Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives.
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Samples: Employment Agreement (Gadsden Properties, Inc.), Employment Agreement (Gadsden Properties, Inc.)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 310,000, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives.
Appears in 1 contract
Samples: Employment Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 200,000, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives.
Appears in 1 contract
Samples: Employment Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 280,000, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives. The next normally scheduled review of senior level executives following the Effective Date is expected to occur no later than the first quarter of 2010.
Appears in 1 contract
Samples: Employment Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 277,600, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executivesofficers at Executive’s level.
Appears in 1 contract
Samples: Severance and Change of Control Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) $ , payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executivesofficers at Executive’s level.
Appears in 1 contract
Samples: Severance and Change of Control Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 200,000, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives.
Appears in 1 contract
Samples: Employment Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 270,400, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executivesofficers at Executive’s level.
Appears in 1 contract
Samples: Severance and Change of Control Agreement (Orthovita Inc)
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“"Base Salary”"), at the annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 395,000 payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s 's Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s 's normal performance review policies for senior level executives.
Appears in 1 contract
Base Salary and Bonus. (a) During the Employment Term, for all of the services rendered by the Executive hereunder, the Company shall pay the Executive a base salary (“Base Salary”), at the initial annual rate of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) 310,000, payable in semi-monthly installments at such times as the Company customarily pays its other employees. The Executive’s Base Salary shall be reviewed periodically by the Board (or a committee of the Board) pursuant to the Board’s normal performance review policies for senior level executives.
Appears in 1 contract
Samples: Employment Agreement (Orthovita Inc)