Annual Remuneration Sample Clauses

Annual Remuneration. (a) Notwithstanding subclause 8.2
AutoNDA by SimpleDocs
Annual Remuneration. In January of the year following any calendar year in which a minimum of sixty (60) compensable and non-compensable days of leave is accrued, and each following January, any eligible academic employee upon written request shall receive remuneration for unused compensable leave accumulated in the previous calendar year at a rate equal to one (1) day's current monetary compensation for each four (4) full days of accrued leave in excess of sixty (60) compensable and non- compensable days. Leave for which compensation has been received shall be deducted from accrued leave at the rate of four (4) days for each one (1) day of monetary compensation. In any year when this option is not exercised by the employee, the compensable leave shall accumulate.
Annual Remuneration. 5. The Annual remuneration is a periodic fixed payment paid by the Public partner to the Private partner, and calculated in accordance with the terms established in this document.
Annual Remuneration. (a) Notwithstanding subclause 10.1, an Employee may elect to receive his or her annual remuneration as a combination of wages (payable in accordance with this clause) and benefits payable by the Employer. The sum total of such wages, benefits, Fringe Benefits Tax and Employer administrative charge will equal the appropriate rate of pay prescribed by Clause 9 - Wage Rates.
Annual Remuneration. (a) Notwithstanding clause 6 of this agreement, an employer may offer and a teacher may elect to receive his or her annual remuneration as a combination of salary (payable fortnightly) and benefits payable by the employer. The sum total of such salary, benefits, Fringe Benefits Tax and any day employer administrative charge will equal the appropriate salary prescribed in the said clause 6.
Annual Remuneration. (a) As a minimum, Employees shall receive Annual Remuneration in the range assigned to the WVP Score for their position in Schedule B.
Annual Remuneration. In January of the year following any calendar year in which a minimum of sixty (60) compensable and non-compensable days of leave is accrued, and each following January, any eligible academic employee upon written request shall receive remuneration for unused compensable leave accumulated in the previous calendar year at a rate equal to one (1) day's current monetary compensation for each four (4) full days of accrued leave in excess of sixty
AutoNDA by SimpleDocs
Annual Remuneration. 1.1 Your salary will be £300,000 per annum ("Salary") payable monthly in arrears in equal monthly instalments normally on the 15th day of each calendar month by credit transfer into your bank account.
Annual Remuneration. (a) Not withstanding subclause 4.1 of the Award an employer may offer and a teacher may elect to receive his or her annual remuneration as a combination of salary (payable fortnightly) and additional superannuation payable by the employer to any fund identified by the Award or this agreement and nominated by the employee. The sum total of such salary and superannuation benefits and any employer administrative charge will equal the appropriate salary prescribed in sub clause 4.1 of the award.

Related to Annual Remuneration

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Your Compensation (a) Your fee, if any, for acting as agent with respect to sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of agency fees issued by us and in effect at the time of the sale. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of agency fees, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) After the effective date of any change in or discontinuance of any schedule of agency fees, distribution payments, or service payments, or the termination of a Plan, any agency fees, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any agency fee, distribution payment, or service payment, you will remit such overpayment. (d) If, within seven (7) business days after our confirmation of the original purchase order for shares of a Portfolio, such shares are redeemed by the issuing Portfolio or tendered for redemption by the customer, you agree (i) to refund promptly to us the full amount of any agency fee, distribution payment, or service payment paid to you on such shares, and (ii) if not yet paid to you, to forfeit the right to receive any agency fee, distribution payment, or service payment payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption. 4.

  • Basic Salary For all your services rendered under this Agreement, UO shall pay you a salary at an annual rate of no less than $450,000, or at such higher salary as may be determined by your performance review and the Executive Vice President, Human Resources, Legal & Business Affairs, UPR. Such higher salary shall subsequently be deemed the annual rate, commencing on such date as the Executive Vice President, Human Resources, Legal & Business Affairs, UPR may determine, for purposes of this Agreement.

  • Annual Base Salary During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $250,000, payable in regular installments in accordance with the Company's usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Time is Money Join Law Insider Premium to draft better contracts faster.