Remuneration Terms and Conditions Sample Clauses

Remuneration Terms and Conditions. 5.1. The annual gross salary of the Employee, on the basis of full time (100%) capacity, shall be NIS 480,000 (the “Annual Salary”). The Annual Salary shall be paid to the Employee in monthly installments of NIS 40,000 per month (the “Monthly Salary”). In the event the Employee employment capacity is reduced to a lower capacity in accordance with Section 3 here above the Monthly Salary, and for avoidance of doubt any ancillary benefits whose calculation is based on the Monthly Salary (excluding payments due Employee under Sections 5.2 and 6.1 below) shall adjusted on a pro rata basis (i.e. if the employment capacity is reduced to 50%, the Monthly Salary shall be reduced to NIS 20,000 per month).
AutoNDA by SimpleDocs
Remuneration Terms and Conditions. 5.1. The annual gross salary of the Employee shall be NIS 480,000 (the "Annual Salary"). The Annual Salary shall be paid to the Employee in monthly installments of NIS 40,000 per month (the “Monthly Salary”).

Related to Remuneration Terms and Conditions

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • General Terms and Conditions 14.1 The parties hereto hereby covenant and agree that they will execute such further agreements, conveyances and assurances as may be requisite, or which counsel for the parties may deem necessary to effectually carry out the intent of this Agreement.

  • SPECIAL TERMS AND CONDITIONS There are no other provisions hereof and this Agreement supersedes any other agreements, whether written or oral, between the parties. Any amendment hereto must be in writing, executed by both parties.

  • Other Terms and Conditions The Notes shall have such other terms and conditions as provided in the form thereof attached as Exhibit A hereto.

  • Additional Terms and Conditions of Award (a) Non-

  • Terms and Conditions of Employment The following terms and conditions will govern Employee’s employment with the Company throughout the Employment Period and will also, to the extent expressly indicated below, remain in effect following Employee’s cessation of employment with the Company.

  • Terms and Conditions It is understood and agreed that the Option evidenced hereby is subject to the following terms and conditions:

  • Miscellaneous Terms and Conditions (a) Each party understands and agrees that Executive or it assumes all risk that the facts or law may be, or become, different than the facts or law as believed by the party at the time Executive or it executes this Agreement. Executive and the Company acknowledge that their relationship precludes any affirmative obligation of disclosure, and expressly disclaim all reliance upon information supplied or concealed by the adverse party or its counsel in connection with the negotiation and/or execution of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.