What does KERP stand for?

Key Employee Retention Plan

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

It is common for debtors in Chapter 11 cases to seek court approval of a Key Employee Retention Plan ("KERP") that provides stay bonuses and severance payments to rank-and-file employees as well as to senior management.

Bankruptcy Reform Legislation Includes Changes Affecting Employee ...