Common use of Annual Deduction Clause in Contracts

Annual Deduction. For each Calendar Year, a deduction in the amount of $82,500 shall be made to the aggregate amount of the CMI Sales Commissions and the CHS Sales Commissions payable to the Employee. Such deduction shall be made prior to any payment of such commissions for such Calendar Year. 3 (d)

Appears in 2 contracts

Samples: Employment Agreement (Health Power Inc /De/), Employment Agreement (Health Power Inc /De/)

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Annual Deduction. For each Calendar Year, a deduction in the amount of $82,500 shall be made to the aggregate amount of the CMI Sales Commissions and the CHS Sales Commissions payable to the Employee. Such deduction shall be made prior to any payment of such commissions for such Calendar Year. 3 (d).

Appears in 2 contracts

Samples: Employment Agreement (Health Power Inc /De/), Employment Agreement (Health Power Inc /De/)

Annual Deduction. For each Calendar Year, a deduction in the amount of $82,500 16,481 shall be made to the aggregate amount of the CMI Sales Commissions and the CHS Sales Commissions payable to the Employee. Such deduction shall be made prior to any payment of such commissions for such Calendar Year. 3 (d)

Appears in 1 contract

Samples: Employment Agreement (Health Power Inc /De/)

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Annual Deduction. For each Calendar Year, a deduction in the amount of $82,500 16,481 shall be made to the aggregate amount of the CMI Sales Commissions and the CHS Sales Commissions payable to the Employee. Such deduction shall be made prior to any payment of such commissions for such Calendar Year. 3 (d).

Appears in 1 contract

Samples: Employment Agreement (Health Power Inc /De/)

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