Common use of Basic Remuneration Clause in Contracts

Basic Remuneration. As remuneration for the Executive's services, the Company shall pay to the Executive a Basic Remuneration of HK$75,000 per month payable in arrears on or before the last day of each calendar month (or if that day is not a Business Day, on the next preceding Business Day). The Board shall have complete discretion whether to grant any increase and any increase so granted shall take effect from such date as the Board may specify.

Basic Remuneration. As remuneration for the Executive's services, the Company shall pay to the Executive a Basic Remuneration of HK$75,000 HK$90,000 per month payable in arrears on or before the last day of each calendar month (or if that day is not a Business Day, on the next preceding Business Day). The Board shall have complete discretion whether to grant any increase and any increase so granted shall take effect from such date as the Board may specify.