Retention Bonus Agreement Sample Contracts

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RETENTION BONUS Agreement
Retention Bonus Agreement • August 14th, 2024 • Superior Energy Services Inc • Oil & gas field services, nec • Delaware

THIS RETENTION BONUS AGREEMENT (this “Agreement”) is made and entered into as of December 15, 2023 (the “Effective Date”) by and between Superior Energy Services, Inc., a Delaware corporation (the “Company”), and Bryan M. Ellis (the “Participant”). Capitalized terms used in this Agreement without definition have the meanings ascribed to such terms in the Superior Energy Services, Inc. 2021 Management Incentive Plan (as it may be amended from time to time, the “Plan”).

Re: Retention Bonus Agreement
Retention Bonus Agreement • December 22nd, 2006 • Innophos Holdings, Inc. • Wholesale-chemicals & allied products • New York

As you know, Innophos, Inc. (“Innophos” or the “Company”) has explored a number of strategic alternatives including an initial public offering (an “IPO”) of Equity Securities of Innophos Holdings, Inc. or its successor (as the case may be, “Parent”). This letter agreement (this “Agreement”) sets forth, among other things, the special incentive arrangements for which you will be eligible in connection with your continued employment and cooperation in the event of an IPO. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in paragraph 4 below.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • October 6th, 2004 • Summit Properties Inc • Real estate investment trusts • North Carolina

AGREEMENT made as of this 26th day of May 2004 by and between Summit Properties Inc., a Maryland corporation with its principal place of business in Charlotte, North Carolina (the “Company”), and Keith L. Downey of Charlotte, NC (the “Executive”).

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • March 11th, 2019 • Mr. Cooper Group Inc. • Finance services • Texas

This Retention Bonus Agreement (“Agreement”) is made and entered into as of February 12, 2018, by and between Nationstar Mortgage Holdings Inc., a Delaware corporation (the “Company”), with its principal place of business located at 8950 Cypress Waters Blvd., Coppell, TX 75019 and Tony Villani, an individual (hereinafter called “Executive”), whose principal residence is located at 9030 Devonshire Dr., Dallas Texas 75209.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • May 18th, 2010 • Nobel Learning Communities Inc • Services-educational services • Pennsylvania

THIS RETENTION BONUS AGREEMENT (the “Agreement”), is made on this 17th day of May, 2010, by and between NOBEL LEARNING COMMUNITIES, INC. (“Nobel Learning”) and DR. SUSAN RACE (the “Employee”).

RETENTION BONUS AGREEMENT February 7, 2014
Retention Bonus Agreement • September 7th, 2017 • Barnes & Noble Inc • Retail-miscellaneous shopping goods stores • New York

The Company has approved a one-time retention bonus to you in the amount of $264,443 (your “Retention Bonus”). Your Retention Bonus will vest with respect to 50% of the amount if you are continuously employed by the Company through February 7, 2016 (the “Initial Vesting Date”) and with respect to the remaining 50% of the amount if you are continuously employed by the Company through February 7, 2017 (the “Final Vesting Date”). In the event that you voluntarily terminate your employment or the Company terminates your employment for “Cause” (as defined below), you will not receive the then-unvested portion of your Retention Bonus. If vested, payment of the applicable portion of your Retention Bonus will be made by the Company in cash, less applicable taxes and other withholdings, within 30 days after the Initial or Final Vesting Date, as appropriate. Taxes on the award shall remain your sole responsibility.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • January 29th, 2010 • Verecloud, Inc. • Services-computer programming services

This Retention Bonus Agreement (the "Agreement") is made and entered into effective as of January 27, 2010 (the "Effective Date"), by and between Mike Cookson (the "Employee") and Verecloud, Inc. (the "Company").

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • February 28th, 2013 • Lenco Mobile Inc. • Services-advertising • Delaware

THIS AGREEMENT, made and entered into as of December 23, 2011, by and among Lenco Mobile Inc., a Delaware corporation (“Lenco”), iLoop Mobile, Inc., a Delaware corporation (the “Company”), and Richard Ballard, an individual (“Recipient”).

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • September 28th, 2011 • Harris Interactive Inc • Services-management consulting services
RETENTION BONUS AGREEMENT
Retention Bonus Agreement • April 18th, 2019 • Enterprise Products Partners L P • Natural gas transmission • Texas

This Retention Bonus Agreement (“Agreement”) is made and entered into effective as of April 15, 2019 (the “Effective Date”), between Enterprise Products Company (“Company”) and W. Randall Fowler (“Employee”).

FRANKLIN SYNERGY BANK RETENTION BONUS AGREEMENT
Retention Bonus Agreement • February 14th, 2014 • Franklin Financial Network Inc. • Tennessee

This Retention Bonus Agreement (the “Agreement”), entered into effective January 29, 2014, is by and between Dallas G. Caudle, Jr. (“Executive”) and Franklin Synergy Bank (“Company”), located in Franklin, Tennessee.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • August 5th, 2020 • Greenlight Capital Re, Ltd. • Fire, marine & casualty insurance

This Retention Bonus Agreement (this “Agreement”), dated as of May 4, 2020 (the “Effective Date”), is by and between Greenlight Reinsurance, Ltd. (the “Subsidiary”) and Brendan Barry (“Executive”) (each a “Party” and, collectively, the “Parties”).

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • April 10th, 2012 • Amedisys Inc • Services-home health care services • Louisiana

This RETENTION BONUS AGREEMENT (this “Agreement”), dated as of April 5, 2012 (the “Effective Date”), is by and among Amedisys, Inc., a Delaware corporation (“Amedisys”), Amedisys Holding, L.L.C., a Louisiana limited liability company (“Holding,” and, collectively with Amedisys, the “Company”), and Jeffrey D. Jeter, an individual residing in the State of Louisiana (the “Executive”).

Armstrong Energy, Inc. Retention Bonus Agreement
Retention Bonus Agreement • June 12th, 2017 • Armstrong Energy, Inc. • Bituminous coal & lignite surface mining • Missouri

On behalf of Armstrong Energy, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a retention bonus, if you agree to the terms and conditions contained in this Retention Bonus Agreement (this “Agreement”), which shall be effective as of the date of your signature below (the “Effective Date”).

Re: Retention Bonus Agreement and Release
Retention Bonus Agreement • July 22nd, 2016 • Golden Enterprises Inc • Miscellaneous food preparations & kindred products • Alabama

As you may know, the board of directors of Golden Enterprises, Inc. (“Golden Enterprises”) is in the process of evaluating strategic alternatives for Golden Enterprises, with the objective of enhancing growth opportunities and unlocking shareholder value (the “Process”). In recognition that your continued service and dedication to Golden Enterprises and Golden Flake Snack Foods, Inc. (together with Golden Enterprises, the “Company”) is essential to the successful completion of the Process, and as an inducement for you to remain employed with Company throughout the Process, we are pleased to offer you the opportunity to earn a retention bonus, as described in this letter agreement.

TITLE 37—PAY AND ALLOWANCES OF THE UNIFORMED SERVICES
Retention Bonus Agreement • September 18th, 2019

is eligible to enter into a retention bonus agreement under section 301d of title 37, United States Code (as added by subsection (a)) may terminate any existing retention bonus agreement entered into by that officer under [section] 612 of the National Defense Authoriza- tion Act, Fiscal Year 1989 [Pub. L. 100–456] (37 U.S.C. 302 note), in order to enter into an agreement under sec- tion 301d of such title containing an active-duty service obligation that is not less than the active-duty service obligation remaining under the existing agreement on the date of its termination.

December 20, 2016
Retention Bonus Agreement • February 2nd, 2017 • InvenSense Inc • Semiconductors & related devices • California

InvenSense, Inc. (the “Company”) has approved the payment of a bonus (a “Retention Bonus”) to you. This letter agreement sets forth the terms and conditions of your Retention Bonus, including the requirements that you must meet in order to receive your Retention Bonus.

Sandeep “Steve” Laumas, M.D., Chief Financial Officer Re: One-Year Retention Bonus Agreement for Executive Officers Dear Steve:
Retention Bonus Agreement • May 11th, 2023 • Instil Bio, Inc. • Biological products, (no disgnostic substances)

As you have been informed, Instil Bio, Inc. (the “Company”) is offering you the retention bonus described in this letter (the “One-Year Bonus Agreement”) as an incentive for your continued service to the Company in the coming years.

AGREEMENT
Retention Bonus Agreement • March 12th, 2007 • FreightCar America, Inc. • Railroad equipment • Illinois

This AGREEMENT (the “Agreement”) is entered into effective as of March 8, 2007 (the “Effective Date”), by and between FreightCar America, Inc., a Delaware corporation (the “Company”), and Ken Bridges (the “Executive”).

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RETENTION BONUS AGREEMENT
Retention Bonus Agreement • November 12th, 2004 • Chalone Wine Group LTD • Beverages • California

This Retention Bonus Agreement (the “Agreement”) is made and entered into effective as of August 22, 2004 (the “Effective Date”), between CHALONE WINE GROUP, LTD., a California corporation (the “Company”), and Shawn Blom (“Employee”).

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • December 3rd, 2020 • PET Acquisition LLC • Retail-retail stores, nec • California

This Retention Bonus Agreement (Agreement) is effective on April 1, 2020, by and between Michelle Bonfilio (hereinafter “Employee”) and Petco Animal Supplies Stores., Inc. (hereinafter “Company”). In consideration of the mutual promises made herein, the Company and Employee agree as follows.

OFFICEMAX INCORPORATED RETENTION BONUS AGREEMENT
Retention Bonus Agreement • February 25th, 2014 • Office Depot Inc • Retail-miscellaneous shopping goods stores

This OfficeMax Performance-Based Retention Bonus Agreement (“Agreement”) is made and entered into by and between OfficeMax Incorporated (“OfficeMax” or “Company”) and Deborah O’Connor (“Associate”) as of July 24, 2013.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • March 9th, 2020 • Aduro Biotech, Inc. • Pharmaceutical preparations • Delaware

This RETENTION BONUS AGREEMENT (“Agreement”) is entered into as of January 9, 2020, by and between Aduro Biotech, Inc. (the “Company”) and Celeste Ferber (the “Employee”).

Re: Retention Bonus Letter Agreement
Retention Bonus Agreement • February 20th, 2014 • Fti Consulting Inc • Services-management consulting services • Maryland

FTI Consulting, Inc. (the “Company”) is pleased to offer you a cash retention award pursuant to the terms and conditions set forth in this letter agreement (this “Agreement”).

EX-10.3 5 g03268k2exv10w3.htm EX-10.3 RETENTION BONUS AGREEMENT/STEPHEN P. HALL
Retention Bonus Agreement • May 5th, 2020

Exhibit 10.3 EXECUTION COPY Tripath Imaging, Inc. 780 Plantation Drive Burlington, NC 27215 Becton, Dickinson and Company 1 Becton Drive Franklin Lakes, NJ 07417 September 8, 2006 Stephen P. Hall 780 Plantation Drive Burlington, NC 27215 Dear Steve: As you are aware, TriPath Imaging, Inc. (the “Company”), a Delaware corporation, is contemplating the sale to Becton, Dickinson and Company (the “Sale”) of the approximately 93.5% of the outstanding shares of the Company that Becton, Dickinson and Company (“BD”) does not already own. As a result of the Sale, the Company will become a wholly-owned subsidiary of BD. On behalf of the Company, I am pleased to offer you the opportunity to earn a retention bonus in connection with the successful completion of the Sale and your continued employment by the Company and its affiliates (the “BD Group”) for eighteen (18) months following the completion of the Sale (such period, the “Retention Period”), the terms of which are outlined below. Notwithstan

May [●], 2020 PERSONAL AND CONFIDENTIAL [FIRST NAME][LAST NAME] Dear [FIRST NAME],
Retention Bonus Agreement • July 30th, 2020 • Valaris PLC • Drilling oil & gas wells

As you know, Valaris plc (together with its subsidiaries, the “Company”) is currently facing a challenging business environment due largely to the recent collapse in oil prices, the dramatic decline in global demand for oil and the economic uncertainties created by world efforts to control the spread of the COVID-19 pandemic. In light of this situation, the Company has made certain changes to your compensation as described in this letter agreement (this “Agreement”). We thank you for your hard work and continuous efforts and are pleased that we are able to offer a revised compensation program during these challenging times.

Re: Retention Bonus
Retention Bonus Agreement • December 10th, 2020 • GTT Communications, Inc. • Telephone communications (no radiotelephone) • Delaware

On behalf of GTT Communications, Inc. (“GTT”, and together with its subsidiaries, the “Company” or “we”), we are pleased to offer you the opportunity to receive a retention bonus as set forth below if you agree to the terms and conditions contained in this letter agreement (this “Agreement”), which will be effective as of the date you execute and return a copy of this Agreement (such date, the “Effective Date”). In order to be eligible for the Retention Bonus you must sign and return this Agreement to GTT by December 10, 2020, agreeing to the terms specified in this Agreement, otherwise the Agreement shall be null and void.

July 1, 2016
Retention Bonus Agreement • December 18th, 2017 • AGNC Investment Corp. • Real estate investment trusts

In connection with the Purchase and Sale Agreement, dated as of May 23, 2016, by and among American Capital Asset Management, LLC, American Capital Mortgage Management, LLC (the “Company”), American Capital, Ltd. and American Capital Agency Corp., the Company has approved the payment of two retention bonuses to you. This letter agreement sets forth the terms and conditions of these two retention bonuses, including the requirements that you must meet in order to receive each of them.

September 10, 2020 Andreas Meyer Dear Andy,
Retention Bonus Agreement • March 5th, 2021 • Superior Industries International Inc • Motor vehicle parts & accessories

We consider your continued service and dedication to Superior Industries International, Inc. (the “Company” or “Superior”) essential to our business. To retain you as a key leader of the Company, we are pleased to offer you this Retention Bonus Agreement.

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • June 4th, 2010 • Gordmans Stores, Inc. • Retail-apparel & accessory stores • Nebraska

This Retention Bonus Agreement (the “Agreement”) is entered into as of the 20 day of March, 2008, between Gordmans, Inc., a Delaware corporation, (the “Company”) and Mike James, Vice President and Chief Financial Officer of the Company, (“Executive”).

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