Section Three -Compensation Sample Clauses

Section Three -Compensation. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $125,000 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."
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Section Three -Compensation. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, however, that Employee shall be entitle to a minimum paid vacation of four weeks in each calendar year during which Employee is employed by the Corporation. If Employee falls to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same."
Section Three -Compensation. The Commission shall compensate the ALJ according to its hourly rate schedule, attached hereto as “Exhibit A,” for actual time devoted to performing the above- enumerated services. The ALJ’s monthly xxxxxxxx shall not exceed the sum of $20,000.00 per month without prior approval or subsequent ratification by the Certifying Officer of the Commission. The ALJ shall invoice the Commission for payments on a monthly basis and shall be required to provide a record of hours worked and the description of work. The Commission’s obligation for payment of the ALJ’s fees and costs shall be subject to the availability of funds for such payment. The Commission and the Chief ALJ, on behalf of the Commission, will closely monitor the performance of work by the ALJ; the Commission has determined that it would not be practical to use any other type of contract to obtain the needed services. The ALJ agrees that he shall not receive any of the benefits given full-time non-contractual employees of the Government of Guam.
Section Three -Compensation. The Commission shall compensate Consultant according to its hourly rate schedule, attached hereto as “Exhibit A,” for actual time devoted to performing the above- enumerated services. The average hourly fee per each unique assignment from the GPUC will not exceed $225 per hour but individual rates are as provided in “Exhibit A”. Prior to the commencement of each one-year contract term, the parties will discuss a possible increase in rates and negotiate in good faith. Consultant’s monthly xxxxxxxx shall not exceed the sum of $20,000.00 per month without prior approval or subsequent ratification by the Certifying Officer of the Commission. Consultant shall invoice the Commission for payments on a monthly basis and shall be required to provide a record of hours worked and the description of work. The Commission’s obligation for payment of consultant’s fees and costs shall be subject to the availability of funds for such payment. The Commission and the Chief ALJ, on behalf of the Commission, will closely monitor the performance of work by the Consultant; the Commission has determined that it would not be practical to use any other type of contract to obtain the needed services. Consultant agrees that he shall not receive any of the benefits given full-time non- contractual employees of the Government of Guam.
Section Three -Compensation. 1. In return for services and performance of duties, COUNTY agrees to pay FIRM $4,800.00 Monthly, payable in equal, monthly installments.
Section Three -Compensation. The Commission shall compensate Consultant according to its hourly rate schedule, attached hereto as “Exhibit A,” for actual time devoted to performing the above- enumerated services. Consultant’s monthly xxxxxxxx shall not exceed the sum of $20,000.00 per month without prior approval or subsequent ratification by the Certifying Officer of the Commission. Consultant shall invoice the Commission for payments on a monthly basis and shall be required to provide a record of hours worked and the description of work. The Commission’s obligation for payment of consultant’s fees and costs shall be subject to the availability of funds for such payment. The Commission and the Chief ALJ, on behalf of the Commission, will closely monitor the performance of work by the Consultant; the Commission has determined that it would not be practical to use any other type of contract to obtain the needed services. Consultant agrees that he shall not receive any of the benefits given full-time non- contractual employees of the Government of Guam.
Section Three -Compensation. 1. In return for the services provided by the COUNTY, CLIENT agrees to pay COUNTY $3.50 per ton of contaminated soil transported to the property for remediation, with a minimum project tonnage requirement of 600 tons.
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Section Three -Compensation. 1. In return for his services and performance of duties per statutory appointment as Xxxxxx County District Coroner, COUNTY agrees to pay PHYSICIAN $24,000.00 annually, payable in equal, bi-weekly installments.
Section Three -Compensation. The Corporation shall pay Employee, and the Employee shall accept from the Corporation, compensation at the minimum combined rate of U.S. $82,500 per year prorated and payable monthly or on such other basis as the parties may hereafter agree. Such minimum compensation may be adjusted for merit or other raises as from time to time may be determined by the Committee of the Board thereof having such authority. Employee shall be entitled to vacation periods in line with the policies of the Corporation applicable to exempt employees, provided, however, that the Employee shall be entitled to a minimum paid vacation of four (4) weeks in any calendar year. If the Employee fails to use all vacation days in any calendar year, Employee shall be permitted to carry over those vacation days into the next two calendar years.

Related to Section Three -Compensation

  • 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.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2.

  • 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.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Severance Compensation In the event (i) Employee terminates this Agreement for Good Reason in accordance with Paragraph 11.3 hereof; (ii) Employee is terminated for any reason (except death or disability) upon, or within six months following, a "Change in Management or Control (as such term is defined in Paragraph 11.5 hereof);" or (iii) Employee is terminated without Cause, the Company shall be obligated to pay severance compensation to Employee in an amount equal to his salary compensation (at the rate payable at the time of such termination) for a period of six (6) months from the date of termination. Notwithstanding the foregoing, if Employee is employed by a new employer, or as a consultant after the termination of this Agreement, the severance compensation payable to Employee hereunder shall be reduced by the amount of compensation that Employee actually receives from the new employer, or as a consultant. However, Employee shall have a duty to inform the Company that he has obtained such new employment, and the failure to do so is a material breach of this Agreement. In such event, the Company shall be entitled to (i) cease all payments to Employee under this Paragraph 11.4; and (ii) recover any unauthorized payments to Employee in an action for breach of contract. Notwithstanding anything else in this Agreement to the contrary, solely in the event of a termination upon or following a Change in Management or Control, the amount of severance compensation paid to Employee hereunder shall not include any amount that the Company is prohibited from deducting for federal income tax purposes by virtue of Section 280G of the Internal Revenue Code of 1986, as amended, or any successor provision. In addition to the foregoing severance compensation, the Company shall pay Employee (i) all compensation for services rendered hereunder and not previously paid; (ii) accrued vacation pay; and (iii) any appropriate business expenses incurred by Employee in connection with his duties hereunder and approved pursuant to Section 4 hereof, all through the date of termination. Employee shall not be entitled to any bonus compensation, whether vested or unvested; or any other compensation, benefits or reimbursement of any kind.

  • 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.

  • 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:

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

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