Example ContractsClausesBase Salary and Bonus
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Base Salary. You will receive an annual base salary of ("Base Salary"), payable by the Company in accordance with its normal payroll practices.

Base Salary. The Company shall pay the Employee a fixed salary (“Base Salary”) of per year, paid at a rate of per month, bi-monthly. The Board of Directors shall review the Employee’s Base Salary from time to time with a view to increasing such Base Salary if, in the judgment of the Board of Directors, the earnings of the Company or the services of the Employee merit such an increase. The Base Salary shall be payable in accordance with the customary payroll practices of the Company. In the event the Company does not have sufficient cash on hand to pay such monthly Base Salary, Employee agrees to voluntarily defer such payment(s) until such time as sufficient cash is available to make such payments. Such deferred compensation, if any, shall be a priority payment when cash is sufficient to make such payment(s). The Employee may use his discretion, in conjunction with advice and counsel from the Company’s Chief Financial Officer, as to what constitutes cash sufficiency from time-to-time. If there is disagreement with the CFO’s position as to what constitutes cash sufficiency, the Employee shall request the Board of Directors to make such determination.

Base Salary. During the Employment Period, Executive’s base salary shall be per year (the “Base Salary”). The Base Salary may be adjusted in the sole discretion of the Board. The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives but no less frequently than monthly. The Company shall be obligated to pay Executive any earned but unpaid Base Salary in the event of a separation as set forth in this Agreement.

Base Salary. An annual base salary equal to the annual base salary in effect as of the Change in Control. The annual salary shall be payable in installments in accordance with the Company’s usual payroll method.

Base Salary. You will be paid a cash salary subject to applicable withholding ₹axes, which is equivalent to on an annualized basis. Your salary will be payable pursuant to the Company’s regular payroll policy (or in the same manner as paid to other employees of the Company), which is currently two payments per month, one payment on the 20th of every month and one payment on the 5th of every month, although such payment schedule is subject to change in the Company’s discretion. Base Salary will not be decreased without your prior consent.

Base Salary. During the Protected Period, the Executive will receive a Base Salary, paid at least monthly, which initially will be equal to 12 times the highest monthly base salary that was payable to the Executive (for avoidance of doubt, including any base salary which has been earned but deferred by the Executive) by the Company during any of the 12 calendar months preceding the month in which the Change in Control occurs. During the Protected Period, the Base Salary will be reviewed whenever the Company undertakes a salary review of the Executive’s peer officers, but no less than once annually. Any increase in Base Salary will not serve to limit or reduce any other obligation to the Executive under this Agreement. Base Salary may not be reduced during the Protected Period, regardless of whether the Base Salary has previously been increased.

Base Salary. Employee’s initial annual base salary under this Agreement shall be , subject to required and authorized deductions and withholdings. This base salary is subject to upward or downward adjustment by the recommendations of the CEO, Chairman of the Board and Vice Chairman of the Board, the Compensation Committee and the final approval of the Board. This Compensation shall be reviewed at least annually. The Company shall pay the base salary to Employee in accordance with its standard payroll practices. Employee’s base salary may be subject to review and adjustment by the Company from time to time.

Base Salary. Your base salary will be calculated based upon a rate of per year and will be payable on a bi-weekly basis for so long as you remain an employee of Proteostasis. Your base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”).

Base Salary.Base Salary” means the salary of record paid to Executive as annual salary, excluding amounts received under incentive or other bonus plans, whether or not deferred.

Base Salary. Executive shall be paid a base salary of annually ("Base Salary"), subject to applicable federal, state, and local withholding, such Base Salary to be paid to Executive in the same manner and on the same payroll schedule in which all Executives receive payment.. Any increases in Executive's Base Salary for years beyond the first year of Executive's employment shall be in the sole discretion of .

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