Duties, Compensation and Benefits Sample Clauses

Duties, Compensation and Benefits. You will serve as the General Counsel, Corporate Secretary, and Chief Compliance Officer, reporting to the President and CEO. You will work at our facility located at 0000 Xxxx Xxxxxxxxx xx Xxxx Xxxx, Xxxxxxxxxx. Your salary will be $390,000 per year, less payroll deductions and withholdings. You will be paid semi-monthly, or in accordance with Company’s compensation practices for other employees in place at the time. In addition, you will be eligible for an annual bonus, targeted at 40% of your base salary, subject to applicable payroll deductions and withholdings (“Bonus”). Whether you receive this Bonus, and the amount of any such Bonus, will be determined by the Company in its sole discretion based upon your performance, the Company’s performance and such other criteria that the Company deems relevant. Any Bonus shall be paid within thirty (30) days after the Company’s determination that a Bonus shall be awarded. You will be eligible to earn a Bonus for any full calendar year provided that you remain employed by the Company as of December 31 of that year. As an exempt salaried employee, you will be expected to be available and working during the Company’s regular business hours, and without additional compensation, for such extended hours or additional time as appropriate to manage your responsibilities. The Company reserves the right to reasonably require you to perform your duties at places other than its Palo Alto facility from time to time, and to require reasonable business travel, including international travel, at the Company’s expense. You will be eligible for the following standard Company benefits: medical insurance, paid time off (PTO), 401(K), Employee Stock Purchase Plan (ESPP) and holidays. Details about these benefits are provided in the Employee Handbook and Summary Plan Descriptions, available for your review. Eiger may change compensation and benefits from time to time in its discretion. ACTIVE 269404020 Exhibit 10.1 Subject to approval by the Company’s Board of Directors (the “Board”) the Company shall grant you an option to purchase 180,000 shares (the “Option”) of the Company’s Common Stock, with an exercise price equal to fair market value of a share of Company Common Stock as of the date of grant. The Option will be subject to the terms and conditions of the underlying equity plan and your grant agreement. Your grant agreement will include a four-year vesting schedule, under which 25 percent of your shares will vest after twelve ...
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Duties, Compensation and Benefits. 2.1. Title.
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Duties, Compensation and Benefits. 2.1. Title. President and Chief Operating Officer.
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Duties, Compensation and Benefits. During the Transition Period: (i) you will continue in your full-time employment role as the Company’s President and Chief Executive Officer, you will continue to devote substantially all of your business time and best efforts to the performance of such duties, and you will also transition your work load and provide other transition assistance, including transition assistance related to the appointment and integration of a new Company Chief Executive Officer, as reasonably requested by the Board; (ii) the Company will continue to pay your annual base salary (which as of January 1, 2019 will be paid at the rate of $661,300 annually), (iii) you will continue to be eligible to participate in the employee benefit plans in which you are currently enrolled (pursuant to the terms and conditions of those benefit plans); (iv) you will continue to vest in any stock options, restricted stock units, or other equity awards that you have previously been granted by the Company, which shall continue to be governed in all respects by the terms of the applicable grant agreements, grant notices, and plan documents; (v) you will receive an annual performance bonus for the 2018 fiscal year in an amount equal to 105% of your 2018 Target Bonus Amount, with such bonus payment occurring at the same time it is paid to other executive employees of the Company; and (vi) you will remain eligible to receive the Prorata Annual Bonus Payment (as defined in Section 4(d) below) for the 2019 fiscal year. You will also receive weekly updates on the status of the New CEO hiring process from either the Company’s SVP, General Counsel or SVP, Human Resources, and you will receive all related materials that are provided to the full Board regarding the New CEO hiring process.
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Duties, Compensation and Benefits. 2.1. Title. Chief Financial Officer.
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Duties, Compensation and Benefits. You will devote substantially all of your business time and best efforts to the performance of your duties hereunder during the Transition Period. The Company will continue to pay your regular base salary and you will continue to be eligible to participate in the employee benefit plans in which you are currently enrolled and/or participating (subject to the terms and conditions of those plans), and the Company will continue to reimburse all expenses (including commuting expenses) as provided in the Amended and Restated Employment Agreement dated April 1, 2015 between you and the Company (the “Employment Agreement”). You will cease serving in all current and previously held roles, including without limitation, Chief Operating Officer and Executive Vice President of Clinical Development, and global medical monitor on the date you execute this Agreement (the “Execution Date”) and will no longer be responsible for managing a team and shall instead provide services as an individual contributor. During the Transition Period, you agree to: (i) exercise the highest degree of care and professionalism; and (ii) fully utilize your expertise in performing the job duties described on Exhibit B.
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Duties, Compensation and Benefits. 2.1. Title. President and Chief Executive Officer of C&TA.
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Duties, Compensation and Benefits. Job Duties – Employee shall perform the job duties of a Travel Professional as may be assigned to Employee by Employer. Employee acknowledges that Employer may modify Employee’s job duties at any time as it sees fit and in its sole discretion. Compensation –[ONE OF THE FOLLOWING SHOULD BE USED, AND THE OTHER OPTIONS DELETED] Employer shall pay Employee at the hourly rate of [RATE] per hour based on Employer’s normal payroll procedures. Employee’s hourly rate shall be subject to change at the sole discretion of Employer and such changes shall be deemed amendments of this subsection only and shall be valid after notice of such change is given to Employee. Employee may not work more than forty (40) hours per week without obtaining prior approval from Employer; if the Employee does work more than forty (40) hours per week, the time worked over forty (40) hours in that week will be paid at the time-and-one-half rate of [OVERTIME RATE]. Employer shall pay Employee at the weekly salary rate of [RATE] per week based on Employer’s normal payroll procedures. Employee’s weekly salary rate shall be subject to change at the sole discretion of Employer and such changes shall be deemed amendments of this subsection only and shall be valid after notice of such change is given to Employee. Employee may not work more than forty (40) hours per week without obtaining prior approval from Employer; if the Employee does work more than forty (40) hours per week, then the amount of additional overtime due to the Employee will be calculated by the Fluctuating Workweek method, in which the regular rate is determined by dividing all pay that week by all hours worked that week, and the additional overtime paid is 0.5 multiplied by the regular rate multiplied by the number of hours worked over forty (40) that week. Employer shall pay Employee at the weekly salary rate of [RATE]. Employee is an exempt employee for purposes of the Fair Labor Standards Act. Employer shall pay Employee on a commission basis as follows: _______________________________________________________ Hours – Employee is expected to work [NUMBER] hours per week. [IF APPLICABLE] Normal working hours are ______ on the following days: _______________. Benefits – [ONE OF THE FOLLOWING SHOULD BE USED, AND THE OTHER OPTION DELETED] Employee shall not be entitled to the receipt of any Employer benefits. Employee will receive the following benefits: ____________________.
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Duties, Compensation and Benefits 
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Related to Duties, Compensation and Benefits

  • Other Compensation and Benefits Except as may be provided under this Agreement,

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Accrued Compensation and Benefits Notwithstanding anything to the contrary in Section 2 and 3 above, in connection with any termination of employment upon or following a Change in Control (whether or not a Qualifying Termination or CIC Qualifying Termination), the Company or its subsidiary shall pay Executive’s earned but unpaid base salary and other vested but unpaid cash entitlements for the period through and including the termination of employment, including unused earned vacation pay and unreimbursed documented business expenses incurred by Executive prior to the date of termination (collectively “Accrued Compensation and Expenses”), as required by law and the applicable Company or its subsidiary, as applicable, plan or policy. In addition, Executive shall be entitled to any other vested benefits earned by Executive for the period through and including the termination date of Executive’s employment under any other employee benefit plans and arrangements maintained by the Company or its subsidiary, as applicable, in accordance with the terms of such plans and arrangements, except as modified herein (collectively “Accrued Benefits”). Any Accrued Compensation and Expenses to which the Executive is entitled shall be paid to the Executive in cash as soon as administratively practicable after the termination, and, in any event, no later than two and one-half (2-1/2) months after the end of the taxable year of the Executive in which the termination occurs or at such earlier time as may be required by applicable law or Section 10 below, and to such lesser extent as may be mandated by Section 9 below. Any Accrued Benefits to which the Executive is entitled shall be paid to the Executive as provided in the relevant plans and arrangements.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • Severance Compensation and Benefits Not in Derogation of Other Benefits Anything to the contrary herein contained notwithstanding, the payment or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, the Executive shall not be entitled to any payment under the Company’s severance policy for officers and directors.

  • Vacation and Benefits The Executive is entitled to four (4) weeks of vacation, which will accrue on a pro-rata basis during the employment year, in addition to all public holidays when the office is closed. Executive will be eligible to participate in all employee benefit plans established by the Company for its employees from time to time, subject to general eligibility and participation provisions set forth in such plans. In accordance with Company policies from time to time and subject to proper documentation, the Company will reimburse you for all reasonable and proper travel and business expenses incurred by you in the performance of your duties.

  • Remuneration and Benefits 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Executive Assistant to the Minister (EXM) classification, a basic annual salary of $58,271 payable in equal bi-weekly installments of $2,233.73, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.

  • Compensation and Benefit Plans Momentive shall not, and shall not permit any of its Subsidiaries to (i) other than in the ordinary course of business consistent with past practice, enter into, adopt, amend (except for such amendments as may be required by law) or terminate any Momentive Benefit Plan, or any other employee benefit plan or any agreement, arrangement, plan or policy between Momentive or a Subsidiary of Momentive and one or more of its directors or officers, (ii) except for normal payments, awards and increases in the ordinary course of business or as required by any plan or arrangement as in effect as of the date hereof, increase in any manner the compensation or other benefits of any director, officer or employee or pay any benefit not required by any plan or arrangement as in effect as of the date hereof or enter into any contract, agreement, commitment or arrangement to do any of the foregoing, (iii) enter into or renew any contract, agreement, commitment or arrangement (other than a renewal occurring in accordance with the terms thereof) providing for the payment to any director, officer or employee of such party of compensation or benefits contingent, or the terms of which are materially altered, upon the occurrence of any of the transactions contemplated by this Agreement (or any event closely associated therewith including without limitation any termination of employment), (iv) grant any stock option, restricted stock, restricted stock unit or other equity-related award pursuant to the Momentive Incentive Plan or otherwise on or after the date hereof or (v) enter into or amend any collective bargaining agreements, except in the ordinary course of business consistent with past practice.

  • Severance Payments; Salary and Benefits The Company agrees to provide Employee with the severance payments and benefits described in Section 4(b) of the Employment Agreement, payable at the times set forth in, and subject to the terms and conditions of, the Employment Agreement. In addition, to the extent not already paid, and subject to the terms and conditions of the Employment Agreement, the Company shall pay or provide to Employee all other payments or benefits described in Section 3(c) of the Employment Agreement, subject to and in accordance with the terms thereof.

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