Common use of Annual Salary Adjustment Clause in Contracts

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-hundred and eighty-two thousand Dollars ($182,000) payable in equal weekly installments.

Appears in 5 contracts

Samples: Agreement (Ocean Power Corp), Agreement (Ocean Power Corp), Employment Agreement (Ocean Power Corp)

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Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of oneFifty-hundred and eighty-two five thousand Dollars dollars ($182,00055,000.00) dollars payable in equal weekly installments.

Appears in 2 contracts

Samples: Agreement (Ocean Power Corp), Agreement (Ocean Power Corp)

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-hundred and eighty-two thirty thousand Dollars ($182,000130,000) payable in equal weekly installments.

Appears in 2 contracts

Samples: Agreement (Ocean Power Corp), Agreement (Ocean Power Corp)

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Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-two hundred and eighty-two forty thousand Dollars dollars ($182,000240,000.00) payable in equal weekly installments.

Appears in 1 contract

Samples: Employment Agreement (Ocean Power Corp)

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