EMOLUMENT Sample Clauses

EMOLUMENT. 4.1 Executive shall be entitled to an annual fixed gross emolument of CHF 545,500 (the “Base Renumeration”). The Base Remuneration shall be split into two (2) amounts: (a) CHF 400,000 of which shall be payable in Switzerland, after deduction of Executive’s withholding taxes, as applicable under applicable laws and regulations, in twelve monthly gross installments of CHF 33,333; and (b) CHF 145,500 of which shall be payable in the United States, after deduction of Executive’s contributions to social security, medicare and 401(k), in twelve monthly gross installments of USD 9,926. Any emolument paid for a period of less than a full month shall be prorated based on the actual number of days elapsed. 4.2 During his employment hereunder, Executive will be entitled to a bonus of up to 60% of the Base Remuneration as provided in the EnerSys Management Incentive Plan, as amended from time to time (the “MIP”). Such amount shall be payable in Switzerland in Swiss Francs, less any contributions or deductions required under applicable law. 4.3 The above emolument compensates for the entire working time necessary for carrying out and performing the duties and obligations of Executive’s position and function. 4.4 Executive will be able to participate in EnerSys 2006 Equity Incentive Plan and any successor plan thereto (the “EIP”) on the same basis as other senior managers of the EnerSys group. Executive acknowledges that all awards granted under the EIP to Executive, if any, are at the sole discretion of the Board of Directors of EnerSys.

EMOLUMENT. 2、1 基本工资：每年25万美元，每月分别为20833美元。 2.1 Basic wage: USD 250 thousand per year, with USD 20833 in every month.

EMOLUMENT. A. As base compensation for the services rendered by the Executive hereunder, the Company will pay him a salary of $200,000 per annum, plus fifty percent (50%) of the fees generated by Executive as producer for Company related projects. The aforesaid salary shall initially be payable in 26 equal payments commencing two (2) weeks from the date hereof, or on such other basis, such as weekly or monthly as determined by the Board of Directors of the Company. The Board of Directors of the Company may, from time to time, increase the Executive's salary or pay such discretionary bonuses as it deems appropriate, but such increases shall neither affect nor alter the fixed obligation of the Company as herein provided or referred to.

EMOLUMENT. 2.1 In his capacity as Managing Director of HAWKER BELGIUM S.A., Xx. Xxxxx shall receive, subject to the provisions of this Agreement, an annual fixed gross emolument of EURO 286,168.28 payable monthly in twelve monthly installments of EURO 23,847.36 each (the Base Remuneration). Any emolument paid for a period of less than a full month shall be prorated based on the actual number of days elapsed. 2.2 During the term of this Agreement, Xx. Xxxxx will be entitled to a bonus of up to 60% of the Base Remuneration as provided in the Enersys incentive bonus plan as amended from time to time. 2.3 In addition to his Base Remuneration and the bonus to which he is entitled, Xx. Xxxxx shall have the following benefits: • Company Car: the Company will provide or bear the cost of one automobile and reasonable operating expenses for business and personal use for the duration of the Mandate in accordance with Company policy as in effect from time to time. • Home Leave: the company will reimburse Xx. Xxxxx and his immediate family for the actual cost incurred of two direct round trip coach class air flights between Brussels and one United States destination during each year of the Mandate term. Xx. Xxxxx will be responsible for living and other expenses during any home leave.

EMOLUMENT. A. As base compensation for the services rendered by the Executive hereunder, the Company shall pay him a salary during this Employment Agreement in an amount as set by the Board of Directors of the Company. The Executive shall not receive any salary the first year of this Agreement, but shall thereafter receive an annual salary. The aforesaid salary shall initially be payable in 26 equal payments commencing two (2) weeks from the date hereof, or on such other basis, such as weekly or monthly as determined by the Board of Directors of the Company. The Board of Directors of the Company may, from time to time, increase the Executive's salary or pay such discretionary bonuses as it deems appropriate, but such increases shall neither affect nor alter the fixed obligation of the Company as herein provided or referred to.

EMOLUMENT. 2、1 基本工资：每年33万美元，每月分别为2.75万美元。 2.1 Basic wage: USD 330,000 per year, to be paid at USD 27,500 monthly. 2.2 期权激励计划：在乙方上任之日，甲方奖励300,000股的期权,以乙方上市公司的普通股为基础,在乙方完成每12个月的雇佣服务时，乙方有权利执行100,000股的行权。行权日在乙方完成雇佣的每12个月的结束日。所有期权行权价将是2016年1月27日的收盘价，即每股$0.71。期权的行权期为从行权日之后的5年内有效。除非在此合同里有特定说明，没有固化(vested)的期权在此合同终止后自动作废。

EMOLUMENT a. Basic Pay: Nu. [Nu. (in words)… only] b. Contract Allowance on monthly basic pay : (if eligible) Nu....................................... c. Annual Increment: (if eligible) Nu. .......................................

EMOLUMENT. A. As base compensation for the services rendered by the Executive hereunder, the Company shall pay him a salary of $120,000 per annum. The aforesaid salary shall initially be payable in 26 equal payments commencing two (2) weeks from the date hereof, or on such other basis, such as weekly or monthly as determined by the Board of Directors of the Company. The Board of Directors of the Company may, from time to time, increase the Executive's salary or pay such discretionary bonuses as it deems appropriate, but such increases shall neither affect nor alter the fixed obligation of the Company as herein provided or referred to.