Common use of Relocation Bonus Clause in Contracts

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.

Appears in 2 contracts

Sources: Employment Agreement (Systemax Inc), Employment Agreement (Systemax Inc)