Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000400,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement450,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent ), and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000750,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary in the amount of $325,000.00 less applicable deductions under federal, state and local laws (the “Annual Base Salary”) ), paid in accordance with the customary payroll practices of the Company. The Board, in its discretion, may at least $650,000, which shall be subject to annual review and increase. No increase in any time change the amount of the Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent greater amount as it may deem appropriate, and the term “Annual Base Salary,” as used in this Agreement, shall refer to the Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as it may so increasedbe changed.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000275,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000595,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of at least no less than $650,000305,000, which shall be subject to annual review less applicable withholding and increasepayroll deductions, payable in accordance with the Company’s regular payroll practices. No increase in The Annual Base Salary shall limit or reduce will be reviewed at least annually by the Compensation and Management Development Committee of the Board (the “Compensation Committee”) for increase but not decrease, provided that there is no guarantee that any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such annual review will result in an increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of at least no less than $650,000250,000, which shall be subject to annual review less applicable withholding and increasepayroll deductions, payable in accordance with the Company’s regular payroll practices. No increase in The Annual Base Salary shall limit or reduce will be reviewed at least annually by the Compensation and Management Development Committee of the Board (the “Compensation Committee”) for increase but not decrease, provided that there is no guarantee that any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such annual review will result in an increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject to annual review and increase500,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000750,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000270,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) at a rate of at least $650,000400,000.00, which payable in accordance with the Company’s normal payroll policies. The Executive’s Annual Base Salary shall be prorated for 2010 and for any other partial year of employment during the Employment Period based upon the portion of the year that the Executive is employed by the Company. The Executive’s Annual Base Salary shall be subject to annual review and increase. No for increase in Annual Base Salary shall limit the sole discretion of the Board (or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increaseda committee thereof).

Annual Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement550,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent ), 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,0001,100,000, which shall be subject to annual review and increaseeffective March 1, 2008. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , 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 Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") at the rate of at least $650,000, which shall be subject 1,389,150 per annum payable in accordance with the Company's normal payroll practices in effect from time to annual review and increasetime. No increase in The then Annual Base Salary shall limit be increased by 5% (or reduce any other right of or obligation to such greater amount as the Executive under this AgreementBoard may determine) on December 30, 1998 and on each anniversary thereof during the Employment Period. Once increased, Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term decreased. The Annual Base Salary Salary, as utilized in this Agreement increased, shall refer be deemed to be the new Annual Base Salary as so increasedSalary.

Annual Base Salary. During Effective immediately, and ------------------ during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000275,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject to annual review and increase350,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment PeriodTerm, the Executive shall receive an Executive’s annual base salary salary, payable in pro-rata installments not less often than monthly, will be at the annual rate of not less than $1,200,000 (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase). No increase in If Annual Base Salary shall limit or reduce any other right of or obligation to is increased during the Executive Term, then such adjusted salary will thereafter be the Annual Base Salary for all purposes under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement950,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent ), 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000709,800, which shall be subject to annual review and increase, consistent with increases given to other senior executives of the Company. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During Effective January 1, 1999, a nd during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject to annual review and increase375,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000189,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000715,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Commencing on the effective date hereof and during the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) Salary of at least $650,000, which 300,000 to be paid in accordance with established Company payroll policy. The Annual Base Salary shall be subject to annual review and increasereviewed in accordance with established Company policy for Executive Vice Presidents. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of obligation which is or obligation may be owed to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increasedincrease thereof.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000300,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase400,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000500,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000450,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective January 1, 1999, and during the Employment Period, the th Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000425,000 which will increase effective May 1, which shall be subject 2000 to annual review and increase$525,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") at a rate of at least $650,0001.2 million, which shall be subject to annual review and increasepayable in accordance with the Company's normal payroll policies. No increase in The Executive's Annual Base Salary shall limit or reduce any other right of or obligation be reviewed for increase at least annually by the Board pursuant to the Executive under this Agreementits normal performance review policies for senior executives. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary the Executive's annual base salary as so increasedthen in effect.

Annual Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of at least no less than $650,000975,000, which shall be subject to annual review less applicable withholding and increasepayroll deductions, payable in accordance with the Company’s regular payroll practices. No increase in The Annual Base Salary shall limit or reduce will be reviewed by the Compensation Committee for increase but not decrease, provided that there is no guarantee that any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such annual review will result in an increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000900,000, which shall be subject to annual review and increaseeffective March 31, 2003. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“as in effect from time to time, the "Annual Base Salary”") of at least $650,000600,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to be payable in regular installments in accordance with the Executive under this AgreementCompany's general payroll practices. The Annual Base Salary shall not will be reduced at any time (including after any such increase) without subject to periodical review and may be increased in accordance with Company policy. Once increased, the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increasedcannot be decreased.

Annual Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement_________. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent ), 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,0001,122,000, which shall be subject to annual review and increaseeffective March 1, 2013. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , 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 Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of at least no less than $650,000300,000, which shall be subject to annual review and increasepayable in accordance with the Company’s regular payroll practices. No increase in The Annual Base Salary shall limit or reduce any other right be reviewed at least annually by the CEO for possible increase, as determined in the discretion of or obligation to the Executive under this AgreementCEO. The term “Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary Salary” as utilized used in this Agreement shall refer to the Annual Base Salary as it may be so increasedadjusted from time to time.

Annual Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") at the rate of at least $650,000, which shall be subject 781,396.88 per annum payable in accordance with the Company's normal payroll practices in effect from time to annual review and increasetime. No increase in The then Annual Base Salary shall limit be increased by 5% (or reduce any other right of or obligation to such greater amount as the Executive under this AgreementBoard may determine) on December 30, 1998 and on each anniversary thereof during the Employment Period. Once increased, Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term decreased. The Annual Base Salary Salary, as utilized in this Agreement increased, shall refer be deemed to be the new Annual Base Salary as so increasedSalary.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000506,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and ------------------ during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000595,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject 900,000 or such higher annual base salary that is paid to annual review and increasethe Company's Chief Executive Officer if the Executive is not serving in that position. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000950,000, which shall be subject to annual review and increaseeffective March 1, 2005. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , 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 Employment Period, the The Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject to annual review and increase550,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary in the amount of $275,000.00 less applicable deductions under federal, state and local laws (the “Annual Base Salary”) ), paid in accordance with the customary payroll practices of the Company. The Board, in its discretion, may at least $650,000, which shall be subject to annual review and increase. No increase in any time change the amount of the Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent greater amount as it may deem appropriate, and the term “Annual Base Salary,” as used in this Agreement, shall refer to the Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as it may so increasedbe changed.

Annual Base Salary. During the Employment Initial Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000900,000. Thereafter, which the Executive shall be subject to annual review and increasereceive an amount determined by the Board, but no less than his final Annual Base Salary as Chief Executive Officer. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to the Executive under this Agreement1,000,000.00. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent ), and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During Effective January 1, 1999, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, 450,000 which shall be subject increase effective May 1, 2000 to annual review and increase$575,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after fter any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (as in effect from time to time, the “Annual Base Salary”) of at least $650,000600,000, which shall be subject to annual review and increase. No increase in Annual Base Salary shall limit or reduce any other right of or obligation to be payable in regular installments in accordance with the Executive under this AgreementCompany’s general payroll practices. The Annual Base Salary shall not will be reduced at any time (including after any such increase) without subject to periodical review and may be increased in accordance with Company policy. Once increased, the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increasedcannot be decreased.

Annual Base Salary. During the Employment Period, the The Executive shall receive an annual base salary of not less than during the Term of Employment (the annual base salary in effect from time to time being referred to as “Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increase). No increase in The Annual Base Salary shall limit or reduce any other right be payable in accordance with the Company’s regular payroll practice for senior officers of or obligation the Company, as in effect from time to the Executive under this Agreementtime. The Annual Base Salary shall be reviewed from time to time, and, in the sole discretion of the CEO, may be adjusted but may not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increaseddecreased below per annum.

Annual Base Salary. During Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000260,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000, which shall be subject to annual review and increase900,000. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Effective immediately, and during the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of at least $650,000165,000, the competitiveness of which shall be subject to annual review periodically reviewed and increaseadjusted in accordance with Company policy. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent 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 Employment Period, the The Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000, which shall be subject to annual review and increaseeffective March 31, 2003. No Any increase in Annual Base Salary shall not serve to limit or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent , 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of at least $650,000215,000.00, which payable in accordance with the Company’s normal payroll policies. The Executive’s Annual Base Salary shall be prorated for 2011 and for any other partial year of employment during the Employment Period based upon the portion of the year that the Executive is employed by the Company. The Executive’s Annual Base Salary shall be subject to annual review and increase. No for increase in Annual Base Salary shall limit the sole discretion of the Board of Directors (or reduce any other right of or obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced at any time (including after any such increase) without the Executive’s written consent and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increaseda committee thereof).