Gross Salary Sample Clauses

Gross Salary. The Monthly Salary represents the Executive’s gross salary, and includes all of the salary components and various supplements and benefits and/or all supplements under any law and/or expansion order and/or any special or general collective bargaining agreement that may apply to the relations between the Company and the Executive. It is hereby acknowledged and agreed that all payments to the Executive by the Company, including, without limitation, the Monthly Salary and other benefits and payments of any kind, as provided in this Agreement are, unless otherwise required by law, stated in gross figures, and there shall be deducted therefrom all relevant taxes and/or charges that shall apply to them, at the time of their payment, pursuant to any applicable law.

Gross Salary. During the term hereof, and subject to the performance of the services required to be performed hereunder by Employee, the Company shall pay to the Employee for all services rendered hereunder, as salary, payable not less often than once per month and in accordance with the Company’s normal and reasonable payroll practices, a monthly gross amount equal to $19,250 (the “Gross Salary”). The Gross Salary shall be reviewed periodically and may be favorably adjusted along with other benefits accordingly.

Gross Salary. During the term of this Agreement, and subject to the performance of the services required to be performed hereunder by Employee, the Company shall pay to Employee for all services rendered by Employee under this Agreement, a salary, payable not less often than monthly and in accordance with the Company's normal and reasonable payroll practices, a monthly gross amount equal to NIS forty thousand (NIS 40,000) (the "GROSS SALARY"). The Gross Salary shall be reviewed by the Company on an annual basis or on each anniversary of this Agreement, at the Company's sole discretion. The Gross Salary was agreed between the parties, inter alia, in view of the fact that the Employee's Position, duties and responsibilities are of such nature that require a special degree of trust and that the Company cannot keep track of all overtime hours of the Employee.

Gross Salary. During the term hereof, and subject to the performance of the services required to be performed hereunder by Employee, the Company shall pay to the Employee for all services rendered hereunder, $220,000 as annual base salary, payable not less often than once per month and in accordance with the Company’s normal and reasonable payroll practices, a monthly gross amount equal to $18,333.00 (the “Gross Salary”). The Board of Directors, the Board Chairman and/or the CEO will review the Gross Salary annually and, in its or their sole discretion, consider any increases it or they deem warranted at that time.

Gross Salary. ‌ Gross salary includes any remuneration received by the Employee from the Employer.

Gross Salary. Gross Salary shall mean the gross amount of weekly wages paid to Employee as of the Termination of Employment. Gross Salary does not include the value of any other non-wage benefits provided to Employee, such as medical insurance, vacation, sick leave, or retirement benefits.

Gross Salary. During the term hereof, and subject to the performance of the services required to be performed hereunder by Employee, the Company shall pay to the Employee for all services rendered hereunder, $250,000 annually as base salary, payable not less often than once per month and in accordance with the Company's normal and reasonable payroll practices, a monthly gross amount equal to $20,833 (the "Gross Salary"); provided, however, at the Company's option, Employee may be paid in an amount equal to 50% of the Gross Salary, which will be communicated to the Employee no later than the week preceding the first payroll, for a period of three (3) months from July 1, 2016, with the remaining 50% being deferred until such time as the Company raises at least $2.5 million cash in equity or debt capital at which time the total deferred Gross Salary will be paid to Employee. In no event shall the total deferred Gross Salary be deferred past the first payroll in October, 2016, at which time the total deferred salary shall be paid in full. The Board of Directors will review the Gross Salary annually and, in its sole discretion, consider any increases it deems warranted at that time.

Gross Salary the cost of the employee to the employer (including social rights, bonuses and all other ancillary rights, except option plan), calculated on a yearly basis.

Gross Salary. During the term hereof, and subject to the performance of the services required to be performed hereunder by Employee, the Company shall pay to the Employee for all services rendered hereunder, $200,000 annually as base salary, payable not less often than once per month and in accordance with the Company’s normal and reasonable payroll practices, a monthly gross amount equal to $16,667 (the “Gross Salary”). The Board of Directors will review the Gross Salary annually and, in its sole discretion, consider any increases it deems warranted at that time.