Starting Bonus. Executive shall be eligible to receive a starting bonus of $15,000.00 payable on the next regular paydate following the six month anniversary of the Commencement Date, provided Executive is actively employed in good standing on such date.
Starting Bonus. Within thirty (30) days of the commencement of employment, the Executive will receive a one-time starting bonus of $100,000, subject to legally required tax witholdings. Should the Executive be terminated for Cause or resign voluntarily within the first twelve (12) months of her employment, Executive will be required to repay the full amount of such starting bonus, provided that Executive will not be required to repay such starting bonus if the Executive resigns for Good Reason as set forth in this Section 4(b)(ii).
Starting Bonus. The Executive shall be paid a one-time starting bonus in the amount of $100,000 upon the execution of this Agreement. Executive agrees that should he voluntarily end his employment with the Company for any reason: (i) within the first twelve months of the term of this Agreement, Executive will reimburse the Company the full amount of the starting bonus, and (ii) after the first twelve months of the term of this Agreement, but before the expiration of twenty-four months, then in that event the Executive will reimburse the Company a pro-ratio of the starting bonus calculated as follows:. Reimbursement to Company = 1 — months of employment x $100,000 After the expiration of 24 months of employment, there will be no requirement for reimbursement of the Starting Bonus.
Starting Bonus. You will receive a one-time payment in the amount of $45,000, less legally required tax withholdings, which will be paid in the first regular payroll date following your commencing employment. If you leave the Company for any reason within twelve
Starting Bonus. Executive shall receive a starting bonus in the amount of $50,000 (the “Starting Bonus”) that shall be paid out in Executive’s first paycheck after the Effective Date; provided, however, if at any time within the first 18 months after the Effective Date, Executive’s employment with the Company is terminated by Executive without Good Reason (as defined in Article 4.1 below) or by the Company for Cause, Executive shall, within 20 business days after any such termination, repay to the Company the Starting Bonus. Nothing in this paragraph is to be read as guaranteeing Executive’s employment longer than the Term or in any other way.
Starting Bonus. Upon execution of this Agreement, the Company shall pay to Employee the sum of Thousand Dollars ($ ).
Starting Bonus. Executive shall be paid a bonus of $30,000 on Executive’s first day of employment as President and Chief Operating Officer of GNB Financial under this Agreement.
Starting Bonus. A xxxxxing bonus, in lieu of relocation expenses, equal to Seventy-Five Thousand Dollars ($75,000), to be paid on or before October 31,1996;
Starting Bonus. Upon your first day of employment, the Company will pay you a cash bonus of $32,000, subject to such deductions and withholdings as may be required by law or further agreement with you.
Starting Bonus. Upon commencing employment with the Company, the Executive shall be entitled to receive a starting bonus of $175,000 (the "Starting Bonus"); provided that the Executive acknowledges and agrees that the full amount of the Starting Bonus shall be deducted from and shall reduce the amount of any subsequent Annual Bonus until such time as the Starting Bonus has been fully recouped by the Company; and provided further that the Executive acknowledges and agrees that in the event that the Executive's employment with the Company is terminated for Cause (as defined herein) or by the Executive without Good Reason (as defined herein) prior to the one year anniversary of the Effective Date, then the Executive shall be required to immediately repay to the Company that portion of Starting Bonus which has not been recouped by the Company as of the date the Executive's employment with the Company terminates (the "Repayment Obligation"). With regard to the Repayment Obligation, the Executive further acknowledges and agrees that the Company may elect to offset any amounts otherwise due to the Executive.
