Sign on bonus clause samples
In addition to the quity awards, you will receive a $100,000 sign on bonus (subject to the applicable tax withholdings). The sign on bonus will be paid to you no later than 60 days from your start date with the Company. Should you choose to voluntary separate from the Company during the first 12 months of your employment, you agree to repay the Company 100% ($100,000) of the sign on bonus. Should you voluntary separate from the Company after the first 12 months, but before the 2nd anniversary of your start date, you agree to repay the Company 50% ($55,000) of the sign on bonus.
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