EXECUTIVE AGREEMENTExecutive Agreement • November 5th, 2018 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores
By this Executive Agreement dated [DATE] (“Agreement”), Pier 1 Imports, Inc. and its affiliates and subsidiaries (herein “Pier 1 Imports” and/or “Company”), and ____________________ (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:
December , 2018 [NAME] [TITLE] Dear ___________________,Retention Award Agreement • November 5th, 2018 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores
As a valued member of the Pier 1 senior executive team and as one whose continued leadership will be especially critical during this time, I am delighted and pleased to inform you that the Compensation Committee of the Board of Directors approved a cash retention award of $______________. A formal agreement will be provided that will outline the terms and conditions of your retention payment.
