Annual Salary Account. An Account to record the aggregate amount of a Participant’s Salary deferred pursuant to the provisions of Article IV of the Plan in respect of a Plan Year, as from time to time adjusted to reflect any and all Equivalents attributable to such Deferred Salary Amount.
Annual Salary. CEO shall be paid by USPB a base annual salary of for each Current Period employment year , 2020, and 2021 during the term of CEO's employment under this Agreement, pro-rated for partial years, payable on USPB's normal payroll dates.
Annual Salary. The Participant’s regular annual base salary immediately prior to his termination of employment, including compensation converted to other benefits under a flexible pay arrangement maintained by the Company or any Subsidiary or deferred pursuant to a written plan or agreement with the Company or any Subsidiary, but excluding overtime pay, allowances, premium pay, compensation paid or payable under any Company bonus or incentive plan of the Company or any Subsidiary or any similar payment.
Annual Salary. During the Term, the Company shall pay Executive a base salary at the rate of $330,000 per annum, in accordance with the customary payroll practices of the Company applicable to senior executives, but not less frequently than monthly. The Compensation Committee (the “Compensation Committee”) of the Board shall review Executive’s base salary during the Term and may increase such amount as it may deem advisable (such salary, as the same may be increased, the “Annual Salary”). The Annual Salary shall be prorated for any partial calendar year during the Term.
Annual Salary. Executive’s Annual Salary shall be , as it may be increased by the Board and set forth in any exhibit delivered to Executive subsequent to the date of this Addendum.
Salary. Employee shall be paid her current salary through the Separation Date. Employee shall receive no salary after the Separation Date.
Salary. The Company shall pay you base salary (as may be increased, “Salary”) at a rate of per year for all of your services as an employee. Your Salary shall be subject to merit reviews, on or about an annual basis, while you are actively employed during the Contract Period and may at that time, be increased but not decreased. Your Salary, less deductions and income and payroll tax withholding as may be required under applicable law, shall be payable in accordance with the Company’s ordinary payroll policy, but no less frequently than monthly.
Salary. From and after the Promotion Date, Employee shall earn an annual base salary of US (“Salary”), less all applicable taxes and withholdings as required by law, and such other payroll deductions as are determined by Company policy or as Employee may approve from time-to-time, which shall be paid consistent with the Company’s ordinary and regular payroll practices and in accordance with applicable law. This position is classified as exempt under federal and state wage and hour laws, meaning that Employee will not be eligible for overtime pay. The Company reserves the right to modify Employee’s Salary in its sole discretion any time and in accordance with applicable law.
Salary. The Executive shall be entitled to receive for all services rendered by the Executive in any and all capacities in connection with the Executives employment hereunder a salary (as it may be adjusted from time to time, Salary) at the rate of per annum, payable in equal installments in accordance with the prevailing practices of the Company (but not less frequently than monthly). In addition, an allowance shall be paid for living expenses incurred during periods when Executive is absent from his permanent residence (Denver, Colorado) on Company business. This allowance is estimated at per calendar month inclusive of housing rental amounts, and any amount reimbursed in excess of that amount must be approved, in writing, by the Compensation Committee. Additionally, a maximum
Salary. The Base Salary is annualized (the “Base Salary”), payable in installments in accordance with the Company’s regular payroll schedule.
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