Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (the “Base Salary”) of no less than $500,000600,000, which shall be paid payable in accordance with the customary Company’s regular payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual The Base Salary shall be reviewed at least annually periodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but may not be reduceddecreased.

Base Salary. During the Employment Period, the Executive shall receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $1,500,000, payable pursuant to the Company’s normal payroll practices. Executive’s During the Employment Period, the current Annual Base Salary shall be reviewed for increase only at least annually by such time as the Board but may not be reducedsalaries of senior officers of the Company are reviewed generally, provided that, the Executive’s first such review shall occur no earlier than calendar year 2005.

Base Salary. During the Employment PeriodTerm of Employment, Executive shall will be entitled to receive an initial annual annualized base salary in an amount equal to (the “Base Salary”) of not less than $500,000, which 400,000. The Base Salary shall be paid in accordance with the customary REIT Operator’s normal payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board practices, but may not be reducedno less often than semi-monthly.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,000520,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced, and in the event of any increase thereof, all references to “Annual Base Salary” as used in this Agreement shall refer to such increased amount.

Base Salary. During the Employment PeriodTerm, Executive shall will be entitled to receive an initial annual annualized base salary in an amount equal to (the “Base Salary”) of $500,000, which 400,000. The Base Salary shall be paid in accordance with the customary REIT Operator’s normal payroll practices of the Company (the “Annual Base Salary”)practices, but no less often than semi-monthly. Executive’s Annual The Base Salary shall be reviewed at least annually subject to annual review by the Board (or a committee of directors to whom such responsibility has been delegated by the Board) for possible increase, but may not be reduceddecrease (except pursuant to across-the-board salary reductions affecting other senior-level executives of the Company).

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $950,000. During the Employment Period, the Executive’s Annual Base Salary shall be reviewed at least annually by the Compensation Committee of the Board (the “Compensation Committee”) for increase, but may not decrease. The term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time, including any increases. Such Annual Base Salary shall be reducedpayable in monthly or more frequent installments in accordance with the Company’s payroll policies applicable to executive officers.

Base Salary. During the Employment Period, Executive shall receive for Executive’s services an initial annual base salary (the “Base Salary”) in an amount equal to $500,000, which shall be paid determined by the Board. The Base Salary will be reviewed annually and may be adjusted upward or downward in accordance with the customary payroll practices sole discretion of the Company (Board. In no event, however, will the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually less than the gross amount of $547,000. The Base Salary will be subject to all applicable withholdings and deductions required by the Board but may not be reducedfederal and state law.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to Five Hundred Thousand dollars ($500,000), less all applicable withholdings, which shall be paid in accordance with the customary payroll practices of the Company and prorated for partial calendar years of employment (as in effect from time to time, the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000950,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial annual a base salary in an amount equal to of no less than $500,000500,000 per year, which shall be paid payable in accordance with the customary usual payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, Executive shall receive an initial annual Executive’s base salary in an amount equal to $500,000, which (the “Base Salary”) shall be paid in accordance with the customary Company’s regular payroll practices in effect from time to time (presently bi-weekly), but not less frequently than in monthly installments. The Compensation Committee of the Company Board (the “Annual Committee”) will establish Executive’s Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to One Hundred and Ninety Thousand Dollars ($500,000190,000), less all applicable withholdings, which shall be paid in accordance with the customary payroll practices of the Company (as in effect from time to time, the “Annual Base Salary”). Executive’s The Annual Base Salary shall be reviewed at least annually subject to annual review by the Board but may not be reducedBoard, in its sole discretion; for possible increase and any such increased Annual Base Salary shall constitute “Annual Base Salary” for purposes of this Agreement.

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an initial annual base salary (the "Base Salary") in an amount regular equal to $500,000, which shall be paid installments in accordance with the customary Employer's usual payroll practices of the Company (the “Annual Base Salary”)practice. Executive’s Annual 's Base Salary for the first contract year shall be Two Hundred Fifty Thousand Dollars ($250,000), which Base Salary shall be reviewed subject to appropriate increase each year thereafter at least annually by the discretion of the compensation committee of the Board but may not be reducedof Directors (the "Compensation Committee").

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (“Base Salary”) of no less than $500,000, which shall be paid payable in accordance with the customary Company’s regular payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual The Base Salary shall be reviewed at least annually by periodically, and, if adjusted (but not below $500,000), the Board but may not be reducedterm “Base Salary” shall refer to such adjusted amount.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $800,000. The Compensation Committee of the Board of Directors (the “Compensation Committee”) shall review the Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedto determine whether increases are appropriate.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of $333,900 per annum. Executive’s Annual The Base Salary shall be paid by the Company at such intervals as the Company pays executive salaries generally. The Base Salary may be reviewed at least annually by the Board but Board, or the Compensation Committee thereof, and may not be reducedincreased in the discretion of the Board, or the Compensation Committee thereof. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so increased from time to time.

Base Salary. During the Employment Period, The Executive shall receive an initial annual base salary ("Base Salary") of not less than his annual salary immediately prior to the Effective Date (payable in an amount equal to $500,000, which semi-monthly installments) from the Company. The Base Salary shall be paid reviewed and may be increased at any time and from time to time in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary Company's regular practices, and shall be reviewed at least annually by the Organization and Compensation Committee of its Board but may not be reducedof Directors.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000415,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000750,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of not less than six hundred seventy five thousand dollars ($675,000). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid per annum (“Base Salary”) payable in accordance with the customary Company’s normal payroll practices of no less than US $320,000. The Board shall review the Company Executive’s Base Salary annually and may, in its sole discretion, increase (but not decrease) the “Annual Executive’s Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Contract Period, the Executive shall receive an initial annual base salary in an amount equal to of $500,000, which shall be paid in accordance with the customary payroll practices of the Company 500,000 (the “Annual Base Salary”). The Annual Base Salary shall be payable in accordance with the Company’s regular payroll practice for its senior executives, as in effect from time to time, and shall be subject to all applicable withholding requirements. During the Contract Period, the Annual Base Salary may be reviewed by the Board for possible increase, and the Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduceddecreased after any such increase.

Base Salary. During the Employment Period, Executive shall receive an initial annual a base salary in an amount equal to (the “Base Salary”) at the annualized rate of $500,000200,000, which less applicable taxes and withholdings. The Base Salary shall be paid in accordance with the customary payroll practices of installments at such intervals as the Company (pays executive salaries generally, but not less often than monthly. During the “Annual Base Salary”). Executive’s Annual Employment Period, the Base Salary shall be reviewed at least annually by for possible increase, in the Board but may not be reduceddiscretion of the Board. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so adjusted.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to no less than Six Hundred and Fifty Thousand Dollars ($500,000650,000), less all applicable withholdings, which shall be paid in accordance with the customary payroll practices of the Company (as in effect from time to time, the “Annual Base Salary”). Executive’s The Annual Base Salary shall be reviewed at least annually prorated for partial calendar years of employment and shall be subject to annual review by the Board but may not be reduced(or a committee thereof), in its sole discretion.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount ("Base Salary") equal to $500,00050,000.00 , which shall be paid payable in accordance with the customary payroll practices procedures as in effect from time to time for senior executives of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedCompany.

Base Salary. During the Employment Period, the Executive shall receive an initial annual rate of base salary ("BASE SALARY") in an amount equal to not less than $500,000, which 350,000. Executive's Base Salary will be reviewed by the Company annually and may be adjusted upward (but not downward) at such time. Base Salary shall be paid payable in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board Company's normal business practices, but may not be reducedin no event less frequently than monthly.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (the “Base Salary”) of no less than $500,000340,000, which shall be paid payable in accordance with the customary Company’s regular payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual The Base Salary shall be reviewed at least annually periodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but may not be reduceddecreased.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to Two Hundred Thirty Five Thousand Dollars ($500,000235,000), less all applicable withholdings, which shall be paid in accordance with the customary payroll practices of the Company (as in effect from time to time, the “Annual Base Salary”). Executive’s The Annual Base Salary shall be reviewed at least annually prorated for partial calendar years of employment and shall be subject to annual review and possible increase as determined by the Board but may not be reducedBoard, in its sole discretion.

Base Salary. During the Employment Period, the Executive shall receive an initial a minimum annual base salary in an amount ("Annual Base Salary") equal to $500,000240,000, which shall be paid payable in accordance with the customary payroll practices as in effect from time to time for senior executives of the Company (Company. The Board, from time to time, shall review the “Annual Base Salary”). Executive’s 's Annual Base Salary shall be reviewed at least annually for possible increases of such Base Salary in relationship to the goals and performance of the Company, prevailing competitive conditions and significant milestones achieved by the Board but may not be reducedCompany.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000430,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial annual base salary (the “Base Salary”) of six hundred thousand dollars ($600,000), payable in an amount equal to $500,000, which shall be paid regular installments in accordance with the customary Company’s usual payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary is subject to annual review and may, in the Compensation Committee’s discretion, be increased or decreased under the Company’s standard compensation policies for executive-level employees. As so adjusted, the term “Base Salary” shall be reviewed at least annually by refer to the Board but may not be reducedadjusted amount.

Base Salary. During the Employment Period, The Executive shall receive an initial annual base salary ("Base Salary") of not less than his annual salary immediately prior to the Effective Date (payable in an amount equal to $500,000, which semi-monthly installments) from the Corporation. The Base Salary shall be paid reviewed and may be increased at any time and from time to time in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary Corporation's regular practices, and shall be reviewed at least annually by the Organization and Compensation Committee of its Board but may not be reducedof Directors.

Base Salary. During the Employment Period, ----------- the Executive shall receive an initial annual base salary in an amount equal to ("Annual Base Salary") of not less than $500,000, which shall be paid in accordance with the customary Company's normal payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary and shall be reviewed at least annually by the Board but may not be reducedapply retroactively to May 5, 2004.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to four hundred thousand dollars ($500,000400,000), which shall be paid in accordance with the customary payroll practices of the Company and prorated for partial calendar years of employment (as in effect from time to time, the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $1,200,000, payable pursuant to the Company’s normal payroll practices. Executive’s During the Employment Period, the current Annual Base Salary shall be reviewed for increase only at least annually by such time as the Board but may not be reducedsalaries of senior officers of the Company are reviewed generally; provided that the Executive’s first such review shall occur no earlier than calendar year 2009.

Base Salary. During the Employment Periodperiod of the Executive’s employment by the Company, the Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company not less than US$700,000 (the “Annual Base Salary”)) payable in equal semi-monthly installments, less applicable withholdings. Executive’s Annual Each year, the Board shall review the Base Salary shall be reviewed at least annually and other compensation of the Executive based upon performance and other factors deemed appropriate by the Board but may not be reducedand make such increases as it deems fit.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid per annum (“Base Salary”) payable in accordance with the customary Company’s normal payroll practices of no less than US $165,727. The Board shall review the Company Executive’s Base Salary annually and may, in its sole discretion, increase (but not decrease) the “Annual Executive’s Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, Executive shall receive an initial annual a base salary in an amount equal to commencing on the Effective Date and during his employment hereunder of $500,000300,000 per annum (the “Base Salary”), which amount may be increased (but not decreased) annually at the discretion of the Compensation Committee of the Board (the “Committee”). The Base Salary shall be paid to Executive by the Company in accordance with the customary Company’s regular payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedpractice as in effect from time to time.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid payable in accordance with the customary Company’s normal payroll practices of $261,000 per year, which the Board may, in its sole discretion, review and may, in its sole discretion, increase (but not decrease without Executives consent, except if salary reduction is imposed on the employees of the Company as part of a general reduction) (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced, and in the event of any increase thereof, all references to “Annual Base Salary” as used in this Agreement shall refer to such increased amount.

Base Salary. During Effective as of the Effective Date and during the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to (the “Base Salary”) of four hundred thousand dollars ($500,000, which 400,000) per annum. The Base Salary shall be paid in accordance with the customary Company’s normal payroll practices for executive salaries generally, but no less often than monthly and shall be pro-rated for partial years of employment. The Base Salary may be reviewed in the discretion of the Company Board (the “Annual Base Salary”or a subcommittee thereof). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may , not be reducedless than annually.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to (the “Base Salary”) at the annualized rate of $500,000400,000.00, which shall amount may be paid in accordance with increased or decreased by the customary payroll practices Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Annual Base SalaryBoard”), as provided below. Executive’s Annual The Base Salary shall be reviewed paid in installments at least annually by such intervals as the Board Company pays executive salaries generally, but may not be reducedless often than monthly. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so adjusted.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of $290,000 commencing as of the Effective Date. Executive’s Annual The Board, in its discretion, may review the Base Salary periodically and adjust the Base Salary in its sole discretion based on relevant circumstances. The Base Salary shall be reviewed at least annually payable by the Board but may not be reducedCompany to Executive in equal installments on the dates payments of salary are regularly made by the Company to its executive employees subject to all required tax withholdings.

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an initial annual base salary in an amount equal ("Base Salary") as determined by the Compensation Committee from time to $500,000time. Commencing January 1, which 2000, the Executive's Base Salary shall be paid at a rate of not less than $240,000. The Base Salary shall be payable in accordance with the customary Company's regular payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedpractice for its senior executives, as in effect from time to time.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000605,000.00, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During As of the Employment PeriodEffective Date, Executive shall receive an initial annual salary base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of $538,500, payable in twice monthly installments (except if deferred by Executive under a Company-sponsored deferral plan). Executive’s Annual Base Salary shall be reviewed at least annually by the Compensation Committee of the Board but may (the “Committee”) each January during the Employment Period. Any increase in Annual Base Salary approved by the Committee shall not be reducedserve to limit or reduce any other obligation to Executive under this Agreement.

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an initial annual base salary in an amount equal ("Base Salary") as determined by the Compensation Committee from time to $500,000time. Commencing January 1, which 2000, the Executive's Base Salary shall be paid at a rate of not less than $345,000. The Base Salary shall be payable in accordance with the customary Company's regular payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedpractice for its senior executives, as in effect from time to time.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $350,000. The Compensation Committee of the Board of Directors (the “Compensation Committee”) shall review the Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedto determine whether increases are appropriate.

Base Salary. During the Employment Period, the Executive shall will receive an initial annual annualized base salary in an amount equal to $500,000of not less than $ (including any future increases, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”), payable in biweekly installments pursuant to the Company’s normal payroll practices. Executive’s Annual During the Employment Period, the current Base Salary shall will be reviewed for increase at least annually by such time, and in the Board but may not be reducedsame manner, as the salaries of senior executives of the Company are reviewed generally.

Base Salary. During the Employment Period, the Executive shall continue to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive) of $750,000, payable pursuant to the Company’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducednormal payroll practices.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,0001,000,000.00, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced, and in the event of any increase thereof, all references to “Annual Base Salary” as used in this Agreement shall refer to such increased amount.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (the "Annual Base Salary") of three hundred seventy five thousand dollars ($500,000375,000), which shall be paid payable in accordance with the customary regular payroll practices of the Company (Company. During the “Annual Base Salary”). Executive’s Employment Period, the Annual Base Salary shall may be reviewed at least annually by the Board but may not be reducedfor possible increases.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,0001,200,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to Three Hundred Fifty Thousand Dollars ($500,000350,000), less all applicable withholdings, which shall be paid in accordance with the customary payroll practices of the Company (as in effect from time to time, the “Annual Base Salary”). Executive’s The Annual Base Salary shall be reviewed at least annually prorated for partial calendar years of employment and shall be subject to annual review as determined by the Board but may not be reducedof Directors of the Company (the “Board”), in its sole discretion.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000590,000.00, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment Period, the Executive shall receive from the Company an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “"Annual Base Salary”)") of $575,000, payable in equal installments at intervals not less frequent than monthly. The Executive’s 's Annual Base Salary may be increased by the Board which shall review it annually in January of each year. The Executive's Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedreduced below $575,000, and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000609,000.00, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000634,400.00, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $700,000. The Compensation Committee of the Board of Directors (the “Compensation Committee”) shall review the Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedto determine whether increases are appropriate.

Base Salary. During the Employment Period, the Executive shall receive an initial annual rate of base salary ("Base Salary") in an amount equal to not less than $500,000, which 543,490. Executive's Base Salary will be reviewed by the Company annually and may be adjusted upward (but not downward) at such time. Base Salary shall be paid payable in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board Company's normal business practices, but may not be reducedin no event less frequently than monthly.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial annual base salary (the “Base Salary”) of nine hundred fifty thousand dollars ($950,000), payable in an amount equal to $500,000, which shall be paid regular installments in accordance with the customary Company’s usual payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual The Base Salary shall be reviewed at least annually subject to annual review by the Board Parent Board, and subject to increase, but may not be reduceddecrease.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”), payable bi-weekly or in such other installments as may be agreed upon, at an annual rate of $385,000. Executive’s Annual The Corporation shall review the Base Salary annually and in light of such review may, in the discretion of the Board of Directors of the Corporation increase (but not decrease) the Base Salary, and such adjusted Base Salary shall be reviewed at least annually by then constitute the Board but may not be reduced“Base Salary” for purposes of this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to ("Annual Base Salary") of no less than $500,000300,000, which shall be paid payable in accordance with the customary normal payroll practices for executives of the Company as in effect from time to time (the “Annual Base Salary”but no less frequently than monthly). Executive’s Such Annual Base Salary shall be reviewed subject to review annually in accordance with the review policies and practices for executives of the Company as in effect at least annually by the Board but may not be reducedtime of any such review.

Base Salary. During the Employment Period, the Executive shall be entitled to receive an initial annual base salary in an amount equal to One Million Dollars ($500,000, which shall be paid in accordance with the customary payroll practices of the Company 1,000,000) (the “Annual Base Salary”). Executive’s Annual The Base Salary shall be reviewed paid not less frequently than monthly and otherwise in accordance with the Company’s regular payroll practice. The Board shall review Base Salary at least annually by and may increase Base Salary in its sole discretion. The increased Base Salary shall thereafter be considered the Board but Base Salary and may not be reduceddecreased once increased.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary salary, payable in monthly or more frequent installments, in accordance with the usual payroll practice of the Company, in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company 250,000 (the “Annual "Base Salary”"). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced., less income tax

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal at the rate of $750,000, subject to $500,000, which shall be paid in accordance with review for increase (but not decrease) by the customary payroll practices Executive Compensation Committee of the Company Board (the “Committee”); provided, that, at no time shall the Committee be required to adjust the Annual Base Salary in connection with such review (such base salary, as adjusted pursuant to such Committee review from time to time, the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual rate of base salary in an amount equal to not less than $500,000350,000, which the Company shall pay at semi-monthly intervals, or otherwise at such intervals (not less frequently than monthly) as are used generally for the Company’s senior executives. The base salary shall be paid in accordance with the customary payroll practices of reviewed annually by the Company (through its Board or any Compensation Committee thereof) not later than June 30 of each calendar year and may be increased (but not decreased) by such amount as the “Annual Base Salary”). Executive’s Annual Base Salary Company in its sole discretion shall be reviewed at least annually by the Board but may not be reduceddetermine.

Base Salary. During the Employment Period, Executive shall receive an initial annual a base salary in an amount equal to $500,000(“Base Salary”), which shall be paid in accordance with equal installments on a bi-weekly basis, at the customary payroll practices rate of the Company Three Hundred Fifty Thousand Dollars (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced$350,000) per annum, less standard state and federal tax-related deductions and withholdings.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary ("Annual Base Salary") of Two Hundred Forty Thousand Dollars ($240,000). The Annual Base Salary may be modified from time to time by the Company’s Board of Directors, in an amount equal to $500,000, which its discretion upon recommendation from the CEO. The Annual Base Salary shall be paid in accordance with the customary Company's normal payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually subject only to such payroll and withholding deductions as are required by the Board but may not be reducedlaw.

Base Salary. During The Employer shall pay Executive an aggregate minimum annual salary at the rate of $550,000 per annum from the beginning of the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid in accordance with Period through the customary payroll practices end of the Company Employment Period (the “Annual Base Salary”). ExecutiveBase Salary shall be payable bi-weekly in accordance with the Employer’s Annual normal business practices. Base Salary shall be reviewed at least annually by the Board but may not be reducedor Compensation Committee of the Board at least annually.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary (the “Base Salary”) of $600,000 per annum. The Base Salary shall be subject to review from time to time by the Board or its delegate in an amount equal to $500,000, which its discretion. The Base Salary shall be paid in accordance with the customary Company’s normal payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedpractices.

Base Salary. During the Employment Period, the Executive shall receive an initial annual rate of base salary ("Base Salary") in an amount equal to not less than $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced250,000.

Base Salary. During the Employment Period, the Executive shall be entitled to receive an initial annual a base salary in an amount equal to at a rate of $500,000600,000.00 per annum, which base salary shall be paid payable in accordance with the customary payroll practices of the Company Company, with such increases (but no decreases) as may be determined by the Compensation Committee from time to time (as increased from time to time, the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, Executive shall receive an initial annual as compensation for his services a base salary at the rate of Four Hundred Thousand Dollars ($400,000) per annum payable in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of installments at such intervals as the Company pays its senior executive officers generally (the “Annual Base Salary”). Executive’s Annual The Base Salary shall be reviewed at least annually periodically by the Compensation Committee of the Board but may not be reduced(the “Compensation Committee”).

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary (the "Base Salary"), payable bi-weekly or in an amount equal to such other installments as may be agreed upon, at a minimum annual rate of $500,000600,000, which effective January 1, 2014. The Corporation shall be paid review the Base Salary annually and in accordance with light of such review may, in the customary payroll practices discretion of the Company Board of Directors of the Corporation increase (but not decrease) the “Annual Base Salary”). Executive’s Annual , and such adjusted Base Salary shall be reviewed at least annually by then constitute the Board but may not be reduced"Base Salary" for purposes of this Agreement.

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an initial annual base salary (the "Base Salary") in an amount regular equal to $500,000, which shall be paid installments in accordance with the customary Employer's usual payroll practices of the Company (the “Annual Base Salary”)practice. Executive’s Annual 's Base Salary for the first contract year shall be Three Hundred Thousand Dollars ($300,000), which Base Salary shall be reviewed subject to appropriate increase each year thereafter at least annually by the discretion of the compensation committee of the Board but may not be reducedof Directors (the "Compensation Committee").

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to ("ANNUAL BASE SALARY") of no less than $500,000254,500, which shall be paid payable in accordance with the customary normal payroll practices for executives of the Company as in effect from time to time (the “Annual Base Salary”but no less frequently than monthly). Executive’s Such Annual Base Salary shall be reviewed subject to review annually in accordance with the review policies and practices for executives of the Company as in effect at least annually by the Board but may not be reducedtime of any such review.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (the “Base Salary”) of no less than $500,000400,000, which shall be paid payable in accordance with the customary Company’s regular payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual The Base Salary shall be reviewed at least annually periodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but may not be reduceddecreased.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $400,000. The Compensation Committee of the Board of Directors (the “Compensation Committee”) shall review the Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedto determine whether increases are appropriate.

Base Salary. During the Employment PeriodTerm of Employment, Executive shall will be entitled to receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $750,000. Beginning in 2017, the Compensation Committee of the Board of Directors (the “Compensation Committee”) will review Executive’s Annual Base Salary shall annually to determine whether increases are appropriate. Any such increased amount will thereafter be reviewed at least annually by the Board but may not be reducedExecutive’s “Base Salary” for purposes under this Agreement.

Base Salary. During the Term of Employment Periodor Renewed Term of Employment, if any, the Executive shall receive an initial annual a base salary in an (“Base Salary”) at a rate of $700,000 per annum (or such greater amount equal to $500,000, which as shall be paid recommended by the Company’s Chief Executive Officer and approved by the Executive Compensation Committee), payable monthly or more frequently in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)Company’s practice as applied to other senior executives. Executive’s Annual Base Salary Such base salary shall be reviewed at least annually by the Board but may not be reducedannually.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid per annum (“Base Salary”) payable in accordance with the customary Company’s normal payroll practices of no less than US $275,000. The Board shall review the Company Executive’s Base Salary annually and may, in its sole discretion, increase (but not decrease) the “Annual Executive’s Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company 350,000 per annum (the “Annual Base Salary”). Executive’s Annual The Base Salary shall be reviewed at least annually by the Compensation Committee (the “Compensation Committee”) of the Board (the “Board”) and may be increased from time to time by the Compensation Committee in its sole discretion. The Base Salary shall be paid in installments in accordance with the Company’s applicable payroll practices, as in effect from time to time, but may not be reducedno less often than monthly.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $500,0001,000,000.00, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to of $500,000170,000 (the "Annual Base Salary"), which shall be paid payable in accordance with the customary Company's normal payroll practices of the Company (the “Annual Base Salary”)for executives as in effect from time to time. Executive’s Such Annual Base Salary shall be reviewed subject to review annually in accordance with the Company's review policies and practices for executives as in effect at least annually by the Board but may not be reducedtime of any such review.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to $500,000600,000 (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company Company. The Base Salary will be reviewed by the Board or the Compensation Committee of the Board (the “Annual Compensation Committee”) or its designee annually. The Base Salary”). Executive’s Annual , as then increased, will be the “Base Salary shall be reviewed at least annually by the Board but may not be reducedSalary” for all purposes of this Employment Agreement.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to of $500,000, which shall be paid in accordance with the customary payroll practices of the Company 200,000 (the “Annual Base Salary”), payable in accordance with the Company’s normal payroll practice for executives as in effect from time to time. Executive’s The Annual Base Salary shall be reviewed subject to review annually in accordance with the Company’s review policies and practices for executives as in effect at least annually by the Board but may not be reducedtime of any such review.

Base Salary. During the Employment PeriodTerm, Employer shall pay to Executive shall receive an initial annual a base salary in at the rate of $425,000.00 on an amount equal to $500,000, which annualized basis (the “Base Salary”). Executive’s Base Salary shall be paid subject to periodic adjustments (but not decreases) as the Board or the Compensation Committee of the Board (“Compensation Committee”) shall, in its discretion, deem appropriate. As used in this Agreement, the term “Base Salary” shall refer to Base Salary as may be adjusted from time to time. Base Salary shall be payable in accordance with the customary payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedEmployer.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000400,000, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial aggregate annual base salary in (“Base Salary”) at an amount equal to initial rate of $500,000615,000.00, which shall be paid payable in accordance with the customary Company’s applicable payroll practices of the Company (the “Annual Base Salary”)practices. Executive’s Annual Base Salary shall be reviewed at least annually by the Board and increased (but may not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be reduceddeemed to refer to the most recently effective annual base salary rate.

Base Salary. During the Employment Period, Executive shall receive an initial annual base as compensation for his services a salary in an amount equal to at the rate of Five Hundred Thousand Dollars ($500,000, which shall be paid ) per annum payable in accordance with the customary payroll practices of equal installments at such intervals as the Company pays its senior executive officers generally (the “Annual Base Salary”). Executive’s Annual The Base Salary shall be reviewed at least annually by the Board but of Directors and may not be reducedincreased by the Board of Directors in its absolute and sole discretion.

Base Salary. During the Employment Period, the Executive shall ----------- receive from the Company an initial annual base salary in an amount equal to ("Annual Base Salary") of $500,000330,750, which shall be paid payable in accordance with the customary Company's normal payroll practices of the Company (the “Annual Base Salary”)policy. The Executive’s 's Annual Base Salary shall be reviewed at least subject to review annually by the Board but may not be reducedBoard.

Base Salary. During The Executive shall be entitled to receive a base salary from the Company during the Employment Period, Executive shall receive an initial annual Period at the rate of Five hundred twenty-five thousand ($525,000) per year. The Executive’s base salary in an amount equal to $500,000shall be reviewed annually by the Board or the Compensation Committee of the Board (the “Committee”), which and may be increased (but not decreased). The base salary shall be paid in accordance with the customary Company’s payroll practices of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedprocedures as in effect from time-to-time.

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an initial annual base salary in an amount equal to $500,000, which shall be paid (“Base Salary”) payable in accordance with the customary Company’s normal payroll practices of no less than $695,000 (effective as of the Company (consummation of the “Annual Base Salary”Mergers). The Board shall review the Executive’s Annual Base Salary shall be reviewed at least annually by (beginning January 2014) and may, in the discretion of the Board but may not be reducedof Directors or a committee thereof, upwardly adjust Executive’s Base Salary as of January 1 of each year of the Term of Employment.”

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to $500,000950,000 (as may be adjusted from time to time, the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company Employer (but no less frequently than in equal monthly installments). The Annual Base Salary will be reviewed by the Parent Board or the Compensation Committee of the Parent Board (the “Annual Base SalaryCompensation Committee”). Executive’s Annual Base Salary shall be reviewed at least ) or its designee annually by the Board but may not be reducedfor adjustments.

Base Salary. During the Employment Period, the Executive shall receive an initial annual a base salary in an amount equal to at a rate of five hundred thousand dollars ($500,000500,000.00) per annum, which shall be paid in accordance with the customary payroll practices of the Company Company, subject to periodic review by the Board or the compensation committee thereof (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to (“Annual Base Salary”) of not less than $500,000318,000, which shall be paid in accordance with the customary Company’s normal payroll practices practice. Thereafter, the Board or the Executive Compensation and Development Committee of the Company Board (the “ECDC”) shall review annually Executive’s compensation and may elect to increase his Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an initial a minimum annual base salary in an amount ("Base Salary") equal to $500,000250,000, which shall be paid payable in accordance with the customary payroll practices as in effect from time to time for senior executives of the Company. The Board shall review the Executive's Base Salary no less frequently than annually commencing no later than January 1, 1996, for possible increases of such Base Salary in relationship to the goals and performance of the Company (the “Annual Base Salary”). Executive’s Annual Base Salary shall be reviewed at least annually by the Board but may not be reducedand prevailing competitive conditions.

Base Salary. During the Employment PeriodTerm, the Executive shall receive an initial annual annualized base salary in an amount equal to $500,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”)) of not less than $675,000 payable pursuant to the Company’s normal payroll practices. Executive’s During the Employment Term, the current Annual Base Salary shall be reviewed for increase at least annually by such time, and in the Board but may not be reducedsame manner as the salaries of senior officers of the Company are reviewed generally.