Related to Compensation and Hours of Employees Section 1

HOURS OF EMPLOYMENT SEC. 7.01.
Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.
EMPLOYMENT TERM AND COMPENSATION A. The Board hereby employs the Employee for a salary of $4,014 per bi-weekly pay period ($104,370 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, P-20 Educational Partnerships.
Employment Period Compensation In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

Compensation and Hours of Employees Section 1 Sample Clauses