Advance Bonus Sample Clauses

Advance Bonus. In lieu of any relocation benefits that you may be entitled to receive pursuant to the Company’s relocation benefit policy, the Company will advance to you a lump sum amount of $430,000.00, less required tax withholdings, within ten days of your first date of employment (the “Advance Bonus”). This bonus will be considered an advance to you and will be deemed earned as follows: 50% on the first anniversary of your start date and the remaining 50% on the second anniversary of your start date. If you resign your employment in the absence of a Constructive Termination, or if the Company terminates your employment for Cause, at any time during your first year of employment, you agree to repay 100% of the Advance Bonus, less required tax withholdings. If you resign your employment in the absence of a Constructive Termination, or if the Company terminates your employment for Cause, at any time during your second year of employment, you agree to repay 50% of the Advance Bonus, less required tax withholdings. If you resign at any time due to a Constructive Termination, or if your employment is terminated by the Company without Cause at any time, you shall not be required to repay the Advance Bonus or any portion thereof.
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Advance Bonus. The given bonus is provided by the Company to the clients upon the agreement with the clients before the clients deposit their accounts, but on the condition of further depositing the account by the clients. When such a bonus is provided, the Company and the client agree upon: – the amount of the bonus; – the terms when the client shall deposit the account (if this issue is not agreed upon, the client and the company define this term as 7 calendar days); – the sum that the client shall deposit his/her account with. If the client does not deposit the account with the necessary some of money and in due time, the Company has the right to debit the advance bonus provided, as well as the whole amount of income, which was obtained with the help of the Client’s account during the time period from the provision of the advance bonus till debiting the bonus money by the Company. Until the client deposits the account with the agreed sum of money or until the bonus is debited by the Company, the client’s account is blocked by the Company. The conditions for the trade volume for the advance bonus are similar to those of the deposit bonus. The company has the right to change and/or cancel the bonus and special offers program at any time. The conditions of the special offers and bonuses, provided by the Company, are defined by the Company and the clients are informed about them additionally. If no other conditions are agreed upon by the Company and the client and the offer concerns money bonuses for the clients, the conditions about the amount of trade, the possibility to withdraw the money from the account and other rules are defined in the way, presupposed for the deposit bonus. Privacy Policy We retain a separate Privacy Policy, which is incorporated herein by reference, and your assent to this Agreement also signifies your assent to the Privacy Policy. We reserve the right to amend the Privacy Policy at any time by posting such amendments to the Service. No other notification may be made to you about any amendments, so periodically check the Privacy Policy for changes. Your continued use of the Service following such amendments will constitute your acceptance of such amendments, regardless of whether you have actually read them. The Client gives consent to process his/her personal data. The processing of the Personal Data shall be construed as the Company’s actions/operations with the personal data, including the collection, systematization, accumulation, storage, cl...
Advance Bonus. This is given by the Company to the clients upon the agreement with the clients prior to deposit to the Client’s account. This is under the condition that the Clients would be depositing further in the account. Upon the provision of the bonus, the Client agrees on: The Bonus amount; The deposit terms (should this not be agree upon, the Company will define this as 7 calendar days); The sum to be deposited by the client to his or her account. Should the Client fail to deposit the Account within the recommended time period, then the Company will debit the Advance Bonus, alongside the whole amount of the Client’s income accumulated through the Account within the period starting from the position of aforementioned bonus until the time the bonus had been debited by the Company. Until the required account has been deposited by the Client, or until the Bonus has been debited, the Client’s Account will remain blocked. The conditions for the Trade Volume are much like that of the Advance Bonus. The Company has the prerogative to cancel the Bonus alongside any Special Offers program any time. Personal data security We are bound to follow all regulations stipulated in our in-house policy on personal data security. It is incumbent upon the User to familiarize him/herself with this Agreement and to affirm acceptance of the spirit of this Agreement and of the Companies policies, which we reserve the right to amend at our discretion. Users of our service are obliged to adhere to the Agreement and Company’s policies whether or not they have read them and the amendments thereto. By using the Company’s Service, the User assents to the processing of his/her personal data freely and of his/her own volition. All procedures involved in such processing, including collection, classification, storage, and use of personal data will be publicly available. Personal data refers to the User’s full name, date of birth, permanent address, and all corresponding identification info. The User accepts that the Company collects personal data solely in order to confirm the User’s identity and to ensure the security of all individuals and entities associated with the Company. The User’s consent is considered to be in effect from the moment it is offered until the User presents written notice rescinding it. Consent to receipt of emails and SMS messages The User grants consent for the Company to send emails and SMS messages to the email address and telephone number provided. The User can unsubscri...
Advance Bonus. On the first day of his employment by the Company pursuant to this Agreement, Employee shall be paid an advance bonus of Twenty-Five Thousand Dollars ($25,000.00). As an additional advance bonus, the Company will pay, up to a total of Four Thousand Two Hundred Dollars ($4,200), the initiation fees for Employee to join the Rochester Country Club and Employee's 1994 membership dues to such country club, so that such facility may be available for employee and customer meetings and for customer and prospect entertainment relating to the Company's business.
Advance Bonus. In lieu of any relocation benefits that Executive may have been entitled to receive pursuant to the Company’s relocation benefit policy, as of the date of this Agreement, the Company has advanced to Executive a lump sum amount of $250,000.00, less required tax withholdings (the “Advance Bonus”). This bonus is considered an advance to Executive and will be deemed earned as follows: 50% on the first anniversary of Executive’s start date and the remaining 50% on the second anniversary of Executive’s start date. If Executive resigns his employment in the absence of a Constructive Termination, or if the Company terminates Executive’s employment for Cause, at any time during his first year of employment, Executive agrees to repay 100% of the Advance Bonus. If Executive resigns his employment in the absence of a Constructive Termination, or if the Company terminates Executive’s employment for Cause, at any time during his second year of employment, Executive agrees to repay 50% of the Advance Bonus. If Executive resigns at any time due to a Constructive Termination, or if Executive’s employment is terminated by the Company without Cause at any time, Executive shall not be required to repay the Advance Bonus or any portion thereof.
Advance Bonus. The Bonus for Replenishment is provided by the Company when customers deposit funds into their accounts. The amount of the bonus is determined by the Company as a percentage of the amount of money deposited by the Client. Each 1000$ of bonus money the volume of trade must reach: 10,000,000$ volume of trade for each bonus 1,000$ for the total bonus of up to 10000$; 20,000,000$ volume of trade for each bonus 1,000$ for the total bonus of 10000$ to 30000$; 30,000,000$ volume of trade for each bonus 1,000$ for a total bonus of more than 30000$. Also, we can adjust the client’s trading account in case of suspected fraud. Withdrawing bonuses and incomes is only possible when the volume of trade is reached. There is no time limit to achieve the required volume of trade. Trading volume does not include transactions that open in a mixed way, scalping transactions and transactions that lasted less than three minutes. When withdrawing cash, the Client understands that all positions on the account will be completed and the cash balance will be recalculated by the following method: Cash balance on the Client’s account = current balance – the amount of the bonus provided – the total income received by the Client on all closed transactions since the bonus was activated. If during the bonus usage period, the amount of the account balance is less than the bonus amount, the Client will be able to withdraw funds only after the bonus is fully worked out. The terms and conditions of bonus working out are specified in this Agreement. An advance bonus is provided by the Company to customers as agreed with the customers before the clients reload the account provided that the clients reload the account. The company and the client agree on: • Bonus size. • The period during which the Client is obliged to reload his account. • The amount to be credited. If the Client has not replenished the account within the agreed time, the Company has the right to debit bonuses, as well as income received by the Client during the period of use of advance bonuses. Failure to deposit on the given time to replenish the account, the Client’s account will be blocked. The conditions for the advance bonus are similar to the conditions for the bonus replenishment. The company reserves the right to change or cancel the program of bonuses and promotions at any time without prior notice. All decisions regarding bonuses are made by the Company. All individual situations are discussed between the Client and t...

Related to Advance Bonus

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Cash Incentive Bonus The pro rata share of any Cash Incentive Bonus that would have been paid to the Executive had the Executive not been terminated Without Cause based on the extent to which performance standards are met on the last day of the year in which the Executive is terminated Without Cause.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Annual Base Compensation The Company agrees to pay the Executive during the term of this Agreement a salary at the rate of $335,000 per annum, payable in cash not less frequently than monthly.

  • Salary; Bonus Executive will receive a salary during the Term of One Hundred and Seventy Thousand ($170,000) per year (“Base Compensation”), pro-rated for partial years, payable at regular intervals in accordance with the Company’s normal payroll practices in effect from time to time. Executive’s Base Compensation will be reviewed annually by the Company’s Board of Directors and Executive will be eligible for consideration for merit-based increases to Base Compensation as determined by the Board of Directors in its sole discretion. In addition to eligibility for consideration of merit-based increases in the discretion of the Board of Directors, Executive’s Base Compensation will be increased effective January 1 of each year during the Term (commencing with January 1, 2017) by three percent (3%) to reflect anticipated increases in cost of living.

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