Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 4 contracts

Samples: Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (MGO Global Inc.)

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Annual Base Salary. With respect to the Employment Period, the Company shall pay to the Executive shall receive a an annual base salary at the rate of $250,000 400,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary Company's regular payroll practices and procedures of the Companypractices. Such Annual Base Salary The annual base salary shall be reviewed by periodically in accordance with guidelines applicable to the Board’s Compensation Committee not less than annually and may be adjusted from time to timeCompany's senior executives generally.

Appears in 3 contracts

Samples: Employment Agreement (True North Communications Inc), Employment Agreement (True North Communications Inc), Employment Agreement (True North Communications Inc)

Annual Base Salary. The Executive shall receive a be compensated at an annual base salary at the rate of Three Hundred Twenty-Five Thousand and No/100 Dollars ($250,000 per annum 325,000.00) (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Executive’s Annual Base Salary shall be reviewed by the BoardBoard of Directors at least annually for adjustments, as determined by the Board of Directors based on an evaluation of the Executive’s Compensation Committee not less than annually and may performance. The Executive’s Annual Base Salary shall be adjusted from time to timepayable in accordance with the Employer’s normal payroll practices.

Appears in 3 contracts

Samples: Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn)

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $250,000 350,000 per annum annum, which shall be paid in accordance with the customary payroll practices of the Company 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, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 3 contracts

Samples: Employment Agreement (Sight Sciences, Inc.), Employment Agreement (Sight Sciences, Inc.), Employment Agreement (Sight Sciences, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 per annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions 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, and as applicable, the Board of Directors of the Company (the “Board’s Compensation Committee ”), not less than annually annually, and may be adjusted from time to timeincreased, but not decreased, in connection with any such review.

Appears in 2 contracts

Samples: Employment Agreement (Tyra Biosciences, Inc.), Employment Agreement (Tyra Biosciences, Inc.)

Annual Base Salary. Executive shall receive a Executive’s annual base salary at the rate of shall be $250,000 260,000 per annum year (the “Annual Base Salary”), subject to withholdings and payable in equal installments, less applicable deductions and which shall be paid to Executive withholdings, in accordance with the customary Company’s standard payroll practices and procedures of the Companypractices. Such Executive’s Annual Base Salary shall be reviewed subject to review by the BoardCompany’s Compensation Committee not less than annually and may be adjusted increased or decreased, from time to time.

Appears in 2 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 300,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 2 contracts

Samples: Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (Iremedy Healthcare Companies, Inc.)

Annual Base Salary. Executive shall receive a base salary be compensated at the an annual rate of $250,000 per annum 529,390.00 (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive payable in accordance with the customary Employer’s normal payroll practices as are in effect from time to time. Beginning on January 1, 2016 and procedures on each anniversary of the Company. Such such date, Executive’s rate of Annual Base Salary shall be reviewed by the Board’s Compensation Committee not less than annually of the Board (the “Compensation Committee”), and following such review, the Annual Base Salary may be adjusted from time to timeupward but in no event will it be decreased.

Appears in 2 contracts

Samples: Transitional Employment Agreement (Midland States Bancorp, Inc.), Transitional Employment Agreement (Midland States Bancorp, Inc.)

Annual Base Salary. Executive shall receive be compensated at a base salary at the annual rate of $250,000 300,000 per annum year (the “Annual Base Salary”). Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of the CompanyExecutive’s performance. Such Executive’s Annual Base Salary shall be reviewed by the Boardpayable in accordance with Employer’s Compensation Committee not less than annually and may be adjusted from time to timenormal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Reliant Bancorp, Inc.), Employment Agreement (Reliant Bancorp, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 900,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee Company not less often than annually annually, and may be adjusted from time to time.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Bebe Stores, Inc.)

Annual Base Salary. Executive shall receive be compensated at a base salary at the annual rate of $250,000 per annum year (the “Annual Base Salary”). Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of the CompanyExecutive’s performance. Such Executive’s Annual Base Salary shall be reviewed by the Boardpayable in accordance with Employer’s Compensation Committee not less than annually and may be adjusted from time to timenormal payroll practices.

Appears in 2 contracts

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

Annual Base Salary. The Executive shall receive be paid a base salary at the annual base rate of Five Hundred Ten Thousand and No/100 Dollars ($250,000 per annum 510,000) (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Executive’s Annual Base Salary shall be reviewed by the BoardBoard of Directors annually for potential increases, as determined by the Board of Directors based on its evaluation of the Executive’s Compensation Committee not less than annually and may performance. The Executive’s Annual Base Salary shall be adjusted from time to timepayable in accordance with the Bank’s normal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 130,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 2 contracts

Samples: Executive Employment Agreement (MGO Global Inc.), Executive Employment Agreement (MGO Global Inc.)

Annual Base Salary. The Executive shall receive be paid a base salary at the annual base rate of Three Hundred Sixty Thousand and No/100 Dollars ($250,000 per annum 360,000) (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Executive’s Annual Base Salary shall be reviewed by the BoardBoard of Directors annually for potential increases, as determined by the Board of Directors based on its evaluation of the Executive’s Compensation Committee not less than annually and may performance. The Executive’s Annual Base Salary shall be adjusted from time to timepayable in accordance with the Bank’s normal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 230,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (SharpLink Gaming, Inc.)

Annual Base Salary. The Executive shall receive a an annual base salary at of not less than during the rate Term of $250,000 per annum Employment (the annual base salary in effect from time to time being referred to as “Annual Base Salary”), subject to withholdings and deductions and which . The Annual Base Salary shall be paid to Executive payable in accordance with the customary Company’s regular payroll practices and procedures practice for senior officers of the Company, as in effect from time to time. Such The Annual Base Salary shall be reviewed by the Board’s Compensation Committee not less than annually and may be adjusted from time to time, and, in the sole discretion of the CEO, may be adjusted but may not be decreased below per annum.

Appears in 1 contract

Samples: Employment Agreement (Aspen Insurance Holdings LTD)

Annual Base Salary. Effective as of the Amendment Effective Date, Executive shall receive a base salary at the a rate of six hundred and twenty-five thousand dollars ($250,000 625,000) per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted Board from time to time.time but no less frequently than annually. (b)

Appears in 1 contract

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

Annual Base Salary. Executive shall receive a base salary at the a rate of $250,000 per annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions and which . The Annual Base Salary 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Employment Agreement (Sorrento Therapeutics, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 285,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (SharpLink Gaming, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 108,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company as outlined in the Company’s Employee Handbook. Such Annual Base Salary shall be reviewed by the Board’s Compensation Committee Company initially after six months and thereafter, not less often than annually annually, and may be adjusted from time to time.

Appears in 1 contract

Samples: Employment Agreement (Medijane Holdings Inc.)

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Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 325,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 275,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $250,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Annual Base Salary shall will be reviewed by from time to time in accordance with the Board’s Compensation Committee not less than annually established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted from time to timein the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Skilled Healthcare Group, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 180,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

Annual Base Salary. The Executive shall receive be paid a base salary (“Annual Base Salary”) at the rate of $250,000 285,000 per annum (the “annum. The Executive’s Annual Base Salary”), subject to withholdings and deductions and which shall Salary will be paid to Executive in accordance with the customary Company’s regular payroll practices and procedures applicable to its executive officers, as established from time to time. The rate of the Company. Such Annual Base Salary shall be reviewed by the Board’s Compensation Committee not less than at least annually and may be adjusted from time to timeincreased but not decreased.

Appears in 1 contract

Samples: Employment Agreement (Rinker Group LTD)

Annual Base Salary. The Executive shall receive be paid a base salary at the annual base rate of Three Hundred Sixty Thousand Dollars ($250,000 per annum 360,000) (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Executive’s Annual Base Salary shall be reviewed by the BoardBoard of Directors annually for potential adjustments, as determined by the Board of Directors based on its evaluation of the Executive’s Compensation Committee not less than annually and may performance. The Executive’s Annual Base Salary shall be adjusted from time to timepayable in accordance with the Employer’s normal payroll practices.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nicolet Bankshares Inc)

Annual Base Salary. Executive shall receive a base salary at the a rate of $250,000 280,000 per annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions and which . The Annual Base Salary 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 Board’s Compensation Committee not less than annually (and may be adjusted adjusted) from time to timetime by the Board or an authorized committee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Sorrento Therapeutics, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 110,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee Company not less often than annually annually, and may be adjusted from time to time.

Appears in 1 contract

Samples: Employment Agreement (Surge Holdings, Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $250,000 144,000 per annum (the “Annual Base Salary”), subject to withholdings and deductions and 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 Board’s Compensation Committee not less than annually and may be adjusted from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (MGO Global Inc.)

Annual Base Salary. Executive shall receive a base salary at the rate of $20,833.33 per month ($250,000 per annum on an annualized basis) (as may be adjusted and in effect from time to time, the “Annual Base Salary”), subject to withholdings and deductions 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 Board’s Compensation Committee not less than annually and may be adjusted Board from time to timetime and is subject to such adjustments as determined necessary or appropriate by the Board.

Appears in 1 contract

Samples: Employment Agreement (Oncorus, Inc.)

Annual Base Salary. Executive shall receive a Executive’s base salary at the rate of shall be $250,000 353,800 per annum year (the “Annual Base Salary”), subject which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to withholdings and deductions and which the Executive during any Continuation Period shall be paid to Executive payable in accordance with the customary Company’s standard payroll practices and procedures of the Company. Such Annual Base Salary policies (unless otherwise expressly provided herein) and shall be reviewed subject to such withholdings as required by the Board’s Compensation Committee not less than annually and may be adjusted from time to timelaw or as otherwise permissible under such practices or policies.

Appears in 1 contract

Samples: Agreement (Stein Mart Inc)

Annual Base Salary. The Executive shall receive be paid a base salary (“Annual Base Salary”) at the rate of $250,000 260,000 per annum (the “annum. The Executive’s Annual Base Salary”), subject to withholdings and deductions and which shall Salary will be paid to Executive in accordance with the customary Company’s regular payroll practices and procedures applicable to its executive officers, as established from time to time. The rate of the Company. Such Annual Base Salary shall be reviewed by the Board’s Compensation Committee not less than at least annually and may be adjusted from time to timeincreased but not decreased.

Appears in 1 contract

Samples: Employment Agreement (Rinker Group LTD)

Annual Base Salary. Executive shall receive a base salary at the a rate of $250,000 262,500 per annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions and which . The Annual Base Salary 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 Board’s Compensation Committee not less than annually (and may be adjusted adjusted) from time to timetime by the Board or an authorized committee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Sorrento Therapeutics, Inc.)

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