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.

Base Salary. During the Employment Term, the Company shall pay the to Executive a base salary at the annual initial rate of $321,000 295,000 on an annualized basis (the “Base Salary”). As used in this Agreement, the term “Base Salary” shall refer to Base Salary as may be adjusted from time to time with the consent of the Company and the Executive. Base Salary shall be payable in regular installments in accordance with the customary payroll practices of 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.

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)) at an initial annualized rate of $200,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesregular payroll practices relating to salaried employees. The Base Salary shall be subject to annual Supervisor may review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary from year to year and may be increased (but not decreased) at their sole discretionapprove an increase in the Base Salary as the Supervisor deems appropriate.

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a base salary at the an annual rate of equal to $321,000 1,000,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment usual payroll practices. The ; provided, however, that Base Salary shall be subject to annual review reviewed for discretionary increases by the Board or the Compensation Committee (or similar committee) thereof no less often than annually commencing no later than the first anniversary of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionEffective Date.

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.

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.

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.

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.

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.

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”)) at an initial annualized rate of $250,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesregular payroll practices relating to salaried employees. The Base Salary shall be subject to annual Supervisor may review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary from year to year and may be increased (but not decreased) at their sole discretionapprove an increase in the Base Salary as the Supervisor deems appropriate.

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”).

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.

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.

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.

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.

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.

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.

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”).

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.

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.

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.

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary (the `Base Salary') at the initial annual rate of $321,000 (“Base Salary”)230,000, payable in regular equal monthly installments or otherwise in accordance with the Company’s customary payment practicespayroll and personnel practices of the Company from time to time. The Base Salary shall be subject to annual review reviewed annually by the Board or a committee thereof to which the Compensation Committee Board may from time to time have delegated such authority (or similar committeethe `Committee') of the Company whereupon the Base Salary may be increased for possible increase (but not decreaseddecrease) at their in the sole discretiondiscretion of the Board or the Committee, as the case may be.

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”) at the rate of $275,000.00 per annum (less applicable deductions and withholdings), payable in regular installments periodic payments in accordance with the Company’s customary payment normal payroll practices. The Base Salary During the Term, Executive’s compensation shall be subject to annual review reviewed by the Board from time to time and at least once every 12 months. Any increase or the Compensation Committee (or similar committee) of the Company whereupon the decrease in Base Salary may be increased (but not decreasedtogether with the then existing Base Salary) at their sole discretionshall serve as the “Base Salary” under this Agreement.

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.

Base Salary. During the Employment Term, the The Company shall pay the Executive during the Term a ----------- base salary at the annual rate of $321,000 250,000 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.

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.

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”)500,000 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.

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.

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.

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.

Base Salary. During the Employment Term, the Company shall will pay the Executive Executive, a base salary at the annual rate of $321,000 300,000 per year (“the "Base Salary”"), payable in regular installments subject to periodic review and modification, solely at the Company's discretion. The Base Salary will be paid periodically in accordance with the Company’s customary payment 's normal employee 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.

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.

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.

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.

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 (“230,000. Base Salary”), salary shall be payable in regular installments in accordance with the usual payroll practices of the Company’s customary payment practices. The Base Salary Executive's base salary shall be subject to annual review by the Board or the Company's Compensation Committee (or similar committee"Compensation Committee) of during the Company whereupon the Base Salary 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.

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.

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.

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.

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”).

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.

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.

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.

Base Salary. During the Employment Term, the The Company shall pay to the Executive a an annual base salary (the "Base Salary") at the annual rate of $321,000 (“Base Salary”)250,000, payable in regular substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary payment practicesits ordinary payroll practices as established from time to time. The Base Salary shall be subject to annual review reviewed by the Board or the Compensation Committee (or similar committee) of the Company whereupon Board of Directors (the Base Salary may be increased (but "Board") and the Chief Executive Officer in good faith, based upon the Executive's performance, not decreased) at their sole discretionless often than annually.

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.

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.

Base Salary. During the Employment TermPeriod, the Company shall pay to the Executive a an annual base salary (“Annual Base Salary”) at the annual rate of $321,000 (“Base Salary”)1,500,000 per annum, payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall executive payroll policy, or such higher amount as may be subject to annual review determined appropriate by the Board or the Compensation Committee (or similar committee) of and the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionBoard.

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.

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 not less than $321,000 (“Base Salary”)575,000, 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.

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”).

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 $200,000 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.

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at the annual rate of $321,000 412,000 per annum, less customary withholdings and deductions (the “Base Salary”), ) payable in regular installments in accordance with the payroll procedures for the Company’s customary payment practicessalaried employees in effect during the Term. The Beginning in January 2007 and annually thereafter, the Base Salary shall be subject to annual review and possible increase by the Board or of Directors, but it shall not be decreased during the Compensation Committee (or similar committee) Term of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthis Agreement.

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.

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.

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.

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.

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”).

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.

Base Salary. During the Employment Term, the Company shall will pay the Executive a base salary at the annual rate of $321,000 275,000 per annum, less customary withholdings and deductions (the “Base Salary”), ) payable in regular installments in accordance with the payroll procedures for the Company’s customary payment practicessalaried employees in effect during the Term. The Beginning in January 2007 and annually thereafter, the Base Salary shall be subject to annual review and possible increase by the Board or of Directors, but it shall not be decreased during the Compensation Committee (or similar committee) Term of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionthis Agreement.

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.

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.

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.

Base Salary. During the Employment Term, the Company shall pay the Executive a an annual base salary at in the annual rate amount of $321,000 1,000,000 (“Base Salary”), less applicable payroll taxes and withholdings, payable in regular installments in accordance with the Company’s customary payment normal payroll practices. The Company will review Executive’s Base Salary shall be subject to annual review by annually, and, in the Board or the Compensation Committee (or similar committee) sole discretion of the Company whereupon the Company, may increase (but may not decrease) such Base Salary may from time to time, but shall not be increased (but not decreased) at their sole discretionobligated to effectuate any increase.

Base Salary. During the Employment Termhis employment hereunder, the Company shall pay the to Executive a base salary ("Base Salary") at the annual a rate of $321,000 10,625.00 per bi-weekly pay period (“Base Salary”which is a rate of $255,000.00 per year), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary subject to all applicable tax withholdings and required payroll deductions, which amount shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary reviewed annually and may be increased at the discretion of the Chief Executive Officer or Board of Directors (but not decreased) at their sole discretionor a committee thereof).

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”), ) set at $275,000 per year for calendar year 2007 and subject thereafter to annual review and increase (but not decrease) in the sole discretion of the Committee. The Base Salary shall be payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject normal payroll procedures applicable to annual review by the Board or the Compensation Committee (or similar committee) senior executives of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCompany, as in effect from time to time.

Base Salary. During the Employment TermPeriod, subject to the terms and conditions of this Agreement, the Company shall pay to the Executive a an annual base salary at the annual gross rate of $321,000 1,107,000 (the “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 executive payroll policy (but not decreased) at their sole discretionless frequently than monthly).

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.

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.

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.

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.

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 $470,000, 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 pursuant to the Compensation Committee (or similar committee) of the Company whereupon the Base Salary normal performance review policies for senior level executives and may be increased (but not decreased) at their sole discretionadjusted from time to time as the Board deems appropriate.

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.

Base Salary. During the Employment TermPeriod, the Company shall will pay the Executive a base salary at the annual rate of $321,000 300,000, 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.

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 $435,000, 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 the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCEO shall in his discretion deem appropriate.

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.

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.

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.

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.

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 $300,000 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.

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”).

Base Salary. During the Employment Term, the The Company shall pay the Executive a base salary at the annual rate of $321,000 27,083.33 per month (“Base Salary”$325,000 annualized), payable in regular equal periodic installments in accordance with the Company’s customary payment practicespractices (the “Base Salary”). The amount of 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 annually and may be increased (but not decreased) at their from time to time in the sole discretiondiscretion of the Company’s Remuneration Committee and the Board.

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.

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.

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.

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.

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”)350,000, 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, 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 discretionCEO.

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 usual payroll practices. The Board may from time to time review and increase 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 Base Salary may be increased (but not decreased) at their in its sole discretion.

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.

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 the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCEO shall in his discretion deem appropriate.

Base Salary. During the Employment Term, the Company shall pay the to Executive a base salary (the “Base Salary”) at the annual rate of $321,000 (“325,000, less such deductions as are required by law or that Executive may elect in accordance with Company policy and procedure, and pro-rated for any partial years of employment. The Base Salary”), Salary shall be payable in regular equal periodic installments in accordance with the Company’s customary payment normal payroll practices. The Executive’s Base Salary shall be subject to annual review reviewed at least annually by the Board or and the Compensation Committee (or similar committee) of the Company whereupon Board may, but shall not be required to, increase the Base Salary may be increased (but not decreased) at their sole discretionduring the Term.

Base Salary. During the Employment TermPeriod, the Company shall pay the Executive a base salary at (the annual rate of $321,000 (“Base Salary”)) initially set at $261,000 per year, payable in regular installments in accordance with the Company’s customary payment practicesnormal payroll procedures applicable to similarly situated senior executives of OA, as in effect from time to time. The Beginning in calendar year 2008 and thereafter during the Employment Period, 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 and increase (but not decreaseddecrease) at their in the sole discretiondiscretion of the Committee.

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.

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”).

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 $425,000, 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 the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretionCEO shall in his discretion deem appropriate.

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).

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.

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.

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.

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”)153,545, payable bi-weekly in regular installments arrears, in accordance with the usual payment practices of the Company’s customary payment practices. The Executive's Base Salary shall be subject to annual periodic review by the Board or CEO and 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, 2003.

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”)163,152, payable bi-weekly in regular installments arrears, in accordance with the usual payment practices of the Company’s customary payment practices. The Executive's Base Salary shall be subject to annual periodic review by the Board or CEO and 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, 2003.

Base Salary. During the Employment Term, the Company shall pay the to Executive a base salary for services at the annual rate of $321,000 360,000 (“Base Salary”), payable in regular installments which Base Salary shall be paid in accordance with the Company’s customary payment practicesnormal payroll procedures and policies, as such procedures and policies may be modified from time to time. The Base Salary shall be subject to annual review by reviewed and adjusted in the Board or sole discretion of the Board’s Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion“Committee”).