Sign-On Cash Bonus. The Executive shall receive a sign-on cash bonus in the amount of $250,000 payable (with appropriate deductions as required by law) to the Executive at the first regular pay date applicable to the Executive after the Effective Date. If the Executive terminates this Agreement without Good Reason, and other than as a result of death or Disability, during the period commencing on the Effective Date and ending on the first anniversary of the Effective Date, the Executive shall repay the sign-on cash bonus to the Company within 30 days of such termination.
Sign-On Cash Bonus. Employer shall pay Executive a sign-on cash bonus of One Million Five Hundred Thousand Dollars ($1,500,000), less applicable withholding and salary deductions, payable on Employer’s next regular pay date following the Effective Date (hereinafter defined), provided that Executive is employed by Employer on such date.
Sign-On Cash Bonus. The Executive shall be paid a cash bonus equal to $10,000,000 (the “Sign-on Cash Bonus”), paid out semi-annually in four (4) equal installments of $2.5 million over an 18-month period (each an “Installment Payment”). The 1st Installment Payment shall be paid on the Effective Date. The 2nd Installment Payment shall be paid on the six-month anniversary of the Effective Date. The 3rd Installment Payment shall be paid on the 12-month anniversary of the Effective Date. The 4th Installment Payment shall be paid on the 18-month anniversary of the Effective Date. Each Installment Payment shall only be subject to the Executive not voluntarily resigning his employment without Good Reason prior to the date the Installment Payment is due.
Sign-On Cash Bonus. Executive will receive a one-time sign-on cash bonus award in an amount equal to $200,000 (the “Sign-on Bonus”), which will be payable in a lump sum as soon as administratively practicable following the Commencement Date, subject to Executive’s continued employment through the payment date; provided that, in the event of Executive’s termination of employment by the Company without Cause or by Executive for Good Reason prior to the payment date of the Sign-on Bonus, then, subject to Section 16(e), Executive shall be entitled to receive any unpaid portion of the Sign-on Bonus, which shall be paid in a lump sum within sixty (60) days following the Termination Date.
Sign-On Cash Bonus. Executive shall receive a one-time cash bonus in an amount equal to $200,000 payable (i) 50% on the Company’s first regularly scheduled payroll date following the Commencement Date and (ii) 50% on the first anniversary of the Commencement Date, in each case, subject to Executive’s continued employment with the Company through the applicable payment date.
Sign-On Cash Bonus. Upon execution of this agreement, Executive shall be entitled to a Cash Bonus of one million five hundred thousand dollars ($1,500,000), payable within 30 days of the date on which Executive’s employment with the Company commences.
Sign-On Cash Bonus. Within fifteen (15) days following the Effective Date, the Company shall pay the Executive a cash bonus equal to Three Million Dollars ($3,000,000), subject to all applicable withholding taxes. In the event the Executive’s employment is terminated by the Company for Cause or if the Executive resigns from the Company without Good Reason (each as defined below), in either case, within two years following the Effective Date, the Executive shall repay to the Company the pre-tax amount of such bonus on a prorated basis, based on the number of days remaining in the two year period following the Effective Date. For the avoidance of doubt, the foregoing sentence shall not apply in the event the Executive’s employment is terminated by reason of the Executive’s death or Disability.
Sign-On Cash Bonus. The Company shall pay to Executive a lump sum cash sign-on bonus of $3,000,000 (the “Sign-On Bonus”) within 15 days following the Effective Date; provided that, Executive shall repay to the Company (A) 100% of the Sign-On Bonus if, prior to August 26, 2021 (the “Second Anniversary Date”), Executive terminates his employment without Good Reason (and not due to Disability, each as defined below) or the Company terminates Executive’s employment for Cause (as defined below); or (B) 50% of the Sign-On Bonus if, after the Second Anniversary Date, but prior to the Third Anniversary Date, Executive terminates his employment without Good Reason (and not due to Disability) or the Company terminates Executive’s employment for Cause.
Sign-On Cash Bonus. In connection with the first normal payroll cycle following the Commencement Date, the Company shall make a one-time payment of Fifty Thousand ($50,000) Dollars (the “Sign-on Cash Bonus”) to Employee. The Sign-on Cash Bonus shall be made subject to mandatory withholding and pursuant to the Company’s normal and customary payroll practices for its senior executives.
Sign-On Cash Bonus. The Executive shall receive a one-time cash sign on bonus of Twenty Five Thousand ($25,000) Dollars 90 days after the Effective Date.
