Example ContractsClausesbase salary and bonusVariants
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The Company agrees to pay the Executive a Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum during the Term, subject to increase in the discretion of the Board. Payment of the Base Salary will be made in accordance with the Company’s regular payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executive shall be eligible for an Incentive Compensation Plan based on Company Performance as approved by the Board of Directors.

The Company agrees to pay the Executive a Base Salary of TWO HUNDRED THIRTY FIVEFIFTY THOUSAND AND 00/100 DOLLARS ($235,250,000.00) per annum during the Term, subject to increase in the discretion of the Board. Payment of the Base Salary will be made in accordance with the Company’s regular payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executive shall be eligible for an Incentive Compensation Plan based on Company Performance as approved by the Board of Directors.

Base Salary. The Company agrees to pay theto Executive a base salary (“Base SalarySalary”) at the annual rate of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,$475,000.00) per annum during the Term, subject to increase in the discretion00. The Compensation Committee of the Board. PaymentBoard of Directors of the Company may determine in its sole discretion to increase, but not decrease the Base Salary. Payments of the Base Salary willshall be madepayable in equal installments in accordance with the Company’s regularstandard payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executive shall be eligible for an Incentive Compensation Plan based on Company Performance as approved by the Board of Directors.practices.

TheDuring the Term of Employment, as compensation for the employment services to be rendered by Executive hereunder, the Company agrees to pay theto Executive, and Executive a Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum during the Term, subjectagrees to increaseaccept, payable in the discretion of the Board. Payment of the Base Salary will be madeequal bi-weekly installments in accordance with Company practice, an annual base salary of Four Hundred Thousand Dollars and 00/100 Cents ($400,000.00) (the “Base Salary”) as of the Company’s regular payroll practices, as they exist from time to time, less any deductions or withholdings required by law. ExecutiveEffective Date. The Base Salary shall be eligiblereviewed at least annually to ascertain whether, in the judgment of the Company, such Base Salary should be adjusted. If so, the adjusted Base Salary shall be adjusted for an Incentive Compensation Plan based on Company Performance as approved by the Boardall purposes of Directors.this Agreement.

TheBase Salary. During the Employment Term, the Company agreesshall pay to pay the Executive a Base Salarysalary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00)$675,000 per annum during the Term, subject to increase in the discretion of the Board. Payment of the Base Salary will be made in accordanceannum, payable consistent with the Company’s regularstandard payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executivepractices then in effect (“Base Salary”). Such Base Salary shall be eligible for an Incentive Compensation Plan based on Company Performance as approvedreviewed by the Compensation Committee of the Board of Directors.(hereinafter the “Compensation Committee”) at least annually, with any changes taking into account, among other factors, Company and individual performance.

Base Salary. The Company agrees to paybase salary for the Executive ashall be Four Hundred Twelve Thousand dollars per year, or such other rate as the Board may designate from time to time (the “Base Salary”). The Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum during the Term, subject to increaseshall be payable in the discretion of the Board. Payment of the Base Salary will be maderegular installments in accordance with the Company’s regulargeneral payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executivepractices and shall be eligiblesubject to withholdings for an Incentive Compensation Planapplicable taxes and other legally-required or previously-agreed payroll deductions. The Executive’s performance shall be evaluated annually in March of each year. Any future salary increases will be based on Company Performance asthe Executive’s individual performance and will be approved by the Board of Directors.in its sole discretion.

The Company agrees to pay the Executive a Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum duringSalary. During the Term, subjectExecutive shall be entitled to increase in the discretiona base salary of the Board. Payment of the $25,000.00 per month (which annualizes to $300,000.00 per year), pro-rated for any partial month, less applicable tax and other withholdings (“Base Salary willSalary”), which shall be madepaid in accordance with the Company’s regularnormal payroll practices, as they exist from time to time, less any deductions or withholdings required bypractices and applicable state and federal law. Executive shallThe Base Salary may be eligible for an Incentive Compensation Plan based on Company Performance as approved byincreased but not decreased in the Boardsole discretion of Directors.the Board.

The Company agrees to pay the Executive a Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum during the Term, subject to increase in the discretion of the Board. Payment of the Base Salary will be made in accordance with the Company’s regular payroll practices, as they exist from time to time, less any deductions or withholdings required by law.Salary. Executive shall be eligible for an Incentive Compensation Plan based on Company Performancepaid a base salary of Two Hundred Fifty Thousand Dollars ($250,000) per annum, with such increases thereafter as approvedmay be determined by the Board of Directors.Employer (the “Base Salary”).

The Company agrees to payBase Salary. During the Executive aEmployment Period, Executive’s base salary shall be four hundred thousand dollars ($400,000) per year (the “Base Salary”). The Base Salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00) per annum duringmay be adjusted in the Term, subject to increase in thesole discretion of the Board. Payment of theThe Base Salary willshall be madepayable in accordancea manner that is consistent with the Company’s regularusual payroll practices, as they exist from time to time,practices for senior executives but no less any deductions or withholdings required by law. Executivefrequently than monthly. The Company shall be eligible for an Incentive Compensation Plan based on Company Performanceobligated to pay Executive any earned but unpaid Base Salary in the event of a separation as approved by the Board of Directors.set forth in this Agreement.

The Company agrees to payBase Salary. As compensation for his services pursuant hereto, the Executive shall be paid a Base Salarybase salary of TWO HUNDRED THIRTY FIVE THOUSAND AND 00/100 DOLLARS ($235,000.00)$200,000 per annumyear during the Term, subject to increasehis employment. This amount shall be payable in the discretion of the Board. Payment of the Base Salary will be madeequal periodic installments in accordance with the Company’s regularusual payroll practices, as they exist from time to time, less any deductions or withholdings required by law. Executive shall be eligible for an Incentive Compensation Plan based on Company Performance as approved bypractices of the Board of Directors.Company.

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