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Base Year
Base Year contract clause examples

Base Compensation. During the Employment Term, for her services under this Agreement the Company shall pay Executive base compensation at an annual rate of $270,000. Any amount payable hereunder shall be paid in equal installments in accordance with the Company’s regular payroll practices and policies (Executive’s “Base Compensation”). Executive’s Base Compensation shall be reviewed annually and may be increased by the board of managers, in its sole discretion. If Executive is required to devote more than four days per month to performing the duties described in [Section 1.1], Executive shall be paid a daily rate of $3,750 for each day worked in excess of four days.

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 Company’s 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 Executive’s 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. 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. 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. 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. 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 Company’s 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 Company’s normal payroll procedures. If Executive’s 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 Executive’s last day of employment with the Company.

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. Executive’s base salary (the “Base Salary”) will be paid at the rate of $27,083.33 monthly ($325,000 annualized) during the Term. Executive’s Base Salary may be increased by the Compensation Committee and/or Board in their sole discretion, but shall not be decreased without Executive’s consent. Executive’s Base Salary will be paid at periodic intervals in accordance with the [[Organization A:Organization]]’s normal payroll practices for salaried employees.

Base Salary. During the Employment Period, Executive’s base salary shall be in an amount set by the Board (or a committee thereof), but under no circumstances will it be less than $320,000 per annum (the “Base Salary”), which salary shall be payable in regular installments in accordance with the Company’s general payroll practices and shall be subject to customary withholding. The Base Salary shall be subject to annual increases by the Board (or a committee thereof), in its sole discretion, which increases shall thereafter be Executive’s “Base Salary” for all purposes under this Agreement.

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.

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