Common use of Retention Incentive Clause in Contracts

Retention Incentive. (a) Upon the earliest to occur of the following dates and events while the Employee is employed by the Company, the Employee shall be entitled to receive a lump sum cash payment of $25,000 (the "Retention Incentive"): (i) the termination of the Employee's employment by the Company other than for Cause; (ii) the termination of the Employee's employment by the Employee following the occurrence of a Material Employment Change; (iii) June 30, 2000; or (iv) the Employee's death or Disability. (b) If the Employee's employment is terminated prior to June 30, 2000 by the Company for Cause or by the Employee other than (i) following a Material Employment Change or (ii) on account of the Employee's death or Disability, no Retention Incentive shall be paid to the Employee. (c) In addition to the Retention Incentive, if the Employee's employment with the Company terminates under circumstances enumerated in Item (2)(a)(i)-(iii) above on or before December 31, 1999, then the Employee shall be entitled to receive an additional lump sum cash payment equivalent to twelve (12) months of compensation at the highest base rate of salary in effect at the Company for the Employee between the date of this Agreement and December 31, 1999. This obligation supersedes any commitments by the Company under any prior Retention Agreement.

Retention Incentive. (a) Upon the earliest to occur of the following dates and events while the Employee is employed by the Company, the Employee shall be entitled to receive a lump sum cash payment of $25,000 (the "Retention Incentive"): (i) the termination of the Employee's employment by the Company other than for Cause; (ii) the termination of the Employee's employment by the Employee following the occurrence of a Material Employment Change; (iii) June 30, 2000; or (iv) the Employee's death or Disability. (b) If the Employee's employment is terminated prior to June 30, 2000 by the Company for Cause or by the Employee other than (i) following a Material Employment Change or (ii) on account of the Employee's death or Disability, no Retention Incentive shall be paid to the Employee. (c) In addition to the Retention Incentive, if the Employee's employment with the Company terminates under circumstances enumerated in Item (2)(a)(i)-(iii) above on or before December 31, 1999, then the Employee shall be entitled to receive an additional lump sum cash payment equivalent to twelve nine (129) months of compensation at the highest base rate of salary in effect at the Company for the Employee between the date of this Agreement and December 31, 1999. This obligation supersedes any commitments by the Company under any prior Retention Agreement.

Retention Incentive. (a) Upon the earliest to occur of the following dates and events while the Employee is employed by the Company, the Employee shall be entitled to receive a lump sum cash payment of $25,000 __________ (the "Retention Incentive"): (i) the termination of the Employee's employment by the Company other than for Cause; (ii) the termination of the Employee's employment by the Employee following the occurrence of a Material Employment Change; (iii) June 30, 20001999; or (iv) the Employee's death or DisabilityDisability of the Employee. (b) If the Employee's employment is terminated prior to June 30, 2000 1999 by the Company for Cause or by the Employee other than (i) following a Material Employment Change or (ii) on account of the Employee's death or Disability, no Retention Incentive shall be paid to the Employee. (c) In addition to the Retention Incentive, if the Employee's employment with the Company terminates under circumstances enumerated in Item (2)(a)(i)-(iii) above on or before December 31, 1999, then the Employee shall be entitled to receive an additional lump sum cash payment equivalent to twelve (12) _____ months of compensation at the highest base rate of salary in effect at the Company for the Employee between the date of this Agreement and December 31, 1999. This obligation supersedes any commitments by the Company under any prior Retention Agreement.

Retention Incentive. (a) Upon the earliest to occur of the following dates and events while the Employee is employed by the Company, the Employee shall be entitled to receive a lump sum cash payment of $25,000 40,000 (the "Retention Incentive"): (i) the termination of the Employee's employment by the Company other than for Cause; (ii) the termination of the Employee's employment by the Employee following the occurrence of a Material Employment Change; (iii) June 30, 20001999; or (iv) the Employee's death or DisabilityDisability of the Employee. (b) If the Employee's employment is terminated prior to June 30, 2000 1999 by the Company for Cause or by the Employee other than (i) following a Material Employment Change or (ii) on account of the Employee's death or Disability, no Retention Incentive shall be paid to the Employee. (c) In addition to the Retention Incentive, if the Employee's employment with the Company terminates under circumstances enumerated in Item (2)(a)(i)-(iii) above on or before December 31, 1999, then the Employee shall be entitled to receive an additional lump sum cash payment equivalent to twelve nine (129) months of compensation at the highest base rate of salary in effect at the Company for the Employee between the date of this Agreement and December 31, 1999. This obligation supersedes any commitments by the Company under any prior Retention Agreement.