Total Retention definition
Examples of Total Retention in a sentence
If the Company terminates the Executive’s employment without Cause or if the Executive terminates his employment for Good Reason (Initial Period) or Good Reason (Subsequent Period) (as such terms are defined below), the Executive shall be paid the Total Retention Bonus (less any tranche thereof previously paid by the Company to the Executive) at the time the Executive’s employment is terminated.
If the Executive’s employment is terminated for Cause (as defined below) or the Executive voluntarily resigns prior to payment of a tranche of the Total Retention Bonus, the Executive will not be eligible to receive any tranche(s) of the Total Retention Bonus due after the date of termination.
The accrued quarterly Retention Benefit shall be an amount equal to the Executive's 2001 Compensation, so that if the Executive remains employed for the entire Retention Benefit Payment Period, he would earn a Total Retention Benefit equal to two hundred percent (200%) of his 2001 Compensation.
Total Retention services provided (i.e. assisting customers in completing their Semi-Annual Reports (SAR7) or Annual Recertifications (RE), assisting with collecting and submitting necessary verifications, this includes documents submitted through ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, fax, mail etc.).
In calculating your Total Retention Bonus, your entire bonus with respect to 2001 (both the portion paid in July 2001 and the portion, if any, paid in February or March 2002) will be treated as paid in 2002, and not in 2001.
Unless expressly stated in this Agreement, the Total Retention Bonus shall not be earned unless Employee remains employed by the Company, or one of its related companies or subsidiaries, in Good Standing for the entire period between the Effective Date and the applicable Retention Period stated below.
This online course uses the Total Retention System for Medical Terminology.
In that event, Employee acknowledges and agrees that the applicable portion of the Total Retention Bonus is subject to clawback and will repay either the gross amount of the First Retention Bonus or the gross amount of the Second Retention Bonus, as applicable.
Employee is eligible to earn 50% of the Total Retention Bonus (“First Retention Bonus”) if Employee satisfies all other criteria in this Agreement and remains employed in Good Standing through December 31, 2024 (“First Retention Period”).
Employee understands and agrees that if Employee does not satisfy the criteria set forth in this Agreement, including if Employee elects to terminate employment with the Company for any reason prior to the end of the applicable Retention Period, except as expressly stated in this Agreement, Employee will not have earned the part or parts of the Total Retention Bonus for which the Retention Period has not been completed.