Common use of Retention Programs Clause in Contracts

Retention Programs. Following the date hereof, Parent may, in its sole discretion, establish a cash-based award program to promote the retention between the date hereof and the Effective Time of Covered Employees, with such terms and conditions, including the Covered Employees who will participate in the programs, as determined by Parent.

Appears in 2 contracts

Sources: Merger Agreement, Merger Agreement (Byline Bancorp, Inc.)