Common use of Base Annual Clause in Contracts

Base Annual. Salary: $225,000 annual base pay, paid according to the Company’s standard pay practices, subject to all applicable withholdings. The Company currently issues payroll checks semi-monthly, on the 15th and last day of each month. Date: April 22, 2016 Location: Your primary work location shall be the Company’s New York City offices, which are currently located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇. Your job will also require regular travel to other Company locations.

Base Annual. Salary: $225,000 275,000 annual base pay, paid according to the Company’s standard pay practices, subject to all applicable withholdings. The Company currently issues payroll checks semi-monthly, on the 15th and last day of each month. Your annual base pay will be increased to $300,000 beginning with the payroll period immediately following the attainment, to the mutual satisfaction of the Company’s Chairman and Chief Executive Officer, of certain short-term objectives to be agreed to. Starting Date: April 22February 1, 2016 2015 Location: Your primary work location shall be the Company’s New York City offices, which are currently located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇. Your job will also require regular some travel to other Company and Franchisee locations.