Common use of Base Compensation Clause in Contracts

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base Compensation”), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretion.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, during the Company agrees to pay to Employment Term, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 500,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Employer’s typical payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionbi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to The Executive will be paid a base salary in the amount of three hundred fifty thousand dollars ($350,000) equivalent to US$39,000 per annum (the “Base Compensation”), payable . Such salary shall be paid to the Executive in such equal installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)monthly, subject with a thirteenth installment in the month of December, in accordance with the Company’s business practices in effect from time to customary employee contributions to any health, welfare and/or retirement programs in time. Any compensation which Executive is enrolled. The Base Compensation may be increased paid to the Executive under any additional compensation or incentive plans of the Company or which may otherwise be authorized from time to time at by the Company’s sole discretionBoard of Directors shall be in addition to the Base Compensation to which the Executive is entitled to under this Agreement.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementthe services to be rendered by the Executive during the Term, the Company agrees to Employer shall pay to the Executive base compensation at a base salary in the amount rate of three hundred fifty thousand dollars $415,000 per year ($350,000) per annum (the “Base Compensation”) (pro-rated for any partial years), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may shall be increased from time paid to time at the CompanyExecutive in accordance with Employer’s sole discretionstandard payroll policies. Executive shall not be entitled to receive the salary and benefits that are associated with the offered position unless Executive first executes and agrees to be bound by this Agreement.

Base Compensation. In consideration The Company shall pay to Executive an annual base salary of $400,000 Dollars, prorated for any partial employment period and payable in equal monthly installments in accordance with the Company’s payroll schedule. The Compensation Committee of the Board shall annually review the then-current level of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in (for increase only) to determine the amount amount, if any, of three hundred fifty thousand dollars ($350,000) per annum (the “Base Compensation”), payable in change to such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for his services to be rendered hereunder, the Company agrees to shall pay to Executive a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 600,000 per annum (the “Base CompensationSalary”), which shall be payable in such periodic installments as in accordance with the standard payroll practices of the Company pays its similarly placed employees in effect from time to time. During the Term, Executive’s Base Salary shall be reviewed at least annually by the Company and may be increased (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased decreased) from time to time at as shall be determined in the sole discretion of the Company’s sole discretion.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Three Hundred Twenty-Five Thousand Dollars ($350,000325,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i) and to receive the Performance Bonuses described in Section 3(b)(ii), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration During the time that Executive is an employee of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementthe Company, the Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base CompensationSalary”)) of $333,000 per annum, payable in such regular installments as in accordance with the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledCompany’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation may be increased from time to time Committee during the term of this Agreement and adjusted accordingly at the Company’s sole discretiondiscretion of the Compensation Committee.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementa. For his services in the Officer Position, the Company agrees to pay to Executive a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 208,320 per annum (the “Base Compensation”)annum, payable in such installments as accordance with customary payroll practices. b. During the Company pays its similarly placed employees (but not less frequently than each calendar month)Term of this Agreement, subject the Board will review the level of Executive’s base salary at least annually, based upon factors deemed relevant, in order to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at determine Executive’s base salary through the Company’s sole discretionremaining Term of the Agreement.

Base Compensation. In consideration During the time that Executive is an employee of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementthe Company, the Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base CompensationSalary”)) of $350,000 per annum, payable in such regular installments as in accordance with the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledCompany’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation may be increased from time to time Committee during the term of this Agreement and adjusted accordingly at the Company’s sole discretiondiscretion of the Compensation Committee.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the The Company agrees to shall pay to the Executive a base salary in the amount ("BASE COMPENSATION") of three hundred fifty thousand dollars ($350,000) 130,000 per annum (from the “Base Compensation”)date of this Agreement, payable in such installments as accordance with the Company pays Company's customary practices for its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledsenior executive officers. The amount of Base Compensation shall be reviewed by the Board on at least an annual basis, and may be increased from time to time at reflect inflation or such other adjustments as the Company’s sole discretionBoard may deem appropriate; PROVIDED, HOWEVER, that Base Compensation, as increased, may not be decreased.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Two Hundred Ninety-Five Thousand Nine Hundred Twenty Dollars ($350,000295,920) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for his services ----------------- hereunder, the Company agrees to shall pay to the Executive during the Employment Period a base minimum annual salary in the amount of three hundred fifty thousand dollars Three Hundred Fifty Thousand Dollars ($350,000350,000.00) per annum (the “"Base Compensation”Salary"), less required or authorized deductions, payable in such installments as in accordance with the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledCompany's normal payment schedule for senior management of the Company. The Base Compensation Executive's salary may be increased from time to time above the Base Salary required by this Section 2.01 at the Company’s sole discretiondiscretion of the Board.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 425,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to Bank shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Five Hundred Sixty Thousand Dollars ($350,000560,000) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Two Hundred Fifty-Five Thousand Five Hundred Five Dollars ($350,000255,505) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Three Hundred Twenty-Five Thousand Dollars ($350,000325,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Two Hundred Twenty-Five Thousand Dollars ($350,000225,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the CompanyBoard of Directors of Employer, but Executive’s sole discretionannual base salary shall not be subject to reduction unless Employer implements a salary reduction applicable to all employees.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 600,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Five Hundred Sixty Thousand Dollars ($350,000560,000) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of the services to be rendered by Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to Employer shall pay to Executive base compensation at a base salary in the amount rate of three hundred fifty thousand dollars $400,000 per year ($350,000) per annum (the “Base Compensation”) (pro-rated for any partial years), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation shall be paid to Executive in accordance with the Employer’s standard payroll policies. Executive’s Base Compensation may be increased from time to time by the Employer at its discretion subject to the Company’s sole discretionterms herein. Executive shall not be entitled to receive the salary and benefits that are associated with the offered position unless Executive first executes and agrees to be bound by this Agreement.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Two Hundred Seventy-Five Thousand Dollars ($350,000275,000.00) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthAnnual Incentive Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration During the Term of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to shall compensate Executive at a base salary in the amount of three hundred fifty thousand dollars One Hundred and Twenty-Five Thousand Dollars ($350,000125,000.00) per annum year for any and all services rendered and to be rendered by Executive in connection with his employment (the “"Base Compensation”Salary"), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive's Base Compensation Salary may be increased from time to time at in the Company’s sole discretiondiscretion of the Company without amendment to this Agreement.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in the amount of three four hundred fifty thousand dollars ($350,000400,000) per annum (the “Base Compensation”), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the CompanyBoard’s sole discretion. The Executive shall not be entitled to any additional compensation in respect of his Board service.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be One Hundred Ninety Thousand Dollars ($350,000190,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the CompanyBoard of Directors of Employer, but Executive’s sole discretionannual base salary shall not be subject to reduction unless Employer implements a salary reduction applicable to all employees.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 575,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementDuring the Term, the Company agrees to pay to Executive shall receive a base salary in the amount at an annualized rate of three hundred fifty thousand Three Hundred Sixty Thousand dollars ($350,000) per annum (the “Base Compensation”360,000), less any deductions and withholding required by law and less any Executive-authorized payroll deductions, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledaccordance with regular payroll practices. The Base Compensation Executive’s base annualized salary rate may be increased from time to time at adjusted upward annually without further modification of this Agreement upon approval of the Boards of Directors of both Bank and Company’s sole discretion.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to Bank shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Two Hundred Fifty-Five Thousand Five Hundred Five Dollars ($350,000255,505) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 375,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.