Retention Trigger definition
Examples of Retention Trigger in a sentence
Alternatively, if Employee’s employment with the Company is terminated by the Company without Cause, by the Employee for Good Reason, or due to the Employee’s death or Disability prior to December 31, 2024, (each a “Retention Trigger”), then Employee is entitled to receive the Retention Payment within sixty (60) days of the Retention Trigger.
In the event Employee’s employment with the Company is terminated other than due to a Retention Trigger prior to the Retention Date, the Retention Payment shall be forfeited, and no amount shall be payable pursuant to this Section 6.
Alternatively, in the event of a Change in Control or ▇▇▇▇▇▇▇▇▇▇’▇ employment with the Company is terminated by the Company without Cause, by ▇▇▇▇▇▇▇▇▇▇ for Good Reason, or due to ▇▇▇▇▇▇▇▇▇▇’▇ death or disability prior to December 31, 2024 (each a “Retention Trigger”), ▇▇▇▇▇▇▇▇▇▇ is entitled to receive the Retention Payment within sixty (60) days of the Retention Trigger.
In the event ▇▇▇▇▇▇▇’▇ employment with the Company is terminated (other than due to a Retention Trigger) prior to the Retention Date, the Retention Payment shall be forfeited, and no amount shall be payable pursuant to this Section 5.
In the event Dee’s employment with the Company is terminated (other than due to a Retention Trigger) prior to the Retention Date, the Retention Payment shall be forfeited, and no amount shall be payable pursuant to this Section 5.
Alternatively, in the event of a Change in Control or ▇▇▇▇▇▇▇’▇ employment with the Company is terminated by the Company without Cause, by ▇▇▇▇▇▇▇ for Good Reason, or due to ▇▇▇▇▇▇▇’▇ death or disability prior to December 31, 2024 (each a “Retention Trigger”), ▇▇▇▇▇▇▇ is entitled to receive the Retention Payment within sixty (60) days of the Retention Trigger.
In the event ▇▇▇▇▇▇▇▇▇▇’▇ employment with the Company is terminated (other than due to a Retention Trigger) prior to the Retention Date, the Retention Payment shall be forfeited, and no amount shall be payable pursuant to this Section 5.
Alternatively, in the event of a Change in Control or Dee’s employment with the Company is terminated by the Company without Cause, by Dee for Good Reason, or due to Dee’s death or disability prior to December 31, 2024 (each a “Retention Trigger”), Dee is entitled to receive the Retention Payment within sixty (60) days of the Retention Trigger.