Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of that is no less than $550,000 310,000 per annumannum payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices Compensation Committee on or prior to each anniversary of the Company, subject to review annually for possible increaseEffective Date during the Term and may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyEmployer, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 250,000 per annumannum (the “Annual Base Salary”), which subject to review by the Board (or the applicable committee thereof) in its sole discretion. The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 per annumannum (as increased from time to time, the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase. Such Annual Base Salary shall be reviewed (and may be increased, but not decrease, in decreased) from time to time by the Board or an authorized committee of the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at an initial rate of SEVEN HUNDRED AND FIFTY THOUSAND DOLLARS ($550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion 750,000) (the “Annual Base Salary”), payable in equal installments in accordance with the Company’s normal payroll practice for its senior executives, subject to the Executive’s continued employment with the Company.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 250,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, increase as determined by the Board in the Board’s its sole discretion (the “Annual Base Salary”). The Executive’s Annual Base Salary will be reviewed annually by the Board and the Board may, in its sole discretion, increase the Annual Base Salary considering the Executive’s performance and that of the Company.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate of $550,000 675,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 215,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, increase as determined by the Board in the Board’s its sole discretion (the “Annual Base Salary”). The Executive’s Annual Base Salary will be reviewed annually by the Board and the Board may, in its sole discretion, increase the Annual Base Salary considering the Executive’s performance and that of the Company.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 440,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, subject as it may be increased from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate initially of $550,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually Company and shall be pro-rated for possible partial years of employment. Such annual base salary shall be reviewed (and may be adjusted for increase, but not decrease) from time to time (such annual base salary, in the Board’s discretion (as it may be adjusted from time to time, the “Annual Base Salary”) by the Board or its compensation committee (“Compensation Committee”).

Annual Base Salary. During the Term, and effective as of December 31, 2007, the Executive shall receive a base salary at an initial a rate of $550,000 500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion Company (the “Annual Base Salary”). The Executive’s Annual Base Salary will be reviewed annually by the Board and the Board may, in its sole discretion and consistent with past practices, increase the Annual Base Salary considering the Executive’s performance and that of the Company.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)) of $1,500,000 payable in equal installments in accordance with the Partnership’s normal payroll practice for its senior executives, subject to the Executive’s continued active employment with the Company and the Partnership.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 500,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, subject as it may be adjusted from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion 500,000 (the “Annual Base Salary”), payable in equal installments in accordance with the Company’s normal payroll practice for its senior executives, subject to the Executive’s continued active employment with the Company.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a base salary at an initial a rate of $550,000 600,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”) of at least $450,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase), and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 50,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually Company and shall be pro-rated for possible increase, but not decrease, in the Board’s discretion partial years of employment (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, and upward adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 570,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company, subject . Such Annual Base Salary shall be reviewed from time to review annually for possible increase, but not decrease, in time by the Board or an authorized committee of the Board’s discretion (the “, provided that such Annual Base Salary”)Salary shall not be reduced.

Annual Base Salary. During the TermFrom and after May 26, 2023, the Executive shall receive a base salary at an initial a rate of $550,000 675,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 460,000 per annumannum (the "Annual Base Salary"), which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, upward adjustment as may be determined by the Board in the Board’s discretion (the “Annual Base Salary”)its discretion.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 500,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in adjustment as determined by the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate of $550,000 650,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decreasedecrease (other than any decrease that would not constitute Good Reason), in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 423,295 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, and adjustment by the Board in the Board’s its reasonable discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the Effective Date), the Executive shall receive a base salary at an initial a rate of $550,000 300,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 410,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, subject as it may be adjusted from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 560,000 per annumannum (the "Annual Base Salary"), which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, upward adjustment as may be determined by the Board in the Board’s discretion (the “Annual Base Salary”)its discretion.

Annual Base Salary. During the TermTerm of Employment, the Executive shall receive a base salary at an initial the rate of $550,000 450,000.00 per annumannum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, subject to review annually for possible increaseand, but not decreaseas applicable, in the Board and/or the Compensation Committee of the Board’s discretion (the “Annual Base Salary”), not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate of $550,000 600,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decreasedecrease (other than any decrease that would not constitute Good Reason), in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a minimum rate of $550,000 950,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review annually for possible increaseand increase by the Board (such annual base salary, but not decreaseas it may be increased from time to time, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary (the “Annual Base Salary”) at an initial a rate of $550,000 750,000 per annum, which amount shall be paid reviewed for increase not less frequently than annually. The Annual Base Salary shall be payable in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 450,000 per annumyear, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, subject as it may be adjusted from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a minimum rate of $550,000 600,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review annually for possible increaseand increase (such annual base salary, but not decreaseas it may be increased from time to time, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm of Employment, the Executive shall receive a base salary at an initial the rate of $550,000 675,000 per annumannum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company, subject to review annually for possible increase, but not decrease, in . Such Annual Base Salary shall be reviewed by the Board and/or the Compensation Committee of the Board’s discretion (the “Annual Base Salary”), not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of not less than eight hundred twenty-five thousand dollars ($550,000 825,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion Company (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a an annual base salary at an initial rate equal to $175,000 for 2002; $275,000 for 2003; $400,000 for 2004; and such amount as is determined by the compensation committee of the Board (the "Committee") thereafter. In addition, he shall receive non-incentive compensation, inclusive of a car allowance, in the amount of $550,000 2,000 per annum, which month. Such compensation and non-incentive compensation shall be paid in accordance with the customary payroll practices Company's regular schedule for payment of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)salaried employees.

Annual Base Salary. During the Term, the The Executive shall receive a base an annual salary at an initial rate (“Annual Base Salary”) of $550,000 per annum400,000 between April 11, 2008 and April 11, 2010, which shall be paid in accordance with equal or substantially equal semi-monthly installments (i.e. $16,666.67 semi-monthly). During the customary payroll practices Term of this Agreement, the Annual Base Salary payable to the Executive shall be reviewed at least annually and may be increased at the sole discretion of the Company, subject to review annually for possible increase, Compensation Committee of the Board but shall not decrease, in the Board’s discretion (the “Annual Base Salary”)be reduced.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 250,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of five hundred ten thousand dollars ($550,000 510,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to annual review annually for and possible increase, increase (but not decrease, ) as determined by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 425,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, subject as it may be increased from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at an initial rate of FIVE HUNDRED THOUSAND DOLLARS ($550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion 500,000) (the “Annual Base Salary”), payable in equal installments in accordance with the Company’s normal payroll practice for its senior executives, subject to the Executive’s continued employment with the Company.

Annual Base Salary. During the TermEmployment Period, the Company shall pay the Executive shall receive a base salary at an initial rate of $550,000 400,000 per annumeach fiscal year, which shall be paid in accordance installments consistent with the customary Company's regular payroll practices of the Company, subject applicable to senior executive officers. The Company shall review such base salary annually for possible increase, but not decrease, and may in the Board’s its discretion (the “Annual Base Salary”)increase such base salary.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, subject the “Board”) (such annual base salary, as it may be adjusted from time to review annually for possible increasetime, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of that is no less than $550,000 280,000 per annumannum payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices Compensation Committee on or prior to each anniversary of the Company, subject to review annually for possible increaseEffective Date during the Term and may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 640,000 per annum, which shall be paid in accordance with the customary payroll practices of the CompanyEmployer, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of $550,000 370,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 515,001 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, and upward adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 650,000 per annumannum in 2023, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward without Executive’s written consent, adjustment from the rate approved by the Compensation Committee in the Board’s its sole discretion each year (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of at least $550,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (as it may be increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of not less than Two Hundred Fifty Thousand Dollars ($550,000 250,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion Company (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of that is no less than $550,000 350,000 per annumannum payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices Compensation Committee on or prior to each anniversary of the Company, subject to review annually for possible increaseEffective Date during the Term and may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the Effective Date), the Executive shall receive a base salary at an initial a rate of $550,000 330,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, but prior to the Effective Date, the Executive shall receive a base salary at an initial a rate of six hundred seventy-five thousand dollars ($550,000 675,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to annual review annually for and possible increase, increase (but not decrease, ) as determined by the Board in the Board’s its sole discretion (the “Annual Base Salary”). As of the Effective Date, the Executive’s Annual Base Salary shall be increased to one million dollars ($1,000,000).

Annual Base Salary. During the Term, the The Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with an initial annual base salary of two hundred and eighty-six thousand dollars ($286,000.00). On an annual basis, the customary payroll practices of Executive’s performance shall be evaluated by the CompanyBoard which may change the Executive’s annual base salary, subject to review annually for possible increase, but not decreaseif, in the Board’s their absolute discretion (the “Annual Base Salary”)and judgment, any such change is warranted.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 300,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in increase as determined by the Board’s discretion Compensation Committee (the “"Annual Base Salary”"). The Executive's Annual Base Salary shall be reviewed by the Compensation Committee annually, beginning for the fiscal year that commences on April 1, 2004.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 750,000 per annumannum (as increased from time to time, the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase. Such Annual Base Salary shall be reviewed (and may be increased, but not decrease, in decreased) from time to time by the Board or an authorized committee of the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 575,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in increase as determined by the Board’s discretion Compensation Committee (the “Annual Base Salary”). The Executive’s Annual Base Salary shall be reviewed by the Compensation Committee annually, beginning for the fiscal year that commences on April 1, 2007.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate as of the Effective Date of $550,000 1,500,000 per annum, and which shall be paid in accordance with the customary payroll practices of the CompanyCompany (as increased from time to time, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”). The rate of the Annual Base Salary shall be reviewed annually by the Compensation Committee and may be increased, but not decreased, upon such review.

Annual Base Salary. During the TermTerm while Executive is employed by the Company, the Executive shall receive a base salary at an initial a rate of Four Hundred Thousand Dollars ($550,000 400,000) per annum, which shall be paid in accordance with the customary payroll practices of the CompanyCompany (such annual base salary, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”), subject to withholding for applicable taxes and other amounts.

Annual Base Salary. During the Term, the Executive shall receive a an annual base salary at an initial rate equal to $137,500 for 2002; $168,000 for 2003; $200,000 for 2004; and such amount as is determined by the compensation committee of the Board (the "Committee") thereafter. In addition, he shall receive non-incentive compensation, inclusive of a car allowance, in the amount of $550,000 1,500 per annum, which month. Such compensation and non-incentive compensation shall be paid in accordance with the customary payroll practices Company's regular schedule for payment of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)salaried employees.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate of $550,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually every 20-24 months for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate as of the Effective Date of $550,000 1,625,000 per annum, and which shall be paid in accordance with the customary payroll practices of the CompanyCompany (as increased from time to time, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”). The rate of the Annual Base Salary shall be reviewed annually by the Compensation Committee and may be increased, but not decreased, upon such review.

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion 750,000 (the “Annual Base Salary”), payable in equal installments in accordance with the Company’s normal payroll practice for its senior executives, subject to the Executive’s continued active employment with the Company.

Annual Base Salary. During the Employment Term, the Executive shall be entitled to receive a an annual base salary at an initial rate ("Annual Base Salary") of no less than $550,000 per annum, which 450,000. The Annual Base Salary shall be paid payable in installments no less frequently than monthly, and shall be in accordance with the customary Company's normal payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)practices.

Annual Base Salary. During the TermWhile employed hereunder, the Executive shall receive a Executive’s annual base salary at an initial rate of $550,000 per annum, which shall be paid $525,000 (“Base Salary”), payable in equal installments in accordance with the customary Company’s standard payroll practices of the Company, practices. Executive’s Base Salary shall be subject to review at least annually for possible increaseby the CEO and Compensation Committee of the Board (the “Compensation Committee”), but not decreaseand changes shall be made, if at all, in the BoardCEO’s discretion (and the “Annual Base Salary”)Compensation Committee’s sole discretion.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of six hundred and fifty thousand dollars ($550,000 650,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion Company (the “Annual Base Salary”), effective as of May 1, 2023. For the period prior to May 1, 2023, Executive’s Annual Base Salary shall be at the rate in effect under the Prior Agreement. The Board shall review Executive’s Annual Base Salary no less frequently than annually for increase from time to time in its sole discretion.

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the Effective Date), the Executive shall receive a base salary at an initial a rate of $550,000 380,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of $550,000 360,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of $550,000 480,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at an initial rate of SEVEN HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion 750,000.00) (the “Annual Base Salary”), payable in equal installments in accordance with the Company’s normal payroll practice for its senior executives, subject to the Executive’s continued employment with the Company.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 350,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the TermTerm of Employment, the Executive shall receive a base salary at an initial the rate of $550,000 per annumannum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company, subject to review annually for possible increase, but not decrease, in . Such Annual Base Salary shall be reviewed by the Board’s discretion (the “Annual Base Salary”), not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).. (b)

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of $550,000 585,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial the rate of $550,000 506,760 per annumyear (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company, subject to review annually for possible increase, but not decrease, in . Such Annual Base Salary shall be reviewed by the Board’s discretion (the “Annual Base Salary”), not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 415,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the The Executive shall receive a base salary at an initial the rate of $550,000 515,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion Company (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of five hundred seventy five thousand dollars ($550,000 575,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand adjustment in accordance with the Company’s or TMHC’s compensation policies and practices, but not decrease, in the Board’s discretion overall financial condition and other business factors (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of one million dollars ($550,000 1,000,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand adjustment in accordance with the Company’s or TMHC’s compensation policies and practices, but not decrease, in the Board’s discretion overall financial condition and other business factors (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 625,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, increase as determined by the Board in the Board’s its sole discretion (the “Annual Base Salary”). Any such increased amount shall thereafter be the Executive’s “Annual Base Salary” for all purposes hereunder.

Annual Base Salary. During the Term, the Executive shall receive a an annual base salary at an initial rate equal to $225,000 for 2002; $350,000 for 2003; $500,000 for 2004; and such amount as is determined by the compensation committee of the Board (the "Committee") thereafter. In addition, he shall receive non-incentive compensation, inclusive of a car allowance, in the amount of $550,000 2,000 per annum, which month. Such compensation and non-incentive compensation shall be paid in accordance with the customary payroll practices Company's regular schedule for payment of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)salaried employees.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 450,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed and may be adjusted from time to time by the board of directors of the Company or an authorized committee thereof, subject to review annually for possible increase(in any case, but not decrease, in the Board’s discretion (the “Board”), provided that the Annual Base Salary”)Salary may not be decreased without Executive’s consent.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 765,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, any increase as determined by the Compensation Committee in the Board’s its sole discretion (the “Annual Base Salary”). Annual Base Salary may be increased, but not decreased, from time to time by the Board.

Annual Base Salary. During the TermTerm (commencing as of the first month following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of $550,000 1,000,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company, subject to review Compensation Committee annually for possible increaseand may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial rate in the amount of Three Hundred Thousand and No/100 Dollars ($550,000 300,000.00) per annum, which annum (the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board (or the applicable committee thereof) in the Board’s discretion (the “Annual Base Salary”)its sole discretion.

Annual Base Salary. During the Term, the The Executive shall receive a base salary ("Annual Base Salary") at an initial a rate of $550,000 137,500 per annum, which shall be paid payable in accordance with the customary Company's payroll practices of the Company, subject to review annually practice for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)senior executives.

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the date of this Agreement), the Executive shall receive a base salary at an initial a rate of that is no less than $550,000 500,000 per annumannum payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices Compensation Committee on or prior to each anniversary of the Company, subject to review annually for possible increaseEffective Date during the Term and may be increased, but not decreasedecreased, in the Board’s discretion upon such review (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 £160,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, and adjustment by the Board in the Board’s its reasonable discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 350,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward without Executive’s written consent, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 310,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (the “Annual Base Salary”).. (b)

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 per £168,047per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, and adjustment by the Board in the Board’s its reasonable discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 340,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 475,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed and may be adjusted from time to time by the board of directors of the Company or an authorized committee thereof, subject to review annually for possible increase(in any case, but not decrease, in the Board’s discretion (the “Board”), provided that the Annual Base Salary”)Salary may not be decreased without Executive’s consent.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of $550,000 475,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increaseand upward, but not decreasedownward, adjustment by the Board in the Board’s its sole discretion (the “Annual Base Salary”).

Annual Base Salary. During the Term, Term the Executive shall receive a base salary at an initial a rate of $550,000 three hundred seventy-five thousand dollars ($ 375,000) per annum, which subject to increase as determined by the Compensation Committee ("ANNUAL BASE SALARY"). The Executive's salary shall be paid payable in accordance with the customary Company's normal payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”)procedures.

Annual Base Salary. During the Term, the Executive shall receive a base salary at an initial a rate of at least $550,000 570,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, by the Board in the Board’s its sole discretion (as it may be increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”) of at least $550,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase), and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.