Key Employee Retention Plan (KERP) refers to a benefit plan employed by a debtor company in bankruptcy cases as incentives to upper management to continue working for the company throughout the bankruptcy.

WHAT IS A KEIP? A KEIP is a program designed to incentivize a particular performance (preferably measurable) from a set group of employees. A KEIP usually incorporates specific performance targets that any subject employee must achieve in …

In its purest form, a key employee retention program (KERP) is a pay-to-stay program that affords highly valued employees compensation in addition to their pre-Chapter 11 salary to stay with the company for a defined period of time.

This Note addresses what distinguishes a KEIP from a KERP, including the key differences in the standards applicable to their approval in bankruptcy, common objections to KEIPs and KERPs, strategies for addressing objections, and considerations for prepetition and postpetition compensation programs.

Adrian "Kerp" Wetekam is a retired League of Legends esports player, previously mid laner for Millenium.

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KERP (96.3 FM, "96.3 The Marshal") is a radio station broadcasting a country music format. Licensed to Ingalls, Kansas , United States, the station serves the Southwest Kansas area. The station is currently owned by Kansas Broadcast Company, LLC.

KERP SYSTEM -Enterprise resource planning (ERP) is a software system that helps businesses manage and automate their core processes. ERP systems can help improve efficiency, collaboration, and data visibility, which can lead to better business decisions and performance.

Under the Kuwait Environmental Remediation Program (KERP), Kuwait Oil Company is fully responsible for planning and executing remediation and restoration projects in the KOC oil field areas.

We partner with customers across industries to deliver sustainable change. One of our latest projects is the Kuwait Environmental Remediation Project (KERP). Initiated by the United Nations, it’s one of the largest remediation and restoration programs in the world.