Gross Compensation. Your gross CTC including annual bonus would be up to USD 350,000 (Three Hundred Fifty Thousand USD Only) per annum including annual performance bonus USD 17,500 (Seventeen Thousand Five Hundred USD only). The annual performance bonus will be paid in 2 equal tranches in October and March respectively, this is basis performance and prorated starting as of the Effective Date. The mentioned amounts will be converted into INR at the currency exchange rate applicable on the date of disbursement.
Gross Compensation. It is agreed that the compensation will be:
Gross Compensation. 3.1 The Managing Director shall receive in connection with the termination of the Service Agreement a compensation in the amount of EUR 200,000 (“Compensation”). The Compensation shall be due and payable immediately after the Termination Date, however, only after - the condition subsequent in Section 9 regarding the effectiveness of this Agreement has occurred, - has returned the Company car pursuant to Sec. 4.1 below to the headquarters of the Company in Eichenzell or Xxxxx Xxxx GmbH has Haftung für den Verlust des Stammkapitals dieser französischen Tochtergesellschaft treffen sollte; eine darüber hinausgehende Freistellung der Gesellschaft sowohl hinsichtlich der Haftungshöhe als auch hinsichtlich des Haftungsgrundes ist ausgeschlossen.
2.5 Über die Entlastung als Geschäftsführer der Gesellschaft sowie der mit ihr verbundenen Unternehmen wird im gewöhnlichen Geschäftsgang beschlossen. Die Entlastungsbeschlüsse werden dem Geschäftsführer schriftlich mitgeteilt.
2.6 Der Geschäftsführer verpflichtet sich zudem soweit erforderlich an der Auflösung und Abwicklung der französischen Tochtergesellschaft der Gesellschaft mitzuwirken und hierzu alle notwendigen oder nützlichen Erklärungen abzugeben soweit damit nicht die Übernahme einer persönlichen Haftung durch den Geschäftsführer verbunden ist.
Gross Compensation. A teacher may elect for KPERS purposes only, three (3) years prior to retirement, in writing and delivered to the Board by May 1 (September 1 for the 2023-2024 school year), to have included in his gross compensation for the following three (3) years the Section 125 fringe benefit contribution amount (Section F, 3(a) above) of the Board’s contribution amount paid toward health insurance. This election is limited to one (1) three (3)-year period and may not be ceased and restarted. At the time the election is presented to the Board, the employee will file a written resignation effective at the end of the third school year. The employee must take the District’s Health Insurance in order to choose this Gross Compensation provision and continue during the three (3) year period. The employee understands that they may have increased tax obligations based on this election and will seek their own advice as the tax and overall financial effect of the election and further that while KPERS has orally indicated acceptance of the higher gross amount the District does not warrant that KPERS will ultimately accept this higher gross amount in computing benefits. (2023-24) (2024-25)
Gross Compensation. CONTRACTOR’s gross compensation shall be as set forth in Appendix B (CONTRACTOR Compensation Rates), and this gross compensation shall constitute the total compensation for the use of the Equipment and for everything furnished, provided, done by, or required of CONTRACTOR in connection with this Agreement, including but not limited to driving of the Equipment and all non-driving activities such as conducting pre- and post-trip inspections of the Equipment, waiting to load or unload (detention), loading or unloading if required, fueling, repairing and maintaining the Equipment, spotting, hooking and unhooking empty trailers, preparing logbooks and other paperwork, and other activities and services. All mileage computations shall be based on the most recent edition of CARRIER’s Rand XxXxxxx MileMaker®. CONTRACTOR may refuse any specific shipment offered by CARRIER. CONTRACTOR is not prohibited from entering into separate agreements to provide equipment and other professional truck drivers not identified as Equipment above or in an attachment and drivers not used to service this Agreement, to other motor carriers. As indicated in Section 9 (CONTRACTOR’s Operating Expenses) and Section 5 (Charge-Backs) of this Agreement, CONTRACTOR – as an independent contractor, not an employee – agrees to pay all of CONTRACTOR’s operating expenses (including but not limited to those that CARRIER initially advances and later charges back to CONTRACTOR) out of the gross compensation provided under this Section and Appendix B (CONTRACTOR Compensation Rates) and any other CONTRACTOR moneys. Under no circumstances shall CARRIER be responsible for these operating expenses.
Gross Compensation. Pursuant to Section 3 of this Agreement, Carrier will pay Contractor gross compensation, comprising Base Compensation and Additional Compensation, as described in this section.
Gross Compensation. Your gross CTC including annual bonus would be up to USD 300,000 (USD Three hundred thousand only) i.e. INR 2,30,00,000/- (Rupees Two Crore Thirty Lakhs Only) per annum. Effective May 2, 2023, your gross CTC including annual bonus would be up to USD 350,000* (USD Three hundred fifty thousand only) i.e INR. 2,68,33,333/- (Rupees Two Crore Sixty-Eight Lakhs Three Thousand Thirty-Three Only) per annum.*In case the CTC amount paid to incumbent falls short of USD. 350,000 (USD Three hundred fifty thousand only) than the difference of amount will be paid as a one-time bonus at the end of the year. 95% of gross CTC amount shall be paid as base salary, with the remaining 5% of the gross amount potentially payable as an annual variable pay opportunity.
