New Hire Bonus. Full-time, non-exempt employees hired on or after July 1, 2007 shall be eligible to receive a $1,000 new hire bonus upon completion of training. No individual employee may receive more than one such payment.
New Hire Bonus. Executive shall also receive a $150,000 cash new hire bonus (“New Hire Bonus”) to be paid within ninety (90) days of the effective date of this Agreement. In the event that the Executive terminates the Agreement within twelve (12) months of its effective date, the Executive shall be required to immediately reimburse Xxxxxx for the gross amount of the New Hire Bonus received.
New Hire Bonus. Executive shall receive a hiring bonus in the amount of $100,000. The hiring bonus will be paid to you in advance, within 30 days from the start of your employment. You will fully earn the hiring bonus by remaining actively employed by the Company for a period of one (1) year. You agree and understand that that if you choose to terminate your employment at any time before the first anniversary of your start date, or if your employment is terminated for “Cause,” as defined in this document, within the first year of your employment, you will be required to repay to the Company one hundred percent (100%) of the hiring bonus advanced to you.
New Hire Bonus. Following the hiring of the Employee, the Employee will receive a New Hire Bonus amount of 300’000 CHF. Payments are not based on achievement of performance goals but are linked to the recruitment. This bonus will be paid in 2 equal installments: the first one within three months on the regular payroll payment date following the hiring date; the second one within six months on the regular payroll payment date following the hiring date. Employee must be employed by the Company at the payment date to be eligible for payment. Any bonus payment shall be considered as a gratification whose amount is determined by the Employer. The granting of a bonus in any given year even repeated during several years shall not create a precedent for any subsequent years, regardless of the amounts that might have been paid. The Employee can in no event lay claim to a bonus that has not yet been granted.
New Hire Bonus. Employee will be entitled to receive a New Hire Bonus in the amount of One Hundred Thousand Dollars ($100,000.00) payable within 15 days of the Employment Date. This bonus is being paid at this time although it is not earned until the completion of two years of service. If Employee voluntarily resigns his employment prior to the second anniversary of the Employment Date, Employee will be required to repay this bonus as of his last day of employment.
New Hire Bonus. On the first day of the Employment Period, the Executive will earn the right to be paid one million five hundred thousand dollars ($1,500,000), less all appropriate and necessary withholdings and deductions, which payment will be paid within five (5) days of it being earned.
New Hire Bonus. Upon the successful completion of the applicable probationary period, each new hire shall receive a bonus in the gross sum of five hundred dollars ($500.00).
