Execution Bonus Sample Clauses
An Execution Bonus clause provides for additional compensation to a party, typically an employee or contractor, upon the successful completion of a specific project or achievement of defined milestones. This bonus is usually contingent on meeting certain performance criteria, such as finishing a project ahead of schedule or exceeding set targets. The core practical function of this clause is to incentivize timely and effective performance, aligning the interests of the parties and motivating superior results.
POPULAR SAMPLE Copied 3 times
Execution Bonus. Upon the execution and delivery of this agreement by you, NSC shall pay to you, in one single lump sum, a one-time execution bonus in the amount of Twenty Thousand ($20,000.00) Dollars.
Execution Bonus. On the Effective Date, the Company shall pay to --------------- the Executive $200,000 (subject to any applicable payroll or other taxes required to be withheld).
Execution Bonus. Upon the execution of this Agreement by Officer --------------- and Employer (the "Execution Date"), Employer shall owe to Officer a one time execution bonus of $1,100,000. Employer shall pay such bonus to Officer as soon as practicable after the Execution Date.
Execution Bonus. Within fifteen (15) days after the execution and delivery of the Original Employment Agreement, the Company shall pay to the Executive a one-time execution bonus in the gross amount of One Million Dollars ($1,000,000).
Execution Bonus. On the Effective Date, as an incentive to induce the Executive to enter into this Agreement, the Company shall pay the Executive a lump sum cash bonus equal to $860,800.
Execution Bonus. To induce Executive to enter into this Employment Agreement, Company shall concurrent with the execution of this Agreement, pay Executive $250,000.
Execution Bonus. The Executive shall be granted, as an Employment Inducement in connection with the execution of this Agreement, an option to purchase Three Hundred Thousand (300,000) shares of Common Stock (the "Execution Options"), subject to the following terms and conditions: (A) the Execution Options shall be granted under and subject to the Option Plan; (B) the exercise price of the Execution Options shall be $42.3125 per share; (C) the Executive Options shall be vested on the date of grant; (D) each Executive Option shall be exercisable for the ten (10) year period following the date of grant; and (E) each Executive Option shall be evidenced by, and subject to, an Option Agreement.
Execution Bonus. The Executive shall be paid or granted, as the case may be, the following Employment Inducements in connection with the execution of this Agreement:
(a) Within fifteen (15) days after the execution and delivery of this Agreement, the Company shall pay to the Executive a one-time execution bonus in the gross amount of One Million Dollars ($1,000,000).
Execution Bonus. In consideration for your entering into this agreement and commencing work hereunder, the Company shall pay you a bonus during 1999 of fifty thousand dollars ($50,000.
Execution Bonus. As additional consideration for entering into this Contract, the Club shall pay you the sum of $100,000 (the "Execution Bonus"). The Execution Bonus shall be payable, subject to any federal, state, and local payroll taxes that are required by law to be withheld, upon the execution of this Contract by you and the Club.