Joining Bonus definition
Examples of Joining Bonus in a sentence
In the event that Employee’s employment is terminated within one year following the Joining date (i) by Employee or (ii) by the Company, Employee shall and hereby does agree to repay the Company in full for the Joining Bonus.
If employee shall be entitled to receive a joining bonus, the Joining Bonus will be paid no later than 30 days following the Joining Date.
In the event that Executive’s employment is terminated within one year following the Effective Date (i) by Executive other than for Good Reason or (ii) by the Company for Cause, Executive shall and hereby does agree to repay the Company in full for the Joining Bonus.
Joining Bonus points will be awarded subject to the Cardholder paying the joining fee making a purchase within the first month of Card issuance and ensuring a payment is made within 30 days from the joining fee charge date, if applicable on the card.
You will also receive an additional Joining Bonus of INR 100,000 (One Lakh), with 50% of the Joining Bonus being paid in your first salary cycle after commencing employment with TraceLink and the remaining 50% payable in the Salary cycle after completing 60 days (from start date), of employment.
As of the date hereof, the Company Board, after consultation with its financial and legal advisors, has made the determinations set out in Section 2.3(b) and has unanimously resolved to make the Company Board Recommendation to the Company Securityholders that they vote in favour of the Arrangement Resolution.
In the event that Executive’s employment is terminated within one year following the Effective Date (i) by Executive other than for Good Reason, or (ii) by the Company for Cause, Executive shall and hereby does agree to repay the Company in full for any portion of the Joining Bonus already paid to Executive.
In the event that you leave the Company's employment before the first anniversary of the commencement of your employment, other than for dismissal without Cause or resignation with Good Reason, you must immediately repay to the Company the full amount of the Joining Bonus (save for any amount already repaid pursuant to this clause).
If you resign or your employment is terminated by Bain during your second year of employment, you will be required to repay 50% of the Joining Bonus to Bain.
Additionally you will enjoy a Joining Bonus of 1 x Travel Kit of Environ products with over £50, and 2 x 30min Focus-On Booster Facials (see ‘Focus-On entitlement’ below) Purchase of the Skin Club 7 membership allows you any Environ facial per month.