July 8, 2013Tibco Software Inc • October 9th, 2013 • Services-prepackaged software
On behalf of TIBCO Software Inc. (“TIBCO”), we are very pleased to offer you a retention bonus (the “Bonus”) of $300,000 (subject to withholdings and deductions). You will receive the Bonus in the payroll period after you return this executed Agreement. The Bonus will be earned by you and not subject to the repayment terms below upon the earlier of the following two events: (a) you have continuously and actively provided services to TIBCO through July 15, 2015, or (b) an Involuntarily Termination in connection with a Change in Control prior to July 15, 2015, as such terms are defined in TIBCO’s Executive Change in Control and Severance Plan.
