Common use of Base Salary; Withholding Clause in Contracts

Base Salary; Withholding. The Company shall pay Executive a base salary of $240,000 per year during the 2006 calendar year, payable in arrears in accordance with the Company's standard payroll procedures as in effect from time to time. During the Term of this Agreement (as defined in Section 4) additional increases may be made as determined in the discretion of the Company's Board of Directors. The Board shall consider Executive's base salary no less frequently than annually and may increase, but not decrease, the base salary. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to Executive hereunder.

Appears in 1 contract

Samples: Employment Agreement (Onelink Corp)

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Base Salary; Withholding. The Company shall pay the Executive a base salary of $240,000 185,000 per year during the 2006 calendar yearTerm (as defined in Section 4), payable in arrears in accordance with the Company's ’s standard payroll procedures as in effect from time to time. During the Term of this Agreement (as defined in Section 4) additional increases may be made as determined in the discretion of the Company's Board of Directors’s President & CEO. The Board shall consider the Executive's ’s base salary no less frequently than annually and may increase, but not decrease, the base salary. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to the Executive hereunder.

Appears in 1 contract

Samples: Employment Agreement (Rancher Energy Corp.)

Base Salary; Withholding. The Company shall pay the Executive a base salary of $240,000 175,000 per year during the 2006 calendar yearTerm (as defined in Section 4), payable in arrears in accordance with the Company's ’s standard payroll procedures as in effect from time to time. During the Term of this Agreement (as defined in Section 4) additional increases may be made as determined in the discretion of the Company's Board of Directors. The Board shall consider the Executive's ’s base salary no less frequently than annually and may increase, but not decrease, the base salary. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to the Executive hereunder.

Appears in 1 contract

Samples: Employment Agreement (Rancher Energy Corp.)

Base Salary; Withholding. The Company shall pay the Executive a base salary of $240,000 100,000 per year during the 2006 calendar yearTerm (as defined in Section 4), payable in arrears in accordance with the Company's ’s standard payroll procedures as in effect from time to time. During the Term of this Agreement (as defined in Section 4) additional increases may be made as determined in the discretion of the Company's Board of Directors’s President & CEO. The Board shall consider the Executive's ’s base salary no less frequently than annually and may increase, but not decrease, the base salary. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to the Executive hereunder.

Appears in 1 contract

Samples: Employment Agreement (Rancher Energy Corp.)

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Base Salary; Withholding. The Company shall pay the Executive a base salary of $240,000 180,000 per year during the 2006 calendar yearTerm (as defined in Section 4), payable in arrears in accordance with the Company's ’s standard payroll procedures as in effect from time to time. During the Term of this Agreement (as defined in Section 4) additional increases may be made as determined in the discretion of the Company's Board of Directors’s President & CEO. The Board shall consider the Executive's ’s base salary no less frequently than annually and may increase, but not decrease, the base salary. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to the Executive hereunder.

Appears in 1 contract

Samples: Employment Agreement (Rancher Energy Corp.)

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