Annual Base Salary. The Executive shall be paid an annual base salary ("Annual Base Salary"), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice, at least equal to the annual rate of base salary being paid to the Executive by the Company and its Affiliated Companies as of the Effective Date. The Annual Base Salary shall be reviewed at least annually and shall be increased substantially consistent with increases in base salary generally awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refer to Annual Base Salary as so increased.
Annual Base Salary. The Executive shall be paid an annual base salary ("Annual Base Salary"), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice, at least equal to the annual rate of base salary being paid to the Executive by the Company and its Affiliated Companies as of the Effective Date. The Annual Base Salary shall be reviewed at least annually and shall be increased substantially consistent with increases in base salary generally awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refer to Annual Base Salary as so increased.
Annual Base Salary. TheDuring the Employment Period, the Executive shall be paidreceive an annual base salary ("Annual Base Salary"), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice,which shall be paid at a monthly rate, at least equal to twelve times the annual rate ofhighest monthly base salary being paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its Affiliated Companies asaffiliated companies in respect of the 12‑month period immediately preceding the month in which the Effective Date. TheDate occurs. During the Employment Period, the Annual Base Salary shall be reviewed no more than 12 months after the last salary increase awarded to the Executive prior to the Effective Date and thereafter at least annually and shall be first increased substantially consistent with increasesno more than 12 months after the last salary increase awarded to the Executive prior to the Effective Date and thereafter at least annually by the higher of # the average increase (excluding promotional increases) in base salary awarded to the Executive for each of the three full fiscal years (annualized in the case of any fiscal year consisting of less than twelve full months or during which the Executive was employed for less than twelve months) prior to the Effective Date, and # the percentage increase (excluding promotional increases) in base salary generally awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less thanaffiliated companies for the increases in the U.S. Departmentyear of Labor Consumer Price Index - U.S. City Average Index.determination. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "AnnualAnnual Base Salary"Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased. As used in this Agreement, the term "affiliated companies" shall include any company controlled by, controlling or under common control with the Company.
Annual Base Salary. TheDuring the Employment Period, the Executive shall be paidreceive an annual base salary ("Annual(the “Annual Base Salary"Salary”), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice, at an annual rate at least equal to 12 times the annual rate ofhighest monthly base salary being paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and itsor the applicable Affiliated Companies asEntity in respect of the one-year period immediately preceding the month in which the Effective Date.Date occurs. The Annual Base Salary shall be paid at such intervals as the Company or the applicable Affiliated Entity pays executive salaries generally. During the Employment Period, the Annual Base Salary shall be reviewed at least annually and shall be increased substantially consistent with increases in baseannually, beginning no more than 12 months after the last salary generallyincrease awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less thanExecutive prior to the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index.Effective Date. Any increase in the Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. The Annual Base Salary shall not be reduced after any such increase and the term "Annual“Annual Base Salary" as utilized in this AgreementSalary” shall refer to the Annual Base Salary as so increased.
Annual Base Salary. TheDuring the Employment Period, the Executive shall be paidreceive an annual base salary ("(“Annual Base Salary"Salary”), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice,which shall be paid at a monthly rate, at least equal to twelve times the annual rate ofhighest monthly base salary being paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its Affiliated Companies asaffiliated companies in respect of the Effective Date. Thetwelve-month period immediately preceding the month in which the Change of Control Date occurs. During the Employment Period, the Annual Base Salary shall be reviewed no more than 12 months after the last salary increase awarded to the Executive prior to the Change of Control Date and thereafter at least annually and shall be increased substantially consistent with increases in base salary generally awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index.annually. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "AnnualAnnual Base Salary"Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased. As used in this Agreement, the term “affiliated companies” shall include any company controlled by, controlling or under common control with the Company.
Annual Base Salary. The ExecutiveDuring the Term of Employment, the Company shall be paid an annual base salary ("Annual Base Salary"), in equal biweekly installments or otherwisepay to Executive, in accordance with the Company’s then-current payroll practice, at least equalPolicies and practices in effect from time to thetime, an annual rate of base salary being paid to the Executive by the Company and its Affiliated Companies as of the Effective Date. The Annual(the “Annual Base Salary shall be reviewed at least annually and shall be increased substantially consistent with increases in base salary generally awarded to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refer to Annual Base Salary as so increased. Salary”) of:
Annual Base Salary. The Executive shall be paid an annual base salary ("Annualreceive a yearly Base Salary"), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice, at least equal to the annual rate of base salary being paid to the Executive by the Company and its Affiliated CompaniesSalary under this Agreement established as of the Effective Date. The AnnualExecutive’s Base Salary shallwill be paid by in substantially equal bi-weekly installments. The Base Salary will be reviewed at least annually by the CEO in coordination with the Compensation Committee and shallupon such review the Base Salary may be increased substantially consistentby the CEO in coordination with increasesthe Compensation Committee (but subject to any applicable 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 salary generally awarded to other peersalaries of executives ofat the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligationExecutive’s level affecting such executives equally. All amounts payable to the Executive under this Agreement. Annual Base Salary shall notAgreement will be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refersubject to Annual Base Salary as so increased. all required withholding by .
Annual Base Salary. TheEmployer shall pay to Executive shall be paid an annual base salary ("Annual Basefor all services to be rendered by Executive under this Agreement of $463,500 (the "Base Salary"), in equal biweekly installments or otherwise in accordance with the Company’s then-current payroll practice, at least equal to the annual rate of base salary being paid to the Executive by the Company and its Affiliated Companies as of the Effective Date. The Annualwhich Base Salary shall be reviewed at least annuallypaid in accordance with Employer's normal payroll schedule, procedures and policies (which schedule, procedures and policies may be modified from time to time) and subject to applicable deductions as required by law. Employer shall be increased substantially consistent with increasesreview Executive's salary on an annual basis and may, in base salary generally awardedits discretion, consider and declare from time to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than thetime increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary that it pays Executive. Any and all increases in Executive's salary pursuant to this section shall not servecause the level of Base Salary to limit or reduce any other obligation tobe increased by the Executive underamount of each such increase for purposes of this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refer to AnnualThe increased level of Base Salary as so increased. provided in this section shall become the level of Base Salary for the remainder of the term of this Agreement unless there is a further increase in Base Salary as provided herein.
Annual Base Salary. The ExecutiveDuring the Employment Period, the Company shall be paidpay the Executive, as compensation for the performance of the Executive’s duties and obligations under this Agreement, an annual base salary ("Annual Base Salary"),of $340,000, payable in equal biweekly installments or otherwise in accordancea manner that is consistent with the Company’s then-currentusual payroll practice, at least equal to the annual rate ofpractices for senior executives. The Executive’s base salary being paid to the Executive by the Company and its Affiliated Companies as of the Effective Date. The Annual Base Salary shall be reviewed at least annually by each of the Compensation Committee of the Board or any successor to such committee (the “Committee”) and the Board or for adjustment. Such adjustment, if any, shall be increased substantially consistent with increases inwithin the sole discretion of the Board. The annual base salary generally awardedin effect at any given time is referred to other peer executives of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary"herein as utilized in this Agreement shall refer to Annual Base Salary as so increased. “Base Salary.”
Annual Base Salary. TheFor services rendered by the Executive under this Agreement during the Employment Period, the Company shall be paidpay to the Executive an annual base salary ("Annual (“Base Salary"Salary”), in equal biweekly installmentsevenly paid twice a month or otherwise in accordance with the Company’s then-current payroll practice, at least equal to the annual rateon such other schedule as salaried employees of base salary being paid to the Executive by the Company are generally and its Affiliated Companiesregularly compensated. Effective as of January 1, 2023, through the Effective Date. The Annualterm of this Agreement, the Base Salary shall be reviewed at least annually and shall be increased substantially consistent with increases in base salary generally awarded to other peer executivesthe rate of the Company and its Affiliated Companies. Such increases shall in no event be less than the increases in the U.S. Department of Labor Consumer Price Index - U.S. City Average Index. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term "Annual Base Salary" as utilized in this Agreement shall refer to Annual Base Salary as so increased. $650,000 per year.
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