Example ContractsClausesBase Compensation
Base Compensation
Base Compensation contract clause examples

BASE COMPENSATION. During your employment with the Company, the Company will pay you a base salary of $330,750 per year (the "Base Salary"), less payroll deductions and all required withholdings, payable in installments in accordance with the Company's normal payroll practices (but in no event less often than monthly) and prorated for any partial pay period of employment. Your Base Salary may be subject to adjustment pursuant to the Company's policies as in effect from time to time.

Base Compensation. As regular compensation for Employee's services hereunder, Bank shall pay Employee an annual base salary of Two Hundred Twenty Thousand Dollars ($220,000.00) during each year of the term hereof, payable in equal installments not less frequently than bi-weekly (herein called "Base Compensation").

Base Compensation. Each Eligible Employee may defer a portion of Base Compensation for such upcoming Plan Year by executing an Election deferring such Base Compensation during the Election Period.

Base Compensation. Effective January 1, 2018, Executive’s base salary shall be $450,000, payable in accordance with the Company’s normal payroll practices. Effective January 1, 2019, Executive’s base salary will be increased consistent with increases awarded generally for other senior management. In this Agreement, “Base Salary” shall be as determined in accordance with this Paragraph 3(a).

Base Compensation. For all services rendered by Executive under this Agreement, the Bank shall pay Executive a base salary of Two Hundred Seventy Five Thousand Dollars ($275,000) per annum, payable in equal installments in accordance with the Bank’s normal payroll practices, effective as of the Effective Date (the “Base Salary”). The amount of the Base Salary may be reviewed at any time and from time to time by the Supervisor and shall be reviewed at least annually, but shall not be reduced. No such change upward shall in any way abrogate, alter, terminate or otherwise affect the other terms of this Agreement.

Base Compensation. “Base Compensation” means the Employee’s # annual base salary paid by the Company for services performed as in effect on the Termination Date; and # target cash bonus and/or other forms of cash incentive compensation for the fiscal year in which the Change of Control is effective.

Base Compensation. [[Altimmune:Organization]] shall pay Harris an initial annual base salary of Three Hundred-Seventy Thousand Dollars ($370,000) per annum (“Base Salary”), payable in substantially equal installments in accordance with [[Altimmune:Organization]]’s normal payroll practices. Harris’s compensation shall be evaluated and adjusted by the Compensation Committee of the Board (the “Committee”) on at least an annual basis, provided that in no event shall Harris’s Base Salary be reduced while this Agreement is in effect.

Base Compensation. As regular compensation for Employee's services hereunder, Bank shall pay Employee an annual base salary of One Hundred Fifty Thousand Dollars ($150,000.00) during each year of the term hereof, payable in equal installments not less frequently than bi-weekly (herein called "Base Compensation").

Base Compensation. As regular compensation for Executive Vice President's services hereunder, Bank shall pay Executive Vice President an annual base salary of Three Hundred Sixty Five Thousand Dollars and 00/100 ($365,000.00) during each year of the term hereof, payable in equal installments not less frequently than bi-weekly (herein called "Base Compensation").

Base Compensation. As regular compensation for Chairman of the Board’s services hereunder, Bank shall pay Chairman of the Board an annual base salary of Three Hundred Thousand Dollars and 00/100 ($300,000.00) during each year of the term hereof, payable in equal installments not less frequently than bi-weekly (herein called "Base Compensation").

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