Compensation Salary. During the Employment Period, Company shall pay Employee salary at the rate of (i) $10,000 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”) or, in the event that Payday falls on a Saturday, Sunday or holiday, on the next business day. Salary may be paid, at the Company’s sole discretion, either in
Compensation Salary. During the Employment Period, Company shall pay Employee salary at the rate of:
Compensation Salary. For Employee’s services under this Agreement, the Company will pay to Employee an annual base salary of $250,000 during the Employment Period, less all previously authorized or required deductions and withholding (“Salary”). Such Salary will be payable periodically consistent with the normal practices of the Company; provided that Salary shall be paid ratably in installments not less than once a month. On the first day of each fiscal year during the Employment Period, Employee’s annual base salary will be increased by an amount equal to at least three percent (3%) of Employee’s annual base salary for the immediately preceding fiscal year.
Compensation Salary. So long as funds are available to the Corporation, after the payment of all expenses, payroll, taxes and fees, the Shareholders shall receive the following compensation from the Corporation:
Compensation Salary. Paragraph 3(a) shall be amended to add the following sentence at the end thereof: "Your Salary will be increased on May 1, 2003 to One Million Dollars ($1,000,000) a year for the balance of the Term."
Compensation Salary. Paragraph 3(a) shall be amended to replace the second sentence with the following sentence: "Your Salary will be increased on January 1, 1999 to Five Hundred Seventy Five Thousand Dollars ($575,000) per annum and on January 1, 2000 to Six Hundred Twenty Five Thousand Dollars ($625,000) per annum."
Compensation Salary. Until termination of Officer's employment hereunder, unless otherwise provided herein, the Company shall pay Officer an annual base salary of not less than $108,000, provided that such annual salary shall be increased to $120,000 on July 1, 2012 (pro-rated for the remainder of the 2012 calendar year), less applicable withholdings, payable in equal monthly (or other more frequent periodic) installments at the usual times as payment of compensation to the Company's senior Officers. A review of Officer's performance shall be held on an annual basis in each January until the termination of this Agreement.”
Compensation Salary. The Board and the E.E.A. agree to a 2021-22 school year base wage increase of 1.23% over each bargaining unit member’s 2020-21 annual base wage excluding those members that were on an active plan of improvement during the 2020-21 school year. • In the event that the increase identified in paragraph 2.0(a) above exceeds the amount of increase allowable by law as a mandatory subject of bargaining, such increase which is permitted shall be contractually enforced.
Compensation Salary. Paragraph 3(a) shall be amended to replace the second sentence with the following sentence: "Your Salary shall be increased on March 1, 2002 to Five Hundred Thirty Thousand Dollars ($530,000) a year, on March 1, 2003 to Five Hundred Sixty Thousand Dollars ($560,000) a year and on March 1, 2004 to Five Hundred Ninety Thousand Dollars ($590,000) a year."
Compensation Salary. The salary schedules shall reflect the following increases: Year 1 – 1% on the base with no step (with a 2% employee appreciation bonus paid in September 2014) Year 2 – 1.25% base and steps resume Year 3 – 1.25% increase on the base (steps continue)
