Retention Letter AgreementRetention Letter Agreement • August 16th, 2011 • Vangent, Inc. • Services-computer integrated systems design • Virginia
The purpose of this letter agreement (this “Letter Agreement”) is to inform you that in recognition of your contributions to the current and future value of Vangent Holding LLC and its subsidiaries (collectively, the “Vangent Companies”), including, but not limited to, Vangent Holding Corp. and Vangent, Inc., Vangent, Inc. will provide you with an enhanced retention benefit under certain terminations of employment (as described below). You are one of a select number of individuals receiving this benefit, and it is critical that you keep this Letter Agreement confidential and not discuss it with any of your colleagues.
Re: Retention Letter Agreement (the “Letter Agreement”)Retention Letter Agreement • May 1st, 2020 • Legg Mason, Inc. • Investment advice • Maryland
In connection with the transaction (the “Transaction”) by and between Legg Mason, Inc. (together with its affiliates, subsidiaries, successors or parent companies, “Legg Mason”) and Franklin Resources, Inc. (together with its affiliates and subsidiaries, “Franklin”), we are pleased to offer you a retention incentive to encourage you to remain actively employed through the date of the closing of the Transaction (the “Closing” and such date, the “Closing Date”), subject to the terms and conditions set forth in this Letter Agreement. The period commencing on the date of this Letter Agreement through the Closing Date is referred to in this Letter Agreement as the “Retention Period”.
Form of Retention Letter AgreementRetention Letter Agreement • February 17th, 2012 • Oilsands Quest Inc • Miscellaneous metal ores
As announced on November 29th, 2011, Oilsands Quest Inc. ("OQI") filed for creditor protection under Companies’ Creditors Arrangement Act (“CCAA”). As such, we understand this presents a lot of uncertainty for you and your future with the Company. We also understand the competitiveness within the Calgary marketplace for strong oil and gas skill sets.
Chief Executive Officer and Senior Vice President Winland Electronics, Inc. Re: Retention Letter Agreement Dear Mr. Lawrence:Retention Letter Agreement • August 5th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control
As we have discussed, you signed a Stay Bonus Letter Agreement previously with Winland Electronics, Inc. (the “Company”) whereby your compensation was set until June 30, 2011.
Name] At the Address on File with the Company Dear [Name]:Retention Letter Agreement • July 23rd, 2018 • Syntel Inc • Services-computer programming services • Michigan
This is your Retention Letter Agreement (the “Agreement”) with Syntel, Inc. (the “Company”). Reference is made to that certain Agreement and Plan of Merger, dated as of July 20, 2018 (the “Merger Agreement”), by and among the Company, Atos SE and Green Merger Sub Inc. In recognition of your role as a key employee of the Company and the importance of your continued contributions in anticipation of the sale of the Company as contemplated by the Merger Agreement, you have been selected to receive a change in control performance bonus (the “CIC Performance Bonus”) and a six month retention bonus (the “Six Month Retention Bonus” and, together with the CIC Performance Bonus, the “Retention Bonuses”) in accordance with the terms of this Agreement. Your right to receive each of the CIC Performance Bonus and the Six Month Retention Bonus described herein is contingent on the occurrence of the Closing. In the event the Merger Agreement terminates by its terms and the Closing has not occurred, th
Re: Amended and Restated Retention Letter AgreementRetention Letter Agreement • February 29th, 2008 • optionsXpress Holdings, Inc. • Security brokers, dealers & flotation companies • Illinois
In keeping with our discussions, this letter agreement memorializes the terms of your continued retention by optionsXpress Holdings, Inc. (the “Company”). This letter amends and restates that certain Retention Letter Agreement, dated as of January 5, 2005, which shall continue is full force and effect from the date hereof as amended hereby.
Name] At the Address on File with the Company Dear [Name]:Retention Letter Agreement • October 7th, 2024 • Vector Group LTD • Cigarettes
This is your Retention Letter Agreement (the “Agreement”) with Vector Group Ltd. (the “Company”). Reference is made to that certain Agreement and Plan of Merger, dated as of August 21, 2024 (the “Merger Agreement”), by and among JTI (US) Holding Inc., Vapor Merger Sub Inc. (“Merger Sub”) and the Company, pursuant to which Merger Sub will merge with and into the Company (the “Merger”). In recognition of your role as a key employee of the Company and the importance of your contributions in anticipation of the Merger, you have been selected to receive a retention award (a “Retention Award”) in accordance with the terms of this Agreement. Your right to receive the Retention Award described herein is contingent on the occurrence of the Closing and is subject to the terms and conditions set forth herein. In the event the Merger Agreement terminates by its terms and the Closing has not occurred, this Agreement will terminate and be of no force or effect. Capitalized terms not otherwise define
Retention Letter AgreementRetention Letter Agreement • January 17th, 2019 • Glaxosmithkline PLC • Pharmaceutical preparations
As you know, GlaxoSmithKline plc (“GSK”) has entered into that certain Agreement and Plan of Merger, dated as of December 3, 2018 (the “Merger Agreement”), among GSK, Adriatic Acquisition Corporation, an indirect wholly-owned subsidiary of GSK (“Purchaser”) and Tesaro, Inc. (“Tesaro”). Pursuant to the terms and conditions of the Merger Agreement, Purchaser has agreed to commence a cash tender offer to purchase all of the outstanding and issued shares of common stock of Tesaro (the “Transaction”).
EXHIBIT 10.12 January 5, 2005 Mr. James Gray 769 Greenwood Avenue Glencoe, Illinois 60022 Re: RETENTION LETTER AGREEMENT Dear Jim: In keeping with our discussions, this letter agreement memorializes the terms of your continued retention by...Retention Letter Agreement • January 7th, 2005 • optionsXpress Holdings, Inc. • Security brokers, dealers & flotation companies • Illinois
AFT October 23, 2000 [FORM OF RETENTION LETTER AGREEMENT FOR SENIOR NDB EXECUTIVES] [Date] [Employee Name and Address] Re: Your Employment Dear: In connection with the pending acquisition of National Discount Brokers Group, Inc. (the "Company") by...Retention Letter Agreement • October 24th, 2000 • Deutsche Bank Ag\ • Security brokers, dealers & flotation companies • New York
Re: Retention Letter Agreement (the “Letter Agreement”)Retention Letter Agreement • May 1st, 2020 • Legg Mason, Inc. • Investment advice
In connection with the transaction (the “Transaction”) by and between Legg Mason, Inc. (together with its affiliates, subsidiaries, successors and parent companies “Legg Mason”) and Franklin Resources, Inc. (together with its affiliates and subsidiaries, “Franklin”), we are pleased to offer you a retention incentive to encourage you to remain actively employed through the date of the closing of the Transaction (the “Closing” and such date, the “Closing Date”), subject to the terms and conditions set forth in this Letter Agreement. The period commencing on the date of this Letter Agreement through the Closing Date is referred to in this Letter Agreement as the “Retention Period”.
Anthony D. DiLucente [ADDRESS WITHHELD FOR PRIVACY] Dear Tony:Retention Letter Agreement • May 8th, 2020 • Servicemaster Global Holdings Inc • Services-management services • Tennessee
ServiceMaster Global Holdings, Inc. (the “Company”) is in the process of searching for a new permanent Chief Executive Officer (“CEO”). Your continued leadership is very important to the Company and to the new CEO’s transition at the Company, and therefore the Company is prepared to offer you this retention Letter Agreement (this “Agreement”) to ensure the Company will have the benefit of your continued service. This Agreement memorializes our discussions and agreement concerning your continued employment as the Chief Financial Officer (the “CFO”) of the Company and if a new CEO elects to bring in a new CFO to the Company, your subsequent role as Executive Advisor and separation from service with ServiceMaster. For purposes of this Agreement, “ServiceMaster” or “Company” shall include ServiceMaster Global Holdings, Inc., and each of its subsidiaries.
Lantronix, Inc. Irvine, California 92618 Email: [Email address] Re: Retention Letter Agreement Dear [Select Name Prefix] [Last Name],Retention Letter Agreement • July 5th, 2023 • Lantronix Inc • Computer communications equipment
The Compensation Committee of the Board of Directors of Lantronix, Inc (the “Company”) is very pleased with your continued dedication to the Company, and would like, by this letter, to demonstrate the Company’s commitment to you.
Retention Letter AgreementRetention Letter Agreement • January 17th, 2019 • Glaxosmithkline PLC • Pharmaceutical preparations
As you know, GlaxoSmithKline plc (“GSK”) has entered into that certain Agreement and Plan of Merger, dated as of December 3, 2018 (the “Merger Agreement”), among GSK, Adriatic Acquisition Corporation, an indirect wholly-owned subsidiary of GSK (“Purchaser”) and Tesaro, Inc. (“Tesaro”). Pursuant to the terms and conditions of the Merger Agreement, Purchaser has agreed to commence a cash tender offer to purchase all of the outstanding and issued shares of common stock of Tesaro (the “Transaction”).
