Common use of REMUNERATION AND OTHER BENEFITS Clause in Contracts

REMUNERATION AND OTHER BENEFITS. 4.1 The Employee is entitled to a gross monthly salary amounting to SEK 175,000 per month. The salary is paid in accordance with Neonode’s prevalent payment routines. The gross monthly salary will be reviewed on an annual basis. Neonode is under no obligation to award an increased salary following a salary review. There shall be no review of the salary after notice has been given by either party to terminate the employment.

Appears in 2 contracts

Samples: Employment Agreement (Neonode Inc.), Employment Agreement (Neonode Inc.)

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REMUNERATION AND OTHER BENEFITS. 4.1 The Employee is entitled to a gross monthly salary amounting to SEK 175,000 120,000 per month. The salary is paid in accordance with Neonode’s prevalent payment routines. The gross monthly salary will be reviewed on an annual basis. Neonode is under no obligation to award an increased salary following a salary review. There shall be no review of the salary after notice has been given by either party to terminate the employment.

Appears in 1 contract

Samples: Employment Agreement (Neonode Inc.)

REMUNERATION AND OTHER BENEFITS. 4.1 The Employee is entitled to a gross monthly salary amounting to 150 000 SEK 175,000 per month. The salary is paid in accordance with Neonode’s 's prevalent payment routines. The gross monthly salary will be reviewed on an annual basisbasis in February month. Neonode is under no obligation to award an increased salary following a salary review. There shall be no review of the salary after notice has been given by either party to terminate the employment.

Appears in 1 contract

Samples: Employment Agreement (Neonode, Inc)

REMUNERATION AND OTHER BENEFITS. 4.1 The Employee is entitled to a gross monthly salary amounting to 100 000 SEK 175,000 per month. The salary is paid in accordance with Neonode’s prevalent payment routines. The gross monthly salary will be reviewed on an annual basis. Neonode is under no obligation to award an increased salary following a salary review. There shall be no review of the salary after notice has been given by either party to terminate the employment.

Appears in 1 contract

Samples: Employment Agreement (Neonode Inc.)

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REMUNERATION AND OTHER BENEFITS. 4.1 The Employee is entitled to a yearly salary of 1,500,000 SEK, which shall be payable in a gross monthly salary amounting to 125,000 SEK 175,000 per month. The salary is paid in accordance with Neonode’s prevalent payment routines. The gross monthly salary will be reviewed in February 2015 and will thereafter be reviewed on an annual basis. Neonode is under no obligation to award an increased salary following a salary review. There shall be no review of the salary after notice has been given by either party to terminate the employment.

Appears in 1 contract

Samples: Employment Agreement (Neonode, Inc)

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