EX-10.11
from 10-Q
4 pages
As You Are Aware, the Board of Directors of Dynegy Inc. (“Dynegy”) Has Taken Steps During the Past Several Weeks to Reorganize Dynegy’s Executive Leadership Team. in Connection With Those Changes, and in Recognition of Your Past Efforts for Dynegy and Its Affiliates (Collectively, the “Company”), We Are Offering You the Ability to Receive Certain Retention Bonus Payments if You Continue to Provide Services to the Company Through the Earlier of (I) December 30, 2011, or (II) the Date You Experience an Involuntary Termination (As Such Term Is Defined in the Dynegy Inc. Executive Severance Pay Plan (The “Severance Plan”) or the Dynegy Inc. Executive Change in Control Severance Pay Plan (The “Change in Control Plan”), as Applicable) of Your Employment With the Company or a Termination of Your Employment Due to Death or Disability (As Such Term Is Defined in the Severance Plan or the Change in Control Plan, as Applicable). the Terms of Your Continued Employment With the Company, and the Terms of Your Retention Bonus Payments Are Outlined in This Letter Agreement (The “Agreement”)
12/34/56
