Compensation Fringe Benefits. EMPLOYEE shall receive at least the following additional benefits, which may be extended or increased, but not reduced, by EMPLOYER:
Compensation Fringe Benefits. Compensation shall be determined by each teacher’s step and column of salary schedule, prorated. Each teacher will gain one year of seniority and will move up one half (1/2) step on the salary schedule for each year worked at the job sharing position. Insurance, personal business days, and sick days will be prorated to the percentage of the day worked. If the job sharing teachers each work a half day, their benefits will be calculated at a fifty percent level for example. The teachers may contribute any additional amounts necessary to pay the premium costs for insurance.
Compensation Fringe Benefits. Employer agrees to compensate the Employee for her services during the period of her employment hereunder at a minimum base salary of Two Hundred Ninety-Two Thousand Seven Hundred Fifty and 00/100 Dollars ($292,750) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion, determine. Employee shall also be entitled to participate in the Standex Long Term Incentive Program, the Standex Annual Incentive Program, the Standex Retirement Savings Plan and in such other incentive, welfare, retirement benefit and deferred compensation plans as are made available from time to time to senior management employees of the Employer.
Compensation Fringe Benefits. For all services rendered by Officer pursuant to this Agreement, during the Employment Period, the Company shall compensate Officer as follows:
Compensation Fringe Benefits. 8.01 SALARY SCHEDULES 27 8.02 ADVANCEMENT ON SALARY SCHEDULE 27 8.03 PAY PERIODS/PAY PLANS 27 8.04 SUPPLEMENTAL CONTRACTS 28 8.05 INSURANCES 29 8.06 SEVERANCE PAY UPON RETIREMENT/DEATH 29 8.07 SUPER SEVERANCE 30 8.08 MILEAGE REIMBURSEMENT 39 8.09 REIMBURSEMENT FOR COLLEGE CREDIT 30 8.10 STATE TEACHERS RETIREMENT SYSTEM 31
Compensation Fringe Benefits. Employer agrees to compensate the Employee for his services during the period of his employment hereunder at a minimum base salary of Three Hundred Fifteen Thousand Dollars ($315,000) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine. Employee shall also be entitled to participate in the Standex Long Term Incentive Program, the Standex Annual Incentive Program, and such other incentive, welfare and retirement benefit plans as are made available, from time to time to senior divisional management employees of the Employer, including those described in a letter to the Employee, dated November 27, 2006, offering employment. Additionally, Employee will receive a one time, guaranteed annual bonus for the fiscal year ending June 30, 2007 in the amount equal to One Hundred Thousand Dollars ($100,000), payable in September, 2007. Employer shall establish target annual incentive goals for Employee in connection with the Standex Annual Incentive Program for each subsequent fiscal year after the Initial Term.
Compensation Fringe Benefits. Employer agrees to compensate the Employee for his services during the period of his employment hereunder at a minimum base salary of Three Hundred Thousand ($ 300,000) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine. Employee shall be entitled to participate in the Standex Long Term Incentive Program, the Standex Annual Incentive Program, the Standex Retirement Savings Plan and in such other incentive, welfare and retirement benefit plans as are made available from time to time to senior management employees of the Employer. Employee shall be entitled to the use of an automobile in accordance with the Employer’s Automobile Policy. Employee shall also be entitled to participate in the Relocation Policy of the Employer, as presently in effect and which may be amended from time to time in the sole discretion of the Employer.
Compensation Fringe Benefits. (a) During the Employment Term, as full and complete compensation for the services provided by Executive hereunder, Executive shall be entitled to an annual base salary equal to $144,000 (the “Base Salary”). The Base Salary shall be payable by the Company in regular installments in accordance with the Company’s general payroll practices applicable to senior executives (in effect from time to time) but in any event no less frequently than monthly. Base Salary may be adjusted upward from time to time during the Employment Term in the reasonable discretion of Parent, provided that any decrease in Executive’s compensation, or any other material amendment to this Agreement, shall require the consent of the Executive.
Compensation Fringe Benefits. Employer agrees to compensate the Employee for his services during the period of his employment hereunder at a minimum base salary of Three Hundred Fifteen Thousand Dollars ($315,000) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine. Employee shall also be entitled to participate in the Standex Long Term Incentive Program, the Standex Annual Incentive Program, and such other incentive, welfare and retirement benefit plans as are made available, from time to time to senior divisional management employees of the Employer, including those described in a letter to the Employee, dated November 27, 2006, offering employment.
Compensation Fringe Benefits. A. SALARIES
