OFFER OF EMPLOYMENTExecutive Employment Agreement |
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EXHIBIT 10.1
As an additional incentive, Invitrogen will pay you a “signing bonus” of $250,000, less applicable tax and other withholdings, on the first payday after your start date. Should you voluntarily resign prior to completing one year of service, 100% of the after tax amount would be repayable to the Company; should you voluntarily resign prior to completing two years of service, two-thirds of the after tax amount would be repayable, and should you voluntarily resign prior to completing three years of service, one-third of the after tax amount would be repayable to the Company. This bonus would not be repayable to the Company in the event of a te
