Negotiated salary Sample Clauses

The Negotiated Salary clause establishes the agreed-upon compensation for an employee or contractor as a result of discussions between the parties. This clause typically specifies the exact salary amount, payment frequency, and may outline any conditions or adjustments related to the salary, such as performance-based increases or periodic reviews. Its core practical function is to ensure both parties have a clear, mutual understanding of the compensation terms, thereby preventing disputes or misunderstandings regarding pay.
Negotiated salary. Academic units may establish and Employees may negotiate higher rates than the minima prescribed above (based on factors such as, Instructor II status, web classes, online instruction, large classes, and additional duties such as significant course development, supervision of student teaching assistants, etc.). a. An Employee with Instructor II status should not receive a lower rate of compensation for the same course with the same or similar capacity in the same semester/session than an Employee with Instructor I status. b. Academic units determine what constitutes a large course; established precedent such as guidelines in department policy statements may be used in this determination.
Negotiated salary. It may be agreed that a negotiated salary will be paid to the employee. This salary may include the supplements and salary elements determined in this chapter.
Negotiated salary. 1. It may be agreed that a negotiated salary (total salary) will be paid to the employee. This salary may include the supplements and parts of salary determined in this chapter on the salary for administration and support service personnel. 2. In addition, due to various system changes, employees may receive sala- ry exceeding the salary under the collective agreement (for instance the so-called guaranteed piecework pay), which will be dealt with as the ne- gotiated salary mentioned above.
Negotiated salary. It may be agreed that a negotiated salary will be paid to the em- ployee. This salary may include the supplements and salary ele- ments determined in this chapter.

Related to Negotiated 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.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • 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.

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • 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.