Base Salary and MIP Award. payment of an amount equal to one (1) times the sum of Executive’s Base Salary (at the rate then in effect) plus MIP Target, which shall be payable in twelve (12) equal monthly payments commencing with the first payroll period following the date the Release becomes legally effective; and
Base Salary. During the Employment Term, the Company shall pay to the Executive a salary of per annum, payable consistent with the Company’s standard payroll practices then in effect (“Base Salary”). Such Base Salary shall be reviewed by the Compensation Committee of the Board (hereinafter the “Compensation Committee”) at least annually, with any changes taking into account, among other factors, Company and individual performance.
Base Salary. Commencing on the Effective Date, your initial base salary as President and CEO of the Company will be .
Base Salary. Executive shall be paid a base salary of per annum, with such increases thereafter as may be determined by Employer (the “Base Salary”).
Base Salary. As compensation for the services contemplated herein, Employee shall receive a base salary of per annum for the first year of this Agreement (“Base Salary”), to be paid in accordance with Company’s then-current payroll practices and policies, which Base Salary shall be increased to per annum effective on the first anniversary of this Agreement, and to per annum effective on the second anniversary of this Agreement. The Company shall deduct and withhold all necessary social security and withholding taxes and any other similar sums required by law from any compensation paid to Employee.
Base Salary. The Company shall not be obligated to pay Executive a base salary.
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. 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. Your annual base salary will be at a rate of .
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.
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