Base Pay Sample Clauses

Base Pay. The Company agrees to pay Employee gross annual compensation of $400,000 (“Base Salary”), less usual and customary withholdings, which shall be payable in arrears in accordance with the Company’s customary payroll practices. The Base Salary will be subject to normal periodic review, and such review will consider Employee’s contributions to the Company and the Company’s overall performance.
AutoNDA by SimpleDocs
Base Pay. You shall be paid an annual salary (“Base Pay”) of Three Hundred Sixty Thousand and No/100 Dollars ($360,000), which shall be payable in equal periodic installments according to the Corporation’s customary payroll practices, but no less frequently than monthly, and subject to such withholdings and deductions as required by law. Your Base Pay shall be reviewed annually by the Board of Directors, and any change in Base Pay approved by the Board shall become effective January 1 of the year for which it is approved.
Base Pay. Base Pay" shall have the same meaning as that term is given under the Officer Agreement.
Base Pay. For employees on a years’ of experience scale, base pay is the employee’s pay rate exclusive of any differentials, premiums, bonuses or other additional forms of compensation. For staff nurses on Scale A and APNs, base rate of pay is equivalent to their current pay rate on their scales, exclusive of any differentials, premiums, bonuses or other additional forms of compensation.
Base Pay. On termination by Company without cause, Company will in addition pay Executive's targetted compensation and benefits for the Severance Period defined in Exhibit A. Payment of the Executive's Base Salary and incentive compensation shall be made on Company's standard payroll schedules from the date of termination, as if the Executive had not been terminated.
Base Pay. The Company shall pay the Executive a base salary (the “Base Salary”) at the rate of $169,708 per annum. The Executive’s Base Salary shall be paid ratably on the normal pay cycles established by the Company and shall be subject to increase as determined by the Company in its sole discretion.
Base Pay. The salary assigned to an employee in a given classification, range, and step as specified in the classified salary schedule.
AutoNDA by SimpleDocs
Base Pay. The Company shall pay Employee an annual salary (the “Base Pay”) of $400,000 which shall be payable in accordance with the Company’s regular payroll practices as in effect from time to time, and less any amounts required to be withheld under applicable state and Federal tax and other related laws and regulations. The Base Pay is subject to the Company’s annual review practices; provided, Employee’s Base Pay may be increased by the Company, but in no event will Employee’s Base Pay be reduced below $400,000 (same as above).
Base Pay a. In order to equalize the cost to the Company and earnings of the employee, it is necessary to apply a factor of .9756 to the Standard Hourly Wage Rate for each job class and to develop an Adjusted Hourly Wage Rate for each job class. b. Overtime worked as part of the regular 12-Hour Shift Schedule will be paid at the Adjusted Hourly Wage Rate and referred to as Regularly Scheduled Overtime (RSOT).
Base Pay. An employee’s base pay is the employee’s pay rate exclusive of any differential, premiums, bonuses or other additional forms of compensation. An employee’s pay rate for all benefit time (e.g. vacation, holidays, etc.) and time worked shall be deemed to be at the base rate of pay unless specifically otherwise identified in this agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!