Total Base Compensation Clause Samples

The Total Base Compensation clause defines the fixed amount of salary or wages an employee will receive as their primary form of compensation, excluding bonuses, benefits, or other incentives. This clause typically specifies the annual or hourly rate, the frequency of payment (such as bi-weekly or monthly), and may outline any adjustments or review periods. Its core practical function is to provide clear, upfront agreement on the employee’s standard pay, ensuring both parties understand the baseline financial terms of employment and reducing the risk of disputes over compensation.
Total Base Compensation. For and in consideration of the continued satisfactory performance of Duties and the covenants agreed and entered into by Faculty Member, UNTHSC will pay to Faculty Member the Total Base Compensation more particularly described in Attachment A to this Agreement, payable on a monthly basis through UNTHSC’s payroll system through the annual term of this Agreement, subject to such withholdings as may be required by applicable federal, state, or local laws, or as authorized by Faculty Member, and prorated for partial years or months during the term of this Agreement. Provided, however, during the term of this Agreement, Total Base Compensation shall be subject to adjustment in accordance with the UNTHSC Faculty Compensation Plan in order to address a change in Faculty Member’s duties, responsibilities, accomplishments, and/or clinical productivity. Any increase or decrease in Total Base Compensation shall be evidenced by a duly executed Faculty Contract Compensation Worksheet and payroll authorization. In the event of any conflict between this Agreement and the payroll authorization, the payroll authorization shall control.
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Total Base Compensation. Year Total Compensation Total Monthly Compensation
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Total Base Compensation. For and in consideration of the continued satisfactory performance of Services and the covenants agreed and entered into by Social Worker, UNTHSC will pay to Social Worker the Annual Salary more particularly described in Attachment A to this Agreement, payable on a monthly basis through UNTHSC’s payroll system through the annual term of this Agreement, subject to such withholdings as may be required by applicable federal, state, or local laws, or as authorized by Social Worker, and prorated for partial years or months during the term of this Agreement. Provided, however, during the term of this Agreement, Annual Salary shall be subject to adjustment in accordance with the UNTHSC Faculty Compensation Plan or applicable Clinical Practice Group compensation plan in order to address a change in Social Worker’s duties, responsibilities, accomplishments, and/or clinical productivity. Any increase or decrease in Annual Salary shall be evidenced by a duly executed Faculty Contract Compensation Worksheet and payroll authorization. In the event of any conflict between this Agreement and the payroll authorization, the payroll authorization shall control.
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Total Base Compensation. For and in consideration of the continued satisfactory performance of Services and the covenants agreed and entered into by Physician, UNTHSC will pay to Physician the Total Base Compensation more particularly described in Attachment A to this Agreement, payable on a monthly basis through UNTHSC’s payroll system through the annual term of this Agreement, subject to such withholdings as may be required by applicable federal, state, or local laws, or as authorized by Physician, and prorated for partial years or months during the term of this Agreement. Provided, however, during the term of this Agreement, Total Base Compensation shall be subject to adjustment in accordance with the UNTHSC Faculty Compensation Plan in order to address a change in Physician’s duties, responsibilities, accomplishments, and/or clinical productivity. Any increase or decrease in Total Base Compensation shall be evidenced by a duly executed Faculty Contract Compensation Worksheet and payroll authorization. In the event of any conflict between this Agreement and the payroll authorization, the payroll authorization shall control.
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Related to Total Base Compensation

  • 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.

  • 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”).

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Total Compensation 5.1. Contractor shall include Total Compensation in ▇▇▇ for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 5.1.2. In the preceding fiscal year, Contractor received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $25,000,000 or more in annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.3. The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986.

  • 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.