Common use of Level Two Retention Pay and Benefits Clause in Contracts

Level Two Retention Pay and Benefits. The Company shall pay to Executive a retention bonus in a one-time lump sum Payment of Two Hundred Fifty Thousand Dollars ($250,000), subject to the following conditions and obligations:

Appears in 2 contracts

Samples: Retention Agreement (Micron Electronics Inc), Retention Agreement (Micron Electronics Inc)

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Level Two Retention Pay and Benefits. The In the event of a Change in Control that occurs during the Term, the Company shall pay to Executive a retention bonus in a one-time lump sum Payment of Two Hundred Fifty Seventy Thousand Dollars ($250,000270,000), subject to the following conditions and obligations:

Appears in 1 contract

Samples: Retention Agreement (Micron Electronics Inc)

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Level Two Retention Pay and Benefits. The Company shall pay to Executive a retention bonus in a one-time lump sum Payment of Two up to One Million One Hundred Fifty Twenty Five Thousand Dollars ($250,0001,125,000), subject to the following conditions and obligations:

Appears in 1 contract

Samples: Retention Agreement (Micron Electronics Inc)

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