Base Salary. During the Employment Period, Executive’s base salary shall be four hundred thousand dollars ($400,000) 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. During the Employment Period, Executive’s base salary shall be four hundred thousand dollars ($400,000)in an amount set by the Board (or a committee thereof), but under no circumstances will it be less than $320,000 per yearannum (the “Base Salary”). The Base Salary may, which salary shall be adjustedpayable in regular installments in accordance with the sole discretion of the Board.Company’s general payroll practices and shall be subject to customary withholding. The Base Salary shall be payablesubject to annual increases by the Board (or a committee thereof), in a manner that is consistent with the Company’its sole discretion, which increases shall thereafter be Executive’s usual payroll practices“Base Salary” 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 inall purposes under this Agreement.
Base Salary. During the Employment Period, the Company shall pay the Executive, as compensation for the performance of the Executive’s duties and obligations under this Agreement, an annual base salary shall be four hundred thousand dollars ($400,000) per year (the “Base Salary”). The Base Salary may be adjusted in the sole discretion of the Board. The Base Salary shall be$340,000, payable in a manner that is consistent with the Company’s usual payroll practices for senior executives but no less frequently than monthly.executives. The CompanyExecutive’s base salary shall be obligatedreviewed annually by each of the Compensation Committee of the Board or any successor to pay Executivesuch committee (the “Committee”) and the Board or for adjustment. Such adjustment, if any, shall be within the sole discretion of the Board. The annual base salary in effect at any earned but unpaid Base Salary in the event of a separationgiven time is referred to herein as set forth in this Agreement. “Base Salary.”
Base Salary. During the Employment Period, the Executive’s base salary shall be four hundred thousand dollars ($400,000) per year (the$450,000 (such annual salary, as it may be adjusted upward by the Board in its discretion, being referred to as 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 consistentregular installments in accordance with the Company’s usualgeneral payroll practices for senior executives but no less frequently than monthly. The Companypractices, shall be obligatedsubject to pay Executive any earned but unpaid Base Salary incustomary withholding and may be increased (but not decreased) at the eventdiscretion of a separation as set forth in this Agreement. the Board.
Base Salary. During the Employment Period, Executive’sThe base salary for the Executive shall be four hundred thousandFour Hundred Twelve Thousand dollars ($400,000) per yearyear, or such other rate as the Board may designate from time to time (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 consistentregular installments in accordance with the Company’s usualgeneral payroll practices for senior executives but no less frequently than monthly. The Companyand shall be obligatedsubject to pay Executive any earned but unpaid Base Salarywithholdings 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 event of a separation as set forthExecutive’s individual performance and will be approved by the Board in this Agreement. its sole discretion.
Base Salary. During the Employment Period, Executive’sthe Company will pay to Executive a base salary shall be four hundred thousand dollars ($400,000)in the amount of U.S. $775,000 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 withequal bi-weekly or other installments as provided under the Company’s usualstandard payroll practices in effect for senior executives but no less frequently than monthly. The Company shall be obligatedfrom time to pay Executive any earned but unpaidtime. Executive’s Base Salary inwill be reviewed at least annually and, subject to approval of the eventCommittee, the Company may increase Executive’s Base Salary from time to time. The periodic review of a separation as set forth in this Agreement. Executive’s salary by the Committee will consider, among other things, Executive’s own performance and the Company’s performance.
Base Salary. During the Employment Period, Executive’sPeriod of Employment, the Company will pay the Executive a base salary shall be four hundred thousand dollars ($400,000) per year (the “Base Salary”). The Base Salary may, which shall be adjustedpaid in accordance with the sole discretion ofCompany’s regular payroll practices in effect from time to time. Beginning March 13, 2018, the Board. TheExecutive’s 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 unpaidat an annualized rate of $650,000. (The additional Base Salary due to the Executive as a result of applying such rate of Base Salary to any payroll periods completed prior to the Effective Date will be paid promptly after the Effective Date.) The Board (or a committee thereof) will review the Executive’s rate of Base Salary on a periodic basis (annually, commencing with fiscal year 2019) and may, in its sole discretion, increase, but shall not decrease, the event of a separation as set forthrate then in this Agreement. effect.
Base Salary. During the Employment Period,As compensation for Executive’s base salaryperformance of Executive’s duties hereunder, Company shall be four hundred thousand dollars ($400,000) per year (the “Base Salary”). Thepay to Executive an initial Base Salary may be adjustedof $400,000 per year, payable in accordance with the sole discretionnormal payroll practices of the Board.Company (but not less frequently than monthly), less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. The Base Salary shall be payable in a manner that is consistent withreviewed by the Company’s usual payroll practices for senior executives but noBoard not less frequentlyoften than monthly.annually. The Companyterm “Base Salary” shall be obligatedrefer to pay Executive any earned but unpaidthe Base Salary as may be in the event of a separation as set forth in this Agreement. effect from time to time.
Base Salary. During the Employment Period, Executive’s annual rate of base salary shall be four hundred thousand dollars ($400,000) per year$600,000 (the “Base Salary”). The Company shall pay the Base Salary may be adjusted in the sole discretion of the Board.periodic installments in accordance with its payroll practices. The Base Salary shall be payable inreviewed at least annually by the Board, or a manner that is consistent with the Company’s usual payroll practices for senior executives but no less frequently than monthly. The Company shallcommittee thereof, and may be obligated to pay Executive any earned but unpaid Base Salary in the event of a separation as set forth in this Agreement. increased (but not decreased).
Base Salary. During the Employment Period, Executive’Term, the Company shall pay to the Executive a salary of $675,000 per annum, payable consistent with the Company’s base salary shall be four hundred thousand dollars ($400,000) per year (the “Basestandard payroll practices then in effect (“Base Salary”). The Base Salary may be adjusted in the sole discretion of the Board. TheSuch Base Salary shall be payable in a manner that is consistentreviewed by the Compensation Committee of the Board (hereinafter the “Compensation Committee”) at least annually, with the Company’s usual payroll practices for senior executives but no less frequently than monthly. Theany changes taking into account, among other factors, 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. and individual performance.
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