Retention Incentive. If Employee is continuously employed at the Company through and including January 3, 2004, Employee shall receive a one-time additional incentive payment (the "Retention Payment") equal to ten percent (10%) of the base salary specified in Section 3.1 above, payable in cash, in Company stock, or in a combination of the two, at the sole discretion of the Board, on or before January 5, 2004.
Appears in 7 contracts
Samples: Employment Agreement (Geron Corporation), Employment Agreement (Geron Corporation), Employment Agreement (Geron Corporation)