Common use of Base Compensation Clause in Contracts

Base Compensation. The Company agrees to pay Executive a base salary at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be payable in accordance with the standard payroll procedures of the Company and shall be subject to annual review beginning in April 2004.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate ("Base Compensation") of $1,500,000 (“Base Compensation”). Such salary shall be 235,000 per annum, payable in accordance with the standard Company's customary payroll procedures practices for its officers. The amount of the Company and Base Compensation shall be subject to annual review beginning in April 2004reviewed by the Board annually; provided, however, that Base Compensation may not be decreased.

Appears in 2 contracts

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

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of four hundred thousand dollars ($1,500,000 (“Base Compensation”400,000). Such salary shall be , prorated for any partial employment period and payable in equal monthly installments in accordance with the standard Company’s payroll procedures schedule. The Compensation Committee of the Company and Board shall be subject annually review the then-current level of Executive’s base salary to annual review beginning in April 2004determine the amount, if any, of change to such salary.

Appears in 2 contracts

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

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 300,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 2 contracts

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

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate salary of $1,500,000 200,000 (the "Base Compensation"). Such salary The Base Compensation shall be payable in accordance with equal installments pursuant to the standard Company's customary payroll procedures in effect for its executive personnel at the time of the Company and shall be payment, but in no event less frequently than monthly, subject to annual review beginning in April 2004withholding for applicable federal, state, and local income and employment related taxes.

Appears in 2 contracts

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

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be 440,000 Dollars, prorated for any partial employment period and payable in equal monthly installments in accordance with the standard Company’s payroll procedures schedule. The Compensation Committee of the Company and Board shall be subject annually review the then-current level of Executive’s base salary (for increase only) to annual review beginning in April 2004determine the amount, if any, of change to such salary.

Appears in 1 contract

Samples: Executive Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. The Company agrees to pay Executive a shall be paid an annual base salary at an annual rate of Seventy-Seven Thousand and 00/100 Dollars ($1,500,000 77,000.00) (“Base Compensation”). Such salary shall be ) beginning on the Effective Date and payable in accordance with the standard Company’s payroll procedures of the Company and shall be subject to annual review beginning in April 2004practices.

Appears in 1 contract

Samples: Compensation Agreement (Sparbar, Inc.)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of six hundred thousand dollars ($1,500,000 (“Base Compensation”600,000). Such salary shall be , prorated for any partial employment period and payable in equal monthly installments in accordance with the standard Company's payroll procedures schedule. The Compensation Committee of the Company and Board shall be subject annually review the then-current level of Executive's base salary to annual review beginning in April 2004determine the amount, if any, of salary change.

Appears in 1 contract

Samples: Employment Agreement (Sangamo Biosciences Inc)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate ("Base Compensation") of $1,500,000 (“Base Compensation”). Such salary shall be 350,000 per annum, payable in accordance with the standard Company's customary payroll procedures practices for its officers. The amount of the Company and Base Compensation shall be subject to annual review beginning in April 2004.reviewed by the Board annually; provided, however, that Base Compensation may not be decreased. (b)

Appears in 1 contract

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

Base Compensation. Until May 1, 1999, the Company agrees to pay the Executive an annual base salary at the rate of $240,000 per annum (the "Base Compensation") payable in substantially equal installments semi-monthly or in such other manner as the Company may generally pay its employees and subject to required withholdings and normal payroll deductions. The Company agrees to pay review and set the Base Compensation of the Executive a base salary at on an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be payable in accordance with the standard payroll procedures of the Company and shall be subject to annual review beginning in April 2004basis for periods after May 1, 1999.

Appears in 1 contract

Samples: Executive Compensation Agreement (Metricom Inc / De)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (the “Base Compensation”). Such salary shall be ) in the initial amount of $275,000, payable in accordance with the Company’s standard payroll procedures practices and subject to withholding for applicable federal, state and local taxes and all 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 Company and shall be subject to annual review beginning in April 2004Board.

Appears in 1 contract

Samples: Employment Agreement (Akrion, Inc.)

Base Compensation. The Company agrees to pay Effective January 1, 2017 and continuing through the Employment Term, Executive a shall receive an annual base salary at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be 210,000, payable in accordance with the standard Company’s normal payroll procedures of the Company and shall be subject to annual review beginning in April 2004practices (“Annual Base Salary”).

Appears in 1 contract

Samples: Executive Employment Agreement (Lapolla Industries Inc)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (the “Base Compensation”). Such salary shall be ) in the initial amount of $245,000, payable in accordance with the Company’s standard payroll procedures practices and subject to withholding for applicable federal, state and local taxes and all 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 Company and shall be subject to annual review beginning in April 2004Board.

Appears in 1 contract

Samples: Employment Agreement (Akrion, Inc.)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate of US $1,500,000 (“Base Compensation”). Such salary shall be 244,400.00, payable in accordance with the standard payroll procedures bi monthly installments of the Company and shall be subject to annual review beginning in April 2004$10,183.33 each.

Appears in 1 contract

Samples: Employment Agreement (BioTrove, Inc.)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate of US $1,500,000 (“Base Compensation”). Such salary shall be 236,250.00, payable in accordance with the standard payroll procedures bi monthly installments of the Company and shall be subject to annual review beginning in April 2004$9,843.75 each.

Appears in 1 contract

Samples: Employment Agreement (BioTrove, Inc.)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 285,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees to pay Executive a shall be paid by the Employer and/or its Affiliates base salary at an annual rate of $1,500,000 450,000 commencing on the Effective Date (the “Base Compensation”). Such salary shall , which will be payable in accordance with according to the standard Employer's customary payroll procedures of the Company and shall be subject to annual review beginning in April 2004practices.

Appears in 1 contract

Samples: Employment Agreement (VOXX International Corp)

Base Compensation. The During the time that Executive is an employee of the Company, the Company agrees shall pay to pay Executive a base salary at an annual rate (the “Base Salary”) of $1,500,000 (“Base Compensation”). Such salary shall be 275,000 per annum, payable in regular installments in accordance with the standard payroll procedures 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 Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be 415,000 Dollars, prorated for any partial employment period and payable in equal monthly installments in accordance with the standard Company’s payroll procedures schedule. The Compensation Committee of the Company and Board shall be subject annually review the then-current level of Executive’s base salary (for increase only) to annual review beginning in April 2004determine the amount, if any, of change to such salary.

Appears in 1 contract

Samples: Executive Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 225,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The the Company agrees to shall pay the Executive a an annual base salary at an annual rate in the amount of not less than $1,500,000 (“Base Compensation”). Such salary shall be payable 225,000.00, calculated and paid in accordance with the Company’s standard payroll procedures of 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 Company and shall be subject to annual review beginning in April 2004“Base Salary”.

Appears in 1 contract

Samples: Employment Agreement (COMSovereign Holding Corp.)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be 420,000 Dollars, prorated for any partial employment period and payable in equal monthly installments in accordance with the standard Company’s payroll procedures schedule. The Compensation Committee of the Company and Board shall be subject annually review the then-current level of Executive’s base salary (for increase only) to annual review beginning in April 2004determine the amount, if any, of change to such salary.

Appears in 1 contract

Samples: Executive Employment Agreement (Sangamo Therapeutics, Inc)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate of US $1,500,000 (“Base Compensation”). Such salary shall be 225,000.00 payable in accordance with the standard payroll procedures 24 equal semi-monthly installments of the Company and shall be subject to annual review beginning in April 2004$9,375.00 per calendar month.

Appears in 1 contract

Samples: Employment Agreement (BioTrove, Inc.)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 220,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 250,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The During the time that Executive is an employee of the Company, the Company agrees shall pay to pay Executive a base salary at an annual rate (the “Base Salary”) of $1,500,000 (“Base Compensation”). Such salary shall be 230,000 per annum, payable in regular installments in accordance with the standard payroll procedures 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 Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The During the time that Executive is an employee of the Company, the Company agrees shall pay to pay Executive a base salary at an annual rate (the “Base Salary”) of $1,500,000 (“Base Compensation”). Such salary shall be 285,000 per annum, payable in regular installments in accordance with the standard payroll procedures 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 Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The During the Term, the Company agrees to will pay Executive a base salary (the “Base Salary”) at an annual rate of $1,500,000 (“Base Compensation”). Such salary 250,000, which shall be payable paid in accordance with the standard Company’s normal payroll procedures of the Company and shall be subject practices for its salaried executive employees from time to annual review beginning time in April 2004effect.

Appears in 1 contract

Samples: Employment Agreement (Avatech Solutions Inc)

AutoNDA by SimpleDocs

Base Compensation. The Company agrees to pay Executive a shall be provided with annualized base salary at an annual rate of $1,500,000 $ 450,000 (the “Base Compensation”). Such salary shall be , payable in accordance with the standard regular payroll procedures practices of the Company and shall be subject to annual review beginning Company, with adjustments, if any, as may approved in April 2004writing by the Board.

Appears in 1 contract

Samples: Employment Agreement (Charah Solutions, Inc.)

Base Compensation. The Effective January 1, 2009, the Company agrees to shall pay the Executive a base salary (“Base Salary”) calculated at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be payable in accordance with the standard payroll procedures of the Company and shall be subject to annual review beginning in April 2004400,000.

Appears in 1 contract

Samples: Revocation of Option Agreement (Lapolla Industries Inc)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate of US $1,500,000 (“Base Compensation”). Such salary shall be 210,000.00, payable in accordance with the standard payroll procedures bi-monthly installments of the Company and shall be subject to annual review beginning in April 2004$8,750.00 each.

Appears in 1 contract

Samples: Employment Agreement (BioTrove, Inc.)

Base Compensation. The During the Term, the Company agrees to will pay the Executive a base salary (the “Base Salary”) at an annual rate of $1,500,000 (“Base Compensation”). Such salary shall be 250,000, payable in accordance with the standard Company’s normal payroll procedures of the Company and shall be subject to annual review beginning in April 2004for executive employees.

Appears in 1 contract

Samples: Employment Agreement (Avatech Solutions Inc)

Base Compensation. The Company agrees to pay the Executive a an annual base salary at an annual the rate of $1,500,000 225,000 per annum (the "Base Compensation”). Such salary shall be ") payable in accordance with substantially equal installments semi-monthly or in such other manner as the standard payroll procedures Company may generally pay its employees. The company agrees to review the Base Compensation of the Company and shall be subject to annual review beginning in April 2004Executive on or about January 1, 1998.

Appears in 1 contract

Samples: Executive Compensation Agreement (Premenos Technology Corp)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 420,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees shall pay to pay Executive a an annual base salary at an annual rate of $1,500,000 (the “Base Compensation”). Such salary shall be ) in the initial amount of $345,000, payable in accordance with the Company’s standard payroll procedures practices and subject to withholding for applicable federal, state and local taxes and all 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 Company and shall be subject to annual review beginning in April 2004Board.

Appears in 1 contract

Samples: Employment Agreement (Akrion, Inc.)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate salary of $1,500,000 250,000 (the “Base Compensation”). Such salary The Base Compensation shall be payable in accordance with equal installments pursuant to the standard Company's customary payroll procedures in effect for its executive personnel at the time of the Company and shall be payment, but in no event less frequently than monthly, subject to annual review beginning in April 2004withholding for applicable federal, state, and local income and employment related taxes.

Appears in 1 contract

Samples: Employment Agreement (Q Comm International Inc)

Base Compensation. As of the Effective Date of this Agreement Executive's annual base salary will be $ 160,000.00 ("Base Compensation"). The Company agrees to will pay Executive a base salary at an annual rate of $1,500,000 (“the Base Compensation”). Such salary shall be payable Compensation in accordance with the standard normal Company payroll procedures of the Company and practices. The Base Compensation shall be subject reviewed annually and may be increased from time to annual review beginning time, in April 2004which case the "Base Compensation" will refer to the base salary earned by Executive at the time in question.

Appears in 1 contract

Samples: Executive Officer Severance Agreement (Insilicon Corp)

Base Compensation. The During the time that Executive is an employee of the Company, the Company agrees shall pay to pay Executive a base salary at an annual rate (the “Base Salary”) of $1,500,000 (“Base Compensation”). Such salary shall be 250,000 per annum, payable in regular installments in accordance with the standard payroll procedures 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 Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. As of the Effective Date of this Agreement Executive's annual base salary will be $ 173,250.00 ("Base Compensation"). The Company agrees to will pay Executive a base salary at an annual rate of $1,500,000 (“the Base Compensation”). Such salary shall be payable Compensation in accordance with the standard normal Company payroll procedures of the Company and practices. The Base Compensation shall be subject reviewed annually and may be increased from time to annual review beginning time, in April 2004which case the "Base Compensation" will refer to the base salary earned by Executive at the time in question.

Appears in 1 contract

Samples: Executive Officer Severance Agreement (Insilicon Corp)

Base Compensation. The Company agrees to pay Executive a shall be paid by the Employer and/or its Affiliates base salary at an annual rate of $1,500,000 400,000 commencing on the Effective Date (the “Base Compensation”). Such salary shall , which will be payable in accordance with according to the standard Employer's customary payroll procedures of the Company and shall be subject to annual review beginning in April 2004practices.

Appears in 1 contract

Samples: Employment Agreement (VOXX International Corp)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 280,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees shall pay to pay the Executive a base salary at an annual rate of US $1,500,000 (“Base Compensation”). Such salary shall be 350,000.00, payable in accordance with the standard payroll procedures bi monthly installments of the Company and shall be subject to annual review beginning in April 2004$14,583.33 each.

Appears in 1 contract

Samples: Employment Agreement (BioTrove, Inc.)

Base Compensation. The During the Term, the Company agrees to pay Executive a base salary at an annual the rate of $1,500,000 (“Base Compensation”). Such salary shall be 428,926 per year payable in accordance with the standard Company's customary payroll procedures of practices generally applicable to similarly situated employees as may be in effect from time to time (the Company and shall be subject to annual review beginning in April 2004"Base Salary").

Appears in 1 contract

Samples: Employment Agreement (Photronics Inc)

Base Compensation. The Company agrees shall pay to pay Executive a base salary at an annual rate (the "Base Salary") of $1,500,000 (“Base Compensation”). Such salary shall be 290,000 per annum, payable in regular installments in accordance with the standard payroll procedures Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Company and shall be subject to annual review beginning in April 2004Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Base Compensation. The Company agrees to pay Executive shall be paid a base salary (the "Base Salary") at an annual the rate of $1,500,000 (“140,000 per annum, less statutory deductions and withholdings. The Base Compensation”). Such salary Salary shall be payable in accordance a manner consistent with the standard normal payroll procedures practices of the Company and as in effect from time to time. The Base Salary shall be subject to annual review beginning in April 2004reviewed annually by the Compensation Committee of the Board (the "Committee").

Appears in 1 contract

Samples: Employment Agreement (Isg Resources Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!