Base Compensation and Benefits. (a) The annual base compensation rate to be paid to Employee for the services to be rendered hereunder shall be Three Hundred Fifty Thousand Dollars ($350,000.00), payable in accordance with the Company's normal payroll practices, subject to applicable federal and state income and social security tax withholding requirements (the "Base Rate").
Base Compensation and Benefits. In the event Executive's employment is terminated for any reason, all compensation and benefits shall cease, except that the Company shall pay to Executive that portion of his then Base Annual Compensation that has been earned but unpaid at the time of such termination and reimbursable expenses incurred by but not yet reimbursed to Executive at the time of such termination.
Base Compensation and Benefits a. Consultant shall receive a percentage commission (the “Commission Bonus”) equal to ten percent (10%) of any net revenue (after any applicable agency fees), including barter revenue, actually received by CTN from new sales procured by Consultant for CTN, which is entered into during the Consulting Period (“Commissionable Receipts”). The Commission Bonus shall be paid to Consultant monthly for Commissionable Receipts for the previous month. CTN shall provide an accounting of earned Commission Bonuses to Consultant on a monthly basis during the Consulting Period and at least every twelve (12) months after the Consulting Period has expired (the “Expiration Date”). After the Expiration Date, Consultant shall be entitled to the ten percent (10%) Commission Bonus for the remaining term of any advertising contract in existence on the Expiration Date, and a five percent (5%) Commission Bonus (rather than 10%) for the first written renewal contract for an advertiser for which Consultant previously was paid a Commission Bonus during the Consulting Period of this Agreement. In addition to the Commission Bonus, if Commissionable Receipts during the term of this Agreement exceed $500,000, Consultant shall receive an additional $10,000 bonus and if the Commissionable Receipts during the term of this Agreement exceed $1,000,000, Consultant shall receive an additional $25,000 bonus.
Base Compensation and Benefits. 50 Section 9.02. Qualifying Service 50 Section 9.03. Eligibility 50 Section 9.04. 401(k) Plan 50 Section 9.05. Third Parties 51
Base Compensation and Benefits. Buyer shall provide or cause to be provided to each of the Company Employees who as of the Closing Date are employed by the Company or any of its Subsidiaries (“Continuing Employees”), for a period one year following the Closing (A) the same base compensation or wages and annual bonus opportunity that are no less favorable in the aggregate to those provided immediately prior to the Closing Date and (B) benefits that are not less favorable in the aggregate to those provided to such employees by the Company and its Subsidiaries and/or Seller and its Affiliates under an Employee Plan immediately prior to the Closing Date.
Base Compensation and Benefits. Your base salary, Long-Term Incentive Plan target percentage and Annual Incentive Plan target percentage as of December 31, 2012, shall remain in effect through your Final Employment Day. During this time, you will remain a participant in the Company’s employee welfare, benefit, and retirement plans and programs, including retirement and supplemental retirement plans, on the same basis as generally applicable to the other senior executives of the Company.
Base Compensation and Benefits. PanAmSat shall pay to Xxxxxx monthly during the Term an amount equal to the following:
Base Compensation and Benefits. In the event Employee's employment is terminated for any reason, all compensation and benefits shall cease, except that the Company shall pay to Employee that portion of his then Base Annual Compensation that has been earned but unpaid at the time of such termination and reimbursable expenses incurred by but not yet reimbursed to Employee at the time of such termination.
Base Compensation and Benefits. (a) The initial annual base compensation rate to be paid to Employee for the services to be rendered hereunder beginning with the commencement date of this Agreement through the first anniversary on June 9, 1998, shall be Two Hundred Fifty Four Thousand One Hundred Dollars ($254,100.00), payable in accordance with the Company's normal payroll practices, subject to applicable federal and state income and social security tax withholding requirements.
Base Compensation and Benefits
