Bonus Upon Consummation of the IPO. Upon the closing of an initial public offering of the Company’s Common Stock (an “IPO”), the Executive shall receive a bonus payout in an amount of $42,000 (the “IPO Bonus”), which IPO Bonus shall be payable in a lump sum, less required taxes and deductions, within thirty (30) days of the IPO.
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Samples: Performance Share Unit Agreement (iSpecimen Inc.), Executive Employment Agreement (iSpecimen Inc.)
Bonus Upon Consummation of the IPO. Upon the closing of an initial public offering of the Company’s Common Stock (an “IPO”), the Executive shall receive a bonus payout in an amount of $42,000 56,875.00 (the “IPO Bonus”), which IPO Bonus shall be payable in a lump sum, less required taxes and deductions, within thirty (30) days of the IPO.
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Bonus Upon Consummation of the IPO. Upon the closing of an initial public offering of the Company’s Common Stock (an “IPO”), the Executive shall receive a bonus payout in an amount of $42,000 70,000 (the “IPO Bonus”), which IPO Bonus shall be payable in a lump sum, less required taxes and deductions, within thirty (30) days of the IPO.
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