Common use of Guaranteed Compensation Clause in Contracts

Guaranteed Compensation. ICAA, as payment and consideration for the services to be performed by Coach, and contingent upon Coach’s satisfactory annual performance evaluation, agrees to pay Coach, or cause Coach to be paid, annual guaranteed compensation as set forth in Appendix B (“Guaranteed Compensation”). ICAA shall pay Coach in accordance with all customary payroll procedures. Guaranteed Compensation is subject to the same furlough and temporary salary reduction measures that may be imposed from time-to- time Coach’s employer on its exempt employees.

Guaranteed Compensation. ICAA, as payment and consideration for the services to be performed by Coach, and contingent upon Coach’s satisfactory annual performance evaluation, agrees to pay Coach, or cause Coach to be paid, annual guaranteed compensation as set forth in Appendix B (“Guaranteed Compensation”). ICAA shall pay Coach in accordance with all customary payroll procedures. Guaranteed Compensation is subject to the same furlough and temporary salary reduction measures that may be imposed from time-to- to-time by Coach’s employer on its exempt employees.

Guaranteed Compensation. ICAA, as payment and consideration for the services to be performed by Coach, and contingent upon Coach’s satisfactory annual performance evaluation, agrees to pay Coach, or cause Coach to be paid, annual guaranteed compensation as set forth in Appendix B (“Guaranteed Compensation”). ICAA shall pay Coach in accordance with all customary payroll procedures. Guaranteed Compensation is subject to the same furlough and temporary salary reduction measures that may be imposed from time-to- time by Coach’s employer on its exempt employees.