EX-10.5
EX-10.5
DATE
NAME
ADDRESS
Dear NAME,
On behalf of the Leadership Team and all partners and employees at Booz Allen, thank you for your extensive contributions to our company for over XX years.
As you are retiring from the company effective DATE (your “Retirement Date”), this letter outlines your benefits and other arrangements related to your retirement.
Total Rewards Through your Retirement Date:
•You will continue to receive your current base compensation on the regular payroll cycle dates.
•You will continue to be eligible for participation and coverage under the company’s medical and other insurance programs in which you are enrolled in as of the date of this letter as well as the company’s Employee Capital Accumulation Program (ECAP).
•[You will remain eligible for reimbursement of currently approved perquisites such as, financial and estate planning. All expenses must be submitted prior to your Retirement Date.]1
•You will not be eligible for any new equity grants as of the date of this letter.
After your Retirement Date:2
…