Retention Pool. Northwest Bancshares shall establish a retention pool of up to $375,000 providing for retention bonuses to be paid to Continuing Employees who remain employed with Northwest Bancshares or Northwest Bank after the Closing for a period specified by Northwest Bancshares or Northwest Bank, not to exceed four (4) months.
Appears in 2 contracts
Sources: Merger Agreement (LNB Bancorp Inc), Merger Agreement (Northwest Bancshares, Inc.)