Common Contracts
1 similar Salary Reduction Agreement contracts
S A L A R Y R E D U C T I O N A G R E E M E N TSalary Reduction Agreement • March 24th, 2022
Effective with respect to amounts paid after the date of this agreement, the employee's monthly basic salary will be reduced by the amount indicated below. This agreement shall be legally binding and irrevocable as to each of the parties hereto while employment continues; provided however, that either party may terminate this agreement as of the end of any month, so that it will not apply to salary subsequently earned, by giving at least thirty days written notice of the date of termination.
