Example ContractsClausesbase salary; performance bonusVariants
Base Salary; Performance Bonus
Base Salary; Performance Bonus contract clause examples

Base Salary. As compensation for the services contemplated herein, Employee shall receive a base salary of One Hundred and Twenty Five Thousand and 00/100 Dollars ($125,000) 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 One Hundred and Thirty Thousand and 00/100 Dollars ($130,000) per annum effective on the first anniversary of this Agreement, and to One Hundred and Thirty Five Thousand and 00/100 Dollars ($135,000) 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. As compensation for the services contemplated herein, Employee shall receive a base salary of One Hundred and Twenty Five Thousand and 00/100 Dollars ($125,000) per annum (“Base Salary”), to be paid in accordance with Company’s then-current payroll practices and policies. 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. Employee’s Base Salary shall be reviewed, at least annually and, in the absolute discretion of Company, may be adjusted upward from time to time based upon the performance of Employee, the financial condition of Company, prevailing industry salary levels and such other factors as Company considers relevant.

Base Compensation. Employee shall be paid a base salary on an annual basis equal to Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), payable in accordance with Company’s customary payroll practices subject to the conditions and restrictions set forth in this Agreement. Employee's base salary in effect from time to time, exclusive of any other compensation under this Agreement, is hereinafter called the "Base Salary." Base Salary shall start upon Employee’s first date of reporting to work on behalf of Company, which date shall be the 1st day of September, 2017 (“Start Date”).

Base Compensation. Employer agrees to compensate the Employee for his services during the period of his employment hereunder at a minimum base salary of Two Hundred Twenty-Five Thousand Dollars ($225,000) per annum, payable semimonthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine.

Base Compensation. Employer agrees to compensate the Employee for her services during the period of her employment hereunder at a minimum base salary of Three Hundred Seventy-Five Thousand Dollars ($375,000) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine.

Base Compensation. Employer agrees to compensate the Employee for his services during the period of his employment hereunder at a minimum base salary of Two Hundred Forty Thousand Dollars ($240,000) per annum, payable semi-monthly. Employee shall be entitled to receive such increases in this minimum base salary, as the Compensation Committee of the Board of Directors of Employer shall, in their sole discretion determine.

Base Salary. The Company shall pay to Employee an annualized base salary of $350,000 (the “Base Salary”) beginning on the effective date of this Agreement, 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 employment 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 change at the Board’s sole and absolute discretion in consultation with the CEO.

Section # Base Compensation. Subject to the terms and conditions of this Agreement, as compensation for services rendered and Employee's covenants and agreements under this Agreement, Employer shall pay to Employee a base salary of FOUR HUNDRED FIFTY THOUSAND AND NO/100THS DOLLARS ($450,000.00) per year (as adjusted from time to time, the "Base Compensation"), payable in accordance with Employer's then-prevailing pay practices. From time to time (but at least once a year) Employer and Employee shall review Employee's performance, and at that time Employer, in its sole discretion, shall determine whether Employee's Base Compensation should be increased. At no time during the Term hereof will Employee's Base Compensation be decreased, without the express written consent of Employee.

Section # Base Compensation. Subject to the terms and conditions of this Agreement, as compensation for services rendered and Employee’s covenants and agreements under this Agreement, Employer shall pay to Employee a base salary of THREE HUNDRED AND FORTY THOUSAND AND NO/100THS DOLLARS ($340,000.00) per year (as adjusted from time to time, the “Base Compensation”), payable in accordance with Employer’s then-prevailing pay practices. From time to time (but at least once a year) Employer and Employee shall review Employee’s performance, and at that time Employer, in its sole discretion, shall determine whether Employee’s Base Compensation should be increased. At no time during the Term hereof will Employee’s Base Compensation be decreased without the express written consent of Employee.

Base Salary. The Company shall pay Employee an annual salary of $1,100,000 (“Base Salary”), payable in accordance with the normal payroll practices of the Company. Employee’s Base Salary will be reviewed and be subject to adjustment by the Board of Directors or its Compensation Committee at their discretion each fiscal year in accordance with the Company’s annual review policy, commencing with the fiscal year 2017.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.