Compensation Benefits and Reimbursement of Expenses. (a) As compensation for his services hereunder, the Subsidiary shall pay Executive an annual base salary of Two Hundred Sixty Thousand Dollars ($260,000.00). Such salary shall be paid in accordance with the normal payroll practices of the Subsidiary and shall be subject to such deductions and withholdings as are required by law or by the policies of the Subsidiary, from time to time in effect.
Appears in 2 contracts
Samples: Employment Agreement (Sed International Holdings Inc), Employment Agreement (Sed International Holdings Inc)
Compensation Benefits and Reimbursement of Expenses. (a) As compensation for his services hereunder, the Subsidiary shall pay Executive an annual base salary of Two Three Hundred Sixty Seventy-Five Thousand Dollars ($260,000.00375,000.00). Such salary shall be paid in accordance with the normal payroll practices of the Subsidiary and shall be subject to such deductions and withholdings as are required by law or by the policies of the Subsidiary, from time to time in effect.
Appears in 1 contract
Samples: Employment Agreement (Sed International Holdings Inc)
Compensation Benefits and Reimbursement of Expenses. (a) As compensation for his services hereunder, the Subsidiary shall pay Executive an annual base salary of Two Hundred Sixty One Thousand Seven Hundred Dollars ($260,000.00)261,700.00) . Such salary shall be paid in accordance with the normal payroll practices of the Subsidiary and shall be subject to such deductions and withholdings as are required by law or by the policies of the Subsidiary, from time to time in effect.
Appears in 1 contract
Samples: Employment Agreement (Sed International Holdings Inc)