Retention Bonus Letter Agreement Sample Contracts

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AMENDMENT TO RETENTION BONUS LETTER AGREEMENT
Retention Bonus Letter Agreement • November 14th, 2024 • T2 Biosystems, Inc. • Surgical & medical instruments & apparatus

This Amendment to Retention Bonus Letter Agreement is entered into as of November 13, 2024, by and between T2 Biosystems, Inc., a Delaware corporation having its principal place of business at 101 Hartwell Avenue, Lexington, Massachusetts 02421 USA (“T2 Bio”) and John Sprague (“Employee”). Capitalized terms used herein without definition shall have the meaning ascribed thereto in the Retention Bonus Letter Agreement (as defined below).

RETENTION BONUS LETTER AGREEMENT ADDENDUM
Retention Bonus Letter Agreement • May 14th, 2003 • Legato Systems Inc • Services-prepackaged software

Subparagraph (iii) of Paragraph A of Part Two of your January 20, 2003 retention bonus letter agreement with the Company contains an incorrect formula for determining your bonus allocation in the event the change in control proceeds payable in connection with an acquisition of Legato Systems, Inc. are more than $ 1 Billion but less than $1.25 Billion. The correct formula is set forth below and replaces and supersedes the formula contained in your retention bonus letter agreement.

AMENDMENT TO RETENTION BONUS LETTER AGREEMENT
Retention Bonus Letter Agreement • November 14th, 2024 • T2 Biosystems, Inc. • Surgical & medical instruments & apparatus

This Amendment to Retention Bonus Letter Agreement is entered into as of November 13, 2024, by and between T2 Biosystems, Inc., a Delaware corporation having its principal place of business at 101 Hartwell Avenue, Lexington, Massachusetts 02421 USA (“T2 Bio”) and Michael Gibbs (“Employee”). Capitalized terms used herein without definition shall have the meaning ascribed thereto in the Retention Bonus Letter Agreement (as defined below).

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