Payment of Salary and Bonus. The Employee's base salary under subparagraph (a) of this Paragraph 4 shall be payable in substantially equal installments in accordance with the Company's existing payroll practices for its executives. Any annual bonus payable under subparagraph (b) of this Paragraph 4 shall be paid to the Employee within 60 days following the end of the fiscal year with respect to which such bonus relates.
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Samples: Employment Agreement (C P Clare Corp), Employment Agreement (C P Clare Corp), Employment Agreement (C P Clare Corp)
Payment of Salary and Bonus. The Employee's base salary under subparagraph (a) of this Paragraph 4 shall be payable in substantially equal installments in accordance with the Company's existing payroll practices for its executives. Any annual bonus payable under subparagraph (b) of this Paragraph 4 shall be paid to the Employee within 60 90 days following the end of the fiscal year with respect to which such bonus relates. Any stock option grants payable under subparagraph (d) of this Paragraph 4 shall be made in a manner consistent with the Company's policies.
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Payment of Salary and Bonus. The Employee's base salary under subparagraph (a) of this Paragraph 4 shall be payable in substantially equal installments in accordance with the Company's existing payroll practices for its executives. Any annual bonus, other than the special bonus for fiscal year 1997, payable under subparagraph (b) of this Paragraph 4 shall be paid to the Employee within 60 days following the end of the fiscal year with respect to which such bonus relates.
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