Cash Compensation Clause Example with 4 Variations from Business Contracts

This page contains Cash Compensation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Cash Compensation. The Company will pay you a starting salary at the rate of $260,000 per year, payable in accordance with the Company’s standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of the Company. The bonus (if any) will be awarded based on objective or subjective criteria established by the Company’s Chief Exec...utive Officer and approved by the Company’s Board of Directors or its compensation committee. Your target bonus will be equal to 30% of your annual base salary. Any bonus for the fiscal year in which your employment begins will be prorated, based on the number of days you are employed by the Company during that fiscal year. Any bonus for a fiscal year will be paid within 211/2 months after the close of that fiscal year, but only if you are still employed by the Company at the time of payment. The determinations of the Company’s Board of Directors or its compensation committee with respect to your bonus will be final and binding. View More

Variations of a "Cash Compensation" Clause from Business Contracts

Cash Compensation. The Company Beginning on the Effective Date, your annual base salary will pay you a starting salary at the rate of $260,000 be $240,000 per year, payable in accordance with the Company’s standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. In addition, you will continue to be eligible to be considered for an incentive a cash-incentive bonus for each fiscal year of the Company. The bonus (if any)... will be awarded based on objective or subjective criteria established by the Company’s Chief Executive Officer and approved by the Company’s Board Compensation Committee of Directors or its compensation committee. the Board. Your target bonus will be equal to 30% 55% of your annual base salary. Any bonus for salary, measured as of the fiscal year in which your employment begins will be prorated, based on the number last day of days you are employed by the Company during that each fiscal year. Any bonus for a fiscal year will be paid within 211/2 21⁄2 months after the close of that fiscal year, but only if you are still employed by the Company at the time of payment. The determinations of the Company’s Board of Directors or its compensation committee Compensation Committee with respect to your bonus will be final and binding. View More
Cash Compensation. The Company Beginning on the Effective Date, your annual base salary will pay you a starting salary at the rate of $260,000 be $230,000 per year, payable in accordance with the Company’s standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. In addition, you will continue to be eligible to be considered for an incentive a cash-incentive bonus for each fiscal year of the Company. The bonus (if any)... will be awarded based on objective or subjective criteria established by the Company’s Chief Executive Officer and approved by the Company’s Board Compensation Committee of Directors or its compensation committee. the Board. Your target bonus will be equal to 30% 55% of your annual base salary. Any bonus for salary, measured as of the fiscal year in which your employment begins will be prorated, based on the number last day of days you are employed by the Company during that each fiscal year. Any bonus for a fiscal year will be paid within 211/2 21⁄2 months after the close of that fiscal year, but only if you are still employed by the Company at the time of payment. The determinations of the Company’s Board of Directors or its compensation committee Compensation Committee with respect to your bonus will be final and binding. View More
Cash Compensation. The Company will pay you a starting salary at the rate of $260,000 $360,000 per year, payable in accordance with the Company’s standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of the Company. The bonus (if any) will be awarded based on objective or subjective criteria established by the Company’s C...hief Executive Officer and approved by the Company’s Board of Directors or its compensation committee. (the “Board”). Your annual target bonus will be equal to 30% 35% of your annual base salary. Any bonus for the fiscal year in which your employment begins will be prorated, based on the number of days you are employed by the Company during that fiscal year. Any bonus for a fiscal year will be paid within 211/2 21⁄2 months after the close of that fiscal year, but only if you are still employed by providing services to the Company at the time of payment. The determinations of the Company’s Board of Directors or its compensation committee with respect to your bonus will be final and binding. View More
Cash Compensation. The Company will pay you a starting salary at the rate of $260,000 $14,583.33 per year, pay period (twenty four pay periods per year), payable in accordance with the Company’s standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of the Company. The bonus (if any) will be awarded based on objective or s...ubjective criteria established by the Company’s Chief Executive Officer and approved by the Company’s Board of Directors or its compensation committee. Compensation Committee. Your target bonus will be equal to 30% 35% of your annual base salary. Any bonus for the fiscal year in which your employment begins will be prorated, based on the number of days you are employed by the Company during that fiscal year. Any bonus for a fiscal year will is expected to be paid within 211/2 2.5 months after the close of that fiscal year, but only if you are still employed by the Company at the time of payment. The determinations of the Company’s Board of Directors or its compensation committee Compensation Committee with respect to your bonus will be final and binding. View More