Base Compensation. The Company shall pay to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base Compensation"). The Base Compensation shall be ) of $235,000 per annum, payable in equal installments pursuant to accordance with the Company's customary payroll procedures in effect practices for its executive personnel at officers. The amount of Base Compensation shall be reviewed by the time of paymentBoard annually; provided, but in no event less frequently than monthlyhowever, subject to withholding for applicable federal, state, and local income and employment related taxesthat Base Compensation may not be decreased.
Appears in 2 contracts
Sources: Employment Agreement (U S Interactive Inc/Pa), Employment Agreement (U S Interactive Inc/Pa)
Base Compensation. The Company shall pay to During the Executive an Term, Executive’s annual salary (the “Base Compensation”) during each Contract Year shall be no less than the annualized equivalent of $200,000 (the "Base Compensation"). The Base Compensation 225,000 and shall be payable in equal installments pursuant at the same times and under the same conditions as salaries are paid to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes’s other employees.
Appears in 2 contracts
Sources: Executive Employment Agreement (Delek US Holdings, Inc.), Executive Employment Agreement (Delek US Holdings, Inc.)
Base Compensation. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base CompensationSalary")) of $300,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the CompanyBoard of Director's customary payroll procedures in effect for its executive personnel Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 2 contracts
Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company Executive shall pay be paid by the Employer and/or its Affiliates base salary at an annual rate of $225,000 commencing on the Effective Date (the “Base Compensation”), which will be payable according to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the CompanyEmployer's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 2 contracts
Sources: Employment Agreement (VOXX International Corp), Employment Agreement (VOXX International Corp)
Base Compensation. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (333,000 per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 2 contracts
Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (XXX,XXX per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 2 contracts
Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company shall agrees to pay to the Executive a base salary at an annual salary rate of $200,000 1,500,000 (the "“Base Compensation"”). The Base Compensation Such salary shall be payable in equal installments pursuant to accordance with the Company's customary standard payroll procedures in effect for its executive personnel at of the time of payment, but in no event less frequently than monthly, Company and shall be subject to withholding for applicable federal, state, and local income and employment related taxesannual review beginning in April 2004.
Appears in 2 contracts
Sources: Employment Agreement (Gap Inc), Employment Agreement (Gap Inc)
Base Compensation. The Company shall pay to the Executive an annual salary of $200,000 155,000 (the "“Base Compensation"”). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (350,000 per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 2 contracts
Sources: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company Executive shall pay to the Executive an annual be paid a monthly base salary of $200,000 190,000 per annum, payable in monthly increments less applicable statutory and regulatory deductions (the "Base CompensationSalary"). The Base Compensation Salary shall be payable each month in equal installments pursuant to accordance with the Company's customary regular payroll procedures in effect for its executive personnel at practices, as the same may be modified from time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxestime.
Appears in 1 contract
Base Compensation. The Company Executive shall pay to the Executive an annual be provided with annualized base salary of $200,000 800,000 (the "“Base Compensation"”). The Base Compensation shall be , payable in equal installments pursuant to accordance with the regular payroll practices of the Company's customary payroll procedures , with adjustments, if any, as may approved in effect for its executive personnel at writing by the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesBoard.”
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual salary of $200,000 250,000 (the "“Base Compensation"”). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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
Base Compensation. The Company Executive shall pay to the Executive be paid an annual base salary of Seventy-Seven Thousand and 00/100 Dollars ($200,000 77,000.00) (the "“Base Compensation"). The Base Compensation shall be ”) beginning on the Effective Date and payable in equal installments pursuant to accordance with the Company's customary ’s payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual salary of $200,000 225,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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
Base Compensation. The Company shall pay to As of the Executive an Effective Date of this Agreement Executive's annual base salary of $200,000 will be $ 173,250.00 (the "Base Compensation"). The Company will pay the Base Compensation in accordance with normal Company payroll practices. The Base Compensation shall be payable reviewed annually and may be increased from time to time, in equal installments pursuant which case the "Base Compensation" will refer to the Company's customary payroll procedures in effect for its executive personnel base salary earned by Executive at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesquestion.
Appears in 1 contract
Sources: Severance Agreement (Insilicon Corp)
Base Compensation. The During the Term, the Company shall will pay to the Executive a base salary (the “Base Salary”) at an annual salary rate of $200,000 (the "Base Compensation"). The Base Compensation shall be 250,000, payable in equal installments pursuant to accordance with the Company's customary ’s normal payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesemployees.
Appears in 1 contract
Base Compensation. The Company Executive shall pay be paid by the Employer and/or its Affiliates base salary at an annual rate of $450,000 commencing on the Effective Date (the “Base Compensation”), which will be payable according to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the CompanyEmployer's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 1 contract
Base Compensation. The Company shall will pay to Executive the Executive an base annual salary of $200,000 165,000 (the "“Base Compensation"”). The Company will pay the Base Compensation in accordance with normal Company payroll practices. The Base Compensation shall be payable reviewed annually and may be increased from time to time, in equal installments pursuant which case the “Base Compensation” will refer to the Company's customary payroll procedures in effect for its executive personnel base salary earned by Executive at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesquestion.
Appears in 1 contract
Sources: Executive Officer Severance Agreement (Insilicon Corp)
Base Compensation. The Company shall pay to the Executive an annual base salary (the “Base Compensation”) in the initial amount of $200,000 (the "Base Compensation"). The Base Compensation shall be 345,000, payable in equal installments pursuant to accordance with the Company's customary ’s standard payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, practices and subject to withholding for applicable federal, state, state and local income taxes and employment related taxesall other items, if any, required to be withheld. Such Base Compensation shall be reviewed from year to year and may be adjusted in the sole discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Akrion, Inc.)
Base Compensation. The Company During the Employment Term, Executive shall pay to the Executive receive an annual base salary of $200,000 190,000, payable in accordance with the Company’s normal payroll practices (the "Annual Base CompensationSalary"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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: Executive Employment Agreement (Lapolla Industries Inc)
Base Compensation. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (230,000 per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company Executive will be paid a base salary equivalent to USD $340,000.00 per annum (the “Base Compensation”). Such salary shall pay be paid to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event not less frequently than monthly, subject in accordance with the Company’s business practices in effect from time to withholding for applicable federal, state, and local income and employment related taxestime. Any compensation which may be paid to the Executive under any additional compensation or incentive plans of the Company or which may otherwise be authorized from time to time by the Board of Directors shall be in addition to the Base Compensation to which the Executive is entitled to under this Agreement.
Appears in 1 contract
Sources: Employment Agreement (Establishment Labs Holdings Inc.)
Base Compensation. As of the Effective Date of this Agreement, Executive’s annual base salary will be $250,000.00 (“Base Compensation”). The Company shall will pay to the Executive an annual salary of $200,000 (the "Base Compensation")Base
1. Compensation in accordance with normal Company payroll practices. The Base Compensation shall be payable reviewed annually and may be increased from time to time, in equal installments pursuant which case the “Base Compensation” will refer to the Company's customary payroll procedures in effect for its executive personnel base salary earned by Executive at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesquestion.
Appears in 1 contract
Sources: Executive Officer Severance Agreement (Insilicon Corp)
Base Compensation. The Company In consideration of the services to be rendered by Executive during the Term, Employers shall pay to the Executive an annual as base salary of $200,000 241,544 per year (the "“Base Compensation"”). The Base Compensation shall be , payable in equal installments pursuant to the Company's customary payroll procedures in effect bi-weekly and prorated for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and any partial employment related taxesperiod.
Appears in 1 contract
Sources: Employment Agreement (Hexacomb CORP)
Base Compensation. The Company Executive will be paid a base salary equivalent to USD $375,000.00 per annum (the “Base Compensation”). Such salary shall pay be paid to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event not less frequently than monthly, subject in accordance with the Company’s payroll practices in effect from time to withholding for applicable federal, state, and local income and employment related taxestime. Any compensation which may be paid to the Executive under any additional compensation or incentive plans of the Company or which may otherwise be authorized from time to time by the Board of Directors shall be in addition to the Base Compensation to which the Executive is entitled to under this Agreement.
Appears in 1 contract
Sources: Employment Agreement (Establishment Labs Holdings Inc.)
Base Compensation. The Company shall will pay to the Executive an a base annual salary of $200,000 185,000 (the "Base Compensation"). The Company will pay the Base Compensation in accordance with normal Company payroll practices. The Base Compensation shall be payable reviewed annually and may be increased from time to time, in equal installments pursuant which case the "Base Compensation" will refer to the Company's customary payroll procedures in effect for its executive personnel base salary earned by Executive at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesquestion.
Appears in 1 contract
Sources: Severance Agreement (Insilicon Corp)
Base Compensation. The During the Term, the Company shall will pay to Executive a base salary (the Executive “Base Salary”) at an annual salary rate of $200,000 (the "Base Compensation"). The Base Compensation 250,000, which shall be payable paid in equal installments pursuant to accordance with the Company's customary ’s normal payroll procedures in effect practices for its salaried executive personnel at the employees from time of payment, but to time in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxeseffect.
Appears in 1 contract
Base Compensation. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (275,000 per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company During the Employment Period, Executive shall pay to the Executive an annual receive a base salary ("Annual Base Salary") of $200,000 (the "Base Compensation"). The Base Compensation shall be 240,000, payable in equal installments pursuant to accordance with the Company's customary ’s normal payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 1 contract
Sources: Executive Employment Agreement (Lapolla Industries Inc)
Base Compensation. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base CompensationSalary")) of $290,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the CompanyBoard of Director's customary payroll procedures in effect for its executive personnel Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company shall pay to the Executive an annual a base ----------------- salary ("Base Salary") at the rate of $200,000 (300,000 per year during the "Base Compensation"). The Base Compensation shall be payable Employment Period with payments made in equal installments pursuant to in accordance with the Company's customary payroll procedures in effect regular practice for its compensating executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespersonnel.
Appears in 1 contract
Sources: Employment Agreement (Ascent Entertainment Group Inc)
Base Compensation. The Company In consideration of the services to be rendered by Executive during the Term, Employers shall pay to the Executive an annual as base salary of $200,000 per year (the "“Base Compensation"”). The Base Compensation shall be , payable in equal installments pursuant to the Company's customary payroll procedures in effect bi-weekly and prorated for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and any partial employment related taxesperiod.
Appears in 1 contract
Sources: Employment Agreement (Hexacomb CORP)
Base Compensation. The Company shall During the Term, Employer agrees to pay Executive, in accordance with Employer's applicable payroll policies in effect from time to time during the Executive an annual Term, a base salary at the rate of $200,000 235,000 per year (the "Base CompensationSalary"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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
Base Compensation. The Company In consideration of the services to be rendered by Executive during the Term, Employers shall pay to the Executive an annual as base salary of $200,000 225,000 per year (the "“Base Compensation"”). The Base Compensation shall be , payable in equal installments pursuant to the Company's customary payroll procedures in effect bi-weekly and prorated for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and any partial employment related taxesperiod.
Appears in 1 contract
Sources: Employment Agreement (Hexacomb CORP)
Base Compensation. The Company shall pay to the Executive a base salary at an annual salary rate of US $236,250.00, payable in bi monthly installments of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes9,843.75 each.
Appears in 1 contract
Base Compensation. The Company Executive shall pay to the Executive receive an annual base salary of $200,000 200,000, payable in accordance with the Company’s normal payroll practices (the "Annual Base CompensationSalary"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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: Executive Employment Agreement (Lapolla Industries Inc)
Base Compensation. The Company shall pay an initial annual salary to the Executive an annual salary of $200,000 (the "Base Compensation") payable in accordance with the customary payroll practices of the Company in the amount of Two Hundred Ten Thousand Dollars ($210,000). The Base Compensation shall will be payable adjusted during the Term in equal installments pursuant to accordance with the Company's customary payroll procedures in effect normal practice for its similar executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespositions.
Appears in 1 contract
Sources: Employment Agreement (Rock Tenn Co)
Base Compensation. The Company shall pay to Beginning on the Effective Date, the Executive an annual shall be paid a base salary of $200,000 (the "Base Compensation")) of $350,000 annually, payable semi-monthly. The Base Compensation shall be payable subject to review annually for increases by the Board of Directors in equal installments pursuant to its discretion in connection with the annual review of salary and benefits for the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesmanagement.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual base salary (the “Base Compensation”) in the initial amount of $200,000 (the "Base Compensation"). The Base Compensation shall be 275,000, payable in equal installments pursuant to accordance with the Company's customary ’s standard payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, practices and subject to withholding for applicable federal, state, state and local income taxes and employment related taxesall other items, if any, required to be withheld. Such Base Compensation shall be reviewed from year to year and may be adjusted in the sole discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Akrion, Inc.)
Base Compensation. The Company Executive shall pay to the Executive be paid an annual aggregate base salary of $200,000 (the "Base CompensationSalary")) at the rate of $150,000 per annum, less statutory deductions and withholdings. The Base Compensation Salary shall be payable in equal installments pursuant to a manner consistent with the Company's customary normal payroll procedures practices of the Company as in effect for its executive personnel at from time to time. The Base Salary shall be reviewed annually by the time Compensation Committee of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Board (the "Committee").
Appears in 1 contract
Base Compensation. The Company Executive shall pay to the Executive receive an annual base salary of $200,000 160,000, payable in accordance with the Company’s normal payroll practices (the "Annual Base CompensationSalary"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, 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: Executive Employment Agreement (Lapolla Industries Inc)
Base Compensation. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base CompensationSalary")) of $225,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the CompanyBoard of Director's customary payroll procedures in effect for its executive personnel Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base CompensationSalary")) of $220,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the CompanyBoard of Director's customary payroll procedures in effect for its executive personnel Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company shall pay Executive shall, during the Employment Period, be paid by the Employer and/or its Affiliates base salary at an annual rate of $425,000.00 (the “Base Compensation”), subject to review and potential upward adjustment annually thereafter, which will be payable according to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the CompanyEmployer's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 1 contract
Sources: Employment Agreement (Audiovox Corp)
Base Compensation. The Company shall pay to the Executive a base salary at an annual salary rate of US $210,000.00, payable in bi-monthly installments of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes8,750.00 each.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual base salary (the “Base Compensation”) in the initial amount of $200,000 (the "Base Compensation"). The Base Compensation shall be 245,000, payable in equal installments pursuant to accordance with the Company's customary ’s standard payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, practices and subject to withholding for applicable federal, state, state and local income taxes and employment related taxesall other items, if any, required to be withheld. Such Base Compensation shall be reviewed from year to year and may be adjusted in the sole discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Akrion, Inc.)
Base Compensation. The Company shall pay to the Executive a base salary at an annual salary rate of US $210,000.00 payable in 24 equal semi-monthly installments of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes8,750.00 per calendar month.
Appears in 1 contract
Base Compensation. The Company Executive shall pay be paid by the Employer and/or its Affiliates base salary at an annual rate of $400,000 commencing on the Effective Date (the “Base Compensation”), which will be payable according to the Executive an annual salary of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the CompanyEmployer's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespractices.
Appears in 1 contract
Base Compensation. The the Company shall pay to the Executive an annual base salary in the amount of not less than $200,000 (225,000.00, calculated and paid in accordance with the "Base Compensation")Company’s standard 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 Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesSalary”.
Appears in 1 contract
Base Compensation. The During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the Executive an annual salary “Base Salary”) of $200,000 (285,000 per annum, payable in regular installments in accordance with the "Base Compensation")Company’s usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the Company's customary payroll procedures in effect for its executive personnel Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company Effective on the Effective Date and during the Employment Period, Executive shall pay to the Executive be paid base compensation (salary) at an annual salary of rate equal to $200,000 (the "Base Compensation"). The Base Compensation shall be 427,450.14 per year, payable in equal installments pursuant to accordance with the Company's customary ’s normal payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesschedule.
Appears in 1 contract
Sources: Transition Agreement (STERIS PLC)
Base Compensation. The Company shall pay to the Executive will receive an annual salary of $US$200,000 (the "Base Compensation"). The Base Compensation shall be ) payable after the Commencement Date in equal installments pursuant to consistent with the Company's customary normal payroll procedures in effect for its executive personnel at schedule on or about either the time first or fifteenth day of payment, but in no event less frequently than monthlythe month, subject to all withholding for applicable federal, state, and local income and employment related taxesas is legally required or directed by the Executive.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual a base salary of $200,000 (the "Base CompensationSalary")) of $420,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Compensation Salary shall be payable in equal installments pursuant to reviewed by the CompanyBoard of Director's customary payroll procedures in effect for its executive personnel Compensation Committee during the term of this Agreement and adjusted accordingly at the time discretion of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Compensation Committee.
Appears in 1 contract
Sources: Executive Employment Agreement (Avid Technology Inc)
Base Compensation. The Company As compensation for the services to be rendered by Executive under this Agreement, Employer shall pay to the Executive an annual annualized salary of $200,000 150,000 (the "“Base Compensation"”), minus withholdings and other applicable deductions, starting on the Effective Date and payable from time to time in accordance with the Company’s customary payroll practices. The Base Compensation shall be payable in equal installments pursuant subject to annual increases as approved by the Company's customary payroll procedures in effect for its executive personnel at the time ’s Board of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesDirectors.
Appears in 1 contract
Base Compensation. The Company shall pay Executive shall, during the first two years of the Employment Period, be paid by the Employer and/or its Affiliates base salary at an annual rate of $830,000.00 (the “Base Compensation”) which will be payable according to the Executive an annual salary Employer's customary payroll practices. During the remainder of $200,000 (the "Base Compensation"). The Employment Period, the Executive's Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time an annual rate of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes$50,000.00.
Appears in 1 contract
Sources: Employment Agreement (Audiovox Corp)
Base Compensation. The Company Executive shall pay to the Executive be paid an annual aggregate base salary of $200,000 (the "Base CompensationSalary")) at the rate of $140,000 per annum, less statutory deductions and withholdings. The Base Compensation Salary shall be payable in equal installments pursuant to a manner consistent with the Company's customary normal payroll procedures practices of the Company as in effect for its executive personnel at from time to time. The Base Salary shall be reviewed annually by the time Compensation Committee of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesthe Board (the "Committee").
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive a base salary at an annual salary rate of US $244,400.00, payable in bi monthly installments of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes10,183.33 each.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive a base salary at an annual salary rate of US $350,000.00, payable in bi monthly installments of $200,000 (the "Base Compensation"). The Base Compensation shall be payable in equal installments pursuant to the Company's customary payroll procedures in effect for its executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxes14,583.33 each.
Appears in 1 contract
Base Compensation. The Company shall pay to the Executive an annual a base salary ("Base Salary") at the rate of $200,000 (300,000 per year during the "Base Compensation"). The Base Compensation shall be payable Employment Period with payments made in equal installments pursuant to in accordance with the Company's customary payroll procedures in effect regular practice for its compensating executive personnel at the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxespersonnel.
Appears in 1 contract
Sources: Employment Agreement (Ascent Entertainment Group Inc)
Base Compensation. The Company Executive shall pay to the Executive an annual be provided with annualized base salary of $200,000 $ 450,000 (the "“Base Compensation"”). The Base Compensation shall be , payable in equal installments pursuant to accordance with the regular payroll practices of the Company's customary payroll procedures , with adjustments, if any, as may approved in effect for its executive personnel at writing by the time of payment, but in no event less frequently than monthly, subject to withholding for applicable federal, state, and local income and employment related taxesBoard.”
Appears in 1 contract