Common use of Salary and pension Clause in Contracts

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. 5.2. The Executive will be eligible to participate in the Company’s retirement scheme as available to the Executive, subject to the eligibility terms and conditions of such scheme.

Appears in 1 contract

Samples: Executive Employment Agreement (Sustainable Projects Group Inc.)

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Salary and pension. 5.1. The Executive’s annual salary is $200,000 300,000 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 20242023, the annual Base Salary will be reviewed by the Board CEO and may or may not be adjusted. 5.2. The Executive will be eligible to participate in the Company’s retirement scheme as available to the Executive, subject to the eligibility terms and conditions of such scheme.

Appears in 1 contract

Samples: Executive Employment Agreement (Sustainable Projects Group Inc.)

Salary and pension. 5.1. The Executive’s annual salary is $200,000 300,000 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. 5.2. The Executive will be eligible to participate in the Company’s retirement scheme as available to the Executive, subject to the eligibility terms and conditions of such scheme.

Appears in 1 contract

Samples: Executive Employment Agreement (Sustainable Projects Group Inc.)

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Salary and pension. 5.1. The Executive’s annual salary is $200,000 300,000 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 20242023, the annual Base Salary will be reviewed by the Board and may or may not be adjusted. 5.2. The Executive will be eligible to participate in the Company’s retirement scheme as available to the Executive, subject to the eligibility terms and conditions of such scheme.

Appears in 1 contract

Samples: Executive Employment Agreement (Sustainable Projects Group Inc.)

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