Fixed Compensation. For the services to be rendered by the Employee under this Agreement the Company shall pay Employee a fixed compensation of $52,000 per year (inclusive of any amounts subject to federal or state employment related withholding requirements), payable in arrears in equal weekly installments or otherwise as the parties may agree (“Fixed Compensation”).
Appears in 3 contracts
Samples: Employment Agreement (Deer Valley Corp), Employment Agreement (Deer Valley Corp), Employment Agreement (Deer Valley Corp)
Fixed Compensation. For the services to be rendered by the Employee under this Agreement Agreement, the Company shall pay Employee a fixed compensation of $52,000 150,000 per year (inclusive of any amounts subject to federal or state employment related withholding requirements), payable in arrears in equal bi-weekly installments or otherwise as the parties may agree (“Fixed Compensation”). Employee may, from time to time, be eligible for a merit-based increase in his or her Fixed Compensation, as the Board, in its sole discretion, shall determine.
Appears in 2 contracts
Samples: Employment Agreement (Deer Valley Corp), Employment Agreement (Deer Valley Corp)
Fixed Compensation. For the services to be rendered by the Employee under this Agreement the Company Agreement, Employer shall pay Employee a fixed compensation of $52,000 91,000 per year (inclusive of any amounts subject to federal or state employment related withholding requirements), payable in arrears in equal weekly installments or otherwise as the parties may agree (“Fixed Compensation”).
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