Common use of Current Compensation Clause in Contracts

Current Compensation. During the Initial Term and any Renewal Term you will be paid a base salary of $125,000 per year ("Base Salary"), plus a 20% increase for additional year, payable monthly in accordance with the Company's normal payroll practice. In addition to the Base Salary, you will be entitled to receive a bonus of 20% per year to be paid in 12 equal installments PERF GO GREEN INC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Current Bonus"), upon receiving first significant purchase order. Any Sales and Override Commissions earned shall be payable ten (10) days following the end of the prior calendar quarter, provided that the Company has received such auction revenue from the client or its agent, as the case may be.

Current Compensation. During the Initial Term and any Renewal Term you will be paid a base salary of $125,000 175,000 per year ("Base Salary"), plus a 20% increase for additional year, payable monthly in accordance with the Company's normal payroll practice. In addition to the Base Salary, you will be entitled to receive a bonus of 20% per year to be paid in 12 equal installments (the "Current Bonus"), upon receiving first significant purchase order. PERF GO GREEN INC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (the "Current Bonus"), upon receiving first significant purchase order. Any Sales and Override Commissions earned shall be payable ten (10) days following the end of the prior calendar quarter, provided that the Company has received such auction revenue from the client or its agent, as the case may be.