Define: Salary Rate

How is Salary Rate defined in a legal contract?

• Salary Rate means a specific amount of money paid for a specific period of service. Seen in 26 SEC filings
• Salary Rate means the rate of pay computed by multiplying the employee's base salary by their Full Time Equivalent (FTE). Seen in 17 SEC filings
• Salary Rate means a specific amount of money paid according to an established salary schedule on an hourly, monthly, or annual basis. Seen in 7 SEC filings
• Salary Rate means a base rate of pay, expressed as either a single rate of pay or a range of rates of pay, for various periods such as hourly, weekly, monthly, or annually. If no such rate or range exists, it refers to any fixed or ascertainable amount of base pay.
  Seen in 6 SEC filings
• Salary Rate means the actual hourly rate that a contractor pays to its assigned personnel for conducting an assignment, which is a part of the billing rate paid by the [organization] for services rendered by the Contractor's Assigned Personnel. It should be in accordance with the appropriate Salary Rate, as outlined in the [appendix] and [schedule], or it shall be as per an agreement documented in writing by the parties according to this [clause]. Seen in 6 SEC filings
• Salary Rate means a specific amount of money paid for a specific period of service. Seen in 4 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of salary rate' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Salary Rate means the fixed amount of money paid for a specific period of service.

Relevant Contract Types

• Employment Agreement
• Independent Contractor Agreement
• Temporary Employment Contract
• Consulting Agreement

Relevant Circumstances

• Hiring a new full-time or part-time employee
• Onboarding a temporary worker or consultant
• Adjusting the compensation or hours of existing employees

Relevant Sectors

• Technology
• Healthcare
• Education
• Retail

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Genie Definition 2

• Salary Rate means the calculated rate of pay, established as an employee's base salary multiplied by their Full Time Equivalent (FTE).

Relevant Contract Types

• Employee Share Option Plan
• Management Services Agreement
• Director Service Agreement

Relevant Circumstances

• Adjustment of salary for a role that is not traditional full-time
• Clarifying compensation for roles with variable hours
• Establishing compensation for high-level executives or directors

Relevant Sectors

• Technology
• Financial Services
• Manufacturing
• Consulting

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