Common Contracts
2 similar Retention Bonus Agreement contracts by iHeartMedia, Inc.
Re: Retention BonusRetention Bonus Agreement • May 5th, 2020 • Texas
Dear [First Name]: On behalf of iHeartMedia, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a retention bonus, if you agree to the terms and conditions contained in this letter agreement (this “Retention Bonus Agreement”), which shall be effective as of the date set forth below in Section 7 (such date, the “Effective Date”). 1.Retention Bonus. Subject to the terms and conditions set forth herein, you will receive a payment in the amount of $[●] (the “Retention Bonus”), subject to the Company’s receipt of your countersignature on this Retention Bonus Agreement within two (2) Business days of the date hereof. Except as set forth in the next sentence, you agree that in the event your employment with the Company terminates for any reason (a “Termination”) before the second anniversary of the Effective Date (the “Retention Date”), you will be required to repay to the Company within ten (10) days of such termination 100% of the After-Tax Value of the Retention Bon
Re: Retention BonusRetention Bonus Agreement • February 23rd, 2017 • iHeartMedia, Inc. • Radio broadcasting stations • Texas
On behalf of iHeartMedia, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a retention bonus, if you agree to the terms and conditions contained in this letter agreement (this “Retention Bonus Agreement”), which shall be effective as of the date set forth below in Section 7 (such date, the “Effective Date”).
