Common use of Advanced Study Fund Clause in Contracts

Advanced Study Fund. 15.1. The Company shall make monthly contributions on the Employee’s behalf to a recognized advanced study fund (“Keren Hishtalmut”) (hereinafter the “Study Fund”), in an amount equal to 5% of the Salary and the Over-Time Compensation In addition, the Company shall deduct 2.5% from the Salary and the Over-Time Compensation also to be paid to the Study Fund as recognized by the Income Tax

Advanced Study Fund. 15.1. (i) The Company shall make monthly contributions on the Employee’s behalf to a recognized advanced study fund (“Keren Hishtalmut”) (hereinafter the “Study Fund”), ) in an amount equal to 57.5% of the Salary and the Over-Time Compensation Salary. In addition, the Company shall deduct 2.5% from the Salary and the Over-Time Compensation also to be paid to the Study Fund as recognized by the Income TaxFund.

Advanced Study Fund. 15.1. The Company shall make monthly Advanced Study Fund contributions on the Employee’s behalf to a recognized advanced study fund (“Keren Hishtalmut”) (hereinafter the “Study Fund”), in an amount equal to 5as follows: 7.5% of the Salary and the Over-Time Compensation In addition, paid by the Company shall deduct on its account and 2.5% from of the Salary and to be deducted by the Over-Time Compensation also Company from such Salary to be paid on the employee’s account, in each case up to the Study Fund as ceiling recognized by the Income Taxincome tax authorities from time to time, but not otherwise. The Employee shall bear any and all taxes applicable in connection with amounts payable by Employee and/or Company to the Advanced Study Fund.

Advanced Study Fund. 15.1. 9.1 The Company shall make monthly contributions on the Employee’s Executive's behalf to a recognized advanced study fund (the “Study Fund” (“Keren Hishtalmut”)) (hereinafter the “Study Fund”), in an amount equal to 5% of the Salary and the Over-Time Compensation In addition, the Company shall deduct 2.5% from the Salary his/her part at the Study Fund and the Over-Time Compensation also to be paid transfer those monies to the Study Fund Fund, as recognized by the Income Taxset forth in Exhibit A.

Advanced Study Fund. 15.1. The Company shall make monthly contributions on the Employee’s your behalf to a recognized advanced study fund (“Keren Hishtalmut”) (hereinafter the “Study Fund”), ) in an amount equal to 57.5% of the Salary and the Over-Time Compensation Overtime Pay. In addition, the Company shall deduct 2.5% from the Salary and the Over-Time Compensation Overtime Pay to also to be paid to the Study Fund as recognized by the Income TaxFund.