Current Base Salary Clause Samples
The 'Current Base Salary' clause defines the employee's fixed annual or monthly salary amount as of the effective date of the agreement. This clause typically specifies the exact salary figure, clarifies whether it is paid in regular installments (such as bi-weekly or monthly), and may reference eligibility for future adjustments or reviews. Its core practical function is to establish a clear, mutual understanding of the employee's compensation, thereby preventing disputes or misunderstandings regarding pay.
Current Base Salary. Effective the first full pay period after City Council formal approval of this AGREEMENT at a regularly scheduled City Council meeting, EMPLOYEE shall receive One Hundred Ninety Thousand Dollars ($190,000.00) as his annual base salary for the city manager position (Salary), which shall be paid on a pro-rated basis bi- weekly at the same time as other employees of the CITY are paid. The Salary shall be subject to normal and proper withholdings as determined by state and federal law and as determined appropriate by the City Council and shall be subject to payroll taxes, workers’ compensation, and other payroll-related liability costs.
Current Base Salary. Executive shall continue to receive an annualized base salary at the rate of $1,020,000 (the “Current Base Salary”), payable in accordance with the Company’s payroll practices in effect from time to time. The Current Base Salary shall continue in effect until the later of (i) December 31, 2021 or (ii) the Transition Date.
Current Base Salary. ▇▇. ▇▇▇▇▇▇-▇▇▇▇▇▇ shall continue to receive his current annual base salary in effect as of the date of this Agreement through January 31, 2012, which will be paid through Walmart’s regular payroll, less applicable withholdings;
Current Base Salary. Your current base salary will be periodically reviewed, paid semi-monthly and subject to withholding of all applicable taxes and benefit deductions.