SALARY & OTHER COMPENSATION Sample Clauses

SALARY & OTHER COMPENSATION. 13.1 Payment. Teachers will be paid in twenty-two (22) or twenty-six (26) substantially equal bi-weekly installments. For returning teachers and teachers hired on or before August 1 of the corresponding school year, each year the first paycheck shall be made on the first regular pay date on or following the first teacher workday of the school year. For teachers hired after August 1st of the corresponding school year, the teacher’s first paycheck will be the regular pay date corresponding with the pay period in which they first report to work. A teacher selecting 26 pays will receive their remaining paychecks for the months of July and August on the last official payday in June. A teacher shall elect either twenty-two (22) or twenty-six (26) pay periods at the time of initial employment. If the teacher does not make an election prior to the processing of the first paycheck for the teacher, the default shall be twenty-six (26) pays. Thereafter, a teacher may change his/her payment option by notifying the school district in writing on or before August 1 preceding the school year in which the change will take effect.
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SALARY & OTHER COMPENSATION. 13.1 Payment. Teachers will be paid in twenty-two (22) or twenty-six (26) substantially equal bi-weekly installments. The first paycheck each year shall be made on the first regular pay date on or following the first teacher work day of the school year. A teacher will receive his/her remaining paychecks for the months of July and August on the last official payday in June. A teacher shall elect either twenty-two (22) or twenty-six (26) pay periods at the time of initial employment. If the teacher does not make an election prior to the processing of the first paycheck for the teacher, the default shall be twenty-six (26) pays. Thereafter, a teacher may change his/her payment option by notifying the school district in writing on or before August 1 preceding the school year in which the change will take effect.
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SALARY & OTHER COMPENSATION. (a) The Company shall pay Employee (i) base compensation (the "Salary") for services rendered in the amount of Three Hundred, Thirty-Two Thousand, Six Hundred Fifty-Two Dollars ($332,652) per annum, payable in installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes (which base compensation may be increased by the Board of Directors of the Company, in its sole discretion), and (ii) annual bonus, if any, as may be determined by the Board of Directors of the Company, in its sole discretion. The Board of Directors shall annually review Employee's Salary for adjustment when appropriate.
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SALARY & OTHER COMPENSATION. A. Compensation Model
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SALARY & OTHER COMPENSATION. In consideration for Employee=s services to LOC during the time period in which this Agreement is effective, Employee shall receive a base salary of ________ per annum to be paid in equal installments every ___________, from which LOC shall withhold and deduct all applicable federal and state income, social security and disability taxes as required by applicable laws.
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SALARY & OTHER COMPENSATION 
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Related to SALARY & OTHER COMPENSATION

  • Other Compensation Unless otherwise stated, this Agreement does not include the Agent’s service of preparing the Property for sale or refinance, modernization, fire or major damage restoration, rehabilitation, financial accounting or legal advice, representation before public agencies, advising on proposed new construction, debt collection, counseling, attending any Association or Condominium meetings, and any other obligation not listed as a Service. If the Owner requests the Agent to perform services not included in this Agreement, a fee shall be agreed upon before such services are performed.

  • No Other Compensation Except as expressly provided in Sections 1.4 through 1.7, Executive shall not be entitled to any other compensation or benefits.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • No Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you have not earned and will not receive from the Company any additional compensation relating to or arising from employment with the Company (including base salary, bonus or incentive compensation), severance, or benefits before or after the Separation Date, with the exception of any vested right you may have under the express terms of a written ERISA-qualified benefit plan (e.g., 401(k) account).

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Extra Compensation All percentage payments shall be based upon the following schedule: 2021-2022 Exp. Level Unit Members 1st Year 32,749 2nd Year 34,087 3rd Year 35,425 4th Year 36,764 5th Year 38,102 Subject to the exception set forth below, the placement of an individual on the above salary schedule in an extra duty assignment as set forth herein, shall be based upon the number of years of experience in Michigan Center within the activity (i.e. sport). Transfers from one coaching position to another in the same sport (i.e. junior varsity to varsity football, etc.) shall not be cause to reduce the experience level for the bargaining unit member in that activity. Changes from one sport to another (i.e. basketball to football, etc.) will constitute a change in experience level. NOTE: Compensation of non-unit individuals for coaching and other extra-curricular positions shall be determined by the Board, but shall not exceed the compensation schedule for bargaining unit members. Baseball Head Coach 11% Volleyball Head Coach 17% JV Coach 8% Asst or JV Coach 11% Basketball Head Coach 17% 8th Grade 6% JV Coach 11% 7th Grade 6% 8th Grade 6% If both 7th & 8th 10% 7th Grade 6% Wrestling Head Coach Assistant Coach (if applicable) 16% 6% If both 7th & 8th 10% JV Coach 10% Bowling Boys Girls 6% 6% Jr. High 6% If both Boys & Girls 10% Cheerleading Winter Head Coach (includes sideline if applicable) 16% Academic Games Coord & Staff Advisors Limit 1 per Dept. 1% Varsity Fall Sideline 5% Band Director 18% JV Fall Sideline 5% Band Director Jr. High School 12% Winter JV (includes sideline if applicable) 10% Choral Director (if applicable) 3% Jr. High Winter (includes sideline if applicable) 10% Class Advisor Chair 1% Cross Country Boys Head Coach Girls Head Coach 7% 7% Club Sponsors Approved by Principal 1% If both Boys & Girls 10% Dept Heads – HS Sci, Mth, SocStud, Lang Arts, Enrichment 4% Jr. High 5% Dept Heads/Grade Level Chairs Elem Sci, Mth, SocStud, Lang Arts, Enrichment 4% Football Head Coach 17% Elementary- Extracurricular 1% Asst. Varsity (2) 10% Elementary Music 3% JV Coach (2) 11% 8th Grade (2) 6% 7th Grade (2) 6% Homecoming Chair 1% If both 7th & 8th 10% Leadership Forum 1% Golf Boys Head Coach 6% Communications Coordinator Webmaster News and Views Surveys/Updates Library Supervisor 10% Girls Head Coach 6% Mentor Teacher 2% Soccer Boys Head Coach Girls Head Coach 8% 8% National Xxxxx Xxxxxxx 1% Softball Head Coach 11% Quiz Bowl Advisor 4% Asst or JV Coach 8% Track Boys Head Coach 11% Play Director (Per Play) 6% Girls Head Coach 11% Assistant Play Director (Per Play) 1.5% Boys/Girls Asst (1) 8% Prom Chairperson 2% Jr. High Boys Coach 6% Jr. High Girls Coach 6% Yearbook Advisor If it’s a class Not a class 4% 7% Jr. High Boys/Girls Asst (1) 6% Junior High Year Book 4% Department Head - District Coordinated School Heath 4% HS Student Council JH Student Council 2% 1% Social Media Specialist 3% Tutoring: Summer school and after school tutoring and credit recovery will be paid at the rate of $31.25/hour for assigned student instructional time ($25.00/hour for non-bargaining unit personnel).

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

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