Common use of Retention Payments Clause in Contracts

Retention Payments. (i) The Company will pay to Executive, or Executive’s estate if applicable, an amount equal to $204,000, representing Executive’s pro-rata cash incentive payment for fiscal 2012, payable in the same manner and at the same time as annual bonus payments are made to then-current employees of the Company with respect to 2012, but in no event later than March 15, 2013. This payment will be made to Executive or Executive’s estate no later than March 15, 2013 regardless of whether Executive is still employed by the Company on March 15, 2013. For the avoidance of doubt, Executive is not entitled to any additional bonus for 2012.

Retention Payments. (i) The Company will pay to Executive, or Executive’s estate if applicable, an amount equal to $204,000440,000, representing Executive’s pro-rata cash incentive payment for fiscal 2012, payable in the same manner and at the same time as annual bonus payments are made to then-current employees of the Company with respect to 2012, but in no event later than March 15, 2013. This payment will be made to Executive or Executive’s estate no later than March 15, 2013 regardless of whether Executive is still employed by the Company on March 15, 2013. For the avoidance of doubt, Executive is not entitled to any additional bonus for 2012.

Retention Payments. (i) The Company will pay to Executive, or Executive’s estate if applicable, an amount equal to $204,000200,000, representing Executive’s pro-rata cash incentive payment for fiscal 2012, payable in the same manner and at the same time as annual bonus payments are made to then-current employees of the Company with respect to 2012, but in no event later than March 15, 2013. This payment will be made to Executive or Executive’s estate no later than March 15, 2013 regardless of whether Executive is still employed by the Company on March 15, 2013. For the avoidance of doubt, Executive is not entitled to any additional bonus for 2012.

Retention Payments. (i) The Company will pay to Executive, or Executive’s estate if applicable, an amount equal to $204,000216,000, representing Executive’s pro-rata cash incentive payment for fiscal 2012, payable in the same manner and at the same time as annual bonus payments are made to then-current employees of the Company with respect to 2012, but in no event later than March 15, 2013. This payment will be made to Executive or Executive’s estate no later than March 15, 2013 regardless of whether Executive is still employed by the Company on March 15, 2013. For the avoidance of doubt, Executive is not entitled to any additional bonus for 2012.