Compensation; Other Benefits a. For all services rendered by Employee to Employer under this Agreement, Employer shall pay to Employee, for the stated period beginning on the date hereof, an annual salary of $149,000.00, payable in accordance with the payroll practices of Employer applicable to all officers. This salary may be reviewed for an increase sooner if approved by Employee’s Board of Directors. Any salary increase payable to Employee shall be determined based on a review of Employee’s total compensation package, Employer’s performance, the performance of Employee and market competitiveness. Employee’s annual salary, as it may be adjusted from time to time, will be his base salary for purposes of future calculations of benefits. The base salary for purposes of future calculation of benefits may not be reduced.
Compensation; Other Benefits a. For all services rendered by Employee to Employer under this Agreement, Employer shall pay to Employee, for the one-year period beginning on the date hereof, an annual salary of $82,000.00, payable in accordance with the payroll practices of Employer applicable to all officers. This salary may be reviewed for an increase sooner if approved by Employee's Board of Directors. After the first year following the date hereof, any salary increase payable to Employee shall be determined based on a review of Employee's total compensation package, Employer's performance, the performance of Employee and market competitiveness. Employee's annual salary, as it may be adjusted from time to time, will be his 'base salary for purposes of future calculations of benefits.' The base salary for purposes of future calculation of benefits may not be reduced.
Compensation; Other Benefits. Employee’s compensation will be determined at the commencement of employment, and may increase or decrease from time to time in the sole discretion of Qualtrics. Compensation is payable in installments, subject to withholdings and deductions as required or permitted by law. Employee will be eligible to participate in employee benefit programs that are generally available to Qualtrics’ U.S. employees, which may include programs such as medical insurance, 401(k), disability and life insurance plans. Nothing herein shall require the adoption or maintenance of any such program or plan. Employee will be provided such holidays, sick leave and vacation as Qualtrics makes available to its employees generally. To the extent permitted by law, Employee consents to a deduction from any amounts Qualtrics owes to Employee to offset any amounts Employee owes to Qualtrics. In the event that Employee owes Qualtrics some amount, whether or not Qualtrics elects to make any set-off in whole or in part, if Qualtrics does not recover by means of set-off the full amount Employee owes it, Employee agrees to pay the unpaid balance to Qualtrics immediately.
Compensation; Other Benefits. 2.1 The Managing Director shall receive a yearly compensation of (euro) 200,000 gross.
Compensation; Other Benefits. 56 9.7 OSHA Medical Records; Other Records; Payroll Deductions 57 9.8 Announcement 57 9.9 Warn Act 57 ARTICLE X TAX MATTERS 58 10.1 Transaction Taxes 58 10.2 Tax Prorations 58 10.3 Tax Refunds 59 ARTICLE XI CONDITIONS TO CLOSING 59 11.1 Conditions Precedent to Obligations of Each Party 59 11.2 Conditions Precedent to Obligations of Purchaser and Guarantor 60 11.3 Conditions Precedent to Obligations of Sellers 60 ARTICLE XII LIMITATIONS 61 12.1 Purchaser’s Review 61 Page
Compensation; Other Benefits. Employee’s compensation will be determined at the commencement of employment, and may increase or decrease from time to time in the sole discretion of Qualtrics. Compensation is payable in bi-monthly installments, subject to withholdings and deductions as authorized by the employee or as required or permitted by law. Employee may be eligible to participate in employee benefit programs that are generally available to Qualtrics’ U.S. employees, which may include programs such as medical insurance, 401(k), disability and life insurance plans. Nothing herein shall require the adoption or maintenance of any such program or plan. Employee will be provided such holidays, sick leave and vacation as Qualtrics makes available to its employees generally and in accordance with applicable law. To the extent permitted by law, Employee consents to a deduction from any amounts Qualtrics owes to Employee to offset any amounts Employee owes to Qualtrics. In the event that Employee owes Qualtrics some amount, whether or not Qualtrics elects to make any set-off in whole or in part, if Qualtrics does not recover by means of set-off the full amount Employee owes it, Employee agrees to pay the unpaid balance to Qualtrics immediately.
Compensation; Other Benefits a. For all services rendered by Employee to Employer under this Agreement, Employer shall pay to Employee, for the one-year period beginning on the date hereof, an annual salary of $175,000, payable in accordance with the payroll practices of Employer applicable to all officers. This salary may be reviewed for an increase sooner if approved by the board of directors. After the first year following the date hereof, any salary increase payable to Employee shall be determined based on a review of Employee's total compensation package, Employer's performance, the performance of Employee and market competitiveness. Employee's annual salary, as it may be adjusted from time to time, will be his "base salary for purposes of future calculations of benefits."
Compensation; Other Benefits. (a) As compensation for the services hereunder during the term of this Agreement, the Company shall pay to the Executive, and the Executive shall accept, a salary of Ten Thousand and 00/100 ($10,000) Dollars per annum during the term of this Agreement. Such salary shall be payable bi-monthly in accordance with the customary payroll practices, subject to any deductions or withholding required by applicable law. Executive hereby agrees to
Compensation; Other Benefits. As compensation, Employee shall receive the following: • An annual salary of $120,000 for the first 90 days of employment, after the expiration of such 90-day period the annual salary shall increase to $150,000.
Compensation; Other Benefits a. For all services rendered by Employee to Employer under this Agreement, Employer shall pay to Employee, for the stated period beginning on the date hereof, an annual salary of $149,000.00, payable in accordance with the payroll practices of Employer applicable to all officers. This salary may be reviewed for an increase sooner if approved by Employee’s Board of Directors. Any salary increase payable to Employee shall be determined based on a review of Employee’s total compensation package, Employer’s performance, the performance of Employee and market competitiveness. Employee’s annual salary, as it may be adjusted from time to time, will be his base salary for purposes of future calculations of benefits. The base salary for purposes of future calculation of benefits may not be reduced. b. Except as modified by this Agreement, Employee shall be entitled to participate in all compensation or employee benefit plans or programs for which Employee may legally be eligible. Employee shall be entitled to four weeks of vacation per year. c. Employer shall pay or reimburse Employee for all reasonable travel and other expenses incurred by Employee (and his spouse where there is a legitimate business reason for his spouse to accompany him) in connection with the performance of his duties and obligations under this Agreement, subject to Employee’s presentation of appropriate vouchers in accordance with such procedures as Employer may from time to time establish for executive officers generally. d. Employer shall provide Employee with a Company vehicle for business and personal use. e. Employer shall pay or reimburse Employee for annual membership at The Pines Country Club.
