter Agreement).
Valeant shall pay Employee for all legal fees and expenses Employee incurs in disputing in good faith any issue under the Retention Letter Agreement or in seeking in good faith to obtain or enforce any benefit or right provided by the Retention Letter Agreement.
Terms defined elsewhere in the Executive Retention Letter Agreement will have the same meaning throughout that Agreement.
As consideration for Executive entering into this Agreement, the Company intends to provide Executive with a “Retention Incentive” pursuant to the terms of a Retention Letter Agreement entered into by the Parties dated as of [ ], 2020.
This Agreement sets forth the entire agreement between Employee and Valeant concerning the termination of Employee’s employment and supersedes any other written or oral promises concerning the subject matter of this Agreement, including, without limitation, those set forth in the Employment Agreement and the Retention Letter Agreement.
This Agreement and the Retention Letter Agreement set forth the entire agreement and understanding between the Parties relating to the subject matter herein.