Annual Salary. Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.
Annual Salary. An annual salary equal to the annual salary in effect as of the Change in Control. The annual salary shall be payable in installments in accordance with the Company's usual payroll method. The annual salary shall not be reduced during the Contract Period.
Annual Salary. During the term of this Agreement and for all services rendered by Employee under this Agreement, the Company will pay Employee a base salary of One Hundred and Seventy-Five Thousand Dollars ($175,000.00) per annum in equal bi-monthly installments. Employee will also be entitled to earn a short term incentive compensation as further outlined in Exhibit D.
Annual Salary. The Annual Salary will be payable in accordance with the payroll policies of the Company in effect from time to time, but in no event less frequently than twice each month, less any deductions required to be withheld by applicable law and less any voluntary deductions made by Executive.
Annual Salary. During the employment of Executive, the Company ------------- shall pay to Executive a base salary at the annual rate of $250,000 (the "Base Salary"). The Base Salary shall be payable in substantially equal semi-monthly installments.
Annual Salary. The Company shall pay to the Executive an annual salary at a rate of not less than one hundred thirty thousand dollars ($130,000) per year (the "Annual Salary"), subject to increase at the sole discretion of the Board of Directors of the Company (the "Board"). The Annual Salary shall be payable in accordance with the payroll policies of the Company as from time to time in effect, but in no event less frequently than once each month, less such deductions as shall be required to be withheld by applicable law and regulations.
Annual Salary. As compensation for his services hereunder, Employee shall be paid a salary at the rate of One Hundred Twenty Thousand and 00/100 Dollars ($120,000.00) per year from the Commencement Date. Salary shall be paid in equal installments not less frequently than twice each month.
Annual Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the rate of Two Hundred Twenty Five Thousand Dollars ($225,000) per year (the "Annual Salary"), payable in substantially equal biweekly installments. The Company will review annually and may, in the sole discretion of the Board of Directors of the Company, increase such base salary in light of the Executive's performance, inflation in cost of living or other factors.
Annual Salary. As compensation for services to be rendered under this Agreement, the Company shall pay the Executive a salary (the “Annual Salary”), subject to such increases as the Board of Directors may, in its discretion, approve, at a rate of $245,000.00 per annum. The Executive shall also be eligible, during the Employment Term, to receive such other compensation, whether in the form of cash bonuses, incentive compensation, stock options, stock appreciation rights, restricted stock awards or otherwise (collectively, the “Additional Compensation”), as the Board of Directors (or any committee of the Board) may, in its discretion, approve. The Annual Salary and the Additional Compensation shall be payable in accordance with the applicable payroll and/or other compensation policies and plans of the Company as in effect from time to time during the Employment Term, less such deductions as shall be required to be withheld by applicable law and regulations.
Annual Salary. During the Term hereof, the Company shall pay to Executive a base established by the Board which for the first year of the Term shall be not less than the highest annual salary rate of the Executive for the past three years. Executive's salary will be reviewed by the Board at the beginning of each of its fiscal years and, in the sole discretion of the Board, may be increased for such year; provided, however, that following a Change in Control, the base salary shall be increased annually by a percentage at least equal to the average annual increase over the past three years.