REMUNERATION AND BENEFITS. a. The Corporation shall pay to the Executive as compensation for his services provided hereunder an annual base salary (“Annual Base Salary”) for each year of the term of this Agreement, which shall be determined by the Reporting Manager and the CEO (and the Compensation Committee, as may be required) and set out in a separate document, subject to the provisions of Section 7, and which shall be exclusive of bonuses, benefits and other compensation as provided for herein. The Annual Base Salary shall be payable in accordance with the Corporation’s regular payroll practices for senior executives or in such other manner as may be mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. The Annual Base Salary shall be in accordance with Schedule “A” subject to the provisions of Section 7.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)
REMUNERATION AND BENEFITS. a. (a) The Corporation shall pay to the Executive as compensation for his services provided hereunder an annual base salary (“"Annual Base Salary”") for each year of the term of this Agreement, which shall be determined by the Reporting Manager and the CEO (and the Compensation Committee, as may be required) and set out in a separate document, subject to the provisions of Section 78, and which shall be exclusive of bonuses, benefits and other compensation as provided for herein. The Annual Base Salary shall be payable in accordance with the Corporation’s 's regular payroll practices for senior executives or in such other manner as may be mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. The As of the date of this Agreement, the Annual Base Salary shall be in accordance with Schedule “A” subject to the provisions of Section 7is USD $400,000.00.
Appears in 2 contracts
Samples: Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)
REMUNERATION AND BENEFITS. a. The Corporation shall pay to the Executive as compensation for his services provided hereunder an annual base salary (“Annual Base Salary”) for each year of the term of this Agreement, which shall be determined by the Reporting Manager and the CEO (and the Compensation Committee, as may be required) and set out in a separate document, subject to the provisions of Section 78, and which shall be exclusive of bonuses, benefits and other compensation as provided for herein. The Annual Base Salary shall be payable in accordance with the Corporation’s regular payroll practices for senior executives or in such other manner as may be mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. The As of the date of this Agreement, the Annual Base Salary shall be in accordance with Schedule “A” subject to the provisions of Section 7is USD $215,000.00.
Appears in 1 contract
REMUNERATION AND BENEFITS. a. The Corporation shall pay to the Executive as compensation for his services provided hereunder an annual base salary (“Annual Base Salary”) for each year of the term of this Agreement, which shall be determined by the Reporting Manager and the CEO (and the Compensation Committee, as may be required) and set out in a separate document, subject to the provisions of Section 78, and which shall be exclusive of bonuses, benefits and other compensation as provided for herein. The Annual Base Salary shall be payable in accordance with the Corporation’s regular payroll practices for senior executives or in such other manner as may be mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. The As of the date of this Agreement, the Annual Base Salary shall be in accordance with Schedule “A” subject to the provisions of Section 7is USD $350,000.
Appears in 1 contract
Samples: Executive Agreement (Open Text Corp)