RETENTION AND INTEGRATION AWARD. If the Merger is completed pursuant to the Merger Agreement, then, subject to the terms of this Agreement, you shall receive a retention payment (a "Retention and Integration Award") equal to 110% of your base annual salary as in effect on February 4, 2004 (subject to all applicable withholding taxes). 50% of the value of the Retention and Integration Award will be in the form of a cash award (the "Cash Award") and the remaining 50% will be in the form of shares of CDT restricted common stock (the "Restricted Stock Award") (which value shall be based on the closing price of CDT, common stock on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of CDT, if appropriate).
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Samples: Retention Agreement (Belden CDT Inc.), Retention Agreement (Belden CDT Inc.), Retention Agreement (Belden CDT Inc.)
RETENTION AND INTEGRATION AWARD. If the Merger is completed pursuant to the Merger Agreement, then, subject to the terms of this Agreement, you shall receive a retention payment (a "Retention and Integration Award") equal to 110[___]% of your base annual salary as in effect on February 4, 2004 the date hereof (subject to all applicable withholding taxes). 50% of the value of the Retention and Integration Award will be in the form of a cash award (the "Cash Award") and the remaining 50% will be in the form of shares of CDT restricted common stock (the "Restricted Stock Award") (which value shall be based on the closing price of CDT, common stock of CDT on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of CDT, if appropriate).
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Samples: Retention Agreement (Cable Design Technologies Corp)
RETENTION AND INTEGRATION AWARD. If the Merger is completed pursuant to the Merger Agreement, then, subject to the terms of this Agreement, you shall receive a retention payment (a "Retention and Integration Award") equal to 110140% of your base annual salary as in effect on February 4, 2004 (subject to all applicable withholding taxes). 50% of the value of the Retention and Integration Award will be in the form of a cash award (the "Cash Award") and the remaining 50% will be in the form of shares of CDT restricted common stock (the "Restricted Stock Award") (which value shall be based on the closing price of CDT, common stock on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of CDT, if appropriate).
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