Sign-On Payment. The Company will make a one-time payment to you of $100,000, net of applicable taxes, withholding and any other deductions, as an advance, within five business days of the Start Date. If you resign your employment with the Company without Good Reason (as defined below), or the Company terminates your employment for Cause (as defined below), at any time prior to the first anniversary of your Start Date, you shall repay, within 30 days of your last day of employment with the Company, the entire $100,000, less any taxes thereon to the extent such taxes are not refundable to you. However, the Sign-on Payment shall not subject to repayment if your employment is terminated without Cause or you resign with Good Reason at any time.
Sign-On Payment. Immediately following execution of this Agreement, PMB shall pay to Executive cash in the amount of $50,000 as a sign-on bonus payment.
Sign-On Payment. Medical officers will be paid a one-off ‘sign-on’ payment in the amount set out in Schedule 2. To be eligible for the payment of the ‘sign-on’ payment an employee must be employed by Queensland Health on the date of certification. The amount of the ‘sign-on’ payment is not determined by hours worked but by pay level. The ‘sign-on’ payment will be paid through payroll and treated normally for taxation purposes, but is not included in the calculation for payment of superannuation or leave loading.
Sign-On Payment. On the Commencement Date, the Employer shall pay Executive a lump sum amount equal to one million sixty five thousand U.S. Dollars ($1,065,000).
Sign-On Payment. The Bank shall provide Executive with a sign-on payment in the amount of $600,000.00 (“Sign-On Payment”), subject to prior review and non-objection by the Finance Agency. The Sign-On Payment shall be subject to all applicable state and federal tax withholdings and payable as follows in two equal payments: $300,000 within thirty (30) days of the first anniversary of the Effective Date (“First Installment Date”) and $300,000 within thirty (30) days of the second anniversary of the Effective Date (“Second Installment Date”). In the event Executive’s employment terminates for Cause or Without Good Reason, as defined in Section 7, below (the “Termination Date”), and prior to the Second Installment Date, Executive agrees to pay the Bank within five (5) business days following the Termination Date the following amount: The Sign-On Payment paid as of the Termination Date multiplied by a fraction of which the numerator is the number of days between the Termination Date and the Second Installment Date, and the denominator is 365 In the event Executive’s employment terminates for Cause or Without Good Reason, as defined in Section 7, below, after the Second Installment Date and prior to the three year anniversary of the Effective Date (the “Repayment Date”), Executive agrees to pay the Bank within five (5) business days following the Termination Date the following amount: The Sign-On Payment paid as of the Termination Date multiplied by a fraction of which the numerator is the number of days between the Termination Date and the Repayment Date, and the denominator is 1,095.
Sign-On Payment. The Executive will receive a one-time payment of $175,000. This payment will be made as part of the normal semi-monthly payroll after 30 days of employment. If the Executive leaves the Company within 18 months after the Effective Date (other than in connection with a Covered Termination), the Executive will be required to repay the full amount of this payment. Such payment will be subject to legally required tax withholdings. For purposes of this Agreement, Covered Termination shall mean a “Covered Termination” of the Executive’s services as determined under the Plan (as modified by this Agreement).
Sign-On Payment. 11.1 A one-off Certified Agreement sign-on payment of $500 gross will be made to each full time employee (pro-rata for part time employees) who is employed at the time of certification of this new agreement. That payment will not be regarded as a precedent; will not count for any other purpose whatsoever; and will be payable as soon as reasonably practicable after certification.
Sign-On Payment. 5.10.1 In the next pay following the date of operation for this Agreement, a one-off sign on payment of $1,000 will be paid to all employees under this Agreement who are employed on the date of operation, with the exception of ASA 1-6 employees.
5.10.2 In the next pay following the date of operation for this Agreement, a one-off sign on payment of $1,300 will be paid to all ASA 1-6 employees under this Agreement who are employed on the date of operation.
Sign-On Payment. 9.1 In consideration for:
(a) the period of time that has elapsed since the drivers received an increase in remuneration; and
(b) the commencement date of this Agreement, each driver shall be paid the amount of $700.00 (before tax) at the start date.
Sign-On Payment. A pre-tax sign-on payment of $450.00 will be paid to all Taghleef employees covered by this agreement. This payment will be made on the first full pay period after this agreement has been approved by the FWC.
