Current Base Salary Clause Samples

The 'Current Base Salary' clause defines the employee's fixed annual or monthly salary amount as of the effective date of the agreement. This clause typically specifies the exact salary figure, clarifies whether it is paid in regular installments (such as bi-weekly or monthly), and may reference eligibility for future adjustments or reviews. Its core practical function is to establish a clear, mutual understanding of the employee's compensation, thereby preventing disputes or misunderstandings regarding pay.
Current Base Salary. Effective the first full pay period after City Council formal approval of this AGREEMENT at a regularly scheduled City Council meeting, EMPLOYEE shall receive One Hundred Ninety Thousand Dollars ($190,000.00) as his annual base salary for the city manager position (Salary), which shall be paid on a pro-rated basis bi- weekly at the same time as other employees of the CITY are paid. The Salary shall be subject to normal and proper withholdings as determined by state and federal law and as determined appropriate by the City Council and shall be subject to payroll taxes, workers’ compensation, and other payroll-related liability costs.
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Current Base Salary. Executive shall continue to receive an annualized base salary at the rate of $1,020,000 (the “Current Base Salary”), payable in accordance with the Company’s payroll practices in effect from time to time. The Current Base Salary shall continue in effect until the later of (i) December 31, 2021 or (ii) the Transition Date.
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Current Base Salary. ▇▇. ▇▇▇▇▇▇-▇▇▇▇▇▇ shall continue to receive his current annual base salary in effect as of the date of this Agreement through January 31, 2012, which will be paid through Walmart’s regular payroll, less applicable withholdings;
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Current Base Salary. Your current base salary will be periodically reviewed, paid semi-monthly and subject to withholding of all applicable taxes and benefit deductions.
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Related to Current Base Salary

  • Annual Base Salary During the Term, Executive shall receive a base salary at a rate of $500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

  • Base Salary Executive will be paid an annual base salary, during the Term, in the amount set forth in Addendum A, as may be increased or decreased by Employer from time to time (“Base Salary”). The Base Salary shall be payable by Employer in regular installments in accordance with Employer’s general payroll practices (in effect from time to time). All amounts payable to Executive as compensation hereunder shall be subject to all required and customary withholding by Employer.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Base Compensation During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $333,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.