Common use of IPO Bonus Clause in Contracts

IPO Bonus. The Company shall pay the Executive a lump sum cash bonus equal to ten thousand U.S. dollars (U.S. $10,000), less applicable payroll deductions and tax withholdings, within five (5) business days of the closing date of the IPO, provided that the Executive is still employed by any of the Companies on the closing date of the IPO.

IPO Bonus. The Company shall pay the Executive a lump sum cash bonus equal to ten thirty thousand U.S. dollars (U.S. $10,00030,000), less applicable payroll deductions and tax withholdings, within five (5) business days of the closing date of the IPO, provided that the Executive is still employed by any of the Companies on the closing date of the IPO.

IPO Bonus. The Company shall pay the Executive a lump sum cash bonus equal to ten fifty thousand U.S. dollars (U.S. $10,00050,000), less applicable payroll deductions and tax withholdings, within five (5) business days of the closing date of the IPO, provided that the Executive is still employed by any of the Companies on the closing date of the IPO.