Retention Amount
Retention Amount. For any Eligible Employee, a lump sum cash payment equal to the Eligible Employee's Base Salary as in effect immediately prior to the Distribution Event; provided, however, that, if the Distribution Event follows a Change in Control, Base Salary shall not be less than the Eligible Employee's highest rate of Base Salary in effect within the 12-month period immediately preceding the Change in Control.
All Definitions
Found in
CHRISTOPHER & BANKS CORP contract