Resources
Business Contracts
MCLE Courses
Projects
Friends
|
printer-friendly
Sample Business Contracts
Home: Sample Business Contracts:
Sponsored Links
Featured Bonus Programs
CORRECTED
EBAY INC.
TO: MAYNARD WEBB
FROM: EBAY
RE: RETENTION BONUS PLAN
DATE: JANUARY 10, 2001
--------------------------------------------------------------------------------
eBay Inc. (the "Company") is pleased to provide you with this Retention Bonus
Plan (the "Retention Plan") to encourage you to remain employed by the Company.
Set forth below is your Retention Plan for 2001-2004.
RETENTION BONUS SCHEDULE:
Under the Retention Plan, you are eligible to earn annual retention bonuses for
the years 2001 through 2004, under the following schedule:
BONUS PAYMENT DATE BONUS AMOUNT
------------------ ------------
August 28, 2001 $355,200
August 28, 2002 $449,900
August 28, 2003 $646,100
August 28, 2004 $1,154,000
The retention bonuses are subject to standard payroll deductions and
withholdings. You must be employed by the Company on the Bonus Payment Date in
order to earn and receive the retention bonus. You understand that if your
employment ceases prior to the Bonus Payment Date for any reason, you will not
be eligible to receive the retention bonus for that or any subsequent year and
that no pro rata retention bonus can be earned.
AGREED AND ACCEPTED:
/s/ Maynard Webb Date: January 10, 2001
--------------------------- -----------------------
MAYNARD WEBB
Related Resources
|
|
