Monthly Remuneration Sample Clauses

Monthly Remuneration. 2.1. Supervisory Board members are entitled to remuneration for their service amounting to CZK 68,000 (that is: sixty-eight thousand Czech korunas) per month, the vice-chairman of the Supervisory Board is entitled to remuneration of CZK 109,000 (that is: one hundred and nine thousand Czech korunas) per month, and the chairman of the Supervisory Board is entitled to remuneration of CZK 136,000 (that is: one hundred and thirty-six thousand Czech korunas) per month. 2.2. Remuneration is paid to members of the Supervisory Board after the end of the calendar month in which they performed the duties of a Supervisory Board member, on the payday set for wage payments to the Company’s employees. Remuneration is paid on the basis of a written document signed by the chairman and the vice-chairman of the Supervisory Board (or by another member of the Supervisory Board should either be absent) and by the chairman or the vice-chairman of the Board of Directors, submitted to the competent department of the Company. 2.3. Where this Contract provides that a Supervisory Board member is entitled to remuneration for a certain period (months, accounting year) and the Supervisory Board member serves for just a portion of such period, he/she shall receive said remuneration on a pro rata basis. If his/her service in a given period was terminated by removal, the removing body may decide otherwise. 2.4. If a Supervisory Board member is temporarily unable to perform activities associated with service on the Supervisory Board because of sickness, he/she remains entitled to the full monthly remuneration, pursuant to Section 2.1. of these Rules, for the first 30 calendar days of his/her inability to perform activities associated with service on the Supervisory Board due to the above reasons. If such inability to perform activities associated with service on the Supervisory Board lasts longer than 30 calendar days without interruption, the amount of monthly remuneration for every calendar month in which the member is unable to serve on the Supervisory Board, from the 31st calendar day to the end of his/her inability, is 50 % of the monthly remuneration stipulated in Section 2.1. of these Rules.
Sample 1
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Monthly Remuneration. In full consideration of the R&D Activities to be performed and the Personal Appearances to be made by the Consultant under paragraph nos. 1 and 2 hereof, the Company agrees to pay to the Consultant the sum of $60,000, payable in equal monthly installments of $5,000 during the Initial Term of this Agreement, and each of the Company and the Consultant agrees to negotiate in good faith the amount of the fee payable to the Consultant by the Company for services of the Consultant for the Additional Term, if this Agreement is extended by the Company.
Sample 1
Monthly Remuneration. In return for the personal services of Xxxxxxxx, URMP shall pay compensation to Xxxxxxxx or Xxxxxxxx’x designee, at the rate of $6,000 (Cdn.) monthly, payable to Xxxxxxxx at the end of each calendar month.
Sample 1

Related to Monthly Remuneration

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Variable Compensation In addition to any interim award that the Company owes to the Executive under the Variable Compensation Plan (or any similar provisions in a successor to the Variable Compensation Plan), the Executive shall be paid a lump sum cash amount equal to 2.0 times the target annual award under the Variable Compensation Plan for the Executive’s job for the calendar year during which the Change in Control occurs. In order to be entitled to a payment pursuant to this Section 4(b), the Executive must have been a participant in the Company’s Variable Compensation Plan at some time during the calendar year in which the Change in Control occurred or the calendar year immediately preceding the calendar year in which the Change in Control occurred.

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.

  • Servicer Compensation The Servicer shall withdraw its Servicing Fee for each Mortgage Loan net of any Month End Interest payable pursuant to Section 7.6.1 from the related Custodial P&I Account prior to the remittance of such amounts to the Certificate Account with all other payments received with respect to the Mortgage Loans.

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Base Pay You shall be paid an annual salary ("Base Pay") of $224,000, which shall be payable in equal periodic installments according to the Corporation's customary payroll practices, but no less frequently than monthly, and subject to such withholdings and deductions as required by law. Your Base Pay shall be reviewed in April of each year by the Board of Directors, and any change in Base Pay approved by the Board shall become effective April 1 of the year in which it is approved.

  • Annual Fees The annual rental fee of a standard individual 12 x 14 plot is $40 per plot. Please note this rental fee is non-refundable and must be paid at the time of application. This fee is used to offset expenses associated with the Garden. Please make checks payable to Xxxxxx Township Recreation.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Trustee Compensation The Trustees as such shall be entitled to reasonable compensation from the Trust. They may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, administrative, legal, accounting, investment banking, underwriting, brokerage, or investment dealer or other services and the payment for the same by the Trust.

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