Common use of Base Salary Clause in Contracts

Base Salary. The Company will pay to the Executive an annual base salary of $350,000, payable in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 3 contracts

Sources: Executive Employment Agreement (Ameritrade Holding Corp), Executive Employment Agreement (Ameritrade Holding Corp), Executive Employment Agreement (Ameritrade Holding Corp)

Base Salary. The Company will pay to the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $350,000, 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company's ’s payroll policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)

Base Salary. The Company will shall pay to the Executive an annual annualized base salary of $350,000, payable 340,000.00 in periodic installments in accordance with the Company's policies’s customary payroll practices, but no less frequently than semi-monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

Base Salary. The (a) During the Term of employment, the Company will shall pay to the Executive an annual base salary of $350,000150,000, payable in accordance with substantially equal installments that shall be weekly, bi-weekly, semi-monthly or monthly, depending on the Company's policies. policy that the Company adopts for payment of base salary to its senior officers. (b) The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) subject to review at least once in at the end of each calendar year through year, provided that upon each review the Term annual increase shall be no less than 10% of this Agreementthe Base for the immediately preceding year.

Appears in 3 contracts

Sources: Employment Agreement (Foreigntv Com Inc), Employment Agreement (Foreigntv Com Inc), Employment Agreement (Foreigntv Com Inc)

Base Salary. The Company will pay to the Executive an annual base salary of $350,000300,000, payable in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 3 contracts

Sources: Executive Employment Agreement (Ameritrade Holding Corp), Executive Employment Agreement (Ameritrade Holding Corp), Executive Employment Agreement (Ameritrade Holding Corp)

Base Salary. The Company will shall pay to the Executive an annual base salary of $350,000323,950 in near equal, payable periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s annual base salary salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” It is not expected that Executive’s Base Salary will be reviewed by increase until the Company for possible increase (but not decrease) at least once in each calendar year through expiration of the Term of this AgreementInitial Term.

Appears in 3 contracts

Sources: Executive Employment Agreement (Crexendo, Inc.), Executive Employment Agreement (Crexendo, Inc.), Executive Employment Agreement (Crexendo, Inc.)

Base Salary. The Subject to periodic review by the Board, the Company will pay to the Executive an annual base salary of $350,000400,000 as compensation for his services (such annual salary, payable as is then effective, to be referred to herein as “Base Salary”). The Base Salary will be paid periodically in accordance with the Company's policies. The Executive's annual base salary will ’s normal payroll practices and be reviewed by subject to the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementusual, required withholdings.

Appears in 3 contracts

Sources: Employment Agreement (Td Ameritrade Holding Corp), Employment Agreement (Td Ameritrade Holding Corp), Employment Agreement (Td Ameritrade Holding Corp)

Base Salary. The For all the services rendered by Executive hereunder, the Company will shall pay to the Executive an annual base salary ("Base Salary"), commencing on the Effective Date, at the annual rate of $350,000, payable in accordance with the Company's policiescustomary payroll practices. The Executive's annual base salary will Base Salary shall be reviewed annually for appropriate increases by the Company compensation committee of the Board pursuant to the its normal performance review policies for possible increase (senior level executives, but shall not decrease) be decreased at least once in each calendar year through the Term of this Agreementany time.

Appears in 3 contracts

Sources: Employment Agreement (Atlas America Inc), Employment Agreement (Atlas America Inc), Employment Agreement (Atlas America Inc)

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company will pay to the Executive an annual base salary of $350,000, payable each month in accordance with the Company's policies’s payroll practices as in effect from time to time. The Executive's annual base salary will Base Salary shall be reviewed by on an annual basis following the Company for possible increase 2015 calendar year and may be increased (but not decreasedecreased) at least once in each by the Board, with any such increase taking effect as of the first day of the applicable calendar year through the Term of this Agreementyear.

Appears in 3 contracts

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

Base Salary. The During the Employment Period, the Company will shall pay to the Executive an annual a base salary at an annualized rate of $350,000412,000, payable in accordance with installments on the Company's policies’s regular payroll dates. The Board shall review Executive's annual ’s base salary will be reviewed by annually during the Company for possible Employment Period and may increase (but not decrease) at least once such base salary from time to time, based on its periodic review of Executive’s performance in each calendar year through accordance with the Term of Company’s regular policies and procedures. The annual base salary payable to Executive from time to time under this AgreementSection 4 shall hereinafter be referred to as the “Base Salary.

Appears in 3 contracts

Sources: Employment Agreement (Burger King Holdings Inc), Employment Agreement (Burger King Holdings Inc), Employment Agreement (Burger King Holdings Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 1,500,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 3 contracts

Sources: Executive Employment Agreement (Venture Global, Inc.), Executive Employment Agreement (Venture Global, Inc.), Executive Employment Agreement (Venture Global, Inc.)

Base Salary. The Company will pay to the Executive an annual annualized base salary of not less than $350,0001,200,000, payable in accordance with the Company's policiescustomary payroll practices of the Company (“Base Salary”). The Executive's annual base salary will Base Salary shall be reviewed by no less frequently than annually for purposes of increase, such increase, if any, to be determined in the Company for possible increase sole discretion of the Board or the compensation committee of the Board (but not decrease) at least once in each calendar year through the Term of this Agreement“Compensation Committee”).

Appears in 2 contracts

Sources: Employment Agreement (Gmac LLC), Employment Agreement (Gmac LLC)

Base Salary. The Company will pay to During the Term, the Executive will receive an annual base salary of $350,000400,000. The Board will review the Executive’s base salary annually and, in its discretion, may recommend increases, but not decreases, to the amount of such base salary based upon procedures of the Employer that determine adjustments for other executives of the Employer. The initial annual base salary, together with any increases, shall be the Executive’s annual base salary (“Base Salary”). The Base Salary will be payable in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this AgreementEmployer’s regular payroll payment practices.

Appears in 2 contracts

Sources: Employment Agreement (Diamond Hill Investment Group Inc), Employment Agreement (Diamond Hill Investment Group Inc)

Base Salary. The Company will pay to the Executive an A base annual base salary of $350,000250,000, payable in accordance with the Company's Employer’s standard practice for other comparable executives. Executive’s base salary shall be subject to annual review by the Board of Directors of the Employer (the “Board”) for discretionary periodic increases in accordance with the Employer’s compensation policies. The Executive's annual References to “Base Salary” in this Agreement shall be to the base salary will be reviewed by the Company for possible increase (but not decrease) at least once set forth in each calendar year through the Term of this AgreementParagraph 4.A. and shall include any increases to such base salary made hereby.

Appears in 2 contracts

Sources: Executive Employment Agreement (MPS Group Inc), Executive Employment Agreement (MPS Group Inc)

Base Salary. The For all the services rendered by Executive hereunder, the Company will shall pay Executive a base salary (“Base Salary”) at the annual rate of $284,000, payable bi-weekly in installments at such times as the Company customarily pays its other senior level executives. Executive’s Base Salary shall be reviewed annually for appropriate increases by any of the Chief Executive Officer, the Board or the Compensation Committee of the Board (the “Compensation Committee”) pursuant to the Executive an annual base salary of $350,000, payable in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company normal performance review policies for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementsenior level executives.

Appears in 2 contracts

Sources: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)

Base Salary. The Company will pay to During the Executive an Employment Period, the Executive's annual ----------- base salary of will be $350,000130,000 or such higher rate as the Board may designate from time to time (the "Base Salary"), which will be payable in regular installments in accordance with the Company's policiesgeneral payroll practices and which will be subject to customary withholding. The Each year the Board will review the Executive's annual base salary will be reviewed by the Company for possible increase Base Salary and, in its sole discretion, determine whether any increases (but not decreasedecreases) at least once in each calendar year through the Term of this Agreementthereof are appropriate.

Appears in 2 contracts

Sources: Employment Agreement (Garden Com Inc), Employment Agreement (Garden Com Inc)

Base Salary. The Company will pay to Commencing as of the Effective Date, the Executive shall be paid an annual base salary annualized Base Salary of $350,000, 250,000. Such Base Salary shall be payable at intervals in accordance with the Company's policiesregular payroll practices of the Company applicable to senior executives but no less frequently than monthly. The Executive's annual base salary will Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through no less frequently than annually during the Term of this AgreementEmployment for increases. The Base Salary shall not be decreased at any time, or for any purpose, during the Term of Employment (including, without limitation, for the purpose of determining benefits due under Section 9).

Appears in 2 contracts

Sources: Employment Agreement (Exchange Applications Inc), Employment Agreement (Exchange Applications Inc)

Base Salary. The Company will shall pay to the Executive an annual base salary of $350,000250,000, payable in accordance with the Company's policiespayroll practices. The Executive's annual base salary will Base Salary shall be reviewed by the Company for possible increase (annually and may be increased but shall not decrease) at least once in each calendar year through the Term of this Agreementbe reduced.

Appears in 2 contracts

Sources: Employment Agreement (NeoVolta Inc.), Employment Agreement (NeoVolta Inc.)

Base Salary. The Company will shall pay to the Executive an annual base salary of $350,000220,000 annually, $150,000 of which will be payable in periodic installments in accordance with the Company's policies’s regular payroll practices, and $70,000 of which will be paid in lump sum at the end of the then-current fiscal year, or, in the sole discretion of the Board, prorated over the one year period upon completion of a financing. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Recovery Energy, Inc.), Employment Agreement (Recovery Energy, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive an annual base salary of $350,000260,000 (“Base Salary”). The Board shall review the Executive’s Base Salary each year and shall have the right in its discretion to increase such Base Salary. With the Executive’s prior consent, payable the Executive’s Base Salary may be reduced by an amount and for a period mutually agreed between the Executive and the Company so long as such reduction is made in accordance conjunction with similar reductions in base salary for other executives or employees of the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Mesa Air Group Inc), Employment Agreement (Republic Airways Holdings Inc)

Base Salary. The Company will shall pay to the Executive an annual base salary (the “Base Salary”) at the rate of $350,000200,000, payable in substantially equal installments at such intervals as may be determined by the Company in accordance with the Company's policies’s then current ordinary payroll practices as established from time to time. The Executive's annual base salary will Base Salary shall be reviewed in good faith by the Company for possible increase Compensation Committee of the Company’s Board of Directors (but the “Board”), based upon the Executive’s performance, not decrease) at least once in each calendar year through the Term of this Agreementless often than annually.

Appears in 2 contracts

Sources: Employment Agreement (Applied Optoelectronics, Inc.), Employment Agreement (Applied Optoelectronics, Inc.)

Base Salary. The Company will shall pay to the Executive an annual annualized base salary of $350,000, payable 204,000.00 in periodic installments in accordance with the Company's policies’s customary payroll practices, but no less frequently than semi-monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

Base Salary. The Company will shall pay to the Executive an annual a base salary (the “Base Salary”) at the annual rate of three hundred seventy-five thousand dollars ($350,000375,000), as of the Commencement Date). The Base Salary shall be payable in substantially equal periodic installments in accordance with the Company's policies’s payroll practices as in effect from time to time. Company shall deduct from each such installment all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Executive's Company shall review the Base Salary on an annual base salary will be reviewed by the Company for possible increase (basis and may increase, but not decrease) at least once in each calendar year through , the Term of this AgreementBase Salary.

Appears in 2 contracts

Sources: Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.), Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.)

Base Salary. The Company will shall pay to the Executive an annual base salary of $350,000, payable 450,000.00 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, commencing in January 2020, increase the base salary at its discretion. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Angion Biomedica Corp.), Employment Agreement (Elicio Therapeutics, Inc.)

Base Salary. The Company will pay to Executive during the Executive an annual Term a base salary at the annual rate of $350,000, payable commencing at the beginning of the Term in accordance with the Company's policies’s usual payroll practices with respect to senior executives (except to the extent deferred under Section 5(c)). The Executive's ’s annual base salary will shall be reviewed by the Company for possible increase Executive Compensation Committee of the Board (but not decreasethe “Committee”) at least once in each calendar year through of the Term Term. For purposes of this Agreement, “Base Salary” means Executive’s then-current base salary.

Appears in 2 contracts

Sources: Employment Agreement (Kilroy Realty Corp), Employment Agreement (Kilroy Realty Corp)

Base Salary. The Company will pay to the Executive an annual base salary of $350,000, payable [BASE SALARY] in accordance with the Company's policies’s standard payroll practices. The Executive's annual ’s base salary will be reviewed at least annually by the Company for possible Board, and the Board may, but will not be required to, increase (but not decrease) at least once the base salary during the Employment Term. Executive’s annual base salary, as in each calendar year through the Term of this Agreementeffect from time to time, is referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Workiva Inc), Employment Agreement (Workiva Inc)

Base Salary. The Company will shall pay to the Executive an annual annualized base salary (“Annual Base Salary”) at a rate of $350,000US$400,000, payable in accordance with pursuant to the Company's policies’s regular payroll practices for its executives in effect at the time. For fiscal year 2011, the Executive’s Annual Base Salary will be prorated from the Effective Date. The Executive's annual base salary will Annual Base Salary shall be reviewed by the Company Chief Executive Officer, for possible increase (but not decrease) only, at least once in each calendar year through such time as the Term salaries of this Agreementother senior executives of Patheon are reviewed generally.

Appears in 2 contracts

Sources: Employment Agreement (Patheon Holdings Cooperatief U.A.), Employment Agreement (Patheon Inc)

Base Salary. The Company will pay to During the Executive an annual Term, the Executive’s base salary of $350,000, payable (the “Base Salary”) shall be paid in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (Corporation’s regular payroll practices in effect from time to time, but not decreaseless frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at an annualized rate of $320,000. During the term hereof, subject to Section 5, the Corporation will annually (in January of each year commencing in 2016) at least once in each calendar year through review and adjust the Term Executive’s rate of this AgreementBase Salary.

Appears in 2 contracts

Sources: Employment Agreement (GoodRx Holdings, Inc.), Employment Agreement (GoodRx Holdings, Inc.)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 400,000 (Four Hundred Thousand Dollars) in periodic installments in accordance with the Company's policiescustomary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary may not be decreased during the Employment Term other than as part of an across-the-board salary reduction that applies in the same manner to all senior executives. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Reviva Pharmaceuticals Holdings, Inc.), Employment Agreement (Tenzing Acquisition Corp.)

Base Salary. The Company will pay to Executive’s annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000424,360.00, payable in accordance with the regular payroll practices of the Company's policies. The Executive's annual base salary will Base Salary shall be reviewed by no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Company for possible increase (but not decreaseExecutive’s Base Salary) at least once in each calendar year through shall be solely within the Term discretion of this Agreementthe Board.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 233,676 in accordance with periodic installments under the Company's policiescustomary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreement.effect from time to time, is referred to as "

Appears in 2 contracts

Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual a base salary at the annual rate of $350,000, 450,000 payable in regular installments in accordance with the Company's policies’s usual payroll practices. The Board shall review Executive's annual ’s base salary will be reviewed by the Company for possible increase (but not decrease) at least once per annum, and Executive’s annual base salary, as in each calendar year through effect from time to time, shall hereinafter be referred to as the Term of this Agreement“Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Getty Images Holdings, Inc.), Employment Agreement (Getty Images Holdings, Inc.)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual a base salary of not less than $350,000, payable in accordance with 665,000 per annum (the Company's policies“Base Salary”). The Board shall review Executive's annual base salary will be reviewed ’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the Company increase in the consumer price index for possible increase (but not decrease) at least once in each calendar year through the Term of this AgreementWashington, D.C. metropolitan area from the immediately preceding year.

Appears in 2 contracts

Sources: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Base Salary. The Company will shall pay to the Executive an annual base salary of $350,000, payable 750,000 USD in periodic installments in accordance with the Company's policiescustomary payroll practices and applicable wage payment laws. The Executive's base salary can discretionarily be reviewed from time-to-time, and Company may, but shall not be required to, increase the base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as "Base Salary".

Appears in 2 contracts

Sources: Employment Agreement (5&2 Studios, Inc.), Employment Agreement (5&2 Studios, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive an annual base salary in the amount of $350,0001,000,000 (“Base Salary”), less applicable payroll taxes and withholdings, payable in accordance with the Company's policies’s normal payroll practices. The Company will review Executive's annual base salary will be reviewed by ’s Base Salary annually, and, in the Company for possible sole discretion of the Company, may increase (but may not decrease) at least once in each calendar year through the Term of this Agreementsuch Base Salary from time to time, but shall not be obligated to effectuate any increase.

Appears in 2 contracts

Sources: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 400,000 in periodic installments in accordance with the Company's policies’s customary payroll practices. The Executive's annual ’s base salary will shall be reviewed at least annually by the Company for possible Compensation Committee and the Compensation Committee may, but shall not be required to, increase (but not decrease) at least once the base salary during the Employment Term. The Executive’s annual base salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Vapotherm Inc)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual base salary of $350,000, payable 375,000 per annum in cash (the “Annual Base Salary”). Executive’s Annual Base Salary will be subject to annual review by the Board. The Annual Base Salary due to Executive hereunder shall be paid in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the general Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementpayroll practices.

Appears in 2 contracts

Sources: Employment Agreement (Hospitality Investors Trust, Inc.), Employment Agreement (Hospitality Investors Trust, Inc.)

Base Salary. The Company will pay to the Executive shall initially be paid an annual base salary of $350,000annualized Base Salary, payable in accordance with the regular payroll practices of the Company's policies, of $325,000. The No less frequently than annually, the Executive's annual base salary will ’s Base Salary shall be reviewed by the Company for possible increase Compensation Committee who may (but is not decreaseobligated to) at least once adjust such Base Salary in each calendar year through its sole discretion; provided that Base Salary shall not be decreased. Any such increased Base Salary shall be the Term of Executive’s “Base Salary” for all purposes under this Agreement.

Appears in 2 contracts

Sources: Executive Employment Agreement, Executive Employment Agreement (SeaWorld Entertainment, Inc.)

Base Salary. The Company will pay to Executive's annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000458,719.77, payable in accordance with the regular payroll practices of the Company's policies. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive's annual base salary will Base Salary) shall be reviewed by solely within the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementBoard.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The Company will pay to the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $350,000, 650,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company's ’s payroll policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)

Base Salary. The Company will shall pay to the Executive an annual a base salary of $350,00027,083.33 per month ($325,000 annualized), payable in equal periodic installments in accordance with the Company's policies’s customary practices (the “Base Salary”). The Executive's annual base salary will amount of the Base Salary shall be reviewed by annually and may be increased from time to time in the Company for possible increase (but not decrease) at least once in each calendar year through sole discretion of the Term of this AgreementCompany’s Remuneration Committee and the Board.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Pacificorp /Or/)

Base Salary. The Company will pay to Executive's annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000298,700.00, payable in accordance with the regular payroll practices of the Company's policies. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive's annual base salary will Base Salary) shall be reviewed by solely within the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementBoard.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The Company will pay to the Executive an annual base salary of $350,000, payable in accordance with the Company's policies. The Executive's annual base salary will hereunder shall be reviewed by the Company ----------- $290,000 a year, payable monthly and prorated for possible increase (but not decrease) any partial year of employment. The Board shall review such base salary at least once in each calendar year through annually and make such adjustment from time to time as it may deem advisable, but the Term of this Agreementbase salary shall not at any time be less than $290,000 a year.

Appears in 2 contracts

Sources: Employment Agreement (Paragon Health Network Inc), Employment Agreement (Paragon Health Network Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 250,000 in accordance with periodic installments under the Company's policiescustomary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Compensation Committee of the Board (the “Compensation Committee”) shall review the Executive’s base salary at least annually and the Compensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of USD $350,000240,000, payable in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than bi-weekly. The Executive's ’s base salary shall be reviewed at least annually by the Compensation Committee of the Board (the “Compensation Committee”). However, the Executive’s base salary may not be decreased during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable [BASE SALARY] in periodic installments in accordance with the Company's policies’s customary payroll practices, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Workiva Inc), Employment Agreement (Workiva LLC)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 225,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Streamex Corp.), Employment Agreement (Streamex Corp.)

Base Salary. The Company will shall pay to the Executive an annual base salary of AUD $350,000, payable 200,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Compensation Committee of the Board, and the Compensation Committee of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Australian Oilseeds Holdings LTD), Employment Agreement (Australian Oilseeds Holdings LTD)

Base Salary. The During Executive’s employment, the Company will shall pay to the Executive an annual initial base salary at the rate of $350,000275,000 per annum (as in effect from time to time, the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company's policies’s regular payroll practices and shall be subject to all applicable tax withholdings and deductions. The Executive's annual base salary will If Executive is still employed by the Company as of that time, then, on or after each anniversary of this Agreement, the Base Salary shall be reviewed by the Company Board for possible increase (but not decrease) at least once in each calendar year through the Term any increase, provided that it shall automatically be increased by $25,000 as of this Agreementsuch anniversary date.

Appears in 2 contracts

Sources: Employment Agreement (Volta Inc.), Employment Agreement (Volta Inc.)

Base Salary. The During the Employment Period, the Company will shall pay to Executive a base compensation (“Base Salary”) in the Executive an annual base salary amount of Two Hundred Forty Thousand Dollars ($350,000240,000) per annum, payable in periodic installments in accordance with the Company's policies’s customary payroll practices in effect from time to time. The Executive's annual base salary will ’s Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementsubject to all applicable withholdings and deductions. Executive’s Base Salary shall be subject to review no less frequently than annually.

Appears in 2 contracts

Sources: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. The Company will pay to Executive’s annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000550,000, payable in accordance with the regular payroll practices of the Company's policies. The Executive's annual base salary will Base Salary shall be reviewed by no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Company for possible increase (but not decreaseExecutive’s Base Salary) at least once in each calendar year through shall be solely within the Term discretion of this Agreementthe Board.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The Company will pay to Executive's annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000355,249.78, payable in accordance with the regular payroll practices of the Company's policies. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive's annual base salary will Base Salary) shall be reviewed by solely within the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementBoard.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The From and after the Effective Date, the Company will shall pay to the Executive an annual a base salary at the annual rate of $350,000, 650,000.00 payable in regular installments in accordance with the Company's policies’s usual payroll practices. The Board shall review Executive's annual ’s base salary will be reviewed by the Company for possible increase (but not decrease) at least once per annum, and Executive’s annual base salary, as in each calendar year through effect from time to time, shall hereinafter be referred to as the Term of this Agreement“Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Getty Images Holdings, Inc.), Employment Agreement (Getty Images Holdings, Inc.)

Base Salary. The Beginning on the date hereof, the Company will shall pay to the Executive an annual Executive, in equal installments no less frequently than monthly, a base salary of $350,000412,000 per annum (the “Base Salary”), payable in accordance with less all applicable withholdings, during the Company's policiesTerm. The Executive's annual base salary will Base Salary shall be reviewed by the Company for possible increase People Services (but not decreaseCompensation) at least once in each calendar year through Committee of the Term of this AgreementBoard (the “Compensation Committee”) on an annual basis.

Appears in 2 contracts

Sources: Employment Agreement (Popeyes Louisiana Kitchen, Inc.), Employment Agreement (Popeyes Louisiana Kitchen, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive a base salary at an annual base salary rate of not less than $350,000320,000, payable in substantially equal installments in accordance with the regular payroll practices of the Company's policies, but not less frequently than monthly. The Executive's annual ’s base salary will shall be reviewed subject to annual review by the Company for possible increase Compensation Committee of the Board (the “Committee”) and may be increased, but not decrease) at least once in each calendar year through decreased, from time to time by the Term Committee. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Hornbeck Offshore Services Inc /La), Employment Agreement (Hornbeck Offshore Services Inc /La)

Base Salary. The Company will pay to During the Executive an annual term hereof, the Executive’s base salary of $350,000, payable (the “Base Salary”) shall be paid in accordance with the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (Corporation’s regular payroll practices in effect from time to time, but not decrease) less frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at least once in each calendar year through an annualized rate of $375,000. During the Term term hereof, the Corporation may review and adjust the Executive’s rate of this AgreementBase Salary from time to time.

Appears in 2 contracts

Sources: Employment Agreement (Ichor Holdings, Ltd.), Employment Agreement (Ichor Holdings, Ltd.)

Base Salary. The Company will pay to the Executive an A base annual base salary of $350,000331,000, payable in accordance with the Company's policiesEmployer’s standard practice for other senior executives. The Executive's annual ’s base salary will shall be reviewed subject to annual review by the Company Board’s Compensation Committee for possible increase discretionary periodic increases (but not decreasedecreases) at least once in each calendar year through accordance with the Term of Employer’s compensation policies. References to “Base Salary” in this AgreementAgreement shall be to the base salary set forth in this Paragraph 4(a) and shall include any increases to such base salary.

Appears in 2 contracts

Sources: Executive Employment Agreement (GEE Group Inc.), Executive Employment Agreement (GEE Group Inc.)

Base Salary. The Company will pay to the Executive an A base annual base salary of $350,000300,000, payable in accordance with the CompanyEmployer's standard practice for other senior executives. Executive's base salary shall be subject to annual review by the Board's Compensation Committee for discretionary periodic increases in accordance with the Employer's compensation policies. The Executive's annual References to "Base Salary" in this Agreement shall be to the base salary will be reviewed by the Company for possible increase (but not decrease) at least once set forth in each calendar year through the Term of this AgreementParagraph 4.a and shall include any increases to such base salary made hereby.

Appears in 2 contracts

Sources: Executive Employment Agreement (Upexi, Inc.), Executive Employment Agreement (GEE Group Inc.)

Base Salary. The Company will pay to the Executive an annual base salary (“Base Salary”) of Two Hundred Thousand Dollars ($350,000200,000), payable in substantially equal monthly or more frequent installments in accordance with the Company's policies’s normal and customary payroll practices. The Board may review and further adjust Executive's annual base salary will be reviewed by ’s Base Salary from time to time in its sole and absolute discretion, provided that during the Employment Period the Company may not decrease Executive’s Base Salary below the amount set forth in this section. Any such increased Base Salary shall be and become the “Base Salary” for possible increase (but not decrease) at least once in each calendar year through the Term purposes of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Professional Diversity Network, LLC), Employment Agreement (Professional Diversity Network, LLC)

Base Salary. The Company will pay to the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $350,000, 225,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company's ’s payroll policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 350,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Compensation Committee of the Board (the “Compensation Committee”) and the Compensation Committee may increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Executive Employment Agreement (TaskUs, Inc.), Executive Employment Agreement (TaskUs, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive an annual base salary of per year in an amount not less than $350,000, 150,000. Such annual base salary shall be payable in accordance with the Company's policiescustomary pay schedule. During the Term, the base salary of Executive shall be reviewed at least annually by the Chief Executive Officer. The Executive's annual Board of Directors, and/or the Compensation Committee, in consultation with the Chief Executive Officer, may, but shall not be required to, increase or decrease the base salary will be reviewed by the Company for possible increase (salary, but not decrease) at least once in each calendar year through below the Term of minimum required by this AgreementSection.

Appears in 2 contracts

Sources: Employment Agreement (Cimetrix Inc), Employment Agreement (Cimetrix Inc)

Base Salary. The During the term of Executive's employment hereunder, the Company will shall pay to the Executive an annual base salary (the "Base Salary") at the initial annual rate of $350,000225,000, payable in regular installments in accordance with the Company's policiesusual payment practices but no less frequently than monthly during the Employment Term. The Executive's annual base salary will Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least once annually for increase in each calendar year through the Term reasonable discretion of this Agreementthe Board.

Appears in 2 contracts

Sources: Employment Agreement (Renaissance Media Capital Corp), Employment Agreement (Renaissance Media Capital Corp)

Base Salary. The Company will shall pay to the Executive an annual annualized base salary of $350,000, payable 220,000.00 in periodic installments in accordance with the Company's policies’s customary payroll practices, but no less frequently than semi-monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

Base Salary. The As of the Effective Date, the Company will shall pay to the Executive an annual base salary rate of Three Hundred Sixty-Five Thousand Dollars ($350,000365,000), payable in accordance with such amounts to be paid on a bi-weekly basis (“Base Salary”) pursuant to the Company's policies’s standard payroll practices. The Executive's annual base salary will ’s Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least annually for consideration of appropriate merit increases and, once in each calendar year through established, the Base Salary shall not decrease during the Term without the consent of this AgreementExecutive.

Appears in 2 contracts

Sources: Executive Employment Agreement (Affirmative Insurance Holdings Inc), Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Base Salary. The During the Term the Executive’s annual base salary shall be Two Hundred Fifty Thousand Dollars ($250,000.00) per year, which shall be payable by the Company will pay to the Executive an in installments consistent with the Company’s normal payroll schedule, subject to customary withholding as required by applicable law. This annual base salary of $350,000, payable in accordance with the Company's policies. The Executive's annual base salary will shall be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through Board periodically, and the Term of this AgreementBoard may adjust the Executive’s annual base salary from time to time as the Board deems to be appropriate subject to Executive’s performance, the Company’s financial condition and market conditions.

Appears in 2 contracts

Sources: Executive Employment Agreement (Oragenics Inc), Executive Employment Agreement (Oragenics Inc)

Base Salary. The During the Term, Company will pay to the Executive an annual a base salary of equal to $350,000123,000 per annum, payable in equal bi-weekly or semi-monthly installments in accordance with the Company's policiespayroll system. The Board will review, at least annually, the Executive's annual base salary will be reviewed compensation with a view to increasing it if, in the sole judgment of the Board, the performance of the Company, the services of the Executive and compensation paid by other companies engaged in businesses comparable to the business of the Company for possible increase (but not decrease) at least once to executives in each calendar year through the Term of this Agreementcomparable positions merit such an increase.

Appears in 2 contracts

Sources: Employment Agreement (Cell Robotics International Inc), Employment Agreement (Cell Robotics International Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 800,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may increase or decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Dragonfly Energy Holdings Corp.), Employment Agreement (Dragonfly Energy Holdings Corp.)

Base Salary. The Company will Employer shall pay to the Executive an annual rate of base salary of $350,000, payable EUR 255,825 in accordance with periodic installments under the Company's policiescustomary payroll practices and applicable wage payment laws. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreement.effect from time to time, is referred to as "

Appears in 2 contracts

Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement

Base Salary. The Company will shall pay to the Executive an annual a base salary (“Base Salary”) at the rate of $350,000269,280 per annum (less applicable deductions and withholdings), payable in periodic payments in accordance with the Company's policies’s normal payroll practices. The During the Term, Executive's annual base salary will ’s compensation shall be reviewed by the Company for possible increase (but not decrease) Board from time to time and at least once every 12 months. Any increase or decrease in each calendar year through Base Salary (together with the Term of then existing Base Salary) shall serve as the “Base Salary” under this Agreement.

Appears in 2 contracts

Sources: Executive Employment Agreement (Akebia Therapeutics, Inc.), Executive Employment Agreement (Akebia Therapeutics, Inc.)

Base Salary. The Company will pay to the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $350,000, 438,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company's ’s payroll policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)

Base Salary. The Company will Employer shall pay to the Executive an annual annualized base salary of Four Hundred Sixty-Eight Thousand Dollars ($350,000468,000) (the "Base Salary"), less taxes and applicable withholdings, payable in accordance with Employer' s regularly scheduled payroll. Base Salary will be subject to review and adjustment in accordance with Employer's normal performance review practices, but no less frequently than annually. Effective as of the Company's policies. The date of any change to Executive's annual base salary will Base Salary, the Base Salary as so changed shall be reviewed by considered the Company new Base Salary for possible increase (but not decrease) at least once in each calendar year through the Term all purposes of this Agreement.

Appears in 2 contracts

Sources: Executive Employment Agreement (Histogen Inc.), Executive Employment Agreement (Histogen Inc.)

Base Salary. The Company will pay to During the Executive an Term, the Executive’s annual base salary shall be $330,000. The Executive’s base salary shall be reviewed annually by the Board or the Compensation Committee of $350,000, the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in accordance a manner that is consistent with the Company's policies. The Executive's annual base salary will be reviewed by the Company ’s usual payroll practices for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementexecutive officers.

Appears in 2 contracts

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

Base Salary. The Effective with this Agreement and the Executive’s continued employment hereunder, the Company will shall pay to the Executive an annual a base salary at the annualized rate of $350,000400,000, payable in regular installments in accordance with the Company's policies’s payment practices from time to time. The Executive shall be entitled to annual performance and salary review, and any increase in base salary shall be in the sole discretion of the Compensation Committee of the Board. Executive's ’s annual base salary will be reviewed by salary, as in effect from time to time, is hereinafter referred to as the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement“Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (Lantheus Medical Imaging, Inc.), Employment Agreement (Lantheus Holdings, Inc.)

Base Salary. The Company will pay to Executive's annualized Base Salary as of the Executive an annual base salary date of this Agreement is $350,000424,360.00, payable in accordance with the regular payroll practices of the Company's policies. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive's annual base salary will Base Salary) shall be reviewed by solely within the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementBoard.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 275,000 US in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's base salary shall be reviewed at least annually by the by the compensation committee of the Board (the “Compensation Committee”) and the Compensation Committee may, but shall not be required to, increase Executive’s base salary during the Employment Term. Executive’s annual base salary will shall be reviewed by the Company for possible increase (but not decrease) at least once adjusted to $300,000 US on January 1, 2021. Executive’s annual base salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Profire Energy Inc), Employment Agreement (Profire Energy Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 260,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws. The Executive's ’s base salary may be reviewed from time to time by the Company, and the Company may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)

Base Salary. The Company will pay to Commencing as of the Effective Date, the Executive shall be paid an annual base salary annualized Base Salary of $350,000, 300,000. Such Base Salary shall be payable at intervals in accordance with the Company's policiesregular payroll practices of the Company applicable to senior executives but no less frequently than monthly. The Executive's annual base salary will Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through no less frequently than annually during the Term of this AgreementEmployment for increases. The Base Salary shall not be decreased at any time, or for any purpose, during the Term of Employment (including, without limitation, for the purpose of determining benefits due under Section 9).

Appears in 2 contracts

Sources: Employment Agreement (American Capital Access Holdings LTD), Employment Agreement (American Capital Access Holdings LTD)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual base salary of One Hundred Seventy Five Thousand Dollars ($350,000175,000) (“Base Salary”), payable in regular installments in accordance with the Company's policies’s then current payroll practices. The At least annually the Board shall review Executive's annual base salary will be reviewed by ’s performance and compensation and may increase the Company for possible increase (but not decrease) at least once Base Salary, in each calendar year through the Term of this Agreementits sole discretion.

Appears in 2 contracts

Sources: Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.)

Base Salary. The Company will pay to the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $350,000, 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Company’s board of directors (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company's ’s payroll policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (National Bank Holdings Corp), Employment Agreement (National Bank Holdings Corp)

Base Salary. The Company will shall pay to the Executive an annual base salary of not less than Four Hundred Fifty Thousand ($350,000450,000) Dollars (prorated for partial monthly and annual periods), payable less deductions and withholdings, which base salary shall be paid in accordance with the Company's policies’s normal payroll policies and procedures (the “Base Salary”). The Board or the Compensation Committee of the Board (the “Committee”) shall conduct annual performance reviews of Executive for merit increases and may, in its sole discretion, increase Executive's ’s Base Salary on an annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementbasis.

Appears in 2 contracts

Sources: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual a base salary of $350,000, payable in accordance with not less than $ 665,000 per annum (the Company's policies“Base Salary”). The Board shall review Executive's annual base salary will be reviewed ’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the Company increase in the consumer price index for possible increase (but not decrease) at least once in each calendar year through the Term of this AgreementWashington, D.C. metropolitan area from the immediately preceding year.

Appears in 2 contracts

Sources: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 279,250 in accordance with periodic installments under the Company's policiescustomary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreement.effect from time to time, is referred to as "

Appears in 2 contracts

Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement

Base Salary. The Company will pay to Commencing as of the Effective Date, the Executive shall be paid an annual base salary annualized Base Salary of $350,000420,000, payable in accordance with the regular payroll practices of the Company's policies. The Executive's annual base salary will Base Salary shall be reviewed by no less frequently than annually for increase in the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementCEO and, if applicable, the Board.

Appears in 2 contracts

Sources: Employment Agreement (Ikon Office Solutions Inc), Employment Agreement (Ikon Office Solutions Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 240,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)

Base Salary. The Company will Corporation shall pay to the Executive an annual base salary (the “Base Salary”) of $350,000294,000, less applicable withholding and other deductions, payable in accordance with the Company's policiesCorporation’s then current payroll practices. The Executive's annual base salary Base Salary will be reviewed at least annually by the Company for possible increase (Corporation’s Board of Directors and may be increased, but not decrease) at least once decreased, in each calendar year through its sole discretion, in which event any increased Base Salary shall be deemed the Term of Base Salary under this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Intersections Inc), Employment Agreement (Intersections Inc)

Base Salary. The Company will pay to Commencing as of the Effective Date, the Executive shall be paid an annual base salary annualized Base Salary of $350,000330,000, payable in accordance with the regular payroll practices of the Company's policies. The Executive's annual base salary will Base Salary shall be reviewed by no less frequently than annually for increase in the Company for possible increase (but not decrease) at least once in each calendar year through discretion of the Term of this AgreementCEO and, if applicable, the Board.

Appears in 2 contracts

Sources: Employment Agreement (Ikon Office Solutions Inc), Employment Agreement (Ikon Office Solutions Inc)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable in accordance 400,000. Such base salary shall be paid consistently with the Company's policies’s then current pay practices. The Executive's annual ’s base salary will shall be reviewed at least annually by the Company for possible Board and the Board may, but shall not be required to, increase (but not decrease) at least once base salary then in each calendar year through effect during the Term of this AgreementEmployment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Sources: Employment Agreement (PLX Pharma Inc.), Employment Agreement (Dipexium Pharmaceuticals, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive a Base Salary at an annual base salary rate of not less than $350,000, payable in accordance with the Company's policies1,200,000. The Executive's annual base salary will Base Salary shall be reviewed by the Company for subject to review and possible increase (increase, but not decrease, by the Human Resources and Compensation Committee of the Board (the “HRCC”) at least once in each calendar year through February, and any increases shall be effective the Term of this Agreementfollowing April 1. Adjustments to the Base Salary shall be based on the Executive’s performance and other factors that the HRCC deems appropriate. Following each adjustment, the term Base Salary shall thereafter refer to the adjusted amount.

Appears in 2 contracts

Sources: Employment Agreement (Coca-Cola Enterprises, Inc.), Employment Agreement (Coca-Cola Enterprises, Inc.)

Base Salary. The Company will Employer shall pay to the Executive an annual rate of base salary of $350,000, payable EUR 167,729 in accordance with periodic installments under the Company's policiescustomary payroll practices and applicable wage payment laws. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreement.effect from time to time, is referred to as "

Appears in 2 contracts

Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 340,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)

Base Salary. The During the Term, the Company will shall pay to the Executive an annual base annualized salary of $350,000600,000 (the “Base Salary”), payable subject to standard federal and state payroll withholding requirements in accordance with the Company's policies’s standard payroll practices, but not less frequently than monthly. The Executive's annual base salary Base Salary will be reviewed annually by the Company for possible increase Board and may be increased (but not decreasedecreased without the Executive’s consent) at least once in each calendar year through to reflect the Term of this AgreementExecutive’s performance and responsibilities.

Appears in 2 contracts

Sources: Employment Agreement (Manning & Napier, Inc.), Employment Agreement (Manning & Napier, Inc.)

Base Salary. The During the Employment Period, the Company will pay to the Executive an annual a base salary of $350,000(“Base Salary”), less normal withholdings and deductions, payable in accordance with equal installments as are customary under the Company's policies’s payroll practices from time to time (but no less frequently than monthly). Initially, as of the Effective Date, Executive’s annual Base Salary shall be Three Hundred Fifty Thousand Dollars ($350,000) per year. The Company shall review Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once ’s Base Salary annually and may adjust Executive’s Base Salary in each calendar year through the Term of this Agreementits sole discretion.

Appears in 1 contract

Sources: Employment Agreement (Wayside Technology Group, Inc.)

Base Salary. The During the Employment Term, the Company will shall pay to the Executive an annual base salary of $350,000, payable 425,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment and withholding laws, but no less frequently than monthly. The Executive's ’s annual base salary will salary, as in effect from time to time, is referred to as “Base Salary.” Executive’s Base Salary shall be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementannually.

Appears in 1 contract

Sources: Executive Employment Agreement (Star Peak Corp II)

Base Salary. The Beginning on the Effective Date, the Company will agrees to pay to the Executive a base salary at an annual rate equal to $400,000.00. The Executive will be entitled to periodic review of his base salary of $350,000and to such increases, payable in accordance with if any, as may be determined from time to time by the Company's policies. The Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreement.

Appears in 1 contract

Sources: Employment Agreement (American Renal Associates Holdings, Inc.)

Base Salary. The Company will pay to the Executive an A base annual base salary of $350,000270,000, payable in accordance with the CompanyEmployer's standard practice for other senior executives. Executive's base salary shall be subject to annual review by the Board’s Compensation Committee for discretionary periodic increases in accordance with the Employer's compensation policies. The Executive's annual References to “Base Salary” in this Agreement shall be to the base salary will be reviewed by the Company for possible increase (but not decrease) at least once set forth in each calendar year through the Term of this AgreementParagraph 4.a and shall include any increases to such base salary made hereby.

Appears in 1 contract

Sources: Executive Employment Agreement (GEE Group Inc.)

Base Salary. The Company will shall pay to the Executive an annual a monthly base salary equal to $150,000 per month (the "Monthly Base Salary"). The Board of $350,000, payable Directors shall review Executive's Monthly Base Salary periodically to determine whether such amount shall be adjusted upwards in accordance with the Company's policies. The duties and responsibilities of Executive and Executive's annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once in each calendar year through the Term of this Agreementperformance thereof.

Appears in 1 contract

Sources: Employment Agreement (U S Vision Inc)

Base Salary. The Company will Bank shall pay to the Executive an annual rate of base salary of $350,000, payable 510,000 in periodic installments in accordance with the Company's policiesBank’s customary payroll practices, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the executive management, consisting of the CEO, the President of the Bank and the President of the Corporation (“Executive Management”) and Executive Management may, but shall not be required to, adjust the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 1 contract

Sources: Employment Agreement (Valley National Bancorp)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 350,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive's ’s base salary shall be reviewed at least annually by the Board and the Board may increase but not decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 1 contract

Sources: Employment Agreement (Dragonfly Energy Holdings Corp.)

Base Salary. The Company will shall pay to the Executive an annual rate of base salary of $350,000, payable 350,000 in periodic installments in accordance with the Company's policies’s customary payroll practices and applicable wage payment laws. The Executive's ’s base salary may be reviewed from time to time by the Board, and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary will be reviewed by the Company for possible increase (but not decrease) at least once salary, as in each calendar year through the Term of this Agreementeffect from time to time, is hereinafter referred to as “Base Salary.

Appears in 1 contract

Sources: Employment Agreement (Kura Sushi Usa, Inc.)