Sign-On Cash Bonus Award. The Executive shall be paid a cash bonus in an amount equal to €412,500, less applicable taxes, by April 30, 2025, subject to the Executive’s continued employment through the date of payment. Such bonus is intended to offset incentive opportunities that the Executive will forfeit from his prior employer.
Sign-On Cash Bonus Award. Not later than 15 days after the Effective Date, the Company paid to the Executive a cash sign-on bonus in the amount of $2,650,000.
Sign-On Cash Bonus Award. The Company will pay the Executive a cash sign-on bonus in the amount of $1,650,000 on the following payment schedule: (1) $250,000 not later than 30 days after the Effective Date, provided, however, that if the Executive does not remain employed by the Company through the first anniversary of the Effective Date, the Executive will repay the Company this amount upon his termination of employment unless the Executive’s employment is terminated by the Company without Cause; (2) $700,000 as soon as administratively practicable after December 31, 2008 (but not later than 30 days after such date); provided, however, that if the Executive has a termination of employment before December 31, 2008 for any reason other than for cause, he shall receive a prorated bonus based on a fraction, the numerator of which is the number of days from the Effective Date to his termination of employment and the denominator is the number of days from the Effective Date to December 31, 2008; and (3) $700,000 as soon as administratively practicable after December 31, 2009 (but not later than 30 days after such date); provided, however, that if the Executive has a termination of employment after December 31, 2008 and before December 31, 2009 for any reason other than for cause, he shall receive a prorated bonus based on a fraction, the numerator of which is the number of days from January 1, 2009 to his termination of employment and the denominator is 365. If the Executive is terminated for Cause before the payment of a bonus payment to be made under this Section 4(d)(i), the Executive will not be entitled to such unpaid bonus payment.
Sign-On Cash Bonus Award. The Company will pay the Executive as cash sign-on bonus in the amount of $75,000 not later than 30 days after the Effective Date, provided, however, that if the Executive does not remain employed by the Company through the first anniversary of the Effective Date, the Executive will repay the Company this amount upon his termination of employment unless the Executive’s employment is terminated by the Company without Cause.
Sign-On Cash Bonus Award. The Company will pay the Executive a cash sign-on bonus in the amount of $200,000 to be paid 25% as soon as administratively practicable but no later than 30 days after each of January 31, 2013, December 31, 2013, April 30, 2014 and August 31, 2014, in each case less applicable withholdings, except that if the Executive's employment is terminated by the Company for Cause or by the Executive without Good Reason before the twenty-four-month anniversary of the Effective Date, effective as of such termination date the Executive will not be entitled to any unpaid payment and any amounts already paid under this paragraph 4(d) will be repayable to the Company.
