Common use of SALARIED STATUS Clause in Contracts

SALARIED STATUS. Employee understands and agrees that he is a salaried employee of management status, and as such is not entitled to overtime wages unless under special circumstances and specifically agreed to in writing.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Accelera Innovations, Inc.), Stock Purchase Agreement (Accelera Innovations, Inc.), Purchase Agreement (Accelera Innovations, Inc.)