Common use of Retention Program Clause in Contracts

Retention Program. The Executive shall be eligible to participate in ----------------- the Efficient Networks Retention Plan ("MRP") and the Efficient Networks Discretionary Retention Plan ("DRP"), each in accordance with their respective terms. The Executive shall receive an allocation of $2,000,000 under the MRP and an allocation of $7,000,000 under the DRP. Certain of the material terms of the MRP and the DRP are outlined on Schedule 1 hereto.

Appears in 2 contracts

Samples: Employment Agreement (Efficient Networks Inc), Employment Agreement (Siemens Aktiengesellschaft/Adr)

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Retention Program. The Executive shall be eligible to participate ----------------- in ----------------- the Efficient Networks Retention Plan ("MRP") and the Efficient Networks Discretionary Retention Plan ("DRP"), each in accordance with their respective its terms. The Executive shall receive an allocation of $2,000,000 2,500,000 under the MRP and an allocation of $7,000,000 under the DRPMRP. Certain of the material terms of the MRP and the DRP are outlined on Schedule 1 hereto. The Executive acknowledges that he is not eligible to participate in the Efficient Networks Discretionary Retention Plan.

Appears in 1 contract

Samples: Employment Agreement (Efficient Networks Inc)

Retention Program. The Executive shall be eligible to participate in ----------------- the Efficient Networks Retention Plan ("MRP") ), and the Efficient Networks Discretionary Retention Plan ("DRP"), each in accordance with their respective terms. The Executive shall receive an allocation of $2,000,000 500,000 under the MRP and an allocation of $7,000,000 3,000,000 under the DRP. Certain of the material terms of the MRP and the DRP are outlined on Schedule 1 hereto.

Appears in 1 contract

Samples: Employment Agreement (Efficient Networks Inc)

Retention Program. The Executive shall be eligible to participate ----------------- in ----------------- the Efficient Networks Retention Plan ("MRP") and the Efficient Networks Discretionary Retention Plan ("DRP"), each in accordance with their respective terms. The Executive shall receive an allocation of $2,000,000 500,000 under the MRP and an allocation of $7,000,000 4,000,000 under the DRP. Certain of the material terms of the MRP and the DRP are outlined on Schedule 1 hereto.

Appears in 1 contract

Samples: Employment Agreement (Efficient Networks Inc)

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Retention Program. The Executive shall be eligible to participate in ----------------- the Efficient Networks Retention Plan ("MRP") and the Efficient Networks Discretionary Retention Plan ("DRP"), each in accordance with their respective terms. The Executive shall receive an allocation of $2,000,000 2,500,000 under the MRP and an allocation of $7,000,000 5,000,000 under the DRP. Certain of the material terms of the MRP and the DRP are outlined on Schedule 1 hereto.

Appears in 1 contract

Samples: Employment Agreement (Efficient Networks Inc)

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