Salary and Expenses. The Manager shall be entitled to reasonable compensation for services as reasonably determined by the Sole Member and is also entitled to reimbursement by the Company for reasonable and necessary out-of-pocket expenses incurred by the Manager on behalf of the Company.
Salary and Expenses. Employee agrees that, upon payment by ChannelAdvisor of:
1) Employee salary through to be paid on ,
2) any applicable quarter 20 commissions (or variable compensation) to be paid on ,
3) INSERT ANY OTHER COMP DUE UP TO SEPARATION DATE then Employee has received from ChannelAdvisor all salary [and commissions (or variable compensation)] due to Employee, and that no further amount shall be due related to salary compensation. Employee further agrees that Employee will be paid, by , for all accrued and unused vacation time due to Employee in accordance with ChannelAdvisor policies and for all expenses. Employee will receive these payments regardless of whether or not Employee signs this Agreement.
Salary and Expenses. Company shall pay Employee a base salary at an annual rate of not less than $265,000, as adjusted from time to time under Company's salary review procedures, in each case less standard income and payroll tax withholding and other authorized deductions. Such salary shall be earned and shall be payable in regular installments in accordance with Company's normal payroll practices. Employee shall also be entitled to reimbursement for reasonable business expenses in accordance with Company policy.
Salary and Expenses. Representatives serving on the Management Committee, as such, shall not receive any stated salary for their services on the Management Committee, but by resolution of the Management Committee may receive reimbursement of expenses of attendance at each meeting of the Management Committee.
Salary and Expenses. Each Manager and Officer shall be reimbursed for his or her reasonable expenses incurred on behalf of the Company and shall receive such compensation (including no compensation) for services rendered in his or her capacity as a Manager or Officer as may be determined from time to time by the Management Committee. Notwithstanding the foregoing, no Manager employed by a Member or an Affiliate of a Member (other than the Company) shall receive compensation by the Company for services rendered in his or her capacity as a Manager, nor shall such Manager be reimbursed by the Company for expenses incurred on behalf of the Company, absent a separate, written agreement between the Company and such Manager.
Salary and Expenses. IMO will not pay me for my externship; all the expenses connected with it will be borne by me or my sponsoring institution.
Salary and Expenses. Company shall pay Employee a base salary at an annual rate of $300,000 for the period from the Effective Date through and including February 2/nd/ 2002 and $325,000 for fiscal year 2002, with an increase to at least $350,000 per year for fiscal year 2003, in each case less standard income and payroll tax withholding and other authorized deductions. Such salary shall be earned and shall be payable in regular installments in accordance with Company's normal payroll practices. Employee shall also be entitled to reimbursement for reasonable business expenses in accordance with Company policy.
Salary and Expenses. The Company will pay Executive at the salary rate that was in place immediately prior to the Separation Date in accordance with the Company’s standard payroll practices through the Separation Date. Executive will be reimbursed for any unreimbursed business expenses incurred prior to the Separation Date pursuant to Company policy. Reimbursement requests must be submitted before the Separation Date.
Salary and Expenses. Each director shall be reimbursed for his or her reasonable expenses incurred in rendering services to the Company in his or her capacity as a Director of the Company. Except as approved by a Majority in Interest of the Class A Members and provided in the immediately preceding sentence, no Director shall receive compensation for rendering services to the Company.
Salary and Expenses. (a) In consideration for the Executive's services, the Company shall pay to the Executive an annual base salary (the "Base Salary") equal to Two Hundred Twenty-Five Thousand Dollars ($225,000). The Base Salary shall be payable biweekly or in such other installments as shall be consistent with the Company's payroll procedures. The Company shall deduct and withhold all necessary social security and withholding taxes and any other similar sums required by law or authorized by the Executive with respect to the payment of the Base Salary. The Board shall review the Executive's salary annually before December 31 and may increase, but not decrease, his Base Salary in any renewal, extension, or replacement of this Agreement. The Company shall review the appropriateness of creating additional forms of nonqualified executive compensation to cover the Executive.
(b) To the maximum extent permitted by applicable state and federal law, the Executive shall be eligible, at no cost to the Executive, to participate in all of the Company's benefit plans, including fringe benefits available to the Company's senior executives and use of an automobile suitable for a senior executive of a public company.
(c) The Executive shall be entitled to (i) time off for all public holidays observed by the Company and (ii) vacation days in accordance with the applicable policies for the Company's senior executives.
(d) The Company shall reimburse the Executive for all reasonable expenses the Executive incurs in accordance with the guidelines adopted from time to time by the Company.
