CommScope Holding Company Inc. has announced a new Success Bonus Agreement for Koen ter Linde, its Senior Vice President and President of Connectivity and Cable Solutions. Under the agreement, if Mr. ter Linde remains employed through the closing of the company's transaction with Amphenol Corporation, he will receive a cash award of $1,980,000. This bonus will be paid within thirty days following the closing of the transaction. However, if Mr. ter Linde leaves the company or is terminated for cause before the transaction closes, he will forfeit the bonus. Additionally, should he qualify for the Success Bonus, he will not receive any severance benefits in relation to his termination following the transaction's completion.
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