Common use of Payments and Withholdings Clause in Contracts

Payments and Withholdings. All Base Salary (other than the twenty percent portion thereof that is payable in one annual installment) and bonus, if any, payable hereunder shall be paid in accordance with the Corporation's general payroll practice and all amounts paid to the Executive hereunder shall be paid net of any amounts to be withheld as required by applicable law.

Payments and Withholdings. All Base Salary (other than the twenty percent portion thereof that is payable in one annual installment) and bonus, if any, payable hereunder shall be paid in accordance with the Corporation's ’s general payroll practice and all amounts paid to the Executive hereunder shall be paid net of any amounts to be withheld as required by applicable law.