Relocation Bonus Sample Clauses

Relocation Bonus. The Company agrees to reimburse the Executive for reasonable and customary expenses that the Executive incurs through the twenty-fourth month anniversary of the Commencement Date, in an amount up to $35,000, if Executive elects to relocate to Florida and upon presentation of receipts associated with Executive’s relocation to Florida.

Relocation Bonus. PL1 s and incoming transfers shall receive a gross relocation bonus of $2,400.00 within two weeks following their start date.

Relocation Bonus. Company shall pay Executive a relocation payment of one hundred thousand dollars ($100,000) within one month after the Commencement Date. In the event of Termination by Executive within 12 months after the Commencement Date, a prorated portion of the Relocation Bonus shall be repaid to the company reflecting the remaining portion of the first 12 months of service.

Relocation Bonus. Upon relocation to Orange County, California, the Company shall pay Executive a relocation bonus of Five Thousand Dollars ($5,000.00) (the "Relocation Bonus").

Relocation Bonus. In addition, you will receive a cash relocation bonus of $125,000 to help with relocation costs. The relocation bonus is taxable, and all federal, state and local required payroll deductions will be withheld. If you resign from the Company for any reason within eighteen (18) months of your Start Date, other than due to a Change in Control (as defined in the Company’s Equity Incentive Plan) or due to Good Reason, you shall be obligated to repay such relocation bonus to the Company. In addition, to the extent that your current employer pays to repatriate you to the United States, you will not be eligible to receive this relocation bonus.

Relocation Bonus. You shall be entitled to a one-time cash relocation bonus of Three Hundred Thousand Dollars ($300,000) payable within 30 days of the relocation of your primary residence to Miami, Florida (the “Relocation Bonus”), subject to tax withholding, and subject to the last two sentences of Section 2(k) hereof.

Relocation Bonus. In consideration of Executive’s agreement to relocate to First Busey’s headquarters in Leawood, Kansas, Employer shall cause Executive to be paid a one-time relocation assistance payment of four hundred thousand dollars ($400,000.00) (the “Relocation Bonus” and collectively with the Signing Bonus, the “Initial Bonuses”). The Relocation Bonus will be payable to Executive in a lump sum, less all applicable withholdings and deductions, on the Initial Bonus Payment Date, subject to Executive’s continued employment through the Initial Bonus Payment Date, in accordance with the terms hereof, and subject to the repayment obligations set forth in Section 13. (g)

Relocation Bonus. The Company will pay Executive a one-time relocation bonus in the gross amount of $75,000, plus a one-time gross up of this bonus amount for tax purposes (the bonus plus the gross-up, the “Relocation Bonus”). If during the Initial Term, Executive (i) is Discharged for Cause or (ii) resigns his employment under circumstances that are not a Termination for Good Reason, then Executive will be obligated to repay the entire Relocation Bonus and, by Executive’s signature below, Executive authorizes the Company to withhold the amount due, in whole or in part, from any final wages, compensation, bonus, accrued vacation, or other payment due to Executive upon termination.

Relocation Bonus. The Company shall pay the Executive two hundred forty four thousand dollars ($244,000), payable in 12 monthly installments and subject to regular deductions and withholdings as required by law, with such monthly installments to commence within thirty days of his execution of this Agreement. If the Executive’s house located at ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Palm Coast, FL 32137 (the “Property”) has not been sold by the first anniversary of this Agreement, the Company shall pay the Executive fifteen thousand four hundred sixteen dollars and sixty six cents ($15,416.66) each month thereafter, for a period not to exceed twelve (12) months, if during such month the Executive has not sold the Property, subject to regular deductions and withholdings as required by law. The Executive shall not be eligible for any Annual Cash Incentive for a period as to which he receives a Relocation Bonus.