Common use of Compensation Calculation Clause in Contracts

Compensation Calculation. 3.1 Annual salary for the period between March 1st, 2017 and February 28th, 2018 is 93,370,393 KRW which consists of basic salary, legal allowance and other allowance. 3.2 Basic salary is 65,709,993 KRW and it is calculated as below - Basic Salary = Monthly Basic Salary X 12

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Emarine Global Inc.)

Compensation Calculation. 3.1 Annual salary for the period between March 1st, 2017 and February 28th, 2018 is 93,370,393 94,188,353 KRW which consists of basic salary, legal allowance and other allowance. 3.2 Basic salary is 65,709,993 66,293,132 KRW and it is calculated as below - Basic Salary = Monthly Basic Salary X 12

Appears in 1 contract

Sources: Employment Agreement (Emarine Global Inc.)