Common use of Fixed Pay Clause in Contracts

Fixed Pay. During the Employment Term, the Company will pay Executive an annual salary of Rupees Eight Crores (INR 80,000,000) as compensation for his services (the “Fixed Pay”). The Fixed Pay will be paid monthly in accordance with the Company’s normal payroll practices and be subject to the usual, required withholdings.

Appears in 3 contracts

Sources: Executive Employment Agreement (Infosys LTD), Executive Employment Agreement, Executive Employment Agreement

Fixed Pay. During the Employment Term, the Company will pay Executive an annual salary of Rupees Eight Crores Six Fifty Lakhs (INR 80,000,00065,000,000) as compensation for his services (the “Fixed Pay”). The Fixed Pay will be paid monthly in accordance with the Company’s normal payroll practices and be subject to the usual, required withholdings.

Appears in 1 contract

Sources: Executive Employment Agreement (Infosys LTD)