Common use of Base Salary Clause in Contracts

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll 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.

Base Salary. The Executive’s annual base salary will be $370,000.00 225,000 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices practices, as in effect from time to time. The Base Salary shall will be reviewed on an annual basis following by the 2015 calendar year Company’s Board of Directors (the “Board”) or the Compensation Committee of the Board and may be increased (but not decreased) by from time to time. To the Boardextent the Board has authorized its Compensation Committee to act on its behalf in any particular respect, with any such increase taking effect as of references to the first day of Board in that context will also be deemed to include the applicable calendar yearCompensation Committee.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 (370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), which shall .” The Base Salary will be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The Executive’s base salary rate shall be $480,000 per year. The Executive’s base salary shall be re-determined annually by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The annual base salary will be $370,000.00 (the rate in effect at any given time is referred to herein as “Base Salary”), which .” The Executive’s Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The Executive’s annual Company shall pay the Executive an annualized base salary will be of $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month 340,000.00 in periodic installments in accordance with the Company’s customary payroll practices practices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time. The , is hereinafter referred to as “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 yearSalary”.

Base Salary. The Executive’s Executive shall receive an annual base salary will be $370,000.00 (the “Annual Base Salary”)) at a rate of $216,000, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as in effect from time to timepolicies. The Annual Base Salary shall be reviewed on an annual basis following for increase at least annually pursuant to its normal performance review policies for executives. The Annual Base Salary shall not be reduced after any increase and the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect term Annual Base Salary as of the first day of the applicable calendar yearutilized in this Agreement shall refer to Annual Base Salary as so increased.

Base Salary. The Company agrees that the Executive’s 's annual base salary will be Base Salary is $370,000.00 (425,000, which does not include any benefits or perquisites or reductions. Notwithstanding the “foregoing, the Company and the Executive have agreed to reductions to the Base Salary”), which shall be paid ratably by the Company to will result in the Executive each month in accordance with the Company’s payroll practices as in effect from time to timereceiving an annual Reduced Base Salary of $317,475. The Base Salary and Reduced Base Salary shall be reviewed on an annual basis following at least annually by the 2015 calendar year Human Resources Committee of the Board 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 yearfrom time to time based upon performance.

Base Salary. The As of the Employment Commencement Date, Executive’s annual 's annualized base salary will be $370,000.00 (the “Base Salary”), which shall 797,000 and will be paid ratably by the Company subject to annual review pursuant to the Executive each month in accordance with Company's normal review policy for other similarly situated senior executives of the Company’s payroll 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.

Base Salary. The Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s annual base salary will shall be $370,000.00 391,406.28 per annum, (as adjusted from time to time, the “Base Salary”), which . The Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be paid ratably by the Company to the Executive each month payable in regular installments in accordance with the Company’s general payroll practices as in effect from time to time. The Base Salary and 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 yearsubject to customary withholding.

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (300,000, subject to redetermination by the Board or the Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with the 2015 calendar year and may be increased Company’s usual payroll practices for senior executives. (but not decreased) by the Board, with any such increase taking effect as of the first day of the applicable calendar year.b)

Base Salary. The During the Term the Executive’s annual base salary will shall be Two Hundred Fifty Thousand Dollars ($370,000.00 (the “Base Salary”)250,000.00) per year, which shall be paid ratably payable by the Company to the Executive each month in accordance installments consistent with the Company’s normal payroll practices schedule, subject to customary withholding as in effect required by applicable law. This annual base salary shall be reviewed by the Board periodically, and the Board may adjust the Executive’s annual base salary from time to time. The Base Salary shall time as the Board deems to be reviewed on an annual basis following appropriate subject to Executive’s performance, the 2015 calendar year Company’s financial condition 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 yearmarket conditions.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”)) will be $250,000.00, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to timepractices. The Board or a committee of the Board shall review Executive’s Base Salary shall periodically and any adjustments to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by discretion of the Board or a committee of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual 's base salary will be $370,000.00 (the “Base Salary”), which hereunder shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect ----------- $290,000 a year, payable monthly and prorated for any partial year of employment. The Board shall review such base salary at least annually and make such adjustment from time to time. The Base Salary time as it may deem advisable, but the base salary shall not at any time 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 less than $290,000 a year.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 275,000. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for executive officers.

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (375,000, subject to redetermination by the Board or the Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The Executive’s annual base salary will be 's annualized Base Salary as of the date of this Agreement is $370,000.00 (the “Base Salary”)458,719.77, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually, and any changes thereto (which shall thereafter be deemed the 2015 calendar year and may Executive's Base Salary) shall be increased (but not decreased) by solely within the discretion of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual base salary will (as may be $370,000.00 (the increased from time to time, “Base Salary”)) will be $300,000, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to timepractices. The Company shall review Executive’s Base Salary shall periodically and any increase to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall ) will be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time$75,000. The Base Salary shall will be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Board, with any payable in such increase taking effect installments as are applicable to employees of the first day of Company at substantially the applicable calendar yearsame service level as the Executive.

Base Salary. The Executive’s annual base salary will hereunder, from July 1, 2001 to December 31, 2003, shall be $370,000.00 (550,000 per year, payable semi-monthly. Effective January 1, 2004, the “Base Salary”), which Executive’s base salary hereunder shall be paid ratably by $605,000 per year, payable semi-monthly. The Board shall review such base salary at least annually and make such adjustment from time to time as it may deem advisable, but the Company to base salary shall not at any time be reduced from the Executive each month in accordance with the Company’s payroll practices as base salary 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.”

Base Salary. The Executive’s annual base salary will be $370,000.00 (Commencing as of the “Base Salary”)Effective Date, which the Executive shall be paid ratably by the Company to the Executive each month an annualized Base Salary of $275,000. Such Base Salary shall be payable at intervals in accordance with the Company’s regular payroll practices as in effect from time of the Company applicable to timesenior executives but no less frequently than monthly. The Base Salary shall be reviewed on an annual basis following no less frequently than annually during the 2015 calendar year and may Term of Employment for increases. The Base Salary shall not be increased decreased at any time, or for any purpose, during the Term of Employment (but not decreased) by including, without limitation, for the Board, with any such increase taking effect as purpose of the first day of the applicable calendar yeardetermining benefits due under Section 9).

Base Salary. The Executive’s annual base salary will during the Employment Period shall be $370,000.00 888,500.00 per year (the “Base Salary”), which shall . The Base Salary will be paid ratably payable to the Executive by the Company to the Executive each month in regular installments in accordance with the Company’s general payroll practices practices. The Executive shall receive such increases (but not decreases) in his Base Salary as the Board, or the compensation committee of the Board (the “Compensation Committee”), may approve in effect its sole discretion from time to time. The Following the three-year anniversary of the Effective Date, 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 yearat least annually.

Base Salary. The Executive’s annual base salary will be $370,000.00 (Commencing as of the “Base Salary”)Effective Date, which the Executive shall be paid ratably by the Company to the Executive each month an annualized Base Salary of $330,000, payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually for increase in the 2015 calendar year and may be increased (but not decreased) by discretion of the CEO and, if applicable, the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual base salary will rate as of the Effective Date is $850,000, subject to withholding under applicable law. The Executive’s base salary rate shall be $370,000.00 (determined annually by the Compensation Committee of the Board, but may not be decreased. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The Executive’s During the Employment Period, the Executive shall receive from the Company an annual base salary will be $370,000.00 (the “"Annual Base Salary”)") of $575,000, payable in equal installments at intervals not less frequent than monthly. The Executive's Annual Base Salary may be increased by the Board which shall be paid ratably by the Company to the Executive review it annually in January of each month in accordance with the Company’s payroll practices as in effect from time to timeyear. The Executive's Annual Base Salary shall not be reviewed on an annual basis following reduced below $575,000, and the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect term Annual Base Salary as of the first day of the applicable calendar yearutilized in this Agreement shall refer to Annual Base Salary as so increased.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”)) will be $370,000 in U.S. Dollars, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to time. The Board or a committee of the Board shall review Executive’s Base Salary shall at least annually to determine if adjustments upward to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by discretion of the Board or a committee of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 350,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s annual base salary will be 's annualized Base Salary as of the date of this Agreement is $370,000.00 (the “Base Salary”)424,360.00, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually, and any changes thereto (which shall thereafter be deemed the 2015 calendar year and may Executive's Base Salary) shall be increased (but not decreased) by solely within the discretion of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (374,000. The Executive’s base salary may be redetermined by the Company’s Compensation Committee, after consultation with the CEO. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The As of the Effective Date, the Executive’s annual base salary will is $275,000. The Executive’s base salary shall be $370,000.00 reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The During the Employment Period, the Executive’s annual 's base salary will be $370,000.00 252,500 per annum (the “"Base Salary”"). The Base Salary will be payable monthly on the 15th day of each month, which shall be paid ratably by two weeks in arrears and two weeks in advance. Annually during the Employment Period, the Company to shall review with the Executive each month in accordance with the Company’s payroll practices as in effect from time to timehis job performance and compensation. The amount of the Executive's Base Salary shall be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) annually by the Board, with any such increase taking effect as Board but shall not be reduced without the written consent of the first day Executive. Normal hours of the applicable calendar year.employment are 8:30 a.m. to 5:00 p.m.,

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (345,000, subject to redetermination by the Board or the Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 390,000. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for executive officers.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 265,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 481,000. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for executive officers.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably set no less than annually by the Company to Board or the Executive each month in accordance with the Company’s payroll practices as in effect from time to timeCompensation Committee. 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 As of the first day Effective Date, the Executive’s base salary is CHF 353,632, payable in 12 monthly installments of the applicable calendar yearCHF 29,469 per month.

Base Salary. The Executive’s annual 's base salary will be $370,000.00 (the “Base Salary”), which hereunder shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect ----------- $225,000 a year, payable monthly and prorated for any partial year of employment. The Board shall review such base salary at least annually and make such adjustment from time to time. The Base Salary time as it may deem advisable, but the base salary shall not at any time 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 less than $225,000 a year.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 (300,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), which shall .” The Base Salary will be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The Executive’s annual base salary will be 's annualized Base Salary as of the date of this Agreement is $370,000.00 (the “Base Salary”)355,249.78, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually, and any changes thereto (which shall thereafter be deemed the 2015 calendar year and may Executive's Base Salary) shall be increased (but not decreased) by solely within the discretion of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual 's base salary will hereunder shall be $370,000.00 (605,000 per year, payable semi-monthly. Commencing on January 1, 2005, the “Base Salary”)Board shall review such base salary at least annually and make such adjustments from time to time as it may deem advisable, which but the base salary shall not at any time be paid ratably by reduced from the Company to the Executive each month in accordance with the Company’s payroll practices as base salary 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.

Base Salary. The Executive’s annual Executive shall be paid a base salary will be $370,000.00 (the “Base Salary”)) at the annual rate of $250,000, which shall be paid ratably by the Company to the Executive each month payable in accordance bi-weekly installments consistent with the Company’s payroll practices as in effect from time to timepractices. The annual Base Salary shall be reviewed increased 10% on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Boardor before [January 1,2019] of each year, with any such increase taking effect as of the first day of the applicable calendar yearunless Executive’s employment hereunder shall have been terminated earlier pursuant to this Agreement, starting on January 1 ,2019.

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (400,000, subject to redetermination by the Company. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The Executive’s annual Executive will be paid a base salary will be at the annual rate of $370,000.00 (the “Base Salary”)531,756, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s 's standard payroll practices as in effect from time for salaried employees. This salary will be subject to time. The Base Salary shall be reviewed reevaluation on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Boardeach March 1, with any such increase taking effect as of the first day of the applicable calendar year.commencing March 1,

Base Salary. The Executive’s annual rate of base salary will shall be $370,000.00 700,000 (the “Base Salary”), which . The Bank shall be paid ratably by pay the Company to the Executive each month Base Salary in periodic installments in accordance with the Company’s its payroll practices as in effect from time to timepractices. The Base Salary shall be reviewed on an annual basis following at least annually by the 2015 calendar year Bank, or a committee thereof, 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).

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which ) shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time$1,500,000. The Base Salary shall be payable in periodic installments in accordance with the usual practice of the Company for its senior executives. Executive’s Base Salary will 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 necessarily increased annually as part of the first day of the applicable calendar yearCompany’s merit review process.

Base Salary. The As of the Commencement Date, the Executive’s annual base salary will shall be $370,000.00 750,000 (the “Base Salary”), which shall be paid ratably by prorated for calendar year 2017. The Base Salary may not be decreased during the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to timeTerm. The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The Executive’s annual base salary will be annualized Base Salary as of the date of this Agreement is $370,000.00 (the “Base Salary”)424,360.00, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually, and any changes thereto (which shall thereafter be deemed the 2015 calendar year and may Executive’s Base Salary) shall be increased (but not decreased) by solely within the discretion of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s Starting on the Start date, Executive will be paid an annual base salary of $375,000, which will be $370,000.00 (the “Base Salary”)payable on a bi-monthly basis, which shall be paid ratably by the Company pursuant to the Executive each month in accordance with the Company’s regular payroll practices as in effect from time to timepolicies. The Base Salary shall Executive’s salary will be reviewed on an annual basis following the 2015 calendar year annually and may be increased (but not decreased) adjusted by the Board. The Company shall withhold from any compensation or benefits payable under this Agreement any federal, with state and local income, employment or other similar taxes as may be required to be withheld pursuant to any such increase taking effect as of the first day of the applicable calendar year.law or regulation

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 225,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s annual base salary will shall be $370,000.00 375,000.00 per annum, (as adjusted from time to time, the “Base Salary”), which . The Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be paid ratably by the Company to the Executive each month payable in regular installments in accordance with the Company’s general payroll practices as in effect from time to time. The Base Salary and 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 yearsubject to customary withholding.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 1,000,000 (the “Base Salary”), which shall ) The Base Salary may not be paid ratably by decreased during the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to timeTerm. The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 275,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s As of the Effective Date, Executive shall receive an annual salary base salary will be $370,000.00 (the “Annual Base Salary”) of $538,500, payable in twice monthly installments (except if deferred by Executive under a Company-sponsored deferral plan), which shall be paid ratably by the Company to the Executive each month in accordance with the Company. Executive’s payroll practices as in effect from time to time. The Annual 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 Compensation Committee of the first day of Board (the applicable calendar year“Committee”) each January during the Employment Period. Any increase in Annual Base Salary approved by the Committee shall not serve to limit or reduce any other obligation to Executive under this Agreement.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 273,000 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 “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for executive officers.

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (270,000, subject to redetermination by the Company. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The During the Term, Executive’s annual base salary will be at a rate of not less than $370,000.00 1,275,000 per annum (the “Base Salary”), which . Such Base Salary shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as and policies then in effect from time to timeeffect. The Base Salary shall be reviewed on an annual basis following at least annually by the 2015 calendar year Board (and/or the Compensation Committee thereof) and may be increased (increased, but not decreased) by , in its discretion, in which event any increased Base Salary shall be deemed the Board, with any such increase taking effect as of the first day of the applicable calendar yearBase Salary under this Agreement.

Base Salary. The Executive’s annual base salary will be $370,000.00 (Commencing as of the “Base Salary”)Effective Date, which the Executive shall be paid ratably by the Company to the Executive each month an annualized Base Salary of $420,000, payable in accordance with the Company’s regular payroll practices as in effect from time to timeof the Company. The Base Salary shall be reviewed on an annual basis following no less frequently than annually for increase in the 2015 calendar year and may be increased (but not decreased) by discretion of the CEO and, if applicable, the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 (480,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), which shall .” The Base Salary will be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The During the Employment Term, the Executive’s annual base salary will be $370,000.00 180,000 annually (the “Base Salary”), which shall be less applicable deductions and withholdings as required by applicable law, paid ratably by the Company to the Executive each month in accordance with the Company’s standard payroll practices as and prorated in effect from time to timeany year where the Executive is not actively employed with the Company for the full calendar year. The Base Salary shall Executive’s base salary will be reviewed by the Board (or a designated committee thereof) on an annual basis following basis, based on personal and corporate achievements and the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect as overall financial performance of the first day of the applicable calendar yearCompany.

Base Salary. During the Term, the Bank will pay to Executive an annualized base salary of $725,000 per year, payable in accordance with the Bank’s normal payroll practices. The Executive’s annual base salary will be $370,000.00 (subject to annual review for increase but may not be decreased without Executive’s consent. As used in this Agreement, the term “Base Salary”)” means, which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll 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 any given date, Executive’s annualized base salary as of the applicable calendar yearsuch date.

Base Salary. The Executive’s annual Executive will be paid a base salary will be at the annual rate of $370,000.00 (the “Base Salary”)766,782, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s 's standard payroll practices as in effect from time for salaried employees. This salary will be subject to time. The Base Salary shall be reviewed reevaluation on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Boardeach March 1, with any such increase taking effect as of the first day of the applicable calendar year.commencing March 1,

Base Salary. The Executive’s annual base salary will initially be $370,000.00 (the “Base Salary”)375,000 per year, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as in effect from time to timeprocedures, 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 accordance with this Section 3(a), will !hereinafter be referred to as 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 yearSalary.”

Base Salary. The Executive’s annual base salary will be is $370,000.00 (the “Base Salary”)475,000, which shall be paid ratably by the Company to the Executive each month payable in regular installments in accordance with the Company’s general payroll practices as in effect from time to timepractices. The Base Salary shall Executive’s performance and salary will be reviewed annually on an annual basis following a schedule consistent with the 2015 calendar year and may Company’s practice for officers (such schedule currently contemplated to be increased (but not decreased) by the Board, with any such increase taking effect as May of the first day of the applicable calendar each year).

Base Salary. The Executive’s annual base salary will shall be $370,000.00 1,000,000 (as may be adjusted by the Board from time to time, the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s regular payroll practices 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 subject to all applicable calendar yeartaxes and withholdings.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”)) will be $415,000, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to timepractices. The Board or a committee of the Board shall review Executive’s Base Salary shall periodically and any adjustments to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by discretion of the Board or a committee of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual Executive will be paid an annualized base salary will be of $370,000.00 200,000, subject to tax withholdings and adjustment as provided below (the “Base Salary”), which shall will be paid ratably payable in equal periodic installments according to the Employer’s customary payroll practices, but no less frequently than monthly. Effective in or around June, 2014, and annually thereafter, the Executive’s Base Salary will be reviewed by the Company to the Executive each month in accordance with the CompanyEmployer’s payroll practices as in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year Board of Directors not less frequently than annually, and may be increased (but not decreased) adjusted upward by the Board, with any such increase taking effect as of the first day of the applicable calendar yearEmployer.

Base Salary. The Effective April 5, 2017, the Executive’s annual base salary will be is Thirty-Five Thousand Dollars ($370,000.00 35,000) (the “Base Salary”), which paid in approximately equal installments bi-weekly. In no event shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The Base Salary shall be reviewed on an annual basis following reduced without the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect as prior written consent of the first day of the applicable calendar yearExecutive.

Base Salary. The Executive’s annual base salary will be $370,000.00 241,000 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The Base Salary shall will be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) annually by the Board, with any such increase taking effect as Compensation Committee of the first day Company’s Board of Directors (the applicable calendar year“Committee”).

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 600,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which ) of the Executive shall be paid ratably US$344,451. The Executive’s Base Salary shall be reviewed annually by the Company to Board (or its human resources committee) following the Executive each month in accordance with Executive’s annual performance review and shall be such amount as is established by the Company’s payroll practices as in effect Board (or its human resources committee) from time to time. The Executive’s Base Salary shall be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) payable by the Board, with any such increase taking effect as of Corporation to the first day of the applicable calendar yearExecutive in arrears on a regular payroll basis.

Base Salary. The Effective as of January 1, 2022, the Executive’s annual base salary will shall be $370,000.00 342,000. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for executive officers.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 215,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The During the Term, Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which ) shall be paid ratably by the Company $1,150,000, subject to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year review at least annually and may be increased (but not decreased) by the BoardCommittee in its sole discretion. Notwithstanding the foregoing, Executive’s Base Salary may be decreased in accordance with any such increase taking effect as a uniform reduction in base salaries applicable to all senior executives of the first day of the applicable calendar yearCompany.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 375,064 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Effective as of January 1, 2008, Executive’s annual base salary will be $370,000.00 12,083.34 per month (the “Base Salary”$145,000 per annum), less any deductions required by law, which shall continue to be paid ratably by the Company to the Executive each month in accordance with the Company’s normal and customary payroll practices as in effect from time to timepractices, but no less frequently than monthly. The Base Salary Executive’s base salary shall be reviewed on an annual basis following the 2015 calendar year annually and may be increased (but not decreased) by reasonably adjusted in the Board, with any such increase taking effect as sole discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Effective October 1, 2011, the Executive’s annual base salary will hereunder shall be $370,000.00 (1,250,000 per year, payable semi-monthly. Commencing July 1, 2012, the “Base Salary”)Board shall review such base salary at least annually and make such adjustments from time to time as it may deem advisable, which but the base salary shall not at any time be paid ratably by reduced from the Company to the Executive each month in accordance with the Company’s payroll practices as base salary 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.”

Base Salary. The During the Term, the Executive’s annual base salary will shall be two hundred sixty thousand dollars ($370,000.00 260,000.00) (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as 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 reviewed on an annual basis following the 2015 calendar year retroactive and may be increased (but not decreased) by the Board, with any such increase taking effect payable as of the first day of the applicable calendar yearJuly 19, 2017.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”)) will be $225,000.00, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to timepractices. The Board or a committee of the Board shall review Executive’s Base Salary shall periodically and any adjustments to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by discretion of the Board or a committee of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The Executive’s annual base salary will be $370,000.00 561,600 per annum by twelve equal payments on a pre-determined date in each calendar month (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance . Beginning with the CompanyOctober 2025 compensation cycle, Executive’s payroll practices as in effect from time to time. The Base Salary shall will be reviewed on annually by your manager and the CEO and CHRO, who are under no obligation to award an annual basis increase 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 yeara salary review.

Base Salary. The Executive’s annual base salary will for each fiscal year during the Term shall be $370,000.00 (the “Base Salary”)260,000, which shall be paid ratably by the Company to the Executive each month payable in accordance with equal monthly or more frequent installments as are customary under the Company’s payroll practices as in effect from time to time. The CEO will review the Base Salary shall be reviewed on an annual basis following the 2015 calendar year at least annually and may (or may not) increase it at any time for any reason, in the CEO’s sole discretion. Executive’s Base Salary (as increased from time to time) shall not be increased (but not decreased) by the Board, with any such increase taking effect as of the first day of the applicable calendar yearreduced without Executive’s written consent.

Base Salary. The Effective October 1, 2011, the Executive’s annual base salary will hereunder shall be $370,000.00 (725,000 per year, payable semi-monthly. Commencing July 1, 2012, the “Base Salary”)Board shall review such base salary at least annually and make such adjustments from time to time as it may deem advisable, which but the base salary shall not at any time be paid ratably by reduced from the Company to the Executive each month in accordance with the Company’s payroll practices as base salary 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.”

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”)) will be $300,000.00, which shall be paid ratably by the Company to the Executive each month less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices as in effect from time to timepractices. The Board or a committee of the Board shall review ​ ​ Executive’s Base Salary shall periodically and any adjustments to Executive’s Base Salary, if any, will be reviewed on an annual basis following made solely at the 2015 calendar year and may be increased (but not decreased) by discretion of the Board or a committee of the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Base Salary. The As of the Effective Date, Executive’s annual annualized base salary will shall be $370,000.00 525,000.00 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month 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 customary payroll practices for executives as in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (but not decreased) by the Board, with any such increase taking effect subject to all withholdings and deductions as of the first day of the applicable calendar yeardetailed in Section 13 below.

Base Salary. The Executive will receive a base salary of $225,000.00 per year, payable in accordance with Company's regular payroll schedule. The Executive’s annual 's performance and salary will be reviewed annually. Any increase in base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll 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 effective as of the January 1 immediately following such review, provided that the first day such increase shall be effective as of the applicable calendar yearJanuary 1, 2005.

Base Salary. The Executive’s annual 's base salary will be an annual rate of $370,000.00 (the “Base Salary”)230,000, which shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s payroll practices as in effect from time to timeequal bi-weekly installments. The Base Salary shall Board will review the Executive's base salary annually and make adjustments as it deems appropriate. Necessary withholding taxes, FICA contributions and the like will be reviewed on an annual basis following deducted from 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 yearExecutive's base salary.

Base Salary. The Executive’s annual Employer shall pay Executive a base salary will be $370,000.00 (the “Base Salary”)) at the initial annual rate of $265,000 per year, which Base Salary shall be paid ratably by the Company to the Executive each month evaluated annually for potential increase, payable in regular installments in accordance with the Company’s usual executive payroll practices as in effect from time to timeof Employer. The Base Salary Executive’s annual salary shall be reviewed adjusted upward by an additional $10,000 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 each September 1 of the first day of the applicable calendar yearEmployment Term, to begin September 1, 2015.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 (301,700, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), which shall .” The Base Salary will be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The Executive’s annual base salary will be is $370,000.00 (the “Base Salary”)324,000, which shall be paid ratably is subject to review and redetermination by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The As of the Effective Date, Executive’s annual annualized base salary will shall be $370,000.00 425,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month 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 customary payroll practices for executives 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.

Base Salary. The Executive’s annual rate of base salary will shall be $370,000.00 600,000 (the “Base Salary”), which . The Company shall be paid ratably by pay the Company to the Executive each month Base Salary in periodic installments in accordance with the Company’s its payroll practices as in effect from time to timepractices. The Base Salary shall be reviewed on an annual basis following at least annually by the 2015 calendar year Board, or a committee thereof, 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).

Base Salary. The Executive’s annual base salary will shall be $370,000.00 (565,000, which is subject to review and redetermination by the Board. The base salary in effect at any given time is referred to herein as “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. .” The Base Salary shall be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 213,803 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s annual base salary will be $370,000.00 300,000 (the “Base Salary”), which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll practices practices, as in effect from time to time. The Base Salary shall will be reviewed on an annual basis following by the 2015 calendar year Company’s Board of Directors (the “Board”) and may be increased (but not decreased) by from time to time. To the Boardextent the Board has authorized its Compensation Committee to act on its behalf in any particular respect, with any such increase taking effect as of references to the first day of Board in that context will also be deemed to include the applicable calendar yearCompensation Committee.

Base Salary. The During the Term, the Executive’s annual base salary will shall be $370,000.00 720,000 (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as procedures in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year time and may be increased (increased, but not decreased) by , at the Board, with any such increase taking effect as discretion of the first day of the applicable calendar yearCompany.

Base Salary. The Executive’s annual base salary will be is $370,000.00 (the “Base Salary”)400,000, which shall be paid ratably is subject to review and redetermination by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be reviewed on an annual basis following payable in a manner that is consistent with 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 yearCompany’s usual payroll practices for senior executives.

Base Salary. The Effective October 1, 2012, the Executive’s annual base salary will hereunder shall be $370,000.00 (675,000 per year, payable semi-monthly. Commencing July 1, 2013, the “Base Salary”)Board shall review such base salary at least annually and make such adjustments from time to time as it may deem advisable, which but the base salary shall not at any time be paid ratably by reduced from the Company to the Executive each month in accordance with the Company’s payroll practices as base salary 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.”

Base Salary. The During the Term, the Executive’s annual base salary will shall be three hundred twenty-five thousand dollars ($370,000.00 325,000.00) (the “Base Salary”), which . The Base Salary shall be paid ratably by the Company to the Executive each month payable in accordance with the Company’s normal payroll practices as 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 reviewed on an annual basis following the 2015 calendar year retroactive and may be increased (but not decreased) by the Board, with any such increase taking effect payable as of the first day of the applicable calendar yearJuly 19, 2017.

Base Salary. The Executive’s annual annualized base salary will be is $370,000.00 (the “Base Salary”)300,000, which shall be paid ratably is subject to review and redetermination by the Company to the Executive each month in accordance with the Company’s payroll practices as in effect from time to time. The annualized base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be reviewed on an annual basis following payable in a manner that is consistent with the 2015 calendar year and may be increased (but Company’s usual payroll practices for senior executives. For the avoidance of doubt, the Executive will not decreased) receive any compensation for the Executive’s Board service while he is employed by the Board, with any such increase taking effect as of the first day of the applicable calendar yearCompany pursuant to this Agreement.

Base Salary. The Executive’s 's annual base salary will be is currently seven hundred thousand dollars (U.S.) ($370,000.00 (700,000). During the “Base Salary”)term of this Agreement the Board shall review Executive's salary at least annually and may, which shall be paid ratably by the Company to the Executive each month in accordance with the Company’s payroll 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 (its discretion, increase but not decreased) by the Board, with any such increase taking effect as of the first day of the applicable calendar yeardecrease Executive's base salary.

Base Salary. The During the Term, the Executive’s annual base salary will be $370,000.00 (288,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), which shall .” The Base Salary will be paid ratably by the Company to the Executive each month payable in accordance a manner that is consistent with the Company’s usual payroll 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 yearfor senior executives.

Base Salary. The Executive’s annual base salary will be at least $370,000.00 1,000,000 (the “Base Salary”). The Base Salary may be increased but shall not be subject to decrease, which shall and will be paid ratably by the Company subject to the Executive each month applicable tax withholdings and any required deductions and will be payable in equal installments in accordance with the Company’s regularly scheduled payroll 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 yearpractice.