Start Bonus Sample Clauses

Start Bonus. Mr. Xxxxxxxxx xxxl be paid a bonus of $200,000 within five days after the execution and delivery of this agreement.
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Start Bonus. Executive shall earn a one-time bonus of $250,000.00 (“Start Bonus”) upon a Qualified Financing. The Company will pay the Start Bonus within thirty (30) days after a Qualified Financing.
Start Bonus. HVDC shall pay to the Executive a one-time start bonus of $75,000 on the date the Executive commences full time employment.
Start Bonus. Conditional upon the Executive commencing employment with the Company by August 30, 2021 (“Start Date”), the Executive will be paid a cash bonus in an amount equal to the aggregate fair market value of the Class B ordinary shares of Powered Brands transferred to Executive by the Sponsor pursuant to Section 2(h) herein times .45 (the “Start Bonus”). Such cash bonus will be paid to the Executive in the first regular pay period after the Executive’s employment begins (but in any event within 30 days after the Start Date), subject to applicable tax withholding.
Start Bonus. Executive was eligible to earn a one-time bonus of $135,000.00, less applicable withholdings (“Start Bonus”). The Company paid Executive 50% of the Start Bonus, in advance of being earned, within thirty (30) days after November 4, 2019, and the other 50% of the Start Bonus on or about the same date that the Company paid annual bonuses to employees in approximately March 2020. Executive earned each portion of the Start Bonus as Executive remained continuously employed with the Company through the one-year anniversary of the applicable payment date of such portion. If Executive’s employment with the Company had terminated for any reason (except by the Executive for Good Reason, as defined below) prior to the one-year anniversary of the applicable payment date of such portion, Executive agreed to repay such unearned portion(s) with thirty (30) days after the date Executive’s employment terminated.
Start Bonus. Executive shall receive a cash bonus of $150,000 on the Commencement Date. Such bonus shall be paid together with the first payment of Base Salary in accordance with the Company’s standard payroll practices.
Start Bonus. Executive was paid a one-time cash bonus of $200,000, less applicable withholdings (the “Start Bonus”) on October 8, 2021.
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Start Bonus. The Company shall pay the Employee a start bonus of ----------- $250,000, to be paid as follows: (i) $75,000 payable on the Effective Date; (ii) $75,000 payable on January 1, 2000; and (iii) $100,000 payable on April 1, 2000, provided, however, that such payments shall only be made if the Employee remains employed by and in good standing with the Company on the date such payment is otherwise due.

Related to Start Bonus

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Target Bonus Executive will be eligible to receive an annual bonus of up to forty percent (40%) of Executive’s Base Salary, less applicable withholdings, upon achievement of performance objectives to be determined by the Board in its sole discretion (the “Target Bonus”). The Target Bonus, or any portion thereof, will be paid as soon as practicable after the Board determines that the Target Bonus has been earned, but in no event shall the Target Bonus be paid after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which the Target Bonus is earned or (ii) March 15 following the calendar year in which the Target Bonus is earned.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Retirement Bonus 22:01 Employees retiring in accordance with the following:‌ (a) Retire at age sixty-five (65) years; or (b) Retire after age sixty-five (65) years; or (c) Have completed at least ten (10) years continuous employment and retire after age fifty-five (55) years but before age sixty-five (65) years; (d) Employees who have completed at least ten (10) years continuous service with the Employer, whose age plus years of that service equal eighty (80); shall be granted retirement bonus on the basis of four (4) days per year of employment.

  • Pro-Rated Bonus Pro Rated Bonus" shall mean, a bonus equal to the product of (i) the bonus Employee did not receive but would have received under Section 1.4(b) if he had remained an employee through the end of the Employment Term, it being understood that the amount of such bonus Employee would have received shall be determined by reference to the average amount of bonus actually awarded to other officers who were at the same or comparable level of responsibility as Employee immediately prior to his termination, and (ii) a fraction, the denominator of which is 365 and the numerator of which is the number of days in the fiscal year being considered through the date of death, determination of disability or notice of termination of employment, whichever is applicable. In the event that a majority of SCI officers do not receive a bonus for the fiscal year being considered, then the Pro Rated Bonus shall not be applicable and Employee shall not be entitled to a Pro Rated Bonus. The Pro Rated Bonus, if any, payable to Employee shall be paid within 90 days after the date that bonuses, if any, are awarded for a majority of SCI officers for the year being considered.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

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