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Example 2
Example 2 contract clause examples
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The following Example illustrates the intent of Item 3 of Amendment Number 2 to the Retention Bonus Plan:

Assumptions: 1. Same as Example 2 except that the applicable Weekly Reset Date is the first one in the Interest

At the first full pay period of October 2019, [Schedule 2] hourly rates will increase by 50% of the difference between [Schedule 1] and [Schedule 2]. Example: For a given position, if the [Schedule 2] hourly rate is $20.00 and the [Schedule 1] hourly rate is $24.00, the [Schedule 2] hourly rate will be raised to $22.00.

[Section 2.2] is amended by changing the stated percentage from 180% to 200% such that the section would now read as follows:

[Section 2.12] of the Receivables Purchase Agreement is hereby amended by adding to the end thereof the following new paragraph:

[Section 2.1] of Article II of the Agreement is amended by: i) changing the date in the first sentence of subsection # thereof from “June 29, 2021” to “June 29, 2022”; ii) replacing the form of [Exhibit 2.1](a)(ii) referenced in the last sentence of subsection # thereof with the form of [Exhibit 2.1](a)(ii) attached to this Amendment; and, iii) changing the date in the fifth sentence of subsection # thereof from “June 30, 2021” to “June 30, 2022.”

[Section 2.14] of the Credit Agreement is hereby amended and restated in its entirety, as follows:

[Section 2.1] (b) (i) of the Agreement is amended to read as follows:

[Section 2.3] (a) (i) of the Agreement is amended to read as follows:

[Section 2.5] of the Agreement is amended to read as follows:

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