Relocation Bonus Sample Clauses

Relocation Bonus. The Company agrees to reimburse the Executive for reasonable and customary expenses that the Executive incurs through the twenty-fourth month anniversary of the Commencement Date, in an amount up to $35,000, if Executive elects to relocate to Florida and upon presentation of receipts associated with Executive’s relocation to Florida.

Relocation Bonus. PL1s and incoming transfers shall receive a gross relocation bonus of $2,400.00 within two weeks following their start date.

Relocation Bonus. Company shall pay Executive a relocation payment of one hundred thousand dollars ($100,000) within one month after the Commencement Date. In the event of Termination by Executive within 12 months after the Commencement Date, a prorated portion of the Relocation Bonus shall be repaid to the company reflecting the remaining portion of the first 12 months of service.

Relocation Bonus. Upon relocation to Orange County, California, the Company shall pay Executive a relocation bonus of Five Thousand Dollars ($5,000.00) (the "Relocation Bonus").

Relocation Bonus. You shall be entitled to a one-time cash relocation bonus of Three Hundred Thousand Dollars ($300,000) payable within 30 days of the relocation of your primary residence to Miami, Florida (the “Relocation Bonus”), subject to tax withholding, and subject to the last two sentences of Section 2(k) hereof.

Relocation Bonus. The Company will pay Executive a one-time relocation bonus in the gross amount of $75,000, plus a one-time gross up of this bonus amount for tax purposes (the bonus plus the gross-up, the “Relocation Bonus”). If during the Initial Term, Executive (i) is Discharged for Cause or (ii) resigns his employment under circumstances that are not a Termination for Good Reason, then Executive will be obligated to repay the entire Relocation Bonus and, by Executive’s signature below, Executive authorizes the Company to withhold the amount due, in whole or in part, from any final wages, compensation, bonus, accrued vacation, or other payment due to Executive upon termination.

Relocation Bonus. The Company shall pay the Executive two hundred forty four thousand dollars ($244,000), payable in 12 monthly installments and subject to regular deductions and withholdings as required by law, with such monthly installments to commence within thirty days of his execution of this Agreement. If the Executive’s house located at ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Palm Coast, FL 32137 (the “Property”) has not been sold by the first anniversary of this Agreement, the Company shall pay the Executive fifteen thousand four hundred sixteen dollars and sixty six cents ($15,416.66) each month thereafter, for a period not to exceed twelve (12) months, if during such month the Executive has not sold the Property, subject to regular deductions and withholdings as required by law. The Executive shall not be eligible for any Annual Cash Incentive for a period as to which he receives a Relocation Bonus.

Relocation Bonus. Your services will be performed primarily at the Company’s office located in Tampa, Florida, subject to travel requirements in connection with your duties under this Agreement. In connection with the relocation of your principal residence to the Tampa, Florida vicinity, on the Company’s first regular payroll date occurring after the Start Date, the Company will pay you a one-time relocation bonus equal to Five Hundred Thousand Dollars ($500,000), subject to applicable taxes and withholding. If, however, your employment with the Company is terminated for any reason prior to the first anniversary of the Start Date, or if you fail to permanently relocate to the Tampa, Florida vicinity prior to the first anniversary of the Start Date, the bonus under this paragraph must be repaid to the Company in cash within thirty (30) days following the earlier of the termination of your employment with the Company or the first anniversary of the Start Date; provided that in the case of a termination of employment, if such termination is for any reason other than a termination for Cause or is for a resignation with Good Reason, (i) you will not be required to repay any amount that you have already expended in relocating or in preparation for relocating, and (ii) you will only be required to repay the net after-tax amount of the excess of such bonus over any expenses described in (i).

Relocation Bonus. Executive shall commence working full-time at Employer’s headquarters office no later than September 29, 2009. Employer will pay on Executive’s behalf relocation expenses in accordance with Employer’s standard relocation policy in an amount up to One Hundred Twenty-five Thousand Dollars (US$125,000.00) (“Relocation Expenses”), subject to Employer’s customary payroll practices and legal requirements regarding withholding. Executive shall submit promptly to Employer invoices, but in any event no later than two weeks prior to any due date for such invoices, for actual incurred Relocation Expenses, and Employer shall remit payment for such Relocation Expenses in accordance with its standard accounts payable practices, but in any event no later than the due date of the invoice. “Relocation Expenses “ shall include, inter alia, the cost of Employer and his family’s relocation to the Dallas/Ft. Worth metroplex, but does include payment of commissions, points or other costs associated with buying or selling a home. Until Executive relocates, Employer will (i) rent a furnished two bedroom apartment within proximity of the office in Carrollton for his use and (ii) reimburse the cost of travel of Executive and his spouse between Seattle, Washington, and Dallas, Texas, in accordance with Employer’s standard travel policy. Given that trips to the headquarters office can be scheduled, Executive and his spouse shall use commercially reasonable efforts to take advantage of reduced airfares. Employer also will reimburse Executive prior to relocation the cost of an automobile rental for the time Executive is in Carrollton