Signing and Retention Bonus. The City, at its sole discretion, has the option of providing signing or retention bonuses, up to a maximum of 5.25% of salary, for any classification for which the City is experiencing difficulty in recruiting or retaining. This additional funding will not be included in the salary survey. The City will notify the BMA prior to application of this Section to any specific position.
Signing and Retention Bonus. The Company shall pay to Executive a bonus of $250,000, which shall be payable in a lump sum as soon as reasonably practicable following the Effective Date. In the event that Executive’s employment is terminated for Cause (as defined below) or if Executive resigns from the Company without Good Reason (as defined below) prior to the first anniversary of the Effective Date, Executive agrees to reimburse the Company for such bonus; provided however, that the amount of the reimbursed bonus to the Company shall be reduced by $20,834 (1/12th of the total bonus) for each complete month of Executive’s employment with the Company, calculated from the Effective Date. Executive hereby agrees that the Company may deduct such bonus reimbursement from any or all payments due to Executive from the Company, including from his last paycheck (to the extent legally permissible), and Executive agrees to provide the Company with any further written authorization of the deduction as may be reasonably requested by the Company to authorize, facilitate or substantiate such deduction.
Signing and Retention Bonus. The Company will provide the Executive a Signing and Retention Bonus in the gross amount of five hundred thousand dollars ($500,000) (the “Signing and Retention Bonus”), which will be paid by the Company no later than thirty (30) days following the Effective Date. The Signing and Retention Bonus is taxable, and all regular payroll taxes will be withheld. The Signing and Retention Bonus shall not be fully earned until the Executive remains employed with the Company for a period of thirty-six (36) months from the Effective Date.
Signing and Retention Bonus. Subject to the provisions of Section 5, the Company shall pay the Executive (i) a signing bonus of Twenty-five Thousand Dollars ($25,000) on the first regular pay period following the Effective Date and (ii) a retention bonus of Twenty-five Thousand Dollars ($25,000) on the first regular pay period following the first anniversary of the Effective Date.
Signing and Retention Bonus. 2.3.1 Executive will be eligible for a signing and retention bonus in the amount of $100,000, less standard payroll deductions and withholdings, to be paid to Executive within thirty (30) days of the Start Date (the “Signing Bonus”). This Signing Bonus is an advance and is being paid to Executive prior to being earned by Executive.
Signing and Retention Bonus. Upon the execution of this agreement, the Executive is entitled to a one-time signing bonus of 150,000 shares of Company common stock, which shall vest in their entirety on issuance.
Signing and Retention Bonus. Employee shall receive two installment bonus payments as follows: (i) $85,000.00 on the first regular payroll date following Employee’s commencement of employment under this Agreement; and (ii) $106,400.00 in March 2022 no later than March 31, 2022. Employee must be fully and actively employed, and not otherwise have noticed termination of his employment and/or this Agreement for any reason, as the date of each such installment payment to be eligible for such payment. Payments under this Section shall be less such deductions as are required by law or that Employee may elect in accordance with Company policy and procedure.
Signing and Retention Bonus. Provided that Executive continues to be employed by the Company at the dates established hereafter in this section for payment, he shall be paid a bonus of Seventy-five thousand and 00/100 dollars ($75,000) on April 1, 2007 and Seventy-five thousand and 00/100 dollars ($75,000) on April 1, 2008.
Signing and Retention Bonus. Effective the beginning of the pay period containing July 1, 2022, the City, at its sole discretion, has the option of providing signing or retention bonuses, up to a maximum of 8% of base salary, for any classification for which the City is experiencing difficulty in recruiting or retaining. Further, the City has the option of providing a signing or retention bonus for the classification of Manager Electrical Distribution up to the maximum retention bonus percentage granted in the IBEW MOU. This additional funding will not be included in the salary survey. The City will notify the BMA prior to application of this Section to any specific position.
Signing and Retention Bonus. As an incentive to encourage you to become employed with Draxis, and to remain employed with Draxis, you were paid the gross amount of $20,000 ("Retention Bonus"). You expressly agree to fully repay to Draxis the total amount of $20,000 in the event that you resign, retire or are terminated with cause prior to August 1, 2000. By executing this Agreement, in the event that you resign, retire or are terminated for cause on or prior to August 1, 2000, you hereby authorize Draxis to deduct $20,000 (or a portion thereof), from any outstanding amounts which Draxis may owe to you at the time of your resignation, retirement or termination for cause. Xxx Xxxxxxx April 15, 1999
