Common use of Signing Bonus Clause in Contracts

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 (the “Signing Bonus”) on the Company’s next regular payroll date following the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined below) or the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 4 contracts

Samples: Employment Agreement (Nuvve Holding Corp.), Employment Agreement (Nuvve Holding Corp.), Employment Agreement (NB Merger Corp.)

AutoNDA by SimpleDocs

Signing Bonus. The On the Effective Date, the Company shall pay the Executive a lump sum cash signing bonus of equal to five hundred thousand dollars ($50,000 500,000) (the “Signing Bonus”) on ), less applicable tax withholding and other authorized deductions. If the CompanyExecutive’s next regular payroll date following employment hereunder is terminated by the Effective Date; provided that, Company for Cause or the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six voluntarily terminates his employment other than with Good Reason within twenty-four (624) months after following the Effective Date, the Executive terminates hereby agrees to repay the Executive’s employment without Good Reason (as defined below) or Signing Bonus in full to the Company terminates the Executive’s employment for Cause (as defined below)Company.

Appears in 2 contracts

Samples: Employment Agreement (SPRINT Corp), Employment Agreement (SPRINT Corp)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 100,000 (the "Signing Bonus") on the Company’s next regular payroll date within 30 days following the Effective Commencement Date; provided provided, however, that, the Executive shall repay to the gross company the full amount of the Signing Bonus if, prior to the date that is six (6) months after one-year anniversary of the Effective Commencement Date, the Executive terminates the Executive’s her employment without Good Reason (as defined below) or is terminated by the Company terminates the Executive’s employment for Cause (as defined below)Cause.

Appears in 2 contracts

Samples: Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.)

Signing Bonus. The In addition, the Company shall pay the to Executive a lump sum cash one-time signing bonus of One Hundred Thousand Dollars ($50,000 100,000) (the “Signing Bonus”). The Signing Bonus shall be paid by the Company to Executive upon the completion of ninety (90) on the Company’s next regular payroll date days of employment following the Effective Start Date; provided thatprovided, however, that in the Executive shall repay the gross amount of the Signing Bonus if, prior to the date event that is six (6) months after the Effective Date, the Executive terminates the Executive’s employment without is terminated by the Company for Cause (as defined below) or by Executive other than for Good Reason (as defined below) or prior to the Company terminates date that is eighteen (18) months following the Executive’s employment for Cause (as defined below)Start Date, Executive shall promptly repay the full amount of the Signing Bonus to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Affinion Group, Inc.), Employment Agreement (Affinion Group, Inc.)

Signing Bonus. The On or promptly following the Effective Date, the Company shall pay the Executive a lump sum cash signing bonus of $50,000 600,000 (the “Signing Bonus”) on ). If the CompanyExecutive’s next regular payroll date following employment is terminated by the Effective Date; provided that, Company for Cause or the Executive shall repay the gross amount of the Signing Bonus ifresigns other than for Good Reason, prior to the date that is six in either case within one (61) months after year following the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined below) or shall promptly repay to the Company terminates the Executive’s employment for Cause product of (as defined below)A) the Signing Bonus and (B) a fraction, the numerator of which is (x) 12 minus (y) the number of complete months from the Effective Date through the date of termination, and the denominator of which is 12.

Appears in 1 contract

Samples: Employment Agreement (Monro Muffler Brake Inc)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 (the “Signing Bonus”) on the Company’s next regular payroll date following the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective Date, the Executive terminates the Executive’s 's employment without Good Reason (as defined below) or the Company terminates the Executive’s 's employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Nuvve Holding Corp.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 225,000 (the "Signing Bonus") on the Company’s next regular payroll date within thirty (30) days following the Effective Date; provided that, the Executive shall repay the gross amount a pro rata portion of the Signing Bonus if, prior to the date that is six (6) months after third anniversary of the Effective Date, the Executive terminates the Executive’s his employment without Good Reason (as defined below) or is terminated by the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Executive Employment Agreement (SunOpta Inc.)

Signing Bonus. The Company shall pay the Executive Executive: (i) a lump sum one-time cash signing bonus of $50,000 (in the “Signing Bonus”) on the Company’s next first regular payroll date following after the Effective Date; provided that, and (ii) with respect to the payment, Executive shall repay the gross amount of the Signing Bonus $50,000 signing bonus set forth in 4.1(b)(i) if, prior to the date that is six within eighteen (618) months after of the Effective Date, the Executive terminates the Executive’s 's employment without Good Reason (as defined below) or the Company terminates the Executive’s 's employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Natural Gas Services Group Inc)

Signing Bonus. The Company shall will pay the Executive a lump sum cash one-time signing bonus of $50,000 100,000 payable in a lump sum on the date of the first payroll after the Effective Date, subject to applicable deductions and withholdings (the “Signing Bonus”). The Signing Bonus will be subject to repayments in full if the Executive voluntarily chooses to resign from the Company within the first twelve (12) on the Company’s next regular payroll date following months of the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined below) or the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (AVROBIO, Inc.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 30,000 (the “Signing Bonus”) on the Company’s next regular payroll date following the Effective Date); provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective Date, if the Executive terminates the Executive’s employment without Good Reason (as defined below) terminates voluntarily or involuntarily for any reason on or before the Company terminates one year anniversary of the Executive’s employment for Cause (as defined below)Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Alaunos Therapeutics, Inc.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 30,000.00 (the "Signing Bonus") on the Company’s next regular payroll date within 360 days following the Effective Date; provided that, . the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective DateDecember 2013 , the Executive terminates the Executive’s his/her employment without Good Reason (as defined below) or is terminated by the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Icon Vapor, Inc.)

AutoNDA by SimpleDocs

Signing Bonus. The Promptly following the Effective Date, the Company shall will pay the Executive you a lump lump-sum cash signing bonus of amount equal to $50,000 250,000 (the “Signing Bonus”) on ). In the Company’s next regular payroll date following event that within the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is first six (6) months after following the Effective Date, Date you resign prior to the appointment of a new Chief Executive terminates the Executive’s Officer or your employment without Good Reason (as defined below) or is terminated by the Company terminates for Cause, you will be required to repay the Executive’s employment for Cause (as defined below)Signing Bonus to the Company in full.

Appears in 1 contract

Samples: Employment Agreement (Michaels Companies, Inc.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of thirty thousand dollars ($50,000 30,000) (the "Signing Bonus") on payable at the Company’s next regular first full payroll date following the Effective Datecycle; provided provided, however, that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the one year anniversary of the date that is six (6) months after the Effective Datehereof, the Executive terminates the Executive’s his employment without Good Reason (as defined below) or is terminated by the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Cellectar Biosciences, Inc.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 (the “Signing Bonus”) on the Company’s next regular payroll date 350,000 within 30 days following the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) months after one year from the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined in Section 5(d) below) or the Company terminates the Executive’s employment for Cause (as defined in Section 5(c) below).

Appears in 1 contract

Samples: Employment Agreement (Mr. Cooper Group Inc.)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 600,000 (the “Signing Bonus”) on the Company’s next regular payroll date within 30 days following the Effective Date; provided that, that the Executive shall repay the gross amount a pro rata portion of the Signing Bonus within 10 days following the Executive’s termination of employment if, prior to the date that is six (6) months after second anniversary of the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined below) or the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Executive Employment Agreement (WEBTOON Entertainment Inc.)

Signing Bonus. The On or as soon as practicable following the Effective Date, the Company shall will pay to the Executive a lump sum cash signing bonus of equal to $50,000 400,000 (the “Signing Bonus”) on ). In the Companyevent that the Executive’s next regular payroll date following employment is terminated by the Effective Date; provided thatCompany for Cause or the Executive resigns without Good Reason, in either case prior to December 31, 2025, the Executive shall shall, upon such termination, repay to the gross Company the full amount of the Signing Bonus if, prior to the date that is six (6) months after the Effective Date, the Executive terminates the Executive’s employment without Good Reason (as defined below) or the Company terminates the Executive’s employment for Cause (as defined below)Bonus.

Appears in 1 contract

Samples: Employment Agreement (National Healthcare Properties, Inc.)

Signing Bonus. The In consideration of Executive’s execution and delivery of this Agreement and his commencement of employment with the Company, the Company shall will pay the to Executive a one-time lump sum cash signing bonus payment in the gross amount of $50,000 1,150,000, less required and authorized deductions and withholdings (the “Signing Bonus”) ), which shall be payable on the Company’s next regular first payroll date following the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, . If Executive’s employment ends prior to the date that is six (6) months after first anniversary of the Effective Date, Date due to termination by the Company for Cause (as defined below) or resignation by Executive terminates the Executive’s employment without other than for Good Reason (as defined below) or ), Executive will repay the Company terminates for the Executive’s employment for Cause (as defined below)full amount of the Signing Bonus.

Appears in 1 contract

Samples: Employment Agreement (Deluxe Corp)

Signing Bonus. The Company shall pay the Executive a lump sum cash signing bonus of $50,000 (the “Signing Bonus”) on the Company’s next regular payroll date less standard withholding taxes within 30 days following the Effective Date; provided that, the Executive shall repay the gross amount of the Signing Bonus if, prior to the date that is six (6) twelve months after from the Effective Date, the Executive terminates the Executive’s her employment without Good Reason (as defined below) or is terminated by the Company terminates the Executive’s employment for Cause (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Celldex Therapeutics, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!