If in Retention Bonus Situation 1, answer the following questions. What will be the amount of the retention bonus?An example retention bonus agreement to retain an employee during a merger or acquisition. For retention bonuses, the second installment is paid 12 months following the first installment. Learn about 9 of the best employee bonus structures with ShareWillow's comprehensive guide. An executive retention bonus agreement is a contract between an employer and executive employee that provides the latter with a bonus for continued employment. If you separate from the position prior to completing the period of service, the retention bonus payment will be forfeited. For example, a 2023 D-400 must be used for a fiscal year that begins in 2023. Form D-400 Schedule S, 2023 N.C. Adjustments for Individuals. More North Carolina Resources.