Salary Base Sample Clauses

Salary Base. The salary base for determining the salary increase for unit members currently employed shall be the members' preceding appointment salary less any stipends.
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Salary Base. Employees of the Department of Rehabilitation and Correction presently receiving a three percent (3%) Hazardous Duty Pay Supplement under the provisions of Section 21.06 of the Agreement shall continue to receive such supplement until step 11 is reached. Upon assignment to step 11, the three percent (3%) Hazardous Duty pay Supplement shall cease. Employees hired after July 1, 1997, shall not be eligible for the three percent (3%) Hazardous Duty Pay Supplement.
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Salary Base. As compensation for the Executive's services hereunder, the Company shall pay to the Executive an annual salary of US$240,000, payable in equal bi-weekly installments (the Executive's Salary). The Executive's Basic Compensation shall be reviewed by the Board on or prior to each yearly anniversary date of the Effective Date and the Board shall negotiate the Executive's Basic Compensation based upon the performance of the Company and the Executive. The right of the Executive to receive compensation hereunder (including the compensation pursuant to sections 2.2 and 2.3 below) is subject to all federal, state and local withholding taxes and social security taxes.
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Salary Base. A salary base of $37,100 shall be established for the school year 2021-2022 and $37,600 for the school year 2022-2023. In lieu of salary, the Board will assume 7.75% of the teacher’s contribution to the Teacher’s Fund for Retirement. The 7.75% is exempt from Federal Income Tax and under Section 401 (A) of the Internal Revenue Code and Section 15.35.1-09 (.2) of the NDCC.
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Salary Base. 3.00% 2018-2019 2.50% 2019-2020 2.00% 2020-2021  Longevity Step - $1,000.00 for each year of the contract for bargaining unit members beyond Step 25.
Sample 1
Salary Base. Employees of the Department of Rehabilitation and Correction presently receiving a three percent (3%) Hazardous Duty Pay Supplement under the provisions of Section 21.06 of the Agreement shall continue to receive such supplement until step 11 is reached. Upon assignment to step 11, the three percent (3%) Hazardous Duty pay Supplement shall cease. Employees hired after July 1, 1997, shall not be eligible for the three percent (3%) Hazardous Duty Pay Supplement. All new hires with zero (0) to two (2) years of teaching experience pursuant to Section 21.02 start at step one (1). All other new hires will be placed in the schedule based on their years of teaching experience. Applicants with more than two (2) years of teaching experience will be placed at the step which is equivalent to their teaching experience as follows: Effective July 1, 2016: Years of Service Step 4 3 5 4 7 6 8 7 9 8 10 9 11 10 12 11 13 – 19 12 20 - 24 13 25 or more 14
Sample 1
Salary Base. The monthly rate on the Classified Employee Salary Schedule is for full-time employment (40 hours per week, 8 hours per day, 5 consecutive days per week).
Sample 1
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Salary Base. Employee shall receive a base salary (Base) from Company at an annual rate of $180,000, or such increased rate as its Board of Directors (the Board), in its sole discretion, may hereafter from time to time determine, payable in accordance with its regular payroll practices, subject to all applicable federal and state deductions and withholdings.
Sample 1
Salary Base. 1. Effective with the pay periods including July 1, 2000, July 1, 2001, and July 1, 2002, the salary base shall be increased by three percent (3%), three and one -half percent (3 1/2%) and four percent (4%) respectively. Salary Schedule Index: Step BA BA+20 MA MA+30 0 1.0760 1.1240 1.1910 1.2580
Sample 1

Related to Salary Base

  • Salary; Bonus Executive will receive a salary during the Term of One Hundred and Seventy Thousand ($170,000) per year (“Base Compensation”), pro-rated for partial years, payable at regular intervals in accordance with the Company’s normal payroll practices in effect from time to time. Executive’s Base Compensation will be reviewed annually by the Company’s Board of Directors and Executive will be eligible for consideration for merit-based increases to Base Compensation as determined by the Board of Directors in its sole discretion. In addition to eligibility for consideration of merit-based increases in the discretion of the Board of Directors, Executive’s Base Compensation will be increased effective January 1 of each year during the Term (commencing with January 1, 2017) by three percent (3%) to reflect anticipated increases in cost of living.

  • 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.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • 1Base Salary During the Period of Employment, the Company shall pay the Executive a base salary (the “Base Salary”), which shall be paid biweekly or in such other installments as shall be consistent with the Company’s regular payroll practices in effect from time to time. The Executive’s Base Salary shall be at an annualized rate of Seven Hundred Thousand dollars ($700,000.00). The Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

  • Annual Base Salary During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

  • Salary and Bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £150,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the last day of each calendar month or otherwise as arranged from time to time.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

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