Common use of Guaranteed Bonus Clause in Contracts

Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Thousand Dollars, ($40,000) per year (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.

Appears in 4 contracts

Samples: Employment Agreement (AuraSource, Inc.), Employment Agreement (AuraSource, Inc.), Employment Agreement (AuraSource, Inc.)

AutoNDA by SimpleDocs

Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Twenty Thousand Dollars, ($40,00020,000) per year (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.

Appears in 2 contracts

Samples: Employment Agreement (AuraSource, Inc.), Employment Agreement (AuraSource, Inc.)

Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Thousand Dollars, ($40,00020,000) per year (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.

Appears in 1 contract

Samples: Employment Agreement (International Packaging & Logistics Group Inc.)

Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Six Thousand Two Hundred Fifty Dollars, ($40,0006,250) per year month (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly monthly and shall be paid in accordance with the Company’s normal payroll practices and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.

Appears in 1 contract

Samples: Employment Agreement (Trestle Holdings Inc)

AutoNDA by SimpleDocs

Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Four Thousand Dollars, One Hundred Sixty Six Dollars ($40,0004,166) per year month (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly monthly and shall be paid in accordance with the Company’s normal payroll practices and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.

Appears in 1 contract

Samples: Employment Agreement (Trestle Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.