Advanced Study Fund. 10.1 As of this agreement the Company shall maintain an Advanced Study Fund for the benefit of the Employee. Allocation to the said Advanced Study Fund shall be as follows: 10.1.1 the Company - a monthly sum equals to 7.5% of the Salary; 10.1.2 the Employee - 2.5% out of the Salary.
Appears in 2 contracts
Samples: Employment Agreement (Andain, Inc.), Employment Agreement (Andain, Inc.)
Advanced Study Fund. 10.1 As of this agreement the Company shall maintain an Advanced Study Fund for the benefit of the Employee. Allocation to the said Advanced Study Fund shall be as follows:
10.1.1 the Company - β a monthly sum equals to 7.5% of the Salary;
10.1.2 the Employee - β 2.5% out of the Salary.
10.2 The Employee agrees that the Company shall deduct said 2.5% of his Salary for remittance to the said Advanced Study Fund.
Appears in 2 contracts
Samples: Employment Agreement (Andain, Inc.), Employment Agreement (Andain, Inc.)
