Retention Incentive. a. To the extent the Executive remains employed by the Company through the Retention Period, at certain times during the Retention Period the Executive shall be paid a cash “Retention Incentive” in an amount equal to $600,000, which equals 150% of Executive’s annual base salary in effect as of the Effective Date, as follows:
Appears in 1 contract
Retention Incentive. a. To the extent the Executive remains employed by the Company through the Retention Period, at certain times during the Retention Period the Executive shall be paid a cash “Retention Incentive” in an amount equal to $600,0001,237,500, which equals 150% of Executive’s annual base salary in effect as of the Effective Date, as follows:
Appears in 1 contract
Retention Incentive. a. To the extent the Executive remains employed by the Company through the Retention Period, at certain times during the Retention Period the Executive shall be paid a cash “Retention Incentive” in an amount equal to $600,000675,000, which equals 150% of Executive’s annual base salary in effect as of the Effective Date, as follows:
Appears in 1 contract
Retention Incentive. a. To the extent the Executive remains employed by the Company through the Retention Period, at certain times during the Retention Period the Executive shall be paid a cash “Retention Incentive” in an amount equal to $600,000562,500, which equals 150% of Executive’s annual base salary in effect as of the Effective Date, as follows:
Appears in 1 contract
Retention Incentive. a. To the extent the Executive remains employed by the Company through the Retention Period, at certain times during the Retention Period the Executive shall be paid a cash “Retention Incentive” in an amount equal to $600,000787,500, which equals 150% of Executive’s annual base salary in effect as of the Effective Date, as follows:
Appears in 1 contract