0001193125-14-194435 Sample Contracts

February 24, 2014 Mr. Stuart S Schuette Re: Retention Award Dear Stuart:
Retention Award • May 12th, 2014 • Us Foods, Inc. • Wholesale-groceries & related products • Illinois

As you know, we anticipate a business combination later this year between Sysco Corporation (“Sysco”) and US Foods, Inc. (the “Company”). In order to recognize your contributions, and to encourage you to remain with the Company through this period and after the transaction closes to assist with anticipated transition issues, I am pleased to advise you that you have been selected to receive a cash award (the “Retention Award”) based on the terms outlined below (this letter agreement, the “Agreement”).

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!