Common use of Starting Bonus Clause in Contracts

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).

Appears in 2 contracts

Samples: Employment Agreement (Jounce Therapeutics, Inc.), Employment Agreement (Jounce Therapeutics, Inc.)

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Starting Bonus. Within thirty (30) days of the commencement of employment, the Executive will receive a one-time starting bonus of $100,00050,000, subject to legally required tax witholdingswithholdings. Should the Executive be terminated for Cause or resign voluntarily within the first twelve (12) months of her his 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).

Appears in 1 contract

Samples: Employment Agreement (Jounce Therapeutics, Inc.)

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Starting Bonus. Within thirty (30) days of the commencement of employment, the The Executive will receive a one-time starting bonus of $100,00050,000, subject to legally required tax witholdingswithholdings. Should the Executive be terminated for Cause or resign voluntarily within the first twelve (12) months of her his 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).. (c)

Appears in 1 contract

Samples: Employment Agreement (Jounce Therapeutics, Inc.)

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