Clothing and accessories company The Wet Seal Inc says it has signed retention agreements with three of its executives.

In a regulatory filing with the Securities and Exchange Commission, the retailer said it granted 155,000 restricted shares each to president Allan Haims, executive vice president and chief financial officer Douglas Felderman, and executive vice president Joe Deckop.

Wet Seal added that the agreements with Felderman and Deckop include some severance protection in case of an involuntary ending of employment by the company, and one-off retention payments of $100,000.

California-based The Wet Seal operates about 600 stores in the US and Puerto Rico.