Common use of One-Time Signing Bonus Clause in Contracts

One-Time Signing Bonus. The Company will provide the Executive with a one-time signing bonus in the amount of $250,000, paid in two equal installments, with the first such installment to be paid on the Company’s next regular payday following the Closing Date, and the second such installment to be paid on the Company’s next regular payday following the first (1st) anniversary of the Closing Date, provided that the Executive continues to be employed by the Company on the relevant payment date.

Appears in 2 contracts

Samples: Employment Agreement (Advent Technologies Holdings, Inc.), Employment Agreement (Advent Technologies Holdings, Inc.)

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One-Time Signing Bonus. The Company will provide the Executive with a one-time signing bonus in the amount of Two Hundred Thousand Dollars ($250,000200,000), paid in two equal installments, with the first such installment of One Hundred Thousand Dollars ($100,000) to be paid on the Company’s next regular payday following the Closing Date, Hire Date and the second such installment of One Hundred Thousand Dollars ($100,000) to be paid on the Company’s next regular payday following the first (1st) anniversary of the Closing Hire Date, provided that the Executive continues to be employed by the Company on the relevant payment date.

Appears in 1 contract

Samples: Employment Agreement (Cuentas Inc.)

One-Time Signing Bonus. The Company will provide the Executive with a one-time signing bonus in the amount of $250,000400,000, paid in two equal installments, with the first such installment to be paid on the Company’s next regular payday following the Closing Date, and the second such installment to be paid on the Company’s next regular payday following the first (1st) anniversary of the Closing Date, provided that the Executive continues to be employed by the Company on the relevant payment date.

Appears in 1 contract

Samples: Employment Agreement (Advent Technologies Holdings, Inc.)

One-Time Signing Bonus. The Company will provide shall pay the Executive with a one-time cash signing bonus in the amount of $250,00020,000, less applicable taxes and other withholdings (the “Signing Bonus”). The Signing Bonus shall be paid in two equal installments, accordance with the first such installment to be paid on the Company’s next regular payday normal payroll schedule within the first thirty (30) days following the Closing Date, and the second such installment to be paid on the Executive’s commencement of employment with Company’s next regular payday following the first (1st) anniversary of the Closing Date, provided that the Executive continues to be employed by the Company on the relevant payment date.

Appears in 1 contract

Samples: Employment Agreement (Indaptus Therapeutics, Inc.)

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One-Time Signing Bonus. The Company will provide the shall pay to Executive with a one-time signing bonus in the amount of $250,000, 500,000 (the “Signing Bonus”). The Signing Bonus will be paid in two equal installments: (i) $250,000 on October 31, 2022 and (ii) $250,000 on April 30, 2023 and will be taxable income. If Executive resigns from the Company prior to completing one year of employment with the first such installment Company, Executive will be required to be paid on reimburse the Company’s next regular payday following Company for the Closing Date, and the second such installment to be paid on the Company’s next regular payday following the first (1st) anniversary full amount of the Closing Date, provided that the Executive continues to be employed by the Company on the relevant payment dateSigning Bonus.

Appears in 1 contract

Samples: Executive Employment Agreement (Insight Enterprises Inc)

One-Time Signing Bonus. The Company will provide the Executive with a one-time signing bonus in the amount of $250,000500,000 (Five Hundred Thousand Dollars), paid in two equal installments, with the first such installment to be paid on the Company’s next regular payday following the Closing Date, and the second such installment to be paid on the Company’s next regular payday following the first (1st) anniversary of the Closing Date, provided that the Executive continues to be employed by the Company on the relevant payment date.

Appears in 1 contract

Samples: Employment Agreement (Advent Technologies Holdings, Inc.)

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