Compensation Salary. So long as funds are available to the Corporation, after the payment of all expenses, payroll, taxes and fees, the Shareholders shall receive the following compensation from the Corporation: (a) Xxxxxxxxx shall receive an annual salary of $250,000 for services rendered in managing the day to day operations of the Corporation; (b) PCP shall receive an annual consulting fee of $83,333 for services rendered in directing the corporate governance and financial affairs of the Corporation.
Appears in 4 contracts
Samples: Shareholders Management Agreement (EnterConnect Inc), Shareholders Management Agreement (EnterConnect Inc), Shareholders’ Management Agreement (EnterConnect Inc)
