Common use of Grant of Retention Award Clause in Contracts

Grant of Retention Award. The Company hereby grants to you a Retention Award of ____ Retention Units. Your Retention Award (the “Award”), to the extent such Award is not forfeited, as provided under this Agreement and the Plan, shall confer upon you the right to receive a payment in each Annual Retention Pool in accordance with the terms and conditions of this Agreement and the Plan. Your expected annual payment from each Annual Retention Pool is $______.

Appears in 3 contracts

Samples: Retention Award Agreement (Playtika Holding Corp.), Retention Award Agreement (Playtika Holding Corp.), Retention Award Agreement (Playtika Holding Corp.)

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Grant of Retention Award. The Company hereby grants to you a Retention Award of ____ Retention Units. Your Retention Award (the “Award”), to the extent such Award is not forfeited, as provided under this Agreement and the Plan, shall confer upon you the right to receive payment of a payment in portion of each Annual Retention Pool in accordance with the terms and conditions of this Agreement and the Plan. Your expected annual payment from each Annual Retention Pool is $______. You acknowledge that a summary of the material terms of the Plan has been made available to you.

Appears in 1 contract

Samples: Retention Award Agreement (Playtika Holding Corp.)

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