Base Salary. As compensation for services rendered under this Agreement, the Company will pay to Executive a base salary (the "Base Salary") at an initial annualized rate of $500,000, payable in accordance with the normal payroll procedures of the Company. The Base Salary will be increased by two percent 2% each year on the anniversary of the effective date (the "COL Adjustments"). In addition to the COL Adjustments, and at the sole discretion of the Board, Executive's Base Salary may be increased further, but not decreased. The term "Base Salary" as used herein means and refers to the then current base salary, as adjusted from time to time in accordance with this Section 3.1. The Company may deduct from the Base Salary amounts sufficient to cover applicable federal, state, and/or local income tax withholdings and any other amounts which the Company is required to withhold by applicable law.
Base Salary. The Company shall pay to the Executive for the performance of his duties under this Agreement an initial base salary of $525,000 per year (the “Base Salary”), payable in accordance with the Company’s normal payroll practices. Thereafter, the rate of the Executive’s Base Salary will be reviewed and adjusted as appropriate in accordance with the Company’s regular compensation review practices. Effective as of the date of any such increase, the Base Salary so increased shall be considered the new Base Salary for all purposes of this Agreement.
Base Salary. Company shall pay Executive a base salary (the “Base Salary”) at the annual rate of $407,800. The Base Salary shall be payable in substantially equal periodic installments in accordance with Company’s payroll practices as in effect from time to time. Company shall deduct from each such installment all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Base Salary will be reviewed annually and may be increased.
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 Compensation. For services rendered by Executive under this Agreement, Company shall pay to Executive a minimum base salary (Base Compensation) at the rate of $350,000 per annum payable in accordance with Companys customary payroll practice for its senior executive officers, as in effect from time to time. The amount of Base Compensation shall be reviewed periodically by the Board and may be increased from time to time as the Board may deem appropriate. References in this Agreement to Base Compensation shall refer to Executives Base Compensation as so increased from time to time. Base Compensation, as in effect at any time, may not be decreased without the prior written consent of Executive.
Base Salary. For all services to be rendered by Executive pursuant to this Agreement, the Company agrees to pay Executive during the Employment Term a base salary (the “Base Salary”) at an annual rate of $550,000. The Base Salary may be paid through the payroll of either Company or its subsidiary. In either case, the Base Salary shall be paid in accordance with Company’s or the subsidiary’s regular payroll practices. The Company agrees to review the Base Salary at least annually after the conclusion of the Company’s fiscal year and to make such adjustments therein as the Board may approve.
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 of $340,000, payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. The Executive’s base salary shall be reviewed annually by each of the Compensation Committee of the Board or any successor to such 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 given time is referred to herein as “Base Salary.”
Base Salary. The Company will pay Executive an annual salary of $350,000, as compensation for services (the Base Salary). The Base Salary will be paid according to the Companys normal payroll practices and subject to the usual and required withholdings. Executives Base Salary will be reviewed and adjusted annually by the Board or an authorized committee of the Board (either, a Committee).
Base Salary. For services rendered by the Executive under this Agreement during the Employment Period, the Company shall pay to the Executive an annual base salary (“Base Salary”), evenly paid twice a month or on such other schedule as salaried employees of the Company are generally and regularly compensated. Effective as of January 1, 2023, through the term of this Agreement, the Base Salary shall be at the rate of no less than $650,000 per year.
Base Salary. The Company shall pay to Executive a base salary at the rate of $300,000 per annum (the Base Salary) during the Term (as defined below), less applicable withholdings and deductions in accordance with the Companys normal payroll procedures. Provided that Executive remains employed by the Company through the Term, the Base Salary shall be payable to Executive in equal installments on a semimonthly basis, in accordance with the Companys normal payroll procedures. If Executives employment with the Company terminates prior to the end of the Term for any reason, the Company shall pay to Executive a pro-rata amount of the Base Salary through the date of Executives last day of employment with the Company.
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