Other Fixed Remuneration Sample Clauses

Other Fixed Remuneration. In addition to your base salary, you will be entitled to Other Fixed Remuneration (“OFR”) to the value of CHF120,000. While you are still based in Australia, your OFR will be converted and paid in Australian Dollars using the same conversion methodology for your base salary as detailed in clause 6.1. Your OFR will include the value of compulsory superannuation contributions and any additional superannuation contributions (see clause 6.3 below) and may also include the cost of a motor vehicle (see clause 6.4 below). It will also include the cost of the Company providing you with any additional salary sacrifice benefits as agreed from time to time. Any remaining balance of the OFR will be paid to you monthly as part of your salary (less tax). Please note that for the purposes of this agreement, your Total Fixed Remuneration (TFR) will be the value of your base salary and OFR.