Sign-On Bonus Repayment Agreement Template


“If you leave CO NAME within one (1) year of the rental date, the total amount of this registration bonus must be refunded.” After you start your job, you also get a $XXX signing bonus in the salary cycle. “I am pleased to inform you that you have received a $x sign-up bonus. This amount is taxable and will be paid to you when the offer is accepted. The condition is that you remain in the company for at least 12 months from your start date, unless your employment is terminated at the discretion of the company. If you decide to leave the company for the first 12 months of employment, you will have to pay back the bonus which will be reduced by 1/12 for each month of employment. Maybe you even want to delay the bonus by one or two pay periods to make sure you`re fit. I had an employee joined while waiting for an offer from another employer and left after less than 6 weeks. I thought I didn`t and of course didn`t, sign a few bonus-on-word for a letter of offer. I need the registration bonus to be employed in the company for a year. Everyone has a standard word language that you use, which was previously approved by legal? SIGN-ON BONUS: A sign-up bonus of ($) must be paid to you in two installments. The first tranche of ()) will be paid to you for the salary period after 60 days of employment and the second installment will be paid over the salary period after your 6 (six) birthday, depending on the compliance with satisfactory performance standards.

If you decide to leave the company before your one-year anniversary, you must reimburse the company a proportionate share of the registration premium. The membership bonus will be paid to you after the necessary tax deductions. Please note that the membership fee paid to them is subject to one year with the company. If you leave the company for any reason before concluding a year with the company, this amount will be recovered from you. The membership fee mentioned above will be paid to you subject to your participation in the subject verb agreement/use-bonus that will be paid to you, subject to your conclusion of a full year of employment. I suggest you count the amount you will recover for an early departure just right. By accepting this job offer, you agree to reimburse the company for the amount of a signing bonus you received if you voluntarily leave your job before the first anniversary of the first day of your employment by the company. Any money refunded by you under this provision must be refunded in full, without deduction for the days you spent employed by the company. Question: Do you want some form of punishment if the person goes within 12 months? What if the company wants to end its employment? Try this — that is the language we use, and it is approved by our legal group.