Retention Bonus Amount. The Company shall pay to Employee a total amount of $500,000.00, less applicable state and federal taxes and withholdings, as a Retention Bonus if Employee remains employed during the entire Retention Period and complies with all other conditions stated in this Agreement and otherwise meets all conditions precedent to earn the Retention Bonus. The Retention Bonus shall be subject to standard withholdings.
Appears in 3 contracts
Samples: Retention Bonus Agreement (PET Acquisition LLC), Retention Bonus Agreement (PET Acquisition LLC), Retention Bonus Agreement (PET Acquisition LLC)
Retention Bonus Amount. The Company shall pay to Employee a total amount of $500,000.00$ , less applicable state and federal taxes and withholdings, as a Retention Bonus if Employee remains actively employed during the entire Retention Period and complies with all other conditions stated in this Agreement and otherwise meets all conditions precedent to earn the Retention Bonus. The Retention Bonus shall be subject to standard withholdings.
Appears in 1 contract
Samples: Retention Bonus Agreement (Petco Health & Wellness Company, Inc.)
Retention Bonus Amount. The Company shall pay to Employee a total amount of $500,000.00$ , less applicable state and federal taxes and withholdings, as a βRetention Bonus if Bonus.β Employee remains must remain employed during the entire Retention Period and complies comply with all other conditions stated in this Agreement and otherwise meets meet all conditions precedent to earn retain the Retention Bonus. The Retention Bonus shall be subject to standard withholdings.
Appears in 1 contract
Samples: Retention Bonus Agreement (Petco Health & Wellness Company, Inc.)