Base Salary. The Bank shall pay the Executive an annual base salary at the rate of payable in substantially equal installments in accordance with the Bank’s customary payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’s base salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Base Salary. The Bank shall pay to the Executive an annual base salary at the rate of payable in substantially equal semi-monthly installments or at such other intervals as shall be agreed upon by the parties. This compensation shall be subject to any required or authorized deductions. The Executive's annual base salary may be adjusted from time to time in accordance with the Bank’normal business practices of the Bank, as determined by the President / CEO and, if so adjusted, the obligation of the Bank hereunder to pay the Executive's customary payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’sannual base salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’sthereafter relate to such adjusted annual base salary during the Term. In the absencesalary. Compensation of action by the Committee or the Board, the Executive shall continue to receive anby annual base salary atpayments shall not prevent the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by actionExecutive from participating in any other compensation or benefit plan of the CommitteeBank in which the Executive is entitled to participate, and participation in any such other compensation or benefit plan shall not in any way limit or reduce the Board under this [Section 3(a)]. The Executive’obligation of the Bank to pay the Executive's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”salary hereunder.
Base Salary. The Bank shallDuring the Period of Employment, the Company will pay the Executive an annuala base salary at the rate of payable in substantially equal installments(the “Base Salary”), which shall be paid in accordance with the Bank’Company’s customaryregular payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’s base salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referredtime. Beginning , the Executive’s Base Salary shall be at an annualized rate of . (The additional Base Salary due to the Executive as “Base Salary.”a result of applying such rate of Base Salary to any payroll periods completed prior to the Effective Date will be paid promptly after the Effective Date.) The Board (or a committee thereof) will review the Executive’s rate of Base Salary on a periodic basis (annually, commencing with fiscal year ) and may, in its sole discretion, increase, but shall not decrease, the rate then in effect.
Base Salary. Executive’s annual rate of base salary shall be (the “Base Salary”). The BankCompany shall pay the Executive an annual base salary at the rate of payableBase Salary in substantially equalperiodic installments in accordance with the Bank’s customaryits payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any).practices. The Executive’s base salaryBase Salary shall be reviewed at least annually by the Committee. The CommitteeBoard, or a committee thereof, and may recommend that the Board increase, butbe increased (but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]decreased). The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Base Salary. The BankDuring the Employment Period, the Company shall pay the ExecutiveExecutive, as compensation for the performance of the Executive’s duties and obligations under this Agreement, an annual base salary at the rate of , payable in substantially equal installments in accordancea manner that is consistent with the Bank’Company’s customaryusual payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any).for senior executives. The Executive’s base salary shall be reviewed at least annually by each of the Committee. TheCompensation Committee may recommend thatof the Board increase, but not decreaseor any successor to such committee (the “Committee”) and the Executive’s base salary duringBoard or for adjustment. Such adjustment, if any, shall be within the Term. Insole discretion of the absence of action by the Committee or the Board, the Executive shall continue to receive anBoard. The annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect fromat any given time to time, is hereinafter referred to herein as “Base Salary.”
Base Salary. The BankEmployee shall pay the Executive an annualbe paid a base salary at the rate of () per annum (“Base Salary”), less such deductions for withholding taxes required under applicable law or as otherwise authorized by the Executive. The Base Salary shall accrue from and after the Effective Date and shall be payable during the Term in substantially equal periodic installments in accordance with the Bank’Company’s customary payroll practices regarding thethen current general salary payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any).policies. The Executive’s base salaryBase Salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”time by the Board and may be increased based upon the evaluation of the Executive’s performance and the compensation policies of the Company in effect at the time of each such review.
Base Salary. The Bank shall payDuring the Executive an annualEmployment Period, the Executive’s base salary at the rate ofshall be (such annual salary, as it may be adjusted upward by the Board in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in substantially equalregular installments in accordance with the Bank’Company’s customarygeneral payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’s base salarypractices, shall be reviewed at least annually by the Committee. The Committeesubject to customary withholding and may recommend that the Board increase, butbe increased (but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salarydecreased) at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by actiondiscretion of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”Board.
Base Salary. The BankCompany shall pay the Executive an annuala base salary (the “Base Salary”) at the annual rate of . The Base Salary shall be payable in substantially equal periodic installments in accordance with the Bank’Company’s customary payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’s base salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referredtime. Company shall deduct from each such installment all amounts required to as “Base Salary.”be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Base Salary will be reviewed annually and may be increased.
Base Salary. The Bank shall pay the Executive an annualExecutive’s base salary (the “Base Salary”) will be paid at the rate of payablemonthly ( annualized) during the Term. Executive’s Base Salary may be increased by the Compensation Committee and/or Board in substantially equal installmentstheir sole discretion, but shall not be decreased without Executive’s consent. Executive’s Base Salary will be paid at periodic intervals in accordance with the Bank’’s customarynormal payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any). The Executive’s base salary shall be reviewed at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”for salaried employees.
Base Salary. The BankDuring the Employment Term, the Company shall pay to the Executive an annual basea salary at the rate of per annum, payable in substantially equal installments in accordanceconsistent with the Bank’Company’s customarystandard payroll practices regarding the payment of base salary to executives, but no less frequently than monthly (except to the extent the Executive has properly deferred such base salary pursuant to a Bank deferred compensation plan or arrangement, if any)then in effect (“Base Salary”). The Executive’s base salarySuch Base Salary shall be reviewed by the Compensation Committee of the Board (hereinafter the “Compensation Committee”) at least annually by the Committee. The Committee may recommend that the Board increase, but not decrease the Executive’s base salary during the Term. In the absence of action by the Committee or the Board, the Executive shall continue to receive an annual base salary at the rate specified above on the Effective Date or, if another rate has been established under this [Section 3(a)], the rate last properly established by action of the Committee or the Board under this [Section 3(a)]. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”annually, with any changes taking into account, among other factors, Company and individual performance.
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