Employee Retention Plan definition

Employee Retention Plan means the PNM Resources, Inc. Employee Retention Plan, as it may be amended or replaced from time to time.
Employee Retention Plan means the employee retention plan which is described in Exhibit C to this Plan.
Employee Retention Plan means a program specifically designed to retain certain key employees, including certain executive officers currently employed by Target, for the duration of their employment with Purchaser, the form of which program Purchaser and Target shall negotiate in good faith prior to the Closing and which program shall be substantially similar to Helbiz’s 2021 Omnibus Incentive Plan.

Examples of Employee Retention Plan in a sentence

  • The Contractor must maintain and adhere to the Employee Retention Plan (ERP) throughout the life of the contract.

  • In a pre-BAPCPA decision in the U.S. Airways bankruptcy, the court considered proposed severance and retention plans for its officer and non-officer managerial employees.50 The proposed plan, called a Key Employee Retention Plan or KERP, affected executives and over 1,800 management employees and was formulated in contemplation of a merger of the debtor with another airline.

  • Miller in Support of the Debtors’ Motion for Entry of an Order Approving the Debtors’ Key Employee Incentive Plan and the Key Employee Retention Plan and Granting Related Relief, dated July 13, 2012 (“Miller KEIP Declaration”),4 at ¶ 11; see 7/26 Tr. at 25.) The Debtors did not pay any bonuses to senior management under the 2011 plan because it failed to meet its targets.

  • This garage meets the demands of Lowell High School, the UMass Lowell Tsongas Center, and the many commercial tenants of the Wannalancit Mills, as well as providing parking for the surrounding community.

  • Only the largest and most-recently adopted retention plan, Debtor FirstEnergy Nuclear Operating Company’s (“FENOC”) 2018 Key Employee Retention Plan (“KERP”) (the “2018 FENOCKERP”), drew opposition.


More Definitions of Employee Retention Plan

Employee Retention Plan means a program specifically designed to retain certain key employees, including certainexecutive officers currently employed by Target, for the duration of their employment with Purchaser, the form of which program Purchaser and Target shall negotiate in good faith prior to the Closing and which program shall be substantially similar to Helbiz’s 2021 Omnibus Incentive Plan.
Employee Retention Plan has the meaning given to it in Schedule 5.
Employee Retention Plan has the meaning set forth in Section 1.4(d).
Employee Retention Plan means that certain Employee Retention Plan adopted by HLI's board of directors and approved by order of the Bankruptcy Court on May 28, 2002, as the same may be amended.
Employee Retention Plan shall have the meaning specified in Section 2.6.5(a) of the Agreement.
Employee Retention Plan means the Key Employee Retention Plan approved and adopted by Seller and the Company on November 7, 2007 allowing for payment of retention bonuses if employees continued in the employ of the Company through and beyond the consummation of this transaction.
Employee Retention Plan has the meaning ascribed to it in the Restructuring Term Sheet.