Further Education Fund Contributions. The Company shall pay an amount equal to 7.5% of the Manager’s Salary and shall deduct 2.5% from the Manager’s Salary to be paid on behalf of the Manager toward a further education fund (“keren hishtalmut”) to be selected by the Manager. The amounts paid to the education fund shall be limited to those determined from time to time by the Israeli Tax Authorities, for which no tax applies.
Appears in 4 contracts
Samples: Personal Employment Agreement (Nano Dimension Ltd.), Personal Employment Agreement (Nano Dimension Ltd.), Personal Employment Agreement (Nano Dimension Ltd.)
