SECTION # “Monthly Base Salary” means a Participant’s Annual Base Salary, divided by 12.
the payment of salary accrued under [Section 3(a)] [Annual Salary] to the date of the termination plus continued monthly payment of salary under [Section 3(a)] [Annual Salary] through the date ("Deemed Termination Date") that is the earlier of the first anniversary of the termination or the Expiration Date;
Base Salary. Commencing on the Effective Date, the Company will pay Executive an annual salary of $775,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as "Base Salary"). The Base Salary will be paid periodically in accordance with the Company's normal payroll practices and be subject to standard and customary withholdings.
“Annual Base Salary” means the annual rate of base salary payable to a Participant for services performed for an Employer, as in effect immediately prior to the Participant’s Date of Termination.
NBU Salary Paid/Exempt – Annual Base Salary as of December 31st of the plan year
“Base Salary” means the Executive’s annual base salary as from time to time in effect.
Your annual base salary will be $275,000.
Cash Compensation. Your annual salary shall be $325,000.00, which will be payable bi-weekly in accordance with the Companys regular payroll schedule. Your salary will be reviewed from time-to-time, generally on an annual basis.
Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary"), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in respect of the 12‑month period immediately preceding the month in which the Effective 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 Effective Date and thereafter at least annually and shall be first increased no 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 peer executives of the Company and its affiliated companies for the year of 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 Annual Base 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.
Base Salary. The Company shall pay Employee an annual salary of $1,100,000 (Base Salary), payable in accordance with the normal payroll practices of the Company. Employees Base Salary will be reviewed and be subject to adjustment by the Board of Directors or its Compensation Committee at their discretion each fiscal year in accordance with the Companys annual review policy, commencing with the fiscal year 2017.
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