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. 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. 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.

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