Retention Arrangement definition

Retention Arrangement means any written agreement executed by the Company (or its applicable Subsidiary) and an Optionholder on or prior to the Closing Date, pursuant to which such Optionholder has agreed to waive a portion of his or her Option Consideration (to be applied to reduce such Optionholder’s Closing Option Payment only).
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Retention Arrangement means any transaction, retention, change in control, or “stay” bonus, payment or award, or any similar arrangement, which is payable by an Acquired Entity, or Fund Entity, or any of their respective Subsidiaries, in each case, in connection with or after the Closing, including, for the avoidance of doubt, the Plans set forth on Section 1.1(a)(IX) of the Disclosure Schedules.
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Retention Arrangement means any cash or equity-based bonus or incentive that becomes payable or vests based on continued services through one or more specified dates or events or upon a change in control or similar transaction.
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Examples of Retention Arrangement in a sentence

  • If the Executive fails to provide timely notice to the Company substantially in form of the notice attached hereto as Exhibit A, the Executive will be deemed to have elected Retention Arrangement No. 1 described in the form of notice attached as Exhibit A.

  • Any options granted in connection with the ------------- applicable Retention Arrangement set forth on Exhibit A attached hereto shall be subject to the terms and conditions set forth in Exhibit B attached hereto and made a part hereof.

  • Subject to the eligible Transferred Company Employee’s satisfaction of the conditions to receipt of payment under the applicable Retention Arrangement (including the execution, delivery and non-revocation of a release of claims), Purchaser shall timely satisfy the Retention Payment obligations under the Retention Arrangements in accordance with the details set forth on the Retention Spreadsheet.

  • Key Employees Incentive Plan (the "KELP'); or (ii) the Retention Arrangement or Prior Letter Agreement other than his eligibility for the Separation Benefits, so long as he satisfied the terms herein.

  • Buyer shall provide the DRS Sellers and the Company with sufficient information regarding each New Retention Arrangement to enable the DRS Sellers and the Company to obtain stockholder approval of any compensation payable under each such New Retention Arrangement in accordance with the 280G Shareholder Approval Procedures.

  • Any options granted in connection with the applicable Retention Arrangement set forth on Exhibit A attached hereto shall be subject to the terms and conditions set forth in Exhibit B attached hereto and made a part hereof.

  • This Agreement shall be for a period of nine months commencing February 1, 2000 and terminating November 1, 2000.

  • In no event shall Buyer be responsible for reimbursing Seller more than (i) 50% of the aggregate Retention Arrangement Payments made by Seller pursuant to Parts (A)(1) and (A)(3) of Schedule 5.08(c) or (ii) the amount equal to the difference between $1,050,000 and the aggregate amount paid by Buyer pursuant to Part A(2)(b) of Schedule 5.08(c).

  • Notwithstanding anything to the contrary in the immediately foregoing paragraph of this Section 3, the execution of this Agreement, together with the NCA and the MAA, in no manner modifies the obligation related to payment to the Executive of the “Closing Bonus” referenced in the Retention Arrangement Letter.