Fixed remuneration. (1) The Investee Company shall pay fixed remuneration for the participation at 6% each year. This is due and payable in two equivalent instalments on 30 June and 31 December each year.
Fixed remuneration. For the implementation of the mandate as manager in accordance with this Agreement, the annual remuneration, as of April 1, 2013 is set at EUR 169,505.00 This remuneration will be paid to the MANAGER in 12 equal monthly installments at the end of each calendar month. In the case of late payment, legally and without notice, a monthly interest equal to the legal interest rate for late payment in commercial transactions shall be indebted. In case of suspension of the execution of this agreement due to incapacity of the MANAGER for more than 30 consecutive calendar days, the payment of the remuneration provided for in this clause shall be suspended for the period following the 30th calendar day of disability until the date of resuming the activities. In addition to the fixed remuneration as provided for in the first paragraph of clause 5, the MANAGER is also entitled to
Fixed remuneration. A separate international pay structure operates for expatriates and is called Expatriate Net Pay (ENP). An ENP worksheet is enclosed, and a detailed explanation of the methodology is included in the attachment. The ENP is calculated from your current home country total remuneration.
Fixed remuneration. 6.1.1 Particulars of the annual fixed guaranteed package for the period 1 September 2005 to 1 April 2006 pertaining to this position, are stipulated hereunder: Basic pensionable salary 2,144,137 Retirement fund – Telkom contribution 278,738 Other benefits* 1,273,913 TOTAL 3,696,788 *Other benefits consist of company contribution towards medical aid, motor car allowance and other cash benefits.
Fixed remuneration. In return for performing his duties, the Management Board Member will receive a gross fixed annual salary of EUR 288,000 (in words: two hundred and eighty-eight thousand euros), which is payable in twelve equal monthly instalments as of the first day of each calendar month. [Translation from the German language]
Fixed remuneration. The agreed fixed remuneration will be charged annually in advance. In case a security has not been outstanding over an entire month, the remuneration is reduced respectively. Index Remuneration p.a If this table does not contain a Customized Index no fixed remuneration is due.
Fixed remuneration. The amount of the fixed remuneration of executive directors, for undertaking executive management duties, will be established in a way that is competitive with respect to other comparable entities by market and dimension, although taking into account the circumstances of each fiscal year.
Fixed remuneration specified in Clause 6.1 hereof shall be paid once a quarter, and not later than the 15th day of the month following the period for which the remuneration is being paid. 130 These rules relate only to non-executive directors. Executive directors typically do not receive any remuneration for sitting on the Supervisory Board. 167
Fixed remuneration. The current fixed remuneration will be increased to EUR 250,000.00 gross with effect from the commencement of this Contract. Payment will be made in twelve equal monthly instalments, in each case at the end of each month, into the account of Xx Xxxx into which payments are currently made. The fixed remuneration and the other remuneration components will be deemed to fully compensate Xx Xxxx for his activity. Any overtime, based on the current individual regular weekly working hours of at least 40 hours, will also be deemed paid.
Fixed remuneration. 1. Due to Xx Xxxx’ increased responsibility, the current fixed remuneration will be increased to EUR 250.000,00 gross with effect from beginning of this contract. Payment will be in twelve equal monthly instalments, in each case at the end of the month, into the account of Xx Xxxx into which payments are currently made, in Euros.
2. The fixed remuneration and the other remuneration components will be deemed to fully compensate Xx Xxxx for his activity in connection with his employment by ads E. Any overtime, based on the current individual regular weekly working hours of at least 40 hours, will also be deemed paid.
