Salary and Other Benefits. (A) THE Company shall pay to the Executive during the continuance of his employment hereunder a salary at the annual rate set out in the Schedule hereto (or such rate as may from time to time be agreed or determined upon and notified by the Company to the Executive). In the event of any alternation of salary being so agreed or notified the alteration shall thereafter have effect as if it were specifically provided for as a term of this Agreement. Such salary shall be inclusive of any other sums receivable as Director's fees or other remuneration from the Company or any of its subsidiary or associated companies. The said salary shall be payable by equal monthly payments in arrears by the last day of each month.
Appears in 3 contracts
Samples: Service Agreement (Pall Corp), Service Agreement (Pall Corp), Service Agreement (Pall Corp)
Salary and Other Benefits. (A) THE Company shall pay to the Executive during the continuance of his employment hereunder a salary at the annual rate set out in the Schedule hereto (or such rate as may from time to time be agreed or determined upon and notified by the Company to the Executive). In the event of any alternation alteration of salary being so agreed or notified the alteration shall thereafter have effect as if it were specifically provided for as a term of this Agreement. Such salary shall be inclusive of any other sums receivable as Director's fees or other remuneration from the Company or any of its subsidiary or associated companies. The said salary shall be payable by equal monthly payments in arrears arrear by the last day of each month.
Appears in 2 contracts
Samples: Service Agreement (Pall Corp), Service Agreement (Pall Corp)
Salary and Other Benefits. (A) THE Company or a subsidiary or associated company of the Company shall pay to the Executive during the continuance of his employment hereunder a salary at the annual rate set out in the Schedule hereto (or such rate as may from time to time be agreed or determined upon and notified by the Company to the Executive). In the event of any alternation alteration of salary being so agreed or notified the alteration shall thereafter have effect as if it were specifically provided for as a term of this Agreement. Such salary shall be inclusive of any other sums receivable as Director's fees or other remuneration from the Company or any of its subsidiary or associated companies. The said salary shall be payable by equal monthly payments in arrears arrear by the last day of each month.
Appears in 1 contract
Samples: Service Agreement (Pall Corp)