Common use of Cash Sign-On Bonus Clause in Contracts

Cash Sign-On Bonus. The Company shall pay the Employee a cash sign- on bonus in the amount of $900,000, less applicable withholdings, payable (i) with respect to fifty percent (50%) on the next regularly scheduled Company payroll date after the Effective Date and (ii) with respect to the other fifty percent (50%) on next regularly scheduled Company payroll date following the six (6)-month anniversary of the Effective Date, subject to the Employee’s continued employment on such date except as provided in Section 4 hereof.

Cash Sign-On Bonus. The Company shall pay the Employee a cash sign- sign-on bonus in the amount of $900,000, less applicable withholdings, payable (i) with respect to fifty percent (50%) on the next regularly scheduled Company payroll date after the Effective Date and (ii) with respect to the other fifty percent (50%) on next regularly scheduled Company payroll date following the six (6)-month anniversary of the Effective Date, subject to the Employee’s continued employment on such date except as provided in Section 4 hereof.

Cash Sign-On Bonus. The Company shall will pay the Employee a one-time cash sign- sign-on bonus in the amount of $900,000, less applicable withholdings, payable (i) with respect to fifty percent (50%) 100,000. Payment will be made on the next regularly scheduled Company payroll date after the Effective Date and (ii) with respect to the other fifty percent (50%) on next regularly scheduled Company payroll date following the six (6)-month anniversary of the Effective Date, subject to all appropriate withholdings or other deductions required by applicable law or by the EmployeeCompany’s continued employment on such date except as provided in Section 4 hereofestablished policies applicable to employees of the Company.

Cash Sign-On Bonus. The Company shall will pay the Employee a one-time cash sign- sign-on bonus in the amount of $900,000, less applicable withholdings, payable (i) with respect to fifty percent (50%) 50,000. Payment will be made on the next regularly scheduled Company payroll date after the Effective Date and (ii) with respect to the other fifty percent (50%) on next regularly scheduled Company payroll date following the six (6)-month anniversary of the Effective Date, subject to all appropriate withholdings or other deductions required by applicable law or by the EmployeeCompany’s continued employment on such date except as provided in Section 4 hereofestablished policies applicable to employees of the Company.