Common use of Compensation and Fringe Benefits Clause in Contracts

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 4 contracts

Samples: Employment Agreement (Zymogenetics Inc), Employment Agreement (Zymogenetics Inc), Employment Agreement (Zymogenetics Inc)

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Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 270,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 3 contracts

Samples: Employment Agreement (Zymogenetics Inc), Employment Agreement (Zymogenetics Inc), Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his her duties and obligations a salary of $240,000 190,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 2 contracts

Samples: Employment Agreement (Zymogenetics Inc), Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 250,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his her duties and obligations a salary of $240,000 340,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his her duties and obligations a salary of $240,000 220,928 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 275,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

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Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 300,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 221,550 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 350,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

Appears in 1 contract

Samples: Employment Agreement (Zymogenetics Inc)

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