Golfsmith Proposes $1 Million Employee Retention Program

Golfsmith has asked the Delaware Bankruptcy Court to approve a $1 million retention program for some of its key employees.  The retention program, it says, is needed to implement its recently approved bankruptcy sale and to complete the wind down of its remaining business. The plan, if approved, will provide retention bonuses so some 127 non-insider employees.

The motion [Docket #483] is available for download here.

 

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