Common use of Payment of Compensation Clause in Contracts

Payment of Compensation. Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates.

Appears in 13 contracts

Samples: Separation Agreement and Release (WMG Acquisition Corp), Separation Agreement and Release (Warner Music Group Corp.), Separation Agreement and Release (Warner Music Group Corp.)

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Payment of Compensation. Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates; provided that the only such services that you may be required to perform are occasional services for subsidiaries or affiliates of Company appropriate to your position.

Appears in 3 contracts

Samples: Warner Music Group Corp., Warner Music Group Corp., Warner Music Group Corp.

Payment of Compensation. Compensation accruing to you during the Term your employment with Company shall be payable in accordance with the regular payroll practices of Company for employees at your levellevel and shall be subject to applicable withholding, social security taxes and other ordinary and customary payroll deductions, including medical and other insurance premiums. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates.

Appears in 1 contract

Samples: Warner Music Group Corp.

Payment of Compensation. Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates; provided, that, you shall primarily be providing services to the Company.

Appears in 1 contract

Samples: Warner Music Group Corp.

Payment of Compensation. Compensation accruing to you during the Term your employment with Company shall be payable in accordance with the Company’s regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates.

Appears in 1 contract

Samples: Warner Music Group Corp.

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Payment of Compensation. Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates; provided that, the only such services that you may be required to perform are occasional services for other WMG Corp. companies appropriate to your position.

Appears in 1 contract

Samples: Separation Agreement and Release (Warner Music Group Corp.)

Payment of Compensation. Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for far performing any services for Company’s subsidiaries or affiliates.

Appears in 1 contract

Samples: Warner Music Group Corp.

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