Common use of Base Salary Clause in Contracts

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (Cibus Global, Ltd.), Executive Employment Agreement (Cibus Global, Ltd.), Executive Employment Agreement (Calyxt, Inc.)

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Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross an annual base salary at the rate of three hundred twenty seven thousand Two Hundred and Eighty-five Thousand Dollars ($327,000285,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (Credence Systems Corp), Executive Employment Agreement (Credence Systems Corp), Executive Employment Agreement (Credence Systems Corp)

Base Salary. In consideration of the Services The Company agrees to pay or cause to be rendered under paid to the Executive during the term of this Agreement, the Company shall pay Executive Agreement a gross base salary at the rate of three hundred twenty seven thousand $700,000. This base salary will be subject to annual review and may be increased from time to time by the Board considering factors such as the executive's responsibilities, compensation of similar executives within the company and in other companies, performance of the executive and other pertinent factors ($327,000) per year, less applicable withholdings (“hereinafter referred to as the "Base Salary"). The Such Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time 's customary practices applicable to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyits executives.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Intimate Brands Inc), Restricted Stock Agreement (Intimate Brands Inc)

Base Salary. In consideration of the Services The Company agrees to pay or cause to be rendered under this Agreement, paid to Executive during the Company shall pay Executive Term of Agreement a gross base salary at the rate of three hundred twenty seven thousand $185,000 per annum or such increased amount as the Board may from time to time determine ($327,000) per year, less applicable withholdings (hereinafter referred to as the “Base Salary”). The Such Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time customary practices applicable to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyits executives.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ribapharm Inc), Executive Employment Agreement (Ribapharm Inc)

Base Salary. In consideration of the Services The Company agrees to pay or cause to be rendered under paid to the ----------- Executive during the term of this Agreement, the Company shall pay Executive Agreement a gross base salary at the rate of three hundred twenty seven thousand $550,000. This base salary will be subject to annual review and may be increased from time to time by the Board considering factors such as the executive's responsibilities, compensation of similar executives within the company and in other companies, performance of the executive and other pertinent factors ($327,000) per year, less applicable withholdings (“hereinafter referred to as the "Base Salary"). The Such Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time 's customary practices applicable to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyits executives.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Abercrombie & Fitch Co /De/), Restricted Stock Agreement (Limited Inc)

Base Salary. In consideration of The Company shall pay the Services to be Executive, and the Executive shall accept, as full compensation for all services rendered under this Agreementhereunder, a basic salary (the "Base Salary") and the other compensation and benefits provided hereunder. The Executive's Base Salary effective the date his employment commences with the Company shall pay Executive a gross salary be at the an annual rate of three hundred twenty seven thousand One Hundred Twenty Thousand Dollars ($327,000) per yearUS$120,000), less applicable withholdings (“Base Salary”). The Base Salary shall be paid payable in accordance approximately equal installments at such intervals as are consistent with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company 's pay periods for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companysalaried executive employees.

Appears in 2 contracts

Samples: Employment Agreement (Precision Auto Care Inc), Employment Agreement (Precision Auto Care Inc)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) 300,000 per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Talend SA), Executive Employment Agreement (Talend SA)

Base Salary. In consideration During the Term of the Services to be rendered under this Agreement, the Company shall pay to the Executive a gross base salary at the rate of three hundred twenty seven thousand (not less than $327,000) 150,000 per year, less applicable withholdings (“Base Salary”)annum. The Base Salary Such base salary shall be paid in accordance with equal installments on the Company’s normal 's regular payroll practicesdates during the term of this Agreement. The Executive’s Base Salary will 's base salary shall be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees annually and may be adjusted in the sole discretion of the Companyincreased (but not decreased).

Appears in 2 contracts

Samples: Employment Agreement (Realco Inc /Nm/), Employment Agreement (Realco Inc /Nm/)

Base Salary. In consideration of for the Services to be services rendered by Executive under this Agreement, the Company shall pay to Executive a gross salary at the an annual rate of three hundred twenty seven thousand equal to Two Hundred Thousand Dollars ($327,000) per year, less applicable withholdings (“Base Salary”200,000). The Base Salary annual salary payable under this Section 4(a) shall be paid in approximately equal installments in accordance with the Company’s normal 's customary payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Bio Aqua Systems Inc), Executive Employment Agreement (Bio Aqua Systems Inc)

Base Salary. In consideration of As compensation for the Services services to be rendered under performed by Executive during the continuance of this Agreement, the Company shall pay Executive a gross base salary at of $400,000 per year for each year of his employment hereunder (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“"Base Salary"). The Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures substantially equal bi-weekly installments and reduced on a pro rata basis for any fraction of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companya year or month during which Executive is not so employed.

Appears in 2 contracts

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

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall continue to pay Executive a gross an annualized base salary at in the rate amount of three hundred twenty seven thousand Two Hundred Forty-five Thousand Dollars. ($327,000) per year245,000), less applicable withholdings under state and federal law (the “Base Salary”). The Base Salary shall be paid ) in accordance with the Company’s normal payroll practices. Executive’s Base Salary performance and any salary adjustments will be reviewed from time subject to time annual review in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees practices and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Boot Barn Holdings, Inc.), Employment Agreement (Boot Barn Holdings, Inc.)

Base Salary. In consideration of the Services to be all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $450,000 during the Employment Period. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of such installments and at such times as the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companypays its regularly salaried employees, but no less often than once per month.

Appears in 2 contracts

Samples: Employment Agreement (Unicycive Therapeutics, Inc.), Employment Agreement (Hoth Therapeutics, Inc.)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Fourteen Thousand Five Hundred And Eighty-Three Dollars And Thirty-Three Cents ($327,00014,583.33) per yearmonth, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Catcher Holdings, Inc), Executive Employment Agreement (Catcher Holdings, Inc)

Base Salary. In consideration During the Term of the Services to be rendered under this Agreement, the Company Executive shall pay Executive receive a base salary at a gross salary at the rate of three hundred twenty seven thousand Two Hundred and Fifty Thousand Dollars ($327,000250,000) per year, less applicable withholdings annum (the “Base Salary”). The Base Salary shall be paid , payable in substantially equal installments in accordance with the Company’s normal payroll practicespractices for payment of its employees, as in effect from time to time. Executive’s Base Salary will shall be reviewed subject to upward adjustment from time to time time, as determined by the Board (or a committee thereof) in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may its sole discretion, but shall not be adjusted in the sole discretion of the Companydownward.

Appears in 2 contracts

Samples: Employment Agreement (Forza X1, Inc.), Employment Agreement (Twin Vee PowerCats, Co.)

Base Salary. In consideration (a) Subject to the terms and conditions of the Services to be rendered under this Agreement, the Company shall pay the Executive a an annual gross base salary at the rate of three hundred twenty seven thousand ONE HUNDRED EIGHTY THOUSAND DOLLARS ($327,000) per year, less applicable withholdings (“Base Salary”180,000.00 USD). The Base Executive’s salary shall be reviewed annually by the Board of Directors of the Company. The Salary shall will be paid in accordance with the Company’s payroll policies and procedures and is subject to all appropriate traditional and normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees statutory and may be adjusted in the sole discretion of the Companybenefit deductions.

Appears in 2 contracts

Samples: Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp), Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp)

Base Salary. In consideration of the Services For all services to be rendered under by the Executive pursuant to this Agreement, the Company shall agrees to pay the Executive during the Employment Term a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at a rate of $300,000 per year. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices. Executive’s Base Salary will shall be reviewed from time to time in accordance with by the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanyBoard on an annual basis.

Appears in 2 contracts

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

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall pay the Executive, and the Executive agrees to accept from the Company, in payment for his services to the Company, a gross base salary at equal to a per annum amount of $450,000 (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid , payable in equal monthly installments in accordance with the Company’s normal payroll practices. Executive’s The Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in at any time by the sole discretion of Compensation Committee. The Base Salary as adjusted shall be deemed to be the CompanyBase Salary for all purposes under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross an annual salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings 150,000 USD (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s The Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees executives and may be adjusted in the sole discretion of the Company. Executive’s unpaid Base Salary and/or Bonus, as provided in subsection (b) below, shall accrue until paid by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Vape Holdings, Inc.), Employment Agreement (Vape Holdings, Inc.)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) 450,000 per year, less applicable withholdings year (“Base Salary”), less applicable withholdings. Executive will begin earning Base Salary as of the Start Date. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Coya Therapeutics, Inc.), Executive Employment Agreement (Coya Therapeutics, Inc.)

Base Salary. In consideration of The Company shall pay the Services to be Executive, and the Executive shall accept, as full compensation for all services rendered under this Agreementhereunder, a basic salary (the "Base Salary") and the other compensation and benefits provided hereunder. The Executive's Base Salary effective the date his employment commences with the Company shall pay Executive a gross salary be at the an annual rate of three hundred twenty seven thousand One Hundred Thirty-Five Thousand Dollars ($327,000) per year135,000), less applicable withholdings (“Base Salary”). The Base Salary shall be paid payable in accordance approximately equal installments at such intervals as are consistent with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company 's pay periods for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companysalaried executive employees.

Appears in 2 contracts

Samples: Employment Agreement (Precision Auto Care Inc), Employment Agreement (Precision Auto Care Inc)

Base Salary. In consideration of the Services For all services to be rendered under by the Executive pursuant to this Agreement, the Company shall agrees to pay the Executive during the Employment Period a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of not less than $627,000. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices. Executive’s The Company agrees to review the Base Salary will be reviewed from time at least annually, and to time in accordance with make such increases therein as the established procedures of the Company for adjusting salaries for similarly situated employees and Board may be adjusted in the sole discretion of the Companyapprove.

Appears in 2 contracts

Samples: Employment Agreement (Plantronics Inc /Ca/), Employment Agreement (Plantronics Inc /Ca/)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Seven-Hundred-Fifty-Thousand Dollars ($327,000750,000.00) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted increased in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cherokee Inc), Executive Employment Agreement (Cherokee Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Three Hundred Fifty Thousand Dollars ($327,000350,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Amesite Inc.), Executive Employment Agreement (Amesite Operating Co)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) 350,000 per year, less applicable withholdings year (“Base Salary”), less applicable withholdings . The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Coya Therapeutics, Inc.), Executive Employment Agreement (Coya Therapeutics, Inc.)

Base Salary. In consideration During the term of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) per yearbase salary, less applicable withholdings (“Base Salary”). The Base Salary shall be paid payable in equal installments in accordance with the Company’s normal payroll practicesstandard schedule for salary payments to its employees, at an initial annual rate equal to $385,000. Executive’s Base Salary will base salary shall be reviewed from time to time in accordance with annually by the established procedures Compensation Committee of the Company for adjusting salaries for similarly situated employees Board (the “Compensation Committee”), commencing in January 2011, and may be adjusted in after each such review after discussions between the sole discretion of the CompanyCompany and Executive.

Appears in 2 contracts

Samples: Employment Agreement (Selecta Biosciences Inc), Employment Agreement (Selecta Biosciences Inc)

Base Salary. In consideration of the Services to be For services rendered by Executive under this Agreement, the Company shall pay to Executive a gross monthly base salary at the rate of three hundred twenty seven thousand ($327,000) 83,333 per yearmonth, less subject to applicable withholdings (“Base Salary”). The Base Salary shall be paid withholding taxes, payable in accordance with the Company’s normal customary payroll practices. Executive’s Base Salary will be reviewed practices as in effect from time to time in accordance with (the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company“Monthly Compensation”).

Appears in 2 contracts

Samples: Employment Agreement (Waitr Holdings Inc.), Employment Agreement (Waitr Holdings Inc.)

Base Salary. In consideration of the Services to be all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $125,000 during the Employment Period. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of such installments and at such times as the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companypays its regularly salaried employees, but no less often than once per month.

Appears in 2 contracts

Samples: Employment Agreement (Sidus Space Inc.), Employment Agreement (Sidus Space Inc.)

Base Salary. In consideration As of the Services to be rendered under Effective Date and during the Term of this Agreement, the Company shall pay the Executive a an annual gross base salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings 700,000 (“Base Salary”). The Base Salary shall be paid ) less all applicable taxes, and withholdings, payable in accordance with the manner dictated by the Company’s normal standard payroll practicespolicies. The Executive shall be considered for annual Base Salary increases determined at the Company’s discretion based upon the Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees performance and may be adjusted in the sole discretion of the Company’s performance.

Appears in 2 contracts

Samples: Employment Agreement (Birks & Mayors Inc.), Employment Agreement (Birks Group Inc.)

Base Salary. In consideration Executive shall receive for continued employment with the Company, during the term of the Services to be rendered under this Agreement, the Company shall pay Executive a gross base salary at the an annual (July 1 – June 30) rate of three six hundred twenty seven fifteen thousand dollars ($327,000) per year615,000), less payable in equal installments on the regular payroll dates of the Company, which payroll dates shall occur at least twice monthly, subject to applicable withholdings tax withholding. Such base salary (the Annual Base Salary”). The Base Salary ) shall be paid in accordance with subject to increase as determined by the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with Board during the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyannual focal review period.

Appears in 2 contracts

Samples: Part Time Employment Agreement (Exar Corp), Executive Employment Agreement (Exar Corp)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) 425,000 per year, less applicable withholdings year (“Base Salary”), less applicable withholdings . The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Coya Therapeutics, Inc.), Executive Employment Agreement (Coya Therapeutics, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross monthly base salary at the rate of three hundred twenty seven thousand ($327,000) per year4,000, less all applicable withholdings wage deductions (“Base Salary”). The Base Salary shall be paid to Executive in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s The Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees wages and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Chuma Holdings, Inc.), Executive Employment Agreement (Chuma Holdings, Inc.)

Base Salary. In consideration During the term of the Services to be rendered under this Agreement, the Company shall pay the Executive a gross salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“"Base Salary”)") of $160,000 per annum, prorated for partial years of employment. The Base Salary shall be paid payable twice monthly in accordance with the Company’s normal general payroll practices. Executive’s Base Salary will be reviewed practices of the Company in effect from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companytime.

Appears in 2 contracts

Samples: Employment Agreement (Market Hub Partners Storage Lp), Employment Agreement (Market Hub Partners Storage Lp)

Base Salary. In Subject to the terms and conditions herein, in consideration of the Services to be services rendered under this Agreementby the Executive hereunder and provided that the Executive has performed in all material respects all of her obligations provided for herein, the Company shall will pay to the Executive a gross base salary (the "Base Salary") at the rate a minimum of three hundred twenty seven thousand Two Hundred Fifty Thousand Dollars ($327,000250,000) per year, less applicable withholdings (“Base Salary”)year during the Term. The Base Salary shall be paid in accordance with the Company’s 's normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companypractice.

Appears in 2 contracts

Samples: Employment Agreement (Aurora Foods Inc /Md/), Employment Agreement (Aurora Foods Inc /De/)

Base Salary. In consideration of the Services As compensation for all services to be rendered by Executive under this Agreement, the Company shall pay to Executive a gross base annual salary at the rate of three hundred twenty seven thousand Four Hundred Fifty Thousand Dollars ($327,000450,000.00) per year, less applicable withholdings (the “Base Salary”). The Base Salary , which shall be paid on a regular basis in accordance with the Company’s normal customary payroll practicesprocedures and policies. Executive’s Executive will be eligible for annual increases to the Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company’s then current compensation policies.

Appears in 2 contracts

Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Kratos Defense & Security Solutions, Inc.)

Base Salary. In consideration During the Period of the Services to be rendered under this AgreementEmployment, the Company shall agrees to pay Executive a gross base salary at the rate of three hundred twenty seven thousand Two Hundred Forty-five Thousand dollars ($327,000$ 245,000.00) per yearannum, less applicable standard deductions and authorized withholdings (the Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal standard payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Malibu Boats, Inc.), Employment Agreement (Malibu Boats, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand equivalent to One Hundred Seventy Thousand Dollars ($327,000170,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive's Base Salary shall be reduced by withholdings required by law. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (BioLineRx Ltd.), Employment Agreement (BioLineRx Ltd.)

Base Salary. In consideration of the Services The Company agrees to pay or cause to be rendered under paid to the ----------- Executive during the term of this Agreement, the Company shall pay Executive Agreement a gross base salary at the rate of three hundred twenty seven thousand $700,000. This base salary will be subject to annual review and may be increased from time to time by the Board considering factors such as the executive's responsibilities, compensation of similar executives within the company and in other companies, performance of the executive and other pertinent factors ($327,000) per year, less applicable withholdings (“hereinafter referred to as the "Base Salary"). The Such Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time 's customary practices applicable to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyits executives.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Abercrombie & Fitch Co /De/), Restricted Stock Agreement (Limited Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Three Hundred and Eighty Five Thousand Dollars ($327,000385,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary for the second year of the Term will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company, as directed by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Ceo Employment Agreement (BBCN Bancorp Inc), Ceo Employment Agreement (BBCN Bancorp Inc)

Base Salary. In consideration During the Period of the Services to be rendered under this AgreementEmployment, the Company shall agrees to pay Executive a gross base salary at the rate of three hundred twenty seven thousand Two Hundred Thousand dollars ($327,000$ 200,000.00) per yearannum, less applicable standard deductions and authorized withholdings (the Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal standard payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Malibu Boats, Inc.), Employment Agreement (Malibu Boats, Inc.)

Base Salary. (a) In consideration of the Services to be all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $250,000. The Changes to Executive’s Base Salary shall be paid Salary, if any, may occur from time to time in accordance with the Company’s normal payroll practicessole discretion. Such changes to Executive’s Base Salary will be reviewed from time depend upon a number of factors, including but not limited to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of Executive’s performance, the Company’s financial performance, and the general economic environment.

Appears in 2 contracts

Samples: Employment Agreement (Osmotica Pharmaceuticals PLC), Employment Agreement (Osmotica Pharmaceuticals LTD)

Base Salary. In consideration of During the Services to Term, Executive shall be rendered under this Agreement, the Company shall pay Executive paid a gross base salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”) of $66,666.67 per month (or $800,000 on an annualized basis). The Base Salary shall be paid , subject to applicable withholding, in accordance with the Company’s normal payroll practicesprocedures. Executive’s Base Salary will shall be reviewed from time to time in accordance with on an annual basis by the established procedures of the Company Board for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of possible increase (but not decrease) based on the Company’s operating results and financial condition, salaries paid to other Company executives, and general marketplace and other applicable considerations. Such increased Base Salary, if any, shall then constitute Executive’s “Base Salary” for purposes of this Agreement.

Appears in 2 contracts

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

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary (the "Base Salary") at the an annual rate of three hundred twenty seven thousand ($327,000) per year200,000, less applicable withholdings (“with such adjustments to the Base Salary”)Salary as shall be determined by the Board in its sole discretion. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal 's regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Bullfrog Gold Corp.), Executive Employment Agreement (Bullfrog Gold Corp.)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three four hundred twenty seven thousand ($327,000400,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cibus Global, Ltd.), Executive Employment Agreement (Calyxt, Inc.)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary "Base Salary" in consideration for Executive's services to Company at the rate of three hundred twenty seven thousand ($327,000) 200,000 per year, less applicable withholdings (“Base Salary”)annum. The Base Salary shall be paid payable as nearly as possible in accordance with the equal semi-monthly installments or in such other installments as are customary from time to time for Company’s normal payroll practices's or Parent's executives. Executive’s The Base Salary will may be reviewed adjusted from time to time in accordance with the procedures established procedures of by Company or Parent for salary adjustments for executives, provided that the Company for adjusting salaries for similarly situated employees and may Base Salary shall not be adjusted in the sole discretion of the Companyreduced.

Appears in 2 contracts

Samples: Employment Agreement (Insight Enterprises Inc), Employment Agreement (Direct Alliance Corp)

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall pay Executive a gross as compensation for his services an annualized base salary at the rate of three hundred twenty seven thousand Two Hundred Thousand dollars ($327,000200,000.00) per year, less applicable withholdings (the “Base Salary”), less applicable deductions and withholdings, payable in periodic installments in accordance with the Company’s regular payroll practices in effect from time to time. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will reviewed and shall be reviewed subject to increase from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in at the sole discretion of the CompanyBoard.

Appears in 2 contracts

Samples: Employment and Severance Agreement (TigerLogic CORP), Employment and Severance Agreement (TigerLogic CORP)

Base Salary. In consideration For all services rendered hereunder during the term of the Services to be rendered under this Agreement, the Company Executive shall pay Executive a gross be paid an annual base salary at the rate ("Base Salary") of three hundred twenty seven thousand Seventy-Five Thousand Dollars ($327,00075,000.00) per year, less applicable withholdings (“Base Salary”). The Company and the Executive agree that such base salary is reasonable and is based upon the fair market rate in the marketplace for similar services by similarly qualified executives. The Base Salary shall be paid in bi-weekly installments in accordance with the Company’s normal 's usual payroll practices. Executive’s Base Salary will The Executive shall also be reviewed from time eligible to time in accordance with receive an annual bonus based upon specific Company financial performance criterion to be mutually developed by the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyparties.

Appears in 2 contracts

Samples: Employment Agreement (Medley Credit Acceptance Corp), Employment Agreement (Medley Credit Acceptance Corp)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive a gross during the Employment Period an initial base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $135,000. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices, subject to withholdings and deductions required and/or permitted by law. Executive’s The Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted subject to further adjustment in the sole discretion of the CompanyCompany at any time.

Appears in 2 contracts

Samples: Executive Employment Agreement (Be Active Holdings, Inc.), Executive Employment Agreement (Be Active Holdings, Inc.)

Base Salary. In consideration of the Services As compensation for services to be rendered by Executive under this Agreement, the Company shall pay to Executive a gross an annualized salary at the rate of three five hundred twenty seven fifty thousand Dollars ($327,000) per year550,000), less applicable tax and other authorized applicable withholdings (the “Base Salary”). The Base Salary , which shall be paid in accordance with the Company’s normal payroll practicesprocedures and policies. Executive’s Base Salary salary will be reviewed from time to time in accordance with reviewed, and if appropriate, adjusted, on an annual basis at or after the established procedures end of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyeach calendar year.

Appears in 2 contracts

Samples: Employment Agreement (B. Riley Financial, Inc.), Employment Agreement (B. Riley Financial, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand One Hundred Eighty Thousand Dollars ($327,000180,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Vitality Biopharma, Inc.), Executive Employment Agreement (Vitality Biopharma, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Three Hundred Thousand Dollars ($327,000300,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanyBoard or the compensation committee thereof.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ultragenyx Pharmaceutical Inc.), Executive Employment Agreement (Ultragenyx Pharmaceutical Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Two Hundred Forty Thousand Dollars ($327,000240,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ardelyx, Inc.), Executive Employment Agreement (Derycz Scientific Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Two Hundred Sixty Thousand Dollars ($327,000260,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc), Executive Employment Agreement (ONCOSEC MEDICAL Inc)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary (the "Base Salary") at the an annual rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)250,000. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal 's regular payroll practices. Executive’s Base Salary At the beginning of each year, the annual salary will be reviewed from time adjusted to time in accordance with match the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted change in the sole discretion U.S. Government Cost of Living Index from the Companyprevious year.

Appears in 1 contract

Samples: Executive Employment Agreement (California Gold Corp.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Two Hundred Thirty-One Thousand Dollars ($327,000231,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc)

Base Salary. In consideration The Company agrees to pay the Executive for services rendered an annual base salary of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Two Hundred Ninety Thousand Dollars ($327,000) per year290,000), less applicable withholdings subject to payroll withholding and deductions, and payable in accordance with Company’s customary payroll practice (the “Base Salary”). The Base Salary shall be paid reviewed periodically by the Chief Executive Officer; provided, however, that any such review will not necessarily result in accordance with an adjustment to the Company’s normal payroll practicesBase Salary. Executive’s Any change in the Base Salary will must be reviewed from time to time in accordance with approved by the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanyChief Executive Officer.

Appears in 1 contract

Samples: Executive Employment Agreement (Kodiak Sciences Inc.)

Base Salary. In consideration of the Services to be For all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at the rate of three hundred twenty seven thousand Two Hundred Thousand Dollars US ($327,000200,000.00 US) per year, less applicable withholdings annum (the “Base Salary”). The amount of the Base Salary shall be paid in accordance with determined by the Company’s normal payroll practices. Executive’s Base Salary will Board of Directors and may be reviewed increased, but not decreased, from time to time in accordance with by the established procedures Board of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion Directors of the Company. No such change shall in any way abrogate, alter, terminate or otherwise affect the other terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (She Beverage Company, Inc.)

Base Salary. In consideration Commencing on the effective date of the Services to be rendered under this Agreement, the Company Executive shall pay Executive a gross receive an annual base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) of US$200,000. The Base Salary shall be paid payable in accordance installments consistent with the Company’s 's normal payroll practicesschedule, subject to applicable withholding and other taxes, and shall not be decreased for any reason. This salary shall accrue until the Company has raised $2,500,000. The Executive’s Base Salary salary shall be reviewed each year and the Executive will be reviewed from time to time in accordance with compensated based on the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion performance of the Company.

Appears in 1 contract

Samples: Employment Agreement (Biopower Operations Corp)

Base Salary. In consideration For the services of the Services Executive to be rendered by him under this Agreement, the Company shall will pay the Executive a gross an annual base salary at of $150,000, (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“"Base Salary"). The Base Salary shall be paid prorated over the time period that the Executive performs services under this Agreement in accordance with any calendar year during which this Agreement shall become effective after January 1st thereof or shall terminate before December 31st thereof. The Company shall pay the Company’s normal payroll practices. Executive’s Executive his Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyequal installments no less than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (RMS Titanic Inc)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary (the "Base Salary") at the an annual rate of three hundred twenty seven thousand ($327,000) per year90,000, less applicable withholdings (“with such adjustments to the Base Salary”)Salary as shall be determined by the Board in its sole discretion. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal 's regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (American Strategic Minerals Corp)

Base Salary. In consideration of For all services rendered by the Services Executive to be rendered under this Agreementthe Company, the Company shall pay the Executive a gross salary at the rate an initial Base Salary of three hundred twenty seven thousand ($327,000) 100,000 per year. Commencing on the fifth anniversary of this Agreement, less applicable withholdings (“Base Salary”). The through the end of the Contract Term, the Executive's Base Salary shall be paid reduced to $75,000 per year. Salary payments shall be subject to withholding and other applicable taxes and shall be payable in accordance with the Company’s 's normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Rawlings Sporting Goods Co Inc)

Base Salary. In consideration The Company agrees to pay to Executive a base salary (“Base Salary”) at the annual rate of $360,000 payable in equal installments consistent with the Services to be rendered under Company’s payroll practices. Within 10 days after the date that this AgreementAgreement is fully executed, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

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Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand Three Hundred Thousand Dollars ($327,000300,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc)

Base Salary. In The Company shall, commencing October 1, 1999 and during the continuance of the Executive's employment hereunder, pay to the Executive, and the Executive agrees to accept, in consideration of her services, a salary (the Services to be rendered under this Agreement, the Company shall pay Executive "Base Salary") at a gross salary at the rate of three hundred twenty seven thousand TWELVE THOUSAND FIVE HUNDRED AND NO/100THS DOLLARS ($327,00012,500.00) per year, less applicable withholdings (“Base Salary”)month. The All Base Salary shall be paid payable in accordance with the Company’s 's normal payroll practices. , so long as the Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company's employment continues as provided by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Global Sources LTD)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary at the an annual rate of three hundred twenty seven thousand $250,000 ($327,000) per year, less applicable withholdings (the “Base Salary”). In addition, the Base Salary as then in effect shall be subject to such further upward adjustments as shall be determined by the Board in its sole discretion. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal 's regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (RiskOn International, Inc.)

Base Salary. In consideration of While the Services to be rendered Executive is employed by the Company under this Agreement, the Company shall pay to the Executive a gross base salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) of $189,000 per annum. The Company shall pay to the Executive the Executive’s Base Salary shall be paid in accordance with the Company’s normal standard payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees practices and may be adjusted in the sole discretion of the Companyprocedures.

Appears in 1 contract

Samples: Employment Agreement (Act Teleconferencing Inc)

Base Salary. In consideration of the Services to be rendered under this Agreement, the Company Executive shall pay Executive receive a gross salary Base Salary at the an annual rate of three two hundred twenty seven twelve thousand dollars ($327,000) per year212,000), less applicable withholdings (“Base Salary”). The Base Salary shall be paid payable semi-monthly in equal installments in accordance with the Company’s 's normal payroll practices. Executive’s The Company's Board of Directors shall provide Executive with annual performance reviews, and, thereafter, Executive shall be entitled to such increase in Base Salary will be reviewed as the Board of Directors may from time to time establish in accordance with its sole discretion. During the established procedures period October 1, 1998 to December 31, 1998, Executive shall receive a Salary of $5,000 for services performed for or on behalf of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of on the Company's premises.

Appears in 1 contract

Samples: Employment Agreement (Neurocrine Biosciences Inc)

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall pay to the Executive a gross for the performance of his duties under this Agreement an initial base salary at of $1,075,000 per year (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid , payable in accordance with the Company’s normal payroll practices. Thereafter, the rate of the Executive’s Base Salary will be reviewed from time to time and adjusted as appropriate in accordance with the established procedures Company’s regular compensation review practices. Effective as of the Company date of any such increase, the Base Salary so increased shall be considered the new Base Salary for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion all purposes of the Companythis Agreement.

Appears in 1 contract

Samples: Senior Executive Employment Agreement (Crown Holdings Inc)

Base Salary. In consideration of the Services to be The Company will pay Executive a salary for services rendered under this Agreement, the Company shall pay Executive Agreement at a gross salary at the rate of three two hundred twenty seven twenty-five thousand dollars ($327,000225,000) per year, less applicable withholdings annum (“Base Salary”). The Base Salary shall be paid , payable in installments in accordance with the Company’s normal standard payroll practices. , subject to such payroll and withholding deductions as are required by law or such greater amounts as authorized by Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Integrated Security Systems Inc)

Base Salary. In consideration of the Services For all services to be rendered under by the Executive pursuant to this Agreement, the Company shall agrees to pay the Executive during the Employment Term a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of not less than $350,000. The Base Salary shall be paid in accordance with the Company’s normal regular payroll practices. Executive’s The Company may review the Base Salary will be reviewed from time to time in accordance with and make such increases therein as the established procedures of the Company for adjusting salaries for similarly situated employees and Board may be adjusted in the sole discretion of the Companyapprove.

Appears in 1 contract

Samples: Lashinsky Employment Agreement (Ziprealty Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross an annual base salary at the rate of three hundred twenty seven thousand Three Hundred Thousand Dollars ($327,000300,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Credence Systems Corp)

Base Salary. In consideration of the Services to be For all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at the rate of three hundred twenty seven thousand Two Hundred Thousand United States Dollars ($327,000US$200,000) per year, less applicable withholdings year (the "Base Salary"). The Base Salary shall be paid payable in accordance with equal, consecutive monthly installments. It is expressly understood and agreed that the Company’s normal payroll practices. Executive’s Base Salary will may be reviewed from time to time in accordance with increased upon the established procedures approval of a majority of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion members of the CompanyBoard of Directors.

Appears in 1 contract

Samples: Bonso Electronics International Inc

Base Salary. In consideration of the Services The Company agrees to pay or cause to be rendered under paid to the Executive during the term of this Agreement, the Company shall pay Executive a gross Agreement an annual base salary at the rate of three hundred twenty seven thousand ($327,000) per year450,000, less applicable withholdings withholding. This base salary will be subject to annual review and may be increased from time to time by the Board considering factors such as the Executive’s responsibilities, compensation of similar executives within the Company and in other companies, performance of the Executive, and other pertinent factors (hereinafter referred to as the “Base Salary”). The Such Base Salary shall be paid payable in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time customary practices applicable to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyits executives.

Appears in 1 contract

Samples: Employment Agreement (Limited Brands Inc)

Base Salary. In consideration At the commencement of the Services to be rendered under this Agreement, the Company shall Corporation will pay Executive a gross base salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) of $115,000 which will be paid in accordance with the payroll practices of the Corporation. The Base Salary shall be reviewed at least once each year and shall be increased at any time and from time to time by action of the President/Chief Executive Officer. The Base Salary shall be paid in accordance with the CompanyCorporation’s normal payroll regular practices. As of July 1, 2006, Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companybase salary is $198,894.25.

Appears in 1 contract

Samples: Employment Agreement (Cam Commerce Solutions Inc)

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall pay the Executive a gross an annual base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) of two hundred thousand dollars ($200,000) during the Fixed Term, payable in accordance with the standard payroll practices of the Company. The Executive’s Base Salary shall be paid in accordance with reviewed on or about the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures commence-ment of the Company for adjusting salaries for similarly situated employees At-Will Term and may annually thereafter, at which times it shall be adjusted in subject to increase or decrease at the sole discretion of the CompanyBoard. Employee shall be guaranteed a salary equal to four (4) months.

Appears in 1 contract

Samples: Employment Agreement (DigitalTown, Inc.)

Base Salary. In consideration of the Services to be all services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $550,000 during the Employment Period. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of such installments and at such times as the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companypays its regularly salaried employees, but no less often than once per month.

Appears in 1 contract

Samples: Employment Agreement (Unicycive Therapeutics, Inc.)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of $195,000 during the Employment Period. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Audioeye Inc)

Base Salary. In consideration of the Services to be rendered for Executive’s services under this Agreement, the Company shall hereby agrees to pay Executive a gross an annual salary at the rate of three hundred twenty seven thousand One Hundred Thousand Dollars ($327,000100,000.00) per year, less applicable withholdings year (the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyno less often than monthly.

Appears in 1 contract

Samples: Employment Agreement (Kuhlman Company, Inc)

Base Salary. In consideration of the Services For all services to be rendered under by the Executive pursuant to this Agreement, the Company shall agrees to pay the Executive during the Employment Term a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of not less than $300,000. The Base Salary shall be paid in accordance with the Company’s normal regular payroll practices. Executive’s The Company may review the Base Salary will be reviewed from time to time in accordance with and make such increases therein as the established procedures of the Company for adjusting salaries for similarly situated employees and Board may be adjusted in the sole discretion of the Companyapprove.

Appears in 1 contract

Samples: Lashinsky Employment Agreement (Ziprealty Inc)

Base Salary. In consideration During the term of the Services to be rendered under this Agreement, the Company shall pay provide Executive with a gross base salary at the rate of three no less than five hundred twenty seven thirty-five thousand dollars ($327,000535,000.00) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s policies (“Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanySalary”).

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

Base Salary. In consideration of the Services to be services rendered by Executive under this Agreement, the Company shall pay Executive a gross base salary (the “Base Salary”) at the rate of three hundred twenty seven thousand ($327,000) 320,000 per year, less applicable withholdings (“Base Salary”)calendar year during the Employment Term. The Base Salary shall be paid payable in accordance with the Company’s normal payroll practicespolicies, subject to applicable withholding and other taxes. Executive’s Base Salary will The Supervising Officer (which if not the Chief Executive Officer, shall be reviewed from time to time in accordance with the established procedures agreement of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion Chief Executive Officer of the Company) may increase the Base Salary.

Appears in 1 contract

Samples: Employment Agreement (FTS International, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive on an hourly basis at a gross salary at the rate of three hundred twenty seven thousand ($327,000) 125.00 per yearhour, less all applicable withholdings wage deductions (“Base SalaryRate”). The Base Salary Rate shall be paid to Executive for the hours worked in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s The Base Salary Rate, or hourly compensation arrangement, will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees wages and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Cannamed Corporation.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand One Hundred Two Thousand Dollars ($327,000102,000) per year, less applicable withholdings year (the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Derycz Scientific Inc)

Base Salary. In consideration of During the Services to be rendered under this Agreementterm hereof, the Company shall pay the Executive a gross salary base salary, which as of the date of execution of this Agreement is set at the rate of three hundred twenty seven thousand Two Hundred Seventy Thousand Dollars ($327,000270,000.00) per yearannum, less applicable withholdings (payable in accordance with the regular payroll practices of the Company. Such base salary, as from time to time adjusted, is hereafter referred to as the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: And Non Competition Agreement (SAVVIS, Inc.)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Term a gross base annual salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“500,000. The term "Base Salary”)" as used in this Agreement shall mean the base annual salary established by this Section 5. The Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time periodic installments in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted Company's regular payroll practices, but in the sole discretion of the Companyany event no less frequently than monthly.

Appears in 1 contract

Samples: Employment Agreement (Sitel Corp)

Base Salary. In consideration During the term of the Services to be rendered under this Agreement, the Company shall Employer agrees to pay Executive a gross salary at the rate Base Salary ("Base Salary") of three hundred twenty seven thousand ($327,000) 260,000.00 per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid payable as current salary, in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time pay is bi-monthly installments subject to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees all applicable withholdings and may be adjusted in the sole discretion of the Companydeductions.

Appears in 1 contract

Samples: Employment Agreement (Cypress Bioscience Inc)

Base Salary. In consideration of For the Services to be rendered services performed by Executive under this Agreement, the Company shall pay Executive a gross base salary at the rate of three hundred twenty seven thousand Four Hundred Eighty-Eight Thousand Dollars ($327,000488,000) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the same increments as the Company’s normal payroll practicespayroll, but no less frequently than monthly, and prorated for any partial year of service during the Employment Term. Executive’s Base Salary will shall be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companyat least annually.

Appears in 1 contract

Samples: Employment Agreement (Hill-Rom Holdings, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand One Hundred Forty Two Thousand and Five Hundred Sixty Dollars ($327,000142,560) per year, less applicable withholdings year (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal regularly established payroll practicespractice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Research Solutions, Inc.)

Base Salary. In consideration During the Term of the Services to be rendered under this Agreement, the Company shall pay to the Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings 353,550 (“Base Salary”). The Base Salary shall , with said amount to be paid in equal installments during the Term of this Agreement in accordance with the Company’s normal and usual payroll schedule and practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement and General Release (Corrections Corp of America)

Base Salary. In consideration of the Services For all services to be rendered under by the Executive pursuant to this Agreement, the Company shall agrees to pay the Executive during the Employment Term a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at an annual rate of not less than $315,000. The Base Salary shall be paid in accordance with the Company’s normal regular payroll practices. Executive’s The Company may review the Base Salary will be reviewed from time to time in accordance with and make such increases therein as the established procedures of the Company for adjusting salaries for similarly situated employees and Board may be adjusted in the sole discretion of the Companyapprove.

Appears in 1 contract

Samples: Change of Control Agreement (Ziprealty Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the monthly rate of three hundred twenty seven thousand TWENTY THOUSAND DOLLARS ($327,000) per year20,000), less applicable standard payroll deductions and tax withholdings (“Base Salary”). The Base Salary shall be paid in accordance with the Company’s normal payroll practicesprocedures and practice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees annually and may be adjusted upwards (but not down) in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Betawave Corp.)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary (the "Base Salary") at the an annual rate of three hundred twenty seven thousand ($327,000) per year400,000.00, less applicable withholdings (“with such adjustments to the Base Salary”)Salary as shall be determined by the Board. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal 's regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Interclick, Inc.)

Base Salary. In consideration of the Services services to be rendered under this Agreement, while employed by the Company, Company shall pay Executive a gross an initial base annual salary at the rate of three two hundred twenty seven sixty-five thousand dollars ($327,000) per year265,000), less applicable withholdings (“Base Salary”). The Base Salary shall be paid standard deductions and withholdings, payable in regular periodic payments in accordance with Company payroll policy. Such salary shall be prorated for any partial month of employment on the Company’s normal payroll practicesbasis of a 30-day fiscal month. Executive’s Base Salary will Such base salary shall be reviewed from time subject to time annual review by the Board of Directors in accordance consultation with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanyChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Saba Software Inc)

Base Salary. In consideration During the Term of the Services to be rendered under this Agreement, the Company shall pay to the Executive a gross salary at the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings 321,368 (“Base Salary”). The Base Salary shall , with said amount to be paid in equal installments during the Term of this Agreement in accordance with the Company’s normal and usual payroll practices. Executive’s Base Salary will be reviewed from time schedule and practices (subject to time in accordance with the established procedures Section 5.8 of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Companythis Agreement).

Appears in 1 contract

Samples: Employment Agreement (Corrections Corp of America)

Base Salary. In consideration of the Services to be rendered For Executive's services under this Agreement, the Company shall pay Executive a gross base salary at the an annual rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid 400,000 payable in accordance with the Company’s normal 's customary payroll practices. Executive’s Base Salary will be reviewed practices from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.in

Appears in 1 contract

Samples: Kasper a S L LTD

Base Salary. In consideration of the Services to be rendered under this Agreement, the The Company shall pay to the Executive a gross for the performance of his duties under this Agreement an initial base salary at of $700,000 (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”). The Base Salary shall be paid , payable in accordance with the Company’s normal payroll practices. Thereafter, the rate of the Executive’s Base Salary will be reviewed from time to time and adjusted as appropriate in accordance with the established procedures Company’s regular compensation review practices. Effective as of the Company date of any such increase, the Base Salary so increased shall be considered the new Base Salary for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion all purposes of the Companythis Agreement.

Appears in 1 contract

Samples: Senior Executive Employment Agreement (Crown Holdings Inc)

Base Salary. In consideration of the Services services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the monthly rate of three seventeen thousand five hundred twenty seven thousand dollars ($327,000) per year17,500), less applicable standard payroll deductions and tax withholdings (“Base Salary”), beginning on the Effective Date. The Base Salary shall be paid in accordance with the Company’s normal payroll practicesprocedures and practice. Executive’s Base Salary will be reviewed from time to time annually in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees Company’s compensation review process and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Betawave Corp.)

Base Salary. In consideration for his work under the terms of the Services to be rendered under this Agreement, the Company Executive shall pay Executive earn a base salary in the gross salary at the rate amount of three hundred twenty seven thousand $240,000 ($327,000Two Hundred Forty Thousand Dollars) per year, less applicable withholdings year (“Base Salary”). The Executive’s Base Salary shall be paid in accordance with the Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time equal semi-monthly installments, in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion regular payroll practices of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Kaival Brands Innovations Group, Inc.)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) during the Term at an annual rate of $400,000 per year unless the parties mutually agree to modify the Base Salary prior to the commencement of the next applicable Additional Term. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Audioeye Inc)

Base Salary. In consideration of the Services For all services to be rendered under by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a gross base salary at (the rate of three hundred twenty seven thousand ($327,000) per year, less applicable withholdings (“Base Salary”)) at a minimum annual rate of $250,000 during the Employment Period. The Base Salary shall be paid in periodic installments in accordance with the Company’s normal regular payroll practices. Executive’s The parties shall meet at least annually to discuss increases to the Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the CompanySalary.

Appears in 1 contract

Samples: Executive Employment Agreement (Audioeye Inc)

Base Salary. In consideration (a) Subject to the terms and conditions of the Services to be rendered under this Agreement, the Company shall pay the Executive a an annual gross base salary at the rate of three hundred twenty seven thousand TWO HUNDRED FORTY THOUSAND DOLLARS ($327,000) per year, less applicable withholdings (“Base Salary”240,000.00 US). The Base Executive's salary shall be reviewed annually by the Board of Directors of the Company. The Salary shall will be paid in accordance with the Company’s 's payroll policies and procedures and is subject to all appropriate traditional and normal payroll practices. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees statutory and may be adjusted in the sole discretion of the Companybenefit deductions.

Appears in 1 contract

Samples: Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp)

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