Retention Dates definition
Examples of Retention Dates in a sentence
Provided that the Executive continues in his employment with the Company through the Retention Dates (as defined below) and otherwise complies with all requirements of this Agreement, the Company shall pay the Executive the total amount of One Hundred Fifty Thousand Dollars ($150,000.00) (the “Retention Payment”).
Provided that the Executive continues in his employment with the Company through the Retention Dates (as defined below) and otherwise complies with all requirements of this Agreement, the Company shall pay the Executive the total amount of Ten Thousand Dollars ($10,000.00) (the “Retention Payment”).
Provided that the Executive continues in his employment with the Company through the Retention Dates (as defined below) and otherwise complies with all requirements of this Agreement, the Company shall pay the Executive the total amount of Fifty Thousand Dollars ($50,000.00) (the “Retention Payment”).
Subject to the terms and provisions of this Agreement, if the Executive remains continuously employed with the Company from the date of this Agreement through each of the dates stated in Section 3 below (collectively, the “Retention Dates”), the Executive shall earn as of each of the Retention Dates the corresponding percentage of the Retention Bonus.
You must remain actively and continuously employed, continue to perform your work satisfactorily (as determined within the discretion of the Company), and comply with the Company’s policies through each of the Retention Dates in order to earn and receive the full aggregate Retention Bonus.