Document:

pir-ex10283_153.htm

 

Exhibit 10.28.3

 

	
	

 

 

Sign-On Bonus Repayment Agreement

By signing this Sign-On Bonus Repayment Agreement (“Agreement”) below I, Robert E. Bostrom, acknowledge that, as part of my employment offer with Pier 1 Services Company, its parent, or any of its subsidiaries or affiliates (collectively “Pier 1 Imports”), I am being offered a lump sum signing bonus of $375,000, less applicable taxes and other required withholdings (the “Bonus”), under the following terms and conditions. 

In consideration of Pier 1 Imports’ payment of the Bonus, I hereby agree as follows: 

If, within twelve (12) months of my start date, my employment with Pier 1 Imports is terminated by Pier 1 Imports for “Cause” or by me without “Good Reason” (as such terms are defined in the Executive Agreement between myself and Pier 1 Imports, Inc. dated January 23 2019), I agree that within ten (10) business days of the separation of my employment from Pier 1 Imports, I will repay the Bonus on a pro-rated basis.  The pro-rated repayment amount will be the amount of the Bonus less one twelfth (1/12) of the Bonus multiplied by the number of full months that have elapsed since my start date.  For example, if my employment with Pier 1 Imports is terminated by Pier 1 Imports for Cause or by me without Good Reason six months after my start date, I would reimburse Pier 1 Imports for fifty percent (50%) of the Bonus. I further agree that I will make the repayment to Pier 1 Imports in the form of a check or money order made payable to Pier 1 Services Company. 

In the event I am obligated to repay or reimburse Pier 1 Imports for any portion of the Bonus as provided in this Agreement, I authorize Pier 1 Imports to deduct any portion of the Bonus which I am obligated to repay or reimburse from any wages due and owing to me including, but not limited to, my final paycheck.  I understand and agree that, if such monies are not sufficient to repay the full amount I owe, I will still remain obligated to reimburse or pay the balance to Pier 1 Imports.  

Nothing in this Agreement will be construed as a commitment, guarantee, agreement, or understanding of any kind or nature that Pier 1 Imports will continue to employ me, nor will this Agreement affect in any way the right of Pier 1 Imports or me to terminate my employment at any time and for any reason, with or without Cause.  I acknowledge and agree that I am an “at will” employee. 

This Agreement was negotiated and entered into, at least in part, in the state of Texas and shall be construed under the laws of the state of Texas without regard to conflicts or choice of law and venue shall be brought exclusively in Tarrant County, Texas. 

 

This Agreement is entered into and is effective as of the date indicated below.  

 

				
	
Executive:
	
 
	
 
	
Pier 1 Services Company,

	
 
	
 
	
 
	
By: Pier 1 Holdings, Inc.,

	
 
	
 
	
 
	
its managing trustee

	
 
	
 
	
 
	
 

	
/s/ Robert E. Bostrom
	
 
	
 
	
/s/ Christine Murray

	
Robert E. Bostrom
	
 
	
 
	
Christine Murray

	
 
	
 
	
 
	
Senior V.P. – Human Resources and

Chief Human Resources Officer

 

			
	
Date: 1-23-19
	
 
	
Date: 1-24-19

 

1pir-ex10284_152.htm

 

Exhibit 10.28.4

 

Executive Relocation Repayment Agreement

 

By signing this Executive Relocation Repayment Agreement (“Agreement”) below, Robert E. Bostrom (“Executive”), acknowledges that in order to ease the transition of any transfer or relocation required by Executive’s actual or anticipated employment with Pier 1 Services Company, its parent, or any of its subsidiaries or affiliates (collectively “Pier 1 Imports”), Pier 1 Imports, under the following terms and conditions, has agreed to pay Executive the sum of $100,000, less applicable taxes and other required withholdings, payable upon hire (the “Relocation Payment”).  In consideration of Pier 1 Imports’ payment of the Relocation Payment, Executive hereby agrees as follows:

 

If, within twelve (12) months of Executive’s start date, Executive’s employment with Pier 1 Imports is terminated by Pier 1 Imports for “Cause” or by Executive without “Good Reason” (as such terms are defined in the Executive Agreement between Executive and Pier 1 Imports, Inc. dated January 23, 2019), then Executive agrees that within ten (10) business days of the separation of his employment from Pier 1 Imports, Executive will repay the Relocation Payment on a pro-rated basis.  The pro-rated repayment amount will be the amount of the Relocation Payment less one twelfth (1/12) of the Relocation Payment multiplied by the number of full months that have elapsed since the Executive’s start date.  For example, if Executive’s employment with Pier 1 Imports is terminated by Pier 1 Imports for Cause or by Executive without Good Reason six months after his start date, Executive would reimburse Pier 1 Imports for fifty percent (50%) of the Relocation Payment. Executive further agrees that he will make his repayment to Pier 1 Imports in the form of a check or money order made payable to Pier 1 Services Company.

 

In the event Executive is obligated to repay or reimburse Pier 1 Imports for any portion of the Relocation Payment as provided in this Agreement, Executive authorizes Pier 1 Imports to deduct any portion of the Relocation Payment which he is obligated to repay or reimburse from any wages due and owing to him, including, but not limited to, his final paycheck.  Executive understands and agrees that, if such monies are not sufficient to repay the full amount he owes, Executive will remain obligated to reimburse or pay the balance to Pier 1 Imports.

 

Nothing in this Agreement will be construed as a commitment, guarantee, agreement, or understanding of any kind or nature that Pier 1 Imports will continue to employ Executive, nor will this Agreement affect in any way the right of Pier 1 Imports or Executive to terminate Executive’s employment at any time and for any reason, with or without Cause.  Executive acknowledges and agrees that he is an “at will” employee.

 

This Agreement was negotiated and entered into, at least in part, in the state of Texas and will be construed under the laws of the state of Texas without regard to conflicts or choice of law and venue will be brought exclusively in Tarrant County, Texas. 

 

This Agreement is entered into and effective as of the date indicated below.

 

	
Executive:
	
 
	
Pier 1 Services Company,

	
 
	
 
	
By: Pier 1 Holdings, Inc.,

	
 
	
 
	
its managing trustee

 

	
/s/ Robert E. Bostrom
	
 
	
/s/ Christine C. Murray

	
Robert E. Bostrom
	
 
	
Christine C. Murray,

	
 
	
 
	
Senior V.P. – Human Resources and Chief

	
 
	
 
	
Human Resources Officer

 

	
1-23-19
	
 
	
1-24-19

	
Date:
	
 
	
Date:

 

Page 1EX-4.73

 Exhibit 4.73 

English Summary 
 of

 Supplemental Agreement to the Centralized Services Agreement 

Between 
 China
Telecommunications Corporation 
 and 

China Telecom Corporation Limited 
 China
Telecommunications Corporation (“Party A”) and China Telecom Corporation Limited (“Party B”) entered into the Supplemental Agreement to the Centralized Services Agreement on August 20, 2018. 

The key terms and conditions of the Supplemental Agreement are as follows: 

1. The Parties agree to renew the Centralized Services Agreement for a further term of three years to December 31, 2021. 

2. The execution, validity, performance, interpretation of this Supplemental Agreement and any relevant dispute resolution shall be governed by the PRC laws.

 3. This Supplemental Agreement shall become effective on January 1, 2019. If there is any conflict between this Supplemental Agreement and the
Centralized Services Agreement, this Supplemental Agreement shall prevail.EX-4.74

 Exhibit 4.74 

English Summary 
 of

 Supplemental Agreement to the Interconnection Settlement Agreement 

Between 
 China
Telecommunications Corporation 
 and 

China Telecom Corporation Limited 
 China
Telecommunications Corporation (“Party A”) and China Telecom Corporation Limited (“Party B”) entered into the Supplemental Agreement to the Interconnection Settlement Agreement on August 20, 2018. 

The key terms and conditions of the Supplemental Agreement are as follows: 

1. The Parties agree to renew the Interconnection Settlement Agreement for a further term of three years to December 31, 2021. 

2. The execution, validity, performance, interpretation of this Supplemental Agreement and any relevant dispute resolution shall be governed by the PRC laws.

 3. This Supplemental Agreement shall become effective on January 1, 2019. If there is any conflict between this Supplemental Agreement and the
Interconnection Settlement Agreement, this Supplemental Agreement shall prevail.EX-4.75

 Exhibit 4.75 

English Summary 
 of

 Supplemental Agreement to the Property Leasing Framework Agreement 

Between 
 China
Telecommunications Corporation 
 and 

China Telecom Corporation Limited 
 China
Telecommunications Corporation (“Party A”) and China Telecom Corporation Limited (“Party B”) entered into the Supplemental Agreement to the Property Leasing Framework Agreement on August 20, 2018. 

The key terms and conditions of the Supplemental Agreement are as follows: 

1. The Parties agree to renew the Property Leasing Framework Agreement for a further term of three years to December 31, 2021. 

2. The execution, validity, performance, interpretation of this Supplemental Agreement and any relevant dispute resolution shall be governed by the PRC laws.

 3. This Supplemental Agreement shall become effective on January 1, 2019. If there is any conflict between this Supplemental Agreement and the
Property Leasing Framework Agreement, this Supplemental Agreement shall prevail.EX-4.76

 Exhibit 4.76 

English Summary 
 of

 Supplemental Agreement to the IT Services Framework Agreement 

Between 
 China
Telecommunications Corporation 
 and 

China Telecom Corporation Limited 
 China
Telecommunications Corporation (“Party A”) and China Telecom Corporation Limited (“Party B”) entered into the Supplemental Agreement to the IT Services Framework Agreement on August 20, 2018. 

The key terms and conditions of the Supplemental Agreement are as follows: 

1. The Parties agree to renew the IT Services Framework Agreement for a further term of three years to December 31, 2021. 

2. The execution, validity, performance, interpretation of this Supplemental Agreement and any relevant dispute resolution shall be governed by the PRC laws.

 3. This Supplemental Agreement shall become effective on January 1, 2019. If there is any conflict between this Supplemental Agreement and the IT
Services Framework Agreement, this Supplemental Agreement shall prevail.

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