Restoration Plan Amendment Sample Contracts

AutoNDA by SimpleDocs
FIRST AMENDMENT TO THE SYNCHRONY FINANCIAL RESTORATION PLAN
Restoration Plan Amendment • February 25th, 2016 • Synchrony Financial • Finance services

WHEREAS, in connection with the Company’s separation from General Electric Company, the Company and General Electric Company have entered into various agreements and modifications to such agreements regarding who will be responsible for the payment of certain bonus amounts and, as a result of such agreements and modifications, bonus payments to certain employees that previously were going to be made by the Company will instead be made by General Electric Company;

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