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. 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. 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. 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. 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 Executive will receive a one-time payment of $150,000. 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.
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.
Sign-On Payment. Available to all current GPs who accept a new contract for services with the LHN is a one-off payment of $2000. The payment is conditional upon the GP, currently engaged under the 2017 SARMFA, accepting a new contract within three months of it being offered by the LHN. In some circumstances, the payment will also be offered to newly qualified GPs who have provided services to LHNs as GP Registrars through the auspices of a GP / GP clinic engaged under the 2017 SARMFA. The payment recognises and rewards the GPs ongoing commitment to the South Australian public health system.
Sign-On Payment. On commencement of this Agreement in accordance with clause 4, employees will be paid a once off sign-on payment of $676, pro-rata for part-time employees.
Sign-On Payment. The sign on payment recognises and rewards the GPs’ ongoing commitment to the South Australian public health system The sign on payment is available to all current GPs who accept a new GP Agreement to provide services with an RLHN and is a one‐off payment of $12,000 (ex GST). The payment is conditional upon the GP, currently engaged under the 2017 SARMFA, accepting a new GP Agreement within five months of 1 February 2022. The payment may only be made once to each eligible GP. The sign on payment will also be offered to newly qualified GPs who have provided services to RLHNs as GP Registrars, Practice Experience Program (PEP) and More Doctors for Rural Australia Program (MDRAP) through the auspices of a GP/GP clinic engaged under the 2017 SARMFA. The sign on payment will not be available beyond 30 June 2022.
