Base Salary. The Executive’s Base Salary under this Agreement shall be at the initial rate of $575,000. The Executive’s Base Salary will be paid by Adtalem in substantially equal bi-weekly installments. The Base Salary will be reviewed annually by the CEO in coordination with the Compensation Committee and upon such review the Base Salary may be increased by the CEO in coordination with the Compensation Committee (but subject to any applicable Adtalem policy, law, or exchange listing requirement); provided, however, the Base Salary under this Agreement, including as subsequently adjusted upwards, may not be decreased thereafter except in the case of an across-the-board percentage reduction in base salaries of executives at the Executive’s level affecting such executives equally. All amounts payable to the Executive under this Agreement will be subject to all required withholding by Adtalem.
Base Salary. During the Employment Term, the Company shall pay to the Executive a salary of $675,000 per annum, payable consistent with the Company’s standard payroll practices then in effect (“Base Salary”). Such Base Salary shall be reviewed by the Compensation Committee of the Board (hereinafter the “Compensation Committee”) at least annually, with any changes taking into account, among other factors, Company and individual performance.
Base Salary. The Company shall pay to Employee an annual base salary of $350,000 (the “Base Salary”), less such deductions as are required by law or that Employee may elect in accordance with Company policy and procedure, payable in equal periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than monthly. The Base Salary shall be prorated for any partial year of employment on the basis of a 365-day year. The Base Salary shall be reviewed at least annually by the Company’s Board of Directors (the “Board”) and may increase (but not decrease) at the Board’s sole and absolute discretion.
Base Salary. During the Employment Period, the Employer will pay to Employee a base salary at the rate of at least $189,625 per year (“Base Salary”), less normal withholdings, payable in equal monthly or more frequent installments as are customary under the Bank’s payroll practices from time to time. In accordance with the policies and procedures of the Board of Directors of the Bank (the “Bank Board”), the Employer shall review Employee’s total compensation at least annually and in its sole discretion may adjust Employee’s total compensation from year to year, but during the Employment Period the Employer may not decrease Employee’s Base Salary below $189,625; provided further, however, that periodic increases in Base Salary, once granted, shall not be subject to revocation. The annual review of Employee’s total compensation will consider, among other things, changes in the cost of living, Employee’s own performance and Bancorp’s consolidated performance.
Base Salary. Throughout the Strategic Advisory Period, the Company will pay to Executive the rate of base salary in effect immediately prior to the Strategic Advisory Period. Such salary shall be payable in accordance with the Company’s customary payroll practices applicable to executives.
Base Salary. As of [[Organization A:Organization]] Effective Date, [[Organization A:Organization]] agrees to pay Employee an annualized base salary of $345,000.00 ([[Organization A:Organization]] “Base Salary”), which Base Salary will be earned by Employee on a pro rata basis as Employee performs services and which shall be paid according to [[Organization A:Organization]]’s normal payroll practices. Employee shall be eligible for a merit-based increase of [[Organization A:Organization]] Base Salary payable under this Section 4.1 on or about July 1, 2018 and on or about July 1 of each year during [[Organization A:Organization]] Term thereafter, with any adjustment to Employee’s Base Salary subject to approval by [[Organization A:Organization]] Board.
Base Salary. Your annualized gross salary will be $170,000 ($7,083.33 bi-monthly gross). We are paid on the 15th and last day of the month.
Base Salary. In consideration of the services to be rendered under this Agreement, the Company shall pay Executive a salary at the rate of Zero Dollars ($0) per year (Base Salary). Upon completion of an initial public offering of HoldCos shares under an effective registration statement filed under the Securities Act of 1933, as amended, Executives Base Salary shall be Two Hundred Forty Thousand Dollars ($240,000) per year. The Base Salary shall be paid in accordance with the Companys regularly established payroll practice. Executives Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly-situated employees and may be adjusted in the sole discretion of the Company.
Base Salary. Your base salary (the Base Salary) shall be at an annualized rate of four-hundred-ten thousand Dollars ($410,000) and shall be paid in accordance with the Companys regular payroll practices in effect from time to time.
Base Salary. Notwithstanding anything to the contrary contained in the first sentence of [Section 5(a)] of the Original Agreement, effective as of January 1, 2016 (the Effective Date), the Company shall pay to the Executive a Base Salary of no less than the rate of $415,000 per calendar year, subject to withholding, and prorated for any partial year.
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