Guaranteed Salary Sample Clauses

Guaranteed Salary. Guaranteed salary payments, not including signing bonuses, shall count against the Salary Cap in the League Year in which they are paid.
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Guaranteed Salary. The salary for the position of Fire Battalion Chief shall maintain at least a 9.5% salary differential between the top step of Fire Captain and the bottom step of the Fire Battalion Chief. Adjustments to the salary of Battalion Chief shall be reflected in corresponding adjustments to other positions represented by NBFMA necessary to maintain the salary differentials listed in Exhibit A.
Guaranteed Salary. Pursuant to the employment regulations, in the event of incapacity to work, in order to receive the guaranteed salary, the employee is required to immediately notify the employer by any means (SMS, email, call) and provide a medical certificate within 48 hours. The employee may not refuse to receive or attend the examining doctor or refuse to be examined. Any impediment to the medical check shall result in deduction of the guaranteed salary for the days of incapacity prior to the examination. These obligations are identical if the period of incapacity to work is extended.
Guaranteed Salary. “Guaranteed Salary” means $13,000.00 a month, but under no circumstances in an amount less than equal to the minimum amount per workweek required by applicable local, state and federal law, which is paid in accordance with applicable Company Policies.
Guaranteed Salary. As an inducement to Executive to sign this Agreement and commence employment with the Company on the terms set forth herein, the Company agrees to pay to Executive a guaranteed annual salary during the Initial Term of Executive’s employment hereunder in the amount of Two Hundred and Fifty Thousand Dollars ($250,000) (the “Guaranteed Salary”), which shall be paid in twelve (12) equal monthly installments of $20,833.33 each on the monthly anniversary of the Effective Date of this Agreement commencing on November 20, 2014, and continuing on the 20th day of each of the next eleven (11) succeeding calendar months, provided that, at the election of the Company, the Company may pay such Guaranteed Salary in equal periodic intervals over such 12-month period at the same time when the Company’s regular monthly payroll amounts are paid.

Related to Guaranteed Salary

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $ , payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be entitled to such increases in Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.”

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Severance Pay 4.4.2(a) Severance pay - other than employees of a small employer An employee, other than an employee of a small employer, whose employment is terminated by reason of redundancy is entitled to the following amount of severance pay in respect of a period of continuous service: Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay* 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years and less than 5 yeas 8 weeks’ pay 5 years and less than 6 years 10 weeks’ pay 6 years and less than 7 years 11 weeks’ pay 7 years and less than 8 years 13 weeks’ pay 8 years and less than 9 years 14 weeks’ pay 9 years and less than 10 years 16 weeks’ pay 10 years and over 12 weeks’ pay * Week’s pay is defined in 4.4.1.

  • Bonus Severance A lump-sum payment equal to 100% of the Executive’s target annual bonus as in effect for the fiscal year in which the CIC Qualified Termination occurs.

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