Common use of Joining Bonus Clause in Contracts

Joining Bonus. The Company shall, at its sole discretion, be entitled to offer the Employees a joining bonus at the time of joining (“Joining Bonus”), which is solely conditional on the performance of the Employee as well as the Employee’s commitment to remain employed with the Company for a minimum period of 12 months from the date of joining. In the event, that for any reason whatsoever, the Employee ceases to be an employee of the Company at any time prior to the expiry of 12 months from the date of joining, the Company shall be entitled to a full refund of the Joining Bonus payable by the Employee, including the right to deduct from the