Example ContractsClausesSign-on Bonus
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Sign-on Bonus. As soon as practicable after the Commencement Date, the Company shall pay to the Executive a cash bonus in the amount of $750,000 (the “Sign-On Bonus”) to replace the 2023 annual cash incentive the Executive was expected to earn from the Prior Employer; provided, that the Executive shall repay to the Company # one-hundred percent (100%) of the Sign-On Bonus if the Executive resigns from the Company without Good Reason (as defined below) or is terminated by the Company for Due Cause (as defined below) prior to the first anniversary of the Commencement Date, and # fifty percent (50%) of the Sign-On Bonus if the Executive resigns from the Company without Good Reason or is terminated by the Company for Due Cause on or after the first anniversary of Commencement Date but prior to the second anniversary of the Commencement Date.

Sign-On Bonus. The Bank will pay Executive a sign-on bonus (the “Sign-On Bonus”) in the amount of $215,000, within 30 days following the Effective Date, provided that if on or before the 12-month anniversary of the Effective Date Executive terminates his or her employment hereunder (other than for Good Reason) or the Bank terminates Executive’s employment for Cause, Executive must repay the Bank the Sign-On Bonus, pro-rated based on the number of calendar days remaining between the date that Executive’s employment ends and the 12-month anniversary of the Effective Date.

Sign-On Bonus. Conditional upon the CFO initiating employment with the Company as of the Effective Date, Company agrees to pay CFO an aggregate sign-on bonus of $100,000, of which one-half ($50,000) is payable to CFO within thirty (30) days of the Effective Date, and the second half ($50,000) will be payable thirty (30) days subsequent to the earlier of # closing of an initial public offering of the Company’s stock and # the six (6) month anniversary of the Effective Date.

Conditional Sign-On Bonus. GMPW agrees to pay Candidate a one-time Conditional Sign-On Bonus of 10 million shares of its common stocks (“Bonus”), subject to all required taxes and withholdings, to be paid effective immediately or upon the date on which GMPW amends its articles of incorporation to increase the number of authorized shares of Common Stock to a number of shares sufficient to permit the payment within thirty (30) days following Officer’s first day of work for GMPW (“Start Date”). The Parties agree that the Bonus is an unvested wage advance upon receipt that Candidate will earn in its entirety by remaining employed by GMPW for 12 months following the Start Date.

Sign Specifications. All Tenant Signage shall comply with all applicable laws and ordinances, these Sign Criteria and the Sign Specifications attached hereto as Exhibit C-1.

Lobby Sign. Tenant shall also have the non-exclusive right to have its name and logo on a sign in the lobby (the “Lobby Sign”) in one (1) of the two (2) locations shown on Exhibit M-11] attached hereto, as designated by Landlord in its sole discretion, subject to Tenant obtaining all permits and approvals required by Law, including without limitation, the approval of the City of Boston and the Boston Planning and Development Agency. Landlord shall approve the Lobby Sign (and any replacement thereof) prior to its installation, such approval not to be unreasonably withheld, conditioned or delayed; provided, however, it shall not be unreasonable for Landlord to withhold its approval of a proposed Lobby Sign that # contains more than one color (i.e., is not monochromatic), # is not compatible with the first-class appearance, quality and operation of the Building, or # is not in compliance with Exhibit M-11]. Landlord agrees that Landlord shall not permit any sign to be installed in the lobby by any other tenant of the Building, or on behalf of any other tenant of the Building, that has larger lettering or occupies a larger area than that permitted for Tenant’s Lobby Sign.

You will receive a one-time sign-on bonus of $300,000 (the "Sign-On Bonus") payable in cash.

You will be eligible for a one time Sign-On Bonus of $30,000 (the “Sign-On Bonus”), less applicable taxes and withholdings, to be paid as follows: # 50% of the Sign-On Bonus within the first sixty days from your Start Date; # 25% of the Sign-On Bonus within sixty days following the six-month anniversary of your Start Date; and # the remainder of the Sign-On Bonus within sixty days following the one-year anniversary of your Start Date. Should your employment with CarGurus terminate, for any reason, within 12 months, or on the one-year anniversary, of your Start Date, you will forfeit the remainder of your Sign-On Bonus (if applicable) and must immediately repay to CarGurus the Sign-On Bonus (or portion(s) thereof) that you received. In the event of such termination, CarGurus may, in its discretion, also deduct any unreturned Sign-On Bonus amount from any compensation, severance, commission or other amount due to you, subject to applicable laws.

Upon acceptance of this offer and commencing employment with the Company no later than ​, you will receive a one-time sign-on bonus in the amount of ​ (the “Sign-On Bonus”), less applicable deductions and withholdings, payable on ​. You will be required to sign an agreement with the full terms and conditions of your Sign-On Bonus, including repayment, should your employment terminate before ​.

Bonus. During each year that this Agreement is in effect, Employee will be entitled to receive a bonus (“Bonus”) totaling at least Thirty-Five Thousand Dollars ($35,000) per year. The Bonus shall be payable, first in a cash lump sum payment of Fifteen-Thousand Dollars ($15,000) at the conclusion of Employee’s first six (6) months of employment, and an additional Twenty-Thousand Dollars ($20,000) no later than thirty (30) days after the end of the Employee’s first twelve (12) months of employment by the Company, such Bonus being subject to increases based upon the reasonable discretion of the majority of the board of directors of the Company or the designated committee(s) thereof.

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