Other Benefits and Compensation Sample Clauses

Other Benefits and Compensation. The compensation and benefits provided hereunder shall not limit or reduce compensation or benefits otherwise payable to Employee pursuant to arrangements between Employee and the Company, unless specific reference to any such reduction or limit is made herein. It is not intended that this Agreement constitute a waiver of rights under federal, state or local law, including, without limitation, Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act and the Employee Retirement Income Security Act of 1974.
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Other Benefits and Compensation a. Health insurance coverage shall be provided to Employee comparable to the coverage being provided to Executives in comparable positions with Carnegie International Corporation ("Carnegie").
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Other Benefits and Compensation. The compensation and benefits provided hereunder shall not limit or reduce compensation or benefits otherwise payable to Executive pursuant to arrangements between Executive and the Corporation, unless specific reference to any such reduction or limit is made herein. It is not intended that this Agreement constitute a waiver of rights under federal, state or local law, including, without limitation, Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act and the Employee Retirement Income Security Act of 1974.
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Other Benefits and Compensation. (a) EFIP. During the Term the Executive will be enrolled in the Enhanced Xxxxxxxxx Incentive Plan (EFIP), at a targeted participation level of 60%. With respect to the 2004 measurement period, the Company shall pay the Executive a minimum EFIP bonus equal to that which would be paid at the 100% target level assuming the Executive would have been employed for the entire measurement period (or $189,000), regardless of whether the Company achieves its 100% target goal for that period and regardless of whether other EFIP participants receive an EFIP bonus for such period. If the Company exceeds the 100% target goal for that period, additional payments may be made to the Executive in accordance with the plan. The Executive shall be solely responsible for all income and other taxes based on EFIP bonus payments, and the Company will make all appropriate withholdings relating to such taxes.
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Other Benefits and Compensation. Any improvements in fringe benefits as may be developed through bargaining or provided on any other basis to teachers or administrators will automatically apply to the Executive Director and will include, as a minimum, the following:
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Other Benefits and Compensation. During and after the Transition Period, you will be eligible for certain employee benefit plans only as detailed below.
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Other Benefits and Compensation. Except as may be expressly provided herein, this Agreement is not intended to affect, increase or restrict Executive’s benefits, rights and coverages under the separate employee benefit plans, policies and programs generally maintained by the Company for the benefit of its employees or officers in which Executive participated as of his Separation Date, including any contribution that may be due to Executive under the terms of the Company’s tax-qualified retirement plan with respect to Executive’s compensation paid or accrued during the Company’s 2008 fiscal year; provided that Executive acknowledges that he is not entitled to a bonus under the Company’s Annual Incentive Plan for services that he performed in 2008, that he will not be entitled to a bonus under such plan with respect to any services that he has performed during 2009, and that any amount paid pursuant to paragraph 3 hereof shall not be taken into account for purposes of any contribution to any such plan or be eligible for deferral thereunder.
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Other Benefits and Compensation. Except as may be expressly provided herein, this Agreement is not intended to affect or restrict Executive’s benefits, rights and coverages under the separate employee benefit plans, policies and programs generally maintained by the Company for the benefit of its employees or officers in which Executive participated as of his Separation Date; provided that Executive acknowledges that he is not entitled to a bonus under the Company’s bonus program for 2019 or any prior year.
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Other Benefits and Compensation 
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Related to Other Benefits and Compensation

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Other Benefits During the Term, the Executive shall be eligible to participate in or receive benefits under the Company’s employee benefit plans in effect from time to time, subject to the terms of such plans.

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2(b). The Association shall pay Executive as compensation a salary of not less than $_____________ per year ("Base Salary"). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive's Base Salary shall be reviewed at least annually. Such review may be conducted by a Committee designated by the Board, and the Board may increase, but not decrease (except a decrease that is generally applicable to all employees), Executive's Base Salary (any increase in Base Salary shall become the "Base Salary" for purposes of this Agreement). In addition to the Base Salary provided in this Section 3(a), the Association shall provide Executive at no cost to Executive with all such other benefits as are provided uniformly to permanent full-time employees of the Association. Base Salary shall include any amounts of compensation deferred by Executive under qualified and nonqualified plans maintained by the Association.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows:

  • Severance Compensation In the event (i) Employee terminates this Agreement for Good Reason in accordance with Paragraph 11.3 hereof; (ii) Employee is terminated for any reason (except death or disability) upon, or within six months following, a "Change in Management or Control (as such term is defined in Paragraph 11.5 hereof);" or (iii) Employee is terminated without Cause, the Company shall be obligated to pay severance compensation to Employee in an amount equal to his salary compensation (at the rate payable at the time of such termination) for a period of six (6) months from the date of termination. Notwithstanding the foregoing, if Employee is employed by a new employer, or as a consultant after the termination of this Agreement, the severance compensation payable to Employee hereunder shall be reduced by the amount of compensation that Employee actually receives from the new employer, or as a consultant. However, Employee shall have a duty to inform the Company that he has obtained such new employment, and the failure to do so is a material breach of this Agreement. In such event, the Company shall be entitled to (i) cease all payments to Employee under this Paragraph 11.4; and (ii) recover any unauthorized payments to Employee in an action for breach of contract. Notwithstanding anything else in this Agreement to the contrary, solely in the event of a termination upon or following a Change in Management or Control, the amount of severance compensation paid to Employee hereunder shall not include any amount that the Company is prohibited from deducting for federal income tax purposes by virtue of Section 280G of the Internal Revenue Code of 1986, as amended, or any successor provision. In addition to the foregoing severance compensation, the Company shall pay Employee (i) all compensation for services rendered hereunder and not previously paid; (ii) accrued vacation pay; and (iii) any appropriate business expenses incurred by Employee in connection with his duties hereunder and approved pursuant to Section 4 hereof, all through the date of termination. Employee shall not be entitled to any bonus compensation, whether vested or unvested; or any other compensation, benefits or reimbursement of any kind.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Other Compensation and Benefits Except as may be provided under this Agreement,

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

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