Common use of REMUNERATION AND EXPENSES Clause in Contracts

REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 per calendar year (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 2 contracts

Samples: Service Agreement (Travelzoo Inc), Service Agreement (Travelzoo Inc)

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REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$1,080,000 per calendar year or HK$90,000 per calendar month (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Chinacast Education Corp)

REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$ 2,185,249 per calendar year (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Travelzoo Inc)

REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$692,828 per calendar year or HK$57,719 per calendar month (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Chinacast Education Corp)

REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$1,800,000 per calendar year or HK$150,000 per calendar month (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Chinacast Education Corp)

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REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$1,440,000 per calendar year or HK$120,000 per calendar month (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Chinacast Education Corp)

REMUNERATION AND EXPENSES. 4.1 As remuneration for his services, the Executive shall be entitled to a salary at the rate of HK$1,561,800 HK$692,628 per calendar year or HK$57,719 per calendar month (or such other rate as may from time to time be agreed in writing). The Salary shall accrue from day to day and be payable by equal monthly installments in arrears on or before the last day of each month, provided that if the employment terminates on a date before the end of a month, the Salary for that month shall be in proportion to the number of days for which the Executive was employed that month.

Appears in 1 contract

Samples: Service Agreement (Chinacast Education Corp)

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