Common use of Payments until the Retirement Date Clause in Contracts

Payments until the Retirement Date. Until December 31, 2018, you will continue to receive your same cash salary compensation and benefits as you currently receive. From January 1, 2019 until the Retirement Date, RMR will pay your base salary at a rate of $10,000 per month. Subject to any contribution required by you consistent with past practices, RMR will also maintain and provide all your current insurance and employee benefits until the Retirement Date.

Appears in 1 contract

Samples: Letter Agreement (RMR Group Inc.)

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Payments until the Retirement Date. Until December 31November 30, 2018, you will continue to receive your same cash salary compensation and benefits as you currently receive. From January December 1, 2019 2018 until the Retirement Date, RMR will pay your base salary at a rate of $10,000 per month. Subject to any contribution required by you consistent with past practices, RMR will also maintain and provide all your current insurance and employee benefits until the Retirement Date.

Appears in 1 contract

Samples: Letter Agreement (RMR Group Inc.)

Payments until the Retirement Date. Until December 31April 30, 2018, you will continue to receive your same cash base salary compensation and benefits as you currently receivefrom RMR at a rate of $300,000 per annum, payable consistent with past practices. From January May 1, 2019 2018 until the Retirement Date, RMR will pay your base salary at a rate of $10,000 per month. Subject to any contribution required by you consistent with past practices, RMR will also maintain and provide all your current insurance and employee benefits until the Retirement Date.

Appears in 1 contract

Samples: Letter Agreement (RMR Group Inc.)

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Payments until the Retirement Date. Until December 31, 20182020, you will continue to receive your same cash salary compensation and benefits as you currently receive. From January 1, 2019 2021 until the Retirement Date, RMR will pay your base salary at a rate of $10,000 per month. Subject to any contribution required by you consistent with past practices, RMR will also maintain and provide all your current insurance and employee benefits until the Retirement Date.

Appears in 1 contract

Samples: Letter Agreement (RMR Group Inc.)

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