SALARY AND HOLIDAY ALLOWANCE. 6.1 The employee's annual salary, based on fulltime (100%), at the time of concluding the contract is € 550.000,00 gross per year including holiday allowance of 8%. The monthly gross salary will amount to € 42.438,27.
6.2 The monthly salary will be paid around the 25th of the month or ultimately by the end of the month by payment into a bank account to be specified by the employee.
6.3 The year for the calculation of the holiday allowance runs from 1 June up to and including 31 May of the current year. The holiday allowance is paid out annually together with the salary for May. Employees who have been with the company for part of that period only shall receive holiday allowance on a pro rata temporize basis. Holiday allowance shall also be calculated in line with any salary adjustments made during the aforesaid period and this as of the effective date of the salary adjustment.
6.4 All the statutory deductions such as wage withholding tax and national insurance contributions will be deducted from the gross salary and the gross holiday allowance. The employer will provide a statement (pay slip) containing details of the deductions made from the gross salary and the gross holiday allowance. An annual statement will be provided at the end of the year. Employee agrees with receiving the statements digitally.
SALARY AND HOLIDAY ALLOWANCE. 4.1 Upon conclusion of this Employment Contract, the Director’s salary shall amount to 135,000 euro gross per annum based on a full 40-hour work week, to be paid no later than on the final day of every month.
4.2 The Director shall receive a holiday allowance, to be paid out with his salary for the month of May, equal to 8% of the annual gross salary, as defined in Article 4.1 above, which he received during the preceding 12 months.
4.3 The Director’s salary shall cover occasional overtime work.
SALARY AND HOLIDAY ALLOWANCE. 4.1 The Executive shall receive a base salary of EUR 60,000 gross per annum (which is considered to include holiday allowance) (the “Base Salary”), to be paid in twelve equal monthly instalments payable on the last day of every calendar month.
4.2 The Executive may be eligible to the 30% ruling, as defined and included in Schedule 2.
SALARY AND HOLIDAY ALLOWANCE. 6.1 Upon the conclusion of the Contract, the salary is EUR 11.000,= gross per month.
6.2 13th Month payment of EUR 11.000,= gross, payable in December of each year.
6.3 The holiday allowance is 8% of the annual salary (EUR 10.560,=), to be paid in May of each year, in accordance with statutory rules.
SALARY AND HOLIDAY ALLOWANCE. 4.1 The initial salary of the Employee will amount to 13 EUR gross per hour and shall be paid out at the end of the month. No salary is payable during the period that the Employee has not been called.
4.2 Each year in the month of June, a holiday allowance equal to the net equivalent of 8% of the gross annual salary will be paid to the Employee. f the Employee's Agreement starts and/or ends in the course of the year or if the number of working hours per week changes during such year, the holiday allowance will be adjusted proportionally.
4.3 During the first six months after the date of employment, the Employee is only entitled to salary insofar Employee has actually worked for the Employer, regardless of the question for whose risk the cause of non-performance of work occurs.
SALARY AND HOLIDAY ALLOWANCE. 3. 1 The Director shall receive a base salary of US Dollar 1,400,000 gross (the Base Salary) payable in Euros (EUR), converted at an exchange rate equal to the average of the daily US$:EUR spot exchange rates published by the Dutch Central Bank (De Nederlandsche Bank) on each business day beginning thirty (30) days prior to the applicable payment date and ending as of the business day immediately prior to such payment date.
SALARY AND HOLIDAY ALLOWANCE. 3.1 The Employee's gross base annual salary shall amount to NLG 150.000,-- ("Gross Salary"). The Gross Salary shall be paid monthly in twelve equal instalments of NLG 12.500,-- gross.
3.2 The Employee shall be entitled to a holiday allowance, payable in the month of May, equal to 8% of the Gross Salary, earned over the preceding period June through May. In the event the employee has not been employed for twelve months in time of payment, the Employee shall receive a pro rata amount.
SALARY AND HOLIDAY ALLOWANCE. 3.1. The Employee shall be entitled to a gross monthly salary of EUR 31,441.67. Payment will be made by bank transfer to the Employee's bank account as specified by the Employee to the Employer.
3.2. NewAmsterdam Pharma Holding B.V. has entered into a Business Com- bination Agreement, which provides for a series of transactions (the "Transactions") pursuant to which NewAmsterdam Pharma Holding B.V., NewAmsterdam Pharma B.V., Xxxxxxx Lifesciences Acquisition Corpora- tion and NewAmsterdam Pharma Corporation will ultimately be held by NewAmsterdam Pharma Company N.V. (prior to its conversion: NewAm- sterdam Pharma Company B.V.), a new publicly traded company that has been referred to as "Holdco". On the condition that the Transactions have closed and the Employee's service has continued after 1 January 2023, the Employee's salary will be increased to a gross monthly salary of EUR 35,402.50. This salary increase remains subject to the Employer's discre- tion to make adjustments if circumstances change.
3.3. The Employee's holiday allowance is included in the salary as provided for in article 3.1 and, if applicable, 3.2.
SALARY AND HOLIDAY ALLOWANCE. 4.1 Upon taking up employment, the gross monthly base salary of the Employee shall amount to EUR 27,073.84 and shall be subject to adjustment by the Board of Directors of Kadant Inc. Employee remains responsible for timely advising any changes in bank account details. By signing this employment agreement, the Employee agrees to being provided by the Employer with a digital pay slip.
4.2 Each year in the month of May the Employee shall receive a holiday allowance amounting to 8% of the gross salary as referred to in article 4.1 of this employment agreement earned with the Employer over the preceding 12 months.
4.3 All the statutory deductions such as wage withholding tax will be deducted from the gross base salary and the gross holiday allowance.
SALARY AND HOLIDAY ALLOWANCE. 4.1 The Employee shall receive a salary of EUR 185.000,-gross per annum. This salary is to be paid in 12 equal instalments at the end of each month. Every year, in April, the Employer shall review whether an increase in the base salary is appropriate in view of an increase in the expenses of living or otherwise.
4.2 The Employee shall be entitled to a holiday allowance of 8% of the gross total salary received by him in the twelve months preceding the month of payment, that allowance to be annually paid in May, in the event of a premature termination of this Agreement the Employee shall receive a pro rata part of the holiday allowance.
