Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 1,500,000, payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Period, which the current Annual Base Salary shall be reviewed for increase only at least annuallysuch time as the salaries 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 Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of no less than $220,000 paid 600,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but not decreased.

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $520,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually 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, 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 $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at an annual rate at least annually.equal to 12 times the highest monthly base salary paid or payable, including any base salary

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”) "), which shall be paid at a monthly rate, at least equal to the highest annualized (for any fiscal year consisting of $220,000 paid in accordance less than twelve full months or with respect to which the normal payroll practices of Executive has been employed by the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.less than twelve full

Base Salary. During the Employment Period, the Executive shall receive from the Company an annual base salary (“Annual Base Salary”) of $220,000 paid 1,682,801, payable in regular intervals in accordance with the normal Company’s customary payroll practices of the Company as may be in effect from time to time, which during the Employment Period; provided that such Annual Base Salary shall be reviewed for increase at least annuallyincreased by 2% (from the Annual Base Salary theretofore in effect) on each January 1 during the Employment Period commencing January 1, 2016 and shall be payable in accordance with the preceding sentence.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of $220,000 paid in accordance with the normal payroll compensation policies and practices established by the Compensation and Organization Committee of KeyCorp's Board of Directors, provided that in no event shall the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyless than the annual base salary as in effect immediately prior to the Commencement Date.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 950,000. During the normal payroll practices Employment Period, the Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Company Board (the “Compensation Committee”) for increase, but not decrease. The term Annual Base Salary as may be utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time, which including any increases. Such Annual Base Salary shall be reviewed for increase at least annuallypayable in monthly or more frequent installments in accordance with the Company’s payroll policies applicable to executive officers.

Base Salary. During the Employment Period, the ------------ ----------- Executive shall receive an annual base salary (“"Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time"), which Annual Base Salary shall be reviewed for increase paid at a monthly rate, at least annually.equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $220,000 paid 500,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically, and, if adjusted (but not below $500,000), the term “Base Salary” shall refer to such adjusted amount.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) at a rate of not less than $220,000 paid 1,000,000 payable in accordance with the Company’s normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypolicies.

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 (“Annual Base Salary”) of $220,000 190,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed subject to annual review by the Board, in its sole discretion; for possible increase at least annuallyand any such increased Annual Base Salary shall constitute “Annual Base Salary” for purposes of this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 (which shall be paid in accordance equal bi-monthly installments) at least equal to twelve times the highest monthly base salary paid or payable to the Executive by the Company and its affiliated companies in respect of the twelve-month period immediately preceding the month in which the Effective Date occurs. As used in this Agreement, the term “Affiliated Compan(ies)” includes any company controlled by, controlling or under common control with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyCompany.

Base Salary. During the Employment Period, the Executive shall receive from the Company an annual base salary (“Annual Base Salary”) of $220,000 paid 2,008,600, payable in regular intervals in accordance with the normal Company’s customary payroll practices of the Company as may be in effect from time to time, which during the Employment Period; provided that such Annual Base Salary shall be reviewed for increase at least annuallyincreased by 2% (from the Annual Base Salary theretofore in effect) on each January 1 during the Employment Period commencing January 1, 2016 and shall be payable in accordance with the preceding sentence.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of no less than $220,000 paid 400,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but not decreased.

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an annual base salary (“Annual a Base Salary”) , payable in equal monthly installments at such times during each month as is customary with Employer with respect to its senior executives, at a rate of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually258,750 per annum.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $220,000 paid in accordance with 1,000,000. The Executive’s Annual Base Salary shall be reviewed annually by the normal payroll practices Compensation Committee of the Company Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives. The term Annual Base Salary as may be utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time, which . Such Annual Base Salary shall be reviewed for increase at least annuallypayable in monthly or more frequent installments in accordance with the Company’s payroll policies.

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 260,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Company shall pay the Executive shall receive an annual base salary of $400,000 (“"Annual Base Salary”) of $220,000 paid "), payable in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyequal installments not less frequently than monthly.

Base Salary. During With respect to each full calendar year during the Employment Period, the Executive shall be entitled to receive an annual base salary (“"Annual Base Salary”") of equal to $220,000 900,000. Such Annual Base Salary shall be paid in accordance with the normal Company's payroll policies and practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyexecutive employees.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $475,000, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an annual rate of base salary (“Annual "BASE SALARY") in an amount not less than $350,000. Executive's Base Salary”Salary will be reviewed by the Company annually and may be adjusted upward (but not downward) of $220,000 paid at such time. Base Salary shall be payable in accordance with the Company's normal payroll practices of the Company as may be business practices, but in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyno event less frequently than monthly.

Base Salary. During the Employment Period, Executive shall receive an annual base salary per calendar year of $190,000 (“Annual Base Salary”) of $220,000 ), which shall be paid in accordance with the normal customary payroll practices of the Company as and shall be prorated for the year ending December 31, 2006, and for any other partial year of service. The Company may be in effect from time to time, which review and adjust Executive’s Annual Base Salary. The term Annual Base Salary as utilized in this Agreement shall be reviewed for increase at least annuallyrefer to Annual Base Salary as so adjusted.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $225,000 (“the "Annual Base Salary”) of $220,000 paid "), payable in accordance with the Company's normal payroll practices of the Company practice for executives as may be in effect from time to time, which . The Annual Base Salary shall be reviewed subject to review annually in accordance with the Company's review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, the Executive shall receive an a minimum annual base salary (“"Annual Base Salary”") of equal to $220,000 paid 240,000, payable in accordance with the normal customary payroll practices of the Company as may be in effect from time to time for senior executives of the Company. The Board, from time to time, which shall review the Executive's Annual Base Salary shall be reviewed for increase at least annuallypossible increases of such Base Salary in relationship to the goals and performance of the Company, prevailing competitive conditions and significant milestones achieved by the Company.

Base Salary. During the Employment PeriodTerm, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 425,000 payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Term, which the current Annual Base Salary shall be reviewed for increase at least annuallysuch time, and in the same manner as the salaries of senior officers of the Company are reviewed generally.

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 $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually 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, Executive shall receive an annual base salary in an amount equal to no less than Six Hundred and Fifty Thousand Dollars (“Annual Base Salary”) of $220,000 650,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for increase at least annuallypartial calendar years of employment and shall be subject to annual review by the Board (or a committee thereof), in its sole discretion.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $200,000 (the “Annual Base Salary”) of $220,000 paid ), payable in accordance with the Company’s normal payroll practices of the Company practice for executives as may be in effect from time to time, which . The Annual Base Salary shall be reviewed subject to review annually in accordance with the Company’s review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time), which Annual Base Salary shall be reviewed for increase paid at a monthly rate, at least annually.equal to 12 times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $220,000 paid 4,800,000, which shall be payable in accordance with the normal payroll practices of Lazard Group. The term “Base Salary” shall refer to the Company as may be in effect from time to time, which Annual Base Salary shall as it may be reviewed for increase at least annuallyincreased.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of Two Hundred Forty Thousand Dollars ($220,000 240,000). The Annual Base Salary may be modified from time to time by the Company’s Board of Directors, in its discretion upon recommendation from the CEO. The Annual Base Salary shall be paid in accordance with the Company's normal payroll practices of the Company subject only to such payroll and withholding deductions as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyare required by law.

Base Salary. During the Employment Period, the Executive shall continue to receive an annual annualized base salary (“Annual Base Salary”) of $220,000 paid in accordance with 750,000, payable pursuant to the Company’s normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 450,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”"ANNUAL BASE SALARY") of no less than $220,000 paid 254,500, payable in accordance with the normal payroll practices for executives of the Company as may be in effect from time to time, which time (but no less frequently than monthly). Such Annual Base Salary shall be reviewed subject to review annually in accordance with the review policies and practices for increase executives of the Company as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, Executive shall receive an the Executive’s annual base salary (“Annual Base Salary”) of $220,000 paid shall be payable in accordance with the normal Company’s general payroll practices of the Company as may be in effect from time to time, which practices. The Executive’s Annual Base Salary shall be reviewed for increase at least annually$175,000. The Executive’s Annual Base Salary (as increased from time to time) may not be decreased during the Employment Period. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation of the Company under this Agreement.

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an annual base salary (“Annual Base Salary”) , payable in equal monthly installments at such times during each month as is customary with Employer with respect to its senior executives, at a rate of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually250,000 per annum.

Base Salary. During the Employment Contract Period, the Executive shall receive an annual base salary of $500,000 (“Annual Base Salary”) of $220,000 paid ). The Annual Base Salary shall be payable in accordance with the normal Company’s regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which 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 not be reviewed for increase at least annuallydecreased after any such increase.

Base Salary. During the Employment Period, Executive shall receive an the Executive's annual base salary (“"Annual Base Salary”") of $220,000 paid shall be payable in accordance with the normal Company's general payroll practices of the Company as may be in effect from time to time, which practices. The Executive's Annual Base Salary shall be reviewed for increase at least annually$175,000. The Executive's Annual Base Salary (as increased from time to time) may not be decreased during the Employment Period. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation of the Company under this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of not less than $220,000 405,000, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) in the gross amount of Three Hundred Twenty Five Thousand dollars ($220,000 paid 325,000), payable in accordance with the normal payroll practices of the Company as may be in effect from time to timeCompany. During the Employment Period, which at least annually, the Annual Base Salary shall be reviewed for increase at least annuallyand may be increased (but not decreased). After any such increase, the term “Annual Base Salary” shall refer to Annual Base Salary as so increased.

Base Salary. During the Employment Period, Executive shall receive from the Company an annual base salary (“Annual Base Salary”) at the rate of $220,000 paid 335,000.00, with such salary to be adjusted at such times, if any, and in accordance with such amounts as recommended by the normal payroll practices of Chief Executive Officer and approved by the Company as may be in effect from time to time, which Board or a committee thereof. Executive’s Annual Base Salary shall be reviewed for increase at least annuallysubject to annual review by the Chief Executive Officer and the Board during the Employment Term. The Company shall pay the Annual Base Salary to Executive in accordance with the Company’s and RRI’s normal payroll policy.

Base Salary. During the Employment Contract Period, the Executive shall receive an annual base salary of $375,000 (“Annual Base Salary”) of $220,000 paid ). The Annual Base Salary shall be payable in accordance with the normal Company’s regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which and shall be subject to all applicable withholding requirements. During the Contract Period, the Annual Base Salary may be reviewed by the Company for possible increase, and the Executive’s Annual Base Salary shall not be reviewed for increase at least annuallydecreased after any such increase.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $1,000,000.00, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually 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 annual base salary (“"Annual Base Salary”") of no less than $220,000 paid 300,000, payable in accordance with the normal payroll practices for executives of the Company as may be in effect from time to time, which time (but no less frequently than monthly). Such Annual Base Salary shall be reviewed subject to review annually in accordance with the review policies and practices for increase executives of the Company as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time"), which Annual Base Salary shall be reviewed for increase paid at a bi-weekly rate, at least annually.equal to twenty-six times the highest bi-weekly base salary paid or payable to the Executive by the Corporation, together with any of its affiliated companies, during the twelve-month period immediately preceding the month in which the Effective Date

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary (“Annual "Base Salary”") as determined by the Compensation Committee from time to time. Commencing January 1, 2000, the Executive's Base Salary shall be at a rate of not less than $220,000 paid 240,000. The Base Salary shall be payable in accordance with the normal Company's regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Executive shall receive an annual rate of base salary (“Annual "Base Salary”") of in an amount not less than $220,000 paid 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 payable in accordance with the Company's normal payroll practices of the Company as may be business practices, but in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyno event less frequently than monthly.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“the "Annual Base Salary”") of three hundred seventy five thousand dollars ($220,000 paid 375,000), payable in accordance with the normal regular payroll practices of the Company as may be in effect from time to timeCompany. During the Employment Period, which the Annual Base Salary shall may be reviewed by the Board for increase at least annuallypossible increases.

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an annual base salary (“Annual a Base Salary”) , payable in equal monthly installments at such times during each month as is customary with Employer with respect to its senior executives, at a rate of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually267,800 per annum.

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to four hundred thousand dollars (“Annual Base Salary”) of $220,000 400,000), which shall be paid in accordance with the normal customary payroll practices of the Company and prorated for partial calendar years of employment (as may be in effect from time to time, which the “Annual Base Salary shall be reviewed for increase at least annuallySalary”).

Base Salary. During the Employment Period, ----------- the Executive shall receive an annual base salary (“"Annual Base Salary”") of not less than $220,000 500,000, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time and shall apply retroactively to timeMay 5, which Annual Base Salary shall be reviewed for increase at least annually2004.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of $220,000 at least equal to twelve times the monthly base salary paid in accordance with or payable to the normal payroll practices of Executive immediately prior to the Company as may be in effect from time to timedate hereof. During the Employment Period, which the Annual Base Salary shall be reviewed for increase at least annually.annually and

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to Three Hundred Fifty Thousand Dollars (“Annual Base Salary”) of $220,000 350,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for increase at least annuallypartial calendar years of employment and shall be subject to annual review as determined by the Board of Directors of the Company (the “Board”), in its sole discretion.

Base Salary. During the Employment Period, Executive shall receive an initial annual base salary in an amount equal to $1,000,000.00, which shall be paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which ). Executive’s Annual Base Salary shall be reviewed for increase at least annuallyannually by the Board but may not be reduced.

Base Salary. During the Employment Period, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 1,200,000, payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Period, which the current Annual Base Salary shall be reviewed for increase only at least annuallysuch time as the salaries 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 Period, the Executive shall receive from the Company an annual base salary (“"Annual Base Salary”") of $220,000 paid 575,000, payable in accordance with the normal payroll practices of the Company as equal installments at intervals not less frequent than monthly. The Executive's Annual Base Salary may be increased by the Board which shall review it annually in effect from time to time, which January of each year. The Executive's Annual Base Salary shall not be reviewed for increase at least annuallyreduced 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 Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of $220,000 at an annual rate at least equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and the Affiliated Companies in accordance with the normal payroll practices respect of the Company as may be 12-month period immediately preceding the month in effect from time to time, which the Effective Date occurs. The Annual Base Salary shall be reviewed for increase paid at least annually.such intervals as the Company or the Bank (as applicable)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“his Annual Base Salary”) of $220,000 , which will be paid in accordance with the normal Company's regular payroll practices of the Company policies as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary (“Annual "Base Salary”") as determined by the Compensation Committee from time to time. Commencing January 1, 2000, the Executive's Base Salary shall be at a rate of not less than $220,000 paid 345,000. The Base Salary shall be payable in accordance with the normal Company's regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual "Base Salary”") of equal to $220,000 paid 50,000.00 , payable in accordance with the normal customary payroll practices of the Company procedures as may be in effect from time to time, which Annual Base Salary shall be reviewed time for increase at least annuallysenior executives of the Company.

Base Salary. During the Employment PeriodTerm, and any subsequent renewal term, Executive shall will be entitled to receive an annual base salary (“Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as 1,000,000.00. This Base Salary will be reviewed annually and may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyadjusted.

Base Salary. During the Employment PeriodTerm, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 375,000 payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Term, which the current Annual Base Salary shall be reviewed for increase at least annuallysuch time, and in the same manner as the salaries of senior officers of the Company are reviewed generally.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $170,000 (“the "Annual Base Salary”) of $220,000 paid "), payable in accordance with the Company's normal payroll practices of the Company for executives as may be in effect from time to time, which . Such Annual Base Salary shall be reviewed subject to review annually in accordance with the Company's review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to $600,000 (the “Annual Base Salary”) of $220,000 ), which shall be paid in accordance with the normal customary payroll practices of the Company as may be in effect from time to time, which Annual Company. The Base Salary shall will be reviewed by the Board or the Compensation Committee of the Board (the “Compensation Committee”) or its designee annually. The Base Salary, as then increased, will be the “Base Salary” for increase at least annuallyall purposes of this Employment Agreement.

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 (“Annual Base Salary”) of $220,000 235,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for partial calendar years of employment and shall be subject to annual review and possible increase at least annuallyas determined by the Board, in its sole discretion.

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (“the "Annual Base Salary”") at the annual rate of $220,000 paid 425,000. The Annual Base Salary shall be payable in accordance with the normal Company's payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallysubject to applicable taxes and withholding, but no less frequently than in equal monthly installments.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of Three Hundred Thousand Dollars ($220,000 300,000). The Annual Base Salary may be modified from time to time by the Company’s Board of Directors, in its discretion upon recommendation from the CEO. The Annual Base Salary shall be paid in accordance with the Company’s normal payroll practices of the Company subject only to such payroll and withholding deductions as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyare required by law.

Base Salary. During the Employment Period, the ------------ ----------- Executive shall receive an annual base salary (“"Annual Base Salary”") of $220,000 275,000. The Annual Base Salary shall be paid in accordance with the normal payroll practices of the Company as Company, and may be in effect increased (but not decreased) from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyin the discretion of the Board.

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount determined consistent with the Company's compensation philosophy (“Annual Base Salary”) of $220,000 paid and payable in accordance with the normal prevailing payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyCompany.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $220,000 paid 735,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically, and, if adjusted (but not below $735,000), the term “Base Salary” shall refer to such adjusted amount.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of $220,000 375,000. The Annual Base Salary shall be paid in accordance with the Company's normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Period, which the Annual Base Salary shall be reviewed (for purposes of increases only) by the Board of Directors from time to time as they determine. Any increase at least annuallyin Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (of $900,000, which shall be paid in accordance with the Company’s payroll policies for senior executive officers of the Company. The annual base salary shall be subject to annual review by the Compensation Committee for fiscal years commencing in 2016 and thereafter, but shall not be decreased below $900,000. The annual base salary as in effect from time to time during the Employment Period, is referred to herein as “Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $238,000 payable pursuant to the Company’s normal payroll practices, but no less frequently than monthly (“Annual Base Salary”) of $220,000 paid ). Commencing in accordance with 2001, the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary then in effect shall be reviewed for increase at least annuallyby the Company by no later than April 15th of each year and may be increased (but not decreased) by such amount as the Company in its sole discretion shall determine.

Base Salary. During the Employment Period, the ----------- Executive shall receive an annual base salary (“"Annual Base Salary”) of $220,000 "), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in accordance with the normal payroll practices respect of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.twelve-month period

Base Salary. During the Employment PeriodTerm, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 675,000 payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Term, which the current Annual Base Salary shall be reviewed for increase at least annuallysuch time, and in the same manner as the salaries of senior officers of the Company are reviewed generally.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 paid 1,000,000, payable in accordance with the normal regular payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyCompany.

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (“Annual Base Salary”) of $220,000 at a monthly rate at least equal to the monthly salary paid in accordance with to the normal payroll practices of Executive by the Company as may be in effect from time and any Affiliate immediately prior to time, which Annual Base Salary the Effective Date. The base salary shall be reviewed for increase at least annually.once each year after the Effective Date, and may be increased (but not decreased) at any time and from time to

Base Salary. During the Employment Period, the ------------ ----------- Executive shall receive an annual base salary (“"Annual Base Salary”") of $220,000 170,000. The Annual Base Salary shall be paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyCompany.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 paid 360,000, payable in accordance with the normal regular payroll practices of the Company as may be in effect from time to time, which Annual Base Salary Company. The Executive’s base salary shall be reviewed annually by the Committee and/or the Chief Executive Officer of the Company, in accordance with the Company’s standard practices for increase at least annuallyexecutives generally, and may be increased, but not decreased, as determined by the Committee, in its sole discretion, or by any person or persons to whom the Committee has delegated such authority.

Base Salary. During the Employment Period, Period the Executive shall receive an annual base salary (“"Annual Base Salary”) of $220,000 "), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in accordance with the normal payroll practices respect of the Company as may be twelve-month period immediately preceding the month in effect from time to timewhich the Effective Date occurs. During the Employment Period, which the Annual Base Salary shall be reviewed for increase at least annually.Salary

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $180,000 (“the "Annual Base Salary”) of $220,000 paid "), payable in accordance with the Company's normal payroll practices of the Company for executives as may be in effect from time to time, which . Such Annual Base Salary shall be reviewed subject to review annually in accordance with the Company's review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Base Salary. During the Employment PeriodTerm, the Executive shall receive an annual annualized base salary (“Annual Base Salary”) of not less than $220,000 paid in accordance with 850,000 payable pursuant to the Company’s normal payroll practices of practices. During the Company as may be in effect from time to timeEmployment Term, which the current Annual Base Salary shall be reviewed for increase at least annuallysuch time, and in the same manner as the salaries of senior officers of the Company are reviewed generally.

Base Salary. During With respect to each full calendar year during the Employment Period, the Executive shall be entitled to receive an annual base salary (“"Annual Base Salary”") of at an annual rate equal to $220,000 500,000 for calendar year 1998, $525,000 for calendar year 2000 and $550,000 for calendar year 2001. Such Annual Base Salary shall be paid in accordance with the normal Company's payroll policies and practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyexecutive employees.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $290,000 (“the "Annual Base Salary”) of $220,000 paid "), payable in accordance with the Company's normal payroll practices of the Company practice for executives as may be in effect from time to time, which . The Annual Base Salary shall be reviewed subject to review annually in accordance with the Company's review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $220,000 paid 210,000 in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase an amount at least annuallyequal to that which he was receiving immediately prior to the Change in Control.

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (“"Annual Base Salary”) of $220,000 "), which shall be paid in accordance with equal installments on a semi-monthly basis, at the normal payroll practices annual rate of not less than Three Hundred Thousand Dollars ($300,000). During the Company as may be in effect from time to timeEmployment Period, which the Annual Base Salary shall be reviewed for increase at least annuallyannually by the Board or a committee thereof. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (“the "Annual Base Salary”") at the annual rate of $220,000 paid 500,000. The Annual Base Salary shall be payable in accordance with the normal Company's payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallysubject to applicable taxes and withholding, but no less frequently than in equal monthly installments.

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary in an annualized amount of $750,000 (the “Annual Base Salary”) of $220,000 paid ). The Annual Base Salary shall be payable in accordance with the normal Company's payroll practices of the Company as may be policies in effect from time to time, which . The Annual Base Salary shall will be reviewed for annually and will be subject to increase at least annually(but not decrease) during the Employment Period.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“the "Annual Base Salary”") of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at an annual rate at least annually.equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of not less than $220,000 415,000, which shall be paid in accordance with the Company’s normal payroll practices practice. Thereafter, the Board or the Executive Compensation and Development Committee of the Company as Board (“ECDC”) shall review annually Executive’s compensation and may be in effect from time elect to time, which increase his Annual Base Salary shall be reviewed for increase at least annuallySalary.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) Salary of $220,000 paid 250,000, payable in accordance with the normal regular payroll practices of the Company as may be in effect from time to time, which Annual Base Salary Company. The Executive’s base salary shall be reviewed annually by the Committee and/or the Chief Executive Officer of the Company, in accordance with the Company’s standard practices for increase at least annuallyexecutives generally, and may be increased, but not decreased, as determined by the Committee, in its sole discretion, or by any person or persons to whom the Committee has delegated such authority.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”) of $220,000 "), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in accordance with the normal payroll practices respect of the Company as may be 12-month period immediately preceding the month in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.the

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) at a rate of no less than $220,000 paid 900,000, which shall be payable in accordance with the normal payroll practices of Lazard Group. The term “Annual Base Salary” shall refer to the Company as may be in effect from time to time, which Annual Base Salary shall as it may be reviewed for increase at least annuallyincreased.

Base Salary. During the Employment Period, Executive shall receive an annual a base salary (“Annual Base Salary”) of $220,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary but in no event less frequently than monthly. The base salary shall be reviewed for increase adjustment at least annually. The base salary as determined herein and adjusted from time to time shall constitute (“Base Salary”) for purposes of this Agreement.

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“"Annual Base Salary”") of not less than $220,000 400,000, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $220,000 350,000 per year paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.