Sign-On Bonus. The Company shall pay Executive a one-time sign-on bonus equal to $18,750.00 minus all applicable taxes and withholdings, within thirty (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2).
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Samples: Employment Agreement (AveXis, Inc.)
Sign-On Bonus. The Company shall will pay the Executive a one-time an additional sign-on bonus equal to of $18,750.00 minus all applicable taxes and withholdings, 75,000 in cash (the “Sign-on Bonus”) within thirty (30) 30 days of the Start Effective Date, less all required or authorized tax and other withholdings. Should If the Executive be terminated resigns other than for Cause Good Reason (as defined in Section 5.4 (a)below) on or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of prior to February 16, 2011 he will repay the Start Date, then Executive shall be required to repay Company the signSign-on bonus in full Bonus to the Company within thirty (30) 30 days following the Separation Date (as defined in Section 5.2)of such termination.
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Samples: Executive Employment Agreement (Princeton Review Inc)
Sign-On Bonus. The Company shall will pay Executive a one-time sign-on bonus equal to of One Hundred Fifty Thousand Dollars ($18,750.00 minus 150,000), less all applicable taxes and withholdings, payable on the Effective Date of this Agreement (“Sign-On Bonus”). Executive agrees that if Executive fails to begin work for Company pursuant to this Agreement, or voluntarily resigns Executive’s employment with Company within thirty (30) days the first year of the Start Date. Should Executive be service or is terminated for Cause by Company within the first year of service, Executive will repay Company a prorated portion of the Sign-On Bonus (as defined in Section 5.4 (a)based on months of completed service) or resign within 30 days after Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)termination date.
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Samples: Executive Employment Agreement (Provide Commerce Inc)
Sign-On Bonus. The Company shall pay Executive a one-time sign-on bonus equal to of $18,750.00 minus all applicable taxes and withholdings, 50,000 (the “Sign-On Bonus”) within thirty (30) calendar days of the Start Effective Date, less all required tax withholdings and other applicable deductions. Executive will earn and be permitted to retain the full amount of the Sign-On Bonus if Executive remains in Employment on the one (1) year anniversary of the Effective Date. Should If Executive be voluntarily resigns from the Company or is terminated by the Company for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Datebefore such time, then Executive shall will be required to repay return the prorated net after-tax amount of the Sign-On Bonus to the Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)60 days.
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Samples: Employment Agreement (NXT-Id, Inc.)
Sign-On Bonus. The Company shall pay Executive a one-time sign-on bonus equal to $18,750.00 minus all applicable taxes and withholdings, within Within thirty (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment Date of Hire, Executive will be paid a one-time bonus of one hundred fifty thousand dollars (as defined in Section 5.4 $150,000.00) (bthe “Sign-on Bonus”)) within twelve (12) months of the Start Date, then Executive shall be required subject to repay Company the signstandard deductions and withholdings. The Sign-on bonus in full is intended to compensate the Executive for the annual bonus forfeited upon termination with his former company. If, prior to the first anniversary of the Date of Hire, Executive resigns for any reason other than for Good Reason, or the Company terminates his employment for Cause, Employee must repay to the Company, on or within thirty (30) days following after the Separation Date (as defined in Section 5.2)employment termination date, an amount equal to the Sign-on Bonus.
Appears in 1 contract
Samples: Executive Employment Agreement (Horizon Pharma PLC)
Sign-On Bonus. The Company shall pay Pursuant to the Prior Agreement, Executive was paid a one-time sign-on signing bonus equal to the amount of $18,750.00 minus all applicable taxes and withholdings125,000, 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 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 Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the signSign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)On Bonus.
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Sign-On Bonus. The Within thirty (30) days following the Effective Date, the Company shall pay to the Executive a one-time sign-on bonus equal in the amount of Six Hundred Thousand Dollars ($600,000). During the one (1)-year period following the Effective Date, if (i) the Executive’s employment is terminated by the Company for Cause, or (ii) the Executive terminates his employment without Good Reason, the Executive shall repay the full (pre-tax) amount of such bonus to $18,750.00 minus all applicable taxes and withholdings, the Company within thirty (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)such termination.
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Samples: Employment Agreement (Green Mountain Coffee Roasters Inc)
Sign-On Bonus. The Company shall will pay the Executive a one-time sign-on bonus equal to of $18,750.00 minus all 500,000, less applicable taxes deductions and withholdings, withholdings (the “Sign-On Bonus”) within thirty (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign If the Executive’s employment (as defined in Section 5.4 (b)) ends within twelve (12) months of the Start DateDate because the Executive resigns without Good Reason or because the Company terminates the Executive’s employment for Cause, then the Executive shall be required agrees to repay the Company the signentire Sign-on bonus in full On Bonus within thirty (30) days following of the Separation Date of Termination (all capitalized terms as defined in Section 5.2herein).
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Sign-On Bonus. The Company Executive shall pay Executive be entitled to a one-time sign-on signing bonus equal to the amount of $18,750.00 minus all applicable taxes and withholdings30,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company 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 Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the signSign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)On Bonus.
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Sign-On Bonus. The Company shall pay Pursuant to the Prior Agreement, Executive was paid a one-time sign-on signing bonus equal to the amount of $18,750.00 minus all applicable taxes and withholdings50,000, 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 Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the signSign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)On Bonus.
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Sign-On Bonus. The Company shall agrees to pay Executive a one-time sign-on lump sum cash signing bonus equal to in the amount of $18,750.00 minus all applicable taxes 75,000, (the “Signing Bonus”), less payroll deductions and withholdings, within thirty (30) days of the Start Commencement Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign If Executive’s employment (as defined in Section 5.4 (b)) service with the Company ceases due to a termination with Cause, or Executive’s resignation other than for Good Reason at any time within the first twelve (12) months of following the Start Commencement Date, then Executive shall be required to repay the Signing Bonus to the Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)of such termination.
Appears in 1 contract
Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc)
Sign-On Bonus. The No later than 30 days following the Commencement Date, the Company shall pay Executive a one-time cash sign-on bonus equal to in the amount of $18,750.00 minus all applicable taxes and withholdings300,000 (the “Sign-On Bonus”); provided, within thirty (30) days of that in the Start Date. Should Executive be event that Executive’s employment is terminated by the Company for Cause (as defined in Section 5.4 (abelow)) , or resign as a result of Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months voluntary resignation for any reason, prior to the first anniversary of the Start Commencement Date, then Executive shall be required forfeit any right to the Sign-On Bonus and Executive shall repay such amount to the Company the sign-on bonus in full within thirty (30) 30 days following the Separation Date (as defined in Section 5.2)of Executive’s termination of employment.
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Sign-On Bonus. The Company shall pay In addition to the other payments described in this Agreement, Executive will be paid a one-time sign-on cash bonus equal to of $18,750.00 minus all 200,000, less applicable taxes and required withholdings, within thirty (30) 30 days following the first day of his employment. Executive represents and warrants that this amount represents the Start Datebonus compensation he would have received from his current employer but for commencement of employment with the Company prior to Executive’s first day of employment. Should Executive be terminated for Cause (understands and agrees that if he terminates employment with the Company without Good Reason, as defined in Section 5.4 (a)) or resign Executive’s 5.3 of this Agreement, within one year of his first day of employment (as defined in Section 5.4 (b)) within twelve (12) months of with the Start DateCompany, then Executive he shall be required to repay Company the sign-on bonus this amount in full within thirty (30) 30 days following the Separation Date (as defined in Section 5.2)of termination.
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Sign-On Bonus. The Company Executive shall pay Executive receive a one-time sign-on bonus equal in the amount of $125,000 (the "Sign-On Bonus"), of which 50% is payable shortly after the Executive's start date and the remaining 50% payable on the first anniversary of the Executive's start date. Should the Executive voluntarily resign for any reason or if the Executive's employment with the Company is terminated by the Company for Cause (as defined below), in either case during the twelve (12) month period following the Effective Date, the Executive will be required to $18,750.00 minus all applicable taxes and withholdings, reimburse the Company the full amount of any Sign-On Bonus monies received within thirty (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months such termination of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2)employment.
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Sign-On Bonus. The Company shall will pay Executive a one-time sign-sign on bonus equal of $100,000 subject to $18,750.00 minus all applicable taxes tax deductions and withholdings, which will be paid within thirty (30) days of the Start Effective Date. Should If Executive be voluntarily terminates his employment without Good Reason or his employment is terminated by the Company for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months one year of the Start Effective Date, then Executive shall will be required to repay responsible for reimbursing the Company for the sign-on total amount of this bonus in full within thirty (30) days following of the Separation Date (as defined in Section 5.2)termination of Executive’s employment.
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Sign-On Bonus. The Company shall pay Executive a one-time sign-sign on bonus equal to (“Sign On Bonus”) of $18,750.00 minus all applicable taxes and withholdings, 100,000 within thirty (30) days of the Start Effective Date. Should If Executive be resigns without Good Reason (as defined below) or is terminated by the Company for Cause (as defined in Section 5.4 (a)below) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months before the one year anniversary of the Start Effective Date, then Executive shall be required repay the Sign On Bonus to repay the Company the sign-on bonus in full within thirty (30) days following after the Separation Date (as defined in Section 5.2)Termination Date.
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Sign-On Bonus. The Company shall agrees to pay Executive a one-time sign-on bonus equal of $200,000 (the “Sign-On Bonus”), subject to $18,750.00 minus all applicable required taxes and withholdings, to be paid within thirty twenty-one (30) days of the Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (3021) days following the Separation Date Effective Date. If Executive’s employment with the Company terminates less than twenty-four (as defined in Section 5.2)24) full months after the Effective Date, Executive agrees to repay the full amount of the Sign-On Bonus, less one twenty-fourth (1/24th) of the Sign-On Bonus (i.e., $8,333.33) for each full month of employment completed after the Effective Date. Executive further agrees that Executive will repay the Sign-On Bonus by no later than the effective date of the employment termination, and that any outstanding balance on such repayment obligation is delinquent and immediately collectable the day following the effective date of termination.
Appears in 1 contract
Samples: Employment Agreement (Red Robin Gourmet Burgers Inc)
Sign-On Bonus. The Company shall pay Executive a one-time sign-on bonus equal to $18,750.00 minus all applicable taxes and withholdings, within Within thirty (30) days of the Start Effective Date, the Company will pay Executive a sign-on bonus of $50,000 (the “Sign-on Bonus”). Should Executive be terminated In the event of Executive’s termination by the Company for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) resignation without Good Reason within twelve (12) months of the Start Effective Date, then Executive shall be required must repay to repay the Company the signnet after-tax amount of the Sign-on bonus in full Bonus within thirty sixty (3060) days following the Separation Date (as defined in Section 5.2)of such termination of employment.
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Sign-On Bonus. The Company shall pay the Executive a one-time sign-on bonus equal of $25,000, less applicable deductions and withholdings (the “Sign-On Bonus”), to $18,750.00 minus all applicable taxes and withholdings, be paid within thirty (30) days of after the Start Effective Date. Should The Executive be terminated agrees that if he terminates his employment for any reason or if the Company terminates his employment with Cause (as defined below), in Section 5.4 (a)) or resign Executive’s employment each case prior to the one year anniversary of the Effective Date, he will repay the entire Sign-On Bonus within 30 days of the Date of Termination (as defined in Section 5.4 (b)) within twelve (12) months of the Start Date, then Executive shall be required to repay Company the sign-on bonus in full within thirty (30) days following the Separation Date (as defined in Section 5.2below).
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