Common use of Signing Bonus Clause in Contracts

Signing Bonus. On or about the first payroll period following the Start Date, the Company shall pay Executive a signing bonus of $50,000 (the “Signing Bonus”). If Executive resigns from employment with the Company without Good Reason or is terminated for Cause within one year of the Start Date, Executive will be obligated to repay the Signing Bonus to the Employer within thirty days of Executive’s termination.

Appears in 1 contract

Samples: Employment Agreement (Bluebird Bio, Inc.)

AutoNDA by SimpleDocs

Signing Bonus. On or about The Company will pay the first payroll period following the Start Date, the Company shall pay Executive a signing bonus of $50,000 (75,000 on the “Signing Bonus”). If Executive resigns from first day of his employment with the Company without Good Reason or is terminated for Cause within one year (the “Vesting Commencement Date”), payable to a private foundation of the Start Executive’s choosing. The Executive shall repay to the Company the amount of the bonus if he voluntarily terminates his employment with the Company less than one (1) year following the Effective Date, Executive will be obligated to repay the Signing Bonus to the Employer within thirty days of Executive’s terminationunless such termination is for Good Reason, as defined in Section 4(b).

Appears in 1 contract

Samples: Employment Agreement (SolarWinds, Inc.)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall pay Executive a signing bonus in the amount of $50,000 25,000 (the “Signing Bonus”). If Such amount shall be processed and paid to Executive resigns from employment with the Company first payroll after the Commencement Date and is subject to applicable tax withholdings. Executive shall repay the gross amount of the Signing Bonus if, during the Term, Executive terminates his employment without Good Reason (as defined below) or is terminated by the Company for Cause within one year of the Start Date, Executive will be obligated to repay the Signing Bonus to the Employer within thirty days of Executive’s termination(as defined below).

Appears in 1 contract

Samples: Employment Agreement (Medallion Financial Corp)

Signing Bonus. On or about Executive shall receive a $35,000 bonus paid in the first payroll period following the Start Date, the Company shall pay Executive a signing bonus of $50,000 (the “Signing Bonus”)after Executive’s start date. If Executive resigns from employment with voluntarily terminates before June 1, 2016, the Company without Good Reason or is terminated for Cause within one year full amount of the Start Date, Executive will bonus shall be obligated to repay the Signing Bonus repaid to the Employer within thirty days of Executive’s terminationCompany.

Appears in 1 contract

Samples: Agreement (Interphase Corp)

Signing Bonus. On or about the first payroll period following the Start Date, the Company shall pay Executive will receive a signing bonus of $50,000 (500,000, payable in the “Signing Bonus”)first pay period after his start date. If Executive resigns from Executive’s employment with the Company ends within the first year of employment due to Executive’s resignation without Good Reason or is terminated termination by the Company for Cause within one year of the Start DateCause, Executive will be obligated required to repay return the Signing Bonus to the Employer within thirty days of Executive’s terminationsigning bonus.

Appears in 1 contract

Samples: Employment Agreement (Coherent Inc)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall will pay Executive a signing bonus of $50,000 (12,500 on the “Signing Bonus”). If first payroll date after the Effective Date, which amount Executive resigns from will repay to Company in full if Executive’s employment with the Company without Good Reason or is terminated for Cause terminates within one year after the Effective Date for any reason other than a termination (i) by the Executive for Good Reason (as defined below), (ii) by the Company for other than Cause (as defined below) or pursuant to Section 7.b. below or (iii) as a result of the Start Date, Executive will be obligated to repay death or disability of the Signing Bonus to the Employer within thirty days of Executive’s termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Trevena Inc)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall pay Executive a signing bonus of $50,000 178,100 (the “Signing Bonus”), on the first regularly scheduled payroll date following the Commencement Date. If Executive resigns from Executive’s employment with the Company is terminated due to Executive’s resignation without Good Reason or is terminated by the Company for Cause within one year of the Start Dateprior to January 1, 2015, Executive will be obligated to promptly repay the Signing Bonus to the Employer within thirty days of Executive’s terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Signing Bonus. On or about the first payroll period following the Start Date, the Company shall pay Executive a signing bonus of $50,000 (32,000 payable on the “Signing Bonus”)first regular payroll date following Executive's first day of employment with Company. If Executive resigns from Executive's employment with Company terminates for any reason prior to the Company without Good Reason or is terminated for Cause within one year first anniversary of the Start Datethis Agreement, Executive will be obligated to shall promptly, but in no event later than 90 days following such termination, repay the Signing Bonus entire signing bonus to the Employer within thirty days of Executive’s terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (Cascade Microtech Inc)

AutoNDA by SimpleDocs

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall pay Executive a signing bonus in the first payroll beginning after the Commencement Date in the amount of $50,000 (the “Signing Bonus”)75,000. If Executive resigns from Executive’s employment with ends before the Company without Good Reason or is terminated first anniversary of the Commencement Date as a result of his termination for Cause within one year of the Start Dateor resignation other than for Good Reason, Executive will must promptly repay this bonus (including any amounts withheld for taxes) in full. Executive (or his estate, as applicable) shall not be obligated required to repay this bonus in the Signing Bonus to the Employer within thirty days event his employment ends as a result of Executive’s terminationdeath or Disability.

Appears in 1 contract

Samples: Employment Agreement (Intercept Pharmaceuticals Inc)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall will pay Executive a signing bonus of $50,000 (on the “Signing Bonus”). If first payroll date after the Effective Date, which amount Executive resigns from will repay to Company in full if Executive’s employment with the Company without Good Reason or is terminated for Cause terminates within one year after the Effective Date for any reason other than a termination (i) by the Executive for Good Reason (as defined below), (ii) by the Company for other than Cause (as defined below) or pursuant to Section 7.b. below or (iii) as a result of the Start Date, Executive will be obligated to repay death or disability of the Signing Bonus to the Employer within thirty days of Executive’s termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Trevena Inc)

Signing Bonus. On or about The Executive will receive a bonus payment in the first payroll period following the Start Date, amount of $175,000 from the Company shall pay Executive a signing bonus on his first day of $50,000 (the “Signing Bonus”). If Executive resigns from employment with the Company without Good Reason or is terminated for Cause within one year of the Start Date, Executive will Company. This amount must be obligated to repay the Signing Bonus repaid to the Employer within thirty days of Company if the Executive’s termination's Termination from Employment Date is on or before April 30, 1999.

Appears in 1 contract

Samples: Employment Agreement (Equitable Resources Inc /Pa/)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall will pay Executive a signing bonus of $50,000 (15,000 on the “Signing Bonus”). If first payroll date after the Effective Date, which amount Executive resigns from will repay to Company in full if Executive’s employment with the Company without Good Reason or is terminated for Cause terminates within one year after the Effective Date for any reason other than a termination (i) by the Executive for Good Reason (as defined below), (ii) by the Company for other than Cause (as defined below) or pursuant to Section 7.b. below or (iii) as a result of the Start Date, Executive will be obligated to repay death or disability of the Signing Bonus to the Employer within thirty days of Executive’s termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Trevena Inc)

Signing Bonus. On or about the first payroll period following the Start Date, the The Company shall pay Executive a signing bonus of $50,000 (225,000 on the “Signing Bonus”)first payroll date following the Commencement Date. If Executive resigns from Executive’s employment with is terminated due to Executive’s resignation for any reason or by the Company without Good Reason or is terminated for Cause within one year of the Start Date(as defined in Section 6) prior to December 31, 2015, Executive will be obligated to promptly repay the Signing Bonus such signing bonus to the Employer within thirty days of Executive’s terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

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