Common use of Compensation Fringe Benefits Clause in Contracts

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.

Appears in 2 contracts

Samples: Employment Agreement (Standex International Corp/De/), Employment Agreement (Standex International Corp/De/)

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Compensation Fringe Benefits. Employer agrees to compensate the Employee for her his services during the period of her his employment hereunder at a minimum base salary of Two One Hundred Ninety-Two Thirty Five Thousand Seven Hundred Fifty and 00/100 Dollars ($292,750135,000) per annum, payable semi-semi- monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee Chief Financial Officer of the Board of Directors of Employer shall, in their sole discretionwith approval of the Chief Executive Officer, 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, welfare and retirement benefit and deferred compensation plans as are made available available, from time to time to senior management employees of the Employer.

Appears in 1 contract

Samples: Employment Agreement (Standex International Corp/De/)

Compensation Fringe Benefits. Employer agrees to compensate the Employee for her his services during the period of her his employment hereunder at a minimum base salary of Two Hundred Ninety-Two Thirty Five Thousand Seven Hundred Fifty and 00/100 Dollars ($292,750235,000) 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, 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, welfare and retirement benefit and deferred compensation plans as are made available available, from time to time time, to senior divisional management employees of the Employer.

Appears in 1 contract

Samples: Employment Agreement (Standex International Corp/De/)

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Compensation Fringe Benefits. Employer agrees to compensate the Employee for her his services during the period of her his employment hereunder at a minimum base salary of Two Hundred Ninety-Two Seventy Thousand Seven Hundred Fifty and 00/100 Dollars ($292,750270,000) 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, 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, welfare and retirement benefit and deferred compensation plans as are made available available, from time to time to senior management employees Senior Executives of the Employer.

Appears in 1 contract

Samples: Employment Agreement (Standex International Corp/De/)

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