Salary. The amount of your gross annual salary will be increased to EUR 400,000, including an 8% holiday allowance, and will be paid in twelve installments at the end of each month in accordance with Booking.com’s regular payroll practices (the “Base Salary”). The Base Salary will be subject to annual review by the Compensation Committee of the Board of Directors of BHI (the “Compensation Committee”) and may be increased from time to time.

Salary. During the Term of this Agreement, the Employee shall be paid an initial base salary (the “Base Salary”), payable bi-weekly, at an annualized rate of One Hundred Eighty Thousand Dollars ($180,000). The amount of the Base Salary may be increased from time to time at the sole discretion of the Board of Directors. Bonus: The Company shall pay Employee a bonus (the “Bonus”) as follows: # 3% of any net revenues. (ii) the Bonus may be paid, at the election of Employee, in cash or shares of Common Stock (calculated at the fair market value of such shares as determined by the Board). Cash bonus will be paid quarterly.

Salary. During the period from the Effective Date through the end of the Employment Term, the Company shall pay Employee an annual base salary, before deducting all applicable withholdings, of $500,000 per year, payable at the time and in the manner dictated by the Company’s standard payroll policies. Such minimum annual base salary may be periodically reviewed and increased (but not decreased without Employee's express written consent except in the case of a salary decrease for all executive officers of the Company) at the discretion of the CEO and/or the Company Board or a committee thereof (such annual base salary, including any increases, the "Annual Base Salary").

Salary. The Company will pay you a salary at the rate of $325,000 per year, payable in accordance with the Company’s standard payroll schedule, prorated in accordance with time spent working and subject to applicable deductions and withholdings. This salary will be subject to periodic review and adjustments at the Company’s discretion.

Salary. For services rendered hereunder, the Company shall pay Employee a base salary at the per annum rate of $325,000 less standard payroll deductions and withholdings, and payable in accordance with the Company’s regular payroll schedule. Employee’s base salary (as well as his eligibility for incentive equity grants) shall be subject to annual review and his base salary may, at the discretion of the Company’s Board of Directors, be increased from time to time.

Salary. During the Employment Period, Executive shall be paid a base salary at the rate of $184,000 per year, payable bi-weekly at such times as salaries are paid to other executive officers of Penns Woods. The Board of Directors of Penns Woods, or applicable Boad Committee, shall review Executive’s base salary annually and may, from time to time, in its discretion increase Executive’s base salary. Any and all such increases in base salary shall be deemed to constitute amendments to this subsection to reflect the increased amounts, effective as of the dates established for such increases by appropriate corporate action.

Salary. Loggenberg will be paid a base salary of THREE HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($350,000.00) per year, payable in installments according to the [[Organization B:Organization]]'s regular payroll schedule. The base salary shall be adjusted in January following each year of employment at the discretion of the board of directors, with minimum salary increase on an annual basis determined by the same formula and factors the [[Organization B:Organization]] and [[Organization A:Organization]] use for other upper management positions.

Salary. For all services rendered by Executive under this Agreement Employer shall pay Executive a salary at the rate of $1,150,000.00 per year. Executive’s salary shall be payable bi-weekly in accordance with Employer’s usual practice for its officers. Performance reviews shall be conducted every calendar year. Salary increases shall be considered at each year end and shall be awarded at the discretion of the Board of Directors of Employer.

Salary. During the Employment Term, [[Organization A:Organization]] shall pay you a base salary at the annual rate of Three Million Five Hundred Thousand Dollars ($3,500,000) per annum. The Compensation Committee of the Board (the “Compensation Committee”) will review your salary at least annually and may increase (but not decrease, including from a level to which it was increased following the Start Date) the base salary. The result of any such annual review shall be reported to you by the Compensation Committee promptly after it occurs. The amount of annual base salary actually paid to you will be reduced to the extent you elect to defer such salary under the terms of any deferred compensation or savings plan or arrangement maintained or established by [[Organization A:Organization]]. Your annual base salary payable hereunder, without reduction for any amounts deferred as described in the preceding sentence, is referred to herein as the “Salary.” [[Organization A:Organization]] shall pay the portion of the Salary not deferred at your election in accordance with its generally applicable payroll practices for senior executives of [[Organization A:Organization]], but not less frequently than in equal monthly installments.

Tier 1 Employees shall receive payment equal to 200% of the sum of # the Tier 1 Employee’s Annual Base Salary, plus # the Tier 1 Employee’s Target Annual Incentive Payment (with both Annual Base Salary and Target Annual Incentive Payment being determined without regard to any decrease in such Annual Base Salary that would constitute a basis for a Good Reason Resignation).