Compensation and Other Payments a. ANNUAL SALARY. Annual salary shall be set at $120,000.00 per annum payable in regular installments but in no event less often than monthly.
Compensation and Other Payments. Xxxxxxx Xxxxxx agrees to pay Cendant Operations, in accordance with Section 1.9, an amount equal to the sum of the following items (collectively, the “Xxxxxxx Xxxxxx Payables”):
Compensation and Other Payments. (a) Subject to Section 1.10, and except as provided on Exhibit A or Exhibit B hereto, for any Services provided through March 31, 2008, the Service Recipient agrees to pay the Service Provider to such Services Agreement (or, if the Service Provider so directs, to a Subsidiary of the Service Provider) in accordance with Section 1.12, an amount equal to the sum of the following items:
Compensation and Other Payments. Subject to Section 1.10, each Service Recipient Party to a Services Agreement agrees to pay the Service Provider Party to such Services Agreement (or, if the Service Provider so directs, to an Affiliate of the Service Provider) in accordance with Section 1.12, an amount equal to the sum of the following items (collectively, the “Service Recipient Payables”):
Compensation and Other Payments. 1 4.1 SALARY ................................................................................ 1 4.2 MAKE WHOLE PAYMENT .................................................................... 2 4.3
Compensation and Other Payments. (a) Each Service Recipient under a Services Agreement agrees to pay the Service Provider under such Services Agreement (or, if the Service Provider so directs, to an Affiliate of the Service Provider) in accordance with Section 1.8, an amount equal to the amounts provided for in the relevant Services Agreement (the “Service Recipient Payables”).
Compensation and Other Payments. In compensation for these duties and in consideration for your signing this Agreement, Valspar will pay and provide the following: • Continue to pay your base salary, currently $950,000 annually, in equal installments at regular payroll intervals through the Retirement Date. • Pay the incentives that Valspar would otherwise pay you under the Key Employee Annual Bonus Plan for fiscal year 2011, including: o Earned annual cash bonus o Earned restricted award value, to be paid in cash in lieu of restricted stock and restricted stock units Actual payouts determined based on corporate performance measures (net income growth, net revenue growth and growth in pre-tax return on capital). Lump sum cash payments to be made no later than December 31, 2011. • Continue your active participation in Valspar employee benefit plans, policies, practices and programs through the Retirement Date for which you are eligible in accordance with their respective terms, at Valspar’s cost, subject to regular employee contributions required under the plans and programs you have elected. • Continue your participation in the Executive Physical program for calendar year 2011, and continue your participation in the Executive Financial Planning program (tax preparation and planning) through calendar year 2012, for the preparation of your 2011 tax return. • Pay you for all unused vacation in your last regular paycheck following your Retirement Date. The payments of compensation described above shall be subject to appropriate deductions and withholding.
Compensation and Other Payments. (A) As compensation for the Franchise, the Grantee shall pay, or cause to be paid, to the Grantor the amounts set forth in this Section 6(A)–
Compensation and Other Payments. (a) Service Recipient shall pay twenty-five million dollars ($25,000,000) to Service Provider for the Services set forth herein and on Exhibit A in equal quarterly installments for the duration of the Initial Term (the “Base Fees”).
Compensation and Other Payments. In respect of Executive’s service to Parent and the Company pursuant to the terms of the 2006 Employment Agreement, as modified by this agreement, Company will pay to Executive the following amounts:
