A registration bonus is a kind of financial compensation for the employee at the beginning of his employment. Typically, employers tend to offer it when they want to hire someone who is already employed, or when they want to hire a highly qualified specialist and need to make sure they accept their offer. Signing Bonus: At the start of your employment and when you complete the required compliance and payroll documents, you will receive a one-time signing bonus of $150,000 (before withholding taxes and applicable taxes) to be paid with your first expected semi-annual salary (or as soon as possible thereafter). If you cancel within eighteen (18) months of your employment, you must repay the full amount of your signing bonus to the Company. In addition, subject to the approval of Savara`s Board of Directors (the “Board”) and as a significant incentive for your acceptance of employment with the Company at the beginning of your employment and upon completion of the required compliance and payroll documents, you will receive a RSU RSU One-Time Signing Bonus, which will be fully acquired after eighteen (18) months (i.e. cliff setting). We are pleased to offer you a signing bonus of $50,000. This bonus will be paid as a lump sum as part of a separate review on the next regular payment date after you start working with REGENXBIO Inc. (“REGENXBIO”). The signing bonus is taxable and all regular social security contributions are retained. In the event that you terminate your employment with REGENXBIO or are terminated by the Company for a reason determined by REGENXBIO, you will be responsible for reimbursing the full signing bonus to the Company within 12 months of your hiring date. By signing this Agreement, you agree to return this amount to the Company upon request. You further authorize the Company to deduct from any salary owed to you by the Company (including, but not limited to, a final paycheque or severance pay) any amount you owe to the Company hereunder.

d) Signing bonus. Upon commencement of your employment with the Company, you will receive a one-time signing bonus of $100,000 (the “Signing Bonus”), subject to applicable payroll deductions. The signing bonus will be paid to you as an advance in the form of a single lump sum in accordance with the Company`s standard payroll processes within 30 days of your start date and will be made available to you before earning such a signing bonus. You will only receive the signing bonus if you remain actively and continuously employed by the company until the first anniversary of your start date. If you are terminated for cause or terminated without just cause, as each term is defined below, at any time prior to the (1) anniversary of your start date, you agree to reimburse the Company 100% of the gross amount of the signing bonus within thirty (30) days of the end of your employment relationship. 3. Signing bonus. The Company will pay you a signing bonus of $40,000 (the “Signing Bonus”) within 30 days of your start date. If (i) you withdraw from your employment with the Company and such termination does not constitute termination for cause, or (ii) you are terminated by the Company for cause, in both cases you agree to refund 100% of the signing bonus within 30 days of termination of your employment before the end of uninterrupted employment 12 months after your date at the beginning. Signing a signing bonus agreement is a simple process. The document has a specific structure that an employer should follow to describe the important moments that could potentially occur.

The agreement may include parts such as: Signing Bonus. You are entitled to a $50,000 signing bonus (the “Signing Bonus”). The signing bonus will be paid to you in cash as soon as possible, but in no case more than 30 days after the start date; provided, however, that if you leave the employment relationship with the Company for any reason before your 18-month anniversary of the Start Date, you will immediately refund the Signing Bonus to the Company. You can take this bonus in three equal installments of your choice. Signing bonus. You will receive a one-time signing bonus of twenty-five thousand dollars ($25,000), payable in a single lump sum cheque on the next regular payment date after the effective date. The signing bonus is taxable and all regular social security contributions will be withheld. In the event that you voluntarily leave the Company within twelve (12) months of the Effective Date, you are responsible for refunding the Company the entire signing bonus. By signing this Agreement, you authorize the Company to withhold some or all of the $25,000 signing bonus amount from any final payment to which you may be entitled in the event that a refund is required under this Section 3.b. This signing bonus is offered in anticipation of the contributions you will make to our business over time. If you terminate before completing twenty-four (24) months of employment, or if you are terminated for cause before twenty-four (24) months of employment, you must repay the balance in proportion to your signing bonus. This refund may be deducted in whole or in part from the final payments to which you are entitled.

Signing Bonus: The Company agrees to pay you a one-time cash signing bonus of $100,000 (the “Signing Bonus”), payable on the first day of the Company`s regular settlement after the Start Date and subject to all applicable tax reporting and withholding tax requirements. Notwithstanding the foregoing, you acknowledge and agree that if you voluntarily terminate or terminate your employment relationship for cause (each, a termination event) before the second anniversary of your Start Date, you must refund any portion of the Signing Bonus within 30 days of such termination event without any reduction in the taxes withheld by the Company upon payment of the Signing bonus. as follows: (i) if there is a termination event before the first anniversary of your start date, you must refund the Company 50% of the signing bonus and (ii) if there is a termination event from the first anniversary of your start date, but before the second anniversary of your start date, you must reimburse the Company 33% of the signing premium. By signing below, you authorize the Company to immediately set off and reduce all amounts to which you are otherwise entitled in relation to any amount to which the Company is entitled in respect of your obligation to repay the Signing Bonus under this paragraph. Table of Contents Annual bonus targets 30% of Dr. Chakrabortys` annual base salary, based on the achievement of the objectives set by our Board of Directors. Dr. Chakraborty`s annual base salary was increased to $325,000 in connection with his appointment as Scientific Director in November 2020. In addition, according to the letter of offer, Dr.

Chakraborty received a one-time signing bonus of $30,000 with an additional payment to cover all taxes resulting from the payment of the signing premium. The letter of offer also provides for the grant of an initial call option of 628,952 common shares granted on September 25, 2019 at an exercise price of $0.10 per share and the grant of an option to purchase 331,982 common shares following the significant closing of our Series A-2 preferred share financing. granted on March 10, 2020 at an exercise price of $0.16 per share. Each option will vest in respect of 25% of the shares subject to the option on the first anniversary of the applicable grant date, and the remaining 75% of those shares subject to the option will subsequently become vested in 36 monthly instalments, subject to the continued service of Dr. Chakrabortys until each applicable exercise date. 7.6. At the discretion of the Compensation Committee and the Board of Directors (and with respect to the Chief Executive Officer – including the Company`s Annual General Meeting), Gamida may grant a signing bonus to a newly appointed officer. .