Retention Bonuses Contract Clauses (160)

Grouped Into 13 Collections of Similar Clauses From Business Contracts

This page contains Retention Bonuses clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Retention Bonuses. Subject to your continued employment on the first anniversary of the Closing, you will receive a retention bonus in an amount equal to the sum of (i) 150% of your Base Salary, plus (ii) your Target Bonus (such amount, the "Bonus Amount") on such anniversary of the Closing. In the event of your termination by the Company for any reason other than for Cause (including due to death or your permanent disability) or by you for Good Reason prior to the first anniversary of the Closing, subject to Sect...ion 2(b) of the Severance Plan, the Bonus Amount will be paid to you on the date set forth in such Section 2(b). View More
Found in PLX TECHNOLOGY INC contract
Retention Bonuses. Subject to your continued employment on the first anniversary of the Closing, each applicable payment date, you will receive a retention bonus in an amount equal to the sum of (i) 150% of your Base Salary, plus (ii) your Target Bonus (such amount, the "Bonus Amount") Amount"). Fifty percent (50%) of the Bonus Amount shall be paid on such the first anniversary of the Closing and the remaining fifty percent (50%) of the Bonus Amount shall be paid on the second anniversary of the Closing. In the ev...ent of your termination by the Company for any reason other than for Cause (including due to death or your permanent disability) or by you for Good Reason prior to the first an applicable anniversary of the Closing, subject to Section 2(b) of the Severance Plan, you will be paid the Bonus Amount will be paid to you on the date set forth in such Section 2(b). View More
Found in PLX TECHNOLOGY INC contract
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Retention Bonuses. 2.1.On October 19, 2017, Company will pay to Employee a one-time cash bonus in the amount of $125,000 (the "Retention Bonus"). 2.2.If Employee's employment ceases on or before the one-year anniversary of the Effective Date due to his or her termination with Cause, or resignation without Good Reason, the Employee must repay the full amount of the Retention Bonus (net of any taxes withheld by the Company from the original payment) to the Company within 30 days following such cessation. 2.3.If any ...cash bonus is payable to the Employee pursuant to a transaction bonus agreement due to the consummation of an Approved Transaction (as defined in such agreement) prior to January 1, 2018 (the "Transaction Bonus"), the amount of such Transaction Bonus shall be reduced by the amount of the Retention Bonus. View More
Found in Destination Maternity Corp contract
Retention Bonuses. 2.1.On October 19, 2017, Company will pay to Employee a one-time cash bonus in the amount of $125,000 (the "Retention Bonus"). 2.2.If Employee's employment ceases on or before the one-year anniversary of the Effective Date due to his or her termination with Cause, or resignation without Good Reason, the Employee must repay the full amount of the Retention Bonus (net of any taxes withheld by the Company from the original payment) to the Company within 30 days following such cessation. 2.3.If any ...cash bonus is payable to the Employee pursuant to a transaction bonus agreement due to the consummation of an Approved Transaction (as defined in such agreement) prior to January 1, 2018 (the "Transaction Bonus"), the amount of such Transaction Bonus shall be reduced by the amount of the Retention Bonus. View More
Found in Destination Maternity Corp contract
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Retention Bonuses. The Company will pay a retention bonus of fifty thousand dollars ($50,000) (the "Retention Bonus") to Employee in the first regular payroll cycle following the first to occur of the following events. a. If Employee continues to perform in satisfactory manner his duties and responsibilities and remains employed with the Company through December 1, 2013 (the "Qualifying Date"); or b. If the Employee's employment with the Company is terminated by the Company for any reason other than Cause (as defi...ned below) between the date hereof and the Qualifying Date. i. "Cause" shall mean (a) an intentional act of fraud, embezzlement or theft in connection with the Employee's duties to the Company or in the course of Employee's employment with the Company; (b) Employee's willful engagement in gross misconduct that is demonstrably and materially injurious to the Company; or (c) Employee's willful and continued failure to perform his duties with the Company (other than any such failure resulting due to physical or mental illness). For purposes of this definition, no act or failure to act on Employee's part shall be deemed "willful" unless done or omitted to be done by employee not in good faith and without reasonable belief that Employee's action or omission was in the best interests of the Company. View More
Found in SYCAMORE NETWORKS INC contract
Retention Bonuses. The Company will pay a retention bonus of fifty thousand dollars ($50,000) (the "Retention Bonus") to Employee in the first regular payroll cycle following the first to occur occurrence of the following events. following: a. If Employee continues to perform in a satisfactory manner his duties and responsibilities and remains employed with the Company through December 1, 2013 the dates set forth below (the "Qualifying Date"); or Dates"), the Company will pay retention bonuses to Employee of thirt...y-thousand ($30,000) (the "Retention Bonuses") in the first regular payroll following each of the Qualifying Dates set forth below: i. March 7, 2014 ii. March 7, 2015 iii. March 7, 2016 b. If the Employee's employment with the Company is terminated by the Company for any reason other than Cause (as defined below) between the date hereof and any Qualifying Date shown above, and Employee will no longer provide services to the Company on a consulting or independent contractor basis, Employee will receive a Retention Bonus as if the Qualifying Date. i. Date for that particular year of service had occurred, but will not receive Retention Bonuses for any future years. c. If the Employee's employment with the Company is terminated by the Company for any reason other than Cause (as defined below) between the date hereof and any Qualifying Date shown above, but Employee will continue to provide services to the Company on a consulting or independent contractor basis following termination, Employee will continue to receive Retention Bonuses in accordance with the schedule set forth in 1(a) above. d. For purposes of 1(b) and 1(c) above, "Cause" shall mean (a) an intentional act of fraud, embezzlement or theft in connection with the Employee's duties to the Company or in the course of Employee's employment with the Company; (b) Employee's willful engagement in gross misconduct that is demonstrably and materially injurious to the Company; or (c) Employee's willful and continued failure to perform his duties with the Company (other than any such failure resulting due to physical or mental illness). For purposes of this definition, no act or failure to act on Employee's part shall be deemed "willful" unless done or omitted to be done by employee not in good faith and without reasonable belief that Employee's action or omission was in the best interests of the Company. View More
Found in SYCAMORE NETWORKS INC contract
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