Common use of Sign-On Bonus Clause in Contracts

Sign-On Bonus. Executive shall be entitled to a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, 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.

Appears in 2 contracts

Samples: Employment Agreement (CG Oncology, Inc.), Employment Agreement (CG Oncology, Inc.)

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Sign-On Bonus. The Executive shall be entitled to receive a one-time signing sign-on bonus equal to in the amount of One Million Five Hundred Thousand Dollars ($50,000, less any taxable withholdings (1,500,000) payable in July 2021 and subject to the terms and conditions contained in the Amended and Restated Sign-On Bonus”), which will be paid not later than thirty (30) days following Bonus Agreement executed with the Effective DateCompany. If before the second anniversary of the Commencement Date the Executive voluntarily resigns for any reason or is involuntarily terminated for Cause or voluntarily leaves (as defined below), the Executive agrees to reimburse the Company without Good Reason prior to completing twentyfor the full amount received as a sign-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, on bonus within thirty (30) days following of the Executive’s last day of employment with the Company, 100% of the Sign-On Bonustermination date.

Appears in 1 contract

Samples: Executive Employment Agreement (L Brands, Inc.)

Sign-On Bonus. The Company shall pay the Executive shall be entitled to a one-time signing sign-on bonus equal to the amount of $50,00025,000, less any taxable applicable deductions and withholdings (the “Sign-On Bonus”), which will to be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day of after the Effective Date. The Executive agrees that if he terminates his employment for any reason or if the Company terminates his employment with Cause (as defined below), in each case prior to the Company, 100% one year anniversary of the Effective Date, he will repay the entire Sign-On BonusBonus within 30 days of the Date of Termination (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Magenta Therapeutics, Inc.)

Sign-On Bonus. The Company will pay Executive shall be entitled to a one-time signing sign on bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”)100,000 subject to tax deductions and withholdings, which will be paid not later than within thirty (30) days following of the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company terminates his employment without Good Reason prior to completing twenty-four (24) months or his employment is terminated by the Company for Cause within one year of service from the Effective Date, Executive shall will be required to repay to responsible for reimbursing the Company, Company for the total amount of this bonus within thirty (30) days following of the termination of Executive’s last day of employment with the Company, 100% of the Sign-On Bonusemployment.

Appears in 1 contract

Samples: Employment Agreement (Ocular Therapeutix, Inc)

Sign-On Bonus. Executive The Company shall be entitled to provide a one-time signing sign-on bonus equal to Executive in the amount of $50,000150,000, less any taxable withholdings applicable payroll deductions and withholdings, within ten (the “Sign-On Bonus”), which will be paid not later than thirty (3010) business days following of the Effective Date. If Executive is terminated for Cause or voluntarily leaves shall promptly repay the Company the total amount of the sign-on bonus if Executive resigns without Good Reason prior to completing twenty-four (24as defined below) months on or before January 1, 2024. Executive expressly agrees that the amount of service such repayment may be withheld from the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day final paycheck, or other amounts due to Executive at the time of employment with the Companyhis termination, 100% of the Sign-On Bonusand that Executive will sign additional documentation as needed to authorize to Company to withhold such amount.

Appears in 1 contract

Samples: Employment Agreement (Natures Sunshine Products Inc)

Sign-On Bonus. Executive shall be entitled to a one-time signing bonus equal to the amount of $50,00030,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, 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.

Appears in 1 contract

Samples: Employment Agreement (CG Oncology, Inc.)

Sign-On Bonus. The Company shall pay Executive shall be entitled to a one-time signing sign on bonus equal to the amount of $50,000, less any taxable withholdings (the Sign-Sign On Bonus”), which will be paid not later than ) of $100,000 within thirty (30) days following of the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company resigns without Good Reason prior to completing twenty-four (24as defined below) months or is terminated by the Company for Cause (as defined below) before the one year anniversary of service from the Effective Date, then Executive shall be required to repay the Sign On Bonus to the Company, Company within thirty (30) days following Executive’s last day of employment with after the Company, 100% of the Sign-On BonusTermination Date.

Appears in 1 contract

Samples: Employment Agreement (Harbinger Group Inc.)

Sign-On Bonus. In connection with commencing employment with the Company, the Executive shall be entitled eligible to receive a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings 84,000 (the “Sign-On Bonus”), which will with such Sign-On Bonus to be paid not later than thirty (30) within 30 days of the Effective Date. In the event that the Executive’s employment is terminated by the Company for Cause or by the Executive for any reason, in each case prior to the date that is 18 months following the Effective Date. If Executive is terminated for Cause or voluntarily leaves , the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, 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 BonusBonus (gross of any required withholding) no more than 10 days following the Termination Date (as defined below).

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Sign-On Bonus. Pursuant to the Prior Agreement, Executive shall be entitled to was paid a one-time signing bonus equal to the amount of $50,000125,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four twelve (2412) months of service from the Effective DateExecutive’s start date, 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.

Appears in 1 contract

Samples: Separation Agreement and Release (CG Oncology, Inc.)

Sign-On Bonus. Within thirty days of the Effective Date, Executive shall be entitled to will receive a one-time signing bonus equal to the amount of $50,000, less any taxable usual, required withholdings (the “Sign-On on Bonus”), which . Executive will be paid not later than thirty (30) days following required to refund the Effective Date. If Executive is terminated for Cause or voluntarily leaves Sign-on Bonus to the Company without Good Reason prior to completing twenty-four (24) if, within the first six months of service from following the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following voluntarily resigns from his position or Executive’s last day of employment with the Company, 100% of the Sign-On Bonusis terminated for Cause.

Appears in 1 contract

Samples: Employment Agreement (Lattice Semiconductor Corp)

Sign-On Bonus. Executive Additionally, within 30 days from the Effective Date, the Company shall be entitled to pay a one-time signing bonus equal to in the amount of $50,000, less any taxable withholdings 125,000 (the “Sign-On on Bonus”), which will be paid not later than thirty (30) days following . In the event that Executive resigns his employment within 12 months from the Effective Date. If Date (other than for Good Reason) or if Executive is terminated removed for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) within 12 months of service from the Effective Date, then Executive shall be required to repay a ratable portion of the Sign-on Bonus equal to the Companyshortfall of such initial one-year service period (e.g., within thirty (30) days following Executive’s last day of employment with the Companyif resigning without Good Reason after 10 months, 100then repaying 16.7% of the Sign-On on Bonus).

Appears in 1 contract

Samples: Employment Agreement (Atossa Therapeutics, Inc.)

Sign-On Bonus. The Company shall pay Executive shall be entitled to a one-time signing sign-on bonus equal to $18,750.00 minus all applicable taxes and withholdings, within thirty (30) days of the amount Start Date. Should Executive be terminated for Cause (as defined in Section 5.4 (a)) or resign Executive’s employment (as defined in Section 5.4 (b)) within twelve (12) months of $50,000the Start Date, less any taxable withholdings (then Executive shall be required to repay Company the “Signsign-On Bonus”), which will be paid not later than on bonus in full within thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four Separation Date (24) months of service from the Effective Date, 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 Bonusas defined in Section 5.2).

Appears in 1 contract

Samples: Employment Agreement (AveXis, Inc.)

Sign-On Bonus. The Company shall pay Executive shall be entitled to a one-time signing sign-on bonus equal to the amount of $50,000, less any taxable withholdings 50,000 (the “Sign-On Bonus”), which will be paid not later than ) within thirty (30) calendar days following of the Effective Date, less all required tax withholdings and other applicable deductions. Executive will earn and be permitted to retain the full amount of the Sign-On Bonus if Executive remains in Employment on the one (1) year anniversary of the Effective Date. If Executive voluntarily resigns from the Company or is terminated by the Company for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Datebefore such time, Executive shall will be required to repay to return the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% prorated net after-tax amount of the Sign-On BonusBonus to the Company within 60 days.

Appears in 1 contract

Samples: Employment Agreement (NXT-Id, Inc.)

Sign-On Bonus. The Company will pay the Executive shall be entitled to a onean additional sign-time signing on bonus equal to the amount of $50,000, less any taxable withholdings 75,000 in cash (the “Sign-On on Bonus”), which will be paid not later than thirty (30) within 30 days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, less all required or authorized tax and other withholdings. If the Executive shall be required resigns other than for Good Reason (as defined below) on or prior to February 16, 2011 he will repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% of the Sign-On Bonuson Bonus to the Company within 30 days of such termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Princeton Review Inc)

Sign-On Bonus. Executive shall be entitled to receive a one-time signing sign on bonus equal to the amount of $50,000, less any taxable withholdings 100,000.00 (the “Sign-Sign On Bonus”), which will . This payment shall be paid not later than thirty (30) days following the Effective Datesubject to legally required tax withholdings. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) agrees that if she terminates her employment within 12 months of service from the Effective Date, for any reason, and regardless of whether Executive has Good Reason (as defined in this Agreement) to terminate her employment, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day of employment entire Sign On Bonus in accordance with the Company, 100% of the Sign-On Bonus’s policies then in effect concerning such bonuses.

Appears in 1 contract

Samples: Employment Agreement (Blueprint Medicines Corp)

Sign-On Bonus. The Executive shall be entitled to received a one-time signing sign-on bonus equal to in the amount of $50,000, less any taxable withholdings 15,000 (the “Sign-On Bonus”) on October 30, 2020. Should the Executive voluntarily resign for any reason or if the Executive’s employment with the Company is terminated by the Company for Cause (as defined below), which in either case during the twelve (12) month period following October 18, 2020, the Executive will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to reimburse the Company, Company the full amount of the Sign-On Bonus within thirty (30) days following Executive’s last day of employment with the Company, 100% such termination of the Sign-On Bonusemployment.

Appears in 1 contract

Samples: Employment Agreement (Hayward Holdings, Inc.)

Sign-On Bonus. Upon his entering into this Agreement, the Executive shall be entitled to receive a onesign-time signing on bonus equal to the amount of $50,000150,000, less any taxable withholdings payable on or within thirty (30) days after the Effective Date (the “Sign-On Bonus”); provided, which will be paid not later than thirty (30) days following however, that in the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) event that, at any time within 12 months of service from after the Effective Date, the Executive’s employment is terminated by the Company for Cause or by the Executive other than for Good Reason, the Executive shall be required to immediately repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% amount of the Sign-On BonusBonus to the Company in full.

Appears in 1 contract

Samples: Employment Agreement (Exar Corp)

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Sign-On Bonus. Executive shall be entitled to a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than Within thirty (30) days of the Effective Date, if Executive is then still employed by the Company, the Company shall pay to Executive a sign-on cash bonus of $100,000. Executive hereby agrees to repay the aforesaid sign-on bonus to the Company in full if, within the one-year period following the Effective Date. If , either Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following Executive’s last day of terminates his employment with the Company, 100% of Company or the Sign-On BonusCompany terminates Executive’s employment for Cause.

Appears in 1 contract

Samples: Employment Agreement (TJX Companies Inc /De/)

Sign-On Bonus. Executive shall be entitled to a one-time signing sign on bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, 75,000 payable in a lump sum within thirty (30) days following of the Effective Date, which must be repaid to the Corporation on a pro-rated basis if Executive resigns or is terminated for Cause (as defined in Section 4.1.2 hereof) during the Reimbursement Period. The obligation to repay the sign on bonus will be based upon the number of months of the Reimbursement Period remaining as of the date of Executive’s last day termination of employment with the Company, 100% of the Sign-On Bonusand Executive specifically agrees that such repayment may be deducted from any amounts owed to Executive.

Appears in 1 contract

Samples: Employment Agreement (Wellcare Health Plans, Inc.)

Sign-On Bonus. The Executive shall be entitled to receive a onesign-time signing on bonus equal to in the amount of $50,00030,000, less any taxable applicable tax withholdings (the “Sign-On Bonus”), which will . The Sign-On Bonus shall be paid not later than thirty (30) within 30 days following the Effective Date, subject to the Executive’s employment through such payment date. If Executive In the event that the Executive’s employment is terminated by the Company for Cause (as defined below) or voluntarily leaves by the Company Executive without Good Reason prior to completing twenty-four (24as defined below) within 12 months of service from following the Effective Date, the Executive shall be required agrees to repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% of Company the Sign-On BonusBonus within 30 days of such termination.

Appears in 1 contract

Samples: Employment Agreement (Neos Therapeutics, Inc.)

Sign-On Bonus. Pursuant to the Prior Agreement, Executive shall be entitled to was paid a one-time signing bonus equal to the amount of $50,000, less any taxable withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective DateAugust 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.

Appears in 1 contract

Samples: Separation Agreement and Release (CG Oncology, Inc.)

Sign-On Bonus. Company will pay Executive shall be entitled to a one-time signing sign-on bonus equal to the amount of One Hundred Fifty Thousand Dollars ($50,000150,000), less any taxable withholdings all applicable taxes and withholdings, payable on the Effective Date of this Agreement (the “Sign-On Bonus”). Executive agrees that if Executive fails to begin work for Company pursuant to this Agreement, which will be paid not later than thirty (30) days following or voluntarily resigns Executive’s employment with Company within the Effective Date. If Executive first year of service or is terminated for Cause or voluntarily leaves by Company within the Company without Good Reason prior to completing twenty-four (24) months first year of service from the Effective Dateservice, Executive shall be required to will repay to the Company, within thirty (30) days following Executive’s last day of employment with the Company, 100% Company a prorated portion of the Sign-On BonusBonus (based on months of completed service) within 30 days after Executive’s termination date.

Appears in 1 contract

Samples: Executive Employment Agreement (Provide Commerce Inc)

Sign-On Bonus. Within 30 days of the Effective Date, Executive shall be entitled to will receive a one-time signing bonus equal to the amount of $50,000, less any taxable usual, required withholdings (the “Sign-On BonusON bonus”), which . Executive will be paid not later than thirty (30) days required to refund the Sign-On Bonus to the Company, if, within the first six months following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following voluntarily resigns from his position or Executive’s last day of employment with the Company, 100% of the Sign-On Bonusis terminated for Cause.

Appears in 1 contract

Samples: Employment Agreement (Lattice Semiconductor Corp)

Sign-On Bonus. Executive shall be entitled to receive a one-time cash signing bonus equal to in the amount of $50,000, less any taxable withholdings subject to taxes and applicable withholdings, payable within the first sixty (the “Sign-On Bonus”), which will be paid not later than thirty (3060) days following the Effective Datehire date. If Executive voluntarily terminates employment with the Company, without Good Reason, or if the Executive is terminated for Cause or voluntarily leaves by the Company without Good Reason prior to completing twenty-four for Cause, as defined below, within twelve (2412) months of service from receiving the Effective Datecash signing bonus, the Executive shall be required agrees to repay to reimburse the Company, Company 100% of the cash signing bonus within thirty (30) days following Executive’s last day of employment with the Company, 100% of the Sign-On Bonuseffective date of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Rosetta Stone Inc)

Sign-On Bonus. The Company agrees to pay Executive shall be entitled to a one-time lump sum cash signing bonus equal to in the amount of $50,00075,000, less any taxable withholdings (the “Sign-On Signing Bonus”), which will be paid not later than less payroll deductions and withholdings, within thirty (30) days following of the Effective Commencement Date. If Executive is terminated for Cause or voluntarily leaves Executive’s service with the Company without ceases due to a termination with Cause, or Executive’s resignation other than for Good Reason prior to completing twenty-four at any time within the first twelve (2412) months of service from following the Effective Commencement Date, Executive shall be required to repay the Signing Bonus to the Company, Company within thirty (30) days following Executive’s last day of employment with the Company, 100% of the Sign-On Bonussuch termination.

Appears in 1 contract

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc)

Sign-On Bonus. Within thirty (30) days of the Effective Date, the Company will pay Executive shall be entitled to a onesign-time signing on bonus equal to the amount of $50,000, less any taxable withholdings 50,000 (the “Sign-On on Bonus”), which will be paid not later than thirty (30) days following . In the Effective Date. If Executive is terminated event of Executive’s termination by the Company for Cause or voluntarily leaves the Company resignation without Good Reason prior to completing twenty-four within twelve (2412) months of service from the Effective Date, Executive shall be required to must repay to the Company, within thirty (30) days following Executive’s last day of employment with Company the Company, 100% net after-tax amount of the Sign-On Bonuson Bonus within sixty (60) days of such termination of employment.

Appears in 1 contract

Samples: Employment Agreement With (Alimera Sciences Inc)

Sign-On Bonus. The Company will pay the Executive shall be entitled to a one-time signing sign-on bonus equal to the amount of $50,000500,000, less any taxable applicable deductions and withholdings (the “Sign-On Bonus”), which will be paid not later than thirty (30) days following the Effective Date. If Executive is terminated for Cause or voluntarily leaves the Company without Good Reason prior to completing twenty-four (24) months of service from the Effective Date, Executive shall be required to repay to the Company, within thirty (30) days following of the Start Date. If the Executive’s last day of employment with the Company, 100% ends within twelve (12) months of the Start Date because the Executive resigns without Good Reason or because the Company terminates the Executive’s employment for Cause, the Executive agrees to repay the Company the entire Sign-On BonusBonus within thirty (30) days of the Date of Termination (all capitalized terms as defined herein).

Appears in 1 contract

Samples: Employment Agreement (Butterfly Network, Inc.)

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