Retention Benefits definition

Retention Benefits mean the payments to be made to the Executive during the Initial Term pursuant to Section 4 hereof.

Retention Benefits means the Cash Retention Bonus and Equity Retention Grant described in Article III.

Retention Benefits means the amount of the retention bonus payable to a Participant pursuant to his or her Participation Agreement.

Examples of Retention Benefits in a sentence

• If the Executive’s employment relationship with the Companies is terminated by the Companies for Cause, the Executive shall not be eligible for Severance Benefits and for the unvested Retention Benefits and the Non-Compete Payment and all rights of the Executive and obligations of the Companies under this Agreement shall expire.

• The right to payment of any Retention Benefits or Office Closure Severance Benefits (each, a “Benefit”) will be contingent on the timely execution and delivery of a waiver and release in a form acceptable to and provided by the Company (the “Release”) and your non-revocation of the Release.

• Notwithstanding the general requirement that you must remain in the employment of the Company until the Retention Date in order to be eligible to receive payment of your Retention Benefits, if, prior to the Retention Date, your employment is terminated by the Company without Cause or by you for Good Reason (as such terms are defined in Exhibit A hereto), you will remain entitled to receive the Retention Benefits.

• Recruitment and Retention Benefits The consideration of awarding such benefits as travel, housing costs, childcare, health provision etc.

• Employee acknowledges that the Retention Payments and Retention Benefits are in excess of any benefits to which Employee is otherwise entitled absent his signature and non-revocation of this Agreement.

More Definitions of Retention Benefits

Retention Benefits means the salary continuation, welfare benefits continuation, and other severance-related benefits described in Section 4.3 of the Plan.

Retention Benefits means the benefits payable in accordance with Section 3 of this Plan.

Retention Benefits as follows:

Retention Benefits means payment of the following amounts:

Retention Benefits shall have the meaning specified in the Merger Agreement.

Retention Benefits. The successful completion of the below Eligibility Requirements will result in the following benefits: A total payment to the Associate in the amount of $250,000, less applicable payroll withholdings and other deductions (the “Retention Bonus”). The Retention Bonus will be paid in two installments: $125,000 on January 15, 2014 and $125,000 on January 15, 2015. The time for the date of this Agreement through January 15, 2015 shall be deemed the “Retention Period.”

Retention Benefits as used herein refers to amounts paid, over and above the employee's regular compensation, for the period from the Closing Date to the expiration of the term of the Transitional Services Agreement.