Key Employee Retention Agreement Sample Contracts

Standard Contracts

o QuadraMed will continue your employment under currently existing terms during your employment. Between now and the completion of the term of this Agreement, QuadraMed shall only terminate your employment for cause, which includes, but is not limited...
Key Employee Retention Agreement • September 19th, 2003 • Quadramed Corp • Services-computer programming services

As a key employee of QuadraMed Corporation ("QuadraMed"), you are essential to implementing the very recently adopted strategy of QuadraMed that includes selling the company and/or its assets or filing a plan of reorganization under Chapter 11 (the "Strategic Event"). In this difficult situation, QuadraMed wants to encourage your continued employment and commitment to QuadraMed through the Strategic Event.

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Contract
Key Employee Retention Agreement • May 5th, 2020 • Texas

EX-10.5 6 a105keyemployeeretentionag.htm KEY EMPLOYEE RETENTION AGREEMENT CUNNIFF KEY EMPLOYEE RETENTION AGREEMENT This Key Employee Retention Agreement (the "Agreement") is effective as of January 1, 2013 (the "Effective Date"), by and between James L. Cunniff (the "Employee"), and Kinetic Concepts, Inc. (the "Company") (together the "Parties"). RECITALS WHEREAS, the Employee is presently employed by the Company or one of its subsidiaries as Senior Vice President, Americas and has significant strategic and management responsibilities necessary to the continued successful operation of the Company's business; WHEREAS, the Board of Directors of the Company’s parent (the "Board") has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of the Employee; and WHEREAS, the Board believes that it is imperative to provide the Employee with certain severance benefits upon the Employee's termi

EXECUTIVE OFFICER FORM] [Emulex Letterhead] [DATE]
Key Employee Retention Agreement • February 9th, 2007 • Emulex Corp /De/ • Computer communications equipment • California

This Key Employee Retention Agreement (“Agreement”) relates to your appointment as [TITLE] of Emulex [name] Corporation, a [California or Delaware] corporation (the “Company”), which is an affiliate of Emulex Corporation, a Delaware corporation (“Emulex”). Because the Company and Emulex wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you, the Company and Emulex are hereby entering into the following agreements:

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • October 29th, 2012 • Emulex Corp /De/ • Computer communications equipment • California
March 8, 2016 David S. Elkouri Re: Key Employee Retention Agreement Dear David:
Key Employee Retention Agreement • April 25th, 2016 • Halcon Resources Corp • Crude petroleum & natural gas

In recognition of your continuing key role at Halcón Resources Corporation and its affiliates (collectively, "Halcón"), you shall be entitled to a bonus (the "Commitment Bonus") upon the following terms and conditions set forth in this letter (this "Agreement"). This Agreement is between you and Halcón Resources Corporation (the "Company").

Contract
Key Employee Retention Agreement • May 5th, 2020 • Texas

EX-10.22 8 a1022busenlehnerretentiona.htm RETENTION AGREEMENT - BUSENLEHNER KEY EMPLOYEE RETENTION AGREEMENT This Key Employee Retention Agreement (the "Agreement") is effective as of September 1, 2007 (the "Effective Date"), by and between Brian Busenlehner (the "Employee"), and Kinetic Concepts, Inc. ("KCI" or the "Company") (together the "Parties"). RECITALS WHEREAS, the Employee is presently employed by the Company as Vice President, Corporate Controller and has significant strategic and management responsibilities necessary to the continued successful operation of the Company's business; WHEREAS, the Board of Directors of the Company (the "Board") has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of the Employee; WHEREAS, the Board believes that it is imperative to provide the Employee with certain severance benefits upon the Employee’s termination of employment under th

Re: Key Employee Retention Agreement
Key Employee Retention Agreement • October 22nd, 2013 • Gleacher & Company, Inc. • Security brokers, dealers & flotation companies • New York

On behalf of Gleacher & Company, Inc. (together with its successors and assigns, the “Company”), I am pleased to provide you with this key employee retention agreement (the “Agreement”), which sets forth the terms of your compensation for the Retention Period. The terms of the Agreement are as follows:

Key Employee Retention Agreement
Key Employee Retention Agreement • January 13th, 2010 • Xsunx Inc • Unsupported plastics film & sheet • Colorado

This Key Employee Retention Agreement (the “Agreement”), is entered into as of this 1st day of September, 2009 (the “Effective Date”), by and between XsunX, Inc., a Colorado corporation, (the “Company”), and Robert G. Wendt (the “Employee”). Company and Employee may be referred collectively hereafter as the “Parties” and individually as a “Party”.

ePRESENCE, INC. Amendment to Key Employee Retention Agreement
Key Employee Retention Agreement • November 14th, 2003 • Epresence Inc • Services-computer integrated systems design

This AMENDMENT to the Key Employee Retention Agreement dated as of May 8, 2003 between ePresence, Inc., a Massachusetts corporation (the “Company”), and Scott E. Kitlinski (the “Employee”) (the “Retention Agreement”), is made as of October 22, 2003 (the “Effective Date”). Capitalized terms used and not otherwise defined in this Amendment shall have the respective meanings ascribed to such terms in the Retention Agreement.

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • November 17th, 2021 • Hillenbrand, Inc. • Miscellaneous manufacturing industries • Indiana

THIS KEY EMPLOYEE RETENTION AGREEMENT (this “Agreement”) is entered into by and between Christopher H. Trainor (“Employee”) and Hillenbrand, Inc. (together with its subsidiaries and affiliates, the “Company”) as of July 2, 2021. The foregoing parties may be referred to herein individually as a “Party” and together as the “Parties.”

RECITALS
Key Employee Retention Agreement • April 1st, 1998 • Accelgraphics Inc • Electronic components & accessories • California
KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • December 1st, 2017 • Southside Bancshares Inc • State commercial banks • Texas

THIS KEY EMPLOYEE RETENTION AGREEMENT (this “Agreement”), dated this 12th day of June, 2017 (the “Effective Date”), is entered into by and between Southside Bank (the “Bank”) and Hilliard J. Shands, III (“Employee”). For purposes of this Agreement, the Bank and Employee are referred to collectively as the “parties.”

ADDENDUM TO KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • January 23rd, 2013 • KCI Animal Health, LLC • Miscellaneous furniture & fixtures

In connection with that Key Employee Retention Agreement (“Agreement”) executed between Kinetic Concepts, Inc. (the “Company”) and Teresa Johnson (“Employee”) and dated as of January __, 2008, the Company and Employee have agreed that in order for the Agreement to comply with the provisions of Section 409A ("Section 409A") of the Internal Revenue Code of 1986, as amended (the "Code") and the regulations and guidance promulgated thereunder so as not to subject Employee to the payment of additional taxes and interest under Section 409A, the following changes to the Agreement (in bold) have been made effective as of December 31, 2008:

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • November 17th, 2021 • Hillenbrand, Inc. • Miscellaneous manufacturing industries • Indiana

THIS KEY EMPLOYEE RETENTION AGREEMENT (this “Agreement”) is entered into by and between Kristina A. Cerniglia (“Employee”) and Hillenbrand, Inc. (together with its subsidiaries and affiliates, the “Company”) as of September 17, 2021. The foregoing parties may be referred to herein individually as a “Party” and together as the “Parties.”

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • January 30th, 2023 • Mimedx Group, Inc. • Surgical & medical instruments & apparatus

THIS KEY EMPLOYEE RETENTION AGREEMENT (the “Agreement”) is dated as of January 27, 2023 between MiMedx Group, Inc., a Florida corporation (the “Company”), and Joseph H. Capper (the “Executive”) (collectively, the Company and Executive referred to herein as the “Parties).

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • January 28th, 2020 • Carbo Ceramics Inc • Abrasive, asbestos & misc nonmetallic mineral prods • Texas

This Key Employee Retention Agreement (this “Agreement”) is made by and among CARBO CERAMICS INC. (the “Company”) and ________________________ (“Employee”) and is entered into effective as of the date of Employee’s execution of this Agreement, as set forth on the signature page hereto (the “Effective Date”). In order to be eligible for this incentive, Employee must sign and return this letter agreement to Ellen Smith by January 27, 2020, acknowledging agreement to the following terms.

THE GATOR CORPORATION KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • April 8th, 2004 • Claria Corp • California

This Key Employee Retention Agreement (the “Agreement”) is made and entered into by and between Mitchell Weisman (the “Employee”) and The Gator Corporation, a Delaware corporation (the “Company”), effective as of February 7, 2001

Contract
Key Employee Retention Agreement • July 15th, 2013 • Emulex Corp /De/ • Computer communications equipment

Reference is made to that certain Key Employee Retention Agreement between you and Emulex Corporation (“Emulex”), effective as of January 1, 2013 (the “KERA”), which sets forth certain severance benefits that you may be entitled to receive in the event of a qualifying termination of your employment with Emulex. This letter agreement sets forth our mutual understanding with respect to amendment of the KERA as set forth herein. Accordingly, we hereby agree as follows:

RECITALS
Key Employee Retention Agreement • April 1st, 1998 • Accelgraphics Inc • Electronic components & accessories • California
Diamondback Letterhead] [DATE]
Key Employee Retention Agreement • March 17th, 2008 • Diamondback Energy Services, Inc. • Crude petroleum & natural gas • Oklahoma

This Key Employee Retention Agreement (“Agreement”) relates to your position as [TITLE] of Diamondback Energy Services, Inc., a Delaware corporation (the “Company”). Because the Company wishes to assure the present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you and the Company are hereby entering into the following agreements:

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CLARIA CORPORATION KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • April 8th, 2004 • Claria Corp • California

This Key Employee Retention Agreement (the “Agreement”) is made and entered into by and between Richard Mora (the “Employee”) and Claria Corporation, a Delaware corporation (the “Company”), effective as of [employee start date].

GATOR.COM CORPORATION KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • April 8th, 2004 • Claria Corp • California

This Key Employee Retention Agreement (the “Agreement”) is made and entered into by and between Scott VanDeVelde (the “Employee”) and Gator.com Corporation, a Delaware corporation (the “Company”), effective as of March 24, 2000.

ePRESENCE, INC. Key Employee Retention Agreement
Key Employee Retention Agreement • August 13th, 2003 • Epresence Inc • Services-computer integrated systems design • Massachusetts

This Key Employee Retention Agreement (this “Agreement”) between ePresence, Inc., a Massachusetts corporation (the “Company”), and Scott E. Kitlinski (the “Employee”) is made as of May 8, 2003 (the “Effective Date”). The Company and the Employee shall, at times, be referred to herein each as, a “Party,” and together as, the “Parties.”

KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • May 14th, 2013 • Centaur Guernsey L.P. Inc. • Surgical & medical instruments & apparatus • Texas

This Key Employee Retention Agreement (the "Agreement") is effective as of May 6, 2013 (the "Effective Date"), by and between Robert P. Hureau (the "Employee"), and Kinetic Concepts, Inc. (the "Company") (together the "Parties").

SECOND AMENDMENT TO KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • May 14th, 2013 • Centaur Guernsey L.P. Inc. • Surgical & medical instruments & apparatus

In connection with that Key Employee Retention Agreement (“Agreement”) by and between Kinetic Concepts, Inc. (the “Company”) and Teresa A. Johnson (“Employee”) and dated effective as of January 2008, the Company and Employee have agreed that the following changes to the Agreement (in bold) have been made effective as of January 1, 2013:

EMULEX CORPORATION LETTERHEAD]
Key Employee Retention Agreement • August 30th, 2012 • Emulex Corp /De/ • Computer communications equipment

Reference is made to that certain Key Employee Retention Agreement between you and Emulex Corporation (“Emulex”), effective as of January 16, 2009 (the “KERA”), which sets forth certain severance benefits that you may be entitled to receive in the event of a qualifying termination of your employment with Emulex. This letter agreement sets forth our mutual understanding with respect to amendment of the KERA as set forth herein. Accordingly, we hereby agree as follows:

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