Common use of Base Salary Clause in Contracts

Base Salary. Executive’s annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Butterfly Network, Inc.), Employment Agreement (Butterfly Network, Inc.)

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Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 1,000,000 (the “Base Salary”)) The Base Salary may not be decreased during the Term. The Company will pay the Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Citrix Systems Inc), Employment Agreement (Citrix Systems Inc)

Base Salary. Pursuant to the Term Sheet, Executive shall continue to be paid his base salary of $435,000 until December 31, 2005. Commencing January 1, 2006, to reflect Executive’s annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the revised responsibilities and time commitment as set forth in this Agreement, Executive’s annualized Base Salary in accordance with shall be changed to $300,000 without further action by the Company’s normal payroll procedures in effect from time to timeparties hereto.

Appears in 2 contracts

Samples: Employment Agreement (Polypore International, Inc.), Employment Agreement (Polypore, Inc.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 225,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Mabvax Therapeutics Holdings, Inc.), Employment Agreement (Mabvax Therapeutics Holdings, Inc.)

Base Salary. During the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 500,000 per annum, or such higher amount as determined by the Company in its discretion, as adjusted from time to time (the “Base Salary”). The , which salary shall be payable by the Company will pay the Base Salary in regular installments in accordance with the Company’s normal general payroll procedures practices (in effect from time to time).

Appears in 2 contracts

Samples: Executive Employment Agreement (Root, Inc.), Executive Employment Agreement (Root, Inc.)

Base Salary. Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 375,000.00 per annum, (as adjusted from time to time, the “Base Salary”). The Company will pay the Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in regular installments in accordance with the Company’s normal general payroll procedures in effect from time practices and shall be subject to timecustomary withholding.

Appears in 2 contracts

Samples: Employment Agreement (Warner Chilcott CORP), Employment Agreement (Warner Chilcott LTD)

Base Salary. Executive’s annual For the remainder of 2022, Executive shall receive for services to be rendered hereunder an annualized base salary is initially of $750,000.00 850,000 (the “Base Salary”), payable on the regular payroll dates of the Company (but no less often than monthly). The Company will pay the For 2023 and subsequent years, Executive’s Base Salary in accordance with the Company’s normal payroll procedures in effect from time to timeshall be $350,000.

Appears in 2 contracts

Samples: Executive Employment Agreement (loanDepot, Inc.), Executive Employment Agreement (loanDepot, Inc.)

Base Salary. Executive’s annual base salary is initially shall be $750,000.00 300,000 per year (the “Base Salary”). The Company will pay , starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s normal standard payroll procedures in effect from time practices and policies for senior executives, and (ii) subject to timesuch withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Appears in 2 contracts

Samples: Employment Agreement (Wingstop Inc.), Employment Agreement (Wingstop Inc.)

Base Salary. The Executive’s annual base salary is initially will be $750,000.00 370,000.00 (the “Base Salary”). The , which shall be paid ratably by the Company will pay to the Base Salary Executive each month in accordance with the Company’s normal payroll procedures practices as in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Appears in 2 contracts

Samples: Employment Agreement (Neuronetics, Inc.), Employment Agreement (Neuronetics, Inc.)

Base Salary. Executive’s annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay ) shall be $160,000 per annum for the Base Salary term of this Agreement and/or as increased in accordance with the Company’s normal payroll procedures Company policies as in effect from time to time. Base Salary shall be payable in accordance with the standard payroll practices of the Company.

Appears in 2 contracts

Samples: Executive Employment and Noncompetition Agreement (RSC Holdings Inc.), Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

Base Salary. Executive’s annual The base salary is initially for Executive shall be $750,000.00 275,000 per year, or such other rate as the Board may designate from time to time (the "Base Salary"). The Company will pay the Base Salary shall be payable in regular installments in accordance with the Company’s normal 's general payroll procedures in effect from time practices and shall be subject to timewithholdings for applicable taxes.

Appears in 2 contracts

Samples: Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)

Base Salary. During the Employment Period, the Executive’s annual 's base salary is initially will be $750,000.00 252,500 per annum (the "Base Salary"). The Company will pay the Base Salary will be payable monthly on the 15th day of each month, two weeks in accordance arrears and two weeks in advance. Annually during the Employment Period, the Company shall review with the Company’s normal payroll procedures in effect from time Executive his job performance and compensation. The amount of the Executive's Base Salary shall be reviewed annually by the Board but shall not be reduced without the written consent of the Executive. Normal hours of employment are 8:30 a.m. to time.5:00 p.m.,

Appears in 2 contracts

Samples: Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.)

Base Salary. During the Term, Executive’s annual base salary is initially will be at the monthly rate of $750,000.00 35,416.67 (the “Base Salary”equivalent to an annualized base salary of $425,000.00). The Company will pay the Base Salary , less all applicable withholding taxes and authorized deductions, to be paid in installments in accordance with the Company’s normal regular payroll procedures in effect from time to timepractices.

Appears in 2 contracts

Samples: Employment Agreement (Frequency Therapeutics, Inc.), Employment Agreement (Frequency Therapeutics, Inc.)

Base Salary. Executive’s annual annualized base salary is initially shall be $750,000.00 275,000 (the “Base Salary”). The Company will pay the Base Salary , which shall be payable in accordance with the Company’s normal general payroll procedures in effect from time practices, including those related to timetaxes and withholdings.

Appears in 2 contracts

Samples: Executive Employment Agreement (Neuraxis, INC), Executive Employment Agreement (Neuraxis, INC)

Base Salary. Executive’s annual base salary is initially shall be at an annual rate of one hundred fifty thousand dollars ($750,000.00 (150,000), subject to normal withholding. Such salary shall be paid in substantially equal installments on the “Base Salary”)15th and last day of each month. The Company will pay Executive’s base salary and incentive bonus shall be reviewed annually starting the Base Salary in accordance with earlier of within 60 days from the Company’s normal payroll procedures in effect from time to timeNASDAQ up-listing date or December 31, 2018.

Appears in 2 contracts

Samples: Employment Agreement (World Technology Corp.), Employment Agreement (World Technology Corp.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be Two Hundred Thousand Dollars ($750,000.00 200,000) (the “Base Salary.). ) The Company will pay the Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TA Holdings 1, Inc.), Employment Agreement (TA Holdings 1, Inc.)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 220,500 per year, payable in accordance with the Company’s normal 's payroll procedures in effect for executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and performance, and, as increased from time to time, may not be reduced.

Appears in 2 contracts

Samples: Employment Agreement (Conrad Industries Inc), Employment Agreement (Conrad Industries Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 265,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Mabvax Therapeutics Holdings, Inc.), Employment Agreement (Mabvax Therapeutics Holdings, Inc.)

Base Salary. Executive’s During the Employment Term, the Executive will receive an annual base salary, payable in monthly or more frequent installments, of $300,000 subject to authorized withholding and other deductions. The annual salary will be reviewed annually and, if appropriate, increased by the Company in its sole discretion. Such annual salary, as so increased, is initially $750,000.00 (hereinafter referred to as the “Base Salary”). The Company will pay .” In no event shall the Executive’s Base Salary in accordance with the Company’s normal payroll procedures in effect from time to timebe reduced below 85 percent of $300,000.

Appears in 2 contracts

Samples: Employment Agreement (Navigant Consulting Inc), Employment Agreement (Navigant Consulting Inc)

Base Salary. Executive’s annual base salary is initially shall be $750,000.00 400,000 per year (the “Base Salary”). The Company will pay , starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s normal standard payroll procedures in effect from time practices and policies for senior executives, and (ii) subject to timesuch withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Appears in 2 contracts

Samples: Employment Agreement (Wingstop Inc.), Severance Agreement (Conyers Park Acquisition Corp.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 350,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Base Salary. Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 391,406.28 per annum, (as adjusted from time to time, the “Base Salary”). The Company will pay the Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in regular installments in accordance with the Company’s normal general payroll procedures in effect from time practices and shall be subject to timecustomary withholding.

Appears in 2 contracts

Samples: Employment Agreement (Warner Chilcott LTD), Employment Agreement (Warner Chilcott CORP)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 200,000 per year, payable in accordance with the Company’s normal 's payroll procedures in effect for executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and performance, and, as increased from time to time, may not be reduced.

Appears in 2 contracts

Samples: Employment Agreement (Conrad Industries Inc), Employment Agreement (Conrad Industries Inc)

Base Salary. During the Employment Period, the Executive’s annual base salary is initially will be $750,000.00 650,000 per annum (the “Base Salary”). The Company will pay the Base Salary will be payable monthly on the 15th day of each month, two weeks in accordance arrears and two weeks in advance. Annually during the Employment Period the Company shall review with the Executive his job performance and compensation, and if deemed appropriate by the Board of Directors of the Company, in its discretion, the Executive’s normal payroll procedures in effect from time Base Salary may be increased. Normal hours of employment are 8:30 a.m. to time.5:00 p.m.,

Appears in 2 contracts

Samples: Employment Agreement (Arch Capital Group Ltd.), Employment Agreement (Arch Capital Group Ltd.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 273,000 and shall be proportionally increased in the event Executive increases her time commitment to the Company in excess of 30 hours per week. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Base SalaryCompensation Committee”). The Company will pay the base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for executive officers.

Appears in 2 contracts

Samples: Employment Agreement (Xeris Pharmaceuticals Inc), Employment Agreement (Xeris Pharmaceuticals Inc)

Base Salary. Executive’s annual 's base salary is initially shall be at the annual rate of Two Hundred and Twenty-Five Thousand Dollars ($750,000.00 225,000) (the "Annual Base Salary”). The Company will pay ") during the Base Salary Term, payable in accordance with the Company’s normal 's regular payroll procedures in effect practices. All applicable withholding taxes shall be deducted from such payments. Annual Base Salary may be increased (but not decreased), from time to timetime during the Term, in the exercise of the good faith discretion of the Company's Board of Directors.

Appears in 2 contracts

Samples: Employment Agreement (Swva Acquisition Inc), Employment Agreement (Steel of West Virginia Inc)

Base Salary. Executive’s annual base salary is initially $750,000.00 (the as may be increased from time to time, “Base Salary”). The Company ) will pay the Base Salary be $300,000, less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll procedures in effect from time practices. The Company shall review Executive’s Base Salary periodically and any increase to timeExecutive’s Base Salary, if any, will be made solely at the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Venus Concept Inc.), Employment Agreement (Venus Concept Inc.)

Base Salary. As of the Effective Date, the Executive’s annual base salary is initially will be no less than $750,000.00 (600,000 per annum in the “Base Salary”)aggregate. The Executive’s base salary will be paid by the Company will pay the Base Salary in regular installments in accordance with the Company’s normal general payroll procedures practices and may be increased (but not decreased) in effect from time to timethe sole discretion of the Company Board (as increased, “Base Salary”).

Appears in 2 contracts

Samples: Employment Agreement (Diversey Holdings, Ltd.), Employment Agreement (Diversey Holdings, Ltd.)

Base Salary. The Executive’s annual base salary will be set no less than annually by the Board or the Compensation Committee. As of the Effective Date, the Executive’s base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary CHF 353,632, payable in accordance with the Company’s normal payroll procedures in effect from time to time12 monthly installments of CHF 29,469 per month.

Appears in 2 contracts

Samples: Employment Contract (Orthofix International N V), Employment Contract (Orthofix Medical Inc.)

Base Salary. Executive’s The Company will pay Executive an annual base salary is initially of $750,000.00 1,340,625, payable in accordance with the Company’s customary payroll practices (the “Base Salary”). The Company will pay the annual rate of Executive’s Base Salary in accordance with shall not be increased or decreased during the Company’s normal payroll procedures in effect from time to timeTerm.

Appears in 2 contracts

Samples: Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.)

Base Salary. Executive’s annual base salary is initially $750,000.00 for the Period of Employment shall be US$ 250,000 (as may be adjusted from time to time by the Board, the “Base Salary”). The Company will pay the Base Salary , payable in accordance with the Company’s normal regular payroll procedures practices in effect from time to timetime and subject to all applicable taxes and withholdings. The parties acknowledge and agree that a portion of Executive’s Base Salary shall constitute consideration for Executive’s compliance with the restrictions and covenants set forth in Section 6 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Estrella Immunopharma, Inc.), Employment Agreement (Estrella Immunopharma, Inc.)

Base Salary. During the Term, the Executive’s annual base salary shall be three hundred nine thousand dollars ($309,000). The base salary rate in effect at any given time is initially $750,000.00 (the referred to herein as “Base Salary”). .” The Company will pay the Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Borderfree, Inc.), Employment Agreement (Borderfree, Inc.)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 195,290 per year, payable in accordance with the Company’s normal 's payroll procedures in effect for executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and performance, and, as increased from time to time, may not be reduced.

Appears in 2 contracts

Samples: Employment Agreement (Conrad Industries Inc), Employment Agreement (Conrad Industries Inc)

Base Salary. Executive’s annual base salary is initially $750,000.00 600,000, subject to applicable withholdings and deductions (the “Base Salary”). The Company will pay the Executive’s Base Salary may be increased during the Term in the absolute discretion of the Board, or, if applicable, an authorized committee thereof, in accordance with the Companyrules and procedures governing the Board. To the extent Executive’s normal payroll procedures in effect from time to time.Base Salary is increased during the Term, such increased rate shall thereafter be considered Executive’s “Base Salary” for purposes of this Agreement. ​ ​ ​

Appears in 2 contracts

Samples: Executive Services Agreement (Evolve Transition Infrastructure LP), Executive Services Agreement (Evolve Transition Infrastructure LP)

Base Salary. Executive’s During the Term, the Executive shall receive an annual base salary is initially in an amount equal to $750,000.00 500,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (McGraw-Hill Interamericana, Inc.), Employment Agreement (McGraw-Hill Global Education LLC)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 350,000.00 per annum (the “Base Salary”). The Company will pay the Base Salary , which salary shall be payable in regular installments in accordance with the Company’s normal general payroll practices. The Base Salary will be subject to review on an annual basis and may be adjusted in accordance with the procedures in effect from time to timeset forth by the Company’s Compensation Committee.

Appears in 2 contracts

Samples: Employment Agreement (Lightning eMotors, Inc.), Employment Agreement (SUNSHINE SILVER MINES Corp)

Base Salary. Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 800,000 per annum, (as adjusted from time to time, the “Base Salary”). The Company will pay the Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in regular installments in accordance with the Company’s normal general payroll procedures in effect from time practices and shall be subject to timecustomary withholding.

Appears in 2 contracts

Samples: Employment Agreement (Warner Chilcott CORP), Employment Agreement (Warner Chilcott LTD)

Base Salary. As of , , the Executive’s annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to time$ .

Appears in 2 contracts

Samples: Employment Agreement (Digene Corp), Employment Agreement (Digene Corp)

Base Salary. Executive’s annual annualized base salary is initially shall be $750,000.00 200,000 (the “Base Salary”). The Company will pay the Base Salary , which shall be payable in accordance with the Company’s normal general payroll procedures in effect from time practices, including those related to timetaxes and withholdings.

Appears in 2 contracts

Samples: Executive Employment Agreement (Neuraxis, INC), Executive Employment Agreement (Neuraxis, INC)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 85,000 per year, payable in accordance with the Company’s normal 's payroll procedures in effect for executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and performance, and, as increased from time to time, may not be reduced.

Appears in 2 contracts

Samples: Employment Agreement (Conrad Industries Inc), Employment Agreement (Conrad Industries Inc)

Base Salary. During the Employment Period, Executive’s annual 's base salary is initially shall be $750,000.00 350,000 per annum or such higher rate as the Board in its sole discretion may designate from time to time (the "Base Salary"). The Company will pay the Base Salary , which salary shall be payable in regular installments in accordance with the Company’s normal 's general payroll procedures in effect from time practices and shall be subject to timecustomary withholding and other customary deductions.

Appears in 2 contracts

Samples: Employment Agreement (Pac-West Telecomm Inc), Executive Agreement (Pac-West Telecomm Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 275,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Base Salary. Executive’s annual current base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary ) is $300,000 per annum, payable in regular installments in accordance with the Company’s normal payroll procedures usual payment practices. During the Employment Term, Executive shall be entitled to such Base Salary and annual reviews and increases in effect from time to timeExecutive’s Base Salary, if any, as may be determined in the sole discretion of the board of directors of KRATON (the “Board”).

Appears in 2 contracts

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

Base Salary. In consideration for the Executive’s services hereunder and the restrictive covenants contained herein, the Executive shall initially be paid an annual base salary is initially as follows: 2018: $750,000.00 250,000; 2019: $270,000; and 2020 and 2021: $330,000 (the “Base Salary”). The Company will pay the Base Salary , which salary shall be payable commencing as of date hereof and shall be payable in accordance with the Company’s normal customary payroll procedures in effect from time to timepractices.

Appears in 1 contract

Samples: Employment Agreement (Healthier Choices Management Corp.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 325,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. Executive’s annual base salary is initially $750,000.00 (the “Base Salary”)) shall be three hundred and fifty thousand dollars ($350,000) per year payable in equal amounts twice monthly. The Company will pay the makes no assurances that executives Base Salary in accordance with will be increased at any time during the Company’s normal payroll procedures in effect from time to timeterm.

Appears in 1 contract

Samples: Executive Employment Agreement (Axonics Modulation Technologies, Inc.)

Base Salary. The Executive’s annual base salary is initially $750,000.00 for the Period of Employment (the “Base Salary”)) shall be at an annual rate of $400,000. The Company will pay the Executive’s Base Salary determined in accordance with the Companyforegoing shall be paid in accordance with the Corporation’s normal regular payroll procedures practices in effect from time to time, but not less frequently than in monthly installments. The Corporation may increase (but it will not decrease) the Base Salary rate.

Appears in 1 contract

Samples: Employment Agreement (Qlogic Corp)

Base Salary. Executive’s annual base salary is initially $750,000.00 (as may be increased from time to time, the “Base Salary”). The Company ) will pay the Base Salary be CDN $350,000, less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll procedures in effect from time practices. The Company shall review Executive’s Base Salary periodically and any increase to timeExecutive’s Base Salary, if any, will be made solely at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Venus Concept Inc.)

Base Salary. Executive’s 's annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary in accordance with the shall be Five Hundred Twenty Six Thousand Two Hundred Forty dollars, payable weekly through Company’s normal 's payroll procedures in effect from time to timesystem, less withholdings required by law or otherwise authorized by Executive.

Appears in 1 contract

Samples: Employment Agreement (CNF Inc)

Base Salary. During the Employment Period, Executive’s annual 's base salary is initially will be three hundred fifty-five thousand dollars ($750,000.00 355,000) per annum (as may be adjusted from time to time by the Board, the "Base Salary"). The , which salary will be payable by the Company will pay the Base Salary in regular installments in accordance with the Company’s normal 's general payroll procedures practices (in effect from time to time). Executive's Base Salary for any partial year will be prorated based upon the number of days elapsed in such year.

Appears in 1 contract

Samples: Employment Agreement (Cellectar Biosciences, Inc.)

Base Salary. Executive’s (a) The annual base salary is initially of the Executive shall be four hundred twenty-five thousand dollars (CAD $750,000.00 425,000) (the "Base Salary"). The Company will pay the Base Salary , payable in accordance with the Company’s Corporation's normal payroll procedures in effect from time to timepractices, less applicable deductions.

Appears in 1 contract

Samples: Employment Agreement (DAVIDsTEA Inc.)

Base Salary. Executive’s annual base salary is initially $750,000.00 (During the “Base Salary”). The Term, the Company will pay the Base Salary Executive an annual base salary of at least $410,000 for each twelve-month period of the Term. The Executive's base salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timeof the Company.

Appears in 1 contract

Samples: Employment Agreement (Infinity Property & Casualty Corp)

Base Salary. Executive’s During the Service Period, the Executive shall be paid an annual base salary is initially of $750,000.00 150,000 for the Executive’s services hereunder, payable in accordance with the normal and customary payroll procedures applicable to the Bank’s senior executives. The Executive’s base salary shall be subject to increase but not decrease, as determined by the Board in its discretion (such base salary, as in effect from time to time, the “Base Salary”). The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (S&t Bancorp Inc)

Base Salary. Executive’s During the Service Period, the Executive shall be paid an annual base salary is initially of $750,000.00 500,000 for the Executive’s services hereunder, payable in accordance with the normal and customary payroll procedures applicable to the Company’s and the Bank’s senior executives. The Executive’s base salary shall be subject to annual increase (but not decrease) as determined by the Company Board in its discretion (such base salary, as it may be increased from time to time, the “Base Salary”). The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (FNB United Corp.)

Base Salary. Executive’s The annual base salary is initially $750,000.00 (the “Base Salary”)) of the Executive shall be CAD$375,000. The Company will pay the Executive’s Base Salary in accordance with shall be subject to annual adjustments at the Companydiscretion of the Board (or its human resources committee) based on market practices, the Executive’s normal payroll procedures in effect individual performance and the performance of DTI and its subsidiaries and shall be such amount as is established by the Board (or its human resources committee) from time to time. The Executive’s Base Salary shall be payable by the Corporation to the Executive in arrears on a regular payroll basis.

Appears in 1 contract

Samples: Executive Employment Agreement (DAVIDsTEA Inc.)

Base Salary. Executive’s annual 's base salary is initially shall be at an annualized rate of $750,000.00 240,000 (the “Base Salary”), subject to any required tax withholding and all customary payroll deductions. The Company will pay the Such annual Base Salary shall be paid in accordance with substantially equal installments and at the Company’s normal payroll procedures in effect from time to timesame intervals as other officers of Horizon are paid.

Appears in 1 contract

Samples: Agreement (Alaska Air Group Inc)

Base Salary. The Executive’s annual base salary is initially shall be $750,000.00 330,625 (the “Base Salary”)) effective as of December 1, 2019. The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. Executive’s During the Employment Term, the Executive shall be paid an annual base salary is initially of $750,000.00 350,000 (the Base Salary”), subject to deductions for social security, state payroll and unemployment and all other legally required or authorized deductions and withholding. The Company will pay the Base Executive’s Salary shall be payable in accordance with the Company’s normal standard payroll procedures in effect from time to timepractice.

Appears in 1 contract

Samples: Employment Agreement (NMT Medical Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 400,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. Executive’s annual The Executive will receive an annualized base salary is initially of $750,000.00 257,600, subject to change in the Board’s sole discretion (the “Base Salary”). The Company will pay the Base Salary will be payable in accordance with the Company’s normal payroll procedures practices as are in effect from time to time.

Appears in 1 contract

Samples: Executive Employment Agreement (Northern Technologies International Corp)

Base Salary. The Executive’s 's annual base salary is initially will be One Hundred and Eighty-Five Thousand Dollars ($750,000.00 (185,000), payable on the “Base Salary”)Corporation's regular bi-weekly payroll basis. The Company Executive shall receive only that portion of the base that will pay become due during the Base Salary in accordance with Term, and not the Company’s normal payroll procedures in effect from time to timetotal annual base salary.

Appears in 1 contract

Samples: Employment Agreement (Bioreliance Corp)

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Base Salary. Executive’s Employer agrees to pay Executive during the Term of Employment an annual base salary is initially of $750,000.00 350,000 (the “Base Salary”), which amount may be increased but may not be decreased, without the consent of Executive, during the Term of Employment. The Company will pay the Base Salary Executive’s base salary shall be paid in installments in accordance with the CompanyEmployer’s normal standard payroll procedures in effect from time to timepolicies and procedures.

Appears in 1 contract

Samples: Employment Agreement (Uqm Technologies Inc)

Base Salary. During the initial twelve-month period of the Term, the Company will pay the Executive an annual base salary of $350,000. During the second twelve-month period of the Term, Executive’s annual base salary is initially shall be $750,000.00 (the “Base Salary”)325.000. The Company will pay the Base Salary Executive’s base salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to time.of the Company

Appears in 1 contract

Samples: Employment Agreement (Infinity Property & Casualty Corp)

Base Salary. Executive’s annual base salary is initially $750,000.00 (During the “Base Salary”). The Term, the Company will pay the Base Salary Executive an annual base salary of at least $550,000 for each twelve-month period of the Term. The Executive’s base salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timeof the Company.

Appears in 1 contract

Samples: Employment Agreement (Infinity Property & Casualty Corp)

Base Salary. During the Term, the Executive’s annual base salary is initially $750,000.00 (the “Base Salary”). The Company will pay the Base Salary ) shall be paid in accordance with the CompanyCorporation’s normal regular payroll procedures practices in effect from time to time, but not less frequently than in monthly installments. As of the Effective Date, the Executive’s “Base Salary” shall be at an annualized rate of $750,000.

Appears in 1 contract

Samples: Employment Agreement (GoodRx Holdings, Inc.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 500,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to time.time and may be increased, but not decreased, at the discretion of the Company. 

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 428,645 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be two hundred sixty thousand dollars ($750,000.00 260,000.00) (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to time. Executive shall be considered for performance and market-based increases to the Base Salary on an annual basis, which increases shall be granted at the discretion of the Board. The Base Salary shall be retroactive and payable as of July 19, 2017.

Appears in 1 contract

Samples: Employment Agreement (Dare Bioscience, Inc.)

Base Salary. During the term of the Executive’s annual employment, the Executive will receive a base salary is initially of $750,000.00 (250,000 per annum, payable in biweekly increments in arrears, subject to annual salary and performance reviews and potential salary increases at the “Base Salary”). The Company will pay sole discretion of the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to timeBoard.

Appears in 1 contract

Samples: Letter Agreement (Oxis International Inc)

Base Salary. During the Employment Period, the Executive’s annual 's base salary is initially shall be Wyerx $750,000.00 000,000 per annum, subject to annual increases as the Board may in its discretion determine in December of each year, beginning December 1997 (the "Base Salary"). The Company will pay the Base Salary , which salary shall be payable in regular installments in accordance with the Company’s normal 's general payroll procedures in effect from time practices and shall be subject to timecustomary withholding.

Appears in 1 contract

Samples: Executive Employment Agreement (Airxcel Inc)

Base Salary. Executive’s Commencing on the Effective Date and during the Employment Period, the Executive will be paid an annual base salary is initially of $750,000.00 400,000., subject to adjustment as provided below (the “Base "Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than Exhibit 10.48 - Pg. The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures in effect from time to time.3

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Base Salary. Executive’s Commencing on the Effective Date, Executive will be entitled to an annual base salary is initially of $750,000.00 (425,000, subject to periodic review and change by the “Base Salary”)Compensation Committee. The Company Executive’s base salary will pay the Base Salary be payable in accordance with the CompanyAcuity’s normal regular payroll procedures practices for executives as in effect from time to time.

Appears in 1 contract

Samples: Letter Agreement (Acuity Brands Inc)

Base Salary. Executive’s annual The Executive will be paid a base salary is initially $750,000.00 at an annual rate to be set from time to time by the Board (the “Base Salary”). The Company will pay the Base Salary , payable in accordance with the Company’s normal payroll procedures practices as in effect from time to time. For fiscal year 2020, the Executive’s Base Salary shall be $565,000.

Appears in 1 contract

Samples: Employment Agreement (CTO Realty Growth, Inc.)

Base Salary. Executive’s During the Term, the Executive shall be paid an annual base salary is initially of $750,000.00 (300,000, subject to any increases that the “Base Salary”)Chief Executive Officer of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Company will pay Executive's base salary shall be paid at least monthly and, at the Base Salary in accordance with option of the Company’s normal payroll procedures in effect from time to time, may be paid more frequently. In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be prorated through the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Sirius Satellite Radio Inc)

Base Salary. As of the Effective Date, Executive’s annual annualized base salary is initially shall be $750,000.00 650,000 (the “Base Salary”). The Company will pay the Base Salary shall be provided in accordance consideration for Executive’s services under this Agreement, and payable on a not less than biweekly basis, in conformity with the Company’s normal customary payroll procedures practices for executives as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Enviva Inc.)

Base Salary. Executive’s annual base salary is initially shall be $750,000.00 275,000 (the “Base Salary”). The Company will pay the Base Salary , which is payable in regular installments in accordance with the Company’s normal regular payroll procedures in effect practices and subject to all statutory tax deductions and authorized withholdings payroll practices, and shall be subject to customary withholding and other appropriate deductions. The Base Salary shall be reviewed by the Board and may be increased, but not decreased, from time to timetime during the Term.

Appears in 1 contract

Samples: Executive Employment Agreement (Emergent Capital, Inc.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 330,000.00 per annum (the “Base Salary”). The Company will pay the Base Salary , which salary shall be payable in regular installments in accordance with the Company’s normal general payroll practices. The Base Salary will be subject to review on an annual basis and may be adjusted in accordance with the procedures in effect from time to timeset forth by the Company’s Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (SUNSHINE SILVER MINES Corp)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 312,000 per year, payable in accordance with the Company’s normal payroll procedures in effect from time to timefor executives, but not less frequently than monthly.

Appears in 1 contract

Samples: Employment Agreement (Reptron Electronics Inc)

Base Salary. During the term of Executive’s annual employment, Executive will receive a base salary is initially of $750,000.00 (175,000.00 per annum, payable in biweekly increments, subject to annual salary and performance review and potential salary increase at the “Base Salary”). The Company will pay the Base Salary in accordance with sole discretion of the Company’s normal payroll procedures in effect from time to time.

Appears in 1 contract

Samples: General Release and Agreement (Chromavision Medical Systems Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 332,200 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be Two Hundred Fifty Thousand Dollars ($750,000.00 250,000) (the “Base Salary.). ) The Company will pay the Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for senior executives.

Appears in 1 contract

Samples: Employment Agreement (TA Holdings 1, Inc.)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 315,660.29 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Board or the Compensation Committee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Telik Inc)

Base Salary. The Executive’s annual base salary is initially during the Employment Period shall be (i) $750,000.00 415,600 per annum for the period from October 1, 2016 through December 31, 2016, (ii) $550,000, $625,000 and $700,000 per annum for the calendar years ending December 31, 2017, 2018 and 2019, respectively, and (iii) $700,000 for each calendar year during the Reward Period (defined below) (the “Base Salary”). The Company will pay the Base Salary will be payable to the Executive by the Company in regular installments in accordance with the Company’s normal general payroll procedures in effect from time to timepractices.

Appears in 1 contract

Samples: Employment Agreement (XCel Brands, Inc.)

Base Salary. Executive’s During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary is initially $750,000.00 (the “Base Salary”)) as determined by the Compensation Committee from time to time. Commencing July 1, 2002, the Executive’s Base Salary shall be at a rate of not less than $375,000. The Company will pay the Base Salary shall be payable in accordance with the Company’s normal regular payroll procedures practice for its senior executives, as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (HPSC Inc)

Base Salary. Executive’s annual The base salary is initially of Executive shall be $750,000.00 155,000 on an annualized basis during the Executive's term of employment (the “"Base Salary"). The Company will pay salary shall be payable at $12,916.66 per month. Such salary may be increased pursuant to periodic reviews to be held by the Base Salary in accordance with Board of Directors. Such salary shall be increased only upon the Company’s normal payroll procedures in effect from time to timeunanimous action of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Delta Beverage Group Inc)

Base Salary. The Executive’s current rate of annual base salary as of the Effective Date is initially five hundred and thirty thousand dollars ($750,000.00 (the “Base Salary”). The Company 530,000) per year, less applicable withholding, which will pay the Base Salary be paid in accordance with the Company’s normal payroll procedures in effect from time to timeprocedures. The Executive’s Base salary may be increased or decreased with the approval of the Compensation Committee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Thorne Healthtech, Inc.)

Base Salary. During the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 400,000 per annum (as may be adjusted up but not down by the Board from time to time, the “Base Salary”). The , which salary shall be payable by the Company will pay the Base Salary in regular installments in accordance with the Company’s normal general payroll procedures practices in effect from time to time. The Base Salary shall be prorated on an annualized basis for any partial year during the Employment Period.

Appears in 1 contract

Samples: Employment Agreement (Metaldyne Performance Group Inc.)

Base Salary. Executive’s annual base salary is initially shall be $750,000.00 350,000 per year (the “Base Salary”). The Company will pay , starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s normal standard payroll procedures in effect from time practices and policies for senior executives, and (ii) subject to timesuch withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Appears in 1 contract

Samples: Employment Agreement (Wingstop Inc.)

Base Salary. Executive’s annual base salary as of the Effective Date is initially ONE HUNDRED SIXTY THOUSAND U.S. DOLLARS ($750,000.00 (the “Base Salary”160,000). The Company will pay the Base Salary Executive’s annual base salary shall be paid in accordance with the standard payroll practices of the Company’s normal payroll procedures in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Rainmaker Systems Inc)

Base Salary. Executive’s Executive will be entitled to a minimum annual base salary is initially of $750,000.00 (350,000 for the “Base Salary”)first year of employment and of $400,000 thereafter, payable by direct deposit in equal biweekly installments. The Company will pay the Base Salary in accordance with the Company’s normal payroll procedures base salary as in effect from time to timetime will be referred to as "Base Salary".

Appears in 1 contract

Samples: Employment Agreement (Equifax Inc)

Base Salary. During the Term, the Executive’s annual base salary shall be $415,000. The Executive’s base salary shall be re-determined annually by the Board or the Compensation Committee and shall be subject to increase but not decrease while serving in this role. The annual base salary in effect at any given time is initially $750,000.00 (the referred to herein as “Base Salary”). .” The Company will pay the Base Salary shall be payable in accordance a manner that is consistent with the Company’s normal usual payroll procedures in effect from time to timepractices for senior executives.

Appears in 1 contract

Samples: Employment Agreement (Blueprint Medicines Corp)

Base Salary. During the Term, the Executive’s annual base salary is initially shall be $750,000.00 600,000 (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to timetime and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Base Salary. Executive’s annual The base salary is initially payable to Executive during the term of his employment hereunder, commencing on the Start Date, shall be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 150,000 per year, payable in accordance with the Company’s normal payroll procedures in effect for executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the “Board”), in light of the Executive’s position, responsibilities and performance, and, as increased from time to time, may not be reduced.

Appears in 1 contract

Samples: Employment Agreement (Conrad Industries Inc)

Base Salary. During the Employment Period, Executive’s annual base salary is initially shall be $750,000.00 525,000 or such greater amount as may be determined by the Board (the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time schedule, but no less often than monthly. The Base Salary shall be subject to timereview by the Board no less frequently than annually.

Appears in 1 contract

Samples: Employment Agreement (Veritone, Inc.)

Base Salary. During the Employment Period, the Executive’s annual base salary is initially will be $750,000.00 416,000.00 per annum (the “Base Salary”). The Company will pay the Base Salary will be payable monthly on the last working day of each month in accordance arrears in twelve (12) equal installments per annum. Annually during the Employment Period the Company shall review with the CompanyExecutive his job performance and compensation, and if deemed appropriate by the Board of Directors of the Company or its delegate, in its discretion, the Executive’s normal payroll procedures in effect from time to timeBase Salary may be increased.

Appears in 1 contract

Samples: Employment Agreement (Validus Holdings LTD)

Base Salary. The Executive’s annual base salary is initially shall be $750,000.00 1,000,000 (as may be adjusted by the Board from time to time, the “Base Salary”). The Company will pay the Base Salary shall be payable in accordance with the Company’s normal regular payroll procedures practices, as in effect from time to time., and subject to all applicable taxes and withholdings. (b)

Appears in 1 contract

Samples: Employment Agreement (Emergent BioSolutions Inc.)

Base Salary. Executive’s During the Employment Period, the Executive shall receive an annual base salary is initially of $750,000.00 250,000.00 payable pursuant to the Company's normal payroll practices, but no less frequently than monthly (the “Base Salary”"ANNUAL BASE SALARY"). The Company will pay Commencing in 2001, the Annual Base Salary in accordance with the Company’s normal payroll procedures then in effect from time to timeshall be reviewed by the Company by no later than April 15th of each year and may be increased (but not decreased) by such amount as the Company in its sole discretion shall determine.

Appears in 1 contract

Samples: Employment Agreement (At&t Latin America Corp)

Base Salary. Executive’s annual annualized base salary is initially shall be $750,000.00 330,000 (the “Base Salary”). The Company will pay the Base Salary , which shall be payable in accordance with the Company’s normal general payroll procedures in effect from time practices, including those related to timetaxes and withholdings.

Appears in 1 contract

Samples: Executive Employment Agreement (Neuraxis, INC)

Base Salary. During the Term, Executive’s annual base salary is initially will be at a rate of not less than $750,000.00 250,000 per annum for the 2014 calendar year, $300,000 for the 2015 calendar year and $325,000 for the 2016 calendar year (the “Base Salary”). The Company will pay the Such Base Salary shall be paid in accordance with the Company’s normal payroll procedures practices and policies then in effect from time to timeeffect.

Appears in 1 contract

Samples: Employment Agreement (Sequential Brands Group, Inc.)

Base Salary. Executive’s annual base salary is will initially be $750,000.00 (the “Base Salary”). The Company will pay the Base Salary 250,000 per year, payable in accordance with the Company’s normal payroll procedures procedures, less all applicable withholdings and deductions. On the first anniversary of the Effective Date and on each anniversary thereafter, the then-current base salary shall be increased by ten-percent (10%). The base salary, as increased in effect from time accordance with this Section 3(a), will thereinafter be referred to timeas the “Base Salary.

Appears in 1 contract

Samples: Employment Agreement (KBL Merger Corp. Iv)

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