Salary. Your base salary will be $8,333.33 per semi-monthly pay period, which equates to $200,000 per year. You will also be eligible for a target bonus of $200,000, to be paid out quarterly, based on the achievement of agreed upon targets, including 30% annual revenue growth. The details of this plan will be finalized through mutual collaboration within your first 90 days of employment. In addition, you will be paid a sign-on bonus of $39,200.00, less deductions required by law. This amount will be subject to recapture should you voluntarily leave the Company prior to the 90-day anniversary of your start date.
Salary. The Company will pay you a starting salary beginning as of June 1, 2016 at the annual rate of $300,000, payable in accordance with the Companys standard payroll schedule and subject to tax-related deductions and withholdings. This salary will be subject to adjustment pursuant to the Companys employee compensation policies in effect from time to time.
Salary. During the Employment Period, Executive shall be paid a base salary at the rate of $200,000 per year, payable bi-weekly at such times as salaries are paid to other executive officers of Penns Woods. The Board of Directors of Penns Woods, or applicable Board Committee, shall review Executives base salary annually and may, from time to time, in its discretion increase Executives base salary. Any and all such increases in base salary shall be deemed to constitute amendments to this subsection to reflect the increased amounts, effective as of the dates established for such increases by appropriate corporate action.
Salary. Executive shall be paid her current salary during the Transition Period. Executive shall receive no salary after the Transition Period.
Salary. Employee shall be paid her current salary through the Separation Date. Employee shall receive no salary after the Separation Date.
Salary. The Company shall pay you base salary (as may be increased, “Salary”) at a rate of One Million Four Hundred Thousand Dollars ($1,400,000) per year for all of your services as an employee. Your Salary shall be subject to merit reviews, on or about an annual basis, while you are actively employed during the Contract Period and may at that time, be increased but not decreased. Your Salary, less deductions and income and payroll tax withholding as may be required under applicable law, shall be payable in accordance with the Company’s ordinary payroll policy, but no less frequently than monthly.
Salary. From and after the Promotion Date, Employee shall earn an annual base salary of US $500,000 (“Salary”), less all applicable taxes and withholdings as required by law, and such other payroll deductions as are determined by Company policy or as Employee may approve from time-to-time, which shall be paid consistent with the Company’s ordinary and regular payroll practices and in accordance with applicable law. This position is classified as exempt under federal and state wage and hour laws, meaning that Employee will not be eligible for overtime pay. The Company reserves the right to modify Employee’s Salary in its sole discretion any time and in accordance with applicable law.
Salary. The Executive shall be entitled to receive for all services rendered by the Executive in any and all capacities in connection with the Executives employment hereunder a salary (as it may be adjusted from time to time, Salary) at the rate of $250,000 per annum, payable in equal installments in accordance with the prevailing practices of the Company (but not less frequently than monthly). In addition, an allowance shall be paid for living expenses incurred during periods when Executive is absent from his permanent residence (Denver, Colorado) on Company business. This allowance is estimated at $2,200 per calendar month inclusive of housing rental amounts, and any amount reimbursed in excess of that amount must be approved, in writing, by the Compensation Committee. Additionally, a maximum
Salary. The Base Salary is $330,000 annualized (the “Base Salary”), payable in installments in accordance with the Company’s regular payroll schedule.
Salary. For services to be rendered hereunder, Executive shall continue to receive a base salary at the rate of [Number] ($ ) per year (the Base Salary),
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.