Common use of Monthly Salary Clause in Contracts

Monthly Salary. 4.1. In consideration for the Employee's employment and the performance of his other undertakings to the Company pursuant to this Agreement, the Company shall pay the Employee, by no later than the 9th of each month in respect of the preceding month, a monthly salary (gross) of NIS in an amount equal to US$ 8,000 (the "Monthly Salary").

Appears in 3 contracts

Samples: Employment Agreement (On Track Innovations LTD), Employment Agreement (On Track Innovations LTD), Employment Agreement (On Track Innovations LTD)

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Monthly Salary. 4.1. In consideration for the Employee's ’s employment and the performance of his other undertakings to the Company and the Subsidiaries pursuant to this Agreement, the Company shall pay the Employee, by no later than the 9th of each month in respect of the preceding month, a monthly salary (gross) of NIS in an the amount equal to US$ 8,000 stated in Annex A hereto (the "Monthly Salary").

Appears in 1 contract

Samples: Employment Agreement (On Track Innovations LTD)

Monthly Salary. 4.1. In consideration for the Employee's employment and the performance of his other undertakings to the Company pursuant to this Agreement, the Company shall pay the Employee, by no later than the 9th of each month in respect of the preceding month, a monthly salary (gross) of NIS in an amount equal to US$ 8,000 13,000 (the "Monthly Salary").

Appears in 1 contract

Samples: Employment Agreement (On Track Innovations LTD)

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Monthly Salary. 4.1. In consideration for the Employee's employment and the performance of his other undertakings to the Company and the Subsidiaries pursuant to this Agreement, the Company shall pay the Employee, by no later than the 9th of each month in respect of the preceding month, a monthly salary (gross) of NIS in an the amount equal to US$ 8,000 stated in Annex A hereto (the "Monthly Salary").

Appears in 1 contract

Samples: Personal Employment Agreement (On Track Innovations LTD)

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