Common Contracts

2 similar Retention Bonus Agreement contracts by Shift Technologies, Inc.

SHIFT TECHNOLOGIES, INC. AMENDED AND RESTATED RETENTION BONUS AGREEMENT
Retention Bonus Agreement • September 13th, 2022 • Shift Technologies, Inc. • Retail-auto dealers & gasoline stations • California

THIS AMENDED AND RESTATED RETENTION BONUS AGREEMENT (this “Agreement”), dated September 7, 2022 (the “Restatement Date”), between Shift Technologies, Inc. (the “Company”) and Oded Shein (the “Employee”), is made to retain the Employee in recognition of his value to the Company in meeting its financial and strategic business objectives by providing the Employee with the opportunity to earn a retention bonus. This Agreement is an amendment and restatement of that certain retention bonus agreement dated June 22, 2022 between the Company and the Employee (the “Original Agreement”), and replaces and supersedes the Original Agreement in its entirety. For the avoidance of doubt, the term “Company” herein shall include any successor entity thereto or any affiliate thereof. In consideration of the mutual promises made herein, and the Employee’s continued employment by the Company in accordance with the terms below, the Employee and the Company agree as follows:

AutoNDA by SimpleDocs
SHIFT TECHNOLOGIES, INC. AMENDED AND RESTATED RETENTION BONUS AGREEMENT
Retention Bonus Agreement • June 24th, 2022 • Shift Technologies, Inc. • Retail-auto dealers & gasoline stations • California

THIS AMENDED AND RESTATED RETENTION BONUS AGREEMENT (this “Agreement”), dated June 22, 2022 (the “Restatement Date”), between Shift Technologies, Inc. (the “Company”) and Sean Foy (the “Employee”), is made to retain the Employee in recognition of his value to the Company in meeting its financial and strategic business objectives by providing the Employee with the opportunity to earn a retention bonus. This Agreement is an amendment and restatement of that certain retention bonus agreement dated January 7, 2022 between the Company and the Employee (the “Original Agreement”), and replaces and supersedes the Original Agreement in its entirety. For the avoidance of doubt, the term “Company” herein shall include any successor entity thereto or any affiliate thereof. In consideration of the mutual promises made herein, and the Employee’s continued employment by the Company in accordance with the terms below, the Employee and the Company agree as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!