Examples of Annualized Compensation in a sentence
As follows is the fee payable, which is a fixed percentage of Compensation* paid by County: Annualized Compensation Fee Percentage All positions 12% for all positions *Compensation includes base gross salary, gross compensation for services, fees, wages, guaranteed and/or anticipated bonus and commission earnings, to be made to the candidate during the first twelve (12) months of employment.
Accordingly, Client agrees that if any Candidate submitted to Client by Insight Global is hired either directly or indirectly by Client or one of its affiliates within one hundred eighty (180) days of receipt of such person’s resume, Client shall pay a placement fee equal to twenty-three percent (23%) of the Candidate’s Annualized Compensation (“Placement Fee”).
Accordingly, in an effort to liquidate in advance the sum that would represent the damages caused by such solicitation, you agree that you will pay to the affected employer an amount equal to the Annualized Compensation paid by us or such affiliate or franchise owner to any employee of ours, our affiliate or our franchise owners who leaves such employment directly or indirectly as a result of your breach of this Agreement.
For each Candidate to be placed with Client or its affiliates, the parties shall memorialize in writing the name, Annualized Compensation, Placement Fee, and starting date for such Candidate.
If, at any time during the time frame in which a Xxxxx Professional is providing Services to the Company and for a period of 12-months thereafter, other than in connection with this Agreement or another Xxxxx agreement, the Company or any of its subsidiaries or affiliates employs such Xxxxx Professional, or engages such Xxxxx Professional as an independent contractor, the Company will pay Xxxxx a placement fee in an amount equal to 35% of the Annualized Compensation (as defined below).