Meaning Signature bonus
What does Signature bonus mean? Here you find 2 meanings of the word Signature bonus. You can also add a definition of Signature bonus yourself
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Signature bonusPayment demanded by authorities in certain host countries in advance of exploration activities for the rights to develop an exploration area.
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Signature bonusThe payment of a fee to a host government upon signing a PSC or a concession licence agreement. The bonus can often be a big factor in determining the winner of new acreage in licensing rounds.
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