Common use of Move Bonus Clause in Contracts

Move Bonus. The Executive shall be paid a one time move bonus of $75,000 payable as follows: (i) $37,500 shall be paid when the accounting and payroll systems for the Company which are currently operated at Vision 21's office in Largo, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner; and (ii) $37,500 shall be paid when the AS 400 operating system and the claims processing and member services functions which are currently operated at Block Vision's office in Boca Raton, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner.

Appears in 3 contracts

Samples: Employment Agreement (Vision Twenty One Inc), Employment Agreement (Vision Twenty One Inc), Employment Agreement (Vision Twenty One Inc)

AutoNDA by SimpleDocs

Move Bonus. The Executive shall be paid a one time move bonus of $75,000 payable as follows: (i) $37,500 shall be paid when the accounting and payroll systems for the Company which are currently operated at Vision 21's office in Largo, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner; and (ii) $37,500 shall be paid when the AS 400 operating system and the claims processing and member services functions which are currently operated at in Block Vision's office in Boca Raton, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner.

Appears in 1 contract

Samples: Employment Agreement (Vision Twenty One Inc)

AutoNDA by SimpleDocs

Move Bonus. The Executive shall be paid a one time move bonus of $75,000 50,000 payable as follows: (i) $37,500 25,000 shall be paid when the accounting and payroll systems for the Company which are currently operated at Vision 21's office in Largo, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner; and (ii) $37,500 25,000 shall be paid when the AS 400 operating system and the claims processing and member services functions which are currently operated at Block Vision's office in Boca Raton, Florida are moved to and are operational in Baltimore, Maryland, in a commercially reasonable manner.

Appears in 1 contract

Samples: Employment Agreement (Vision Twenty One Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.