Example ContractsClausesStarting Salary
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Starting Salary. Your starting salary will be three hundred thousand dollars ($300,000) per year and will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. The Company currently pays salary on the 15th and last day of each month. You will also be able to participate in the executive incentive compensation plan which will provide you with the opportunity to earn variable compensation up to 40% of your base salary for a total on target earnings (OTE) of four hundred and twenty thousand dollars ($420,000) per year.

Starting Salary. Your starting salary will be Twenty Five Thousand Dollars ($25, 000.00) per month; when annualized, your salary will be Three Hundred Thousand Dollars and ($300,000.00) per year and will be subject to an annual review.

Executive’s Base Salary shall be $[Amount] starting [Date], increased to $[Amount] starting [Date]

Executive’s Base Salary shall be ​ starting

Your starting salary for this position will be $750,000 per year.

Annual Incentive

Your gross annualized starting salary will be $525,000, payable in accordance with the Company's regular payroll practices.

Your starting salary will be $100,000 during the seed phase of our company. This is the same compensation rate being planned for the other co-founders.

Salary. You will be paid an annual base salary of $400,000 less applicable deductions and withholdings, to be paid each month in accordance with the Company’s payroll practices, as may be in effect from time to time.

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 Company’s standard payroll schedule and subject to tax-related deductions and withholdings. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time.

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