Compensation and Bonuses. Made any payments of any bonuses or compensation other than regular salary payments, or increase in the salaries, or payment on any of its debts in the Ordinary Course of Business, to any of its shareholders, directors, officers, employees, independent contractors or consultants or entry into by it of any employment, severance, or similar contract with any director, officer, or employee, independent contractor or consultant; Adopted, or increased in the payments to or benefits under, any profit sharing, bonus, deferred compensation, savings, insurance, pension, retirement, or other employee benefit plan for or with any of its employees;
Compensation and Bonuses. Made any payments of any bonuses or compensation other than regular salary payments, or increase in the salaries, or payment on any of its debts in the Ordinary Course of Business, to any of its shareholders, directors, officers, employees, independent contractors or consultants or entered into any employment, severance, or similar contract with any director, officer, or employee, independent contractor or consultant; adopted, or increased the payments to or benefits under, any profit sharing, bonus, deferred compensation, savings, insurance, pension, retirement, or other employee benefit plan for or with any of its employees;
Compensation and Bonuses. (a) During the Term of Employment the Employer shall pay the Executive a salary at an annual rate of U.S. $180,000.00 (One Hundred Eighty Thousand U.S. dollars (the “Base Salary”). The Base Salary will be payable in monthly installments of U.S. $15,000 (Fifteen Thousand U.S. Dollars) on the 1st day of each month during the Term of Employment.
Compensation and Bonuses. The Company will pay the Employee for his/her services at a base rate equal to $130,000.00 gross per year, paid on the 5th of each month with the proper payroll taxes deducted. The Company and Employee agree to review this salary on an annual basis or if a significant event, such as a merger, acquisition or other significant business event takes place. Said reviews will entail a comparison of similar positions in the marketplace to ensure that the salary is comparable to other companies. Employee will be compensated for wages earned, Schedule A, since STLK is acquiring Employee’s current Employer. These wages will be paid when possible and up to 50% may be paid with a convertible note with a 50% discount. Employee must elect this convertible note option by December 31st, 2012.
Compensation and Bonuses. Upon execution and delivery of this Agreement by Employee, Employer shall initially pay to Employee a signing bonus in the gross amount of Fifty Thousand Dollars ($50,000.00). Employer shall pay Employee an annual base salary of Two Hundred xxxxxxx Dollars ($200,000.00), payable in equal installments, not less than monthly during the term of her employment, together with bonuses to be determined as follows:
Compensation and Bonuses. Except as disclosed in Schedule 3.3(a) or in the normal course of business, neither the Company nor the Subsidiary has paid or agreed to pay any compensation, pension, bonus, share of profits or other benefit to, or for the benefit of, any employee, director, or officer of the Company or the Subsidiary and has not increased the compensation paid or payable of any director, officer or management employee;
Compensation and Bonuses. In recognition of past and present services, Rivers shall be entitled to the following benefits:
Compensation and Bonuses. Made any payments of any bonuses or compensation other than regular salary payments or payments in consideration of previously uncompensated or under-compensated services not in excess of $50,000 in the aggregate, or increase in the salaries or payment on any of its debts in the Ordinary Course of Business, to any of its shareholders, directors, officers, employees, independent contractors, or consultants or entry into by it of any employment, severance, or similar contract with any director, officer, or employee, independent contractor, or consultant; or adopted, or increased in the payments to or benefits under, any Approved Plan or any profit sharing, bonus, savings, insurance, pension, retirement, or other employee benefit plan for or with any of its employees;
Compensation and Bonuses. Made any payments of any bonuses or compensation other than regular salary payments, or increase in the salaries, or payment on any of its indebtedness, to any of its shareholders, directors, officers, employees, independent contractors or consultants or entry into by it of any employment, severance, or similar contract with any director, officer, or employee, independent contractor or consultant;
Compensation and Bonuses. Neither SCC nor any Subsidiary shall increase ------------------------ the formula in the compensation payable or to become payable to any officers, or make any bonus payment or arrangement to or with any officer, except for the formula as existed during SCC and each Subsidiary's last fiscal or calendar year.
