Gross Compensation Sample Clauses

Gross Compensation. Your gross CTC including annual bonus would be USD. 400,000* (USD Four hundred thousand only) i.e INR. 3,33,00,000/- (Rupees Three Crore Thirty Three Lakhs Only) per annum. *In case the CTC amount paid to incumbent falls short of USD. 400,000 (USD Four hundred thousand only) than the difference of amount will be paid as onetime bonus at the end of one year.
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Gross Compensation. It is agreed that the compensation will be:
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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.
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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.
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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)
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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.
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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.
Sample 1
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Related to Gross Compensation

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if: 4.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 4.2. In the preceding fiscal year, Contractor received:

  • Travel Compensation The Contractor shall not be compensated or reimbursed for travel time, travel expenses, meals, or lodging.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • BROKER COMPENSATION BROKER shall be entitled to a rental commission from all rent monies collected and shall retain any charges deemed "additional rent" or fees in the lease agreement as per outlined in “tiered pricing” Section 16. In the event Owner utilizes services that are not covered under their pricing plan compensation to All County will be as follows: Inspections $99.00 per inspection, Xxxx Pay $5.00 per xxxx, Maintenance Coordination $15.00 per issue, Notice Delivery $25 per notice, Security Claim preparation and mailing $25.00 plus certified postage. Owner can upgrade to next tired pricing plan without penalty, however if going to Peace of Mind they must pay the difference for the insurance premium and be eligible for the program with a Tenant placed by All County that is in good standing. A. COORDINATION FEES:

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Employees' Compensation The Consultant shall be solely responsible for the following:

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