Base and Incentive Compensation. For and in consideration of the transportation services, facilities and other services to be provided by Contractor hereunder, Continental shall pay Contractor the base and incentive compensation as provided in Paragraph A of Schedule 3 hereto, subject to the terms and conditions set forth in this Article III.
Base and Incentive Compensation. During the term of this Agreement, Executive shall be entitled to an annual base salary equal to not less than $88,500 per year. Executive's annual salary will be reviewed annually by the Board of Directors of Employer on the basis of his performance to such date and the progress of Employer and shall be increased as of such date if so determined by the Board in its absolute discretion. The Board of Directors may also increase Executive's compensation at any other time, in its absolute discretion. Executive shall also be entitled to receive incentive compensation which compensation shall be calculated in accordance with the provisions of Employer's incentive compensation plan, as in effect from time to time. Executive's base salary shall be payable periodically according to the normal practice of Employer and his incentive compensation shall be payable as earned in accordance with the provisions of Employer's incentive compensation plan.
Base and Incentive Compensation. Section 3.02 Periodic Adjustment of Base and Incentive Compensation Section 3.03 Contractor Expenses
Base and Incentive Compensation. The following provisions shall apply for all applicable periods through December 31, 2004:
Base and Incentive Compensation. (a) During the term of this Agreement, Executive shall be entitled to an annual base salary equal to not less than current year base salary per year. Executive’s annual salary will be reviewed annually by the Board of Directors of Employer on the basis of his or her performance to such date and the progress of Employer and shall be increased as of such date if so determined by the Board in its absolute discretion. The Board of Directors may also increase Executive’s compensation at any other time, in its absolute discretion.
Base and Incentive Compensation. During the term of this Agreement, beginning November 1, 2002, Bank (and not Hanmi Financial Corporation) agrees to pay Employee a base salary (the "Base Salary") at the annual rate of $250,000.00, less withholdings for his services as President and Chief Executive Officer of the Bank and Hanmi
Base and Incentive Compensation. During the Renewal Term, the Corporation shall pay the Executive base compensation and establish incentive plan target levels that are competitive with similarly situated high-technology companies, provided that neither will be lower than any previously paid or established under this Agreement. For purposes of Section 11 of this Agreement, the provisions of this Section 24(b) shall be treated as terms of Sections 3 and 4 of this Agreement.
Base and Incentive Compensation. During the term of this Agreement, beginning July 1, 2003, Company agrees to pay Employee a base salary (the "Base Salary") at the annual rate of $250,000.00, less withholdings. If employed in the second and third years under this Agreement, Company will provide Employee with a cost-of-living increase in an amount not to exceed five (5%) percent of Employee's previous year's base salary in each of the second and third years of employment. Employee shall not be entitled to or receive a director's fee for his services on the Board during the term of his employment at Company.
Base and Incentive Compensation. For and in consideration of the aircraft and services to be provided by RAI hereunder, Frontier shall pay RAI the base and incentive compensation as provided in Exhibit D hereto, subject to the terms and conditions set forth in this Article III.
Base and Incentive Compensation. During the term of this Agreement, Executive shall be entitled to an annual base salary of $106,590.00 per year. Executive's annual salary will be reviewed annually by the Board of Directors of Employer and the Company on the basis of his performance to such date and the progress of Employer and the Company and shall be increased or decreased as of such date if so determined by the Boards in their absolute discretion. This review and the decision on subsequent annual compensation may be delegated by the Boards to the Chief Executive Officer of Employer and Company. The Boards of Directors may also increase Executive's compensation at any other time, in their absolute discretion. Executive shall also be entitled to receive incentive compensation which compensation shall be calculated in accordance with the provisions of Employer's Officer Incentive Compensation Plan, or other similar plans as in effect from time to time. Executive's base salary shall be payable periodically according to the normal practice of Employer and his incentive compensation shall be payable as earned in accordance with the provisions of Employer's Officer Incentive Compensation Plan, or other similar plans.
