Common use of Sign-On Bonus Clause in Contracts

Sign-On Bonus. Executive will be eligible to receive a sign-on bonus of 150,000.00 less applicable payroll deductions and withholdings (the “Sign-On Bonus”). Executive will earn the Sign-On Bonus only if remain continuously employed with the Company through the one-year anniversary of the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonus.

Appears in 1 contract

Samples: Employment Agreement (Bionano Genomics, Inc.)

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Sign-On Bonus. Upon Executive's commencement of employment pursuant to Section 1 hereunder, the Company shall pay the Executive will be eligible to receive a sign-on bonus of 150,000.00 less applicable payroll deductions and withholdings Fifty Thousand Dollars (the “Sign-On Bonus”$50,000 United States dollars). In the event that the Executive will earn the Sign-On Bonus only if remain continuously employed with the Company through the one-year anniversary terminates his employment for any reason within nine (9) months of the Start Date set forth above. Date, the Executive will receive payment of shall repay to the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay Company the entire net amount of sign-on bonus and agrees that such repayment may be set off against any money owed to the Sign-On BonusExecutive at the time his employment terminates.

Appears in 1 contract

Samples: Agreement (Antigenics Inc /De/)

Sign-On Bonus. The Company paid Executive will be eligible to receive a cash sign-on bonus in the amount of 150,000.00 less applicable payroll deductions and withholdings $300,000 (the “Sign-On Bonus”). ; provided, that in the event that Executive’s employment is terminated by the Company for Cause (as defined below), or as a result of Executive’s voluntary resignation without Good Reason (as defined below), prior to July 22, 2022, Executive will earn shall forfeit any right to the Sign-On Bonus only if remain continuously employed with and Executive shall repay such amount to the Company through the one-year anniversary within 30 days of the Start Date set forth above. Executive will receive payment Executive’s termination of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonusemployment.

Appears in 1 contract

Samples: Employment Agreement (Vivint Smart Home, Inc.)

Sign-On Bonus. The Executive shall receive a $100,000.00 sign on bonus. This bonus will be eligible subject to receive a sign-on bonus of 150,000.00 less applicable payroll deductions and withholdings (the “Sign-On Bonus”). Executive will earn the Sign-On Bonus only if remain continuously employed with repayment to the Company through if the one-year anniversary of Executive terminates this contract for any reason within 12 months from the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonusdate hereof.

Appears in 1 contract

Samples: Employment Agreement (Unicorp Inc /New)

Sign-On Bonus. Executive will be eligible paid a Sign On Bonus in the amount of $650,000 to receive a be paid as soon as administratively possible following the Executive's date of hire. Should Executive voluntarily terminate employment with the Company without good reason within 24 months of the Executive's date of hire, the Executive will be obligated to repay 100% of the sign-on bonus of 150,000.00 less applicable payroll deductions and withholdings (the “Sign-On Bonus”). Executive will earn the Sign-On Bonus only if remain continuously employed with the Company through the one-year anniversary of the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonus.

Appears in 1 contract

Samples: Employment Agreement (Nationstar Mortgage Holdings Inc.)

Sign-On Bonus. The Executive will be eligible to shall receive a $70,000 sign-on bonus of 150,000.00 bonus, less applicable taxes, on the first payroll deductions and withholdings following the Effective Date, provided that, in the event that Executive resigns during the term of this Agreement without Good Reason (as defined herein) or is terminated by the “Sign-On Bonus”Company for Cause (as defined herein). , Executive will earn shall repay a prorated portion of the Sign-On Bonus only if remain continuously employed with to the Company through the one-year anniversary within ten (10) calendar days following Executive’s final day of the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonuswork.

Appears in 1 contract

Samples: Employment Agreement (Federal Home Loan Bank of Des Moines)

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Sign-On Bonus. Executive will shall be eligible entitled to receive a sign-on bonus of 150,000.00 less $30,000, subject to applicable payroll deductions withholdings, and withholdings (the “Sign-On Bonus”). Executive will earn the Sign-On Bonus only if remain continuously employed with the Company through the one-year anniversary of payable on or as soon as reasonably practicable following the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023Date. If Executive voluntarily departs resigns employment or is terminated by the Company, other than for Good ReasonCompany with Cause (as defined below) during the Initial Term, Executive agrees will be required to repay the entire net amount of the Signsign-On Bonuson bonus.

Appears in 1 contract

Samples: Employment Agreement (Ikonics Corp)

Sign-On Bonus. In 2012, Executive will be eligible to receive a sign-on signing bonus of 150,000.00 less applicable payroll deductions up to $225,000, (the precise amount to be determined by Executive in consultation with the Compensation Committee of the Board and withholdings the CEO) (the “Sign-On Bonus”). Executive will earn the Sign-On Bonus only ) less applicable withholding; provided, however, that if remain continuously employed with the Company through the one-year anniversary of the Start Date set forth above. Executive will receive payment of the Sign-On Bonus, in full, payable no later than the second payroll in September 2023. If Executive voluntarily departs the Company, resigns other than for Good ReasonReason or is terminated for Cause (both as defined herein) prior to the second anniversary of the Effective Date, Executive agrees will be obligated to repay the entire net gross amount of the Sign-On BonusBonus to the Company within thirty (30) days of his termination of employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (eHealth, Inc.)

Sign-On Bonus. Executive will be eligible to receive provided with a sign-on bonus of 150,000.00 less applicable payroll deductions and withholdings ($150,000. The sign-on bonus is subject to repayment in the “Sign-On Bonus”). event Executive will earn the Sign-On Bonus only if remain continuously employed voluntarily terminates her employment with the Company through without Good Reason (as defined below) or if the one-year anniversary of the Start Date set forth above. Executive will receive payment of the Sign-On BonusCompany terminates Executive’s employment for Cause (as defined below), in full, payable no later than either event within the second payroll in September 2023. If Executive voluntarily departs thirty-six (36) months of Executive’s employment with the Company, other than for Good Reason, Executive agrees to repay the entire net amount of the Sign-On Bonus.

Appears in 1 contract

Samples: Employment Agreement (Turning Point Therapeutics, Inc.)

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