Compensation Contract Clauses (7,502)

Compensation. 3.1 Cash Salary: American Rebel shall pay Ross a base cash salary of One Hundred Eighty Thousand Dollars ($180,000) per year ("Salary"). Such Salary shall be payable in accordance with American Rebel's normal policies. Further, the Board of Directors shall review the Salary annually for an increase, such increase not to be less than the year-over-year increase in the U.S. Consumer Price Index. 3.2 Retention Bonus; Preferred Stock Grant: Concurrent with the signing of this Agreement, American Reb...el shall grant and issue to Ross fifty thousand (50,000) shares of Series A - Super Voting Convertible Preferred Stock, valued at $50. 3.3 Incentive Compensation: In addition to the Salary, Ross shall be eligible to receive as incentive compensation ("Bonus") in respect of each fiscal year (or portion thereof) of American Rebel, up to one hundred percent (100%) of his then applicable Salary, in addition to any other amount determined in accordance with any other short term incentive compensation program, which has been or may be established by the Board either for Ross or for executives or senior management. The determination as to the amounts of any awards to be paid to Ross under these programs shall be reviewed at least annually by the Board to ensure that such amounts are competitive with awards granted to similarly situated CEOs of companies comparable to American Rebel. The specific goals and objectives, including quantitative and qualitative measures, used to determine the amount to be paid as a Bonus for each fiscal year shall be agreed to by and between the CEO and the Board not later than June 30th of each successive year this Agreement. View More

Compensation. During the Executive's employment, for all services rendered by the Executive, the Company shall pay the Executive a fixed annual salary of $200,000 less applicable deductions. The Executive's salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the Executive's salary during the Executive's employment under this Agreement.

Compensation. Salary. The Company will pay you as compensation for your services an annual base salary, currently $250,000 ("salary"), payable in accordance with the Company's standard payroll procedures. Your salary is determined by the Compensation Committee of the Board of Directors ("Compensation Committee") and is subject to change at any time during your employment. The Compensation Committee Board will automatically review your salary for the following calendar year and will notify you of any changes p...rior to the first day of the following calendar year. The Compensation Committee's automatic review does not in any way limit the Company's ability to adjust your salary at any time. This is an exempt position, which means that your salary is intended to compensate you for all hours worked, and you will not be eligible for overtime pay or other certain rights afforded by state and federal law. Bonus. The Compensation Committee retains the right in its sole discretion to issue an annual bonus, if any, to You. Annual RSU Grant. Subject to the approval of the Company's Compensation Committee, the Company will grant you restricted stock units ( "RSUs") pursuant to the Company's Stock Incentive Plan. Any grant of RSUs shall be pursuant to separate Restricted Stock Award Agreement. Relocation Expenses. In the event you and the Company agree that you will relocate your principal residence, you will be entitled to relocation benefits in accordance with the Company's applicable relocation policy then in effect. The foregoing provisions (a)-(d) are subject to the terms and conditions of any applicable plans and/or policies of the Company, as amended from time to time. You agree to pay any income or other taxes that are required to be paid in connection with your receipt of these benefits. View More

Compensation. During the Employment Term, the Company agrees to pay the Employee compensation as follows: (a) STOCK COMPENSATION. Beginning on the Effective Date and through December 31, 2021, the Company shall compensate the Employee through the issuance of 83,111 shares of common stock to the Employee issuable on December 31, 2024. In addition, the Employee shall be eligible for an option grant in an amount as determined by the Company's Board (or compensation committee of the Company) with a vesting schedu...le such that 60% shall vest on January 1, 2024 and 20% of the total grant shall vest on each of January 1, 2025 and 2026. (b) CASH COMPENSATION. Beginning on January 1, 2022, the Company shall pay the Employee a base salary at an annual rate of $292,500, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly (the "Base Salary"). View More

Compensation. (a) As compensation for the services to be performed hereunder, the Company shall pay to the Employee a combination of short term (cash) and long term (options) compensation. Short term compensation will consist of a base salary $350,000 and discretionary bonus based on performance goals established by the Compensation Committee. Long term compensation will be provided by 100,000 non-qualified yearly stock options with one year vesting on November 30, 2021, and each anniversary date thereafter f...or advancing the long term objectives of the Company established by the Board of Directors and with long-term performance goal evaluation by the Compensation Committee. The exercise price for options of common stock will be equal to 100% of the closing price of the Company stock on the NYSE Amex on the trading date immediately preceding the date of the award. (b) The Company agrees that the amounts set-forth herein as yearly and long-term salary compensation will not be reduced during the term of the agreement. Increases will be reevaluated each year at the discretion of the Compensation Committee based upon excellent performance and using appropriate comparator biotechnology/pharmaceutical companies as a guide. (c) Awards of 1% Gross Proceeds will be made for significant events such licensing agreements or therapeutic indication acquisitions. For purposes herein, Gross Proceeds shall mean those cash amounts paid to the Company by the other parties for licensing agreement, therapeutic acquisitions, or any other one time cash generating event. (therapeutic indications are for example target organ specific pathologically defined cancer indications, vaccine enhancers, broad spectrum antiviral indications, or medical entities associated with persistent severe fatigue). Additionally, employee shall be entitled to acquisition awards of 1% Gross Proceeds related to any sale of the Company, or any sale of a substantial portion of Company assets not in the ordinary course of it business. Gross proceeds shall not include (i) any amounts paid to the Company as reimbursement of expenses incurred; (ii) any amounts paid to the Company in consideration for the Company's assets (i.e., plant, property, equipment, investments, etc.) except in the context of an acquisition of all or a large part of the company, equity or other securities except in the context of an acquisition of all or a large part of the company; (iii) federal or state grants or tax deferrals and product sales (Ampligen, Alferon or derivative products). All such awards shall be paid in cash within 90 days of the receipt of the Gross Proceeds by the Company. In the event of termination without Cause the Employee shall be entitled to receive these One Time awards under the conditions provided by the Agreement and will be based upon Gross Proceeds received by the Company with respect to any joint ventures, corporate partnering, or acquisition arrangements entered into by the Company during the term of this Agreement. View More

Compensation. As consideration for the Services, Company shall pay Employee a base salary of USD$120,000 per annum (before tax), paid in periodic installments in accordance with the Company's regular payroll practices commencing on the date hereof, subject to annual review and approval of Compensation Committee of the Board of directors.

Compensation. 3.1Base Salary. 3.2Business Expenses. 3.3Bonus. 3.4Equity. 3.5Benefits.

Compensation. Base Salary. The Company shall pay the Executive a salary (the "Base Salary") at an annualized rate of $305,000. The Base Salary shall be payable in accordance with the general payroll practices of the Company in effect from time to time. During the Term, the Base Salary shall be reviewed at least annually by the Board after consultation with the Executive and may from time to time be increased as solely determined by the Board. Effective as of the date of any such increase, the Base Salary as s...o increased or, if permitted by the following sentence, as so decreased, shall be considered the new Base Salary for all purposes of this Agreement. Notwithstanding the foregoing, the Executive's Base Salary may be decreased, following written notice to the Executive, by up to 10% if such a decrease is part of an across-the-board reduction implemented for Company executives and necessitated, in the opinion of the Board, by a significant business disruption or loss of revenue for the Company Group. Annual Bonus. The Executive shall be eligible for discretionary bonus awards payable in cash or common units of the MLP, as so determined solely by the Board, based on performance objectives determined by the Board, provided the Executive is employed by the Company on the date such payment is made. Long-Term Incentives. Awards of unit options, unit grants, restricted units and/or other forms of equity-based compensation to the Executive may be made from time to time during the Term by the Board in its sole discretion, whose decision will be based upon performance and award guidelines for senior executives of the Company established periodically by the Board in its sole discretion. 2 D. Benefits. (1) If and to the extent that the Company maintains employee benefit plans (including, but not limited to, pension, profit-sharing, disability, accident, medical, life insurance, and hospitalization plans) (it being understood that the Company may but shall not be obligated to do so), the Executive shall be entitled to participate therein in accordance with the terms of the applicable plans in effect from time to time and the Company's regular practices with respect to similarly situated senior executives. The Company will have the right to amend or terminate any such benefit plans it may choose to establish. (2) The Executive shall be entitled to prompt reimbursement from the Company for reasonable out-of-pocket expenses incurred by him in the course of the performance of his duties hereunder, upon the submission of appropriate documentation in accordance with the practices, policies and procedures applicable to other senior executives of the Company in effect from time to time. (3) The Executive shall be entitled to paid-time-off each year (which shall accrue and must be taken pursuant the Company's applicable paid-time-off policies in effect from time to time) and such holidays and other paid or unpaid leaves of absence as are consistent with the Company's normal policies available to other senior executives of the Company (and which shall take into account the duration of the Executive's employment with the Company, including such employment prior to the Effective Date) or as are otherwise approved by the Board. Payment by Affiliates. Compensation and benefits provided under this Agreement may, at the election of the Company, be provided for administrative convenience by any of the Company's affiliates (including any other member of the Company Group). View More

Compensation. During the period of the Employment Term commencing as of the Effective Date (the "New Term") , the Executive shall be entitled to the following compensation and benefits ("Compensation"): (a) Salary. During the New Term, the Company shall pay the Executive a monthly salary, based on a gross annual salary of four hundred fifty thousand dollars (US$ 450,000) (the "Salary"). The Salary shall be payable in accordance with the payroll practices of the Company as the same shall exist from time to tim...e. (b) Performance Bonus. The Company shall pay the Executive an annual performance bonus based on New Payoneer's achievement of targets and milestones as determined by the Board of Directors or Compensation Committee of New Payoneer, in a gross annual amount equal to 100% of the Salary (the "Performance Bonus"). The Performance Bonus, if any, shall be paid at the end of every budget year, subject to achievement in full of the targets and milestones determined as aforesaid. (c) Vacation and Sick Days. The Executive shall be entitled to 20 working days of paid vacation and up to 7 working days of paid sick-leave in each calendar year, which may be taken in accordance with the Company's vacation policy as in effect from time to time. (d) Expenses. The Company will reimburse the Executive for reasonable and necessary out-of-pocket expenses incurred by the Executive in furtherance of the Company's and/or New Payoneer's business, in accordance with the Company's business and travel policy (including accessories such as mobile phone and laptop expenses). (e) Benefits. The Executive shall be entitled to receive health insurance coverage for himself and his immediate family (i.e., spouse and children) at full coverage, subject to the Company policy then in effect (including in respect to deductible/participation by the insureds). The Executive shall bear all the taxes and compulsory payments payable with respect to the Compensation. All the amounts specified in this Agreement are gross and the Company shall withhold from the Compensation any amount required to be withheld under any applicable law. View More

Compensation. 3.3Bonus. 3.5Fringe Benefits. 4.3Indemnification. 5.4Death or Disability.