Common Contracts
3 similar Retention Bonus Agreement contracts by Tripath Imaging Inc
EX-10.3 5 g03268k2exv10w3.htm EX-10.3 RETENTION BONUS AGREEMENT/STEPHEN P. HALLRetention Bonus Agreement • May 5th, 2020
Exhibit 10.3 EXECUTION COPY Tripath Imaging, Inc. 780 Plantation Drive Burlington, NC 27215 Becton, Dickinson and Company 1 Becton Drive Franklin Lakes, NJ 07417 September 8, 2006 Stephen P. Hall 780 Plantation Drive Burlington, NC 27215 Dear Steve: As you are aware, TriPath Imaging, Inc. (the “Company”), a Delaware corporation, is contemplating the sale to Becton, Dickinson and Company (the “Sale”) of the approximately 93.5% of the outstanding shares of the Company that Becton, Dickinson and Company (“BD”) does not already own. As a result of the Sale, the Company will become a wholly-owned subsidiary of BD. On behalf of the Company, I am pleased to offer you the opportunity to earn a retention bonus in connection with the successful completion of the Sale and your continued employment by the Company and its affiliates (the “BD Group”) for eighteen (18) months following the completion of the Sale (such period, the “Retention Period”), the terms of which are outlined below. Notwithstan
Tripath Imaging, Inc. 780 Plantation Drive Burlington, NC 27215 Becton, Dickinson and Company 1 Becton Drive Franklin Lakes, NJ 07417 September 8, 2006Retention Bonus Agreement • September 8th, 2006 • Tripath Imaging Inc • Laboratory analytical instruments
As you are aware, TriPath Imaging, Inc. (the “Company”), a Delaware corporation, is contemplating the sale to Becton, Dickinson and Company (the “Sale”) of the approximately 93.5% of the outstanding shares of the Company that Becton, Dickinson and Company (“BD”) does not already own. As a result of the Sale, the Company will become a wholly-owned subsidiary of BD.
Tripath Imaging, Inc. 780 Plantation Drive Burlington, NC 27215 Becton, Dickinson and Company 1 Becton Drive Franklin Lakes, NJ 07417 September 8, 2006Retention Bonus Agreement • September 8th, 2006 • Tripath Imaging Inc • Laboratory analytical instruments • North Carolina
As you are aware, TriPath Imaging, Inc. (the “Company”), a Delaware corporation, is contemplating the sale to Becton, Dickinson and Company (the “Sale”) of the approximately 93.5% of the outstanding shares of the Company that Becton, Dickinson and Company (“BD”) does not already own. As a result of the Sale, the Company will become a wholly-owned subsidiary of BD.
