Retention Bonus Arrangement Sample Contracts

Retention Bonus Arrangement

Retention Bonus Arrangement • January 15th, 2009 • Gateway Pacific Bancorp • State commercial banks

• Contract Type
  Retention Bonus Arrangement
• Filed
  January 15th, 2009
• Company
  Gateway Pacific Bancorp
• Industry
  State commercial banks

On July 31, 2008, Gateway Pacific Bancorp agreed to pay its Chief Financial Officer, Kirk S. Colburn, a retention bonus equal to two months of Mr. Colburn’s salary (approximately $11,875/month or $23,750), to be paid in two installments.