RETENTION PAYMENT, NON-COMPETITION, NON-SOLICITATION, NON-DISPARAGEMENT, AND CONFIDENTIALITY AGREEMENTRetention Payment, Non-Competition, Non-Solicitation, Non-Disparagement, and Confidentiality Agreement • June 2nd, 2009 • Yrc Worldwide Inc • Trucking (no local) • Kansas
YRC Worldwide Inc., a Delaware corporation (“YRCW”), has determined that you are important to the operation of the business of YRCW and its affiliates. As such, YRCW desires to provide you with an incentive to remain employed with YRCW through and after April 7, 2013. Accordingly, YRCW is pleased to offer you the opportunity to receive the Additional SEPP Retention Payment (defined below) described in this Retention Payment, Non-Competition, Non-Solicitation, Non-Disparagement, and Confidentiality Agreement (this “Agreement”), subject to the terms and conditions set forth below.
