Effective Salary Sample Clauses

Effective Salary. (*Required for Interims) 1. Annual Cash Salary $
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Effective Salary. 1. The effective salary within the meaning of these Regulations is equivalent to 12 times the member’s monthly AHV salary. It may not exceed the salary subject to the AHV. Changes in the annual salary that occur during the year are taken into account.
Sample 1
Effective Salary. Cash Salary(can include 403(b)(9) employee deferral ) $ Housing Allowance $ 403(b)(9) Employee and Employer Contribution (accrues BOP Credits) $ Social Security Supplement (amount that exceeds 7.65% of salary + housing) $ TOTAL Effective Salary: (must meet Presbytery’s minimum Terms of Call) C. Board of Pension Dues Effective Salary X requisite BOP rate $
Sample 1
Effective Salary. 2013-2014 Employees will be paid an additional 43 cents per hour added to their 2012 – 2013 hourly rate. 2014-2015 Employees will be paid an additional 45 cents per hour added to their 2013 – 2014 hourly rate. 2015-2016 Employees will be paid an additional 46 cents per hour added to their 2014 – 2012 hourly rate. Effective July 1, 2010, the parties agree to abolish the step schedule with unit member receiving the additional hourly adjustment set forth in the chart above. On July 1, 2016 and each July thereafter, until agreement is reached on a successor Agreement to this Agreement, any GSSA member who is continuing employment in the District shall have his or her salary increased by one and three quarters percent (1.75%) to determine the new hourly rate. Newly Hired Staff Association Members’ hourly rate will be based in accordance with Appendix A (Minimum Rates of Pay). Employees may be hired within a range determined by the District with this rate of pay serving as the minimum. Driver/Helper position will receive a $1 per hour onetime adjustment to the hourly rate exclusive of the salary increase detailed in the chart above. All Nurse positions will receive $2 per hour onetime adjustment to the hourly rate exclusive of the salary increase detailed in the chart above.
Sample 1

Related to Effective Salary

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $250,000, payable in regular installments in accordance with the Company's usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Salary, Bonus and Benefits During the Employment Period, Employer will pay Executive a base salary (the “Annual Base Salary”) of $165,000 per annum, subject to any increases as determined by the Board based upon the Company’s achievements of budgetary and other objectives set by the Board. For any fiscal year, Executive shall be eligible for an annual bonus of up to 50% of the Executive’s then applicable Annual Base Salary based upon the achievement by the Company, Employer and their Subsidiaries of budgetary and other objectives set by the Board; provided that with respect to the first year for which Executive is eligible for a bonus, such bonus shall be paid on a pro rata basis based upon that portion of the year that remained after the date of this Agreement. In addition, during the Employment Period, Executive will be entitled to such other benefits approved by the Board and made available to the senior management of the Company, Employer and their Subsidiaries.

  • Base Salary and Benefits a. During the Employment Period, Executive's base salary shall be $180,000 per annum (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices, including those related to withholding for taxes, insurance and similar items. Executive's Base Salary shall be increased on January 1 of each calendar year, commencing January 1, 1998, by the Adjustment Percentage (as defined below) of the Base Salary applicable to the previous fiscal year. As used herein, "

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Severance Period For purposes of this Agreement, “Severance Period” means the period of time commencing immediately after Executive’s separation of service from the Company through the date that is six (6) months following such separation date, plus an additional two (2) months for every fully completed Year of Service; provided, however, that in all cases the Severance Period will end no later than on the twelve (12)-month anniversary of the date of Executive’s termination of employment.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Salary Severance A single, lump sum payment equal to twelve (12) months of the Executive’s Salary, less applicable withholdings.

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