Common use of Base Salary and Deferred Compensation Clause in Contracts

Base Salary and Deferred Compensation. (1) Executive shall receive a base salary (the “Base Salary”) paid by the Company at the annual rate of $800,000, during the period beginning on the Effective Date and for each year of the Term, payable not less frequently than in substantially equal monthly installments (or such other more frequent times as executives of HCC normally are paid).

Base Salary and Deferred Compensation. (1) Executive shall receive a base salary (the “"Base Salary”") paid by the Company at the annual rate of $800,000, during the period beginning on the Effective Date and for each year of the Term, payable not less frequently than in substantially equal monthly installments (or such other more frequent times as executives of HCC normally are paid).

Base Salary and Deferred Compensation. (1) Executive shall receive a base salary (the “Base Salary”) paid by the Company at the annual rate of $800,000950,000, during the period beginning on the Effective Date and for each year of the Term, payable not less frequently than in substantially equal monthly installments (or such other more frequent times as executives of HCC normally are paid).