Common use of Social Security Contributions Clause in Contracts

Social Security Contributions. The Employee and the Company shall each pay half of the contributions for AHV (Old Age and Survivors’ Insurance), IV (Invalidity Insurance), EO (Loss of Earnings) and ALV (Unemployment Insurance). The Employee’s contributions are deducted by the Company from his gross salary and a possible bonus payment.

Appears in 2 contracts

Samples: Employment Agreement (Flagstone Reinsurance Holdings LTD), Employment Agreement (Flagstone Reinsurance Holdings LTD)

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Social Security Contributions. The Employee and the Company shall each pay half of the contributions for AHV (Old Age and Survivors’ Insurance), IV (Invalidity Insurance), EO (Loss of Earnings) and ALV (Unemployment Insurance). The Employee’s contributions are deducted by the Company from his her gross salary and a possible bonus paymentsalary.

Appears in 2 contracts

Samples: Employment Agreement (HilleVax, Inc.), Employment Agreement (HilleVax, Inc.)

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Social Security Contributions. The Employee and the Company shall each pay half of the contributions for AHV (Old Age and Survivors’ Insurance), IV (Invalidity Insurance), EO (Loss of Earnings) and ALV (Unemployment Insurance). The Employee’s contributions are deducted by the Company from his gross salary and a possible bonus paymentsalary.

Appears in 1 contract

Samples: Employment Agreement (DSP Group Inc /De/)

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