Common use of Base Salary and Incentive Compensation Clause in Contracts

Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be five hundred four thousand seven hundred dollars ($504,700). Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 3 contracts

Samples: Release Agreement (Harvard Apparatus Regenerative Technology, Inc.), Release Agreement (Harvard Apparatus Regenerative Technology, Inc.), Release Agreement (Harvard Apparatus Regenerative Technology, Inc.)

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Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be five three hundred four nine thousand seven hundred dollars ($504,700309,000). Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 3 contracts

Samples: Release Agreement (Harvard Apparatus Regenerative Technology, Inc.), Release Agreement (Harvard Apparatus Regenerative Technology, Inc.), Release Agreement (Harvard Apparatus Regenerative Technology, Inc.)

Base Salary and Incentive Compensation. Executive’s 's initial annual base salary shall be five hundred four thousand seven hundred dollars Two Hundred Seventy-Five Thousand ($504,700)275,000) Dollars. Executive’s 's base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as "Base Salary." The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basisinstallments. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Harvard Bioscience Inc), Employment Agreement (Harvard Bioscience Inc)

Base Salary and Incentive Compensation. Executive’s 's initial annual base salary shall be five hundred four thousand seven hundred dollars One Hundred Eighty-Five Thousand ($504,700)185,000) Dollars. Executive’s 's base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as "Base Salary." The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basisinstallments. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Harvard Bioscience Inc), Employment Agreement (Harvard Bioscience Inc)

Base Salary and Incentive Compensation. Executive’s 's initial annual base salary shall be five hundred four thousand seven hundred dollars Two Hundred Twenty-Five Thousand ($504,700)225,000) Dollars. Executive’s 's base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as "Base Salary." The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basisinstallments. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Harvard Bioscience Inc), Employment Agreement (Harvard Bioscience Inc)

Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be $235,000 (Two hundred thirty five hundred four thousand seven hundred dollars ($504,700Dollars). Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 1 contract

Samples: Release Agreement (Harvard Bioscience Inc)

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Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be five $441,000 ($ Four hundred four thousand seven hundred dollars ($504,700)forty one thousand) Dollars. Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 1 contract

Samples: Release Agreement (Harvard Bioscience Inc)

Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be $275,625 ($ Two hundred seventy five thousand six hundred four thousand seven hundred dollars ($504,700)twenty five) Dollars. Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 1 contract

Samples: Release Agreement (Harvard Bioscience Inc)

Base Salary and Incentive Compensation. Executive’s initial annual base salary shall be $535,500 ($ Five hundred thirty five hundred four thousand seven hundred dollars ($504,700)five hundred) Dollars. Executive’s base salary shall be redetermined annually by the Board or a Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a bi-weekly or more frequent basis. In addition to Base Salary, Executive shall be eligible to receive cash incentive compensation as determined by the Board or a Committee thereof from time to time, and shall also be eligible to participate in such incentive compensation plans as the Board or a Committee thereof shall determine from time to time for employees of the same status within the hierarchy of the Company.

Appears in 1 contract

Samples: Release Agreement (Harvard Bioscience Inc)

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