Sign On Bonus Agreement Template

You can open the Sign On Bonus Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Sign On Bonus Agreement Template

Printable | Editable Form




Sign On Bonus Agreement Template (1)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
Introduction:
This agreement formalizes the terms regarding the sign-on bonus provided by the Employer to the Employee upon acceptance of employment on [Start Date].
Clause 1: Bonus Amount
The Employer agrees to pay the Employee a sign-on bonus of [Amount], payable on [Payment Date].
Clause 2: Conditions of Payment
The sign-on bonus is contingent upon the Employee’s successful completion of the probation period of [Duration] starting from the employment commencement date.
Clause 3: Repayment Agreement
Should the Employee voluntarily terminate employment within [Duration] after receiving the bonus, the Employee agrees to repay the total amount of the sign-on bonus.
Clause 4: Tax Obligations
The Employee acknowledges that the bonus payment may be subject to applicable taxes, and such deductions will be made prior to payment.
Clause 5: Governing Law
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
Sign On Bonus Agreement Template (2)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
Introduction:
This document serves to detail the terms of the sign-on bonus offered to the Employee in conjunction with their employment offer dated [Offer Date].
Clause 1: Bonus Amount
The sign-on bonus will total [Amount], and will be paid out in one installment on [Payment Date].
Clause 2: Eligibility Criteria
The Employee must complete [Specify requirements] to be eligible for the full payout of the sign-on bonus.
Clause 3: Recoupment Policy
In the event that the Employee resigns within [Duration], the Employee agrees to reimburse the Employer [Specify percentage or amount] of the bonus paid.
Clause 4: Acknowledgment of Tax Impact
The Employee understands that taxes will be withheld from the bonus amount as per federal and state law.
Clause 5: Legal Compliance
This agreement adheres to employment laws as applicable under [Jurisdiction] and can be amended only by mutual consent.
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]

Form

Please complete the form below to create the Sign On Bonus Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Sign On Bonus Agreement Template

1. Employee Information


2. Employer Information


3. Agreement Details



4. Conditions for Bonus Payment

5. Repayment Clause

6. Bonus Disbursement Terms

7. Confidentiality Terms

8. Termination Clauses

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Sign On Bonus Agreement Template

Printable | Editable Form




Sign On Bonus Agreement Template