Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Two Hundred Thirty-Nine Thousand Seven Hundred and No/100 Dollars ($250,000 per year 239,700.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors Employer at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Employer based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Ninety-Nine Thousand Six Hundred Twenty and No/100 Dollars ($250,000 per year 199,620.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors Employer at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Employer based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. During the Term, the Company shall pay the Executive an Annual Base Salary of $330,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be compensated at a base annual rate of $250,000 per year (subject to review and may be adjusted based upon the “Annual Base Salary”)Company’s normal performance review practices. Executive’s The Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, paid periodically in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with EmployerCompany’s normal payroll practicespractices and be subject to the usual, required withholdings.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 300,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base an annual rate of $250,000 per year 529,390.00 (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary which shall be payable in accordance with the Employer’s normal payroll practicespractices as are in effect from time to time. Beginning on January 1, 2016 and on each anniversary of such date, Executive’s rate of Annual Base Salary shall be reviewed by the Compensation Committee of the Board (the “Compensation Committee”), and following such review, the Annual Base Salary may be adjusted upward but in no event will it be decreased.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Three Hundred Thirty-Five Thousand Dollars ($250,000 per year 335,000) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Eighty Thousand Two Hundred Forty-Five and No/100 Dollars ($250,000 per year 180,245.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors Employer at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Employer based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Eighty-One Thousand One Hundred Twenty-Five Dollars ($250,000 per year 181,125.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors Bank at least annuallyannually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Bank based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. During the Employment Period, Executive shall be compensated at a base an annual rate of $250,000 per year 230,000 (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary which shall be payable in accordance with Employer’s the normal payroll practicespractices of the Company. Executive's rate of Annual Base Salary shall be periodically reviewed by the Board and/or the Compensation Committee of the Board (the "Compensation Committee") for increase, but in no event will it be decreased.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 375,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, annually for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an initial annual base annual rate of $250,000 per year 350,000 (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Compensation and Development Committee of Company’s board Board of directors Directors of the Company (the “Committee”) at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Committee based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with EmployerPark Sterling’s normal payroll practices.

Annual Base Salary. From the Effective Date through December 31, 2017 the Executive shall be compensated at a an annual base annual rate of $250,000 per year 360,000.00 (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Compensation and Development Committee of Company’s board Board of directors Directors of the Company (the “Committee”) at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Committee based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with EmployerPark Sterling’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of not less than One Hundred Thirty-Seven Thousand Six Hundred Ninety-Seven and No/100 Dollars ($250,000 per year 137,697.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annually, in accordance with but not more than fourteen (14) months from the compensation committee’s charter and any procedures adopted immediately preceding review, for increases, as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 270,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with EmployerBank’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Two Hundred Forty Thousand and No/100 Dollars ($250,000 per year 240,000.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annuallyannually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive Executive's compensation shall consist, in part, of an annual base salary which for calendar year 1999 shall be compensated at a $200,000, before all customary payroll deductions. Such annual base annual rate of $250,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary salary shall be payable paid in accordance with substantially equal installments and at the same intervals as other employees of Employer are paid. Employer’s normal payroll practices's Board of Directors shall consider increases in the amount of such annual base salary on not less than an annual basis, but may not reduce the annual base salary.

Annual Base Salary. Executive Executive's compensation shall consist, in part, of an annual base salary initially established at $300,000, before all customary payroll deductions, for the term of this Agreement. Such annual base salary shall be compensated paid in substantially equal installments and at a the same intervals as other employees of Employer are paid. Employer's Board of Directors shall determine any future increases in the amount of such annual base salary, but may not reduce the annual rate of $250,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practicesbase salary.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Fifty-Three Thousand Six Hundred Fifty Dollars ($250,000 per year 153,650) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors at least annuallyDirectors annually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Two Hundred Four Thousand Five Hundred Ninety Four and 00/100 Dollars ($250,000 per year 204,594) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors Employer at least annuallyannually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Four Hundred Thousand Dollars ($250,000 per year 400,000) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Employer shall pay to Executive shall be compensated at a base annual rate of $250,000 per year (the “Annual Base Salary”). Executive’s as compensation for his services an Annual Base Salary will be reviewed by of One Hundred and Seventy Thousand Dollars ($170,000) in such intervals as other salaried executives of the compensation committee of Company’s board of directors at least annually, Employer are presently paid (but in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performanceno case less frequently than monthly). Executive’s The Annual Base Salary shall be payable in accordance with Employer’s normal payroll practicespaid subject to all federal, state and local rules for payment, deduction and withholding of taxes.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Forty Eight Thousand Four Hundred Dollars ($250,000 per year 148,400) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee of Company’s board of directors at least annuallySenior Lender annually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Senior Lender based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a monthly base annual rate of Thirteen Thousand Two Hundred and No/100 Dollars ($250,000 per year 13,200) (the “Annual Monthly Base Salary”). The Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Monthly Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 257,500 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Two Hundred Eighty Thousand and No/100 Dollars ($250,000 per year 280,000.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annuallyannually for adjustments, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive shall During the Employment Term, the Executive’s compensation will be compensated at a base annual rate of Three Hundred Thousand Dollars ($250,000 300,000) per year annum (the “Annual Base Salary”). The Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable bi-monthly in accordance with Employerequal installments the same day as the Company’s normal regular payroll practicesis paid.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Three Hundred Thousand and No/100 Dollars ($250,000 per year 300,000.00) (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 230,000.00 per year (the “Annual Base Salary”). Executive’s Annual Base Salary will be reviewed by the compensation committee of the Company’s board of directors at least annually, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with EmployerBank’s normal payroll practices.

Annual Base Salary. During the Employment Period, Executive shall be compensated at a base an annual rate of $250,000 per year 145,000 (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary which shall be payable in accordance with Employer’s the normal payroll practicespractices of the Company. Executive's rate of Annual Base Salary shall be periodically reviewed by the Board and/or the Compensation Committee of the Board (the "Compensation Committee") for increase, but in no event will it be decreased.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 410,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. During the Employment Period, Executive shall be compensated at a base an annual rate of $250,000 per year 260,000 (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary which shall be payable in accordance with Employer’s the normal payroll practicespractices of the Company. Executive's rate of Annual Base Salary shall be periodically reviewed by the Board and/or the Compensation Committee of the Board (the "Compensation Committee") for increase, but in no event will it be decreased.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Four Hundred and Twenty-Five Thousand and No/100 Dollars ($250,000 per year 425,000.00) (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of not less than Two Hundred Sixty-Five Thousand Two Hundred Twenty-Five and No/100 Dollars ($250,000 per year 265,225.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annually, in accordance with but not more than fourteen (14) months from the compensation committee’s charter and any procedures adopted immediately preceding review, for increases, as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of not less than One Hundred Sixty-Five Thousand and No/100 Dollars ($250,000 per year 165,000.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annually, in accordance with but not more than fourteen (14) months from the compensation committee’s charter and any procedures adopted immediately preceding review, for increases, as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. The Company shall pay to the Executive shall be compensated at as compensation for his services provided hereunder a base annual rate salary of $250,000 280,000.00 per 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, payable in accordance with the compensation committee’s charter and any procedures adopted by Company's normal payroll procedures. The Company shall review the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual 's Base Salary annually, and in its sole discretion, may increase the Executive's Base Salary from year to year. The annual review of the Executive's salary shall be payable take into consideration competitive market practices in accordance with Employer’s normal payroll practicesaddition to evaluations of the Executive's performance.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 300,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, annually for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of One Hundred Fifty-Three Thousand Six Hundred Fifty Dollars ($250,000 per year 153,650) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annuallyannually for possible increases, in accordance with the compensation committee’s charter and any procedures adopted as determined by the compensation committee, for adjustment Board of Directors based on an evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. During the Employment Period, Executive shall be compensated at a base an annual rate of $250,000 per year 215,000 (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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary which shall be payable in accordance with Employer’s the normal payroll practicespractices of the Company. Executive’s rate of Annual Base Salary shall be periodically reviewed by the Board and/or the Compensation Committee of the Board (the “Compensation Committee”) for increase, but in no event will it be decreased.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 470,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of Two Hundred Twenty-Five Thousand and No/100 Dollars ($250,000 per year 225,000.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board of directors at least annually, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s 's Annual Base Salary shall be payable in accordance with Employer’s the Company's normal payroll practices.

Annual Base Salary. The Executive shall be compensated at a an annual base annual rate of not less than One Hundred Eighty-One Thousand Seven Hundred Seventy-Seven and No/100 Dollars ($250,000 per year 181,777.00) (the “Annual Base Salary”). The Executive’s Annual Base Salary will shall be reviewed by the compensation committee Board of Company’s board of directors Directors at least annually, in accordance with but not more than fourteen (14) months from the compensation committee’s charter and any procedures adopted immediately preceding review, for increases, as determined by the compensation committee, for adjustment Board of Directors based on an its evaluation of the Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 235,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with EmployerBank’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a an annual base annual rate of $250,000 150,000 per 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, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, annually for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with Employer’s normal payroll practices.

Annual Base Salary. Executive shall be compensated at a base annual rate of $250,000 245,000 per year (the “Annual Base Salary”). Executive’s Annual Base Salary will be reviewed by the compensation committee of Company’s board the Board of directors Directors at least annually, in accordance with the compensation committee’s charter and any procedures adopted by the compensation committee, for adjustment based on an evaluation of Executive’s performance. Executive’s Annual Base Salary shall be payable in accordance with EmployerCompany’s normal payroll practices.