The Company agrees to pay the Executive a Base Salary of TWO HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($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.
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.
Base Salary. Executive shall be paid a base salary of Two Hundred Fifty Thousand Dollars ($250,000) per annum, with such increases thereafter as may be determined by Employer (the “Base Salary”).
During the Term of Employment, as compensation for the employment services to be rendered by Executive hereunder, the Company agrees to pay to Executive, and Executive agrees to accept, payable in equal 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 Effective Date. The Base Salary shall be reviewed 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 all purposes of this Agreement.
Base Salary. The Company agrees to pay to Executive a base salary (“Base Salary”) at the annual rate of $475,000.00. The Compensation Committee of the Board of Directors of the Company may determine in its sole discretion to increase, but not decrease the Base Salary. Payments of the Base Salary shall be payable in equal installments in accordance with the Company’s standard payroll practices.
Base Salary. During the Employment Term, the Company shall pay to the Executive a salary of $675,000 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. The base salary for the Executive shall 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 shall be payable in regular installments in accordance with the Company’s general payroll practices and shall be subject to withholdings for applicable 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 the Executive’s individual performance and will be approved by the Board in its sole discretion.
Base Salary. As compensation for his services pursuant hereto, the Executive shall be paid a base salary of $200,000 per year during his employment. This amount shall be payable in equal periodic installments in accordance with the usual payroll practices of the Company.
Base Salary. During the Term, Executive shall be entitled to a base salary of $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”), which shall be paid in accordance with the Company’s normal payroll practices and applicable state and federal law. The Base Salary may be increased but not decreased in the sole discretion of the Board.
Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $400,000.00 for each twelve-month period of the Term. The base salary shall be reviewed for increase (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”) no less than annually.
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