Compensation of the Executive. 3 4. Termination.........................................................................4 5. Confidential And Proprietary Information; Nonsolicitation...........................7 6.
Compensation of the Executive. 3 4. TERMINATION........................................................... 4
Compensation of the Executive. (a) As compensation for the services provided by the Executive under this Agreement, the Company will pay the Executive an annual salary of $240,000.00, to be paid in accordance with the Company's usual payroll procedures (the “Salary”).
Compensation of the Executive. (i) During the Active Period, the compensation shall be the amount fixed by the Board of Directors of the Company from time to time;
Compensation of the Executive. For the performance of his duties hereunder in all capacities, the Executive shall be compensated by and entitled to compensation by the Company as follows:
Compensation of the Executive. 1. The Employer shall pay the Executive a basic annual salary of $275,000 and the Executive shall be given consideration for performance based bonuses and salary increases on a semi- annual basis with the first such review to take place six months after the effective date of this Employment Agreement. In consideration of the receipt of this compensation, the Executive shall be responsible to allocate such time as would be required to meet the requirements of the chief executive officer of mPhase Technologies, Inc.
Compensation of the Executive. (a) The Corporation shall pay the Executive as compensation for his services hereunder during the Initial Term, the following annual base salaries (the “Base Salary”), less such deductions as shall be required to be withheld by applicable law and regulations: Year 1 - $180,000 Year 2 - $180,000 Year 3 - $180,000 The Board shall review the Base Salary annually following the Initial Term and shall increase such Base Salary in its discretion. The Base Salary shall be paid in periodic instalments in accordance with the Corporation's regular payroll practices.
Compensation of the Executive. 2 TERMINATION .............................................. 5 CONFIDENTIAL AND PROPRIETARY INFORMATION; NONSOLICITATION. 10 ASSIGNMENT AND BINDING EFFECT ............................ 10 NOTICES .................................................. 10
Compensation of the Executive. Commencing with the date of _________, ____, and for the remainder of the above term, and any extensions or renewals thereof, the Company shall pay to the Executive at the end of each calendar month a salary of __________________ __________________________________ Dollars ($___________) or ____________ shares per annum at the discretion of the Board of Directors.
Compensation of the Executive. 1. The Employer shall pay the Executive an annual salary of $123,000 and the Executive shall be given consideration for performance based bonuses and salary increases on an annual basis with the first such review to take place six months after the effective date of this Employment Agreement. In consideration of the receipt of this compensation on a bi-weekly basis, the Executive shall provide her full time, energy and skill in the performance of her employment duties in the area of marketing telecommunications products. Without limiting the foregoing, mPhase Technologies, Inc. will also pay Xxxxx X. Xxxxxxx upon her execution of this Agreement the sum of $2,500 as a sign-on bonus.
