3.1Base Salary. Executive’s annual base salary shall be $650,000, which base salary shall be prorated for periods that are less than one year and shall be paid in accordance with the Employer’s monthly payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executive shall be eligible for annual merit increases in Executive’s base salary as determined by the Compensation Committee of the Board in its sole discretion.
3.1BaseBase Salary. Executive’s annual rate of base salary shall be $650,000, which base salary$600,000 (the “Base Salary”). The Company shall be prorated for periods that are less than one year and shall be paidpay the Base Salary in periodic installments in accordance with the Employer’s monthlyits payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executivepractices. The Base Salary shall be eligible for annual merit increases in Executive’s base salary as determinedreviewed at least annually by the Compensation Committee of the Board in its sole discretion.Board, or a committee thereof, and may be increased (but not decreased).
3.1BaseBase Salary. Executive’s annual base salary shall be $650,000, which base salary shall be prorated for periods that are less than one year and shall(the “Base Salary”) will be paid at the rate of $27,083.33 monthly ($325,000 annualized) during the Term. Executive’s Base Salary may be increased by the Compensation Committee and/or Board in their sole discretion, but shall not be decreased without Executive’s consent. Executive’s Base Salary will be paid at periodic intervals in accordance with the Employer’[[Organization A:Organization]]’s monthlynormal payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executive shall be eligible for annual merit increases in Executive’s base salary as determined by the Compensation Committee of the Board in its sole discretion.salaried employees.
3.1BaseBase Salary. Executive’During the Employment Term, the Company shall pay to the Executive a salary of $675,000 per annum, payable consistent with the Company’s annual base salarystandard payroll practices then in effect (“Base Salary”). Such Base Salary shall be $650,000, which base salary shall be prorated for periods that are less than one year and shall be paid in accordance with the Employer’s monthly payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executive shall be eligible for annual merit increases in Executive’s base salary as determinedreviewed by the Compensation Committee of the Board in its sole discretion.(hereinafter the “Compensation Committee”) at least annually, with any changes taking into account, among other factors, Company and individual performance.
3.1BaseBase Salary. Executive’s annualCompany shall pay Executive a base salary (the “Base Salary”) at the annual rate of $407,800. The Base Salary shall be $650,000, which base salary shall be prorated for periods that are less than one year and shall be paidpayable in substantially equal periodic installments in accordance with the Employer’Company’s monthly payroll practices for executives at a rate of $54,166.67 a month, lessas in effect from time to time. Company shall deduct from each such installment all amounts required to be deducted or withheld under applicable taxeslaw or under any employee benefit plan in which Executive participates. The Base Salary will be reviewed annually and withholdings. Executive shallmay be eligible for annual merit increases in Executive’s base salary as determined by the Compensation Committee of the Board in its sole discretion.increased.
3.1BaseBase Salary. During the Employment Period, the Executive’s annual base salary shall be $650,000, which base salary$450,000 (such annual salary, as it may be adjusted upward by the Board in its discretion, being referred to as the “Base Salary”). The Base Salary shall be prorated for periods that are less than one year and shall be paidpayable in regular installments in accordance with the Employer’Company’s monthlygeneral payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executivepractices, shall be eligible for annual merit increases in Executive’s base salary as determined bysubject to customary withholding and may be increased (but not decreased) at the Compensation Committeediscretion of the Board in its sole discretion.Board.
3.1BaseBase Salary. Executive’s annualDuring the Term, Executive shall be entitled to a base salary shall be $650,000,of $25,000.00 per month (which annualizes to $300,000.00 per year), pro-rated for any partial month, less applicable tax and other withholdings (“Base Salary”), which base salary shall be prorated for periods that are less than one year and shall be paid in accordance with the Employer’Company’s monthlynormal payroll practices for executives at a rate of $54,166.67 a month, lessand applicable taxesstate and withholdings. Executive shallfederal law. The Base Salary may be eligible for annual merit increasesincreased but not decreased in Executive’s base salary as determined by the Compensation Committeesole discretion of the Board in its sole discretion.Board.
3.1BaseBase Salary. Executive’s annualExecutive will receive a base salary (the “Base Salary”), initially at the annualized rate of $1,000,000 per year. The Base Salary shall be $650,000, which base salary shall be prorated for periods that are less than one year and shall be paidpayable biweekly in accordance with the Employer’Company’s monthlystandard payroll practicesschedule and procedures, and will be pro-rated for executives at a ratethe current year, as well as any other partial year of $54,166.67 a month, less applicable taxes and withholdings. Executiveemployment. Thereafter, Executive’s Base Salary shall be eligible for annual merit increases in Executive’periodically reviewed as a part of the Company’s base salary asregular review of compensation, and will be determined by the Compensation and Leadership Development Committee of the Board in its sole discretion.(the “Compensation Committee”).
3.1BaseBase Salary. Executive’s annualDuring the Employment Period, the Company will pay to Executive a base salary shall be $650,000, which base salary shall be prorated for periods that are less than onein the amount of U.S. $775,000 per year and shall be paid(the “Base Salary”), payable in accordance withequal bi-weekly or other installments as provided under the Employer’Company’s monthlystandard payroll practices in effect for senior executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executive shall be eligible for annual merit increases infrom time to time. Executive’s baseBase Salary will be reviewed at least annually and, subject to approval of the Committee, the Company may increase Executive’s Base Salary from time to time. The periodic review of Executive’s salary as determined by the Compensation Committee ofwill consider, among other things, Executive’s own performance and the Board in its sole discretion.Company’s performance.
3.1BaseBase Salary. During the Employment Period, Executive’s annual base salary shall be $650,000,in an amount set by the Board (or a committee thereof), but under no circumstances will it be less than $320,000 per annum (the “Base Salary”), which base salary shall be prorated for periods that are less than one year and shall be paidpayable in regular installments in accordance with the Employer’Company’s monthlygeneral payroll practices for executives at a rate of $54,166.67 a month, less applicable taxes and withholdings. Executive shall be eligible forsubject to customary withholding. The Base Salary shall be subject to annual merit increases in Executive’s base salary as determined by the Compensation Committee of the Board (or a committee thereof), in its sole discretion.discretion, which increases shall thereafter be Executive’s “Base Salary” for all purposes under this Agreement.
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