One-Time Sign-On Bonus. Employer shall pay Employee a one-time sign-on bonus of $75,000, less applicable withholding. If Employee’s employment terminates on account of his resignation other than for Good Reason on or before twelve (12) months following the Start Date, Employee shall be required to repay to the Employer the full amount of the sign-on bonus.
One-Time Sign-On Bonus. The Company will pay the Executive a one time sign on bonus in the amount of forty thousand dollars ($40,000). Such bonus shall be earned on the first anniversary of the Effective Date, but will be advanced to the Executive on the first regular payroll date following Effective Date. Should the Executive resign from his employment with the Company for any reason before the first anniversary of the Effective Date, he agrees to repay the sign on bonus in full, within thirty days of the date such resignation is effective, except as provided below. In the event of terminantion by the company, for any reason, the bonus shall be considered earned in full and as such no repayment required by executive.
One-Time Sign-On Bonus. The Employee shall receive a one-time, lump-sum, sign-on bonus in the gross amount of $70,000 (the "Sign-On Bonus"), payable in cash upon his signing this Agreement. If the Employee’s employment with the Company ends for any reason prior to March 31, 2009, then the Employee shall immediately repay to the Company the full amount of the Sign-On Bonus.
One-Time Sign-On Bonus. In addition to the Base Salary and the Annual Target Bonus, not later than sixty (60) days after the Start Date, the Employee will be given a one-time sign-on bonus in the amount of Fifty Thousand United States Dollars ($50,000), which will be paid in accordance with the Company’s regular payroll procedures, and subject to applicable withholdings and deductions (the “Sign-On Bonus”). It is understood that in the event that the Employment is terminated by the Company for Cause (as defined below) prior to the two (2)-year anniversary of the Start Date, or in the event that the Employee resigns prior to the six (6)-month anniversary of the Start Date, the Employee shall be obligated to repay the full amount of such Sign-On Bonus to the Company by no later than thirty (30) days following the Date of Termination (as defined below). In the event that the Employee resigns following the six (6)-month anniversary of the Start Date, but prior to the two (2)-year anniversary of the Start Date, the Employee shall be obligated to repay to the Company a proportional sum of the Sign-On Bonus, prorated in accordance with the period of time during which the Employee was employed by the Company, as a percentage of two (2) full years, and the Employee shall be required to repay such sum to the Company by no later than thirty (30) days following the Date of Termination.
One-Time Sign-On Bonus. The Company shall pay Executive a one-time bonus equal to one-hundred thousand dollars ($100,000), provided Executive relocates his immediate family’s primary residence to the Atlanta, Georgia metropolitan area no later than December 31, 2017. Such bonus shall be payable to Executive solely in 2017, and it may be paid to Executive in advance of the relocation, provided such relocation is consummated within thirty (30) days of payment. If Executive voluntarily terminates his employment within twelve months following receipt of receiving this bonus, he will be responsible for reimbursing the full amount to the Company within ten (10) days of his termination.
One-Time Sign-On Bonus. Employer shall pay Employee a one-time sign-on bonus of $300,000, less applicable withholdings, to facilitate Employee’s relocation to Tempe, Arizona and defray expenses related thereto. The sign-on bonus shall be paid no later than thirty (30) days following the Start Date. If Employee’s employment terminates on account of his resignation other than for Good Reason on or before eighteen (18) months following the Start Date, Employee shall be required to repay to the Employer the full amount of the sign-on bonus.
One-Time Sign-On Bonus. Executive shall be eligible to receive a one-time sign-on bonus of $100,000 for commuting/relocation expenses payable no later than 30 days following the Commencement Date (“Sign-On Bonus”). If Executive’s employment is terminated pursuant to Section 3.2(c) or if Executive resigns without “Good Reason” within twelve (12) months following the Effective Date, Executive shall repay the Sign-On Bonus in full to the Company. Repayment of the Sign-On Bonus must be made within 30 days of the date of the Executive’s Date of Termination and may be set-off, at the sole discretion of the Company, by the Company against any amounts otherwise owed to the Executive pursuant to this Agreement or otherwise to the extent permitted by applicable law (including Section 409A of the Code). Upon completion of relocation, Executive shall be eligible to receive a one-time cash bonus of $100,000 for relocation expenses payable no later than 30 days following final relocation to Texas (“Relocation Date”). If Executive’s employment is terminated pursuant to Section 3.2(c) or if Executive resigns without “Good Reason” within twelve (12) months following the Relocation Date, Executive shall repay the one-time cash bonus in full to the Company. Repayment of the Sign-On Bonus must be made within 30 days of the date of the Executive’s Date of Termination and may be set-off, at the sole discretion of the Company, by the Company against any amounts otherwise owed to the Executive pursuant to this Agreement or otherwise to the extent permitted by applicable law (including Section 409A of the Code).
One-Time Sign-On Bonus. Subject to your beginning employment with Fxxxxxx Mac, you will receive a one-time sign-on bonus of $7,500,000, which will be comprised of $2,500,000 cash and $5,000,000 in the form of restricted stock units. The cash portion of this sign-on will be paid to you in your first full semi-monthly paycheck, and will be subject to repayment in the event that, prior to the second anniversary of your Employment Date, you Employment Agreement — Axxxxxx X. Xxxxxx October 14, 2006
One-Time Sign-On Bonus. As an inducement to commence employment, Executive shall receive a one-time-sign-on bonus pursuant to the terms of the Employment Agreement.
One-Time Sign-On Bonus. The Company shall pay Executive a one-time lump sum cash signing bonus of One Million Five Hundred Thousand Dollars ($1,500,000.00) (the “Signing Bonus”) within forty-five (45) days following the Effective Date.
