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 the date of the Merger Agreement (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 common stock of the Company on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of the Company, if appropriate).
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Samples: Employee Retention Agreement (Belden CDT Inc.), Employee 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 the date of the Merger Agreement (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 common stock of the Company on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of the Company, 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 110% of your base annual salary as in effect on the date of the Merger Agreement (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 common stock of the Company on the Closing Date, as adjusted by the proposed reverse stock split of the common stock of the Company, if appropriate).
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