Compensation Clause Example with 5 Variations from Business Contracts

This page contains 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.
Compensation. Base Salary. Your annualized base salary rate is $400,000, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five percent (35%) of your annual base salary, as determined by the Board in its sole discretion based upon, among other things, the achievement of pre-de...termined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Withholding. Tempest shall withhold from any compensation or benefits payable to you by Tempest any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in Millendo Therapeutics, Inc. contract

Variations of a "Compensation" Clause from Business Contracts

Compensation. Base Salary. Your initial annualized base salary rate is $400,000, will be $325,000, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's NextCure's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five percent (35%) 35% of your annual base salary, salary as determined by the Board in its sole discretion based upo...n, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Withholding. Tempest NextCure shall withhold from any compensation or benefits payable to you by Tempest NextCure any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in NextCure, Inc. contract
Compensation. Base Salary. Your initial annualized base salary rate is $400,000, will be $375,000, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's NextCure's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five percent (35%) 35% of your annual base salary, salary as determined by the Board in its sole discretion based upo...n, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Withholding. Tempest NextCure shall withhold from any compensation or benefits payable to you by Tempest NextCure any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in NextCure, Inc. contract
Compensation. Base Salary. Your initial annualized base salary rate is $400,000, will be $500,000, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's NextCure's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five percent (35%) 50% of your annual base salary, salary as determined by the Board in its sole discretion based upo...n, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Withholding. Tempest NextCure shall withhold from any compensation or benefits payable to you by Tempest NextCure any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in NextCure, Inc. contract
Compensation. Base Salary. Your annualized base salary rate as of the Effective Date is $400,000, $475,283, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five forty percent (35%) (40%) of your annual base salary, as determined by the Board in its sole discretion based upon..., among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Option Grants. As of the Effective Date, you acknowledge that you have been granted options to purchase 250,000 of Tempest's common stock, vesting in accordance with the terms of the grant agreements therefor, and otherwise in accordance with this Agreement. The option grant is also subject to the terms of Tempest's equity incentive arrangements, including its customary Incentive Stock Option (ISO) Grant Agreement. Withholding. Tempest shall withhold from any compensation or benefits payable to you by Tempest any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in Millendo Therapeutics, Inc. contract
Compensation. Base Salary. Your annualized base salary rate is $400,000, $475,283, less standard deductions and withholding and payable bi-weekly in accordance with Tempest's regular payroll practices. Your salary shall be reviewed annually and may be adjusted in connection with any such review. Bonus Program. You will be eligible for an annual target bonus of thirty five forty percent (35%) (40%) of your annual base salary, as determined by the Board in its sole discretion based upon, among other things, the... achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates. Option Grants. As of the Effective Date, you acknowledge that you have been granted options to purchase 250,000 of Tempest's common stock, vesting in accordance with the terms of the grant agreements therefor, and otherwise in accordance with this Agreement. The option grant is also subject to the terms of Tempest's equity incentive arrangements, including its customary Incentive Stock Option (ISO) Grant Agreement. Withholding. Tempest shall withhold from any compensation or benefits payable to you by Tempest any federal, state and/or local income, employment and/or other similar taxes as may be required to be withheld pursuant to any applicable law or regulation. View More
Found in Millendo Therapeutics, Inc. contract