Example ContractsClausesSign-on Bonus
Sign-on Bonus
Sign-on Bonus contract clause examples

Sign-On Bonus. Within 30 days of the effective date of this agreement, the Company will pay Executive a $200,000 sign-on bonus, less applicable withholdings (the “Sign-On Bonus”). If, prior to the second anniversary of the Effective Date, Executive’s employment is terminated by the Company for Cause or by Executive voluntarily without Good Reason, Executive agrees to repay the Company a portion of the Sign-On Bonus within thirty (30) days of Executive’s employment termination date, with such portion equal to # the net after tax amount of the Sign-On Bonus multiplied by # a fraction # the numerator of which is equal to the difference between # twenty-four (24) minus # the number of completed months between the Effective Date and the date Executive’s employment with the Company terminates and # the denominator of which is twenty-four (24). For clarity, if Executive’s employment is terminated by the Company without Cause or by Executive voluntarily for Good Reason, Executive will not be obligated to repay any portion of the Sign-On Bonus.

Sign-On Bonus. Executive will be provided with a sign-on bonus of $150,000. The Sign-On Bonus will be paid to Executive in a single lump sum, less standard payroll deductions and withholdings, within 30 days after the Start Date and is provided to Executive prior to Executive’s earning of such Sign-On Bonus. The Sign-On Bonus will not be earned unless Executive remains actively and continuously employed with the Company through the thirty-six 36-month anniversary of the Start Date. In the event that Executive voluntarily terminates his employment with the Company without Good Reason (as such term is defined in the Company’s Severance Benefit Plan – C-Suite (the “Severance Plan”)) or if the Company terminates Executive’s employment for Cause (as defined in the Severance Plan), in each case within the 36 months after the Start Date, then Executive agrees to repay 100% of the gross amount of the Sign-On Bonus to the Company within 30 days after Executive’s employment termination date.

Sign-On Bonus. On 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 and will only be earned on the first anniversary of the Effective Date if Executive remains continuously employed with the Company through such date. In the event Executive’s employment with the Company is terminated by the Company for Cause or by Executive without Good Reason (each, as defined below), in either case, prior to the first anniversary of the Effective Date, Executive hereby agrees to repay the amount of the Sign-On Bonus received by Executive to the Company within sixty (60) days following Executive’s termination.

Sign-on Bonus. The Executive will be eligible [[Organization A:Organization]] receive a one-time sign-on bonus of three thousand dollars ($3,000) (the “Sign-on Bonus”). This Sign-on Bonus shall be paid [[Organization A:Organization]] the Executive in the next payroll cycle, the cutoff for which occurs at least five (5) business days after the Commencement Date, provided the Executive remains employed by the Company on the date the Sign-on Bonus is [[Organization A:Organization]] be paid [[Organization A:Organization]] him.

Sign-On Bonus. The Company shall pay you a sign-on bonus (the “Sign-On Bonus”) of $2,500,000, payable in a single lump sum within thirty (30) days following the Commencement Date, provided you are actively employed with the Company and not in breach of this Agreement on such date of payment. If your employment is terminated for Cause or you resign without Good Reason (as each such term is defined below) on or prior to the first (1st) anniversary of the Commencement Date, you must repay one hundred percent (100%) of the Sign-On Bonus ($2,500,000) within thirty (30) days following the Termination Date. If your employment is terminated for Cause or you resign without Good Reason on or prior to the second (2nd) anniversary of the Commencement Date, you must repay fifty percent (50%) of the Sign-

Sign-On Bonus. On the first payroll date following the Effective Date, the Company shall pay Executive a one-time sign on bonus of $75,000, less applicable withholdings and deductions (the “Sign On Bonus”). Notwithstanding the foregoing, Executive acknowledges and agrees that the Sign On Bonus will only be fully earned on the first anniversary of the Effective Date if Executive remains continuously employed with the Company through the first anniversary of the Effective Date. In the event Executive’s employment with the Company terminates for any reason other than due to a Covered Termination (as defined below) prior to the first anniversary of the Effective Date, Executive hereby agrees to repay the Company the full amount of the Sign On Bonus.

Sign-On Bonus. In consideration for the Executive commencing employment with the Company, on the first regular payroll date following the Effective Date, the Company shall pay to the Executive a one-time cash bonus in an amount equal to $30,000, less applicable withholdings and deductions (the “Signing Bonus”). Notwithstanding the foregoing, the Executive and the Company acknowledge and agree that the Signing Bonus will not be earned to any extent prior to the twelve (12)-month anniversary of the Effective Date and will only be earned on the twelve (12)-month anniversary of the Effective Date if the Executive remains actively employed by the Company through such anniversary. In the event that the Executive resigns his/her employment with the Company without Good Reason or is terminated by the Company for Cause on or prior to the twelve (12)-month anniversary of the Effective Date, then the Executive hereby agrees to repay the full Signing Bonus, which repayment shall occur no later than thirty (30) days after the date of the Executive’s termination of employment with the Company. The Executive hereby authorizes the Company to immediately offset against and reduce any amounts otherwise due to the Executive for any amounts in respect of the obligation to repay the Signing Bonus. For the avoidance of doubt, if the Executive is terminated without Cause or resigns for Good Reason, the Executive does not have to repay any of the Signing Bonus.

Sign-On Bonus. The Company will pay the Executive a gross sign-on bonus of Two Hundred and Thirty Thousand Dollars and Zero Cents ($230,000.00), less applicable taxes and withholdings, within two pay periods after the Effective Date (the “Sign-On Bonus”). The Executive understands and agrees that if his employment is terminated by the Company for “Cause” (as defined in the Executive Severance Plan) or if the Executive voluntarily resigns from his employment with the Company (other than for Good Reason (as defined in the Executive Severance Plan)), he will repay: # 100% of the gross amount of the Sign-On Bonus if the termination date is within 12 months of the Executive’s employment start date; and # 50% of the gross amount of the Sign-On Bonus if the termination date is between 12 and 24 months of the Executive’s employment start date. If repayment of the Sign-On Bonus is required under this Section, the Executive agrees to repay in full the applicable amount within 30 days following the Executive’s last day of employment. The Executive or the Executive’s estate will not be required to repay the Sign-On Bonus in the event of the Executive’s termination of employment if by reason of a termination of the Executive’s employment by the Company without Cause, by reason of resignation by the Executive of his employment with Good Reason, or by reason of the Executive’s Disability (as defined in the Executive Severance Plan) or death.

Sign-on Bonus. The Company will provide you with a one-time sign-on bonus of $200,000, to be paid shortly following your first day of employment. This amount is subject to all required payroll deductions and tax withholdings. In the event you resign from Arcus without Good Reason (as defined in the Severance Agreement) within one (1) year of your start date, you will be required to repay the pro-rated portion of these payments based on the number of months you were employed by the Company prior to your resignation.

Sign-On Bonus. You shall be eligible to receive a Sign-On Bonus in the amount of $200,000 to be paid within 30 days after your Hire Date. The payment of this Sign-On Bonus is expressly conditioned on your being continually and actively employed by the Company at the time the Sign-On Bonus is due to be paid, and shall be subject to all lawful withholdings and deductions. If you voluntarily resign, or are terminated for Cause, within one (1) year of your Hire Date, you shall be required to repay the Sign-On Bonus in full. For purposes of this offer letter, “Cause” shall be the definition used in the Company’s formal stock-based incentive compensation plan documents.

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