Compensation and Fringe Benefits. (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.
Compensation and Fringe Benefits. A. GROUP TERM LIFE INSURANCE. Each teacher will have a $50,000 ($100,000 accidental death) life insurance policy paid by the Corporation, except for $0.24 (twenty- four cents) paid annually by the teacher. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable.
Compensation and Fringe Benefits. Job share teachers will be subject to 20 the rights and benefits of the negotiated agreement. The amount of fringe 21 benefits that are due a full-time teacher shall be prorated pursuant to the 22 existing collective bargaining agreement.
Compensation and Fringe Benefits. 11.801 Faculty members shall receive full salary while on sabbatical leaves of one semester duration. Seventy-five percent of the annual salary shall be paid for sabbatical leaves of two semesters. The faculty member shall continue to receive all health and welfare benefits during his or her leave.
Compensation and Fringe Benefits. For all services rendered by Employee to Employer in any capacity, Employee shall be compensated in accordance with the terms set forth in this section and in Exhibit B, which is attached hereto and made a part hereof. Employee shall be entitled to participate in and to be covered by a profit-sharing, pension, life insurance, accident insurance, health insurance, hospitalization and any other employee benefit plan effective with respect to employees of Employer only to the extent he/she shall be eligible and qualify under the terms of such plans.
Compensation and Fringe Benefits. Schedule 2.17 contains a correct and complete list of each officer, director, employee or agent of Merging Entity in the format as set forth in Schedule 2.17. Also, Schedule 2.17 contains a description of all fringe benefits presently being provided by Merging Entity to any of its employees or agents. 2.18
Compensation and Fringe Benefits. 21.3.1. Job sharing unit members, including those job sharing unit members paired with a reduced workload unit member, shall be entitled to all appropriate provisions in the Agreement in the same proportion that their assignment bears to a full year's assignment.
Compensation and Fringe Benefits. 1. Compensation shall be determined by each teacher’s Schedule A salary prorated for the amount of time worked. Time when both teachers are scheduled to work shall count into the compensation for each teacher.
Compensation and Fringe Benefits. For all the services rendered by the Executive to the Company in the Position, the Executive shall be compensated by the Company in accordance with this Article II. Such compensation and benefits shall be paid in accordance with the Company’s customary payroll practices, and shall be subject to withholding required by federal, state and local laws and otherwise with the consent of the Executive.
Compensation and Fringe Benefits. The compensation and fringe benefits to be received by Employee in consideration of the services to be rendered by Employee are set forth in Exhibit “A” attached hereto. The provisions of Exhibit “A” are incorporated into this Agreement by reference as if fully set forth herein. The Company reserves the right to cancel or change the employee benefit plans and programs it offers to employees.
