Salary Grid February 1, 2008 – add 1.4% to the new base grid. Years Experience CATEGORY A CATEGORY A1 CATEGORY A2 CATEGORY A3 CATEGORY A4 0 48,886.67 52,136.72 56,626.30 60,942.01 65,431.60 1 50,415.67 53,780.79 58,191.35 62,507.05 66,996.62 2 51,944.56 55,424.88 59,740.57 64,040.46 68,545.87 3 53,473.65 57,068.95 61,289.80 65,605.51 70,095.09 4 54,987.92 58,697.24 62,854.84 67,170.52 72,897.20 5 58,045.92 62,243.54 65,953.26 70,268.98 74,758.56 6 59,574.92 63,629.44 67,597.36 73,071.11 76,307.77 7 61,089.19 65,257.69 69,067.53 73,367.55 77,872.82 8 61,824.27 66,048.13 70,616.51 74,916.64 79,422.05 9 64,147.17 68,545.87 72,165.98 76,481.68 80,971.25 10 65,676.15 70,189.92 73,715.21 78,030.90 82,520.50 11 67,190.45 71,818.20 75,264.43 79,595.94 84,085.52
Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.
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.
Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.
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.
