Education Fund. During the Employment Period, the Company shall contribute to an Education Fund (Keren Hishtalmut), on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 2 contracts
Samples: Employment Agreement (Quark Pharmaceuticals Inc), Employment Agreement (Quark Pharmaceuticals Inc)
Education Fund. During the Employment Period, the Company shall contribute to an Education Fund (Keren Hishtalmut), on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her his monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 2 contracts
Samples: Employment Agreement (Quark Biotech Inc), Employment Agreement (Quark Pharmaceuticals Inc)
Education Fund. During the Employment Period, the Company shall contribute to an Education Fund (Keren HishtalmutHishtalmul), on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her his monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 1 contract
Education Fund. During the Employment Period, the Company shall, or shall contribute to an cause one of its Affiliates to, continue the Education Fund (Keren Hishtalmut)) as in effect immediately prior to the Effective Date and contribute thereto, on a monthly basis, 7.5% of the Executive’s 's monthly Salary, subject to the Executive’s 's contribution of an additional 2.5% of her his monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 1 contract
Samples: Noncompetition and Nondisclosure Agreement (Perrigo Co)
Education Fund. During the Employment Period, the Company shall, or shall contribute to an cause one of its Affiliates to, continue the Education Fund (Keren Hishtalmut)) as in effect immediately prior to the Effective Date and contribute thereto, on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her his monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 1 contract
Samples: Noncompetition and Nondisclosure Agreement (Perrigo Co)
Education Fund. During the Employment Period, the Company shall contribute to an Education Fund (Keren Hishtalmut)) , on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 1 contract
Education Fund. During the Employment Period, the Company shall contribute to an Education Fund (( Keren HishtalmutHishtalmut ), on a monthly basis, 7.5% of the Executive’s monthly Salary, subject to the Executive’s contribution of an additional 2.5% of her his monthly Salary. All tax obligations related to the Education Fund shall be borne by the Executive.
Appears in 1 contract
