Common use of SECTION THREE COMPENSATION Clause in Contracts

SECTION THREE COMPENSATION. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $140,400.00 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

AutoNDA by SimpleDocs

SECTION THREE COMPENSATION. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $140,400.00 88,000 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

SECTION THREE COMPENSATION. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $140,400.00 125,000 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

SECTION THREE COMPENSATION. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $140,400.00 330,000.00 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."!'

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

AutoNDA by SimpleDocs

SECTION THREE COMPENSATION. The first sentence of Section Three of the Agreement is deleted and amended to read in its entirety as follows: "The Corporation shall pay Employee, and Employee shall accept from the Corporation, compensation at the rate of $140,400.00 160,000 per year, prorated and payable monthly or on such other basis as the Corporation and Employee may hereafter agree in writing."

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!