Common use of Grant of Retention Award Clause in Contracts

Grant of Retention Award. In consideration of Employee’s service for the Company, Duke Energy hereby grants to the Employee the opportunity to earn a retention award (the “Retention Award”) pursuant to the terms of this Agreement.

Appears in 4 contracts

Samples: Severance and Retention Agreement (Duke Energy CORP), Retention Award Agreement (Duke Energy CORP), Retention Award Agreement (Duke Energy CORP)

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Grant of Retention Award. In consideration of Employeethe Executive’s service for the Company, Duke Energy hereby grants to the Employee Executive the opportunity to earn a retention award (the “Retention Award”) pursuant to the terms of this AgreementAgreement in the amount of $2,300,000.

Appears in 1 contract

Samples: Retention Award Agreement (Duke Energy Progress, Llc.)

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