Common use of Base Compensation Clause in Contracts

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a base salary (at the “Base Salary”) annualized rate of $350,000 per annum500,000, which shall be subject to withholding and customary deductions and be payable in regular equal installments in accordance with the Company’s usual payment practices. The then-customary payroll practices for its executives (the “Base Salary shall Salary”), and may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased at the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 2 contracts

Sources: Employment Agreement (Diligent Board Member Services, Inc.), Employment Agreement (Diligent Board Member Services, Inc.)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the "Base Salary") of Four Hundred and Twenty Five Thousand Dollars ($350,000 per annum425,000), payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Compensation Committee (the “Compensation Committee”) of the Company’s Board of Directors’ Compensation Committee during Directors (“the term of this Agreement Board”) at least annually and adjusted increased (but not decreased) accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Executive Employment Agreement, Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base an annual salary of $200,000 (the "Base Salary”) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practicesCompensation"). The Base Salary Compensation shall be reviewed by payable in equal installments pursuant to the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly Company's customary payroll procedures in effect for its executive personnel at the discretion time of the Compensation Committeepayment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes.

Appears in 2 contracts

Sources: Employment Agreement (Q Comm International Inc), Employment Agreement (Q Comm International Inc)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 XXX,XXX per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”"BASE COMPENSATION") of $350,000 400,000 per annumannum from the date of this Agreement, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its senior executive officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during on at least an annual basis, and may be increased to reflect inflation or such other adjustments as the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeBoard may deem appropriate; PROVIDED, HOWEVER, that Base Compensation, as increased, may not be decreased.

Appears in 2 contracts

Sources: Employment Agreement (Scheid Vineyards Inc), Employment Agreement (Scheid Vineyards Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base an annual salary of $155,000 (the “Base SalaryCompensation) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices). The Base Salary Compensation shall be reviewed by payable in equal installments pursuant to the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly Company's customary payroll procedures in effect for its executive personnel at the discretion time of the Compensation Committeepayment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes.

Appears in 2 contracts

Sources: Employment Agreement (Q Comm International Inc), Employment Agreement (Q Comm International Inc)

Base Compensation. During The Executive shall be paid by the time that Executive is an employee of the Company, the Company shall pay to Executive a Employer and/or its Affiliates base salary at an annual rate of $225,000 commencing on the Effective Date (the “Base SalaryCompensation) of $350,000 per annum), which will be payable in regular installments in accordance with according to the Company’s usual payment Employer's customary payroll practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Employment Agreement (VOXX International Corp), Employment Agreement (VOXX International Corp)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Six Hundred Thousand Dollars ($350,000 per annum600,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee (the “Compensation Committee”) during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Three Hundred Seventy-Five Thousand Dollars ($350,000 per annum375,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee (the “Compensation Committee”) during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”"BASE COMPENSATION") of $350,000 130,000 per annumannum from the date of this Agreement, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its senior executive officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during on at least an annual basis, and may be increased to reflect inflation or such other adjustments as the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeBoard may deem appropriate; PROVIDED, HOWEVER, that Base Compensation, as increased, may not be decreased.

Appears in 2 contracts

Sources: Employment Agreement (Scheid Vineyards Inc), Employment Agreement (Scheid Vineyards Inc)

Base Compensation. During the time that Executive is shall be paid an employee of the Company, the Company shall pay to Executive a aggregate base salary (the "Base Salary") of $350,000 300,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by payable in a manner consistent with the normal payroll practices of the Company in effect from time to time. The Board, in its sole discretion, or at the recommendation of the Compensation and Stock Option Committee of the Board of Directors’ Compensation Committee during Directors of ▇▇▇▇▇▇ Group Inc. (the term of this Agreement and adjusted accordingly at the discretion of the "Compensation Committee"), may increase (but not decrease) the Base Salary, at any time.

Appears in 2 contracts

Sources: Employment Agreement (Hoenig Group Inc), Employment Agreement (Hoenig Group Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall agrees to pay to Executive a base salary at an annual rate of $1,500,000 (the “Base SalaryCompensation) of $350,000 per annum, ). Such salary shall be payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary standard payroll procedures of the Company and shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeesubject to annual review beginning in April 2004.

Appears in 2 contracts

Sources: Employment Agreement (Gap Inc), Employment Agreement (Gap Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 234,000 per annum, subject to applicable withholdings. Base Salary shall be payable according to the customary payroll practices of the Company but in regular installments in accordance with the Company’s usual payment practicesno event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 2 contracts

Sources: Employment Agreement (Response Oncology Inc), Employment Agreement (Response Oncology Inc)

Base Compensation. During As compensation for the time that Executive is an employee of the Companyservices to be performed hereunder, the Company shall pay to Executive a an annual base salary of Four Hundred Thousand Dollars ($400,000.00) (the “Base Salary”) of $350,000 per annum), less standard withholdings and deductions payable in regular installments in accordance with the Company’s usual payment practicesstandard payroll procedures. The Executive’s Base Salary shall be reviewed subject to review and adjustment in accordance with Company policy and subject to review and approval by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeBoard.

Appears in 2 contracts

Sources: Employment Agreement (Esperion Therapeutics, Inc.), Employment Agreement (Esperion Therapeutics, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 300,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 235,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary payroll practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ annually; provided, however, that Base Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeemay not be decreased.

Appears in 2 contracts

Sources: Employment Agreement (U S Interactive Inc/Pa), Employment Agreement (U S Interactive Inc/Pa)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Four Hundred Thousand Dollars ($350,000 per annum400,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee of the Board during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology, Inc.), Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary of four hundred thousand dollars (the “Base Salary”) of $350,000 per annum400,000), prorated for any partial employment period and payable in regular equal monthly installments in accordance with the Company’s usual payment practicespayroll schedule. The Base Salary shall be reviewed by Compensation Committee of the Board shall annually review the then-current level of Directors’ Compensation Committee during Executive’s base salary to determine the term amount, if any, of this Agreement and adjusted accordingly at the discretion of the Compensation Committeechange to such salary.

Appears in 2 contracts

Sources: Employment Agreement (Sangamo Therapeutics, Inc), Executive Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 333,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 2 contracts

Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that The Executive is an employee of the Company, the Company shall pay to Executive be paid a monthly base salary at the rate of $34,200 per month, less statutory deductions (the "Base Salary”) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices"). The Base Salary shall be reviewed by payable each month in accordance with the Board Company's regular payroll practices, as the same may be modified from time to time. The Company and the Executive agree that it shall conduct a performance review for the purpose of Directors’ Compensation Committee during determining an appropriate change to the term of this Agreement and adjusted accordingly at Base Salary that shall be effective on the discretion of the Compensation Committeethirteenth month.

Appears in 1 contract

Sources: Employment Agreement (Pc Ephone Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 185,000 per annum, subject to applicable withholdings. Base Salary shall be payable according to the customary payroll practices of the Company but in regular installments in accordance with the Company’s usual payment practicesno event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 1 contract

Sources: Employment Agreement (Response Oncology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Nine Hundred Thousand Dollars ($350,000 per annum900,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement Term and adjusted increased (but not decreased) accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Six Hundred and Fifty Thousand Dollars ($350,000 per annum650,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement at least annually and adjusted increased (but not decreased) accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that The Executive is shall be paid an employee of the Company, the Company shall pay to Executive a aggregate base salary (the "Base Salary") at the rate of $350,000 400,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by payable in a manner consistent with the Board normal payroll practices of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly Company in effect from time to time. The Board, in its sole discretion, or at the discretion recommendation of the Compensation and Stock Option Committee of ▇▇▇▇▇▇ Group Inc. (the "Compensation Committee"), may increase (but not decrease) the Base Salary, at any time.

Appears in 1 contract

Sources: Employment Agreement (Hoenig Group Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 220,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") at the rate of $350,000 300,000 per annum, payable year during the Employment Period with payments made in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee's regular practice for compensating executive personnel.

Appears in 1 contract

Sources: Employment Agreement (Ascent Entertainment Group Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 150,000 per annum, subject to applicable withholdings. Base Salary shall be payable according to the customary payroll practices of the Company but in regular installments in accordance with the Company’s usual payment practicesno event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 1 contract

Sources: Employment Agreement (Response Oncology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 230,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee (a) In consideration of the CompanyExecutive's services pursuant to this Agreement, the Company Corporation shall pay to Executive a base salary Executive, during the period of Executive's employment under this Agreement (the "Base Salary”Compensation"), a salary at the rate of Seventy Five Thousand Dollars ($75,000) of $350,000 per annum, year. The Base Compensation shall be payable in regular installments equal installments, in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement Corporation's customary procedures for executive employees, subject to applicable tax and adjusted accordingly at the discretion of the Compensation Committeepayroll deductions.

Appears in 1 contract

Sources: Employment Agreement (Urban Cool Network Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 226,750 per annum, subject to applicable withholdings. Base Salary shall be payable according to the customary payroll practices of the Company but in regular installments in accordance with the Company’s usual payment practicesno event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 1 contract

Sources: Employment Agreement (Response Oncology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the "Base Salary") of Three Hundred Twenty-Five Thousand Dollars ($350,000 per annum325,000), payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Chief Executive Officer (or if required by applicable laws, rules or regulations, the Compensation Committee of the Board (the "Compensation Committee"), during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 150,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement annually, and adjusted accordingly at the discretion of the Compensation Committeemay be increased to reflect inflation or such other adjustments as it may deem appropriate; provided, however, that Base Compensation, as increased, may not be decreased.

Appears in 1 contract

Sources: Employment Agreement (Pt 1communications Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (compensation in the “Base Salary”) gross amount of $350,000 250,000 per annumyear, payable in regular installments subject to reviews and increases recommended by the CEO to the Compensation Committee of the Board for review and approval ("Base Compensation"). Base Compensation shall be paid periodically in accordance with the Company’s usual payment normal Company payroll practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Employment Agreement (Competitive Technologies Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay an initial annual salary to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 per annum, payable in regular installments accordance with the customary payroll practices of the Company in the amount of Two Hundred Ten Thousand Dollars ($210,000). The Base Compensation will be adjusted during the Term in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee's normal practice for similar executive positions.

Appears in 1 contract

Sources: Employment Agreement (Rock Tenn Co)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 600,000 per annum, subject to applicable withholdings. The Base Salary shall be payable in regular installments in accordance with equal semi-monthly payments according to the customary payroll practices of the Company’s usual payment practices. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 1 contract

Sources: Employment Agreement (Coventry Health Care Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”"BASE COMPENSATION") of $350,000 110,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ or the Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeBoard, if any, on at least an annual basis, and may be increased to reflect inflation or such other adjustments as it may deem appropriate; provided, however, that Base Compensation, as increased, may not be decreased.

Appears in 1 contract

Sources: Employment Agreement (Legacy Software Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the "Base Salary") of Two Hundred Fifty Thousand Dollars ($350,000 per annum250,000), payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee of the Board during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 200,000 (USD) per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee's customary payroll practices for its officers.

Appears in 1 contract

Sources: Employment Agreement (U S Interactive Inc/Pa)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a base salary (at the “Base Salary”) annualized rate of $350,000 per annum375,000, which shall be subject to withholding and customary deductions and be payable in regular equal installments in accordance with the Company’s usual payment practices. The then-customary payroll practices for its executives (the “Base Salary shall Salary”), and may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased at the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Sources: Employment Agreement (Diligent Corp)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall will pay to the Executive a base salary (the “Base Salary”) at an annual rate of $350,000 per annum250,000, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeenormal payroll procedures for executive employees.

Appears in 1 contract

Sources: Employment Agreement (Avatech Solutions Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to the Executive a base salary (the “Base Salary”), subject to applicable payroll deductions and withholdings, at the rate of Three Hundred Thousand Dollars ($300,000) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary which shall be reviewed by subject to increase in the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the sole discretion of the Compensation CommitteeCompany.

Appears in 1 contract

Sources: Employment Agreement (Corporate Resource Services, Inc.)

Base Compensation. During the time that Executive is shall be paid an employee of the Company, the Company shall pay to Executive a aggregate base salary (the "Base Salary") at the rate of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by payable in a manner consistent with the normal payroll practices of the Company in effect from time to time. The Board, in its sole discretion, or at the recommendation of the Compensation and Stock Option Committee of the Board of Directors’ Compensation Committee during Directors of ▇▇▇▇▇▇ Group Inc. (the term of this Agreement and adjusted accordingly at the discretion of the "Compensation Committee"), may increase (but not decrease) the Base Salary, at any time.

Appears in 1 contract

Sources: Employment Agreement (Hoenig Group Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary") of $350,000 115,000 per annum, subject to applicable withholdings. Base Salary shall be payable according to the customary payroll practices of the Company but in regular installments in accordance with the Company’s usual payment practicesno event less frequently than once each month. The Base Salary shall be reviewed annually and shall be subject to increase according to the policies and practices adopted by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeDirectors from time to time.

Appears in 1 contract

Sources: Employment Agreement (Response Oncology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to the Executive a an annual base salary (in the “Base Salary”) amount of not less than $350,000 per annum225,000.00, payable in regular installments calculated and paid in accordance with the Company’s usual payment practicesstandard practices and policies in effect from time to time. The Executive’s annual base salary, as may be adjusted from time to time, is hereinafter referred to as the “Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeSalary”.

Appears in 1 contract

Sources: Employment Agreement (COMSovereign Holding Corp.)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 285,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Three Hundred Sixty-Nine Thousand Three Hundred Dollars ($350,000 per annum369,300), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee of the Board (the “Compensation Committee”) during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”) at an annual rate of US $350,000 per annum210,000.00, payable in regular bi-monthly installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee$8,750.00 each.

Appears in 1 contract

Sources: Employment Agreement (BioTrove, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary (the “Base SalaryCompensation”) in the initial amount of $350,000 per annum245,000, payable in regular installments in accordance with the Company’s usual payment practicesstandard payroll practices and subject to withholding for applicable federal, state and local taxes and all other items, if any, required to be withheld. The Such Base Salary Compensation shall be reviewed by from year to year and may be adjusted in the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the sole discretion of the Compensation CommitteeBoard.

Appears in 1 contract

Sources: Employment Agreement (Akrion, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 290,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of As compensation for his services to the Company, the Company Executive shall pay to Executive a base be paid an annual salary (the “Base Salary”) of $350,000 per annum165,000, payable in regular installments in accordance with the Company’s usual 's payment practicesperiods. The Base Salary shall Executive's base compensation will be reviewed by the Board of Directors’ Compensation Committee during the term of on an annual basis so long as this Agreement and adjusted accordingly at the discretion of the Compensation Committeecontinues to be in effect.

Appears in 1 contract

Sources: Employment Agreement (Sopheon PLC)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 420,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Two Hundred Seventy Five Thousand Dollars ($350,000 per annum275,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee Chief Executive Officer during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company Executive shall pay to Executive a be compensated for his services at an annual base salary of $220,000 or such higher base salary as the Board may determine in its sole discretion (the “Base Salary”) ). The Executive shall be paid the Base Salary on the same payroll terms that are applicable to other senior executives of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed annually by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeBoard.

Appears in 1 contract

Sources: Employment Agreement (Harbor Diversified, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 450,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement annually, and adjusted accordingly at the discretion of the Compensation Committeemay be increased to reflect inflation or such other adjustments as it may deem appropriate; provided, however, that Base Compensation, as increased, may not be decreased.

Appears in 1 contract

Sources: Employment Agreement (Pt 1communications Inc)

Base Compensation. During the time that The Executive is shall be paid an employee of the Company, the Company shall pay to Executive a aggregate base salary (the "Base Salary") at the rate of $350,000 140,000 per annum, less statutory deductions and withholdings. The Base Salary shall be payable in regular installments in accordance a manner consistent with the Company’s usual payment practicesnormal payroll practices of the Company as in effect from time to time. The Base Salary shall be reviewed annually by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Board (the "Committee").

Appears in 1 contract

Sources: Employment Agreement (Headwaters Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base an annual salary of $250,000 (the “Base SalaryCompensation) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices). The Base Salary Compensation shall be reviewed by payable in equal installments pursuant to the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly Company's customary payroll procedures in effect for its executive personnel at the discretion time of the Compensation Committeepayment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes.

Appears in 1 contract

Sources: Employment Agreement (Q Comm International Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”) at an annual rate of US $210,000.00 payable in 24 equal semi-monthly installments of $350,000 8,750.00 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeecalendar month.

Appears in 1 contract

Sources: Employment Agreement (BioTrove, Inc.)

Base Compensation. During The Executive shall be paid by the time that Executive is an employee of the Company, the Company shall pay to Executive a Employer and/or its Affiliates base salary at an annual rate of $400,000 commencing on the Effective Date (the “Base SalaryCompensation) of $350,000 per annum), which will be payable in regular installments in accordance with according to the Company’s usual payment Employer's customary payroll practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Employment Agreement (VOXX International Corp)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (in the “Base Salary”) amount of $350,000 500,000 per annum, payable in regular installments annum in accordance with the Company’s usual payment practicesregular payroll practices of the Company (the base salary as in effect from time to time, the “Base Compensation”). Payment of the Base Compensation is subject to customary employee contributions to any benefit programs in which Executive is enrolled. The Base Salary shall Compensation may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased from time to time at the discretion of Company’s sole discretion, but in no event shall the Base Compensation Committeebe reduced without Executive’s approval.

Appears in 1 contract

Sources: Employment Agreement (Hcp, Inc.)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Three Hundred Seventy-Five Thousand Dollars ($350,000 per annum375,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee Chief Executive Officer during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During In consideration for the time that Executive is an employee of Executive's services hereunder and the Companyrestrictive covenants contained herein, during the Term, the Company Executive shall pay to Executive a receive an annual base salary in the amount of $115,000 (the “Base "Salary”) of $350,000 per annum"), payable in regular installments in accordance with the Company’s usual payment 's customary payroll practices. The Base , which Salary shall may be reviewed annually for increase by the Compensation Committee of the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion Directors of the Compensation CommitteeCompany.

Appears in 1 contract

Sources: Employment Agreement (Asd Group Inc)

Base Compensation. During the time that The Executive is an employee of the Company, the Company shall pay to Executive be paid a base salary (the "Base Salary") at the rate of $350,000 140,000 per annum, less statutory deductions and withholdings. The Base Salary shall be payable in regular installments in accordance a manner consistent with the Company’s usual payment practicesnormal payroll practices of the Company as in effect from time to time. The Base Salary shall be reviewed annually by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Board (the "Committee").

Appears in 1 contract

Sources: Employment Agreement (Isg Resources Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Three Hundred Twenty-Five Thousand Dollars ($350,000 per annum325,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Chief Executive Officer (or if required by applicable laws, rules or regulations, the Compensation Committee of the Board (the “Compensation Committee”), during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall will pay to Executive a base salary (the “Base Salary”) at an annual rate of $350,000 per annum250,000, payable in regular installments which shall be paid in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeenormal payroll practices for its salaried executive employees from time to time in effect.

Appears in 1 contract

Sources: Employment Agreement (Avatech Solutions Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Three Hundred Fifteen Thousand Dollars ($350,000 per annum315,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee Chief Executive Officer during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (in the “Base Salary”) amount of $350,000 ___________ per annum, payable in regular installments annum in accordance with the Company’s usual payment practicesregular payroll practices of the Company (the base salary as in effect from time to time, the “Base Compensation”). Payment of the Base Compensation is subject to customary employee contributions to any benefit programs in which Executive is enrolled. The Base Salary shall Compensation may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased from time to time at the discretion of Board’s sole discretion, but in no event shall the Base Compensation Committeebe reduced without Executive’s approval.

Appears in 1 contract

Sources: Employment Agreement (Greenwich Kahala Aviation Ltd.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 280,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that The Executive is shall be paid an employee of the Company, the Company shall pay to Executive a aggregate base salary (the "Base Salary") at the rate of $350,000 150,000 per annum, less statutory deductions and withholdings. The Base Salary shall be payable in regular installments in accordance a manner consistent with the Company’s usual payment practicesnormal payroll practices of the Company as in effect from time to time. The Base Salary shall be reviewed annually by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Board (the "Committee").

Appears in 1 contract

Sources: Employment Agreement (Isg Resources Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 280,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement annually, and adjusted accordingly at the discretion of the Compensation Committeemay be increased to reflect inflation or such other adjustments as it may deem appropriate; provided, however, that Base Compensation, as increased, may not be decreased.

Appears in 1 contract

Sources: Employment Agreement (Pt 1communications Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”) at an annual rate of US $350,000 per annum244,400.00, payable in regular bi monthly installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee$10,183.33 each.

Appears in 1 contract

Sources: Employment Agreement (BioTrove, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 285,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Nine Hundred Thousand Dollars ($350,000 per annum900,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement Term and adjusted increased (but not decreased) accordingly at the discretion of the Compensation Committee. As of January 1, 2010, Executive’s Base Salary is $936,000.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 250,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base an annual salary of $225,000 (the "Base Salary”) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practicesCompensation"). The Base Salary Compensation shall be reviewed by payable in equal installments pursuant to the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly Company's customary payroll procedures in effect for its executive personnel at the discretion time of the Compensation Committeepayment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes.

Appears in 1 contract

Sources: Employment Agreement (Q Comm International Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”) at an annual rate of US $350,000 per annum236,250.00, payable in regular bi monthly installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee$9,843.75 each.

Appears in 1 contract

Sources: Employment Agreement (BioTrove, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 225,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the "Base Salary") of Nine Hundred Thousand Dollars ($350,000 per annum900,000), payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors' Compensation Committee during the term of this Agreement Term and adjusted increased (but not decreased) accordingly at the discretion of the Compensation Committee. As of January 1, 2010, Executive's Base Salary is $936,000.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (the "Base Salary") of $350,000 250,000 per annum, payable in regular installments in accordance with the Company’s 's usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 100,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement annually, and adjusted accordingly at the discretion of the Compensation Committeemay be increased to reflect inflation or such other adjustments as it may deem appropriate; provided, however, that Base Compensation, as increased, may not be decreased.

Appears in 1 contract

Sources: Employment Agreement (Pt 1communications Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary of four hundred eighty thousand dollars (the “Base Salary”) of $350,000 per annum480,000), prorated for any partial employment period and payable in regular equal monthly installments in accordance with the Company’s usual payment practicespayroll schedule; provided, however, that Executive’s annual base salary during the Part-Time Period shall be paid at the rate of one hundred forty thousand dollars ($140,000) . The Base Salary shall be reviewed by Compensation Committee of the Board shall annually review the then-current level of Directors’ Compensation Committee during Executive’s base salary to determine the term amount, if any, of this Agreement and adjusted accordingly at the discretion of the Compensation Committeechange to such salary.

Appears in 1 contract

Sources: Executive Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a an annual base salary (the “Base Salary”) of Two Hundred Fifty Thousand Dollars ($350,000 per annum250,000), payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee of the Board during the term of this Agreement and adjusted accordingly at the discretion of the Compensation CommitteeTerm.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary of three hundred and fifty thousand dollars (the “Base Salary”) of $350,000 per annum350,000), prorated for any partial employment period and payable in regular equal monthly installments in accordance with the Company’s usual payment practicespayroll schedule. The Base Salary shall be reviewed by Compensation Committee of the Board shall annually review the then-current level of Directors’ Compensation Committee during Executive’s base salary to determine the term amount, if any, of this Agreement and adjusted accordingly at the discretion of the Compensation Committeechange to such salary.

Appears in 1 contract

Sources: Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a base salary (in the “Base Salary”) amount of $350,000 400,000 per annum, payable in regular installments annum in accordance with the Company’s usual payment practicesregular payroll practices of the Company (the base salary as in effect from time to time, the “Base Compensation”). Payment of the Base Compensation is subject to customary employee contributions to any benefit programs in which Executive is enrolled. The Base Salary shall Compensation may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased from time to time at the discretion of Company’s sole discretion, but in no event shall the Base Compensation Committeebe reduced without Executive’s approval.

Appears in 1 contract

Sources: Employment Agreement (Aircastle LTD)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “Base Salary”) at an annual rate of US $350,000 per annum350,000.00, payable in regular bi monthly installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee$14,583.33 each.

Appears in 1 contract

Sources: Employment Agreement (BioTrove, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base salary (the “"Base Salary”Compensation") of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices's customary payroll practices for its officers. The amount of Base Salary Compensation shall be reviewed by the Board of Directors’ annually; provided, however, that Base Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committeemay not be decreased.

Appears in 1 contract

Sources: Employment Agreement (U S Interactive Inc/Pa)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to the Executive a base ----------------- salary (the “"Base Salary") at the rate of $350,000 300,000 per annum, payable year during the Employment Period with payments made in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee's regular practice for compensating executive personnel.

Appears in 1 contract

Sources: Employment Agreement (Ascent Entertainment Group Inc)

Base Compensation. During the time that Executive is an employee of the CompanyTerm, the Company shall pay to Executive a base salary (at the “Base Salary”) annualized rate of $350,000 per annum315,000, which shall be subject to withholding and customary deductions and be payable in regular equal installments in accordance with the Company’s usual payment practices. The then-customary payroll practices for its executives (the “Base Salary shall Salary”), and may be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly increased at the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Sources: Employment Agreement (Diligent Board Member Services, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary (the “Base SalaryCompensation”) in the initial amount of $350,000 per annum345,000, payable in regular installments in accordance with the Company’s usual payment practicesstandard payroll practices and subject to withholding for applicable federal, state and local taxes and all other items, if any, required to be withheld. The Such Base Salary Compensation shall be reviewed by from year to year and may be adjusted in the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the sole discretion of the Compensation CommitteeBoard.

Appears in 1 contract

Sources: Employment Agreement (Akrion, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the The Company shall pay to Executive a an annual base salary (the “Base SalaryCompensation”) in the initial amount of $350,000 per annum275,000, payable in regular installments in accordance with the Company’s usual payment practicesstandard payroll practices and subject to withholding for applicable federal, state and local taxes and all other items, if any, required to be withheld. The Such Base Salary Compensation shall be reviewed by from year to year and may be adjusted in the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the sole discretion of the Compensation CommitteeBoard.

Appears in 1 contract

Sources: Employment Agreement (Akrion, Inc.)

Base Compensation. During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 275,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

Appears in 1 contract

Sources: Executive Employment Agreement (Avid Technology Inc)