Term of Employment Clause Example with 5 Variations from Business Contracts

This page contains Term of Employment 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.
Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions set forth herein, until the second anniversary of the date of this agreement unless terminated as hereinafter set forth, or as mutually agreed to by the parties (the "Term"). 1 Section II. Compensation and Benefits 1. Base Salary. During the Employment Term, the Executive shall receive a base salary at the annual rate of five-hundred thousand ...dollars ($500,000). The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. View More
Found in Heritage Insurance Holdings, Inc. contract

Variations of a "Term of Employment" Clause from Business Contracts

Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions set forth herein, until the second anniversary of the date of this agreement December 31, 2020, unless terminated as hereinafter set forth, or as mutually agreed to by the parties (the "Term"). 1 Section II. Compensation and Benefits 1. Base 1.Base Salary. During the Employment Term, the Executive shall receive a base salary at the annual rate... of five-hundred thousand dollars ($500,000). $750,000 for 2016, which shall be increased as necessary to reflect reasonable cost of living and inflation-based adjustments on January 1st of each calendar year during the Term. The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. taxes, and may be increased by the Board in its discretion. View More
Found in Heritage Insurance Holdings, Inc. contract
Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions set forth herein, until the second anniversary December 31, 2020 of the date of this agreement agreement, unless terminated as hereinafter set forth, or as mutually agreed to by the parties (the "Term"). 1 Section II. Compensation and Benefits 1. Base Salary. During the Employment Term, the Executive shall receive a base salary at the annual r...ate of five-hundred thousand dollars ($500,000). $1,750,000 for 2016, which shall be increased as necessary to reflect reasonable cost of living and inflation-based adjustments on January 1st of each calendar year during the Term. The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. taxes, and may be increased by the Board in its discretion. View More
Found in Heritage Insurance Holdings, Inc. contract
Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions set forth herein, until the second anniversary December 31, 2020 of the date of this agreement agreement, unless terminated as hereinafter set forth, or as mutually agreed to by the parties (the "Term"). 1 Section II. Compensation and Benefits 1. Base Salary. During the Employment Term, the Executive shall receive a base salary at the annual r...ate of five-hundred thousand dollars ($500,000). $2,000,000 for 2016, which shall be increased as necessary to reflect reasonable cost of living and inflation-based adjustments on January 1st of each calendar year during the Term. The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. taxes, and may be increased by the Board in its discretion. View More
Found in Heritage Insurance Holdings, Inc. contract
Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions until this Agreement is terminated as set forth herein, until the second anniversary of the date of this agreement unless terminated as hereinafter set forth, or as mutually agreed to by the parties herein (the "Term"). 1 Section II. Compensation and Benefits 1. Base Salary. During the Employment Term, the Executive shall receive a base salary... at the annual rate of five-hundred thousand dollars ($500,000). $850,000.00. The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. View More
Found in Heritage Insurance Holdings, Inc. contract
Term of Employment. The Company shall continue to employ the Executive and the Executive shall continue to serve the Company and its Subsidiaries, on the terms and conditions set forth herein, until the second anniversary of the date of this agreement May 31, 2016, unless terminated as hereinafter set forth, or as mutually agreed to by the parties (the "Term"). 1 Section II. Compensation and Benefits 1. Base Salary. During the Employment Term, the Executive shall receive a base salary at the annual rate of five-hun...dred thousand dollars ($500,000). $475,000.00. The base salary shall be payable in substantially equal installments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. View More
Found in Heritage Insurance Holdings, Inc. contract