Common use of Base Salary and Benefits Clause in Contracts

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 per annum, including previous salary advances (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company are generally eligible.

Appears in 2 contracts

Samples: Employment Agreement (Gerald Stevens Inc/), Employment Agreement (Gerald Stevens Inc/)

AutoNDA by SimpleDocs

Base Salary and Benefits. (a) a. During the Employment Period, Executive's base salary shall be $150,000 180,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs general payroll practices, including those related to withholding for which senior executive employees taxes, insurance and similar items. Executive's Base Salary shall be increased on January 1 of each calendar year, commencing January 1, 1998, by the Adjustment Percentage (as defined below) of the Company are generally eligible.Base Salary applicable to the previous fiscal year. As used herein, "

Appears in 2 contracts

Samples: Employment Agreement (White Cap Holdings Inc), Employment Agreement (White Cap Holdings Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 100,000 per annum, including previous salary advances annum or such higher rate as the Compensation Committee may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which provided that the Base Salary shall be subject to required withholdingannual increases of no less than the increase in the Consumer Price Index announced from time to time. In addition, during the Employment Period, Executive The Base Salary shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees of the Company are generally eligiblegeneral payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Professional Medical Management Co), Employment Agreement (Professional Medical Management Co)

Base Salary and Benefits. (a) During the Employment Period, Executive's ’s base salary shall be $150,000 per annum, including previous salary advances year (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company’s general payroll practices and shall be subject to required withholding. In addition, during the Employment Period, Executive The Base Salary shall be entitled to participate in all of reviewed by the Company's employee benefit programs Board for which senior executive employees of the Company are generally eligibleincrease at least once every twelve (12) months.

Appears in 2 contracts

Samples: Employment Agreement (Rackable Systems, Inc.), Employment Agreement (Rackable Systems, Inc.)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 100,000.00 per annum, including previous salary advances annum and shall be subject to review by the Board on an annual basis (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (MST Enterprises Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 140,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which . The Base Salary shall be subject to required withholding. In addition, during adjustment from time to time in accordance with the Employment Period, Executive shall be entitled to participate in all compensation policies and practices of the Company; however, in no case shall Executive's employee benefit programs for which senior executive employees of salary be reduced below $140,000 per annum. The Base Salary shall be payable in regular installments in accordance with the Company are generally eligibleCompany's general payroll practices and shall be subject to customary withholding.

Appears in 1 contract

Samples: Employment Agreement (Warner Chilcott PLC)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be Three Hundred Thousand and No/ 100 Dollars ($150,000 300,000.00) per annum, including previous salary advances annum or such higher rate as the Board may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable semi-monthly in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees general payroll practices. Executive and the Chief Executive Officer shall have an annual review of the Company are generally eligibleExecutive's performance hereunder and shall discuss Executive's Base Salary and potential raises.

Appears in 1 contract

Samples: Employment Agreement (College Television Network Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 260,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which . The Base Salary shall be subject to required withholding. In addition, during adjustment from time to time in accordance with the Employment Period, Executive shall be entitled to participate in all compensation policies and practices of the Company; however, in no case shall Executive's employee benefit programs for which senior executive employees of salary be reduced below $260,000 per annum. The Base Salary shall be payable in regular installments in accordance with the Company are generally eligibleCompany's general payroll practices and shall be subject to customary withholding.

Appears in 1 contract

Samples: Employment Agreement (Warner Chilcott PLC)

Base Salary and Benefits. (ai) During the Employment Period, Executive's base salary shall be $150,000 1,000,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees general payroll practices. Following the second anniversary of the Company are generally eligibledate hereof, Executive's salary (and other benefits) will be reviewed by the Board annually and may be increased (but not decreased) from time to time as the Board may determine based upon performance and other reasonable factors.

Appears in 1 contract

Samples: Employment Agreement (Osullivan Industries Holdings Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 250,000 per annum, including previous salary advances year (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular ----------- installments in accordance with the Company's general payroll practices and shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Microclock Inc)

Base Salary and Benefits. (ai) During the Employment Period, Executive's base salary shall be $150,000 250,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees general payroll practices. Following the first anniversary of the Company are generally eligibledate hereof, Executive's salary (and other benefits) will be reviewed by the Board annually and may be increased (but not decreased) as the Board may determine based upon performance and other reasonable factors.

Appears in 1 contract

Samples: Employment Agreement (Osullivan Industries Holdings Inc)

Base Salary and Benefits. (a) During the Employment Period, The Executive's base salary shall be not less than $150,000 180,000 per annum, including previous salary advances annum or such higher rate as this contract may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which Base Salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees general payroll practices and subject to withholding and other payroll taxes. Such base salary shall increase incrementally at the same rate as the Consumer Price Index (CPI) of the Company are generally eligibleprevious year.

Appears in 1 contract

Samples: Employment Agreement (New Nrg, Inc.)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be Five Hundred Thousand and No/ 100 Dollars ($150,000 500,000.00) per annum, including previous salary advances annum or such higher rate as the Board may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate payable semi-monthly in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees of the Company are generally eligiblegeneral payroll practices.

Appears in 1 contract

Samples: Employment Agreement (College Television Network Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 per annum, including previous salary advances annum or such higher rate as the Company may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular ----------- installments in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 200,000 per annum, including previous salary advances annum or such higher rate as the Board in its sole discretion may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable ----------- in regular installments in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (E Tek Dynamics Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 100,000 per annum, including previous salary advances annum and shall be subject to review by the Board on an annual basis (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (MST Enterprises Inc)

AutoNDA by SimpleDocs

Base Salary and Benefits. (a) During the Employment Period, Executive's ’s base salary shall be $150,000 per annum, including previous salary advances year (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company’s general payroll practices and shall be subject to required withholding. In addition, during the Employment Period, Executive The Base Salary shall be entitled to participate in all of reviewed by the Company's employee benefit programs for which senior executive employees of the Company are generally eligibleBoard at least once every twelve (12) months.

Appears in 1 contract

Samples: Employment Agreement (Rackable Systems, Inc.)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 110,000 per annum, including previous salary advances annum or such higher rate as the Board may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which provided that the Base Salary shall be subject to required withholdingannual increases of no less than the increase in the Consumer Price Index announced from time to time. In addition, during the Employment Period, Executive The Base Salary shall be entitled to participate payable in all of regular installments in accordance with the Company's employee benefit programs for which senior executive employees of the Company are generally eligiblegeneral payroll practices.

Appears in 1 contract

Samples: Employment Agreement (Professional Medical Management Co)

Base Salary and Benefits. (ai) During the Employment Period, the Executive's base salary shall be $150,000 400,000 per annum, including previous salary advances annum or such higher rate as the Board may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company are generally eligible.

Appears in 1 contract

Samples: Executive Employment Agreement (Glenoit Asset Corp)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 210,000 per annum, including previous salary advances annum or such higher rate as the Company may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during During the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 155,000 per annum, including previous salary advances annum or such higher rate as the Company may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 100,000 per annum, including previous salary advances annum or such higher rate as the Board may designate from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to required customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's ’s base salary shall be $150,000 550,000.00 per annum, including previous salary advances or such higher amount as determined by the Board in its discretion, as adjusted from time to time (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which salary shall be subject to required withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of payable by the Company are generally eligible.in regular installments in accordance with the

Appears in 1 contract

Samples: Executive Employment Agreement (Core Molding Technologies Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be $150,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which . The Base Salary shall be subject to required withholding. In addition, during adjustment from time to time in accordance with the Employment Period, Executive shall be entitled to participate in all compensation policies and practices of the Company; however, in no case shall Executive's employee benefit programs salary be reduced below $150,000 per annum for which senior executive employees of a 3.5 day workweek. The Base Salary shall be payable in regular installments in accordance with the Company are generally eligibleCompany's general payroll practices and shall be subject to customary withholding.

Appears in 1 contract

Samples: Employment Agreement (Warner Chilcott PLC)

Base Salary and Benefits. (a) During the Employment Period, Executive's ’s base salary shall be $150,000 100,000 per annum, including previous salary advances annum (along with any increases as provided for in Section 3(c) hereto, the "Base Salary"), which ”) payable in cash and in accordance with the Company’s general payroll practices. The Base Salary shall be subject to required withholding. In addition, during upward adjustment in the Employment Period, Executive shall be entitled to participate in all discretion of the Company's employee benefit programs for which senior executive employees of the Company are generally eligible’s Chief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Provide Commerce Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.