Common use of Leadership Compensation Clause in Contracts

Leadership Compensation. The Company shall pay to Executive as full compensation for any and all leadership services rendered in any capacity under this Agreement monthly compensation of $2083.33 (“Leadership Comp”). Executive’s Leadership Compensation shall be payable in accordance with the customary payroll practices of the Company, as in effect from time to time. Leadership compensation may be suspended or discontinued should Executive's duties no longer be consistent with the position and/or requirements of an Executive Leadership Team (“ELT”) member.

Appears in 3 contracts

Samples: Executive Employment Agreement (CaliberCos Inc.), Executive Employment Agreement (CaliberCos Inc.), Executive Employment Agreement (CaliberCos Inc.)

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Leadership Compensation. The Company shall pay to Executive as full compensation for any and all leadership services rendered in any capacity under this ther Agreement monthly compensation of $2083.33 (“Leadership Comp”). Executive’s Leadership Compensation shall be payable in accordance with the customary payroll practices of the Company, as in effect from time to time. Leadership compensation may be suspended or discontinued should Executive's duties no longer be consistent with the position and/or requirements of an Executive Leadership Team (“ELT”) member.

Appears in 1 contract

Samples: Executive Employment Agreement (CaliberCos Inc.)

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