Salary Sample Clauses
The Salary clause defines the amount and terms of monetary compensation an employee will receive for their work. It typically specifies the base pay, the frequency of payment (such as weekly or monthly), and may outline any conditions for salary adjustments or bonuses. This clause ensures both parties have a clear understanding of the employee's earnings, helping to prevent disputes and providing financial certainty.
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Salary. The Company shall pay to Executive a salary (“Base Salary”) at the annual rate of $150,000. Executive’s compensation shall be paid in equal, periodic installments in accordance with the Company’s normal payroll procedures.
Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.
Salary. Employees appointed to a position as a result of a layoff action will have their salary determined as follows:
Salary. For Executive’s services hereunder, Employer shall pay as base salary to Executive the amount of $188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine. is hereby amended, effective January 1, 2008, to provide as follows:
Salary. 1. The local salary grids are amended to reflect the following general wage increases: a. July 1, 2014–June 30, 2015
i. Effective September 1, 2014: 2.0% increase
ii. Effective January 1, 2015: 1.25% increase
Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.
Salary. Executive shall receive for Executive’s services to be rendered under this Agreement an initial base salary of $400,000 on an annualized basis, subject to review and adjustment by the Company in its sole discretion, payable subject to standard federal and state payroll withholding requirements in accordance with the Company’s standard payroll practices (“Base Salary”).
Salary. Executive will be paid a base salary at the annual rate of $200,000.00 (“Base Salary”), payable in accordance with the Company’s standard payroll practices.
Salary. Executive shall receive an annualized base salary of $325,000, subject to review and adjustment by the Company in its sole discretion, and payable subject to standard federal and state payroll withholding requirements in accordance with the Company’s standard payroll practices (“Base Salary”).
Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.