Further Education Fund Contributions. The Company shall pay a sum equal to 7.5% of the Executive's Base Salary and shall deduct 2.5% from the Executive's Base Salary to be paid on behalf of the Executive toward a further education fund. Use of these funds shall be in accordance with the by-laws of such fund.
Appears in 7 contracts
Samples: Employment Agreement (Kaltura Inc), Employment Agreement (Kaltura Inc), Employment Agreement (Kaltura Inc)
Further Education Fund Contributions. The Company shall pay a sum equal to 7.5% of the ExecutiveEmployee's Base Salary and shall deduct 2.5% from the ExecutiveEmployee's Base Salary to be paid on behalf of the Executive Employee toward a further education fund. Use of these funds shall be in accordance with the by-laws of such fund.
Appears in 2 contracts
Samples: Employment Agreement (MediaMind Technologies Inc.), Employment Agreement (MediaMind Technologies Inc.)
Further Education Fund Contributions. The Company shall pay a sum equal to 7.5% of the Executive's Base Salary and shall deduct 2.5% from the Executive's Base Salary to be paid on behalf of the Executive toward a further education fund. Use of these funds shall be in accordance with the by-laws of such fund.
Appears in 1 contract
Samples: Executive Employment Agreement (SCNV Acquisition Corp)
Further Education Fund Contributions. The Company shall pay a sum equal to 7.5% of the Executive's Base Salary and shall deduct 2.5% from the Executive's Base Salary to be paid on behalf of the Executive toward towards a further education fundfund (the “Further Education Fund”). Use of these funds shall be in accordance with the by-laws of such fund.
Appears in 1 contract
Samples: Employment Agreement (Arel Communications & Software LTD)
