Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Exela Technologies, Inc.), Employment Agreement (Banctec Inc)

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Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)) at an initial annualized rate of $200,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesregular payroll practices relating to salaried employees. The Base Salary shall be subject to annual Supervisor may review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary from year to year and may be increased (but not decreased) at their sole discretionapprove an increase in the Base Salary as the Supervisor deems appropriate.

Appears in 4 contracts

Samples: Employment Agreement (Laird Superfood, Inc.), Employment Agreement (Laird Superfood, Inc.), Employment Agreement (Laird Superfood, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the annual rate option of $321,000 the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), . The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment normal payroll practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 4 contracts

Samples: Employment Agreement (Covetrus, Inc.), Employment Agreement (Covetrus, Inc.), Employment Agreement (HS Spinco, Inc.)

Base Salary. During In consideration of the Employment Termservices to be rendered as provided in Section 1, the Company shall hereby agrees to pay the Executive a an annual base salary at the annual rate of $321,000 240,000 payable in equal weekly installments in accordance with the usual practice of the Company (the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Executive's Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of Directors of the Company whereupon (the Base Salary may be increased (but not decreased) at their sole discretion“BOD”).

Appears in 4 contracts

Samples: Employment Agreement (Voiceserve Inc), Employment Agreement (Voiceserve Inc), Employment Agreement (Voiceserve Inc)

Base Salary. During (a) Subject to Section 4.1(b) and 4.1(c), commencing on the Employment TermEffective Date, the Company shall pay the to Executive a base salary at the an annual rate of $321,000 125,000 (as may be adjusted from time to time, the "Base Salary"), payable in regular installments in accordance with the Company’s customary payment practicespayroll practices of the Company in effect from time to time. The Base Salary payments shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionwithholding and other applicable taxes.

Appears in 3 contracts

Samples: Executive Employment Agreement (Imarx Therapeutics Inc), Invention and Confidential Information Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)) at an initial annualized rate of $250,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesregular payroll practices relating to salaried employees. The Base Salary shall be subject to annual Supervisor may review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary from year to year and may be increased (but not decreased) at their sole discretionapprove an increase in the Base Salary as the Supervisor deems appropriate.

Appears in 3 contracts

Samples: Employment Agreement (Taronis Fuels, Inc.), Employment Agreement (Laird Superfood, Inc.), Employment Agreement (Laird Superfood, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the annual rate of $321,000 1,500,000 per annum (“Base Salary”), payable in regular installments semi-monthly in accordance with the Company’s customary payment practicesexecutive payroll policy. The Such Base Salary shall be reviewed annually on the Company’s regular executive salary review schedule, and shall be subject to annual review by adjustment at the Board or the Compensation Committee (or similar committee) discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 3 contracts

Samples: Employment Agreement (Aon PLC), Employment Agreement (Aon Corp), Change in Control Agreement (Aon Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a annual base salary (the "Base Salary") at the annual rate no less than the rate of $321,000 (“base salary in effect as of the Effective Date. Base Salary”), Salary shall be payable in regular installments in accordance with the Company’s customary payment 's usual payroll practices. The Management Compensation Committee of the Board (the "Compensation Committee") shall review Base Salary shall be subject to annual for the purpose of increasing it in accordance with its normal review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionprocedures.

Appears in 3 contracts

Samples: Employment Agreement (Nasdaq Stock Market Inc), Employment Agreement (Nasdaq Stock Market Inc), Employment Agreement (Nasdaq Stock Market Inc)

Base Salary. During the Employment Term, in full consideration of the performance by the Executive of the Executive’s obligations hereunder (including any services as an officer, director, employee, or member of any committee of any affiliate of the Company, or otherwise on behalf of the Company), the Executive shall receive from the Company shall pay the Executive a base salary (the “Base Salary”) at the an annual rate of $321,000 (“Base Salary”)600,000 per year, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) normal payroll practices of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthen in effect.

Appears in 3 contracts

Samples: Employment Agreement (Third Point Reinsurance Ltd.), Employment Agreement (Third Point Reinsurance Ltd.), Employment Agreement (Third Point Reinsurance Ltd.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 258,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Exela Technologies, Inc.), Employment Agreement (Banctec Inc)

Base Salary. During In consideration for the Employment Termservices provided hereunder, the Company shall pay the to Executive a an annual base salary at the annual rate of $321,000 525,000.00, subject to applicable federal, state and local payroll taxes, and other withholdings required by law or properly requested by Executive (the "Base Salary"), . The Base Salary shall be payable in regular installments in accordance conformity with the Company’s 's customary payment payroll practices. The Such Base Salary shall be subject to annual review by for increase in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCompany's Board.

Appears in 3 contracts

Samples: Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the an annual rate of equal to $321,000 1,000,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The ; provided, however, that Base Salary shall be subject to annual review reviewed for discretionary increases by the Board or the Compensation Committee (or similar committee) thereof no less often than annually commencing no later than the first anniversary of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionEffective Date.

Appears in 3 contracts

Samples: Employment Agreement (LEM America, Inc), Employment Agreement (LEM America, Inc), Employment Agreement (WMG Acquisition Corp)

Base Salary. During Unless otherwise adjusted by the Employment TermCompensation Committee of the Board (the “Compensation Committee”), the Company shall pay the Executive a base salary at the annual rate of $321,000 325,000 per annum (the “Base Salary”), payable in regular equal installments in accordance at such times as is consistent with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the normal Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionpayroll policy.

Appears in 3 contracts

Samples: Employment Agreement (Neogenomics Inc), Employment Agreement (Neogenomics Inc), Employment Agreement (Neogenomics Inc)

Base Salary. During the Employment TermPeriod of Employment, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”), payable in regular installments which shall be paid in accordance with the Company’s customary payment practicesregular payroll practices in effect from time to time, but not less frequently than monthly. The Executive’s Base Salary shall be subject to annual review by the at an annualized rate of four hundred and ten thousand dollars ($410,000). The Board or the Compensation Committee (or similar committeea committee thereof) will review the Executive’s rate of the Company whereupon the Base Salary may be increased on an annual basis and may, in its sole discretion, increase (but not decreaseddecrease) at their sole discretionthe rate then in effect.

Appears in 2 contracts

Samples: Employment Agreement (Amc Entertainment Inc), Employment Agreement (Marquee Holdings Inc.)

Base Salary. During the Employment Term, the The Company shall pay the to Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $225,000 per annum, payable in regular installments in accordance with the Company’s customary payment practicesthen current payroll practice. The Base Salary shall be subject to annual review by reviewed annually and may be increased in the Board or sole discretion of the Compensation Committee (or similar committee) of the Company’s Board of Directors (the “Compensation Committee”), with the advice and input of the Chief Executive Officer of the Company. The Company whereupon shall be entitled to deduct or withhold all taxes and charges which the Base Salary Company may be increased (but not decreased) at their sole discretionrequired to deduct or withhold therefrom.

Appears in 2 contracts

Samples: Severance Agreement (Gregg Appliances Inc), Severance Agreement (Hhgregg, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”), payable in regular installments 250,000 to be paid evenly over the course of the year in accordance with the Company’s customary payment practicesstandard payroll policies. The Base Salary shall be subject to annual review by During the Board or the Compensation Committee (or similar committee) of the Company whereupon Term, the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Spark Networks Inc), Employment Agreement (Spark Networks Inc)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at the annual rate of $321,000 27,083.33 per month (“Base Salary”$325,000 annualized), payable in regular equal periodic installments in accordance with the Company’s customary payment practicespractices (the “Base Salary”). The amount of the Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary reviewed annually and may be increased (but not decreased) at their from time to time in the sole discretiondiscretion of the Company’s Remuneration Committee and the Board.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Pacificorp /Or/)

Base Salary. During the Employment Term, the The Company Group shall pay the Executive a base salary at in the annual rate amount of $321,000 236,300 per annum, as adjusted as permitted herein (the “Base Salary”)) during the Term, payable in accordance the Company Group’s regular installments payroll practices as in accordance with the Company’s customary payment practiceseffect from time to time. The Base Salary shall be subject to annual review periodically reviewed by the Board or during the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm and subject to change upon reasonable notice.

Appears in 2 contracts

Samples: Employment Agreement (FTC Solar, Inc.), Employment Agreement (FTC Solar, Inc.)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at in the annual rate amount of $321,000 500,000 per annum (the “Base Salary”), payable in regular such installments in accordance with as the Company’s customary payment practicesCompany pays other similarly situated individuals. The Base Salary shall will be subject to annual review annually reviewed for increase (but not decrease) by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but not decreased“Compensation Committee”) at their sole discretionduring the Term.

Appears in 2 contracts

Samples: Employment Agreement (Perella Weinberg Partners), Employment Agreement (Perella Weinberg Partners)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $335,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment TermPeriod of Employment, the Company shall will pay the Executive a base salary at the an annual rate equal to one million thirty thousand dollars ($1,030,000.00) effective on the Effective Date, subject to such annual increases as the Company’s Board of $321,000 Directors’ Compensation Committee (the “Committee”) deems appropriate in its sole discretion (“Base Salary”), . Base Salary will be payable in regular installments in accordance with according to the customary payroll practices of the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Wyndham Hotels & Resorts, Inc.), Employment Agreement (Wyndham Hotels & Resorts, Inc.)

Base Salary. During While employed by the Employment TermCompany, the Company shall pay ----------- the Executive as compensation for his services a base salary at the annual annualized rate of $321,000 200,000 (the "Base Salary"), payable in regular installments . Such salary shall be paid periodically in accordance with normal Company payroll practices and subject to the Company’s customary payment practicesusual required withholding. The Base Salary shall be subject to annual review reviewed annually for possible raises, as determined by the Board or the Compensation Committee (or similar committee) in its discretion, in light of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCompany's performance and Executive's performance of his duties.

Appears in 2 contracts

Samples: Gary Owen Employment Agreement (Somera Communications Inc), Gary Owen Employment Agreement (Somera Communications Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)515,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (of any direct or similar committee) indirect parent of the Company, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Samples: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)655,636, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Samples: Employment Agreement (Ap Al LLC), Employment Agreement (Ap Al LLC)

Base Salary. During the Employment Term, the The Company shall pay the Executive a an annualized base salary at (the annual rate of $321,000 (“Base Salary”)) of $325,000, payable in regular installments in accordance with the Company’s customary payment regular payroll practices. The Such Base Salary shall be subject to annual review and adjustment as may be determined by the Compensation Committee and approved by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (BTRS Holdings Inc.), Employment Agreement (BTRS Holdings Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary salary, payable in equal installments in accordance with Company payroll procedures, at the an annual rate of $321,000 (“Base Salary”)350,000, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc)

Base Salary. During the Employment TermPeriod, the Company shall will pay the Executive a base salary at the annual rate of $321,000 300,000, which amount will be reviewed annually and subject to adjustment at the good faith discretion of the Board (or the Compensation Committee of the Board (the “Compensation Committee”)), including without limitation, discretionary cost of living adjustments (as adjusted from time to time, the “Base Salary”), . The Base Salary will be payable in regular substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject payroll practices as in effect from time to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretiontime.

Appears in 2 contracts

Samples: Employment Agreement (Sulphco Inc), Employment Agreement (Sulphco Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 240,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment Term, the The Company shall pay to the Executive a an annual base salary (the "Base Salary") at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary payment practicesits ordinary payroll practices as established from time to time. The Base Salary shall be subject to annual review reviewed by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board of Directors (the Base Salary may be increased (but "Board") and the Chief Executive Officer in good faith, based upon the Executive's performance, not decreased) at their sole discretionless often than annually.

Appears in 2 contracts

Samples: Employment Agreement (Vonage Holdings Corp), Employment Agreement (Vonage Holdings Corp)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)375,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Samples: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the The Company shall will pay the Executive a an annual base salary at the annual rate of $321,000 (“Base Salary”) in the amount of $13,000.00 per month ($156,000 per year), payable in regular installments . The Base Salary will be paid in accordance with the Company’s customary payment practicespayroll practices in effect from time-to-time. The Executive’s Base Salary shall will be reviewed at least annually in accordance with the Company’s executive compensation review policies and practices and may be increased in accordance with such review, looking to the results of such review and the Company’s financial progress, among other things, as guides in making any adjustments. All payments to Executive under this Agreement will be subject to annual review withholding as required by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionapplicable law.

Appears in 2 contracts

Samples: Executive Employment Agreement (PetroShare Corp.), Executive Employment Agreement (PetroShare Corp.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,021,200, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Samples: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the to Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $300,000 per annum, payable in regular installments in accordance with the Company’s customary payment practicesthen current payroll practice. The Base Salary shall be subject to annual review by reviewed annually and may be increased in the Board or sole discretion of the Compensation Committee (or similar committee) of the Company’s Board of Directors (the “Compensation Committee”). The Company whereupon shall be entitled to deduct or withhold all taxes and charges which the Base Salary Company may be increased (but not decreased) at their sole discretionrequired to deduct or withhold therefrom.

Appears in 2 contracts

Samples: Employment Agreement (Hhgregg, Inc.), Employment Agreement (HHG Distributing, LLC)

Base Salary. During the Employment Term, in full consideration of the performance by the Executive of the Executive’s obligations hereunder (including any services as an officer, director, employee, or member of any committee of any affiliate of the Company, or otherwise on behalf of the Company), the Executive shall receive from the Company shall pay the Executive a base salary (the “Base Salary”) at the an annual rate of $321,000 (“Base Salary”)500,000 per year, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) normal payroll practices of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthen in effect.

Appears in 2 contracts

Samples: Employment Agreement (Third Point Reinsurance Ltd.), Employment Agreement (Third Point Reinsurance Ltd.)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”), ) set at $275,000 per year for calendar year 2007 and subject thereafter to annual review and increase (but not decrease) in the sole discretion of the Committee. The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject normal payroll procedures applicable to annual review by the Board or the Compensation Committee (or similar committee) senior executives of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCompany, as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (On Assignment Inc), Employment Agreement (On Assignment Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)200,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Elastomers Holdings LLC)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at of not less than $665,000 per annum (the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Board shall review Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee annually (or similar committee) after approval of the Company whereupon forthcoming year’s budget and receipt of the Base Salary may be increased (but not decreasedprior year’s financial statements) at their sole discretionand increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.

Appears in 2 contracts

Samples: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) initially set at $261,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesnormal payroll procedures applicable to similarly situated senior executives of OA, as in effect from time to time. The Beginning in calendar year 2008 and thereafter during the Employment Period, the Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased and increase (but not decreaseddecrease) at their in the sole discretiondiscretion of the Committee.

Appears in 2 contracts

Samples: Employment Agreement (On Assignment Inc), Employment Agreement (On Assignment Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $400,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the The Company Group shall pay the Executive a base salary at in the annual rate amount of $321,000 333,900 per annum, as adjusted as permitted herein (the “Base Salary”)) during the Term, payable in accordance the Company Group’s regular installments payroll practices as in accordance with the Company’s customary payment practiceseffect from time to time. The Base Salary shall be subject to annual review periodically reviewed by the Board or during the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm and subject to change upon reasonable notice.

Appears in 2 contracts

Samples: Employment Agreement (FTC Solar, Inc.), Employment Agreement (FTC Solar, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $360,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (LSB Industries Inc), Employment Agreement (Tronox LTD)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable at the annual rate of $350,000, as the same may be increased by the Board thereafter pursuant to the Company’s normal practices for its executives, which shall be paid in regular installments in accordance with the Company’s customary payment normal payroll practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.)

Base Salary. During the Term of Employment Termor Renewed Term of Employment, if any, the Company Executive shall pay the Executive receive a base salary at the annual rate of $321,000 (“Base Salary”) at a rate of $700,000 per annum (or such greater amount as shall be recommended by the Company’s Chief Executive Officer and approved by the Executive Compensation Committee), payable in regular installments monthly or more frequently in accordance with the Company’s customary payment practicespractice as applied to other senior executives. The Base Salary Such base salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) reviewed at their sole discretionleast annually.

Appears in 2 contracts

Samples: Employment Agreement (Kimco Realty Corp), Employment Agreement (Kimco Realty Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a ----------- base salary at the annual rate of $321,000 ("Base Salary"), payable in regular equal installments in accordance with the Company’s customary payment practices's normal practice for paying base salaries to its executive employees. The Base Salary shall initially be payable at the rate of $200,000 per annum, and shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor discretionary annual increases.

Appears in 2 contracts

Samples: Employment Agreement (United Water Resources Inc), Employment Agreement (United Water Resources Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the "Base Salary") at the an annual rate of not less than $321,000 (“600,000. The Base Salary”), Salary shall be payable in regular payroll installments in accordance with the Company’s customary payment practices's payroll practices as in effect from time to time (but no less frequently than monthly). The Base Salary shall be subject to annual review by Management Compensation Committee of the Board or (the "Compensation Committee (or similar committeeCommittee") of the Company whereupon shall review the Base Salary at least annually and may (but shall be increased under no obligation to) increase (but not decreaseddecrease) at their sole discretionthe Base Salary on the basis of such review.

Appears in 2 contracts

Samples: Employment Agreement (Nasdaq, Inc.), Employment Agreement (Nasdaq Omx Group, Inc.)

Base Salary. During the Employment TermTerm and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews. Increases in Executive’s Base Salary, if any, may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,021,199.82, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased Salary. (but not decreased) at their sole discretion.b)

Appears in 2 contracts

Samples: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 375,000 per year or such higher rate as may be determined annually by the Company (“Base Salary”). Such Base Salary, payable in regular installments less applicable withholdings, shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionstandard payroll practice for executives.

Appears in 2 contracts

Samples: Employment Agreement (Warwick Valley Telephone Co), Employment Agreement (Warwick Valley Telephone Co)

Base Salary. During the Employment Term, the The Company shall pay the Executive a the base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $240,000, which shall be subject to customary withholdings and authorized deductions and shall be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary shall be subject to review on at least an annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionbasis.

Appears in 2 contracts

Samples: Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.), Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of not less than $321,000 (“230,000. Base Salary”), salary shall be payable in regular installments in accordance with the usual payroll practices of the Company’s customary payment practices. The Base Salary Executive's base salary shall be subject to annual review by the Board or the Company's Compensation Committee (or similar committee"Compensation Committee) of during the Company whereupon the Base Salary Term and may be increased (increased, but not decreased) at their sole discretion, from time to time by the Board or the Compensation Committee. The base salary as determined as aforesaid from time to time shall constitute "Base Salary" for purposes of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at of not less than $ 665,000 per annum (the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Board shall review Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee annually (or similar committee) after approval of the Company whereupon forthcoming year’s budget and receipt of the Base Salary may be increased (but not decreasedprior year’s financial statements) at their sole discretionand increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.

Appears in 2 contracts

Samples: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)270,400, payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual review by and subject to increase, but not decrease, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a an annual base salary (the "Base Salary") at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices$ 600,000 per year. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary reviewed no less frequently than annually and may be increased (but not decreased) at their sole discretionthe discretion of the Board. The Base Salary shall be payable semi-monthly or in such other installments as shall be consistent with the Company's payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (S1 Corp /De/), Employment Agreement (S1 Corp /De/)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a an annual base salary (“Annual Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,500,000 per annum, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall executive payroll policy, or such higher amount as may be subject to annual review determined appropriate by the Board or the Compensation Committee (or similar committee) of and the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Federal Mogul Corp), Employment Agreement (Federal Mogul Corp)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of not less than $321,000 (“Base Salary”)575,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)220,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)350,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Samples: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $425,000, which shall be subject to customary withholdings and authorized deductions and be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary salary shall be subject to annual review by periodic adjustments as the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCEO shall in his discretion deem appropriate.

Appears in 2 contracts

Samples: First Amended Employment Agreement (Provention Bio, Inc.), First Amended Employment Agreement (Provention Bio, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a an annual base salary at the annual rate of $321,000 (“Base Salary”)325,000 per year, payable in regular installments which shall be paid to Executive in accordance with the Company’s customary payment standard payroll practices, as in effect from time to time (such base salary, as may be increased pursuant to the following sentence, the “Base Salary”). The Base Salary shall be subject to annual review reviewed annually for increase as determined by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their thereof in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Chanticleer Holdings, Inc.), Employment Agreement (Chanticleer Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at in the annual rate amount of $321,000 £385,000 per annum (the “Base Salary”), payable in regular such installments in accordance with as the Company’s customary payment practicesCompany pays other similarly situated individuals. The Base Salary shall will be subject to annual review annually reviewed for increase (but not decrease) by the Board or the Compensation Committee (or similar committee) of the Board of Directors of the Company whereupon (the Base Salary may be increased (but not decreased“Compensation Committee”) at their sole discretionduring the Term.

Appears in 2 contracts

Samples: Employment Agreement (Perella Weinberg Partners), Employment Agreement (Perella Weinberg Partners)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary (the "Base Salary") during the period of the Executive's employment hereunder, which shall be at the annual an initial rate of Two Hundred and Seventy-One Thousand Dollars ($321,000 (“271,000.00) per annum. The Base Salary”), payable in regular installments Salary shall be paid in accordance with the Company’s customary payment 's standard payroll practices. The Base Salary shall be subject to reviewed for possible increase on an annual review by basis and shall not be decreased during the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm.

Appears in 2 contracts

Samples: Employment Agreement (Avangrid, Inc.), Employment Agreement (Avangrid, Inc.)

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Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,500,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review reviewed by the Board or following the Compensation Committee (or similar committee) completion of each consecutive 12-month period of the Company whereupon the Base Salary Initial Term and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board (with such increased (but not decreased) at their sole discretionamount, if any, constituting “Base Salary” for purposes of this Agreement).

Appears in 2 contracts

Samples: Employment Agreement (Ami Celebrity Publications, LLC), Employment Agreement (Ami Celebrity Publications, LLC)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)525,000, payable subject to review and change by the Board at its discretion, which will be paid in regular installments in accordance a manner consistent with the Company’s customary payment payroll practices. The Executive’s annual base salary payable hereunder is referred to herein as “Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionSalary”.

Appears in 2 contracts

Samples: Employment Agreement (Questcor Pharmaceuticals Inc), Employment Agreement (Questcor Pharmaceuticals Inc)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at the annual rate of $321,000 650,000 per annum, less customary withholdings and deductions (the “Base Salary”), ) payable in regular installments in accordance with the payroll procedures for the Company’s customary payment practicessalaried employees in effect during the Term. The Beginning in January 2007 and annually thereafter, the Base Salary shall be subject to annual review and possible increase by the Board or of Directors, but it shall not be decreased during the Compensation Committee (or similar committee) Term of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (TNS Inc), Employment Agreement (TNS Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $630,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 $ per year or such higher rate as may be determined from time to time by the Company (“Base Salary”), payable in regular installments . Such Base Salary shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionstandard payroll practice for executives.

Appears in 2 contracts

Samples: Employment Agreement (Vericity, Inc.), Employment Agreement (Vericity, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)350,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCEO.

Appears in 2 contracts

Samples: Employment Agreement (Vivint Solar, Inc.), Employment Agreement (Vivint Solar, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)900,000.00, payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Board may from time to time review and increase Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Itt Industries Inc), Employment Agreement (Itt Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)530,450, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (of any direct or similar committee) indirect parent of the Company, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Samples: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary Base Salary ("Base Salary") at the annual rate of $321,000 (“Base Salary”), 750,000 per annum. The base salary shall be payable in regular installments in accordance with the ordinary payroll practices of the Company’s customary payment practices. The Executive's rate of Base Salary shall be subject to annual review reviewed for possible increases by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionleast annually.

Appears in 2 contracts

Samples: Employment Agreement (Conagra Inc /De/), Agreement (Conagra Foods Inc /De/)

Base Salary. During the Employment Termhis employment hereunder, the Company shall pay the to Executive a base salary ("Base Salary") at the annual a rate of $321,000 10,625.00 per bi-weekly pay period (“Base Salary”which is a rate of $255,000.00 per year), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary subject to all applicable tax withholdings and required payroll deductions, which amount shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary reviewed annually and may be increased at the discretion of the Chief Executive Officer or Board of Directors (but not decreased) at their sole discretionor a committee thereof).

Appears in 2 contracts

Samples: Executive Employment Agreement (Manhattan Associates Inc), Executive Employment Agreement (Manhattan Associates Inc)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)425,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Samples: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at the annual initial rate of $321,000 (“Base Salary”)275,120 per annum, which shall be payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) standard payroll practices of the Company whereupon Company. At no time during the Base Salary may Term shall the Executive's base salary be increased (but not decreased) at their sole discretiondecreased from the rate then in effect except with the written consent of the Executive.

Appears in 2 contracts

Samples: Employment Agreement (JPF Acquisition Corp), Employment Agreement (Jevic Transportation Inc)

Base Salary. During As compensation for the performance by the Executive of his obligations hereunder, during the Employment TermPeriod, the Company shall pay the Executive a base salary at the an annual rate of $321,000 600,000 (the “Base Salary”), . The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment practicesregularly established payroll practice. The Base Salary Board shall be subject to conduct an annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary and may be increased increase (but not decreaseddecrease) at their such Base Salary in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.), Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) during the period of the Executive’s employment hereunder, payable in regular installments which shall be Four Hundred Thousand Dollars ($400,000.00) per annum. The Base Salary shall be paid in accordance with the Company’s customary payment standard payroll practices. The Base Salary shall be subject to reviewed for possible increase on an annual review by basis and shall not be decreased during the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm.

Appears in 2 contracts

Samples: Employment Agreement (Avangrid, Inc.), Employment Agreement (Avangrid, Inc.)

Base Salary. During the Employment Term, the The Company shall pay to the Executive a base an annual salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $200,000, payable in regular substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary payment practicesthen current ordinary payroll practices as established from time to time. The Base Salary shall be subject to annual review reviewed in good faith by the Board or the Compensation Committee (or similar committee) of the Company whereupon Company’s Board of Directors (the Base Salary may be increased (but “Board”), based upon the Executive’s performance, not decreased) at their sole discretionless often than annually.

Appears in 2 contracts

Samples: Employment Agreement (Applied Optoelectronics, Inc.), Employment Agreement (Applied Optoelectronics, Inc.)

Base Salary. During the Employment Term, the The Company shall pay to the Executive a base an annual salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $830,000, payable in regular substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary payment its ordinary payroll practices, as established from time to time. The Base Salary shall be subject to annual review reviewed by the Board or not less often than annually. The Base Salary shall not be decreased by the Compensation Committee (or similar committee) Company except with the prior written consent of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionExecutive.

Appears in 2 contracts

Samples: Employment Agreement (Milacron Holdings Corp.), Employment Agreement (Milacron Holdings Corp.)

Base Salary. During the Employment TermPeriod, the Company shall pay the to Executive a base salary at the annual rate of $321,000 compensation (“Base Salary”)) in the amount of One Hundred Seventy Three Thousand Dollars ($173,000) per annum, payable in regular periodic installments in accordance with the Company’s customary payment practicespayroll practices in effect from time to time. The Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the all applicable withholdings and deductions. Executive’s Base Salary may shall be increased (but not decreased) at their sole discretionsubject to review no less frequently than annually.

Appears in 2 contracts

Samples: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment Term, the Company Employer shall pay the to Executive a base salary at the annual rate of $321,000 275,000.00 on an annualized basis (the “Base Salary”), payable in regular installments in accordance with the Company. Executive’s customary payment practices. The Base Salary shall be subject to annual review by periodic adjustments (but not decreases) as the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (“Compensation Committee”) shall, in its discretion, deem appropriate. As used in this Agreement, the term “Base Salary” shall refer to Base Salary as may be increased (but not decreased) at their sole discretionadjusted from time to time. Base Salary shall be payable in accordance with the customary payroll practices of Employer.

Appears in 2 contracts

Samples: Employment Agreement (Roka BioScience, Inc.), Employment Agreement (Roka BioScience, Inc.)

Base Salary. During In consideration of the Employment Termservices to be rendered hereunder, the Company Executive shall pay the Executive be paid a base salary at the annual rate of $321,000 (“Base Salary”)465,000.00 per year, payable in regular installments in accordance with the Company’s customary payment practicespayroll practices in effect during the course of this Agreement (the “Annual Base Salary”). The Annual Base Salary shall be subject to annual review reviewed annually by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Samples: Employment Agreement (TRC Companies Inc /De/), Employment Agreement (TRC Companies Inc /De/)

Base Salary. During the Employment Term, the Company Employer shall pay the Executive a an annual base salary at the annual rate of $321,000 250,000.00 payable in accordance with the Employer’s customary payroll procedures (the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an annual basis by the CEO. All compensation payable to the Executive from the Employer or its affiliates shall be subject to annual review all applicable withholding taxes, normal payroll withholding and any other amounts required by the Board law or the Compensation Committee (terms of any applicable benefit plan or similar committee) of the Company whereupon the Base Salary may program to be increased (but not decreased) at their sole discretionwithheld.

Appears in 2 contracts

Samples: Restated Employment Agreement (Selway Capital Acquisition Corp.), Employment Agreement (Selway Capital Acquisition Corp.)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary (the `Base Salary') at the initial annual rate of $321,000 (“Base Salary”)230,000, payable in regular equal monthly installments or otherwise in accordance with the Company’s customary payment practicespayroll and personnel practices of the Company from time to time. The Base Salary shall be subject to annual review reviewed annually by the Board or a committee thereof to which the Compensation Committee Board may from time to time have delegated such authority (or similar committeethe `Committee') of the Company whereupon the Base Salary may be increased for possible increase (but not decreaseddecrease) at their in the sole discretiondiscretion of the Board or the Committee, as the case may be.

Appears in 2 contracts

Samples: Employment Agreement (Donnelley R H Inc), Employment Agreement (R H Donnelley Corp)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $850,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Samples: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the The Company shall pay the to Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $250,000 per annum, payable in regular installments in accordance with the Company’s customary payment practicesthen current payroll practice. The Base Salary shall be subject to annual review by reviewed annually and may be increased in the Board or sole discretion of the Compensation Committee (or similar committee) of the Company’s Board of Directors (the “Compensation Committee”). The Company whereupon shall be entitled to deduct or withhold all taxes and charges which the Base Salary Company may be increased (but not decreased) at their sole discretionrequired to deduct or withhold therefrom.

Appears in 2 contracts

Samples: Employment Agreement (HHG Distributing, LLC), Employment Agreement (Hhgregg, Inc.)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at the annual rate of $321,000 412,000 per annum, less customary withholdings and deductions (the “Base Salary”), ) payable in regular installments in accordance with the payroll procedures for the Company’s customary payment practicessalaried employees in effect during the Term. The Beginning in January 2007 and annually thereafter, the Base Salary shall be subject to annual review and possible increase by the Board or of Directors, but it shall not be decreased during the Compensation Committee (or similar committee) Term of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (TNS Inc), Employment Agreement (TNS Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)salary, payable in regular equal installments in accordance with normal Company procedures, at an annual rate of Three Hundred Seventy Five Thousand US Dollars ($375,000) (the Company’s customary payment practices"Base Salary"). The Base Salary shall be subject to annual review reviewed periodically, but not less than annually, by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary thereof and may be increased (increased, but not decreased) at their sole discretion, from time to time by the Board or such Committee.

Appears in 2 contracts

Samples: Stockholders Agreement (Auster Charles), Employment Agreement (Infocrossing Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 325,000 ("Base Salary"), payable in regular installments in accordance with the Company’s 's customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 265,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (as may be adjusted, the “Base Salary”) at the annual rate of $321,000 (“Base Salary”), 500,000 payable in regular installments in accordance with the Company’s customary payment practicesPolicies. The Base Salary Board shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionannually.

Appears in 2 contracts

Samples: Employment Agreement (Meta Materials Inc.), Employment Agreement (Meta Materials Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $155,000, which shall be subject to customary withholdings and authorized deductions and be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary salary shall be subject to annual periodic review by the Board or the Compensation Committee (or similar committee) of and adjustment as the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionshall in its discretion deem appropriate.

Appears in 2 contracts

Samples: Employment Agreement (Dermata Therapeutics, Inc.), Employment Agreement (Dermata Therapeutics, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at the annual rate of $321,000 315,000 if annualized (the “Base Salary”), which shall be earned and payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Base Salary shall may be subject to annual review reviewed annually by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary Company, and may be increased (but not decreased) at their adjusted in the Board’s sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (TGC Industries Inc), Employment Agreement (Dawson Geophysical Co)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 300,000 per year or such higher rate as may be determined from time to time by the Board ("Base Salary"), payable in regular installments . Such Base Salary shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion's standard payroll practice for senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Ogden Corp), Employment Agreement (Ogden Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $395,000, which shall be subject to customary withholdings and authorized deductions and be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary salary shall be subject to annual review by periodic adjustments as the Board or and/or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but not decreased“Compensation Committee”) at shall in its/their sole discretiondiscretion deem appropriate.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Provention Bio, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)600,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Samples: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive ----------- a base salary at the annual rate of $321,000 ("Base Salary"), payable in regular equal installments in accordance with the Company’s customary payment practices's normal practice for paying base salaries to its executive employees. The Base Salary shall initially be payable at the rate of $140,710 per annum, and shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor discretionary annual increases.

Appears in 1 contract

Samples: Employment Agreement (United Water Resources Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 360,000 per annum (the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review paid in arrears in accordance with the normal payroll practices of the Company for senior executives. The Base Salary shall be reviewed by the Compensation and Incentive Committee of the Board or (the “Compensation Committee”) for possible merit increases in accordance with the policies established by the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor senior executives.

Appears in 1 contract

Samples: Employment Agreement (Omnicare Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the annual rate of $321,000 200,000.00 per annum ("Base Salary"), payable in regular installments in accordance with the Company’s customary payment 's normal payroll practices. The Such Base Salary shall be reviewed annually, and shall be subject to such annual review increases, if any, as determined by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 1 contract

Samples: Employment Agreement (Bone Care International Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $321,000 400,000 per annum, payable consistent with the Company’s standard payroll practices then in effect (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Such Base Salary shall be subject to annual review reviewed by the Board or the Compensation Committee of Advance’s Board of Directors (or similar committeehereinafter the “Compensation Committee”) of at least annually, with any changes taking into account, among other factors, the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionand individual performance.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary (the "Base Salary") at the an annual rate of $321,000 (“Base Salary”)314,449, payable in regular installments in accordance with the Company’s customary payment practices's payroll practices for management personnel, as in effect from time to time (but not less frequently than monthly). The During the Employment Period, the Base Salary shall be subject to annual review by reviewed for possible increase annually in accordance with the Board Company's normal payroll practices for management personnel. Any increase in the Base Salary shall not limit, expand or the Compensation Committee (or similar committee) reduce any other obligation of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionunder this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cardinal Health Inc)

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