Common use of Compensation; Bonus Clause in Contracts

Compensation; Bonus. (a) As compensation for services hereunder and in consideration of his agreement not to compete as set forth in paragraph 8 hereof, the Company shall pay the Employee a base salary at the annual rate of $185,000.00. Such base salary shall be paid in equal installments in accordance with the normal payroll policies of the Company, but no less frequently than bi-weekly.

Appears in 4 contracts

Samples: Employment Agreement (Verticalbuyer Inc), Employment Agreement (Verticalbuyer Inc), Employment Agreement (Verticalbuyer Inc)

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Compensation; Bonus. (a) As compensation for services hereunder and in consideration of his agreement not to compete as set forth in paragraph 8 7 hereof, the Company shall pay the Employee a base salary at the annual rate of $185,000.00110,000.00. Such base salary shall be paid in equal installments in accordance with the normal payroll policies of the Company, but no less frequently than bi-weekly.

Appears in 1 contract

Samples: Employment Agreement (Computer Software Innovations Inc)

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Compensation; Bonus. (a) As compensation for services hereunder and in consideration of his agreement not to compete as set forth in paragraph 8 hereof, the Company shall pay the Employee a base salary at the annual rate of $185,000.00[$ ]. Such base salary shall be paid in equal installments in accordance with the normal payroll policies of the Company, but no less frequently than bi-weekly.

Appears in 1 contract

Samples: Stock Purchase Agreement (Standard Automotive Corp)

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