Common Contracts
2 similar Acceleration of Payments Agreement contracts by Vivint Smart Home, Inc.
December 28, 2022 Dana Russell RE: Acceleration of Payments Dear Dana:Acceleration of Payments Agreement • February 24th, 2023 • Vivint Smart Home, Inc. • Services-detective, guard & armored car services
As you are aware, Vivint Smart Home, Inc., (the “Company”) has entered into an Agreement and Plan of Merger dated December 6, 2022 (the “Merger Agreement”) with NRG Energy, Inc. (“Parent”) and the other parties enumerated therein, pursuant to which the Company will become a wholly owned subsidiary of Parent (the “Transaction”). Reference is made to your employment agreement with the Company, dated as of May 15, 2022 (the “Employment Agreement”) and your side letter agreement with Parent, dated as of December 6, 2022 (together, the “Employment Arrangements”). Terms used but not otherwise defined herein shall have the meaning ascribed to such term in the Employment Arrangement.
December 28, 2022 Rasesh Patel RE: Acceleration of Payments Dear Rasesh:Acceleration of Payments Agreement • February 24th, 2023 • Vivint Smart Home, Inc. • Services-detective, guard & armored car services
As you are aware, Vivint Smart Home, Inc., (the “Company”) has entered into an Agreement and Plan of Merger dated December 6, 2022 (the “Merger Agreement”) with NRG Energy, Inc. (“Parent”) and the other parties enumerated therein, pursuant to which the Company will become a wholly owned subsidiary of Parent (the “Transaction”). Reference is made to your employment agreement with the Company, dated as of June 20, 2022 (the “Employment Agreement”) and your side letter agreement with the Company and Parent, dated as of December 6, 2022 (together, the “Employment Arrangements”). Terms used but not otherwise defined herein shall have the meaning ascribed to such term in the Employment Arrangement.
