Common use of IPO Bonus Clause in Contracts

IPO Bonus. If this Agreement becomes effective on the IPO Closing Date under Section 27, then Employee shall be paid a special one-time cash bonus equal to $100,000. If earned, such bonus shall be paid to Employee within thirty (30) days after the IPO Closing Date.

Appears in 2 contracts

Sources: Employment Agreement (BRP Group, Inc.), Employment Agreement (BRP Group, Inc.)