Common use of Current Salary Clause in Contracts

Current Salary. AMV agrees to authorize FBL to pay Employee for his services compensation of $200,000 per year, subject to increases as determined by the Board of FBL, and, subject to such withholding of taxes and other amounts as may be required by law, payable in equal periodic installments in accordance with FBL policy.

Appears in 1 contract

Sources: Employment Agreement (Amvestors Financial Corp)

Current Salary. AMV agrees to authorize FBL to pay Employee for his her services compensation a current salary of $200,000 175,000 per year, subject to increases as determined by the Board of FBLBoard, and, subject to such withholding of taxes and other amounts as may be required by law, payable in equal periodic installments in accordance with FBL policy.

Appears in 1 contract

Sources: Employment Agreement (Amvestors Financial Corp)