Sign-On Bonus Clause Samples
A Sign-On Bonus clause outlines the terms under which an employee receives a one-time payment upon joining a company. Typically, this clause specifies the bonus amount, the timing of payment (such as after the first paycheck or upon completion of a probationary period), and any conditions that must be met, like remaining employed for a certain period. Its core function is to incentivize candidates to accept a job offer and to provide immediate financial reward, while also protecting the employer by setting conditions that discourage early resignation.
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Sign-On Bonus. Executive shall receive a one-time sign-on bonus of $1,000,000 in cash (the “Sign-on Bonus”), payable within 15 days following the Start Date. Executive agrees to reimburse the Company for the Sign-on Bonus if the Company terminates Executive’s employment for Cause or Executive resigns without Good Reason within the 12-month period following the Start Date.
Sign-On Bonus. Pursuant to the Prior Agreement, Executive was paid a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”). If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from August 14, 2023, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% of the Sign-On Bonus.
Sign-On Bonus. The Company shall pay Executive a one-time sign-on bonus of $25,000, payable with Executive’s first paycheck from the Company.
Sign-On Bonus. The Company will pay Employee a one-time bonus of $75,000 in cash within thirty (30) days of the Effective Date in accordance with the terms of a separate sign-on bonus agreement to be entered into simultaneously with this Agreement.
Sign-On Bonus. You will receive a sign on bonus of $35,000, to be paid within 30 days from the commencement of your employment. Please note all applicable taxes and withholdings will apply to this bonus start payment. If you voluntarily terminate employment with the Company within twelve (12) months of your start date, you will be obligated to repay the Company the full amount of the sign on bonus.
Sign-On Bonus. The Executive acknowledges that the Executive received a sign-on bonus equal to one hundred thousand dollars ($100,000) under the Prior Employment Agreement (the “Sign-On Bonus”) and agrees that no further payment of the Sign-On Bonus is owed to the Executive.
Sign-On Bonus. As an inducement for Executive to accept continued employment with the Company and to enter into this Agreement, Executive shall receive a bonus (the "Sign-On Bonus") in the amount of $125,000. The Sign-On Bonus shall be paid to Executive as soon as practicable following the Effective Date.
Sign-On Bonus. The Executive shall receive a one-time sign-on bonus of $100,000 (the “Sign-on Bonus”) (less applicable withholding taxes) which shall be paid in lump sum within 30 days of the Effective Date.
Sign-On Bonus. Within thirty (30) days after the Start Date, the Company will pay Executive a one-time start bonus of $10,000, less payroll deductions and all required withholdings. The net amount of this bonus must be repaid to the Company by Executive if Executive resigns from employment with the Company without Good Reason within one (1) year after the Start Date.
Sign-On Bonus. The Company will, within ten (10) calendar days of first day of Executive's employment with the Company, pay Executive a cash bonus of 8,943.13 CAD, less applicable and authorized taxes, deductions and withholdings, as a sign-on bonus.