Common use of Sign-On Bonus Clause in Contracts

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.

Appears in 3 contracts

Samples: Employment Agreement (Nbty Inc), Employment Agreement (Alphabet Holding Company, Inc.), Employment Agreement (NBTY Florida, Inc.)

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Sign-On Bonus. Within thirty days of the Start Date, Executive shall will receive a one-time sign-on signing bonus of equal to $1,000,000 in cash 50,000, less usual, required withholdings (the “Sign-on Bonus”), payable within 15 days following the Start Date. Executive agrees will be required to reimburse the Company for refund the Sign-on Bonus if to the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason if, within the 12-month period first six months following the Start Date, Executive voluntarily resigns from his position or Executive’s employment is terminated for Cause.

Appears in 2 contracts

Samples: Employment Agreement (Lattice Semiconductor Corp), Employment Agreement (Lattice Semiconductor Corp)

Sign-On Bonus. Executive shall receive be entitled to a one-time sign-on signing bonus equal to the amount of $1,000,000 in cash 125,000, less any taxable withholdings (the “Sign-on On Bonus”), payable within 15 which will be paid not later than 30 days following the Start DateExecutive’s start date. If Executive agrees to reimburse is terminated for Cause or voluntarily leaves the Company for without Good Reason prior to completing twelve (12) months of service from Executive’s start date, 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 if the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start DateOn Bonus.

Appears in 2 contracts

Samples: Employment Agreement (CG Oncology, Inc.), Employment Agreement (CG Oncology, Inc.)

Sign-On Bonus. Executive shall will receive a one-time sign-on bonus in the gross amount of $1,000,000 in cash (the “Sign200,000 on Executive’s first regularly scheduled pay date. The sign-on Bonus”)bonus will be paid as a lump sum, payable within 15 days following the Start Dateless applicable withholdings. By receiving this sign-on bonus, Executive agrees to reimburse that if Executive’s employment is terminated for Cause during the first twelve months of employment, or Executive leaves the Company for any reason other than Good Reason, Executive will repay 1/12th of the Sign-on Bonus if the Company terminates Executive’s employment gross amount for Cause or Executive resigns without Good Reason within the each full month of service remaining in such 12-month period following the Start Dateperiod.

Appears in 2 contracts

Samples: Employment Agreement (Certara, Inc.), Employment Agreement (Certara, Inc.)

Sign-On Bonus. The Company shall pay Executive shall receive a one-time sign-sign on bonus in the amount of $1,000,000 in cash 250,000, less all applicable withholdings and deductions (the “Sign-on On Bonus”), payable . The Sign-On Bonus shall be paid to Executive within 15 30 days following after the Start Date. In the event that Executive agrees to reimburse resigns from employment with the Company for any reason, or in the event that Executive’s employment is terminated by the Company for Cause, in either case, within two years after the Start Date, then Executive shall repay the gross amount of the Sign-on On Bonus if to the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Date30 days after such termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Cdi Corp), Employment Agreement (Cdi Corp)

Sign-On Bonus. Executive shall receive be entitled to a one-time sign-on signing bonus equal to the amount of $1,000,000 in cash 50,000, less any taxable withholdings (the “Sign-on On Bonus”), payable within 15 which will be paid not later than thirty (30) days following the Start Effective Date. If Executive agrees to reimburse is terminated for Cause or voluntarily leaves the Company for without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, 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 if the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start DateOn Bonus.

Appears in 2 contracts

Samples: Employment Agreement (CG Oncology, Inc.), Employment Agreement (CG Oncology, Inc.)

Sign-On Bonus. Executive shall will receive a one-time sign-on bonus of $1,000,000 in cash 130,000 (the “Sign-on Bonus”), less applicable withholdings, payable in cash within 15 thirty (30) days following the Start Date. Notwithstanding the foregoing, if, on or prior to the one (1) year anniversary of the Start Date, Executive agrees to reimburse terminates his employment with the Company for any reason, Executive must repay 100% of the Sign-on Bonus if to the Company terminates within sixty (60) days of Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Datetermination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avi Biopharma Inc), Executive Employment Agreement (Avi Biopharma Inc)

Sign-On Bonus. Executive shall receive a one-time sign-sign on bonus of fifty thousand dollars ($1,000,000 in cash (the “Sign-on Bonus”50,000), payable within 15 days following the Start Date. which Executive agrees to reimburse the Company for the Sign-on Bonus must pay back if the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within twelve (12) months of the 12-month period following the Employment Start Date. The sign on bonus contemplated herein shall be paid at the same time as Executive’s first paycheck, to be paid on the Company’s regular payroll schedule.

Appears in 2 contracts

Samples: Executive Employment Agreement (Everspin Technologies Inc), Executive Employment Agreement (Everspin Technologies Inc)

Sign-On Bonus. Executive shall receive be paid a one-time cash sign-on bonus of Seven Hundred Thousand Dollars ($1,000,000 in cash 700,000) within fifteen (the “Sign-on Bonus”), payable within 15 15) days following Executive’s Start Date with the Start Date. Executive agrees to reimburse the Company for the Sign-on Bonus Company; provided that if the Company terminates Executive’s employment with the Company is terminated by the Company for Cause or Executive resigns without Good Reason Reason, in either case, during the first year of Executive’s employment with the Company, then Executive shall repay the after-tax portion of the sign-on bonus to the Company within the 12-month period thirty (30) business days following the Start Datesuch termination of employment.

Appears in 1 contract

Samples: Employment Agreement (J.Jill, Inc.)

Sign-On Bonus. Executive shall receive a one-time sign-on bonus of $1,000,000 in cash (the “Sign-on On Bonus”), payable within 15 days ) in an amount equal to $800,000.00. The Sign-On Bonus shall be paid to Executive with the first regularly scheduled payroll date following the Start Commencement Date. Executive agrees to reimburse In the event that Executive’s employment is terminated by the Company for with Cause or by Executive without Good Reason, in each case prior to the first anniversary of the Commencement Date, Executive shall be obligated to promptly (and in any event within five (5) days after such termination) repay 100% of the gross amount of the Sign-on On Bonus if to the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start DateCompany.

Appears in 1 contract

Samples: Employment Agreement (Healthequity, Inc.)

Sign-On Bonus. Executive Additionally, within 30 days from the Effective Date, the Company shall receive pay a one-time sign-on signing bonus in the amount of $1,000,000 in cash 125,000 (the “Sign-on Bonus”). In the event that Executive resigns his employment within 12 months from the Effective Date (other than for Good Reason) or if Executive is removed for Cause within 12 months from the Effective Date, payable within 15 days following the Start Date. then Executive agrees to reimburse the Company for shall repay a ratable portion of the Sign-on Bonus equal to the shortfall of such initial one-year service period (e.g., if the Company terminates Executive’s employment for Cause or Executive resigns resigning without Good Reason within after 10 months, then repaying 16.7% of the 12Sign-month period following the Start Dateon Bonus).

Appears in 1 contract

Samples: Employment Agreement (Atossa Therapeutics, Inc.)

Sign-On Bonus. Executive shall receive a one-time sign-on cash signing bonus in the amount of $1,000,000 in cash (the “Sign-on Bonus”)50,000, subject to taxes and applicable withholdings, payable within 15 the first sixty (60) days following hire date. If Executive voluntarily terminates employment with the Start Date. Company, without Good Reason, or if the Executive is terminated by the Company for Cause, as defined below, within twelve (12) months of receiving the cash signing bonus, the Executive agrees to reimburse the Company for 100% of the Sign-on Bonus if cash signing bonus within thirty (30) days of the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Dateeffective date of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Rosetta Stone Inc)

Sign-On Bonus. Executive shall receive a one-time sign-sign on bonus of $1,000,000 in cash 100,000 (the “Sign-on Sign On Bonus”), payable within 15 days following the Start Date. This payment shall be subject to legally required tax withholdings. Executive agrees to reimburse that if she terminates her employment within 12 months of the Company Effective Date, for the Sign-on Bonus if the Company terminates Executive’s employment for Cause or any reason, and regardless of whether Executive resigns without has Good Reason within (as defined in this Agreement) to terminate her employment, Executive shall repay the 12-month period following entire Sign On Bonus in accordance with the Start DateCompany’s policies then in effect concerning such bonuses.

Appears in 1 contract

Samples: Employment Agreement (Blueprint Medicines Corp)

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Sign-On Bonus. Executive shall receive be paid a one-time cash sign-on bonus of One Million Six Hundred Thousand Dollars ($1,000,000 in cash 1,600,000) within fifteen (the “Sign-on Bonus”), payable within 15 15) days following Executive’s Start Date with the Start Date. Executive agrees to reimburse the Company for the Sign-on Bonus Company; provided that if the Company terminates Executive’s employment with the Company is terminated by the Company for Cause or Executive resigns without Good Reason Reason, in either case, during the first year of Executive’s employment with the Company, then Executive shall repay the after-tax portion of the sign-on bonus to the Company within the 12-month period thirty (30) business days following the Start Datesuch termination of employment.

Appears in 1 contract

Samples: Employment Agreement (J.Jill, Inc.)

Sign-On Bonus. Executive shall receive a one-time sign-on cash signing bonus in the amount of $1,000,000 in cash (the “Sign-on Bonus”)75,000, subject to taxes and applicable withholdings, payable on the first payroll following hire date. If Executive voluntarily terminates employment with the Company, without Good Reason, or if the Executive is terminated by the Company for Cause, as defined below, within 15 days following twelve (12) months of receiving the Start Date. cash signing bonus, the Executive agrees to reimburse the Company for 100% of the Sign-on Bonus if cash signing bonus within 30 days of the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Dateeffective date of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Rosetta Stone Inc)

Sign-On Bonus. Employer shall pay Executive shall receive a one-time sign-on signing bonus within sixty (60) days of the Effective Date in an amount equal to Two Hundred Thousand Dollars ($1,000,000 in cash 200,000) (the “Sign-on On Bonus”). Should Executive’s employment be terminated pursuant to Section 10 of this Agreement (other than by reason of the death or disability of Executive) within one year of the Effective Date, payable within 15 days following the Start Date. Executive agrees to reimburse the Company for shall immediately repay 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 DateOn Bonus.

Appears in 1 contract

Samples: Employment Agreement (Vince Holding Corp.)

Sign-On Bonus. Upon the Effective Date, Executive shall will receive a one-time sign-on bonus of $1,000,000 in cash 100,000 (the “Sign-on On Bonus”). The Sign-On Bonus is subject to repayment by Executive on a pro-rated basis if, payable within 15 days during the 12 months following the Start Effective Date. , Executive agrees to reimburse the Company for the Sign-on Bonus if the Company terminates Executive’s employment is terminated for Cause or Executive resigns without Good Reason within the 12-month period following the Start DateReason.

Appears in 1 contract

Samples: Employment Agreement (Acutus Medical, Inc.)

Sign-On Bonus. Executive shall receive a one-time sign-cash sign on bonus of $1,000,000 in cash 100,000 (the “Sign-on Signing Bonus”), payable within 15 days following ) on the Start first pay period after the Effective Date. In the event Executive’s Termination Date occurs for any reason (other than for Good Reason) prior to the 18 month anniversary of the Effective Date, Executive agrees shall pay back to reimburse the Company for the Sign-on entire after tax amount received by Executive of the Signing Bonus if within 90 days of the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Termination Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Potbelly Corp)

Sign-On Bonus. Within thirty days of the Start Date, Executive shall will receive a one-time sign-on signing bonus of equal to $1,000,000 in cash 290,000, less usual, required withholdings (the “Sign-on Bonus”), payable within 15 days following the Start Date. Executive agrees will be required to reimburse the Company for refund the Sign-on Bonus if to the Company terminates if Executive voluntarily resigns from his position and ceases employment with the Company before the end of fiscal year 2008 other than in the case of Executive’s employment resignation for Cause or Executive resigns without Good Reason within the 12twenty-month period four months following the Start Datea Change in Control.

Appears in 1 contract

Samples: Employment Agreement (Lattice Semiconductor Corp)

Sign-On Bonus. Within thirty (30) days following the Effective Date, the Company will pay Executive shall receive a one-time sign-on bonus lump sum cash payment of $1,000,000 in cash 100,000 (the “Sign-on Bonus”). In the event Executive resigns from Executive’s employment with the Company other than for Good Reason or is terminated by the Company for Cause prior to the one year anniversary of the Effective Date, payable within 15 days following the Start Date. Executive agrees to reimburse the Company for immediately repay 100% of the Sign-on Bonus if to the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start DateCompany.

Appears in 1 contract

Samples: Employment Agreement (Merus N.V.)

Sign-On Bonus. Executive shall will receive a one-time sign-on bonus of $1,000,000 in cash 175,000 (the “Sign-on Bonus”), less applicable withholdings, payable in cash within 15 thirty (30) days following the Start Date. Notwithstanding the foregoing, if, on or prior to the one (1) year anniversary of the Start Date, Executive agrees to reimburse terminates his employment with the Company for any reason, Executive must repay 100% of the Sign-on Bonus if to the Company terminates within sixty (60) days of Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Datetermination of employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Avi Biopharma Inc)

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