Common use of Signing Bonus Clause in Contracts

Signing Bonus. Upon execution of this Agreement and within 10 days after the Effective Date, Company shall pay Employee a one-time signing bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or termination through the end of the first year of the Term.

Appears in 3 contracts

Samples: Settlement and Release Agreement (Ticketmaster), Settlement and Release Agreement (Ticketmaster), Settlement and Release Agreement (Ticketmaster)

AutoNDA by SimpleDocs

Signing Bonus. Upon Within thirty days after the execution of this Agreement and within 10 days after Agreement, the Effective Date, Company shall pay to Employee a one-time signing bonus in the amount of $150,00010,000 (the "Signing Bonus"). In Employee shall repay to the event Company the Signing Bonus if Employee resigns without Good Reason or is terminated by the Company for Cause (as hereinafter defined) during the Term or voluntarily resigns her employment hereunder during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar twelve months from the date of such resignation or termination through the end of the first year of the Term.

Appears in 3 contracts

Samples: Employment Agreement (Atlantic Technology Ventures Inc), Employment Agreement (Atlantic Technology Ventures Inc), Employment Agreement (Atlantic Technology Ventures Inc)

Signing Bonus. Upon Employee shall receive a bonus of $40,000.00 upon the execution of this Agreement and within 10 days after the Effective Date, related Company shall pay agreements. Employee a one-time signing agrees to refund this bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount event that he terminates his employment with the Company within 12 months of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or this Agreement (other than a termination through the end of the first year of the Termfor Good Reason, as defined below).

Appears in 3 contracts

Samples: Employment Agreement (Control4 Corp), Employment Agreement (Control4 Corp), Employment Agreement (Control4 Corp)

Signing Bonus. Upon execution commencement of this Agreement and within 10 days after the Effective DateEmployee's employment with the Company, the Company shall pay the Employee a one-time signing bonus in the amount of $150,000. In 250,000 (the "Signing Bonus"); provided, however, in the event that the employment of the Employee resigns without Good Reason or is terminated for Cause during with the first Company shall terminate within one year of the Termcommencement of the Employee's employment under this Agreement, other than by reason of a termination by the Company pursuant to Section 6.4 of this Agreement, the Employee shall refund repay the Signing Bonus to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date of immediately upon such resignation or termination through the end of the first year of the Termtermination.

Appears in 2 contracts

Samples: Employment Agreement (Norton McNaughton Inc), Employment Agreement (Norton McNaughton Inc)

Signing Bonus. Upon execution of this Agreement and within 10 days after the Effective Date, The Company shall pay Employee, as a signing bonus, $10,000 within thirty (30) days after Employee a one-time signing bonus in executes this Agreement (the amount of $150,000"Signing Bonus"). In the event If Employee resigns without Good Reason or is terminated for Cause during the first year of the Termterminates this Agreement earlier than January 10, 2002, Employee shall refund to pay the Company a prorated portion Company, as repayment of the signing bonusSigning Bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date 10,000 within fifteen (15) days of such resignation or termination through the end of the first year of the Termtermination.

Appears in 1 contract

Samples: Employment Agreement (Printware Inc)

Signing Bonus. Upon execution of this Agreement and within 10 Within ten (10) days after following the Effective Date, the Company shall pay Employee a one-time signing bonus in the amount of $150,000250,000, less applicable taxes and other withholdings (the “Signing Bonus”). In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonusacknowledges and agrees that, in the event Employee’s employment is terminated on or prior to the first anniversary of the Effective Date pursuant to Sections 7(a) or 7(e) below, then Employee will repay the Company the full amount of $12,500.00 multiplied by the number of whole calendar months from Signing Bonus, which repayment shall occur no later than sixty (60) days following the date of such resignation or termination through the end of the first year of the TermTermination Date (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Roan Resources, Inc.)

Signing Bonus. Upon execution of this Agreement and within 10 days after the Effective Date, The Company shall pay Employee a one-time $20,000 signing bonus in (the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year “Signing Bonus”) to be paid within seven (7) days of the Term, execution of this Agreement by both parties. Employee shall refund agrees to repay the Company a prorated portion the Signing Bonus immediately if the Employee terminates his employment with the Company within twelve (12) months following the Effective Date of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or termination through the end of the first year of the Termhis Employment.

Appears in 1 contract

Samples: Oscar McArthur Employment Agreement (Icx Technologies Inc)

Signing Bonus. Upon The Employee shall be paid a signing bonus of $25,000 (the "Signing Bonus") as soon as practicable after the execution of this Agreement and within 10 days after Agreement. One-twelvth (1/12) of the Effective Date, Company Signing Bonus shall pay Employee a one-time signing bonus in vest at the amount end of $150,000each succeeding month following execution of this Agreement. In If the event Employee resigns without Good Reason or is terminated for Cause during prior to the first year anniversary of the Termexecution of this Agreement, Employee he shall refund to return the Company a prorated then-unvested portion of the signing bonus, in Signing Bonus to the amount of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or termination through the end of the first year of the TermCompany.

Appears in 1 contract

Samples: Employment Agreement (Imax Corp)

AutoNDA by SimpleDocs

Signing Bonus. Upon Within five business days of the execution of this Agreement and Agreement, the Company shall pay the Employee a signing bonus of $225,000 (the “Signing Bonus”), which shall be subject to repayment if Employee terminates his employment with the Company within 10 days after 12 months of the Effective Date, Company shall pay Employee a one-time signing bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or termination through the end of the first year of the Term.

Appears in 1 contract

Samples: Ion Media Networks Inc.

Signing Bonus. Upon execution of this Agreement and within 10 days after On the Effective Date, the Company shall pay award Employee a one-time signing bonus in the amount of $150,000200,000 (the "Signing Bonus"). In the event that Employee resigns without terminates his employment with the Company prior to the expiration of the Employment Period, other than for Good Reason or is terminated for Cause during the first year of the Term(as defined below), Employee shall refund repay to the Company a prorated portion Company, within sixty (60) days of the signing bonusdate of termination, in the amount of $12,500.00 multiplied by the number Signing Bonus as is proportionate to the period of whole calendar months from time remaining in the date of such resignation or termination through the end of the first year of the TermEmployment Period.

Appears in 1 contract

Samples: Employment Agreement (Avista Corp)

Signing Bonus. Upon execution Within ten (10) days after the date of this Agreement and within 10 days after the Effective Date, Company shall pay to Employee a one-time signing bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from the date of such resignation or termination through the end of the first year of the Term20,000.

Appears in 1 contract

Samples: Employment Agreement (Imall Inc)

Signing Bonus. Upon execution of this Agreement and within 10 days after the Effective Date, The Company shall pay the Employee a one-time signing bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year 35,000 within 10 days of the Term, Commencement Date. This amount shall be repayable by the Employee shall refund to the Company a prorated portion in the event that the Employee’s employment by the Company pursuant to this Agreement is terminated at the election of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months Employee within one year or less from the date of such resignation or termination through the end of the first year of the TermCommencement Date.

Appears in 1 contract

Samples: Employment Agreement (CTC Media, Inc.)

Signing Bonus. Upon execution In consideration of the Employee’s contributions to the Company through the date of this Agreement and within 10 days after Agreement, the Effective Date, Company shall pay Employee a one-time signing Employee, in cash, an additional bonus in the amount of $150,000. In the event Employee resigns without Good Reason or is terminated for Cause during the first year of the Term, Employee shall refund to the Company a prorated portion of the signing bonus, in the amount of $12,500.00 multiplied by the number of whole calendar months from 250,000 within 30 days following the date of such resignation or termination through the end of the first year of the Termthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cinedigm Digital Cinema Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.