Common Contracts

2 similar Retention Award Agreement contracts by Pier 1 Imports Inc/De

FIRST AMENDED AND RESTATED RETENTION AWARD AGREEMENT
Retention Award Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas

WHEREAS, Pier 1 Imports, Inc. (the “Company”) entered into a Retention Award Agreement (the “Original Agreement”) with Mark R. Haley (“Executive”), pursuant to which the Company agreed to pay to Executive a retention award of $380,000 (the “Retention Award”), in a cash lump sum, subject to applicable federal, state, and local tax and other payroll withholding, within fifteen (15) days following December 3, 2019 (the “Payment Date”) provided (i) Executive remained employed by the Company or an Affiliate through the Payment Date, (ii) Executive’s employment was terminated by the Company or an Affiliate prior to the Payment Date without Cause, or (iii) Executive resigned for Good Reason prior to the Payment Date; and

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FIRST AMENDED AND RESTATED RETENTION AWARD AGREEMENT
Retention Award Agreement • January 9th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas

WHEREAS, Pier 1 Imports, Inc. (the “Company”) entered into a Retention Award Agreement (the “Original Agreement”) with Nancy A. Walsh (“Executive”), pursuant to which the Company agreed to pay to Executive a retention award of $615,000 (the “Retention Award”), in a cash lump sum, subject to applicable federal, state, and local tax and other payroll withholding, within fifteen (15) days following December 3, 2019 (the “Payment Date”) provided (i) Executive remained employed by the Company or an Affiliate through the Payment Date, (ii) Executive’s employment was terminated by the Company or an Affiliate prior to the Payment Date without Cause, or (iii) Executive resigned for Good Reason prior to the Payment Date; and

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