A Maryland Retention Agreement is a legal document that outlines the terms and conditions of the agreement between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares regarding the retention of the latter as an employee of the company. This agreement is specifically designed to ensure that Valente Tavares remains with the company and continues to contribute to its success. The Maryland Retention Agreement serves as a way to incentivize Valente Tavares to stay with the company by offering various benefits and compensation packages. It typically includes provisions such as a retention bonus, stock options, performance-based incentives, and other perks that are tailored to his specific role and contributions. The purpose of this agreement is to provide stability and security to both parties involved. By offering attractive incentives, Dial data S.A. Internet Systems aims to retain Valente Tavares' industry expertise, skills, and knowledge, which play a crucial role in achieving the company's goals and objectives. Different types of Maryland Retention Agreements between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares may include: 1. Performance-based Retention Agreement: This type of agreement is structured around Valente Tavares' performance and achievements. It may include bonuses or additional benefits that are directly linked to his successful attainment of predetermined goals or targets. 2. Long-term Retention Agreement: This agreement is designed for an extended period, typically spanning several years. It aims to provide a sense of long-term job security and stability for Valente Tavares, ensuring his commitment to the company's growth and development for a significant duration. 3. Specific Project Retention Agreement: In cases where Valente Tavares is assigned to a specific project or task, this agreement focuses on retaining him until the completion of that project. It may include project-specific bonuses or rewards to motivate him and ensure his continued dedication to the project's success. 4. Non-compete Retention Agreement: This type of agreement includes non-compete clauses that prevent Valente Tavares from working for a competitor or starting a competing business for a specified period after leaving Dial data S.A. Internet Systems. It aims to protect the company's trade secrets, confidential information, and market position. In conclusion, the Maryland Retention Agreement between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares is a comprehensive document that outlines the terms and benefits related to his continued employment with the company. These agreements may vary in nature depending on the specific circumstances and objectives, such as performance-based, long-term, project-specific, or non-compete agreements.