A Salary definition

A Salary. Annuity Agreement is an agreement between an employee in an Eligible Classification and his employer. It is also an agreement between a Participant who has ceased to be an employee in an Eligible Classification and his new employer. Under the Agreement, the employer agrees to pay amounts to purchase an annuity for the employee meeting the conditions of Section 403(b) of the Federal Internal Revenue Code. (To save words, male pronouns are used in this contract to refer to both men and women.)
View Source
A Salary. EMPLOYEE will receive an annual salary of $200,000 to be paid in equal quarterly installments. Amounts unpaid will accrue annual interest of 6% and may be converted to restricted common stock at fair market value at time of conversion at the option of the employee.
View Source

Examples of A Salary in a sentence

  • A Salary Sacrifice Agreement (SSA) is the formal administrative instrument between the employer and the employee which enables salary packaging arrangements to be put in place.

  • A Salary Sacrifice Request Form is attached as a schedule to this Agreement for this purpose.

  • A Salary Scale shall become effective on the date set out below opposite from the Salary Scale and shall replace any previously effective Salary Scales.

  • Part-time professional staff members who are not eligible to be active members of the Teachers Retirement System of Illinois (“TRS”) shall be entitled to compensation in accordance with the Appendix A Salary Schedule.

  • Any teacher granted leave of absence as provided in this section shall be given opportunity, unless otherwise provided, to continue insurance coverages under payroll deduction during the leave, as provided under Appendix A, Salary Schedule E, Insurance Supplement, provided that the premiums for such insurance programs shall be paid by the teacher on a monthly basis.

  • A Salary Adjustment of 2.5% shall be added to Appendix A on the first full pay period July 2013.

  • Job-share teachers shall move a full salary step on Appendix A (Salary Schedule) for each year employed, regardless of the percentage of appointment.

  • A Salary Sacrifice Agreement (SSA) is the formal administrative instrument between the employer and the employee that enables salary packaging arrangements to be put in place.

  • The percentage shall be paid on the employee's Appendix A Salary only.

  • A Salary Reduction Agreement must specify the dollar amount of Compensation or the percentage of Compensation the Participant wishes to defer.

Related to A Salary

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Salary means the salary given under this Part.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Salary as defined in Section 3.1(a).