Base Salary and Compensation Sample Clauses

Base Salary and Compensation. (a) Upon the execution hereof and in consideration of the execution hereof, the Executive will receive (i) within 5 days of the execution hereof, a cash payment of $100,000, which payment will not serve to diminish any other compensation the Executive is or may become entitled to hereunder and (ii) 50,000 newly issued and unregistered shares of the Company’s Common Stock.
Sample 1
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Base Salary and Compensation. During the Term, the Company shall pay to Executive a salary at the gross rate of (the Indian Rupees (“INR”) equivalent of) twenty-two thousand eighty three U.S. dollars (US$22,083) per month. The INR equivalent shall be determined each calendar year as per the prevailing USD to INR conversion rate as the first day of such calendar year. As soon as reasonably practicable following such determination, the Company will duly inform Executive of the relevant USD to INR conversion rate being considered in the respective Financial Year(s) for the purposes of determining Executive’s Base Salary and Compensation (each as defined below). Executive’s base salary shall be subject to adjustment, as determined by the Board, in its sole discretion and in consultation with NextNav. Executive’s base salary, as may be in effect from time to time, is referred to herein as “Base Salary.” The Base Salary shall be payable as earned in accordance with the Company’s regular payroll schedule for salaried employees as in effect from time to time. Together with the Base Salary, the Executive shall be entitled to such other statutory benefits and emoluments as prescribed under applicable laws and applicable to the Executive (including such statutory benefits and emoluments pursuant to the Executive’s continued employment with the Company, collectively, the “Compensation”).
Sample 1
Base Salary and Compensation. (a) Upon the execution hereof and in consideration of the execution hereof, the Executive will receive 200,000 newly issued and unregistered shares of the Company’s Common Stock.
Sample 1
Base Salary and Compensation. (a) Upon the execution and in consideration of the execution hereof, the Executive will receive of subject to vesting as provided herein, unregistered shares of the Company Common Stock (the “Shares”) The Shares will be issued vest in accordance with the revenue milestones and vesting schedule over 24 months as set forth on Schedule A hereto. At the end of such 24-month period any unvested and unearned shares shall automatically revert to the Company. MGT CAPITAL INVESTMENTS, INC. 500 Xxxxxxxxxx Xxxxxx Xxxxx 000 Xxxxxxxx, XX 00000 Tel: (000) 000-0000 email: rxxxx@xxxxx.xxx web: wxx.xxxxx.xxx
Sample 1
Base Salary and Compensation. Akam’s base monthly salary for the Initial Term shall be ONE HUNDRED FIFTY THOUSAND AND NO/100 ($150,000.00) DOLLARS payable as follows:
Sample 1
Base Salary and Compensation 
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Related to Base Salary and Compensation

  • Base Salary and Incentive Compensation The Company shall pay to Executive (i) his Base Salary (as in effect as of the date of his termination) and (ii) Incentive Compensation (in an aggregate amount equal to the applicable portion of the cash Incentive Compensation received by the Executive for the most recent fiscal year prior to his termination) as follows: Years of Base Payout Service Salary Incentive Compensation Period Less than one 3 months 25% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 3 months One but less than two 6 months 50% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 6 months Two but less than three 9 months 75% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 9 months Three or More 12 months 100% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 12 months To the extent permitted under Code Section 409A, the sum of applicable Base Salary and Incentive Compensation shall be divided into equal monthly payments and paid to the Executive over the applicable Payout Period shown in the table above, depending on the Executive’s years of service at the time of Termination.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • 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.

  • Salary and Bonus (a) During the Term of this Agreement, the Company shall pay Executive an annual base salary of $425,000 per year (the “Base Salary”). The Base Salary shall be payable to the Executive in substantially equal installments in accordance with the Company’s normal payroll practices.

  • Base Salary The Company shall pay to Executive a base salary (“Base Salary”) of $250,000 per year, payable in accordance with the payroll policies from time to time in effect at the Company. Executive’s Base Salary may be subject to increase (but shall not be subject to decrease) on an annual basis as the Board of Directors of the Company or any committee thereof (the “Board of Directors”) shall determine.

  • Base Salary and Benefits (a) During the Employment Period, Executive’s base salary shall be $150,000 per year (the “Base Salary”), which salary shall be payable in regular installments in accordance with the Company’s general payroll practices and shall be subject to required withholding. The Base Salary shall be reviewed by the Board for increase at least once every twelve (12) months.

  • 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.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • 1Base Salary During the Period of Employment, the Company shall pay the Executive a base salary (the “Base Salary”), which shall be paid biweekly or in such other installments as shall be consistent with the Company’s regular payroll practices in effect from time to time. The Executive’s Base Salary shall be at an annualized rate of Seven Hundred Thousand dollars ($700,000.00). The Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

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