SALARY AND PENSION. 5.1. The Executive’s annual salary is $200,000 USD payable monthly in instalments of 1/12 of the salary on the last banking day of the month (“Base Salary”). Each year in December, beginning in 2024, the annual Base Salary will be reviewed by the Board and may or may not be adjusted.
SALARY AND PENSION. 5.1. The CFO's annual salary is DKK 1,700,000 payable monthly in instalments of 1/12 on the last banking day of the month. Each year in December, the first time in 2022, the annual salary will be discussed with the Group CEO of LiqTech International Inc. and may or may not be adjusted.
SALARY AND PENSION. 6.1. The CEO's annual gross salary is DKK 2,500,000 ("Salary") payable monthly in arrears in instalments of one twelfth on the last banking day of the month. Salary will be reviewed annually by the Compensation Committee of the Board of Directors ("Committee"). Other compensation matters may also be reviewed from time to time by the Committee, which has discretionary rights to all CEO compensation matters.
SALARY AND PENSION. 5.1. During the Term, the Employee’s annual salary is $125,000 USD payable monthly in instalments of 1/12 of the salary on the last banking day of the month (“Base Salary”).
SALARY AND PENSION. 5.1. The CTO’s annual salary is DKK 2,200,000 (approximately $300,000) payable monthly in instalments of 1/12 on the last banking day of the month. Each year in December, the first time in 2023, the annual salary will be reviewed with the CEO of Lithium Harvest ApS and may or may not be adjusted.
SALARY AND PENSION. During the first three years of study, PhD fellows enrolled at the European University Institute in Xxxxxxxx are covered by the agreement on PhD fellows enrolled at foreign institutions during the entire PhD programme, see the protocol on PhD fellows (Appendix 5a in the collective agreement for state-employed academics).
SALARY AND PENSION. Employee's initial annual salary commencing on the Effective Date will be USD 250,000.00 per annum, to be paid in monthly payments in SEK at the rate of exchange of SEK 7.64 to the USD 1.00. Employee's annual salary will be reviewed once per year pursuant to the Company's annual executive compensation review in March. Employee's annual pension payment shall be a total amount equaling the sum of (a) 35% of an amount equaling 20 times the 'basbelopp,' and (b) 25% of the amount between 20 and 30 times the 'basbelopp.' At the end of the employment for any reason, and at the request of the Employee, the Company shall assist in the transfer of the pension policies to Employee or to his new employer. Employee shall also be covered by the TGL group life insurance.
SALARY AND PENSION. In consideration of the Deputy Principal undertaking the duties assigned, the School shall authorise the Department of Education and Skills to pay the appropriate salary and allowance for the appropriate grade of Deputy Principal post from the schedule of salaries and allowances for teachers at the rates agreed from time to time in the Teachers’ Conciliation and Arbitration Scheme or such other Scheme as may replace same or be otherwise agreed from time to time. The appropriate rate of Deputy Principal’s allowance which will be paid to the Deputy Principal in addition to scale salary will be determined by reference to the criteria agreed nationally from time to time and published in Department of Education and Skills Circulars. Pension arrangements will be in accordance with the standard arrangements provided under the Secondary Teachers’ Superannuation Scheme.
SALARY AND PENSION. In consideration of the Principal undertaking the duties assigned, the School shall authorise the Department of Education and Skills to pay the appropriate salary and allowance for the appropriate grade of Principal post from the schedule of salaries and allowances for teachers at the rates agreed from time to time in the Teachers’ Conciliation and Arbitration Scheme or such other Scheme as may replace same or be otherwise agreed from time to time. The appropriate rate of Principal’s allowance which will be paid to the Principal in addition to scale salary will be determined by reference to the criteria agreed nationally from time to time and published in Department of Education and Skills Circulars. Pension arrangements will be in accordance with the standard arrangements provided under the Secondary Teachers’ Superannuation Scheme.
SALARY AND PENSION. The Employee will receive his/her usual salary until the Effective Date of Dismissal. Also, during the notice period, the Employee’s salary will be adjusted as usual on [date and year] and in accordance with the Company’s guidelines in this respect. In accordance with current terms and conditions, the Employee is comprised by the Company’s pension scheme, health insurance, group life insurance etc. until the expiry of the employment relationship. The Employee receives compensation for lack of commission earnings during the release period. The compensation is calculated on the basis of average commission earnings during the previous 12 months before the Date of Dismissal and amounts to [insert amount] per month. Holiday allowance is calculated on the basis of the commission amount. Salary and pension are due for payment as usual on the last weekday of the month.
