Per Annum Salary definition

Per Annum Salary. $100,000” Except as amended hereby, the Employment Agreement shall continue in full force and effect in accordance with its terms. Very truly yours, BIORESTORATIVE THERAPIES, INC. By: Mxxx Xxxxxxx, Chief Executive Officer Agreed: Mxxxx Xxxxx
Sample 1
Per Annum Salary. $200,000” Except as amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. Very truly yours, BIORESTORATIVE THERAPIES, INC. By: /s/ Xxxx Xxxxxxx, Chief Executive Officer Agreed: /s/ Xxxxxxxxx Xxxxx
Sample 1

Examples of Per Annum Salary in a sentence

  • By: Lxxxx Xxxxxxx Chief Executive Officer RXXXXX XXXXXXXXXX SCHEDULE A Position: Vice President of Quality Assurance / Regulatory Compliance Per Annum Salary: $175,000, less applicable taxes and withholdings.

  • By:______________________________ Xxxxx Xxxxxxx, Chairman, CEO and President XXXXXXXXX XXXXX _________________________________ SCHEDULE A Position: Vice President of Research and Development, Secretary Per Annum Salary: $225,000, less applicable taxes and withholdings, during the first year of the Initial Employment Term.

  • Up to 30% of Per Annum Salary based upon the satisfaction of certain performance goals.

  • Xxxxx SCHEDULE A Position: Vice President of Operations Per Annum Salary: $75,000, with an increase to $90,000 when Juniper, FL location opens and Executive begins working full time at said location.

  • The Compensation Committee may, in its discretion, award the Executive a Bonus in an amount greater than 50% of Per Annum Salary depending on the Executive’s level of achievement of the performance targets.

  • By: Name: Exxxxx L Field Title: President, Spine/Disc Division Rxxxxx Xxxxxxxxxx SCHEDULE A Position: Director, Quality and Compliance Employment Commencement Date: September 14, 2015 Per Annum Salary: $175,000 Bonus: Up to 25% (the “Bonus Percentage”) of Per Annum Salary based upon the satisfaction of certain performance goals.

  • By: Name: Mxxxx Xxxxx Title: Vice President of Operations Mxxx Xxxxxxx SCHEDULE A Position: President, Chief Executive Officer and Chairman of the Board Per Annum Salary: $400,000 Bonus: 2015: 50% of Per Annum Salary 2016 and 2017: 50% of Per Annum Salary based upon the satisfaction of certain performance goals.

  • Xxxxxxxxx SCHEDULE A Position: Senior Vice President, Planning and Business Development Employment Commencement Date: January 16, 2018 Per Annum Salary: $250,000 Per Annum Salary during the Initial Employment Period; thereafter, $350,000 Per Annum Salary.

  • By:______________________________ Xxxxxxxxx Xxxxx, VP of Research and Development XXXXX XXXXXXX _________________________________ SCHEDULE A Position: Chairman, CEO and President Per Annum Salary: $250,000, less applicable taxes and withholdings, during the first year of the Initial Employment Term.

  • XXXXXXX SCHEDULE A Position: Chief Financial Officer Per Annum Salary: $175,000, less applicable taxes and withholdings.

Related to Per Annum Salary

  • Per Annum means for a year deemed to be comprised of 360 days.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Annual Salary means the salary given under this Part.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Final average salary means whichever of the following is greater:

  • Salary as defined in Section 3.1(a).

  • Final Salary means the average annual salary for service for which

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Rate means the Adjusted LIBO Rate and the Alternate Base Rate.

  • Annual Compensation means an amount equal to the greater of:

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions: