Direct Compensation. In consideration of the services to be provided by Executive, Executive shall receive compensation, less all applicable taxes, social security payments and other items that ARC is required by law to withhold or deduct therefrom, as follows:
Direct Compensation. §20.1 The State shall prepare, secure introduction and recommend passage by the Legislature of appro- priate legislation in order to provide the benefits described in this Article.
Direct Compensation. In consideration for Foundation services including but not limited to the responsibilities listed in Section 5: Foundation Responsibilities, the University shall provide the Foundation with fair and reasonable compensation or payment for services. The amount of compensation will be negotiated and agreed upon on a biennial basis (or more frequently if so agreed by both parties) prior to the agreement period in which the compensation is to be paid. The compensation amounts and payment dates for each of the fiscal years immediately subsequent to the date of this agreement are included as Appendix A: Direct Compensation Agreement.
Direct Compensation. During the term of this Agreement, EMPLOYEE shall, subject to the terms and conditions set forth herein, receive a base salary in the amount of $120,000, payable in accordance with EMPLOYER's normal payroll practice.
Direct Compensation. For his service hereunder during the Employment Term and, if applicable, during the Extended Employment Term, Executive will receive a base salary payable at an annual rate of $400,000.00 the "Base Salary"), to be paid in accordance with the normal practices for remunerating Titan’s salaried executive employees. Nothing in this Agreement will be deemed to prohibit an increase at any time in the Executive’s Base Salary if Titan's Board of Directors approves the same in its sole discretion (as so approved and adjusted, the "Adjusted Base Salary").
Direct Compensation. For the service thereunder during the Employment Term and, if applicable, during the Extended Employment Term, Executive will receive a base salary payable at an annual rate of $225,000.00 (the “Base Salary”), to be paid in accordance with the normal practices for remunerating Titan executive management. Nothing in the Agreement will be deemed to prohibit an increase at any time in the Base Salary if Titan’s Board of Directors approves. (The Base Salary, if so adjusted, is therein called the “Adjusted Base Salary”). In addition to salary, each calendar year, the Executive shall be entitled to receive a bonus from (0%) to of seventy-five percent (75%) of her salary based on performance with specified criteria. The Board of Directors will establish the bonus and performance standards at the beginning of each year. The Executive shall receive stock options of up to a minimum of fifty percent (50%) of her base salary and in shares of the Company stock under the Company Stock Incentive Plan that shall vest and become exercisable as prescribed by the Plan. The Executive during the Employment term shall be entitled to four weeks of vacation plus Titan designated holidays in each year and shall, during such periods, be entitled to remuneration as hereinbefore provided and car allowance.
Direct Compensation. The amounts of the annual cash performance bonus, the Annual Executive Incentive Awards and the Service Company Term Awards payable by each Service Company directly to Executive pursuant to Section 2.5(b) of this Agreement shall be determined as follows: · Annual Cash Performance Bonus. Executive’s aggregate target annual cash performance bonus amount of $17 million (“Aggregate Annual Target Cash Bonus”) is allocated to each Service Company based on its respective Executive Percentage and may be made subject to the achievement of one or more performance metrics as described in Section 4.3 of the Executive Employment Agreement;
Direct Compensation. Direct compensation is compensation paid directly from the Plan (including amounts deducted from participant accounts) based upon the services that LPL and/or your Representative provide. Compensation may be paid as follows:
Direct Compensation. (a) In consideration for services rendered and -------------------- to be rendered by the Employee hereunder during the Employment Period, the Employee shall receive a salary of One Hundred Twenty Thousand ($120,000) Dollars per year, which shall be paid semi-monthly ($5,000.00) in arrears or at such other intervals as other employees are paid.
Direct Compensation. 5. All Market Inc. will provide to each Class Members that qualify Compensation in the following manner:
