Salary and Expenses. The Manager shall be entitled to reasonable compensation for services as reasonably determined by the Sole Member and is also entitled to reimbursement by the Company for reasonable and necessary out-of-pocket expenses incurred by the Manager on behalf of the Company.
Salary and Expenses. Employee agrees that, upon payment by ChannelAdvisor of:
Salary and Expenses. Company shall pay Employee a base salary at an annual rate of not less than $265,000, as adjusted from time to time under Company's salary review procedures, in each case less standard income and payroll tax withholding and other authorized deductions. Such salary shall be earned and shall be payable in regular installments in accordance with Company's normal payroll practices. Employee shall also be entitled to reimbursement for reasonable business expenses in accordance with Company policy.
Salary and Expenses. Representatives serving on the Management Committee, as such, shall not receive any stated salary for their services on the Management Committee, but by resolution of the Management Committee may receive reimbursement of expenses of attendance at each meeting of the Management Committee.
Salary and Expenses. IMO will not pay me for my externship; all the expenses connected with it will be borne by me or my sponsoring institution.
Salary and Expenses. Each Manager and Officer shall be reimbursed for his or her reasonable expenses incurred on behalf of the Company and shall receive such compensation (including no compensation) for services rendered in his or her capacity as a Manager or Officer as may be determined from time to time by the Management Committee. Notwithstanding the foregoing, no Manager employed by a Member or an Affiliate of a Member (other than the Company) shall receive compensation by the Company for services rendered in his or her capacity as a Manager, nor shall such Manager be reimbursed by the Company for expenses incurred on behalf of the Company, absent a separate, written agreement between the Company and such Manager.
Salary and Expenses. Company shall pay Employee a base salary at an annual rate of $300,000 for the period from the Effective Date through and including February 2/nd/ 2002 and $325,000 for fiscal year 2002, with an increase to at least $350,000 per year for fiscal year 2003, in each case less standard income and payroll tax withholding and other authorized deductions. Such salary shall be earned and shall be payable in regular installments in accordance with Company's normal payroll practices. Employee shall also be entitled to reimbursement for reasonable business expenses in accordance with Company policy.
Salary and Expenses. The Company will pay Executive at the salary rate that was in place immediately prior to the Separation Date in accordance with the Company’s standard payroll practices through the Separation Date. Executive will be reimbursed for any unreimbursed business expenses incurred prior to the Separation Date pursuant to Company policy. Reimbursement requests must be submitted before the Separation Date.
Salary and Expenses. 4.1 Effective June 26, 2020, the Board of Directors agrees to pay the XX-XX for his services rendered a base salary of Twenty Three Thousand, Three Hundred and Twenty-Three Dollars and No Cents ($23,906.08) per month in installments at the same time as other employees of the Agency are paid. The base salary will be adjusted annually by the same percentage adjustment provided to all Agency employees for changes in the cost of living, if any. In addition, the Board shall have the right to grant merit increases as the Board deems appropriate, in its discretion. The XX-XX will be eligible for a discretionary annual incentive award not to exceed ten percent (10%) of his total annual base salary based on the results of his annual performance evaluation. The incentive may be based, in part, on the accomplishment of specific goals set by the Board of Directors that are achieved by the XX-XX. Any performance incentive awarded under this section shall be in a lump sum payment, subject to all legally required wage and employment deductions. Notwithstanding the above, the issuance of any incentive awards is at the sole discretion of the Board of Directors. Any performance pay awarded under this Section shall not become a part of the GM-CE’s established base salary going forward. The Board approved a 2020 bonus of five percent (5%) of salary plus an additional $2,000.00. Thus, a bonus of Sixteen Thousand, Three Hundred and Forty Three Dollars and Sixty Five Cents $16,343.65) is payable to the XX-XX for his service from 2019 through 2020. The Agency and the General Manager – Chief Engineer have duly executed this Sixth Amendment as of the date first written above. By: _ DESERT WATER AGENCY XXXX X. XXXXXX By: President, Board of Directors
Salary and Expenses. (a) In consideration for the Executive's services, the Company shall pay to the Executive an annual base salary (the "Base Salary") equal to Two Hundred Twenty-Five Thousand Dollars ($225,000). The Base Salary shall be payable biweekly or in such other installments as shall be consistent with the Company's payroll procedures. The Company shall deduct and withhold all necessary social security and withholding taxes and any other similar sums required by law or authorized by the Executive with respect to the payment of the Base Salary. The Board shall review the Executive's salary annually before December 31 and may increase, but not decrease, his Base Salary in any renewal, extension, or replacement of this Agreement. The Company shall review the appropriateness of creating additional forms of nonqualified executive compensation to cover the Executive.
