Salary & Benefits. Add'l Comp Who pays for all Personnel compensation including salary, benefits, bonus, other additional compensation and payroll taxes? Travel Subject to Pass-Through Expenses in Exhibit 4, who pays for Personnel travel? Training Who pays for training of Personnel? Includes all training except those that are mandated by Client. Relocation Who was responsible for any relocation of Transitioned Personnel when they transitioned to Service Provider? Inflation / Deflation Who is financially responsible for inflation / deflation that impacts any Personnel-related line items? Refer to Exhibit 4 for Economic Change Adjustment terms and methodology. Increase / Decrease in Staffing If staffing increases, who pays for the extra staff? If staffing goes down, who gets the benefit? Severance If Personnel separate after being hired by Service Provider and severance is owed, who pays the severance payment? Retention Payments If retention payments are made to all or selective Personnel, who pays the retention payment?
Salary & Benefits. During any period that Employee fails to perform his full duties with the Company because he is Disabled, Employee shall continue to receive Base Salary until this Agreement is terminated pursuant to Section 4.8 at the rate in effect at the commencement of any such period adjusted for any compensation payable to him under any Company paid disability plan during such period. In the event of termination for Disability the Company shall continue (i) Employee's Base Salary adjusted for any compensation payable to him under any Company paid disability plan during such period and (ii) the same coverage under medical, dental, long-term disability and life insurance for the greater of (x) the remaining term of this Agreement or (y) until long term disability insurance coverage becomes effective.
Salary & Benefits. Employee's annual base salary and the benefits to which he is entitled are described on Exhibit A attached hereto.
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Middle/Senior High School Principal shall receive the following:
Salary & Benefits. The Company shall pay Employee a salary of $3,000 per month, for the services of Employee, payable at regular payroll periods. The Employee will also be awarded 25,000 options to purchase Pangea Stock per month. The options will have a cost basis of $1.00 per share. In addition, Company will provide Medical Benefits for the Employee. The Employee will be awarded percent (1%) of the net proceeds received by the Company upon the successful completion of the sale of any major Company Assets (major asset is defined as an asset whose sale price is $500,000 or more).
Salary & Benefits. 901 PAYROLL PRACTICES
Salary & Benefits. Operator's cost of holiday, vacation, sickness and disability benefits and other customary allowances paid to employees whose salaries and wages are chargeable to the Joint Account under Article 2.2.1 above. Such costs under this Article 2.
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by this Contract, the Board agrees that the Superintendent shall receive the following:
a. 2024-2025 School Year Salary The Superintendent shall be paid the base salary of Two Hundred Five Thousand Dollars ($205,000) for the annual period of July 1, 2024 through June 30, 2025, subject to applicable withholdings, payable in accordance with the School Corporation’s regular payment practices for Administrators.
b. Salary Raises and Stipend(s) for Years in the Future After the 2024-2025 School Year The Superintendent will receive the same percentage base salary increase as provided other School Corporation Administrators, or an additional amount to be determined by the Board. In the event that other School Corporation Administrators receive a fixed amount increase in base salary, the Superintendent shall receive that increase as well. Additionally, the Superintendent will also receive any one-time stipend provided to other School Corporation Administrators. These future raises are contingent upon the following qualifying requirements:
1) This raise will be effective only if the Superintendent was not evaluated as either “needs improvement” or “ineffective” for the school year preceding the year in which the raise would take effect.
2) If in any one year administrators do not receive any raise, the Superintendent will not receive any raise.
3) Within 30 days of the Board establishing administrative raises for any one year, the Superintendent may submit a written waiver of an increase for that year and in such a case the proposed contract will provide that there will be no raise for that year.
4) The Board provides written notice to the Superintendent that it will no longer agree to these future increases for the Superintendent or any increase in any one particular year on or before the date it approves administrative raises.
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Athletic Director/Corporation Title IX Coordinator shall receive the following:
Salary & Benefits. As consideration for the performance of the duties and meeting the qualifications established by the Contract, the Board agrees that the Director of Student Services shall receive the following:
