Common use of 1Base Salary Clause in Contracts

1Base Salary. During the Employment Term, the Employee shall be paid an annual base salary (“Base Salary”) in the amount of $422,000.00, payable in accordance with the Company’s payroll practices. Base Salary is subject to increase, from time to time, in the sole and absolute discretion of the Board.

Appears in 1 contract

Sources: Employment Agreement (22nd Century Group, Inc.)

1Base Salary. During the Employment Term, the Employee shall be paid an annual base salary (“Base Salary”) in the amount of $422,000.00425,000, payable in accordance with the Company’s payroll practices. Base Salary is subject to increase, from time to time, in the sole and absolute discretion of the Board.. ​

Appears in 1 contract

Sources: Employment Agreement (22nd Century Group, Inc.)

1Base Salary. During the Employment Term, the The Employee shall be paid an annual base salary of US$310,000, commencing on the Effective Date (the “Base Salary”) ). The Base Salary will be paid in equal installments pursuant to the amount of $422,000.00, payable in accordance with payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s payroll practices. Base Salary is at its discretion as required by business conditions, subject to increase, from time to time, in the sole and absolute discretion of the BoardSection 7.3 herein.

Appears in 1 contract

Sources: Employment Agreement (Rare Element Resources LTD)

1Base Salary. During the Employment Term, the The Employee shall be paid an annual base salary of US$250,000, commencing on the Effective Date (the “Base Salary”) ). The Base Salary will be paid in equal installments pursuant to the amount of $422,000.00, payable in accordance with payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s payroll practices. Base Salary is subject to increase, from time to time, in the sole and absolute at its discretion of the Boardas required by business conditions.

Appears in 1 contract

Sources: Employment Agreement (Rare Element Resources LTD)

1Base Salary. During the Employment Term, the The Employee shall be paid an annual base salary of US$215,000, commencing on the Effective Date (the “Base Salary”) ). The Base Salary will be paid in equal installments pursuant to the amount of $422,000.00, payable in accordance with payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s payroll practices. Base Salary is subject to increase, from time to time, in the sole and absolute at its discretion of the Boardas required by business conditions.

Appears in 1 contract

Sources: Employment Agreement (Rare Element Resources LTD)