Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 4 contracts

Sources: Employment Agreement, Employment Agreement (Exela Technologies, Inc.), Employment Agreement (Banctec Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the annual rate of $321,000 1,500,000 per annum (“Base Salary”), payable in regular installments semi-monthly in accordance with the Company’s customary payment practicesexecutive payroll policy. The Such Base Salary shall be reviewed annually on the Company’s regular executive salary review schedule, and shall be subject to annual review by adjustment at the Board or the Compensation Committee (or similar committee) discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 3 contracts

Sources: Employment Agreement (Aon PLC), Employment Agreement (Aon Corp), Employment Agreement (Aon Corp)

Base Salary. During the Employment TermPeriod, the Company shall pay the to Executive a base salary at the annual rate of $321,000 compensation (“Base Salary”)) in the amount of One Hundred Seventy Three Thousand Dollars ($173,000) per annum, payable in regular periodic installments in accordance with the Company’s customary payment practicespayroll practices in effect from time to time. The Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the all applicable withholdings and deductions. Executive’s Base Salary may shall be increased (but not decreased) at their sole discretionsubject to review no less frequently than annually.

Appears in 3 contracts

Sources: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of not less than $321,000 (“330,000. Base Salary”), salary shall be payable in regular installments in accordance with the usual payroll practices of the Company. Executive’s customary payment practices. The Base Salary base salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of during the Company whereupon the Base Salary Employment Term and may be increased (increased, but not decreased) at their sole discretion, from time to time by the Board or the Compensation Committee. The base salary as determined as aforesaid from time to time shall constitute “Base Salary” for purposes of this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Priceline Group Inc.), Employment Agreement (Priceline Com Inc), Employment Agreement (Priceline Com Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,021,199.82, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 3 contracts

Sources: Employment Agreement (Ap Al LLC), Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, in full consideration of the performance by the Executive of the Executive’s obligations hereunder (including any services as an officer, director, employee, or member of any committee of any affiliate of the Company, or otherwise on behalf of the Company), the Executive shall receive from the Company shall pay the Executive a base salary (the “Base Salary”) at the an annual rate of $321,000 (“Base Salary”)600,000 per year, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) normal payroll practices of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthen in effect.

Appears in 3 contracts

Sources: Employment Agreement (Third Point Reinsurance Ltd.), Employment Agreement (Third Point Reinsurance Ltd.), Employment Agreement (Third Point Reinsurance Ltd.)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary (the “Base Salary”) at the an annual rate of $321,000 (“Base Salary”)450,000, less applicable withholdings and deductions, payable in regular installments in accordance with the Company’s customary or the Employer’s usual payment practices. The Base Salary shall be practices and subject to annual review by the Board or the Compensation Committee (or similar committee) compensation committee of the Company whereupon Board (the Base Salary may be increased (but not decreased) at their sole discretion“Compensation Committee”).

Appears in 3 contracts

Sources: Employment Agreement (Arxis, Inc.), Employment Agreement (Arxis, Inc.), Employment Agreement (Arxis, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 258,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Exela Technologies, Inc.), Employment Agreement (Banctec Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable at the annual rate of $350,000, as the same may be increased by the Board thereafter pursuant to the Company’s normal practices for its executives, which shall be paid in regular installments in accordance with the Company’s customary payment normal payroll practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 3 contracts

Sources: Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $400,000.00 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 3 contracts

Sources: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment TermPeriod, the Company shall pay the to Executive a base salary at the annual rate of $321,000 compensation (“Base Salary”)) in the amount of One Hundred Eighty Two Thousand Five Hundred Dollars ($182,500) per annum, payable in regular periodic installments in accordance with the Company’s customary payment practicespayroll practices in effect from time to time. The Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the all applicable withholdings and deductions. Executive’s Base Salary may shall be increased (but not decreased) at their sole discretionsubject to review no less frequently than annually.

Appears in 3 contracts

Sources: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a annual base salary (the "Base Salary") at the annual rate no less than the rate of $321,000 (“base salary in effect as of the Effective Date. Base Salary”), Salary shall be payable in regular installments in accordance with the Company’s customary payment 's usual payroll practices. The Management Compensation Committee of the Board (the "Compensation Committee") shall review Base Salary shall be subject to annual for the purpose of increasing it in accordance with its normal review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionprocedures.

Appears in 3 contracts

Sources: Employment Agreement (Nasdaq Stock Market Inc), Employment Agreement (Nasdaq Stock Market Inc), Employment Agreement (Nasdaq Stock Market Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 240,000 per annum (the “Base Salary”), payable in regular periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment practiceslaws, but no less frequently than monthly. The Base Salary shall be subject to annual review reviewed at least annually by the Board or and the Compensation Committee (or similar committee) of Board may, but shall not be required to, increase the Company whereupon base salary during the Base Salary may be increased (but not decreased) at their sole discretionEmployment Term.

Appears in 3 contracts

Sources: Employment Agreement (Classover Holdings, Inc.), Employment Agreement (Classover Holdings, Inc.), Employment Agreement (Classover Holdings, Inc.)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)425,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Sources: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at in the annual rate amount of $321,000 £385,000 per annum (the “Base Salary”), payable in regular such installments in accordance with as the Company’s customary payment practicesCompany pays other similarly situated individuals. The Base Salary shall will be subject to annual review annually reviewed for increase (but not decrease) by the Board or the Compensation Committee (or similar committee) of the Board of Directors of the Company whereupon (the Base Salary may be increased (but not decreased“Compensation Committee”) at their sole discretionduring the Term.

Appears in 2 contracts

Sources: Employment Agreement (Perella Weinberg Partners), Employment Agreement (Perella Weinberg Partners)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $335,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $850,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the The Company shall pay the to Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $250,000 per annum, payable in regular installments in accordance with the Company’s customary payment practicesthen current payroll practice. The Base Salary shall be subject to annual review by reviewed annually and may be increased in the Board or sole discretion of the Compensation Committee (or similar committee) of the Company’s Board of Directors (the “Compensation Committee”). The Company whereupon shall be entitled to deduct or withhold all taxes and charges which the Base Salary Company may be increased (but not decreased) at their sole discretionrequired to deduct or withhold therefrom.

Appears in 2 contracts

Sources: Employment Agreement (Hhgregg, Inc.), Employment Agreement (HHG Distributing, LLC)

Base Salary. During While employed by the Employment TermCompany, the Company shall pay the Executive as compensation for his services a base salary at the annual annualized rate of three hundred and fifty thousand dollars ($321,000 350,000) (the “Base Salary”), payable in regular installments . Such salary shall be paid periodically in accordance with normal Company payroll practices and subject to the Companyusual, required withholding. Executive’s customary payment practices. The Base Salary shall be subject to annual review reviewed annually by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard for possible adjustments in light of Executive’s performance and competitive data.

Appears in 2 contracts

Sources: Employment Agreement (3PAR Inc.), Employment Agreement (3PAR Inc.)

Base Salary. During While employed by the Employment TermCompany, the Company shall pay ----------- the Executive as compensation for his services a base salary at the annual annualized rate of $321,000 200,000 (the "Base Salary"), payable in regular installments . Such salary shall be paid periodically in accordance with normal Company payroll practices and subject to the Company’s customary payment practicesusual required withholding. The Base Salary shall be subject to annual review reviewed annually for possible raises, as determined by the Board or the Compensation Committee (or similar committee) in its discretion, in light of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCompany's performance and Executive's performance of his duties.

Appears in 2 contracts

Sources: Employment Agreement (Somera Communications Inc), Employment Agreement (Somera Communications Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)600,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Base Salary. During the Employment TermPeriod of Employment, the Company shall will pay the Executive a base salary at the an annual rate equal to one million thirty thousand dollars ($1,030,000.00) effective on the Effective Date, subject to such annual increases as the Company’s Board of $321,000 Directors’ Compensation Committee (the “Committee”) deems appropriate in its sole discretion (“Base Salary”), . Base Salary will be payable in regular installments in accordance with according to the customary payroll practices of the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Wyndham Hotels & Resorts, Inc.), Employment Agreement (Wyndham Hotels & Resorts, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary salary, payable in equal installments in accordance with Company payroll procedures, at the an annual rate of $321,000 (“Base Salary”)350,000, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Hillman Companies Inc), Employment Agreement (Hillman Companies Inc)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) during the period of the Executive’s employment hereunder, payable in regular installments which shall be Four Hundred Thousand Dollars ($400,000.00) per annum. The Base Salary shall be paid in accordance with the Company’s customary payment standard payroll practices. The Base Salary shall be subject to reviewed for possible increase on an annual review by basis and shall not be decreased during the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm.

Appears in 2 contracts

Sources: Employment Agreement (Avangrid, Inc.), Employment Agreement (Avangrid, Inc.)

Base Salary. During As compensation for the performance by the Executive of his obligations hereunder, during the Employment TermPeriod, the Company shall pay the Executive a base salary at the an annual rate of $321,000 600,000 (the “Base Salary”), . The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment practicesregularly established payroll practice. The Base Salary Board shall be subject to conduct an annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary and may be increased increase (but not decreaseddecrease) at their such Base Salary in its sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.), Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $321,000 550,000.00 per annum, payable consistent with the Company’s standard payroll practices then in effect (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Such Base Salary shall be subject to annual review reviewed by the Board or the Compensation Committee of Advance’s Board of Directors (or similar committee) of hereinafter the Company whereupon the Base Salary may be increased (but not decreased“Compensation Committee”) at their sole discretionleast annually, with any changes taking into account, among other factors, Company and individual performance.

Appears in 2 contracts

Sources: Employment Agreement (Advance Auto Parts Inc), Employment Agreement (Advance Auto Parts Inc)

Base Salary. During the Employment Term, the The Company shall pay the Executive a the base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $240,000, which shall be subject to customary withholdings and authorized deductions and shall be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary shall be subject to review on at least an annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionbasis.

Appears in 2 contracts

Sources: Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.), Employment Agreement (Corbus Pharmaceuticals Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)180,000, payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual review by and subject to increase, but not decrease, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 325,000 ("Base Salary"), payable in regular installments in accordance with the Company’s 's customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a an annual base salary at the annual rate of $321,000 (“Base Salary”)325,000 per year, payable in regular installments which shall be paid to Executive in accordance with the Company’s customary payment standard payroll practices, as in effect from time to time (such base salary, as may be increased pursuant to the following sentence, the “Base Salary”). The Base Salary shall be subject to annual review reviewed annually for increase as determined by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their thereof in its sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Chanticleer Holdings, Inc.), Employment Agreement (Chanticleer Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (as may be adjusted, the “Base Salary”) at the annual rate of $321,000 (“Base Salary”), 500,000 payable in regular installments in accordance with the Company’s customary payment practicesPolicies. The Base Salary Board shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionannually.

Appears in 2 contracts

Sources: Employment Agreement (Meta Materials Inc.), Employment Agreement (Meta Materials Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall to be subject to annual review determined by the Board or the Compensation Committee thereof (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionSalary”).

Appears in 2 contracts

Sources: Executive Employment Agreement (Affiliated Computer Services Inc), Executive Employment Agreement (Affiliated Computer Services Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)200,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Elastomers Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the The Company shall pay the Executive during the Term a ----------- base salary at the annual rate of $321,000 400,000 per annum (“Base the "Annual Salary"), payable in regular installments in accordance with the Company’s customary payment practicespayroll practices of the Company applicable to senior executives. The Base Annual Salary shall be subject to annual review reviewed at least annually by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may "Compensation Committee"), but shall not be increased (but not decreased) at their sole discretiondecreased during the Term.

Appears in 2 contracts

Sources: Employment Agreement (Siemens Aktiengesellschaft/Adr), Employment Agreement (Efficient Networks Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)500,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)375,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Sources: Employment Agreement (Polymer Holdings LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 265,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment TermTerm and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews. Increases in Executive’s Base Salary, if any, may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,500,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review reviewed by the Board or following the Compensation Committee (or similar committee) completion of each consecutive 12-month period of the Company whereupon the Base Salary Initial Term and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board (with such increased (but not decreased) at their sole discretionamount, if any, constituting “Base Salary” for purposes of this Agreement).

Appears in 2 contracts

Sources: Employment Agreement (Ami Celebrity Publications, LLC), Employment Agreement (Ami Celebrity Publications, LLC)

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Polymer Holdings LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable at the annual rate of $445,050, which shall be paid in regular installments in accordance with the Company’s customary payment normal payroll practices. The Executive’s Base Salary shall be subject to annual review reviewed annually by the Board or the Compensation Committee (or similar committeethe “Compensation Committee”) of the Company whereupon Board of Directors (the Base Salary “Parent Board”) of enGene Holdings Inc. (“Parent”), and may be increased (increased, but not decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (enGene Holdings Inc.), Employment Agreement (enGene Holdings Inc.)

Base Salary. During the Employment Term, the Company Employer shall pay the Executive a an annual base salary at the annual rate of $321,000 250,000.00 payable in accordance with the Employer’s customary payroll procedures (the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an annual basis by the CEO. All compensation payable to the Executive from the Employer or its affiliates shall be subject to annual review all applicable withholding taxes, normal payroll withholding and any other amounts required by the Board law or the Compensation Committee (terms of any applicable benefit plan or similar committee) of the Company whereupon the Base Salary may program to be increased (but not decreased) at their sole discretionwithheld.

Appears in 2 contracts

Sources: Employment Agreement (Selway Capital Acquisition Corp.), Employment Agreement (Selway Capital Acquisition Corp.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)350,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon board of directors of KRATON (the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Sources: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)220,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Base Salary Executive shall be subject entitled to annual review by reviews and increases in Executive’s Base Salary, if any, as may be determined in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Kraton Polymers LLC), Employment Agreement (Kraton Polymers LLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 240,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Banctec Inc), Employment Agreement (Banctec Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 300,000 per year or such higher rate as may be determined from time to time by the Board ("Base Salary"), payable in regular installments . Such Base Salary shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion's standard payroll practice for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Ogden Corp), Employment Agreement (Ogden Corp)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at in the annual rate amount of $321,000 500,000 per annum (the “Base Salary”), payable in regular such installments in accordance with as the Company’s customary payment practicesCompany pays other similarly situated individuals. The Base Salary shall will be subject to annual review annually reviewed for increase (but not decrease) by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but not decreased“Compensation Committee”) at their sole discretionduring the Term.

Appears in 2 contracts

Sources: Employment Agreement (Perella Weinberg Partners), Employment Agreement (Perella Weinberg Partners)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary ("Base Salary") of US $275,000, payable at the annual rate of $321,000 (“Base Salary”), payable times and in regular installments in accordance the manner consistent with the Company’s customary payment practices's policies regarding compensation of executive employees. The Company agrees to review such compensation not less frequently than annually during the Term. Once increased, the Base Salary may not be decreased. The Base Salary as increased from time to time shall be subject referred to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the herein as "Base Salary may be increased (but not decreased) at their sole discretionSalary".

Appears in 2 contracts

Sources: Employment Agreement (Scottish Re Group LTD), Employment Agreement (Scottish Annuity & Life Holdings LTD)

Base Salary. During the Employment Term, the The Company Group shall pay the Executive a base salary at in the annual rate amount of $321,000 236,300 per annum, as adjusted as permitted herein (the “Base Salary”)) during the Term, payable in accordance the Company Group’s regular installments payroll practices as in accordance with the Company’s customary payment practiceseffect from time to time. The Base Salary shall be subject to annual review periodically reviewed by the Board or during the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm and subject to change upon reasonable notice.

Appears in 2 contracts

Sources: Employment Agreement (FTC Solar, Inc.), Employment Agreement (FTC Solar, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary (the "Base Salary") during the period of the Executive's employment hereunder, which shall be at the annual an initial rate of Two Hundred and Seventy-One Thousand Dollars ($321,000 (“271,000.00) per annum. The Base Salary”), payable in regular installments Salary shall be paid in accordance with the Company’s customary payment 's standard payroll practices. The Base Salary shall be subject to reviewed for possible increase on an annual review by basis and shall not be decreased during the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionTerm.

Appears in 2 contracts

Sources: Employment Agreement (Avangrid, Inc.), Severance Agreement (Avangrid, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a an annual base salary (the "Base Salary") at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices$ 600,000 per year. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary reviewed no less frequently than annually and may be increased (but not decreased) at their sole discretionthe discretion of the Board. The Base Salary shall be payable semi-monthly or in such other installments as shall be consistent with the Company's payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (S1 Corp /De/), Employment Agreement (S1 Corp /De/)

Base Salary. During the Employment Term, the The Company shall pay to the Executive an annual salary (the "Base Salary") at a base salary at the annual rate of no less than $321,000 (“Base Salary”)325,000 per year, payable in regular substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary payment practices's then current ordinary payroll practices as established from time to time. The Base Salary shall be subject to annual review reviewed in good faith by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but "Compensation Committee") not decreased) at their sole discretionless often than annually.

Appears in 2 contracts

Sources: Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) of $260,000, payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Base Salary shall may, in the Company’s discretion, be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary upwardly adjusted and may not be increased (but not decreased) at their sole discretiondecreased after such adjustment.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Interline Brands, Inc./De)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at the annual rate of $321,000 (“41,667 per month commencing on October 1, 2000. Such base salary, together with any increases the Board may grant from time to time, is referred to in this Agreement as "Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. ." The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Board. Such Base Salary may shall be increased (but not decreased) at their sole discretionsubject to applicable tax withholding and shall be paid in accordance with normal Company payroll practices.

Appears in 2 contracts

Sources: Employment Agreement (High Speed Access Corp), Employment Agreement (High Speed Access Corp)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at during the annual rate of $321,000 (“Base Salary”)Term, payable in regular installments in accordance with the normal payment procedures of the Company’s customary payment practices, at the rate of $508,500 per annum. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of Parent and the Company whereupon agree to review such compensation not less frequently than annually during the Base Salary may be increased (but not decreased) at their sole discretionTerm.

Appears in 2 contracts

Sources: Employment Agreement (Simon Property Group L P /De/), Employment Agreement (SPG Realty Consultants Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)515,000, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (of any direct or similar committee) indirect parent of the Company, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at in the annual rate amount of $321,000 635,000 per annum (the “Base Salary”), payable in regular such installments in accordance with as the Company pays other similarly-situated officers of the Company’s customary payment practices. The Base Salary shall will be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary annually reviewed and may be increased (but not decreased) at their sole discretionby the Compensation Committee of the Board (the “Compensation Committee”) during the Term.

Appears in 2 contracts

Sources: Employment Agreement (Social Leverage Acquisition Corp I), Employment Agreement (Social Leverage Acquisition Corp I)

Base Salary. During the Employment Term, the The Company shall pay to the Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) during the Employment Period of $400,000 per annum, payable in regular installments in accordance with the payroll practices for senior executives of the Company’s customary payment practices. The Base Salary shall be subject to an annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary review, and may be increased (increased, but not decreased) at their , in the sole discretionand absolute discretion of the Board of Directors or any committee delegated such responsibility. Upon any such increase the term “Base Salary” shall mean such increased amount.

Appears in 2 contracts

Sources: Employment Agreement (Nationsrent Companies Inc), Employment Agreement (Nationsrent Companies Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,021,200, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,100,000, pro-rated for any partial year of employment and payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual periodic review by for increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretiona committee thereof.

Appears in 2 contracts

Sources: Employment Agreement (Medline Inc.), Employment Agreement (Medline Inc.)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)270,400, payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual review by and subject to increase, but not decrease, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)655,636, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Board, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (Ap Al LLC), Employment Agreement (Ap Al LLC)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $360,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (LSB Industries Inc), Employment Agreement (Tronox LTD)

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable in regular periodic installments in accordance with the Company’s customary payment payroll practices. The Base Salary base salary shall be subject to paid at the annual review rate of $375,000 and shall be reviewed no less frequently than annually by the Board of Directors or the Compensation Committee (or similar committee) of the Company whereupon Board of Directors (the Base Salary “Compensation Committee”) (such base salary, as it may be increased (but not decreased) at their sole discretionby the Board of Directors or the Compensation Committee from time to time, the “Base Salary”).

Appears in 2 contracts

Sources: Executive Employment Agreement (Civitas Therapeutics, Inc.), Executive Employment Agreement (Civitas Therapeutics, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $630,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 $ per year or such higher rate as may be determined from time to time by the Company (“Base Salary”), payable in regular installments . Such Base Salary shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionstandard payroll practice for executives.

Appears in 2 contracts

Sources: Employment Agreement (Vericity, Inc.), Employment Agreement (Vericity, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 375,000 per year or such higher rate as may be determined annually by the Company (“Base Salary”). Such Base Salary, payable in regular installments less applicable withholdings, shall be paid in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionstandard payroll practice for executives.

Appears in 2 contracts

Sources: Employment Agreement (Warwick Valley Telephone Co), Employment Agreement (Warwick Valley Telephone Co)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)$ 1,250,000, pro-rated for any partial year of employment and payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual periodic review by for increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretiona committee thereof.

Appears in 2 contracts

Sources: Employment Agreement (Medline Inc.), Employment Agreement (Medline Inc.)

Base Salary. During the Employment TermPeriod of Employment, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”), payable in regular installments which shall be paid in accordance with the Company’s customary payment practicesregular payroll practices in effect from time to time, but not less frequently than monthly. The Executive’s Base Salary shall be subject to annual review by the at an annualized rate of four hundred and ten thousand dollars ($410,000). The Board or the Compensation Committee (or similar committeea committee thereof) will review the Executive’s rate of the Company whereupon the Base Salary may be increased on an annual basis and may, in its sole discretion, increase (but not decreaseddecrease) at their sole discretionthe rate then in effect.

Appears in 2 contracts

Sources: Employment Agreement (Marquee Holdings Inc.), Employment Agreement (Amc Entertainment Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $155,000, which shall be subject to customary withholdings and authorized deductions and be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary salary shall be subject to annual periodic review by the Board or the Compensation Committee (or similar committee) of and adjustment as the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionshall in its discretion deem appropriate.

Appears in 2 contracts

Sources: Employment Agreement (Dermata Therapeutics, Inc.), Employment Agreement (Dermata Therapeutics, Inc.)

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary (the “Base Salary”) at the an annual rate of $321,000 (“Base Salary”)400,000, payable in regular installments in accordance with the Company’s customary payment regular payroll practices. The Base Salary shall be is subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary a committee thereof), in its sole discretion, and may be increased (but not decreased) at their sole discretionadjusted, from time to time.

Appears in 2 contracts

Sources: Employment Agreement (Verde Clean Fuels, Inc.), Employment Agreement (Verde Clean Fuels, Inc.)

Base Salary. During the Employment Term, the The Company shall pay the Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) of $240,000 during the Fixed Term, payable in regular installments in accordance with the standard payroll practices of the Company’s customary payment practices. The Executive’s Base Salary shall be reviewed on or about the commence­ment of the At-Will Term and annually thereafter, at which times it shall be subject to annual review by increase or decrease at the Board or the Compensation Committee (or similar committee) discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 2 contracts

Sources: Employment Agreement (DigitalTown, Inc.), Employment Agreement (DigitalTown, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the annualized rate of $395,000, which shall be subject to customary withholdings and authorized deductions and be payable in regular equal installments in accordance with the Company’s customary payment practicespayroll practices in place from time to time. The Executive’s Base Salary salary shall be subject to annual review by periodic adjustments as the Board or and/or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but not decreased“Compensation Committee”) at shall in its/their sole discretiondiscretion deem appropriate.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Provention Bio, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the annual a rate of not less than $321,000 1,250,000 per annum (“Base Salary”), payable in regular installments semi-monthly in accordance with the Company’s customary payment practicesexecutive payroll policy. The Such Base Salary shall be reviewed annually on the Company’s regular executive salary review schedule and shall be subject to annual review by adjustment at the discretion of the CEO and the Organization and Compensation Committee of the Board or of Directors of Aon plc (the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion“Board”).

Appears in 2 contracts

Sources: Employment Agreement (Aon PLC), Employment Agreement (Aon PLC)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 305,000 (the Annual Base Salary”), payable in regular installments ) to be paid evenly over the course of the year in accordance with the Company’s customary payment practicesstandard payroll policies. The During the Term, the Annual Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may will not be increased (but not or decreased) at their sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Spark Networks Inc), Employment Agreement (Spark Networks SE)

Base Salary. During the Employment TermPeriod, the Company shall will pay the Executive a base salary at the annual rate of $321,000 250,000, which amount will be reviewed annually and subject to adjustment at the good faith discretion of the Board (or the Compensation Committee of the Board (the “Compensation Committee”)), including without limitation, discretionary cost of living adjustments (as adjusted from time to time, the “Base Salary”), . The Base Salary will be payable in regular substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject payroll practices as in effect from time to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretiontime.

Appears in 2 contracts

Sources: Employment Agreement (Sulphco Inc), Employment Agreement (Sulphco Inc)

Base Salary. During the Employment Term, the The Company shall pay the to Executive a an annual base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of $225,000 per annum, payable in regular installments in accordance with the Company’s customary payment practicesthen current payroll practice. The Base Salary shall be subject to annual review by reviewed annually and may be increased in the Board or sole discretion of the Compensation Committee (or similar committee) of the Company’s Board of Directors (the “Compensation Committee”), with the advice and input of the Chief Executive Officer of the Company. The Company whereupon shall be entitled to deduct or withhold all taxes and charges which the Base Salary Company may be increased (but not decreased) at their sole discretionrequired to deduct or withhold therefrom.

Appears in 2 contracts

Sources: Severance Agreement (Gregg Appliances Inc), Severance Agreement (Hhgregg, Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)530,450, payable in regular installments in accordance with the Company’s customary usual payment practices. The Executive’s Base Salary shall be subject to annual review by and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee (of any direct or similar committee) indirect parent of the Company, but in no event shall the Company whereupon the be entitled to reduce Executive’s Base Salary may be increased (but not decreased) at their sole discretionSalary.

Appears in 2 contracts

Sources: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at of not less than $665,000 per annum (the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Board shall review Executive’s Base Salary shall be subject to annual review by the Board or the Compensation Committee annually (or similar committee) after approval of the Company whereupon forthcoming year’s budget and receipt of the Base Salary may be increased (but not decreasedprior year’s financial statements) at their sole discretionand increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.

Appears in 2 contracts

Sources: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $400,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 2 contracts

Sources: Employment Agreement (Masonite International Corp), Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the "Base Salary") at the annual rate of not less than $321,000 (“Base Salary”)179,662 payable bi-weekly in arrears, payable in regular installments in accordance with the usual payment practices of the Company. Executive’s customary payment practices. The Base Salary shall be subject to annual periodic review by the Board or the Compensation Committee (or similar committee) of the Board of Directors of the Company whereupon (the Base Salary may be increased (but "Compensation Committee"), not decreased) at their sole discretionless frequently than annually, beginning January 1, 2005.

Appears in 1 contract

Sources: Employment Agreement (Brand Intermediate Holdings Inc)

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 355,000 (“Base Salary”U.S.), payable at such times as the Company customarily pays its other senior level executives (but in regular installments in accordance with the Company’s customary payment practicesany event no less often than monthly). The Base Salary shall be subject to annual review all state, Federal, and local payroll tax withholding and any other withholdings required by the Board or the Compensation Committee (or similar committee) of the Company whereupon the law. The Base Salary may will be increased reviewed at least once annually for potential increase (but not decreased) at their sole discretiondecrease).

Appears in 1 contract

Sources: Executive Employment Agreement (Synergy Pharmaceuticals, Inc.)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the annual rate of $321,000 215,000 per annum (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practicesexecutive payroll policy. The Such Base Salary shall be reviewed annually and shall be subject to annual review such changes as determined by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board (the Base Salary may be increased (but not decreased) at their sole discretion“Compensation Committee”).

Appears in 1 contract

Sources: Employment Agreement (Firearms Training Systems Inc)

Base Salary. During the Employment Term, the Company shall pay to the Executive a an annual base salary of $266,000 which shall be subject to review and, at the annual rate option of $321,000 the Compensation Committee of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), . The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment normal payroll practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

Appears in 1 contract

Sources: Employment Agreement (Barrier Therapeutics Inc)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)283,200, payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual review by and subject to increase, but not decrease, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 1 contract

Sources: Employment Agreement (Expion360 Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”), 365,000 payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Base Salary shall may, in the Company’s discretion, be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionupwardly adjusted.

Appears in 1 contract

Sources: Employment Agreement (Interline Brands, Inc./De)

Base Salary. During the Employment Term, the Company shall pay the Executive ----------- a base salary at the annual rate of $321,000 ("Base Salary"), payable in regular equal installments in accordance with the Company’s customary payment practices's normal practice for paying base salaries to its executive employees. The Base Salary shall initially be payable at the rate of $240,000 per annum, and shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor discretionary annual increases.

Appears in 1 contract

Sources: Employment Agreement (United Water Resources Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $ 498,623 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 1 contract

Sources: Employment Agreement (Tronox LTD)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $450,000.00 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 1 contract

Sources: Employment Agreement (Masonite International Corp)

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”), 350,000 payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Base Salary shall may, in the Company’s discretion, be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary upwardly adjusted and may not be increased (but not decreased) at their sole discretiondecreased after such adjustment.

Appears in 1 contract

Sources: Employment Agreement (Interline Brands, Inc./De)

Base Salary. During the Employment Term, the Company shall pay the (or cause to be paid) to Executive a base salary (“Base Salary”) at the annual rate of $321,000 (“Base Salary”)185,000, payable in regular installments in accordance with the Companyusual payment practices of the Company Group. Executive’s customary payment practices. The Base Salary shall be subject to annual review by and subject to increase, but not decrease, as may be determined from time to time in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

Appears in 1 contract

Sources: Employment Agreement (SOS Hydration Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the "Base Salary") at the annual rate of not less than $321,000 (“Base Salary”)171,863 payable bi-weekly in arrears, payable in regular installments in accordance with the usual payment practices of the Company. Executive’s customary payment practices. The Base Salary shall be subject to annual periodic review by the Board or the Compensation Committee (or similar committee) of the Board of Directors of the Company whereupon (the Base Salary may be increased (but "Compensation Committee"), not decreased) at their sole discretionless frequently than annually, beginning January 1, 2005.

Appears in 1 contract

Sources: Employment Agreement (Brand Intermediate Holdings Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable at the annual rate of $500,000.00, which shall be paid in regular installments in accordance with the Company’s customary payment normal payroll practices. The Executive’s Base Salary shall be subject to annual review reviewed annually by the Board or the Compensation Committee (or similar committeethe “Compensation Committee”) of the Company whereupon Board of Directors (the Base Salary “Parent Board”) of enGene Holdings Inc. (“Parent”), and may be increased (increased, but not decreased) at their sole discretion.

Appears in 1 contract

Sources: Employment Agreement (enGene Holdings Inc.)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“Base Salary”)750,000, payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The Base Salary shall be subject retroactive to annual review by the Board or Effective Date. During the Employment Term, the Compensation Committee (or similar committee) of the Company whereupon Board (the “Compensation Committee”) shall review the Base Salary annually and may be increase the Base Salary, and the term “Base Salary” shall refer to such increased (but not decreased) at their sole discretionamount.

Appears in 1 contract

Sources: Employment Agreement (American International Group Inc)

Base Salary. During the Employment Term, the Company shall pay the ----------- Executive a base salary at the annual rate of $321,000 ("Base Salary"), payable in regular equal installments in accordance with the Company’s customary payment practices's normal practice for paying base salaries to its executive employees. The Base Salary shall initially be payable at the rate of $163,000.00 per annum, and shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor discretionary annual increases.

Appears in 1 contract

Sources: Employment Agreement (United Water Resources Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 225,000 per year (the "Base Salary"), payable in regular installments in accordance with the Company’s customary payment practices's normal payroll practices for executive compensation, but not less frequently than monthly. The Base Salary Executive shall be subject entitled to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased such increases (but not decreaseddecreases) at their sole discretion.in his Base Salary as may be determined from time to time by the Company's Board of Directors (the "Board") or pursuant to its delegation, provided that the Executive's Base Salary will be reviewed

Appears in 1 contract

Sources: Employment Agreement (Spanish Broadcasting System Inc)

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) at the rate of no less than $350,000 per calendar year, payable less applicable deductions. The Base Salary shall be reviewed for increase by the Board no less frequently than annually and shall be increased in regular the discretion of the Board and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be paid in substantially equal installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionregular payroll procedures.

Appears in 1 contract

Sources: Employment Agreement (LSB Industries Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall 450,000 per year or such higher rate as may be subject determined from time to annual review time by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Board (“Base Salary”). Such Base Salary may shall be increased (but not decreased) at their sole discretionpaid in accordance with the Company’s standard payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Rudolph Technologies Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a ----------- base salary at the annual rate of $321,000 ("Base Salary"), payable in regular equal installments in accordance with the Company’s customary payment practices's normal practice for paying base salaries to its executive employees. The Base Salary shall initially be payable at the rate of $128,500 per annum, and shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionfor discretionary annual increases.

Appears in 1 contract

Sources: Employment Agreement (United Water Resources Inc)

Base Salary. During the Employment Term, the Company shall pay the Executive a base salary (the "Base Salary") at the annual rate of $321,000 (“Base Salary”)900,000.00, payable in regular installments in accordance with the Company’s customary payment 's usual payroll practices. The Board shall annually review Executive's Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the and may increase, but not decrease, Executive's Base Salary may be increased (but not decreased) at their in its sole discretiondiscretion based on Executive's performance.

Appears in 1 contract

Sources: Employment Agreement (Duane Reade Holdings Inc)