Common use of Compensation and Benefits During the Employment Term Clause in Contracts

Compensation and Benefits During the Employment Term. (a) The Executive's base compensation shall be at the rate of $5,000 per month, for the term of this Agreement, payable in regular semi-monthly installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Company's Directors at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (American International Industries Inc), Employment Agreement (American International Industries Inc)

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Compensation and Benefits During the Employment Term. (a) The Executive's base compensation shall be at the rate of $5,000 8,500 per month, for the term of this Agreement, payable in regular semi-semi- monthly installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Company's Directors at their sole discretion.

Appears in 1 contract

Samples: Employment Agreement (American International Industries Inc)

Compensation and Benefits During the Employment Term. (a) The Executive's base compensation shall be at the rate of $5,000 1,000 per month, for the term of this Agreement, payable in regular semi-monthly installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Company's Directors at their sole discretion.

Appears in 1 contract

Samples: Employment Agreement (American International Industries Inc)

Compensation and Benefits During the Employment Term. (a) a. The Executive's base compensation shall be at the rate of $5,000 7,500.00 per month, for the term of this Agreement, payable in regular semi-monthly installments in accordance with the Company's practice for its executivesXxxxxxx'x payroll practices, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall may agree. Such base compensation shall be subject to increases as and when determined by the Company's Directors Company and its 51% owner at their sole discretion.

Appears in 1 contract

Samples: Employment Agreement (International American Technologies, Inc.)

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Compensation and Benefits During the Employment Term. (a) The Executive's base compensation shall be at the rate of $5,000 7,500 per month, for the term of this Agreement, payable in regular semi-semi- monthly installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Company's Directors at their sole discretion.

Appears in 1 contract

Samples: Employment Agreement (American International Industries Inc)

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