Vocational Studies. The Company shall open and maintain a “Keren Hishtalmut” Fund for the benefit of the Employee (the “Fund”). The Company shall contribute to such Fund an amount equal to 7-1/2% of the Salary and the Employee shall contribute to the Fund an amount equal to 2-1/2% of the Salary. The Employee hereby instructs the Company to transfer to the Fund Employee’s contribution from the Salary.
Appears in 4 contracts
Samples: Employment Agreement (Protalix BioTherapeutics, Inc.), Employment Agreement (Protalix BioTherapeutics, Inc.), Employment Agreement (Protalix BioTherapeutics, Inc.)
Vocational Studies. The Company shall open and maintain a “"Keren Hishtalmut” " Fund for the benefit of the Employee (the “"Fund”"). The Company shall contribute to such Fund an amount equal to 7-1/2% of the Salary and the Employee shall contribute to the Fund an amount equal to 2-2-1/2% of the Salary. The Employee hereby instructs the Company to transfer to the Fund the Employee’s 's payment and the Company's contribution from the Salary. 4.5.
Appears in 1 contract
Vocational Studies. The Company Companies and the Employee shall open and maintain a “"Keren Hishtalmut” Fund " fund for the benefit of the Employee (the “"Fund”"). The Company Companies shall contribute to such Fund an amount equal to 7-1/27.5% of the Salary and the Employee shall contribute to the Fund an amount equal to 2-1/22.5% of the Salary. The Employee hereby instructs the Company Companies to transfer to the Fund the Employee’s 's payment and the Companies' contribution from the Salary.
Appears in 1 contract
Samples: Employment Agreement (Biocancell Therapeutics Inc.)
Vocational Studies. The Company shall keep open and continue to maintain a “Keren Hishtalmut” Fund for the benefit of the Employee (the “Fund”). The Company shall contribute to such Fund an amount equal to 7-1/2% of the Salary and the Employee shall contribute to the Fund an amount equal to 2-1/2% of the Salary. The Employee hereby instructs the Company to transfer to the Fund Employee’s contribution from the Salary.
Appears in 1 contract
Samples: Employment Agreement (Protalix BioTherapeutics, Inc.)