Salary & Benefits. Add'l Comp Who pays for all Personnel compensation including salary, benefits, bonus, other additional compensation and payroll taxes? Travel Subject to Pass-Through Expenses in Exhibit 4, who pays for Personnel travel? Training Who pays for training of Personnel? Includes all training except those that are mandated by Client. Relocation Who was responsible for any relocation of Transitioned Personnel when they transitioned to Service Provider? Inflation / Deflation Who is financially responsible for inflation / deflation that impacts any Personnel-related line items? Refer to Exhibit 4 for Economic Change Adjustment terms and methodology. Increase / Decrease in Staffing If staffing increases, who pays for the extra staff? If staffing goes down, who gets the benefit? Severance If Personnel separate after being hired by Service Provider and severance is owed, who pays the severance payment? Retention Payments If retention payments are made to all or selective Personnel, who pays the retention payment?
Salary & Benefits. During any period that Employee fails to perform his full duties with the Company because he is Disabled, Employee shall continue to receive Base Salary until this Agreement is terminated pursuant to Section 4.8 at the rate in effect at the commencement of any such period adjusted for any compensation payable to him under any Company paid disability plan during such period. In the event of termination for Disability the Company shall continue (i) Employee's Base Salary adjusted for any compensation payable to him under any Company paid disability plan during such period and (ii) the same coverage under medical, dental, long-term disability and life insurance for the greater of (x) the remaining term of this Agreement or (y) until long term disability insurance coverage becomes effective.
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by this Contract, the Board agrees that the Superintendent shall receive the following:
Salary & Benefits. Employee's annual base salary and the benefits to which he is entitled are described on Exhibit A attached hereto.
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Middle/Senior High School Principal shall receive the following:
Salary & Benefits. 901 PAYROLL PRACTICES
Salary & Benefits. Operator's cost of holiday, vacation, sickness and disability benefits and other customary allowances paid to employees whose salaries and wages are chargeable to the Joint Account under Article 2.2.1 above. Such costs under this Article 2.2.2 may be charged on a "when and as paid basis" or by "percentage assessment" on the amount of salaries and wages chargeable to the Joint Account under Article 2.2.1 above. If percentage assessment is used, the rate shall be based on the Operator's cost experience and adjusted at least annually to the Operator's actual cost.
Salary & Benefits. The Company shall pay Employee a salary of $4,000 per month, for the services of Employee, payable at regular payroll periods. The Employee will also be awarded 50,000 options to purchase Pangea Stock per month. The options will have a cost basis of $1.00 per share. In addition, Company will provide Medical Benefits for the Employee. The Employee will be awarded percent (3%) of the net proceeds received by the Company upon the successful completion of the sale of any major Company Assets (major asset is defined as an asset whose sale price is $500,000 or more).
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Director of Student Services shall receive the following:
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Athletic Director/Corporation Title IX Coordinator shall receive the following:
