Common use of Base Annual Salary Clause in Contracts

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than $175,000 per annum, payable in semi-monthly installments. Officer salaries will be reviewed during 1998.

Appears in 1 contract

Samples: Conformed Copy Employment Agreement (Atlas Air Inc)

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Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not no less than $175,000 per annum, payable in semi-monthly installments. Officer salaries will be reviewed during 1998.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than $175,000 650,000 per annum, payable in semi-monthly installments. Officer salaries will Atlas shall review Base Annual Salary not less frequently than annually for increases, including among other considerations, Employee’s performance, it being understood that any increases shall be reviewed during 1998at the discretion of Atlas.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than USD $175,000 292,000 per annum, payable in semi-monthly installments. Officer salaries will The parties acknowledge that $12,000 of the Base Annual Salary is in partial consideration for the elimination of the automobile allowance previously provided to Employee. The Company shall review Base Annual Salary not less frequently than annually for increases, including among other considerations, Employee's performance, it being understood that any increases shall be reviewed during 1998at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than USD $175,000 524,400 per annum, payable in semi-monthly installments. Officer salaries will The parties acknowledge that $14,400 of the Base Annual Salary is in partial consideration for the elimination of the automobile allowance previously provided to Employee. The Company shall review Base Annual Salary not less frequently than annually for increases, including among other considerations, Employee's performance, it being understood that any increases shall be reviewed during 1998at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not no less than $175,000 250,000 per annum, payable in semi-monthly installments. Officer salaries will be reviewed during 1998, which amount shall increase to an amount not less than $325,000 upon (i) the consummation of an acquisition by Atlas of an entity for an acquisition price of in excess of $500,000,000 or (ii) Employee's establishing a residence, at the request of the chief executive officer, in the Seattle, Washington or White Plains, New York area.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary of $240,000 per annum (the "Base Annual Salary") of not less than $175,000 per annum), payable in semi-monthly installments. Officer salaries will be reviewed during 1998installments of $10,000 each.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

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Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not no less than $175,000 150,000 per annum, payable in semi-monthly installments. Officer salaries will be reviewed during 1998.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than USD $175,000 425,000 per annum, payable in semi-monthly installments. Officer salaries will The Company shall review Base Annual Salary not less frequently than annually for increases, including among other considerations, Employee’s performance, it being understood that any increases shall be reviewed during 1998at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary of $205,000 per annum (the "Base Annual Salary") of not less than $175,000 per annum), payable in semi-monthly installments. Officer salaries will be reviewed during 1998.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

Base Annual Salary. Atlas will pay Employee a base annual salary (the "Base Annual Salary") of not less than $175,000 Two Hundred Twenty Thousand (USD $ 220,000.00) Dollars per annum, payable in semi-monthly semimonthly installments. Officer salaries will The Company shall review Base Salary not less frequently than annually for increases, including among other considerations, EMPLOYEE's performance, it being understood that any increases shall be reviewed during 1998at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Atlas Air Worldwide Holdings Inc)

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