Gross Annual Salary Sample Clauses

Gross Annual Salary. Effective from the listing of the shares of Biolingus (Cayman) Limited on NASDAQ, the gross annual salary (excluding any child and education allowances) amounts to CHF 250’000. One thirteenth of it shall be paid out at the end of every calendar month and the rest shall be paid out in November as a thirteenth monthly salary (pro rata temporis if the employment does not last for at least one calendar year. For the avoidance of doubt, if the shares of Biolingus (Cayman) Limited do not list on NASDAQ, then no salary shall be payable by the Employer to the Employee pursuant to this Agreement.
Sample 1
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Gross Annual Salary. £. . . . . . . . . . . . . . . . . . . . .
Sample 1
Gross Annual Salary. The gross annual salary (excluding any child and education allowances) amounts to CHF 559’300. One thirteenth of it shall be paid out at the end of every calendar month and the rest shall be paid out in November as a thirteenth monthly salary (pro rata temporis if the employment does not last for at least one calendar year).
Sample 1
Gross Annual Salary. (i) Gross annual salary will include the following components: The total of all basic salary/wages amounts Shift and penalty allowances Leave loading On call allowances Coordinators allowance Higher duties allowances Overtime payments
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Gross Annual Salary. (i) Gross annual salary will include the following components:  The total of all basic salary/wages amounts  Shift and penalty allowances  Leave loading  On call allowances  Coordinators allowance  Higher duties allowancesOvertime payments
Sample 1
Gross Annual Salary. The Executive shall, while this Agreement remains in effect, receive from the Company as compensation for the services to be rendered and the obligations assumed hereunder, a gross annual salary of US$120,000 (One-hundred and twenty thousand 00/100 dollars of the United State of America), comprised as follows: Base annual salary $113,424.67 Christmas bonus (15 days) $ 4,931.50 Vacation premium (25%) $ 1,643.83 Total gross annual salary $120,000.00 Such compensation shall be payable in monthly installments, in arrears, on the fifteenth and on the last day of every month (hereinafter a "Payday"). In the event that a Payday is not a business day in Mexico, then the compensation shall be paid on the preceding business day. Both parties expressly agree that the Executive's compensation will be reviewed by the Company no later than December 31 of each year, to determine in its sole discretion whether any increase thereof is warranted.
Sample 1
Gross Annual Salary. A gross annual base salary in the amount of $120,000. Said salary shall be subject to all required withholdings and deductions, and shall be payable in accordance with the payroll practice of the Company in effect from time to time. At the expiration of 6 months from the date of this Agreement, and upon the expiration of each 6-month period thereafter, the Employee’s salary shall be reviewed and adjusted on the basis of the salary levels of other executives of the Company, the Employee’s position and performance and other criteria deemed relevant by the Company, provided such salary shall not be decreased other than for Cause.
Sample 1
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Related to Gross Annual Salary

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • 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.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Controller, Associate Professor for one year(s), commencing on July 1, 2021 and terminating on June 30, 2022. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern.

  • 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."

  • 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.

  • Annual Base Salary During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • 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.

  • Basic Salary For all your services rendered under this Agreement, UO shall pay you a salary at an annual rate of no less than $450,000, or at such higher salary as may be determined by your performance review and the Executive Vice President, Human Resources, Legal & Business Affairs, UPR. Such higher salary shall subsequently be deemed the annual rate, commencing on such date as the Executive Vice President, Human Resources, Legal & Business Affairs, UPR may determine, for purposes of this Agreement.

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