Duties and Salary Sample Clauses

Duties and Salary. (a) CSC agrees to employ the Employee and the Employee agrees to accept employment by CSC on a full-time basis as President of CSC at a base salary of $180,000.00 per year payable twice monthly during the Term of Employment, as hereinafter defined. Such salary may be increased from time to time in the discretion of the CSC Board of Directors. (b) The Employee hereby agrees to undertake such travel as may be required in the performance of his duties. The reasonable travel expenses of the Employee shall be reimbursed in accordance with CSC's reimbursement policy, in effect from time to time. The Employee shall not be required to relocate from the Birmingham, Alabama area without his consent. (c) The Employee shall carry out his duties under the general supervision of the Board of Directors of CSC. (d) The Employee's duties shall include the duties and responsibilities identified on Schedule I attached hereto. The Employee shall perform such other tasks and duties as may be assigned by CSC, from time to time and CSC reserves the right to change the office and/or position of the Employee within CSC, so long as such change is mutually acceptable. The Employee shall devote his full time, attention, skill and efforts to the tasks and duties assigned by CSC. The Employee shall not provide services, for compensation, to any other person or business entity while employed by CSC without the written consent of CSC. (e) Effective on the date hereof, Employee shall be granted an incentive stock option to purchase 22,000 shares of common stock of Xxxxxxx Research Corporation which grant shall be by a separate option grant agreement on the first day of employment hereunder, provided that if the number of shares over which options may be exercised would exceed the maximum number permitted for incentive stock options by the Internal Revenue Code such excess shall be granted as non-statutory stock options under the NRC Stock Option Plan by a separate option grant agreement on the first day of employment hereunder which shall be subject to the same vesting schedule as the incentive stock options.
AutoNDA by SimpleDocs
Duties and Salary. (a) SELECT agrees to employ the Employee and the Employee agrees to accept employment by SELECT on a full-time basis as Vice President and General Manager of SELECT at a base salary of $10,416.67 per month plus such incentive compensation as the Board of Directors of SELECT (the "Board") may determine payable during the Term of Employment, as hereinafter defined. Such salary shall be subject to increases from time to time as authorized by the Board. (b) The Employee hereby agrees to undertake such travel as may be required in the performance of his duties. The reasonable travel expenses of the Employee shall be reimbursed in accordance with SELECT's reimbursement policy, in effect from time to time. (c) The Employee shall carry out his duties under the general supervision of the Board or its designee. (d) The Employee's duties shall include the duties and responsibilities identified on Schedule I attached hereto. The Employee shall perform such other tasks and duties as may be assigned by SELECT, from time to time and SELECT reserves the right to change the office and/or position of the Employee within SELECT, so long as such change is mutually acceptable. The Employee shall devote his full time, attention, skill and efforts to the tasks and duties assigned by SELECT. The Employee shall not provide services, for compensation, to any other person or business entity while employed by SELECT without approval of the Board. (e) The Employee shall not be required to relocate beyond the Birmingham, Alabama, metropolitan area without his consent.
Duties and Salary. During the Term, you will be employed as Chief Operating Officer and have such duties and responsibilities as commensurate with such position at a substantially similar publicly traded company, including structuring, consulting, advisory or management services in connection with the Company’s initial business combination as directed from time to time by the Chief Executive Officer of the Company or his designee. During the Term, you will not be permitted to be employed as an officer of any other publicly traded company without the consent of the Company. For all services rendered under this Agreement, you will receive an aggregate base salary of $10,000 a month, payable in accordance with the Company’s applicable payroll practices.
Duties and Salary. A. XXXX agrees to employ XXXXXXXXX XXXXXXXX as full-time CITY ATTORNEY of the City to perform the functions and duties specified in the Charter and Municipal Code and to perform such other legally permissible and proper duties and functions as the COUNCIL may from time to time assign. B. COUNCIL agrees to pay XXXXXXXXX XXXXXXXX, for her services rendered pursuant hereto, an annual base salary of $288,392 payable in installments at the same time as the other management employees of the CITY are paid. In addition, COUNCIL agrees to increase said base salary by the cost-of-living adjustment approved by the COUNCIL for all CITY management employees under any successor Management Compensation Resolutions.
Duties and Salary. (a) CSSi agrees to employ the Employee and the Employee agrees to accept employment by CSSi on a full-time basis as President of CSSi at an annual initial base salary of $120,000 payable during the Term of Employment, as hereinafter defined. ("CSSi" as used herein refers to CSSi as a wholly owned subsidiary of NRC, any successor entity, and NRC itself in the event CSSi or its assets and/or operations are merged into NRC.) Such initial salary shall be payable in equal installments during each month or such other pay periods established from time to time by the Board of Directors of CSSi (the "Board") or the Board of Directors of NRC (the "NRC Board"), pursuant to their standard employment practices. The Employee's duties shall include the following: (i) to promote the growth of and manage the business and day to day operations of CSSi; (ii) to perform the duties normally associated with the Office of President or such other office to which Employee may be nominated and appointed by the Board, subject to control and direction of the Board or the NRC Board; (iii) to train and supervise CSSi's employees and to perform or cause to be performed quality control for projects and contracts performed by CSSi; (iv) to manage and/or actually assist in the bidding and performance of major or material projects and contracts undertaken by CSSi and/or NRC; (v) to direct and supervise the sale and marketing of CSSi's contracts, services and products and, if requested, the contracts, services and products of NRC; (vi) to assist NRC in developing business with CSSi customers utilizing NRC products and services; (vii) to assist NRC in developing business with NRC customers utilizing CSSi products and services; and (viii) to perform such other and/or different duties as may be determined or delegated by the Board or the NRC Board, consistent with the duties of the President. (b) CSSi agrees to employ the Employee for the Term of Employment, except as hereinafter provided. The Employee hereby agrees to undertake such travel as may be required in the performance of his duties. The reasonable travel expenses of the Employee shall be reimbursed in accordance with CSSi's reimbursement policy, in effect from time to time. (c) The Employee shall carry out his duties under the general supervision of the Board or its designee and/or the NRC Board or its designee. (d) The Employee shall perform such other tasks and duties as may be assigned by CSSi, from time to time and CSSi and/or NRC...
Duties and Salary. Commencing on July 1, 2016 you will generally work out of the Company’s offices in New York, but will be expected to travel in connection with your duties as Chief Executive Officer as reasonably required. As Chief Executive Officer, you will (i) carry out your duties, as directed by the Board, in a diligent, competent, faithful and professional manner; (ii) work with other officers and employees of the Company and the Group Companies in a competent and professional manner; and (iii) generally promote the interests of the Group Companies. Your annual base salary payable by Criteo commencing as of July 1, 2016 will be $550,000 (your “Salary”), less applicable taxes, deductions and withholding. Your Salary will be payable in accordance with the Company’s standard payroll practices and subject to annual review by the Board.
Duties and Salary. (a) TXEN agrees to employ the Employee and the Employee agrees to accept employment by TXEN on a full-time basis as
AutoNDA by SimpleDocs
Duties and Salary. A. CITY agrees to employ XXXXX X. XXXXXXX as full-time City Manager of the City to perform the functions and duties specified in the Charter and Municipal Code and to perform such other legally permissible and proper duties and functions as the COUNCIL may from time to time assign. B. It is recognized XXXXX X. XXXXXXX is an exempt employee but is expected to engage in those hours of work that are necessary to fulfill the obligations of the City Manager's position. The parties acknowledge XXXXX X. XXXXXXX will not regularly participate in a formal 9-80 work schedule as is provided to department heads and certain other City employees as part of the City's Trip Reduction Incentive Program. However, XXXXX X. XXXXXXX is authorized, with appropriate notification to Council, to from time to time modify his regular work schedule in order to take time off with pay while ensuring appropriate coverage of his duties as City Manager. Leave pursuant to this provision shall not be used in lieu of vacation or administrative leave. C. COUNCIL agrees to pay XXXXX X. XXXXXXX, for his services rendered pursuant hereto, a starting annual base salary of $290,290 effective the first full pay period in April 2023 payable in installments at the same time as the other management employees of the CITY are paid. In addition, COUNCIL agrees to increase said base salary by the cost-of-living adjustment approved by the COUNCIL for all CITY management employees under any successor Management Compensation Resolutions.
Duties and Salary. A. CITY agrees to employ XXXXXXX XXXXXXXX as full-time City Manager of the City to perform the functions and duties specified in the Charter and Municipal Code and to perform such other legally permissible and proper duties and functions as the COUNCIL may from time-to-time assign. B. It is recognized CITY MANAGER is an exempt employee, but is expected to engage in those hours of work that are necessary to fulfill the obligations of the City Manager’s position. The parties acknowledge CITY MANAGER, in her first year of employment and until further consideration thereafter between CITY MANAGER and the Council, will not regularly participate in a formal 9-80 work schedule as is provided to department heads and certain other City employees as part of the City’s Trip Reduction Incentive Program. However, CITY MANAGER is authorized, with appropriate notification to Council, to from time to time modify her regular work schedule in order to take time off with pay, subject to otherwise applicable leave policies and within available leave balances, while ensuring appropriate coverage of her duties as City Manager. Leave pursuant to this provision shall not be used in lieu of vacation or administrative leave, which leave balances shall be utilized where the hours spent performing duties of the City Manager are less than forty (40) hours in a given work week. C. COUNCIL agrees to pay CITY MANAGER, for her services rendered pursuant hereto, a starting annual base salary of $300,040, payable in installments at the same time as the other management employees of the CITY are paid. In addition, COUNCIL agrees to increase said base salary by the cost-of-living adjustment approved by the COUNCIL for all CITY management employees under any successor Management Compensation Resolutions.
Duties and Salary. A. Commencing on the Start Date, EMPLOYEE shall perform the functions and duties of the City Manager specified in the Charter and Municipal Code and such other legally permissible and proper duties and functions as the COUNCIL may from time to time assign. B. As compensation for EMPLOYEE’s services, the COUNCIL agrees to pay EMPLOYEE, on a bi-weekly basis, an annual salary of $273,104, effective on the EMPLOYEE’s Start Date. The Interim City Manager position is exempt from the overtime provisions of the Fair Labor Standards Act and is not eligible for overtime pay. In addition, the COUNCIL agrees to increase said base salary by the cost-of-living adjustment provided by the COUNCIL for all CITY management employees under any successor Management Compensation Resolutions. C. EMPLOYEE’s annual evaluation for her permanent role of Assistant City Manager pursuant to the Management Pay for Performance Guidelines will proceed as otherwise provided in the Management evaluation guidelines and she may be considered for an annual pay increase for the Assistant City Manager position, with adjustments to her regular position salary effective the second full pay period in April 2024 with written documentation of satisfactory performance. In the event the Interim City Manager returns to her prior position at any time after the execution of this Agreement, she shall receive the adjusted salary as implemented in accordance with the pay for performance evaluation process for management employees and the then- applicable management resolution immediately from and after the date of resuming the Assistant City Manager position, without penalty for the period of service as Interim City Manager.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!