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

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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 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), Avi Biopharma (Avi Biopharma 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: Execution Version (Cdi Corp), Execution Version (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 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. 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 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)

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.)

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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. 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. 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.)

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