Common Contracts
2 similar Retention Bonus Agreement contracts by Genworth Mortgage Holdings, Inc.
ContractRetention Bonus Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia
ContractRetention Bonus Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia
RETENTION BONUS AGREEMENT Purpose: The purpose of this retention bonus agreement (the “Agreement”) is to retain key contributors during a critical period for Genworth Financial, Inc. (together with its affiliates, the “Company”). The payments herein are awarded in recognition of the significant roleyou will have during this period. RETENTION BONUS Name: Rohit Gupta Bonus Period: The “Bonus Period” is the period beginning on the effective date of this Agreement and ending on December 31, 2021. Bonus Amount: You are eligible to receive a bonus payment equivalent to $3,000,000 less applicable deductions and withholdings (the “Bonus”), subject to the terms and conditions herein. Bonus Payment Date: The Bonus will be paid within 45 calendar days of the end of the Bonus Period. Payout Criteria: In order become eligible for the Bonus, you must either (i) remain actively employed with the Company, or its successor, for the duration of the Bonus Period; (ii) have your employment terminated purs
