Sign-On Bonus Clause Samples
A Sign-On Bonus clause outlines the terms under which an employee receives a one-time payment upon joining a company. Typically, this clause specifies the bonus amount, the timing of payment (such as after the first paycheck or upon completion of a probationary period), and any conditions that must be met, like remaining employed for a certain period. Its core function is to incentivize candidates to accept a job offer and to provide immediate financial reward, while also protecting the employer by setting conditions that discourage early resignation.
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Sign-On Bonus. Executive shall receive a one-time sign-on bonus of $1,000,000 in cash (the “Sign-on Bonus”), payable within 15 days following the Start Date. Executive agrees to reimburse the Company for the Sign-on Bonus if the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Date.
Sign-On Bonus. Pursuant to the Prior Agreement, Executive was paid a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”). If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from August 14, 2023, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% of the Sign-On Bonus.
Sign-On Bonus. The Company will pay Employee a one-time bonus of $75,000 in cash within thirty (30) days of the Effective Date in accordance with the terms of a separate sign-on bonus agreement to be entered into simultaneously with this Agreement.
Sign-On Bonus. The Company will pay a sign-on bonus to the Executive in the gross amount of $100,000.00, less any applicable withholdings and taxes. The bonus will be paid within the first 30 days of employment. Executive agrees to repay 100% of the sign-on bonus if the Executive voluntarily separates from the Company within the twelve (12) months following such installment payment paid to the Executive.
Sign-On Bonus. As an inducement for Executive to accept continued employment with the Company and to enter into this Agreement, Executive shall receive a bonus (the "Sign-On Bonus") in the amount of $125,000. The Sign-On Bonus shall be paid to Executive as soon as practicable following the Effective Date.
Sign-On Bonus. Executive shall receive a one-time sign-on bonus in the amount of $15,000.00, less applicable taxes, payable within thirty (30) days of Executive’s first date of employment. In the event Executive voluntarily resigns her employment with the Company for any reason prior to the second anniversary of the effective date of this Agreement, Executive agrees to immediately repay the Company a lump sum amount equal to $625 per month for each month in the period between Executive’s resignation date and the second anniversary of the effective date of this Agreement.
Sign-On Bonus. Within thirty (30) days after the Start Date, the Company will pay Executive a one-time start bonus of $50,000, less payroll deductions and all required withholdings. The net amount of this bonus must be repaid to the Company by Executive if Executive resigns from employment with the Company without Good Reason within one (1) year after the Start Date.
Sign-On Bonus. Executive shall be eligible for a sign-on bonus of $35,000 (the “Sign-On Bonus”). The Sign-On Bonus is payable thirty (30) days following the Effective Date, subject to Executive’s continued employment with the Company at the time of payment.
Sign-On Bonus. In addition, you will receive a cash sign on bonus of $75,000. The sign on bonus is taxable, and all federal, state and local required payroll deductions will be withheld. If you resign from the Company for any reason before the first anniversary of your Start Date, other than due to a Change in Control (as defined in the Company’s Equity Incentive Plan) or due to Good Reason, you shall be obligated to repay such sign on bonus to the Company. “Good Reason” shall mean the occurrence of any of the following events during your employment with the Company, without your consent: (i) a relocation of your principal place of employment to a location more than twenty-five (25) miles from the current location as of the Effective Date, unless such new location is no further from your then-current residence than the immediately prior location; (ii) any material reduction in your duties, responsibilities or authority, or any material diminution in your title; or (iii) the Company ‘s breach of any material provision of this Offer Letter or any other Agreement or Plan Document agreed to, or applicable, to your employment with the Company; provided that such event shall constitute Good Reason only if: (A) you continue to perform your job duties as set forth in this Agreement and continue to comply with all of the covenants set forth herein and in the attached Employee Non-Solicitation, Confidentiality and Assignment Agreement, and the attached Employee Non-Competition Agreement; (B) you provide the Company written notice of resignation, specifying in reasonable detail the event constituting Good Reason, within ninety (90) days after the initial existence of such event; and (C) the Company fails to cure (if curable) the Good Reason event within thirty (30) days following receipt of such notice. If the Company timely cures the Good Reason event, then your notice of resignation shall be automatically rescinded. If Company does not timely cure the Good Reason event, then the termination date shall be the date immediately following the end of the Company’s cure period, and you shall be paid your full compensation through the termination date.
Sign-On Bonus. Employee shall receive a one-time bonus (the “Sign-On Bonus”) in the amount of $83,000, less standard payroll deductions and withholdings, which will be paid in a lump sum by the Company on the first regular payroll date following the date this Agreement is fully executed.