Signing Bonus. Within thirty (30) days of the Effective Date, Employee will receive a one-time cash payment of Forty Thousand Dollars ($40,000) (the "Signing Bonus") which shall be subject to payroll taxes and withholding. If Employee voluntarily terminates his employment or is terminated for cause in accordance with Section 5(c) with the Employer prior to his twelve-month anniversary of the Effective Date, the Employee agrees to repay the Signing Bonus in full to the Employer.
Signing Bonus. Within thirty (30) days of the Effective Date, Employee will receive a one-time cash payment of Fifty Thousand Dollars ($50,000) (the "Signing Bonus") which shall be subject to payroll taxes and withholding. If Employee voluntarily terminates his employment or is terminated for cause in accordance with [SectionSection 5(c)] with the Employer prior to his twelve-nine-month anniversary of the Effective Date, the Employee agrees to repay the Signing Bonus in full to the Employer.
Signing Bonus. Within thirty (30) daysThe Company agrees to pay the Employee a cash signing bonus in the amount of the Effective Date,$1.6 million, on or before September 15, 2015 (the Signing Bonus). The Employee will receive a one-time cash payment of Forty Thousand Dollars ($40,000) (the "Signing Bonus") which shall be subjectagrees that if prior to payroll taxes and withholding. IfDecember 31, 2017 the Employee voluntarily terminates his employment or is terminatedemployment, but not for cause in accordance withGood Reason pursuant to Section 5(c) with3.1(b), then within fifteen (15) days after such termination he will repay to the Employer prior to his twelve-month anniversaryCompany a pro rata portion of the Effective Date,Signing Bonus, in the Employee agrees to repayamount of $60,000 for each full month remaining in the Signing Bonus in full toperiod between the Employer. date of his termination and December 31, 2017.
This letter is to confirm our understanding, notwithstanding any provision in your Employment Agreement, that you shall receive a one-time lump sum payment in the amount of , less applicable withholdings and deductions, payable within ten (10) days of the Effective Date, Employee will receive a one-time cash payment of Date (the "Signing Bonus"“Signing Bonus”) which shall be subject to payroll taxes and withholding. If Employee voluntarily terminates his. In the event that you resign employment or is terminated for cause in accordance with [Section 5(c)] with the Employer prior to his twelve-month anniversary ofCompany other than for Good Reason during the first twelve (12) months following the Effective Date, the Employee agrees toyou must repay the Signing Bonus in fullBonus. In the event that you resign employment with the Company other than for Good Reason thirteen (13) to twenty-four (24) months following the Employer.Effective Date, you must replay fifty percent (50%) of the Signing Bonus.
Signing Bonus. Within thirty (30) days ofPromptly after this Agreement is executed and delivered by the Effective Date,Employee, Employee willshall receive a one-time cash paymentsigning bonus of (the "Signing Bonus") which shall be subject to payroll taxes and withholding. If Employee voluntarily terminates his employment or is terminated for cause in accordance with [Section 5(c)] with the Employer prior to his twelve-month anniversary of the Effective Date, the Employee agrees to repay the Signing Bonus in full to the Employer.Fifty Thousand Dollars ($50,000).
SigningSign-On Bonus. Within thirty (30) daysOn the first payroll date following the Effective Date, the Company shall pay Executive a one-time sign on bonus of $150,000, less applicable withholdings (the “Sign On Bonus”). Notwithstanding the foregoing, Executive acknowledges and agrees that the Sign On Bonus shall not be earned to any extent prior to the first anniversary of the Effective Date, EmployeeDate and will receive a one-time cash paymentonly be earned on the first anniversary of Forty Thousand Dollars ($40,000) (the "Signing Bonus") which shall be subject to payroll taxes and withholding. If Employee voluntarily terminates histhe Effective Date if Executive remains continuously employed with the Company through such date. In the event Executive’s employment orwith the Company is terminated by the Company for causeCause or by Executive without Good Reason (each, as defined below), in accordance with Section 5(c) with the Employereither case, prior to his twelve-monththe first anniversary of the Effective Date, the EmployeeExecutive hereby agrees to repay the Signingamount of the Sign-On Bonus in fullreceived by Executive to the Employer. Company within sixty (60) days following Executive’s termination.
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