Retention Consideration. In consideration for the Executive (A) remaining employed with the Company throughout the Retention Period, and (B) performing the duties described in Section 2, Executive will retain the title of Chief Operating Officer and will receive the following:
Retention Consideration. Section 3 of the Retention Agreement is hereby amended to add the following new clause (g):
Retention Consideration. 4.1 Subject to the remainder of this clause 4, on the date falling twenty-four (24) months after the Completion Date (the “Retention Date”), the Purchaser shall pay to Comtrade the sum of EUR 6,000,000.00 (six million) (the “Retention Consideration”) by way of electronic transfer in accordance with clause 4.8
Retention Consideration. (a) Should Employee remain actively and continuously employed by the Company from the effective date through the Retention Period, performing his duties to the reasonable expectations of the Company, Employee will be offered a severance payment which includes the following monetary terms:
Retention Consideration. If Executive remains employed during the entire Retention Period and complies with all other terms and conditions stated in this Agreement, Executive will receive the following payments and benefits (collectively, the “Retention Consideration”):
Retention Consideration. In exchange for good and valuable consideration, including but not limited to Executive's performance of certain transitional services detailed hereunder and continued employment during the Transition Period, the Executive shall receive the following retention benefits: (a)
Retention Consideration. (a) Subject to the conditions set forth below in this Section 6(a), in addition to the shares that will have already vested as of September 30, 2005 pursuant to the terms of the Option Agreements and the Restricted Share Agreement (the “Equity Awards”), as an inducement to Pxxxxxx to remain with the Company through September 30, 2005, that number of additional unvested shares subject to each of the Equity Awards that would have vested on or before November 30, 2006 (the “Additional Shares”) shall accelerate and become immediately vested, effective as of September 30, 2005. Except as set forth in this Section 6(a), this Agreement shall not amend or alter the terms and conditions of the Equity Awards as set forth in the Option Agreements and the Restricted Share Agreement in any respect. The Equity Awards subject to acceleration of Additional Shares shall be as follows: Equity Awards Non-Qualified Stock Option Award dated November 30, 2001 Restricted Stock Award dated August 5, 2002 Non-Qualified Stock Option Award dated November 14, 2002 Non-Qualified Stock Option Award dated November 17, 2003 The Company will provide to Pxxxxxx the consideration set forth in this Section 6(a) if (i) Pxxxxxx’x employment by the Company is not voluntarily terminated or abandoned by Pxxxxxx or terminated by the Company for Cause, in either case, prior to September 30, 2005, and (ii) at the same time that Pxxxxxx executes this Agreement, Pxxxxxx executes the First Release (as defined in Section 8(a) below) and does not rescind it within the rescission period applicable to the First Release. If Pxxxxxx’x employment is terminated by the Company for Cause or by Pxxxxxx for any reason prior to September 30, 2005, the Company shall have no obligation to Pxxxxxx under this Section 6(a).
Retention Consideration. Subject to the terms and conditions of the Lease Back Agreement I, Lessee H may purchase from the Company the Lease Back Assets I at a nominal consideration. Transfer of ownership of Lease Back Assets I after the end of lease: At the end of the lease term of the Lease Back Agreement I, subject to the fulfilment of all obligations by Lessee H under the Lease Back Agreement I, including the payment of all lease payment and other amount (if any) such as additional tax, interest, default payment as stipulated under the Lease Back Agreement I, and the payment of the retention consideration, the ownership of the Lease Back Assets I will be transferred to Lessee H.
Retention Consideration. Subject to the terms and conditions of the relevant Direct Lease Agreements, Lessee H may purchase from the Company the relevant Direct Lease Assets at nil consideration. Transfer of ownership of Direct Lease Assets I after the end of lease: At the end of the lease term of the relevant Direct Lease Agreements, subject to the fulfilment of all obligations by Lessee H under the relevant Direct Lease Agreements, including the payment of all lease payment and other amount (if any) such as additional tax, interest, default payment as stipulated under the relevant Direct Lease Agreements, and the payment of the retention consideration, the ownership of the relevant Direct Lease Assets will be transferred to Lessee H.
Retention Consideration
