Common use of Social Security Clause in Contracts

Social Security. The Executive’s compensation is subject to the mandatory Swiss social security contributions. The Executive’s contributions to both the Swiss Old-Age, Survivors and Disability insurance (AHV/IV/EO) and to the unemployment insurance (ALV) is based on any form of compensation and will be deducted from salary and other payments. The Company’s contributions are paid directly to the administration.

Appears in 11 contracts

Sources: Employment Agreement (Syngenta Ag), Contract of Employment (Syngenta Ag), Contract of Employment (Syngenta Ag)