Common use of Retention Payment Clause in Contracts

Retention Payment. Company and Employee acknowledge that Employee has fully vested in his or her right to receive payments under the Retention Incentive Agreement dated September 1, 2001 entered into by IITRI and Employee, attached as Exhibit A to this Agreement, and that such Retention Incentive Agreement has been assigned to, and assumed by, the Company and remains in effect in its original form and is incorporated herein by reference.

Retention Payment. Company and Employee acknowledge that Employee has fully vested in his or her right to receive payments under the Retention Incentive Agreement dated September 1, 2001 entered into by IITRI Company and Employee, attached as Exhibit A to this Agreement, and that such Retention Incentive Agreement has been assigned to, and assumed by, the Company and remains in effect in its original form and is incorporated herein by reference.