Sentence examples for retention agreement from inspiring English sources
'Is our privacy retention agreement a factor in your calculations?' Akiko Kato's offence is razor-sharp.
But there on the screen was Mr. Swartz's retention agreement from 2001, complete with a passage about providing a "gross up" for bonuses.
Late in 2001, Mr. Belnick drafted another $20 million retention agreement, which he presented to the board only after it had been completed, according to the suit.
"She is misconstruing my attempt, on behalf the governance committee, in early May to get the compensation committee to reconsider the retention agreement with Mark Belnick that it had approved of in February".
The retention agreement included in the minutes did not include another disputed contract that would have given Mr. Belnick a cash bonus at least one-third as large as Mr. Kozlowski's.
The forms generally list compensation for the most highly paid staff members, like the $556,000 earned by Mr. Haimes in 2008 and the details about his retention agreement, worth $3.2 million if he stays on until 2018.
In response to the court's opinion, firms have begun to take the obvious and understandable step of putting these "fees for fees" into their retention agreements.
To guard against this risk, lawyers wanted to include a provision in their retention agreements that would have given bankruptcy judges the ability to award fees in such situations, when the judges felt it was warranted.
Finally, it appears that PG&E (with the participation of at least some of its unions) has already executed retention agreements with its employees, presumably incorporating the terms proposed by PG&E in this proceeding.
Does the seller need to establish a "carveout plan" or provide retention agreements to retain management or key employees through the closing (typically where the deal value is unlikely to fairly compensate them through their stock options)?
It has also worked to strengthen the penalties for companies that violate job-retention agreements.
