SALARY AND POSITION Clause Samples

The 'Salary and Position' clause defines the employee's job title and the compensation they will receive for their work. It typically specifies the exact role or position the employee will hold within the organization and outlines the base salary, pay frequency, and any additional compensation elements such as bonuses or allowances. By clearly stating these terms, the clause ensures both parties have a mutual understanding of the employment arrangement, reducing the risk of disputes over pay or job responsibilities.
SALARY AND POSITION. Employee's Base Pay and job title shown on Schedule I are correct as of the date hereof and in accordance with Employee's understanding.
SALARY AND POSITION. The base rate of pay and job title shown on Schedule I are correct and in accordance with Employee's understanding.
SALARY AND POSITION. Effective May 6, 2006, Company shall employ Employee in the job and at the base rate of pay shown on Schedule I. Employee shall be entitled to participate in the benefit programs referenced on Schedule II hereof as determined by the Chief Executive Officer of the Company and, to the extent required, approved by the Manor Care Board of Directors.
SALARY AND POSITION. The base rate of pay and job title shown on Schedule I are correct and in accordance with Employee's understanding. The Employee shall be entitled to participate in the benefit programs referenced on Schedule II hereof to the extent determined by the President of the Company.
SALARY AND POSITION. The Company agrees to employ, and the Employee agrees to be employed as ●, at a monthly salary of JD●, which shall be calculated on a pro rata basis when salary is paid for a period of less than one month. The Employee agrees that the duties and responsibilities associated with the aforementioned position include, but are not limited to, the tasks listed in Appendix A. كرشلا قفاوف :يفيظولا ىمسمو بتارلا .1 فيظوب لمعلا ىلع فظوملا قفاويو ،فيظوتلا ىلع متيس ذلاو ،˝شينررأ ˝ارشنير ● هردق ره رج بو ● ره نع لقف كدمل رجلأا عفر دنع سشنتلشب ﻪبشستحا تشيلوؤسملاو تشبجاولا ىلع فظوملا قفاوي .دحاو يتلاو ،هركذ قبشسلا يفيظولا زكرملل بحشصملا كروكذملا مشهملا ،رصحلا لا tشثملا ليبس ىلع لمشف .أ قحلملا يف

Related to SALARY AND POSITION

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Salary and Bonus Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • 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.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation 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.

  • Base Salary and Benefits (a) During the Employment Period, the Company shall pay Executive an annual base salary of $535,600 (the “Base Salary”). As used herein, references to “Base Salary” shall include all subsequent increases in annual base salary during the Employment Period. The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices (as in effect from time to time). (b) In addition to the Base Salary, during the Employment Period, Executive will be eligible to earn an annual bonus under a bonus plan to be established by the Company, payable in accordance with the Company’s customary practices, as determined by the Board, in its sole discretion based upon the Company’s achievement of budgetary and other objectives set by the Board; provided that, in determining the amount of the annual bonus, if any, to be paid to Executive, the Board shall, in determining whether the Company has achieved the budgetary and other goals set by the Board, disregard any payments by the Company and its subsidiaries to Onex (as defined below) and affiliates. (c) During the Employment Period, Executive shall be entitled to participate in all of the Company’s employee benefit programs for which senior executives of the Company and its subsidiaries are generally eligible. Without duplication of any employee benefits provided to all senior executives of the Company and its subsidiaries, the Company shall reimburse Executive for the annual premium cost of $1 million of term life insurance coverage purchased by Executive on his life, up to a maximum of Eleven Thousand Dollars ($11,000) per year. (d) During the Employment Period, the Company shall (without duplication of any employee benefits provided to Executive pursuant to other provisions of this Agreement) reimburse Executive for all reasonable business expenses incurred by him in the course of performing his duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, subject to the Company’s requirements with respect to reporting and documentation of such expenses. (e) All amounts payable or otherwise provided to Executive pursuant to this Agreement shall be subject to all applicable withholding and deduction obligations.