Common use of REGULAR REMUNERATION Clause in Contracts

REGULAR REMUNERATION. 21.1 The Executive’s current annual base salary (the “Annual Base Salary”) of $210,000.00, less required withholdings, to be paid in accordance with NAEPI’s usual payroll practices. 21.2 The Executive shall continue to receive compensation in recognition of him using his private vehicle for NAEPI business, which shall consist of a monthly payment of $800 (as amended and adjusted from time to time). In addition, the Executive shall be reimbursed (NAEPI can cap, at its discretion, the amount of the reimbursement) for or receive vehicle insurance paid for by NAEPI, reasonable fuel costs and reasonable maintenance costs. 21.3 The Executive will be entitled to reimbursement for the cost of: (a) annual dues to Federal and Provincial organisations, membership of which is necessary to retain any qualifications related to his employment; (b) annual dues to any work related institute; and (c) reasonable fees and expenses to cover the annual costs of one health or sports club.

REGULAR REMUNERATION. 21.1 1.1 The Executive’s current annual base salary (the “Annual Base Salary”) of $210,000.00210,630.00, less required withholdings, to be paid in accordance with NAEPI’s usual payroll practices. 21.2 1.2 The Executive shall continue to receive compensation in recognition of him using his private vehicle for NAEPI business, which shall consist of a monthly payment of $800 (as amended and adjusted from time to time). In addition, the Executive shall be reimbursed (NAEPI can cap, at its discretion, the amount of the reimbursement) for or receive vehicle insurance paid for by NAEPI, reasonable fuel costs and reasonable maintenance costs. 21.3 1.3 The Executive will be entitled to reimbursement for the cost of: (a) annual dues to Federal and Provincial organisations, membership of which is necessary to retain any qualifications related to his employment; (b) annual dues to any work related institute; and (c) reasonable fees and expenses to cover the annual costs of one health or sports clubmembership in the K▇▇▇▇▇▇ Sports Centre.