Financing Bonus. Upon the consummation by the Company of a financing or series of related financings following the Effective Date in which the Company receives aggregate gross proceeds of $9 million ($9,000,000) (a “Qualified Financing”), the Executive shall be entitled to receive a one-time cash bonus of $54,690.
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Samples: Employment Agreement (Accelerated Pharma, Inc.), Employment Agreement (Accelerated Pharma, Inc.)
Financing Bonus. Upon the consummation by the Company of a financing or series of related financings following the Effective Date in which the Company receives aggregate gross proceeds of $9 million ($9,000,000) (a “Qualified Financing”), the Executive shall be entitled to receive a one-time cash bonus of $54,69081,900.
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Financing Bonus. Upon the consummation by the Company of a financing or series of related financings following the Effective Date in which the Company receives aggregate gross proceeds of $9 million ($9,000,000) (a “Qualified Financing”), the Executive shall be entitled to receive a one-time cash bonus of $54,69081,900, which shall be paid within 5 business days following the consummation of the Qualified Financing.
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