English to Russian Bus/Financial Finance (general)

Employment Related Matters
Payroll disbursements should be made in accordance with the existing Payroll process and controls.
The hiring approval process should conform to the Human Resources policies and practices in the respective country.
All severance agreements should be approved as per Human Resources policies and procedures.
Upon the approval of the CEO, and subject to the applicable authorization required under this Section 3.4, any approved severance consideration may be paid through the issuance of ХХХХ common stock.
All employment contracts and severance agreements should be approved per the authorization schedule under Section 2.