Retention Bonus Amount. You shall be eligible to receive a retention bonus in an amount equivalent to $ subject to the conditions and on the dates set forth below (the “Retention Bonus”).
Retention Bonus Amount. The Company shall pay to Employee a total amount of $500,000.00, less applicable state and federal taxes and withholdings, as a Retention Bonus if Employee remains employed during the entire Retention Period and complies with all other conditions stated in this Agreement and otherwise meets all conditions precedent to earn the Retention Bonus. The Retention Bonus shall be subject to standard withholdings.
Retention Bonus Amount. The Retention Bonus will be payable in two equal installments, in the aggregate amount of $676,800.00, less applicable taxes and other withholdings and deductions as required by law or the policies of the Company. The Retention Bonus will be payable as follows, subject to satisfaction of the conditions set forth below: a. Fifty percent (50%) of the Retention Bonus will be paid to you within 30 days after the First Payment Schedule Date; and b. Fifty percent (50%) of the Retention Bonus will be paid to you within 30 days after the Second Payment Schedule Date. 3.
Retention Bonus Amount. Lump sum payment equal to nine months of your base salary plus 75% of your target bonus for this year, reduced by applicable withholding taxes. Severance Amount: Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this year, reduced by applicable withholding taxes. New Option Grant: 40,000 shares of Preview Systems common stock at a price per share of $2.6562 Accelerated Vesting: • 100% of the new grant (described above) • 100% of 1998 grant numbers 144, 145, 62, and 68 • 50% of other previously unvested options or unvested stock subject to repurchase Conditions for Receipt of the Retention Bonus: You will receive the Retention Bonus if One of the following circumstances applies to you: • You continue in the active full time employment of Preview until June 30, 2001; or • You are terminated from your employment by Preview other than for cause before June 30, 2001; or • You accept an offer of employment with an acquiring company by June 30, 2001, providing for base salary at least equal to your current base salary and not requiring a change in location of your place of work in excess of 50 miles from your current place of work. And you meet each of the following conditions: • You maintain the confidentiality of this Retention Bonus offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release. Conditions for Receipt of the Severance Amount: • Your employment with the Company is terminated by the Company other than for cause.* And you meet each of the following conditions: • You maintain the confidentiality of this Severance offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release. * Your employment with the Company will be terminated on or before June 30, 2001at the discretion of the Company. Condition for Receipt of Accelerated Vesting: You will receive the Acceleration of Vesting on the earlier of the following events: • You are employed by the Company immediately prior to the closing of a transaction involving the sale of substantially all of the Company’s assets or the acquisition of more than 50% of the voting shares of the Company’s stock. • Termination of your employment other than for cause, and you sign and return a general release of claims. Preview Systems, Inc. By: Title: President & ...
Retention Bonus Amount. The amount of the Retention Bonus payable to the Employee provided the Employee fulfills the conditions set forth in paragraph 1 above shall be $50,000.
Retention Bonus Amount. Lump sum payment equal to six months of your base salary plus 50% of your target bonus for this year, reduced by applicable withholding taxes. Severance Amount: Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this year, reduced by applicable withholding taxes. Options Grant: 50,000 shares of Preview Systems common stock at a price per share of $2.6562 Accelerated Vesting: • 100% of new grant • 50% of previously unvested options or unvested stock subject to repurchase Conditions for Receipt of the Retention Bonus: You will receive the Retention Bonus if One of the following circumstances applies to you: • You continue in the active full time employment of Preview on the Retention Bonus payment dates specified below; or • You are terminated from your employment by Preview other than for cause before July 31, 2001. And you meet each of the following conditions: • You maintain the confidentiality of this Retention Bonus offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release.
Retention Bonus Amount. Lump sum payment equal to six months of your base salary plus 50% of your target bonus for this year, reduced by applicable withholding taxes. Severance Amount: Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this year, reduced by applicable withholding taxes. Incentive Bonus Amount: Lump sum payment equal to nine months of your base salary, reduced by applicable withholding taxes. Accelerated Vesting: 50% of unvested options or unvested stock subject to repurchase Conditions for Receipt of the Retention Bonus: You will receive the Retention Bonus if One of the following circumstances applies to you: • You continue in the active full time employment of Preview until June 30, 2001; or • You are terminated from your employment by Preview other than for cause before June 30, 2001. And you meet each of the following conditions: • You accept an offer of employment with an acquiring company made before June 30, 2001, providing for base salary at least equal to your current base salary and not requiring a change in location of your place of work in excess of 50 miles from your current place of work. • You maintain the confidentiality of this Retention Bonus offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release. Conditions for Receipt of the Severance Amount: • Your employment with the Company is terminated by the Company other than for cause, and other than on account of your commencement of employment with an acquiring company. And you meet each of the following conditions: • You maintain the confidentiality of this Severance offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release.
Retention Bonus Amount. At least 10 days prior to the Closing, the Seller shall deliver to the Purchaser a schedule setting forth the aggregate payments to be made under the bonus pool arrangements specified on Schedule 8.01(m), including excise tax payments thereon (the "Retention Bonus Amount").
Retention Bonus Amount. Lump sum payment equal to twelve months of your base salary plus 100% of your target bonus for this year, reduced by applicable withholding taxes. Severance Benefits: • Lump sum payment equal to six months of your base salary plus 50% of your target bonus for this year, reduced by applicable withholding taxes. • Up to a maximum amount of $5,000 in reimbursement for fees incurred in obtaining tax or financial accounting advice with respect to this Agreement. • Coverage under the Company’s director and officer liability insurance program for a period of 3 years following the termination date, but only if and to the extent that such insurance is maintained for other officers and directors of the Company in general. • Reimbursement for COBRA coverage under the Company’s medical, dental, and vision insurance benefits at Company expense until the earlier of December 31, 2001, or the date on which you become eligible for medical insurance coverage from another employer, or the date on which COBRA coverage is no longer available under the Company’s plans. Should COBRA coverage no longer be available, the Company will purchase an individual policy providing for equivalent coverage through December 31, 2001. Accelerated Vesting: • 100% of March 2001 grant • 50% of previously unvested options or unvested stock subject to repurchase, except for grants subject to 100% accelerated vesting.
Retention Bonus Amount. Subject to the terms of this Agreement, the Executive shall be entitled to receive a retention bonus in the amount of ___ (the “Retention Bonus”) from the Company for services previously rendered to the Company and any subsidiary.
