Common use of Base Salary Clause in Contracts

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Term, the Company shall will pay to the Executive a base salary at the rate of $400,001 annually291,750 per annum, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company less customary withholdings and deductions (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be ) payable in accordance with the payroll procedures for the Company’s normal payroll practicessalaried employees in effect during the Term. Beginning in January 2007 and annually thereafter, the Base Salary shall be subject to annual review and possible increase by the Board of Directors, but it shall not be decreased during the Term of this Agreement.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 321,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board or the Compensation Committee (or similar committee) of the Company. The Company whereupon the Base Salary shall may be payable in accordance with the Company’s normal payroll practicesincreased (but not decreased) at their sole discretion.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on ) at an annual basis for increases in accordance with the review process for senior level executives initial annualized rate of the Company. The Base Salary shall be $200,000 per year, payable in accordance with the Company’s normal regular payroll practicespractices relating to salaried employees. The Supervisor may review the Base Salary from year to year and may approve an increase in the Base Salary as the Supervisor deems appropriate.

Base Salary. During In consideration of the Termservices to be rendered as provided in Section 1, the Company shall hereby agrees to pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at 240,000 payable in equal weekly installments in accordance with the option of the Compensation Committee of the board of directors usual practice of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Executive's Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board of Directors of the Company. The Base Salary shall be payable in accordance with Company (the Company’s normal payroll practices“BOD”).

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 240,000 per annum (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Base Salary shall be reviewed on an annual basis for increases in accordance with at least annually by the review process for senior level executives of Board and the Company. The Base Salary Board may, but shall not be payable in accordance with required to, increase the Company’s normal payroll practicesbase salary during the Employment Term.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on ) at an annual basis for increases in accordance with the review process for senior level executives initial annualized rate of the Company. The Base Salary shall be $250,000 per year, payable in accordance with the Company’s normal regular payroll practicespractices relating to salaried employees. The Supervisor may review the Base Salary from year to year and may approve an increase in the Base Salary as the Supervisor deems appropriate.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $1,021,199.82, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 258,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board or the Compensation Committee (or similar committee) of the Company. The Company whereupon the Base Salary shall may be payable in accordance with the Company’s normal payroll practicesincreased (but not decreased) at their sole discretion.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary at the rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 1,500,000 per annum (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be , payable semi-monthly in accordance with the Company’s normal executive payroll practicespolicy. Such Base Salary shall be reviewed annually on the Company’s regular executive salary review schedule, and shall be subject to adjustment at the discretion of the Board.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $400,000.00 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and(“Base Salary”), at the option annual rate of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary$350,000, as the same may be increased from time by the Board thereafter pursuant to time as aforesaidthe Company’s normal practices for its executives, being referred to herein as the “Base Salary”). The Base Salary which shall be reviewed on an annual basis for increases paid in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable installments in accordance with the Company’s normal payroll practices.

Base Salary. During the Employment Term, the Company shall pay to the Executive a annual base salary of $400,001 annually, which shall be subject to review and, (the "Base Salary") at the option annual rate no less than the rate of base salary in effect as of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)Effective Date. The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in regular installments in accordance with the Company’s normal 's usual payroll practices. The Management Compensation Committee of the Board (the "Compensation Committee") shall review Base Salary for the purpose of increasing it in accordance with its normal review procedures.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of at an annual rate equal to $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 1,000,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases , payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal usual payroll practices; provided, however, that Base Salary shall be reviewed for discretionary increases by the Board or the Compensation Committee thereof no less often than annually commencing no later than the first anniversary of the Effective Date.

Base Salary. During the Employment Term, in full consideration of the performance by the Executive of the Executive’s obligations hereunder (including any services as an officer, director, employee, or member of any committee of any affiliate of the Company, or otherwise on behalf of the Company), the Executive shall receive from the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on ) at an annual basis for increases in accordance with the review process for senior level executives rate of the Company. The Base Salary shall be $600,000 per year, payable in accordance with the Company’s normal payroll practicespractices of the Company then in effect.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a an annual base salary of $400,001 annually325,000 per year, which shall be subject paid to review and, at Executive in accordance with the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salaryCompany’s standard payroll practices, as the same may be increased in effect from time to time (such base salary, as aforesaidmay be increased pursuant to the following sentence, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis annually for increases increase as determined by the Board or the Compensation Committee thereof in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesits sole discretion.

Base Salary. During the Term, the Company shall pay to the Executive a ----------- base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”"Base Salary"), subject payable in equal installments in accordance with the Company's normal practice for paying base salaries to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)its executive employees. The Base Salary shall initially be reviewed on an annual basis for increases in accordance with payable at the review process for senior level executives rate of the Company. The Base Salary $200,000 per annum, and shall be payable in accordance with subject to annual review by the Company’s normal payroll practicesBoard for discretionary annual increases.

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annual rate of $400,001 annually425,000, which payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be subject entitled to review andannual reviews and increases in Executive’s Base Salary, at if any, as may be determined in the option of the Compensation Committee sole discretion of the board of directors of the Company KRATON (the “Compensation CommitteeBoard”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Term, the The Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) of $240,000 during the Fixed Term, payable in accordance with the standard payroll practices of the Company. The Executive’s Base Salary shall be reviewed on an annual basis for increases in accordance with or about the review process for senior level executives commence­ment of the Company. The Base Salary At-Will Term and annually thereafter, at which times it shall be payable in accordance with subject to increase or decrease at the Company’s normal payroll practicesdiscretion of the Board.

Base Salary. During the Term, the The Company shall pay to the Executive during the Term a ----------- base salary at the rate of $400,001 annually250,000 per annum (the "Annual Salary"), which in accordance with the customary payroll practices of the Company applicable to senior executives. The Annual Salary shall be subject to review and, reviewed at the option of least annually by the Compensation Committee of the board of directors of the Company Board (the “"Compensation Committee”"), subject to increase (such salary, as but shall not be decreased during the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be ) initially set at $261,000 per year, payable in accordance with the Company’s normal payroll practicesprocedures applicable to similarly situated senior executives of OA, as in effect from time to time. Beginning in calendar year 2008 and thereafter during the Employment Period, the Base Salary shall be subject to annual review and increase (but not decrease) in the sole discretion of the Committee.

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annual rate of $400,001 annually375,000, which payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be subject entitled to review andannual reviews and increases in Executive’s Base Salary, at if any, as may be determined in the option of the Compensation Committee sole discretion of the board of directors of the Company KRATON (the “Compensation CommitteeBoard”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), to be paid on the same payroll cycle as other U.S.‑based executive officers of the Company, at an annual rate of $1 million dollars ($1,000,000). The Base Salary shall will be reviewed on an annual basis for increases annually and may be adjusted upward (but not downward) by the CEO and the Compensation Committee in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesits discretion.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary salary, payable in equal installments in accordance with Company payroll procedures, at an annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”)350,000, subject to increase (such salary, as annual review by the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesBoard.

Base Salary. During the Term, the The Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases ) during the Employment Period of $400,000 per annum, payable in installments in accordance with the review process payroll practices for senior level executives of the Company. The Base Salary shall be payable subject to an annual review, and may be increased, but not decreased, in accordance with the Company’s normal payroll practicessole and absolute discretion of the Board of Directors or any committee delegated such responsibility. Upon any such increase the term “Base Salary” shall mean such increased amount.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $630,000 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option annual rate of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase ($ per year or such salary, higher rate as the same may be increased determined from time to time as aforesaid, being referred to herein as by the Company (“Base Salary”). The Such Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable paid in accordance with the Company’s normal standard payroll practicespractice for executives.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $515,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee of any direct or indirect parent of the Company, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the Term, the Company shall will pay to the Executive a base salary in the amount of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 635,000 per annum (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases , payable in accordance with such installments as the review process for senior level executives Company pays other similarly-situated officers of the Company. The Base Salary shall will be payable in accordance with annually reviewed and may be increased (but not decreased) by the Company’s normal payroll practicesCompensation Committee of the Board (the “Compensation Committee”) during the Term.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaidadjusted, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $500,000 payable in regular installments in accordance with the review process for senior level executives of the CompanyPolicies. The Board shall review the Base Salary shall be payable in accordance with the Company’s normal payroll practicesannually.

Base Salary. During the Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annualized rate of $400,001 annually395,000, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall customary withholdings and authorized deductions and be payable in equal installments in accordance with the Company’s normal customary payroll practicespractices in place from time to time. The Executive’s Base salary shall be subject to periodic adjustments as the CEO shall in his discretion deem appropriate.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary , at the annual rate of $470,000, which shall be reviewed on an annual basis for increases paid in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable installments in accordance with the Company’s normal payroll practices. The Executive’s Base Salary shall be reviewed annually by the Board pursuant to the normal performance review policies for senior level executives and may be adjusted from time to time as the Board deems appropriate.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 240,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board or the Compensation Committee (or similar committee) of the Company. The Company whereupon the Base Salary shall may be payable in accordance with the Company’s normal payroll practicesincreased (but not decreased) at their sole discretion.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $900,000.00, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal usual payroll practices. The Board may from time to time review and increase Executive’s Base Salary in its sole discretion.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $220,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive shall be entitled to annual reviews and increases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Board.

Base Salary. During the Term, the The Company shall pay to the Executive a base salary of $400,001 annuallyduring the Term, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the normal payment procedures of the Company’s normal payroll practices, at the rate of $508,500 per annum. The Parent and the Company agree to review such compensation not less frequently than annually during the Term.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary (“Base Salary”) of at least $400,001 annually358,829, which shall be less applicable and authorized deductions, subject to review and, at annually for appropriate increases by the option Chief Executive Officer and the Board of the Compensation Committee of the board of directors Directors of the Company (the “Compensation CommitteeBoard”), subject ) pursuant to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the normal performance review process policy for senior level executives of the Companyexecutives. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesschedule.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $500,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the TermTerm of Employment or Renewed Term of Employment, if any, the Company Executive shall pay to the Executive receive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary ) at a rate of $700,000 per annum (or such greater amount as shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of recommended by the Company. The Base Salary shall be ’s Chief Executive Officer and approved by the Executive Compensation Committee), payable monthly or more frequently in accordance with the Company’s normal payroll practicespractice as applied to other senior executives. Such base salary shall be reviewed at least annually.

Base Salary. During the TermEmployment Period, the Company shall will pay to the Executive a base salary at the annual rate of $400,001 annually250,000, which shall amount will be reviewed annually and subject to review and, adjustment at the option good faith discretion of the Board (or the Compensation Committee of the board of directors of the Company Board (the “Compensation Committee”)), subject to increase including without limitation, discretionary cost of living adjustments (such salary, as the same may be increased adjusted from time to time as aforesaidtime, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall will be payable in substantially equal installments in accordance with the Company’s normal payroll practicespractices as in effect from time to time.

Base Salary. During the Employment Term, the Company shall pay (or cause to the be paid) to Executive a base salary (“Base Salary”) at the annual rate of $400,001 annually$ 1,250,000, which pro-rated for any partial year of employment and payable in regular installments in accordance with the usual payment practices of the Company Group. Executive’s Base Salary shall be subject to periodic review andfor increase, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salaryif any, as the same may be increased determined from time to time as aforesaid, being referred to herein as in the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives sole discretion of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesBoard or a committee thereof.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $1,021,200, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee of the Board, but in no event shall the Company reduce Executive’s Base Salary.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary (“Base Salary”) of at least $400,001 annually260,000.00 less applicable and authorized deductions, which shall be subject to review and, at annually for appropriate increases by the option Chief Executive Officer and the Board of the Compensation Committee of the board of directors Directors of the Company (the “Compensation CommitteeBoard”), subject ) pursuant to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the normal performance review process policy for senior level executives of the Companyexecutives. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesschedule.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option annual rate of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “not less than $230,000. Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary salary shall be payable in accordance with the usual payroll practices of the Company’s normal payroll practices. Executive's base salary shall be subject to annual review by the Board or the Company's Compensation Committee ("Compensation Committee) during the Term and may be increased, but not decreased, from time to time by the Board or the Compensation Committee. The base salary as determined as aforesaid from time to time shall constitute "Base Salary" for purposes of this Agreement.

Base Salary. During the Term, the The Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) during the period of the Executive’s employment hereunder, which shall be Four Hundred Thousand Dollars ($400,000.00) per annum. The Base Salary shall be paid in accordance with the Company’s standard payroll practices. The Base Salary shall be reviewed for possible increase on an annual basis for increases in accordance with and shall not be decreased during the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $655,636, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee of the Board, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the Term, the The Company shall pay to the Executive during the Term a ----------- base salary at the rate of $400,001 annually400,000 per annum (the "Annual Salary"), which in accordance with the customary payroll practices of the Company applicable to senior executives. The Annual Salary shall be subject to review and, reviewed at the option of least annually by the Compensation Committee of the board of directors of the Company Board (the “"Compensation Committee”"), subject to increase (such salary, as but shall not be decreased during the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the TermEmployment Period, the Company shall will pay to the Executive a base salary at the annual rate of $400,001 annually300,000, which shall amount will be reviewed annually and subject to review and, adjustment at the option good faith discretion of the Board (or the Compensation Committee of the board of directors of the Company Board (the “Compensation Committee”)), subject to increase including without limitation, discretionary cost of living adjustments (such salary, as the same may be increased adjusted from time to time as aforesaidtime, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall will be payable in substantially equal installments in accordance with the Company’s normal payroll practicespractices as in effect from time to time.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $400,000 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 325,000 (the “Compensation Committee”"Base Salary"), subject to increase (such salary, as payable in regular installments in accordance with the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)Company's customary payment practices. The Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board or the Compensation Committee (or similar committee) of the Company. The Company whereupon the Base Salary shall may be payable in accordance with the Company’s normal payroll practicesincreased (but not decreased) at their sole discretion.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (300,000 per year or such salary, higher rate as the same may be increased determined from time to time as aforesaid, being referred to herein as by the “Board ("Base Salary”"). The Such Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable paid in accordance with the Company’s normal 's standard payroll practicespractice for senior executives.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall ) at the annual rate of $250,000 to be reviewed on an annual basis for increases in accordance with paid evenly over the review process for senior level executives course of the Company. The Base Salary shall be payable year in accordance with the Company’s normal standard payroll practicespolicies. During the Term, the Base Salary may be increased but not decreased.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary ("Base Salary") of US $400,001 annually275,000, which shall be subject payable at the times and in the manner consistent with the Company's policies regarding compensation of executive employees. The Company agrees to review andsuch compensation not less frequently than annually during the Term. Once increased, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, Base Salary may not be decreased. The Base Salary as the same may be increased from time to time as aforesaid, being shall be referred to herein as the “"Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices".

Base Salary. During the TermEmployment Period, subject to the terms and conditions of this Agreement, the Company shall pay to the Executive a an annual base salary at the gross rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 1,107,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases , payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable installments in accordance with the Company’s normal executive payroll practicespolicy (but not less frequently than monthly).

Base Salary. During the Term, the The Company Group shall pay to the Executive a base salary in the amount of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary236,300 per annum, as the same may be increased from time to time adjusted as aforesaid, being referred to permitted herein as (the “Base Salary”)) during the Term, payable in accordance the Company Group’s regular payroll practices as in effect from time to time. The Base Salary shall be periodically reviewed on an annual basis for increases in accordance with by the review process for senior level executives of Board during the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm and subject to change upon reasonable notice.

Base Salary. During the Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annualized rate of $400,001 annually395,000, which shall be subject to review and, at customary withholdings and authorized deductions and be payable in equal installments in accordance with the option of Company’s customary payroll practices in place from time to time. The Executive’s Base salary shall be subject to periodic adjustments as the Board and/or the Compensation Committee of the board of directors of the Company Board (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary ) shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesits/their discretion deem appropriate.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 265,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be reviewed on an subject to annual basis for increases in accordance with review by the review process for senior level executives Board or the Compensation Committee (or similar committee) of the Company. The Company whereupon the Base Salary shall may be payable in accordance with the Company’s normal payroll practicesincreased (but not decreased) at their sole discretion.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annual rate of $400,001 annually350,000, which payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be subject entitled to review andannual reviews and increases in Executive’s Base Salary, at if any, as may be determined in the option of the Compensation Committee sole discretion of the board of directors of the Company KRATON (the “Compensation CommitteeBoard”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annualized rate of $400,001 annually425,000, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall customary withholdings and authorized deductions and be payable in equal installments in accordance with the Company’s normal customary payroll practicespractices in place from time to time. The Executive’s Base salary shall be subject to periodic adjustments as the CEO shall in his discretion deem appropriate.

Base Salary. During the TermPeriod of Employment, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary , which shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable paid in accordance with the Company’s normal regular payroll practicespractices in effect from time to time, but not less frequently than monthly. The Executive’s Base Salary shall be at an annualized rate of four hundred and ten thousand dollars ($410,000). The Board (or a committee thereof) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

Base Salary. During the Term, the The Company shall pay to the Executive a the base salary (the “Base Salary”) at the annualized rate of $400,001 annually240,000, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary customary withholdings and authorized deductions and shall be payable in equal installments in accordance with the Company’s normal customary payroll practicespractices in place from time to time. The Executive’s Base Salary shall be subject to review on at least an annual basis.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”), which shall initially be $200,000. The Board of Directors (the “Board”) shall review the Executive’s Base Salary shall be reviewed on an annual basis for increases in accordance with no less than annually (at the review process for senior level executives end of the Company. The ’s compensation year, which shall be its fiscal year) and may increase (but not decrease) such Base Salary shall be payable in accordance with during the Company’s normal payroll practicesterm of this Agreement.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “"Base Salary”). The Base Salary shall be reviewed on ") at an annual basis for increases in accordance with the review process for senior level executives rate of the Companynot less than $600,000. The Base Salary shall be payable in regular payroll installments in accordance with the Company’s normal 's payroll practicespractices as in effect from time to time (but no less frequently than monthly). The Management Compensation Committee of the Board (the "Compensation Committee") shall review the Base Salary at least annually and may (but shall be under no obligation to) increase (but not decrease) the Base Salary on the basis of such review.

Base Salary. During the TermEmployment Term and as of the Restatement Date, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annual rate of $400,001 annually250,000, which payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be subject entitled to review andannual reviews. Increases in Executive’s Base Salary, at if any, may be determined in the option of the Compensation Committee sole discretion of the board of directors of the Company KRATON (the “Compensation CommitteeBoard”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Term, the The Company shall pay to the Executive a base salary (the "Base Salary") during the period of $400,001 annuallythe Executive's employment hereunder, which shall be subject to review and, at an initial rate of Two Hundred and Seventy-One Thousand Dollars ($271,000.00) per annum. The Base Salary shall be paid in accordance with the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)Company's standard payroll practices. The Base Salary shall be reviewed for possible increase on an annual basis for increases in accordance with and shall not be decreased during the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $1,500,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be reviewed by the Board following the completion of each consecutive 12-month period of the Initial Term and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board (with such increased amount, if any, constituting “Base Salary” for purposes of this Agreement).

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $250,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive shall be entitled to annual reviews and increases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Board.

Base Salary. During the Term, the Company shall will pay to the Executive a base salary in the amount of $400,001 annually500,000 per annum (the “Base Salary”), which shall payable in such installments as the Company pays other similarly situated individuals. The Base Salary will be subject to review and, at the option of annually reviewed for increase (but not decrease) by the Compensation Committee of the board of directors of the Company Board (the “Compensation Committee”), subject to increase (such salary, as ) during the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $600,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee of the Board, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $200,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive shall be entitled to annual reviews and increases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Board.

Base Salary. During In consideration for the Termservices provided ----------- hereunder, the Company Employer shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 110,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “"Base Salary”"). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance conformity with Employer's customary payroll practices. Such Base Salary shall be subject to periodic review and adjustment in the sole discretion of the Company’s normal payroll practices's Board of Directors (the "Board").

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) set at $275,000 per year for calendar year 2007 and subject thereafter to annual basis for increases review and increase (but not decrease) in accordance with the review process for senior level executives sole discretion of the CompanyCommittee. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesprocedures applicable to senior executives of the Company, as in effect from time to time.

Base Salary. During the Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annualized rate of $400,001 annually155,000, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall customary withholdings and authorized deductions and be payable in equal installments in accordance with the Company’s normal customary payroll practicespractices in place from time to time. The Executive’s Base salary shall be subject to periodic review and adjustment as the Company shall in its discretion deem appropriate.

Base Salary. During the Term, the Company shall will pay to the Executive a base salary in the amount of $400,001 annually500,000 per annum (the “Base Salary”), which shall payable in such installments as the Company pays other similarly situated individuals. The Base Salary will be subject to review and, at the option of annually reviewed for increase (but not decrease) by the Compensation Committee of the board Board of directors Directors of the Company (the “Compensation Committee”), subject to increase (such salary, as ) during the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the Employment Term, the Company shall pay (or cause to the be paid) to Executive a base salary (“Base Salary”) at the annual rate of $400,001 annually180,000, which payable in regular installments in accordance with the usual payment practices of the Company Group. Executive’s Base Salary shall be subject to annual review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), and subject to increase (such salaryincrease, but not decrease, as the same may be increased determined from time to time as aforesaid, being referred to herein as in the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives sole discretion of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesBoard.

Base Salary. During the Employment Term, and as of the Restatement Date, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of not less than $575,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive shall be entitled to annual reviews and increases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Board.

Base Salary. During the Term, the Company shall will pay to the Executive a base salary in the amount of $400,001 annually£385,000 per annum (the “Base Salary”), which shall payable in such installments as the Company pays other similarly situated individuals. The Base Salary will be subject to review and, at the option of annually reviewed for increase (but not decrease) by the Compensation Committee of the board Board of directors Directors of the Company (the “Compensation Committee”), subject to increase (such salary, as ) during the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesTerm.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $360,000 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a an annual base salary at the rate of $400,001 annually240,000 per annum, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal 's executive payroll practicespolicy. Such base salary shall be reviewed annually, commencing January 1, 2003, and may be increased (but shall not be decreased except in conjunction with a general reduction of executive salaries), as determined by the Company's Human Resources and Compensation Committee (the "Compensation Committee"). The Executive's base salary, as increased or decreased hereunder, is referred to herein as the "Base Salary."

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a base salary in periodic installments in accordance with the Company’s customary payroll practices. The base salary shall be paid at the annual rate of $400,001 annually, which 375,000 and shall be subject to review and, at reviewed no less frequently than annually by the option Board of Directors or the Compensation Committee of the board Board of directors of the Company Directors (the “Compensation Committee”), subject to increase ) (such base salary, as the same it may be increased by the Board of Directors or the Compensation Committee from time to time as aforesaidtime, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Employment Term, the Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases ) of $260,000, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal usual payroll practices. The Base Salary may, in the Company’s discretion, be upwardly adjusted and may not be decreased after such adjustment.

Base Salary. During the Employment Term, the Company shall will pay to the Executive Executive, a base salary at the rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 300,000 per year (the “Compensation Committee”"Base Salary"), subject to increase (such salaryperiodic review and modification, as solely at the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)Company's discretion. The Base Salary shall will be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable paid periodically in accordance with the Company’s 's normal employee payroll practices.

Base Salary. During the Employment Term, the Company shall will pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on ) at an annual basis for increases in accordance with the review process for senior level executives rate of the Company. The Base Salary shall be payable $400,000, in accordance with the Company’s normal regular payroll practices. The Base Salary is subject to annual review by the Board (or a committee thereof), in its sole discretion, and may be adjusted, from time to time.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall to be subject to review and, at determined by the option of Board or the Compensation Committee of the board of directors of the Company thereof (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practices.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall 375,000 per year or such higher rate as may be subject to review and, at the option of the Compensation Committee of the board of directors of determined annually by the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Such Base Salary Salary, less applicable withholdings, shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable paid in accordance with the Company’s normal standard payroll practicespractice for executives.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $335,000 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During As compensation for the Termperformance by the Executive of his obligations hereunder, during the Employment Period, the Company shall pay to the Executive a base salary at an annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 600,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal regularly established payroll practicespractice. The Board shall conduct an annual review of the Base Salary and may increase (but not decrease) such Base Salary in its sole discretion.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)) at the rate of no less than $850,000 per calendar year, less applicable deductions. The Base Salary shall be reviewed on an annual basis for increases increase by the Board no less frequently than annually and shall be increased in accordance with the review process for senior level executives discretion of the CompanyBoard and any such adjusted Base Salary shall constitute the “Base Salary” for purposes of this Agreement. The Base Salary shall be payable paid in substantially equal installments in accordance with the Company’s normal regular payroll practicesprocedures.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an ) at the annual basis for increases rate of $530,450, payable in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable regular installments in accordance with the Company’s normal payroll usual payment practices. Executive’s Base Salary shall be subject to annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the Board or the Compensation Committee of any direct or indirect parent of the Company, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Base Salary. During the Term, the Company shall pay to the Executive a base salary at the annual rate of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company 305,000 (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Annual Base Salary”). The Base Salary shall ) to be reviewed on an annual basis for increases in accordance with paid evenly over the review process for senior level executives course of the Company. The Base Salary shall be payable year in accordance with the Company’s normal standard payroll practicespolicies. During the Term, the Annual Base Salary will not be increased or decreased.

Base Salary. During the TermEmployment Period, the Company shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, (the "Base Salary") at the option rate of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)$ 600,000 per year. The Base Salary shall be reviewed on an annual basis for increases in accordance with no less frequently than annually and may be increased at the review process for senior level executives discretion of the CompanyBoard. The Base Salary shall be payable semi-monthly or in accordance such other installments as shall be consistent with the Company’s normal 's payroll practicesprocedures.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of $400,001 annually550,000.00 per annum, which shall be subject to review and, at payable consistent with the option of the Compensation Committee of the board of directors of the Company Company’s standard payroll practices then in effect (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Such Base Salary shall be reviewed on an annual basis for increases in accordance by the Compensation Committee of Advance’s Board of Directors (hereinafter the “Compensation Committee”) at least annually, with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesany changes taking into account, among other factors, Company and individual performance.

Base Salary. During the Employment Term, the Company shall pay (or cause to the be paid) to Executive a base salary (“Base Salary”) at the annual rate of $400,001 annually1,100,000, which pro-rated for any partial year of employment and payable in regular installments in accordance with the usual payment practices of the Company Group. Executive’s Base Salary shall be subject to periodic review andfor increase, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salaryif any, as the same may be increased determined from time to time as aforesaid, being referred to herein as in the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives sole discretion of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesBoard or a committee thereof.

Base Salary. During the Employment Term, the Company shall pay (or cause to the be paid) to Executive a base salary (“Base Salary”) at the annual rate of $400,001 annually270,400, which payable in regular installments in accordance with the usual payment practices of the Company Group. Executive’s Base Salary shall be subject to annual review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), and subject to increase (such salaryincrease, but not decrease, as the same may be increased determined from time to time as aforesaid, being referred to herein as in the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives sole discretion of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesBoard.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary , at the annual rate of $445,050, which shall be reviewed on an annual basis for increases paid in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable installments in accordance with the Company’s normal payroll practices. The Executive’s Base Salary shall be reviewed annually by the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Parent Board”) of enGene Holdings Inc. (“Parent”), and may be increased, but not decreased.

Base Salary. During the Term, the Company Employer shall pay to the Executive a an annual base salary of $400,001 annually, which shall be subject to review and, at 250,000.00 payable in accordance with the option of the Compensation Committee of the board of directors of the Company Employer’s customary payroll procedures (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary shall be reviewed on an annual basis for increases in accordance with by the review process for senior level executives of CEO. All compensation payable to the Company. The Base Salary Executive from the Employer or its affiliates shall be payable in accordance with the Company’s subject to all applicable withholding taxes, normal payroll practiceswithholding and any other amounts required by law or the terms of any applicable benefit plan or program to be withheld.

Base Salary. During the Term, the Company shall pay to the Executive a an annual base salary (the `Base Salary') at the initial annual rate of $400,001 annually230,000, which shall be subject to review and, at payable in equal monthly installments or otherwise in accordance with the option of the Compensation Committee of the board of directors payroll and personnel practices of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)time. The Base Salary shall be reviewed on an annual basis annually by the Board or a committee thereof to which the Board may from time to time have delegated such authority (the `Committee') for increases possible increase (but not decrease) in accordance with the review process for senior level executives sole discretion of the Company. The Base Salary shall be payable in accordance with Board or the Company’s normal payroll practicesCommittee, as the case may be.

Base Salary. During the Term, the Company shall pay to the Executive a base salary of $400,001 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”). The Base Salary , at the annual rate of $500,000.00, which shall be reviewed on an annual basis for increases paid in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable installments in accordance with the Company’s normal payroll practices. The Executive’s Base Salary shall be reviewed annually by the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Parent Board”) of enGene Holdings Inc. (“Parent”), and may be increased, but not decreased.

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary (the “Base Salary”) at the annual rate of $400,001 annually750,000, which payable in regular installments in accordance with the Company’s usual payroll practices. The Base Salary shall be subject retroactive to review andthe Effective Date. During the Employment Term, at the option of the Compensation Committee of the board of directors of the Company Board (the “Compensation Committee”)) shall review the Base Salary annually and may increase the Base Salary, subject to increase (such salary, as and the same may be increased from time to time as aforesaid, being referred to herein as the term “Base Salary”). The Base Salary ” shall be reviewed on an annual basis for increases in accordance with the review process for senior level executives of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesrefer to such increased amount.

Base Salary. During the Term, the The Company shall pay to cause the Executive a to be paid an annual base salary (the “Base Salary”) as determined by the Board of $400,001 annually, which shall be subject to review and, at the option Directors of the ANC or its Compensation Committee of the board of directors of the Company (the “Compensation Committee”), which Base Salary, however, shall not be less than $314,150 per year, subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”)all applicable withholdings. The Base Salary shall be reviewed on an annual basis for increases paid in approximately equal installments to the Executive in accordance with the review process for senior level executives established payroll practices of the Company. The Base Salary shall be payable in accordance with the Company’s normal payroll practicesCompany (but no less frequently than monthly).