OFFER OF EMPLOYMENTExecutive Employment Agreement |
|
|
|
You are currently viewing: This Executive Employment Agreement involves
NRG ENERGY, INC.. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
|
|
|
Search Executive Employment Agreement by:
Exhibit 10.2
June 21, 2005
Kevin Howell
[ADDRESS]
Dear Kevin:
I am pleased to confirm our offer for the position of Executive Vice President, Commercial Operations for NRG Energy, Inc. This position will report to me and is located at the Company’s corporate office located in Princeton, NJ. The key elements of our offer are summarized below:
Base Salary – Your annual salary will be $365,000 paid on a bi-weekly basis.
Start Date – Your first day of employment will be August 1, 2005.
Signing Bonus – In addition to the base salary, the company shall pay a one-time signing bonus of $350,000 (gross) payable in a single lump sum payment; provided, however, that you agree to reimburse the Company, on a pro-rata basis if prior from one year from your start date, you terminate your employment with the Company.
Personal Time Off/Holidays – You will accrue personal time off (PTO) at the rate of 16.67 hours per month for a total of 25 days per y






