Common use of Annual Retirement Benefit Clause in Contracts

Annual Retirement Benefit. During the term of employment hereunder, the Company will pay the Executive an annual retirement benefit of $35,000 payable by installment on a quarterly basis, less applicable taxes and withholdings.

Appears in 3 contracts

Samples: Employment Agreement (Birks Group Inc.), Employment Agreement, Employment Agreement (Birks & Mayors Inc.)

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Annual Retirement Benefit. During the term of employment hereunder, the The Company will pay the Executive an annual retirement benefit of $35,000 25,000 payable by installment on a quarterly basis, less applicable taxes and withholdings.

Appears in 1 contract

Samples: Employment Agreement (Birks & Mayors Inc.)

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