Common use of Gratuity Clause in Contracts

Gratuity. The Manager will be entitled each year to a gratuity equivalent to 25% of his yearly aggregate salary. At the end of the contract the figure shall be computed based on the current salary.

Appears in 3 contracts

Sources: Employment Agreement, Ceo/Manager Employment Contract, Ceo/Manager Employment Contract

Gratuity. The Manager will be entitled each year to a gratuity equivalent to 25% of his yearly aggregate salary. At the end of the contract the figure shall be computed based on the current current/recent salary.

Appears in 1 contract

Sources: Ceo/Manager Employment Contract