Social Security Contributions. The Executive and the Employer shall each pay half of the contributions which are owed as a matter of law for AVS (Old Age and Survivors’ Insurance), AI (Invalidity Insurance), APG (Loss of Earnings Insurance), AC (Unemployment Insurance). The Executive’s part of the contributions shall be deducted by the Employer from his Base Compensation and any other appropriate cash payment.
Appears in 2 contracts
Samples: Employment Agreement (Quotient LTD), Employment Agreement (Quotient LTD)
Social Security Contributions. The Executive and the Employer shall each pay half of the contributions which are owed as a matter of law for AVS (Old Age and Survivors’ Insurance), AI (Invalidity Insurance), APG (Loss of Earnings Insurance), AC (Unemployment Insurance). The Executive’s part of the contributions shall be are deducted by the Employer from his Base Compensation and any other appropriate cash payment.
Appears in 1 contract
Samples: Employment Agreement (Quotient LTD)
Social Security Contributions. The Executive and the Employer shall each pay half of the contributions which are owed as a matter of law for AVS (Old Age and Survivors’ ' Insurance), AI (Invalidity Insurance), APG (Loss of Earnings Insurance), AC (Unemployment Insurance). The Executive’s 's part of the contributions shall be deducted by the Employer from his Base Compensation and any other appropriate cash payment.
Appears in 1 contract
Samples: Employment Agreement (Quotient LTD)
Social Security Contributions. The Executive Employee and the Employer Company shall each pay half of the contributions contributions, which are owed as a matter of law for AVS (Old Age and Survivors’ Insurance), AI (Invalidity Insurance), APG (Loss of Earnings Insurance), AC (Unemployment Insurance). The ExecutiveEmployee’s part of the contributions shall be are deducted by the Employer Company from his Base Compensation and any other appropriate cash paymentthe gross Salary.
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