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ROST » Topics » Termination upon Non-Renewal of Employment Agreement:

This excerpt taken from the ROST DEF 14A filed Apr 13, 2009.
Termination upon Non-Renewal of Employment Agreement: The NEOs’ employment agreements typically provide for an initial term of three or four years, subject to one or more extensions for additional consecutive terms of two years. However, an NEO’s employment agreement will expire at the end of its then current term if either the NEO fails to request an extension of the employment agreement term or the Board of Directors does not approve the extension.
 
  • This excerpt taken from the ROST DEF 14A filed Apr 14, 2008.
    Termination upon Non-Renewal of Employment Agreement: The NEOs’ employment agreements typically provide for an initial term of three or four years, subject to one or more extensions for additional consecutive terms of two years. However, an NEO’s employment agreement will expire at the end of its then current term if either the NEO fails to request an extension of the employment agreement term or the Board of Directors does not approve the extension.
     

  • EXCERPTS ON THIS PAGE:

    DEF 14A
    		Apr 13, 2009
    DEF 14A
    		Apr 14, 2008

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