Sign-On Bonus definition

Sign-On Bonus means a single-sum amount paid or payable to a new Eligible Employee during the Plan Year upon commencement of employment, in addition to base pay and other Compensation, to induce him or her to become an employee of the Company, or any similar item of compensation as the Administrator shall designate as "Sign-On Bonus" for purposes of this Plan.

Sign-On Bonus means a bonus payable as an incentive to accept employment with the Company.

Sign-On Bonus means any financial interest offered or received directly or indirectly, upfront or deferred, and with or without conditions, as an incentive to become a provider, and a financial interest includes but is not limited to:

Examples of Sign-On Bonus in a sentence

• Change in the director’s principal area of responsibility with his or her company or in his or her employment;3.

• The Sign-On Bonus is subject to review and non-objection by the Finance Agency.

• The books and records of the Company will be controlling in the event a question arises hereunder concerning the amount of Adjusted Compensation, Incentive Compensation, Sign-On Bonus, Eligible Compensation, the Deferred Amounts, the Account Balance, the designation of a beneficiary, or any other matters.

• For purposes of clarity, Executive shall have no obligation to repay the Sign-On Bonus to the Company in the event that Executive’s employment is terminated due to his death or Disability.

• ANNEXURE - IIDetails of Remunerations Retirement Benefits Total Base Salary (TBS)INR 83,333.00INR 1,000,000.00 Total Gross Cost (TGC)INR 83,333.00INR 1,000,000.00 Other Benefits & Variable Pay Hypothetical Cost to Company (CTC)Sign On BonusYou will be paid a one-time Sign-On Bonus of INR 50,000.00 in your Second month’s salary.

More Definitions of Sign-On Bonus

Sign-On Bonus means any financial interest offered or received directly or indirectly, upfront or deferred, and with or without conditions, as an incentive to become a provider, and a financial interest includes but is not limited to:• compensation for the potential or actual loss of any benefit including any form of income, or part thereof, or• cost associated with the provider’s business or operations, including the sourcing of business, relating to the rendering of financial services; or• a loan, advance, credit facility or any other similar arrangement.

Sign-On Bonus has the meaning specified in Section 4(d).

Sign-On Bonus means a single-sum amount paid or payable during the Plan Year upon commencement of employment to a new Eligible Employee, in addition to base pay and other Compensation, to induce him or her to become an employee of the Company.

Sign-On Bonus has the meaning set forth in Section 3.2.

Sign-On Bonus has the meaning given to that term in Section 3(i).

Sign-On Bonus means any bonus payable by an Employer to a Participant as an inducement to the commencement of the Participant’s employment with the Employer.

Sign-On Bonus means a cash-based award that is payable to an eligible individual pursuant to the terms and conditions of such individual’s offer of employment to induce him or her to become an employee of the Company, or any similar item of compensation.