Base Salary. The Company shall pay CFO a base salary at the annualized rate of $365,000 (the Base Salary), less payroll deductions and all required withholdings, payable in regular periodic installments in accordance with the Companys normal payroll practices. The Base Salary shall be prorated for any partial year of employment on the basis of a 365-day fiscal year.
Base Salary: The Company will pay the CFO an annual base salary of $225,000, payable in installments in the Company’s regular payroll periods.
“(a) Base Salary. The Company shall pay to Employee an annual base salary $325,000.00 (the “Base Salary”), less such deductions as are required by law or that Employee may elect in accordance with Company policy and procedure, payable in equal periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than monthly. The Base Salary shall be prorated for any partial year of service as Chief Financial Officer on the basis of a 365-day year. The Base Salary shall be reviewed at least annually by the Company’s Board of Directors (the “Board”) and may be adjusted from time to time in the Board’s sole and absolute discretion.”
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