Gross Compensation Sample Clauses

Gross Compensation. It is agreed that the compensation will be: Rehearsals: Travel Allowance: Per Diem Allowance: Performances: Housing Allowance: OR: Total Gross Compensation
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Gross Compensation. Your gross CTC including annual bonus would be up to USD 350,000 (Three Hundred Fifty Thousand USD Only) per annum including annual performance bonus USD 17,500 (Seventeen Thousand Five Hundred USD only). The annual performance bonus will be paid in 2 equal tranches in October and March respectively, this is basis performance and prorated starting as of the Effective Date. The mentioned amounts will be converted into INR at the currency exchange rate applicable on the date of disbursement.
Sample 1
Gross Compensation. CONTRACTOR’s gross compensation shall be as set forth in Appendix B (CONTRACTOR Compensation Rates), and this gross compensation shall constitute the total compensation for the use of the Equipment and for everything furnished, provided, done by, or required of CONTRACTOR in connection with this Agreement, including but not limited to driving of the Equipment and all non-driving activities such as conducting pre- and post-trip inspections of the Equipment, waiting to load or unload (detention), loading or unloading if required, fueling, repairing and maintaining the Equipment, spotting, hooking and unhooking empty trailers, preparing logbooks and other paperwork, and other activities and services. All mileage computations shall be based on the most recent edition of CARRIER’s Rand XxXxxxx MileMaker®. CONTRACTOR may refuse any specific shipment offered by CARRIER. CONTRACTOR is not prohibited from entering into separate agreements to provide equipment and other professional truck drivers not identified as Equipment above or in an attachment and drivers not used to service this Agreement, to other motor carriers. As indicated in Section 9 (CONTRACTOR’s Operating Expenses) and Section 5 (Charge-Backs) of this Agreement, CONTRACTOR – as an independent contractor, not an employee – agrees to pay all of CONTRACTOR’s operating expenses (including but not limited to those that CARRIER initially advances and later charges back to CONTRACTOR) out of the gross compensation provided under this Section and Appendix B (CONTRACTOR Compensation Rates) and any other CONTRACTOR moneys. Under no circumstances shall CARRIER be responsible for these operating expenses.
Sample 1
Gross Compensation. Pursuant to Section 3 of this Agreement, Carrier will pay Contractor gross compensation, comprising Base Compensation and Additional Compensation, as described in this section.
Sample 1
Gross Compensation. Your gross CTC including annual bonus would be up to USD 300,000 (USD Three hundred thousand only) i.e. INR 2,30,00,000/- (Rupees Two Crore Thirty Lakhs Only) per annum. Effective May 2, 2023, your gross CTC including annual bonus would be up to USD 350,000* (USD Three hundred fifty thousand only) i.e INR. 2,68,33,333/- (Rupees Two Crore Sixty-Eight Lakhs Three Thousand Thirty-Three Only) per annum.*In case the CTC amount paid to incumbent falls short of USD. 350,000 (USD Three hundred fifty thousand only) than the difference of amount will be paid as a one-time bonus at the end of the year. 95% of gross CTC amount shall be paid as base salary, with the remaining 5% of the gross amount potentially payable as an annual variable pay opportunity.
Sample 1
Gross Compensation. Your gross CTC including annual bonus would be USD. 400,000* (USD Four hundred thousand only) i.e INR. 3,33,00,000/- (Rupees Three Crore Thirty Three Lakhs Only) per annum. *In case the CTC amount paid to incumbent falls short of USD. 400,000 (USD Four hundred thousand only) than the difference of amount will be paid as onetime bonus at the end of one year.
Sample 1
Gross Compensation. 3.1 The Managing Director shall receive in connection with the termination of the Service Agreement a compensation in the amount of EUR 200,000 (“Compensation”). The Compensation shall be due and payable immediately after the Termination Date, however, only after - the condition subsequent in Section 9 regarding the effectiveness of this Agreement has occurred, - has returned the Company car pursuant to Sec. 4.1 below to the headquarters of the Company in Eichenzell or Xxxxx Xxxx GmbH has Haftung für den Verlust des Stammkapitals dieser französischen Tochtergesellschaft treffen sollte; eine darüber hinausgehende Freistellung der Gesellschaft sowohl hinsichtlich der Haftungshöhe als auch hinsichtlich des Haftungsgrundes ist ausgeschlossen.
Sample 1
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Related to Gross Compensation

  • Excess Compensation For purposes of Option (f), (g) or (h), "Excess Compensation" means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • 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.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if:

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • 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.

  • 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.

  • Employees; Compensation The Consultant shall be solely responsible for the following:

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

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