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WEIncentiveAgreement - Incentive if any of the two...

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EMPLOYEE RETENTION INCENTIVE AGREEMENT This agreements is made and entered into this ____ day of ___________, 2009, between ___________________, refered to as “Employee,” and Worldwide Enterprises, referred to as “Company.” Employee and Company agree to the following: Employee was hired by Company on the _____ day of _______________, 2009. Employee was hired in the positon of _________________________________. Company desires to retain the services of Employee and Employee desires to continue providing services to Company for a minimum of three (3) years. Upon signing of this Agreement, Company agrees to provide Employee with a Retention
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Unformatted text preview: Incentive if any of the two following conditions occur: • Company terminates the services of Employee for any reason except for criminal misconduct committed by Employee against Company or abandonment by Employee of the responsabilities of the job within three (3) years of signing this Agreement. • Employee provides services to Company for a period of three (3) years from the signing of this Agreement. Upon completion of three (3) years of employment, Employee shall receive Retention Incentive from Company in one (1) payment within five (5) business day of the occurrence of any of the two conditions stated above....
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