Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 3 contracts
Sources: Executive Employment Agreement (Venture Global, Inc.), Executive Employment Agreement (Venture Global, Inc.), Executive Employment Agreement (Venture Global, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 323,950 in near equal, periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”” It is not expected that Executive’s Base Salary will increase until the expiration of the Initial Term.
Appears in 3 contracts
Sources: Executive Employment Agreement (Crexendo, Inc.), Executive Employment Agreement (Crexendo, Inc.), Executive Employment Agreement (Crexendo, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of annualized base salary of $1,500,000 340,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 3 contracts
Sources: Employment Agreement, Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)
Base Salary. The Company Executive shall pay the Executive receive an annual rate of base salary (“Annual Base Salary”) of no less than $1,500,000 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypolicies.”
Appears in 3 contracts
Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)
Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company shall pay to the Executive an annual rate of base salary of $1,500,000 in periodic installments each month in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Board, is hereinafter referred to with any such increase taking effect as “Base Salaryof the first day of the applicable calendar year.”
Appears in 3 contracts
Sources: Employment Agreement, Employment Agreement (Neuronetics, Inc.), Employment Agreement (Neuronetics, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may increase but not decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 3 contracts
Sources: Employment Agreement (La Rosa Holdings Corp.), Employment Agreement (La Rosa Holdings Corp.), Employment Agreement (La Rosa Holdings Corp.)
Base Salary. The Company shall pay the Executive an A base annual rate of base salary of $1,500,000 in periodic installments 331,000, payable in accordance with the CompanyEmployer’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlystandard practice for other senior executives. The Executive’s base salary shall be reviewed at least annually subject to annual review by the CompanyBoard’s Compensation Committee for discretionary periodic increases (but not decreases) in accordance with the Employer’s compensation policies. The Executive’s annual base salary, as in effect from time References to time, is hereinafter referred to as “Base Salary” in this Agreement shall be to the base salary set forth in this Paragraph 4(a) and shall include any increases to such base salary.”
Appears in 2 contracts
Sources: Executive Employment Agreement (GEE Group Inc.), Executive Employment Agreement (GEE Group Inc.)
Base Salary. The Company shall pay the Executive an A base annual rate of base salary of $1,500,000 in periodic installments 300,000, payable in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlyEmployer's standard practice for other senior executives. The Executive’s 's base salary shall be reviewed at least annually subject to annual review by the CompanyBoard's Compensation Committee for discretionary periodic increases in accordance with the Employer's compensation policies. The Executive’s annual base salary, as in effect from time References to time, is hereinafter referred to as “"Base Salary" in this Agreement shall be to the base salary set forth in this Paragraph 4.a and shall include any increases to such base salary made hereby.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Upexi, Inc.), Executive Employment Agreement (GEE Group Inc.)
Base Salary. The Company shall will pay the Executive an annual rate of base salary (“Base Salary”) of Two Hundred Thousand Dollars ($1,500,000 200,000), payable in periodic substantially equal monthly or more frequent installments in accordance with the Company’s normal and customary payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Board may review and further adjust Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect Base Salary from time to timetime in its sole and absolute discretion, is hereinafter referred to as provided that during the Employment Period the Company may not decrease Executive’s Base Salary below the amount set forth in this section. Any such increased Base Salary shall be and become the “Base Salary” for purposes of this Agreement.”
Appears in 2 contracts
Sources: Employment Agreement (Professional Diversity Network, LLC), Employment Agreement (Professional Diversity Network, LLC)
Base Salary. The Company Executive shall pay the Executive receive an annual rate of base salary (“Annual Base Salary”) of no less than $1,500,000 438,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypolicies.”
Appears in 2 contracts
Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)
Base Salary. The Company Employer shall pay the to Executive an annual rate of annualized base salary of Four Hundred Sixty-Eight Thousand Dollars ($1,500,000 in periodic installments 468,000) (the "Base Salary"), less taxes and applicable withholdings, payable in accordance with the Company’s customary payroll practices Employer' s regularly scheduled payroll. Base Salary will be subject to review and applicable wage payment lawsadjustment in accordance with Employer's normal performance review practices, but no less frequently than monthlyannually. The Effective as of the date of any change to Executive’s base salary 's Base Salary, the Base Salary as so changed shall be reviewed at least annually by considered the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “new Base SalarySalary for all purposes of this Agreement.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Histogen Inc.), Executive Employment Agreement (Histogen Inc.)
Base Salary. The During the Term, the Company shall pay the Executive an annual rate of base salary in the amount of $1,500,000 in periodic installments 1,000,000 (“Base Salary”), less applicable payroll taxes and withholdings, payable in accordance with the Company’s customary normal payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Company will review Executive’s base salary shall be reviewed at least annually by Base Salary annually, and, in the sole discretion of the Company. The Executive’s annual base salary, as in effect may increase (but may not decrease) such Base Salary from time to time, is hereinafter referred but shall not be obligated to as “Base Salaryeffectuate any increase.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)
Base Salary. The During the Employment Term, the Company shall pay the Executive an annual rate of base salary of $1,500,000 400,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee and the Compensation Committee may, but shall not be required to, increase (but not decrease) the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Vapotherm Inc)
Base Salary. The As of the Effective Date, the Company shall pay the Executive an annual salary rate of base salary of Three Hundred Sixty-Five Thousand Dollars ($1,500,000 in periodic installments in accordance 365,000), with such amounts to be paid on a bi-weekly basis (“Base Salary”) pursuant to the Company’s customary standard payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary Base Salary shall be reviewed at least annually by for consideration of appropriate merit increases and, once established, the Company. The Base Salary shall not decrease during the Term without the consent of Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Affirmative Insurance Holdings Inc), Executive Employment Agreement (Affirmative Insurance Holdings Inc)
Base Salary. The During the Term the Executive’s annual base salary shall be Two Hundred Fifty Thousand Dollars ($250,000.00) per year, which shall be payable by the Company shall pay to the Executive an annual rate of base salary of $1,500,000 in periodic installments in accordance consistent with the Company’s normal payroll schedule, subject to customary payroll practices and withholding as required by applicable wage payment laws, but no less frequently than monthlylaw. The Executive’s This annual base salary shall be reviewed at least annually by the Company. The Board periodically, and the Board may adjust the Executive’s annual base salary, as in effect salary from time to timetime as the Board deems to be appropriate subject to Executive’s performance, is hereinafter referred to as “Base Salarythe Company’s financial condition and market conditions.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Oragenics Inc), Executive Employment Agreement (Oragenics Inc)
Base Salary. The Company Corporation shall pay the Executive an annual rate of base salary (the “Base Salary”) of $1,500,000 in periodic installments 294,000, less applicable withholding and other deductions, payable in accordance with the CompanyCorporation’s customary then current payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary shall Base Salary will be reviewed at least annually by the Company. The ExecutiveCorporation’s annual base salaryBoard of Directors and may be increased, as but not decreased, in effect from time to timeits sole discretion, is hereinafter referred to as “in which event any increased Base SalarySalary shall be deemed the Base Salary under this Agreement.”
Appears in 2 contracts
Sources: Employment Agreement (Intersections Inc), Employment Agreement (Intersections Inc)
Base Salary. The Company Employer shall pay the Executive an annual rate of base salary of $1,500,000 EUR 255,825 in periodic installments in accordance with under the Company’s 's customary payroll practices and applicable wage payment laws, . The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but no less frequently than monthlynot decrease) the Executive's base salary during the Employment Term. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”"
Appears in 2 contracts
Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 750,000 USD in periodic installments in accordance with the Company’s 's customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s 's base salary shall can discretionarily be reviewed at least annually by from time-to-time, and Company may, but shall not be required to, increase the Companybase salary during the Employment Term. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “"Base Salary".”
Appears in 2 contracts
Sources: Employment Agreement (5&2 Studios, Inc.), Employment Agreement (5&2 Studios, Inc.)
Base Salary. The During the Term, the Company shall pay the Executive a Base Salary at an annual rate of base salary of not less than $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices 1,200,000. The Base Salary shall be subject to review and applicable wage payment lawspossible increase, but no less frequently than monthlynot decrease, by the Human Resources and Compensation Committee of the Board (the “HRCC”) each February, and any increases shall be effective the following April 1. The Adjustments to the Base Salary shall be based on the Executive’s base salary performance and other factors that the HRCC deems appropriate. Following each adjustment, the term Base Salary shall be reviewed at least annually by thereafter refer to the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salaryadjusted amount.”
Appears in 2 contracts
Sources: Employment Agreement (Coca-Cola Enterprises, Inc.), Employment Agreement (Coca-Cola Enterprises, Inc.)
Base Salary. The Company shall pay Executive’s annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 424,360.00, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The During the Term, the Company shall pay the to Executive an annual rate of base annualized salary of $1,500,000 in periodic installments 600,000 (the “Base Salary”), payable subject to standard federal and state payroll withholding requirements in accordance with the Company’s customary standard payroll practices and applicable wage payment lawspractices, but no not less frequently than monthly. The Executive’s base salary shall Base Salary will be reviewed at least annually by the Company. The Board and may be increased (but not decreased without the Executive’s annual base salary, as in effect from time consent) to time, is hereinafter referred to as “Base Salaryreflect the Executive’s performance and responsibilities.”
Appears in 2 contracts
Sources: Employment Agreement (Manning & Napier, Inc.), Employment Agreement (Manning & Napier, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 220,000 annually, $150,000 of which will be payable in periodic installments in accordance with the Company’s customary regular payroll practices practices, and applicable wage payment laws$70,000 of which will be paid in lump sum at the end of the then-current fiscal year, but no less frequently than monthlyor, in the sole discretion of the Board, prorated over the one year period upon completion of a financing. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Recovery Energy, Inc.), Employment Agreement (Recovery Energy, Inc.)
Base Salary. The Effective with this Agreement and the Executive’s continued employment hereunder, the Company shall pay Executive a base salary at the Executive an annual annualized rate of base salary of $1,500,000 400,000, payable in periodic regular installments in accordance with the Company’s customary payroll payment practices from time to time. Executive shall be entitled to annual performance and applicable wage payment lawssalary review, but no less frequently than monthly. The Executive’s and any increase in base salary shall be reviewed at least annually by in the Companysole discretion of the Compensation Committee of the Board. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Lantheus Medical Imaging, Inc.), Employment Agreement (Lantheus Holdings, Inc.)
Base Salary. The Company Executive shall pay the Executive receive an annual rate of base salary (“Annual Base Salary”) of no less than $1,500,000 650,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypolicies.”
Appears in 2 contracts
Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 350,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee of the Board (the “Compensation Committee”) and the Compensation Committee may increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Executive Employment Agreement (TaskUs, Inc.), Executive Employment Agreement (TaskUs, Inc.)
Base Salary. The Company shall pay During the Employment Term, the Executive shall receive an annual rate of annualized base salary (“Annual Base Salary”) of not less than $1,500,000 in periodic installments in accordance with 375,000 payable pursuant to the Company’s customary normal payroll practices and applicable wage payment lawspractices. During the Employment Term, but no less frequently than monthly. The Executive’s base salary the current Annual Base Salary shall be reviewed for increase at least annually by the Company. The Executive’s annual base salary, as in effect from time to such time, is hereinafter referred to and in the same manner as “Base Salarythe salaries of senior officers of the Company are reviewed generally.”
Appears in 2 contracts
Sources: Employment Agreement (Eagle Bulk Shipping Inc.), Employment Agreement (Eagle Bulk Shipping Inc.)
Base Salary. The Company shall pay Executive a base salary (the Executive an “Base Salary”) at the annual rate of base salary three hundred seventy-five thousand dollars ($375,000), as of $1,500,000 the Commencement Date). The Base Salary shall be payable in substantially equal periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time. Company shall deduct from each such installment all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Company shall review the Base Salary on an annual basis and may increase, is hereinafter referred to as “but not decrease, the Base Salary.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.), Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.)
Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the Executive an annual rate of base salary of $1,500,000 450,000 payable in periodic regular installments in accordance with the Company’s customary usual payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Board shall review Executive’s base salary shall be reviewed at least annually by the Company. The once per annum, and Executive’s annual base salary, as in effect from time to time, is shall hereinafter be referred to as the “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Getty Images Holdings, Inc.), Employment Agreement (Getty Images Holdings, Inc.)
Base Salary. The Company shall pay During the Executive an annual rate of term hereof, the Executive’s base salary of $1,500,000 in periodic installments (the “Base Salary”) shall be paid in accordance with the CompanyCorporation’s customary regular payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred but not less frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at an annualized rate of $375,000. During the term hereof, the Corporation may review and adjust the Executive’s rate of Base Salary from time to as “Base Salarytime.”
Appears in 2 contracts
Sources: Employment Agreement (Ichor Holdings, Ltd.), Employment Agreement (Ichor Holdings, Ltd.)
Base Salary. The Company shall pay the Executive an annual annualized base salary (“Annual Base Salary”) at a rate of base salary of $1,500,000 in periodic installments in accordance with US$400,000, payable pursuant to the Company’s customary regular payroll practices and applicable wage payment lawsfor its executives in effect at the time. For fiscal year 2011, but no less frequently than monthlythe Executive’s Annual Base Salary will be prorated from the Effective Date. The Executive’s base salary Annual Base Salary shall be reviewed at least annually by the Company. The Executive’s annual base salaryChief Executive Officer, for increase only, at such time as in effect from time to time, is hereinafter referred to as “Base Salarythe salaries of other senior executives of Patheon are reviewed generally.”
Appears in 2 contracts
Sources: Employment Agreement (Patheon Holdings Cooperatief U.A.), Employment Agreement (Patheon Inc)
Base Salary. The Company shall pay to the Executive an annual rate of base salary of $1,500,000 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salarypractices, as in effect established from time to time. The Base Salary shall be reviewed by the Board of Directors annually, and increased as appropriate, for market changes. Commencing effective as of the Effective Date, Executive’s annualized Base Salary is hereinafter referred to as “$350,000. The Base SalarySalary shall not be decreased by the Company except with the prior written consent of the Executive.”
Appears in 2 contracts
Sources: Employment Agreement (First Western Financial Inc), Employment Agreement (First Western Financial Inc)
Base Salary. The Company shall pay During the Term, the Executive will receive an annual rate of base salary of $1,500,000 400,000. The Board will review the Executive’s base salary annually and, in periodic installments its discretion, may recommend increases, but not decreases, to the amount of such base salary based upon procedures of the Employer that determine adjustments for other executives of the Employer. The initial annual base salary, together with any increases, shall be the Executive’s annual base salary (“Base Salary”). The Base Salary will be payable in accordance with the CompanyEmployer’s customary regular payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypractices.”
Appears in 2 contracts
Sources: Employment Agreement (Diamond Hill Investment Group Inc), Employment Agreement (Diamond Hill Investment Group Inc)
Base Salary. The Company shall pay the Executive an annual rate of a base salary of $1,500,000 27,083.33 per month ($325,000 annualized), payable in equal periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly(the “Base Salary”). The Executive’s base salary amount of the Base Salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect and may be increased from time to time, is hereinafter referred to as “Base Salarytime in the sole discretion of the Company’s Remuneration Committee and the Board.”
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Pacificorp /Or/)
Base Salary. The Company shall pay the Executive an annual rate of base salary of USD $1,500,000 240,000, in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlybi-weekly. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee of the Board (the “Compensation Committee”). However, the Executive’s base salary may not be decreased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.)
Base Salary. The Company Employer shall pay the Executive an annual rate of base salary of $1,500,000 EUR 167,729 in periodic installments in accordance with under the Company’s 's customary payroll practices and applicable wage payment laws, . The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive's base salary at least annually and the Compensation Committee may increase (but no less frequently than monthlynot decrease) the Executive's base salary during the Employment Term. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”"
Appears in 2 contracts
Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 340,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)
Base Salary. The Company shall pay to the Executive an annual rate of base salary of $1,500,000 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salarypractices, as in effect established from time to time. The Base Salary shall be reviewed annually and increased as appropriate for market changes, commencing effective January 1, 2024. Executive annualized Base Salary as of the Effective Date is hereinafter referred to as “$320,000. The Base SalarySalary shall not be decreased by the Company except with the prior written consent of the Executive.”
Appears in 2 contracts
Sources: Employment Agreement (First Western Financial Inc), Employment Agreement (First Western Financial Inc)
Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annual rate of base salary annualized Base Salary of $1,500,000 in periodic installments 250,000. Such Base Salary shall be payable at intervals in accordance with the Company’s customary regular payroll practices and of the Company applicable wage payment laws, to senior executives but no less frequently than monthly. The Executive’s base salary Base Salary shall be reviewed at least no less frequently than annually by during the CompanyTerm of Employment for increases. The Executive’s annual base salary, as in effect from time to Base Salary shall not be decreased at any time, is hereinafter referred to as “Base Salaryor for any purpose, during the Term of Employment (including, without limitation, for the purpose of determining benefits due under Section 9).”
Appears in 2 contracts
Sources: Employment Agreement (Exchange Applications Inc), Employment Agreement (Exchange Applications Inc)
Base Salary. The During the Term, the Company shall pay the Executive an annual rate of base salary of $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as 260,000 (“Base Salary”). The Board shall review the Executive’s Base Salary each year and shall have the right in its discretion to increase such Base Salary. With the Executive’s prior consent, the Executive’s Base Salary may be reduced by an amount and for a period mutually agreed between the Executive and the Company so long as such reduction is made in conjunction with similar reductions in base salary for other executives or employees of the Company.”
Appears in 2 contracts
Sources: Employment Agreement (Mesa Air Group Inc), Employment Agreement (Republic Airways Holdings Inc)
Base Salary. The Company shall pay the Executive an annual rate of annualized base salary of $1,500,000 204,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 240,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 275,000 US in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s 's base salary shall be reviewed at least annually by the Companyby the compensation committee of the Board (the “Compensation Committee”) and the Compensation Committee may, but shall not be required to, increase Executive’s base salary during the Employment Term. The Executive’s annual base salary shall be adjusted to $300,000 US on January 1, 2021. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Profire Energy Inc), Employment Agreement (Profire Energy Inc)
Base Salary. The Company shall pay Effective as of the Effective Date, the Executive an annual shall receive a base salary at the annualized rate of base salary of $1,500,000 450,000 (the “Base Salary”), paid in periodic equal bi-monthly installments in accordance with the Company’s customary regularly established payroll practices and applicable wage payment laws, but no less frequently than monthlyprocedure. The Executive’s base salary Such Base Salary shall be reviewed at least annually by the Company. The ’s compensation committee and the Board in the first quarter of each fiscal year; any adjustment to the Executive’s annual base salary, Base Salary shall be retroactively effective as in effect from time to time, is hereinafter referred to as “Base Salaryof the first day of such fiscal year.”
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Nabriva Therapeutics PLC)
Base Salary. The Company shall pay the Executive an A base annual rate of base salary of $1,500,000 in periodic installments 250,000, payable in accordance with the CompanyEmployer’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlystandard practice for other comparable executives. The Executive’s base salary shall be reviewed at least annually subject to annual review by the CompanyBoard of Directors of the Employer (the “Board”) for discretionary periodic increases in accordance with the Employer’s compensation policies. The Executive’s annual base salary, as in effect from time References to time, is hereinafter referred to as “Base Salary” in this Agreement shall be to the base salary set forth in this Paragraph 4.A. and shall include any increases to such base salary made hereby.”
Appears in 2 contracts
Sources: Executive Employment Agreement (MPS Group Inc), Executive Employment Agreement (MPS Group Inc)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 400,000 (Four Hundred Thousand Dollars) in periodic installments in accordance with the Company’s 's customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall may not be reviewed at least annually by decreased during the CompanyEmployment Term other than as part of an across-the-board salary reduction that applies in the same manner to all senior executives. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Reviva Pharmaceuticals Holdings, Inc.), Employment Agreement (Tenzing Acquisition Corp.)
Base Salary. The During the Employment Term, the Company shall pay the Executive an annual rate of base salary of $1,500,000 375,000 per annum in periodic installments cash (the “Annual Base Salary”). Executive’s Annual Base Salary will be subject to annual review by the Board. The Annual Base Salary due to Executive hereunder shall be paid in accordance with the Company’s customary general Company payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypractices.”
Appears in 2 contracts
Sources: Employment Agreement (Hospitality Investors Trust, Inc.), Employment Agreement (Hospitality Investors Trust, Inc.)
Base Salary. The Company Executive’s annual base salary during the Employment Period shall pay be $888,500.00 per year (the “Base Salary”). The Base Salary will be payable to the Executive an annual rate of base salary of $1,500,000 by the Company in periodic regular installments in accordance with the Company’s customary general payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary Executive shall receive such increases (but not decreases) in his Base Salary as the Board, or the compensation committee of the Board (the “Compensation Committee”), may approve in its sole discretion from time to time. Following the three-year anniversary of the Effective Date, the Base Salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salaryannually.”
Appears in 2 contracts
Sources: Employment Agreement (XCel Brands, Inc.), Employment Agreement (XCel Brands, Inc.)
Base Salary. The Company shall pay the to Executive an annual rate of base salary of not less than Four Hundred Fifty Thousand ($1,500,000 in periodic installments 450,000) Dollars (prorated for partial monthly and annual periods), less deductions and withholdings, which base salary shall be paid in accordance with the Company’s customary normal payroll practices policies and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by procedures (the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board or the Compensation Committee of the Board (the “Committee”) shall conduct annual performance reviews of Executive for merit increases and may, in its sole discretion, increase Executive’s Base Salary on an annual basis.”
Appears in 2 contracts
Sources: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)
Base Salary. The During the Employment Term, the Company shall pay to the Executive an annual rate of a base salary of $1,500,000 in periodic installments in accordance with not less than $ 665,000 per annum (the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board shall review Executive’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.”
Appears in 2 contracts
Sources: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)
Base Salary. The During the Employment Term, the Company shall pay the Executive an annual rate of base salary of One Hundred Seventy Five Thousand Dollars ($1,500,000 175,000) (“Base Salary”), payable in periodic regular installments in accordance with the Company’s customary then current payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The At least annually the Board shall review Executive’s base salary shall be reviewed at least annually by performance and compensation and may increase the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary, in its sole discretion.”
Appears in 2 contracts
Sources: Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.)
Base Salary. The Company Executive shall pay the Executive receive an annual rate of base salary (“Annual Base Salary”) of no less than $1,500,000 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Company’s board of directors (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypolicies.”
Appears in 2 contracts
Sources: Employment Agreement (National Bank Holdings Corp), Employment Agreement (National Bank Holdings Corp)
Base Salary. The Company shall pay During the Executive an Employment Period, the Executive's annual rate of ----------- base salary of will be $1,500,000 130,000 or such higher rate as the Board may designate from time to time (the "Base Salary"), which will be payable in periodic regular installments in accordance with the Company’s customary 's general payroll practices and applicable wage payment lawswhich will be subject to customary withholding. Each year the Board will review the Executive's Base Salary and, in its sole discretion, determine whether any increases (but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarynot decreases) thereof are appropriate.”
Appears in 2 contracts
Sources: Employment Agreement (Garden Com Inc), Employment Agreement (Garden Com Inc)
Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 424,360.00, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 250,000 in periodic installments in accordance with under the Company’s 's customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Compensation Committee of the Board (the “Compensation Committee”) shall review the Executive’s base salary shall be reviewed at least annually by and the CompanyCompensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 225,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Streamex Corp.), Employment Agreement (Streamex Corp.)
Base Salary. The Company shall pay to the Executive an annual rate of base salary of $1,500,000 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salarypractices, as in effect established from time to time. The Base Salary shall be reviewed annually and increased as appropriate for market changes, commencing effective January 1, 2024. Executive annualized Base Salary as of the Effective Date is hereinafter referred to as “$300,000.48. The Base SalarySalary shall not be decreased by the Company except with the prior written consent of the Executive.”
Appears in 2 contracts
Sources: Employment Agreement (First Western Financial Inc), Employment Agreement (First Western Financial Inc)
Base Salary. The Company shall pay During the Executive an Term, the Executive’s annual rate of base salary of shall be $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly330,000. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard or the Compensation Committee of the Board (the “Compensation Committee”). The Executive’s annual base salary, as salary in effect from at any given time to time, is hereinafter referred to herein as “Base Salary.”” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Xeris Pharmaceuticals Inc)
Base Salary. The Company shall pay During the Executive an annual rate of Term, the Executive’s base salary of $1,500,000 in periodic installments (the “Base Salary”) shall be paid in accordance with the CompanyCorporation’s customary regular payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred but not less frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at an annualized rate of $320,000. During the term hereof, subject to as “Section 5, the Corporation will annually (in January of each year commencing in 2016) review and adjust the Executive’s rate of Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (GoodRx Holdings, Inc.), Employment Agreement (GoodRx Holdings, Inc.)
Base Salary. The During the Employment Term, the Company shall pay to the Executive an annual rate of a base salary of not less than $1,500,000 in periodic installments in accordance with 665,000 per annum (the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board shall review Executive’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.”
Appears in 2 contracts
Sources: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 [BASE SALARY] in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Workiva Inc), Employment Agreement (Workiva LLC)
Base Salary. The Company shall pay the Executive an annual rate of base salary of AUD $1,500,000 200,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee of the Board, and the Compensation Committee of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Australian Oilseeds Holdings LTD), Employment Agreement (Australian Oilseeds Holdings LTD)
Base Salary. The Company shall pay Executive’s annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 550,000, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 355,249.78, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 800,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may increase or decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Dragonfly Energy Holdings Corp.), Employment Agreement (Dragonfly Energy Holdings Corp.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 450,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, commencing in January 2020, increase the base salary at its discretion. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Angion Biomedica Corp.), Employment Agreement (Elicio Therapeutics, Inc.)
Base Salary. The Company shall will pay to the Executive an annual rate of annualized base salary of not less than $1,500,000 in periodic installments 1,200,000, payable in accordance with the Company’s customary payroll practices and applicable wage payment laws, but of the Company (“Base Salary”). The Base Salary shall be reviewed no less frequently than monthly. The Executive’s base salary shall annually for purposes of increase, such increase, if any, to be reviewed at least annually by determined in the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as sole discretion of the Board or the compensation committee of the Board (the “Base SalaryCompensation Committee”).”
Appears in 2 contracts
Sources: Employment Agreement (Gmac LLC), Employment Agreement (Gmac LLC)
Base Salary. The During the term of Executive's employment hereunder, the Company shall pay the Executive an annual base salary (the "Base Salary") at the initial annual rate of base salary of $1,500,000 225,000, payable in periodic regular installments in accordance with the Company’s customary payroll 's usual payment practices and applicable wage payment laws, but no less frequently than monthlymonthly during the Employment Term. The Executive’s base salary 's Base Salary shall be reviewed at least annually by for increase in the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salaryreasonable discretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Renaissance Media Capital Corp), Employment Agreement (Renaissance Media Capital Corp)
Base Salary. The Company shall pay the Executive an annual rate of annualized base salary of $1,500,000 220,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)
Base Salary. The Company Executive shall pay the Executive an annual rate of base salary of $1,500,000 in periodic installments in accordance receive for continued employment with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s during the term of this Agreement, a base salary at an annual (July 1 – June 30) rate of six hundred fifteen thousand dollars ($615,000), payable in equal installments on the regular payroll dates of the Company, which payroll dates shall occur at least twice monthly, subject to applicable tax withholding. Such base salary (the “Annual Base Salary”) shall be reviewed at least annually subject to increase as determined by the Company. The Executive’s Board during the annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salaryfocal review period.”
Appears in 2 contracts
Sources: Executive Employment Agreement (Exar Corp), Executive Employment Agreement (Exar Corp)
Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annual rate of base salary annualized Base Salary of $1,500,000 in periodic installments 420,000, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by for increase in the Company. The Executive’s annual base salarydiscretion of the CEO and, as in effect from time to timeif applicable, is hereinafter referred to as “Base Salarythe Board.”
Appears in 2 contracts
Sources: Employment Agreement (Ikon Office Solutions Inc), Employment Agreement (Ikon Office Solutions Inc)
Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 298,700.00, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 233,676 in periodic installments in accordance with under the Company’s 's customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive’s 's base salary shall be reviewed at least annually by and the CompanyCompensation Committee may increase (but not decrease) the Executive's base salary during the Employment Term. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”"
Appears in 2 contracts
Sources: Employment Agreement (Century Casinos Inc /Co/), Employment Agreement
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 in periodic installments in accordance 400,000. Such base salary shall be paid consistently with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlythen current pay practices. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase (but not decrease) base salary then in effect during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (PLX Pharma Inc.), Employment Agreement (Dipexium Pharmaceuticals, Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 260,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall may be reviewed at least annually from time to time by the Company, and the Company may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
Appears in 2 contracts
Sources: Employment Agreement (Kura Sushi Usa, Inc.), Employment Agreement (Kura Sushi Usa, Inc.)
Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annual rate of base salary annualized Base Salary of $1,500,000 in periodic installments 300,000. Such Base Salary shall be payable at intervals in accordance with the Company’s customary regular payroll practices and of the Company applicable wage payment laws, to senior executives but no less frequently than monthly. The Executive’s base salary Base Salary shall be reviewed at least no less frequently than annually by during the CompanyTerm of Employment for increases. The Executive’s annual base salary, as in effect from time to Base Salary shall not be decreased at any time, is hereinafter referred to as “Base Salaryor for any purpose, during the Term of Employment (including, without limitation, for the purpose of determining benefits due under Section 9).”
Appears in 2 contracts
Sources: Employment Agreement (American Capital Access Holdings LTD), Employment Agreement (American Capital Access Holdings LTD)
Base Salary. The Company Executive shall pay the Executive receive an annual rate of base salary (“Annual Base Salary”) of no less than $1,500,000 225,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarypolicies.”
Appears in 2 contracts
Sources: Employment Agreement (Capital Bank Financial Corp.), Employment Agreement (Capital Bank Financial Corp.)
Base Salary. The Company Executive shall pay the Executive initially be paid an annual rate of base salary of $1,500,000 in periodic installments annualized Base Salary, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment lawsof the Company, but no of $325,000. No less frequently than monthly. The annually, the Executive’s base salary Base Salary shall be reviewed at least annually by the CompanyCompensation Committee who may (but is not obligated to) adjust such Base Salary in its sole discretion; provided that Base Salary shall not be decreased. The Any such increased Base Salary shall be the Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary” for all purposes under this Agreement.”
Appears in 2 contracts
Sources: Executive Employment Agreement, Executive Employment Agreement (SeaWorld Entertainment, Inc.)
Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annual rate date of base salary of this Agreement is $1,500,000 in periodic installments 458,719.77, payable in accordance with the Company’s customary regular payroll practices and applicable wage payment laws, but of the Company. The Base Salary shall be reviewed no less frequently than monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarydiscretion of the Board.”
Appears in 2 contracts
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The From and after the Effective Date, the Company shall pay Executive a base salary at the Executive an annual rate of base salary of $1,500,000 650,000.00 payable in periodic regular installments in accordance with the Company’s customary usual payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Board shall review Executive’s base salary shall be reviewed at least annually by the Company. The once per annum, and Executive’s annual base salary, as in effect from time to time, is shall hereinafter be referred to as the “Base Salary”.”
Appears in 2 contracts
Sources: Employment Agreement (Getty Images Holdings, Inc.), Employment Agreement (Getty Images Holdings, Inc.)
Base Salary. The Beginning on the date hereof, the Company shall pay the Executive an annual rate of base salary of $1,500,000 Executive, in periodic equal installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s , a base salary of $412,000 per annum (the “Base Salary”), less all applicable withholdings, during the Term. Executive's Base Salary shall be reviewed at least annually by the Company. The Executive’s People Services (Compensation) Committee of the Board (the “Compensation Committee”) on an annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salarybasis.”
Appears in 2 contracts
Sources: Employment Agreement (Popeyes Louisiana Kitchen, Inc.), Employment Agreement (Popeyes Louisiana Kitchen, Inc.)
Base Salary. The During Executive’s employment, the Company shall pay the Executive an annual initial base salary at the rate of base salary of $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, 275,000 per annum (as in effect from time to time, is hereinafter referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s regular payroll practices and shall be subject to all applicable tax withholdings and deductions. If Executive is still employed by the Company as of that time, then, on or after each anniversary of this Agreement, the Base Salary shall be reviewed by the Board for any increase, provided that it shall automatically be increased by $25,000 as of such anniversary date.”
Appears in 2 contracts
Sources: Employment Agreement (Volta Inc.), Employment Agreement (Volta Inc.)
Base Salary. The Company shall pay the Executive an annual rate of base salary of no less than $1,500,000 120,000.00 in periodic installments in accordance with the Company’s 's customary payroll practices and applicable wage payment lawspractices, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter shall be referred to in this Agreement as “"Base Salary".”
Appears in 1 contract
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 450,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase the base salary during the Term. The Executive’s Executive annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 1 contract
Sources: Employment Agreement (Six Flags Entertainment Corp)
Base Salary. The Company shall pay During the Employment Period, the Executive will receive an annual rate of base salary of no less than $1,500,000 in periodic installments 280,000. Such base salary will be payable in accordance with the Company’s customary normal payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, will be reviewed by the Board at least annually, and will be subject to increase, but not decrease, by the Board from time to time. Hereinafter, such base salary, as increased, is hereinafter referred to as the “Base Salary.”
Appears in 1 contract
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 [RMB 288,000] in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee of the Board (the “Compensation Committee”) and the Compensation Committee may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 1 contract
Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 275,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase (but not decrease) the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 1 contract
Sources: Employment Agreement (Vapotherm Inc)
Base Salary. The Company shall will pay the Executive an annual rate of base salary of Four Hundred Seventy-Five Thousand Dollars ($1,500,000 in periodic installments 475,000) in accordance with the Company’s customary normal payroll practices and applicable wage payment laws, but no less frequently than monthlypractices. The Executive’s base salary shall will be reviewed at least annually by the Company, but will not be required to, increase the base salary during the Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”” Executive will be entitled to a salary review at least on an annual basis, with any adjustment in the Company’s sole discretion.
Appears in 1 contract
Base Salary. The Company shall pay the Executive an annual rate of base salary of USD $1,500,000 300,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlybi-weekly. The Executive’s base salary shall be reviewed at least annually by the CompanyCompensation Committee of the Board (the “Compensation Committee”). However, the Executive’s base salary may not be decreased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 1 contract
Base Salary. The Company Employer shall pay the Executive an a base annual rate of base salary of $1,500,000 in periodic installments 240,000, subject to such increases as may be approved by the Board of Directors of the Employer (the "Base Salary"). The salary shall be payable periodically in accordance with the Company’s customary payroll practices and applicable wage payment lawsEmployer's policies for executive personnel, less such deductions as may be required by law or reasonably requested by the Executive. The Employer will review the Executive's base salary to determine whether such base salary should be increased (but not decreased) no less frequently often than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salaryconjunction with its regular review of executive salaries.”
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Base Salary. The Company shall will pay the Executive an annual rate of base salary of one million dollars ($1,500,000 in periodic installments 1,000,000) in accordance with the Company’s customary normal payroll practices and applicable wage payment laws, but no less at least as frequently than as monthly. The Executive’s base salary shall will be reviewed at least annually from time to time by the CompanyBoard and the Board may, but will not be required to, increase the base salary during the Term. The Executive’s annual base salary, as in effect from time to time, may not be reduced and is hereinafter referred to as “Base Salary”.”
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Sources: Employment Agreement (Neptune Wellness Solutions Inc.)
Base Salary. The Throughout the Term, the Company shall pay the Executive an annual rate of base salary of $1,500,000 180,000 per annum in periodic installments in accordance with the Company’s customary payroll practices and practices, net of all amounts required to be withheld by Company for taxes imposed on Executive pursuant to all applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”” The Base Salary shall be prorated for any partial year of employment on the basis of a 365-day year.
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Base Salary. The Company Employer shall pay the Executive an annual rate of base salary as established by the Board of $1,500,000 Directors from time-to-time through Compensation Committee actions, and reflected on and reported in periodic installments the Employer's reports filed with the Securities and Exchange Commission. ("Base Salary"). Executive's Base Salary shall be payable in accordance with the Company’s customary Employer's regular payroll practices and applicable wage payment lawsschedule, but no not less frequently than monthlytwice per month. The Executive’s base salary initial Base Salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary$425,000 per annum.”
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Sources: Executive Employment Agreement (Cesca Therapeutics Inc.)
Base Salary. The During the Term, the Company shall pay the Executive an annual rate of a base salary of $1,500,000 in periodic installments in accordance 280,000 per year (said amount, together with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall any increases as may be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect determined from time to timetime by the Board in its sole discretion, is being hereinafter referred to as the “Base Salary”), less payroll deductions and all required withholdings payable in regular periodic payments in accordance with Company policy. Such Base Salary shall be retroactive to March 1, 2007 and prorated for any partial year of employment on the basis of a 365-day fiscal year.”
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Sources: Employment Agreement (International Food & Wine Consultants, Inc.)
Base Salary. The During the Term, the Company shall will pay the Executive an annual rate of base salary of $1,500,000 [*](“Base Salary”) in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall Base Salary will be reviewed at least annually by and may, but shall not be required to, be increased during the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base SalaryTerm.”
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Base Salary. The Beginning as of the Effective Date, the Company shall pay the Executive an annual rate of base salary of $1,500,000 570,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than monthly. The Each calendar year during the Employment Term, the Company will review Executive’s performance and determine whether to increase the Executive’s annual base salary shall be reviewed at least annually by the Companysalary. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
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Base Salary. The Company shall pay the Executive an annual rate of base salary of Three Hundred Thirty-Five Thousand Dollars ($1,500,000 in periodic installments in accordance 335,000). Such base salary shall be paid consistently with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlythen current pay practices. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase (but not decrease) the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”
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Base Salary. The In consideration for the Executive’s services hereunder, the Company shall pay to the Executive an annual rate of base salary in the amount of $1,500,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly120,000 initially. The Executive’s annual base salary shall be reviewed at least annually by the Company. The , and the Company may increase the Executive’s annual base salary, as in effect salary from time to timetime and not decrease it. The Company shall pay annual base salary in accordance with the normal payroll payment practices of the Company and subject to such deductions and withholdings as law or policies of the Company, is hereinafter referred from time to as “Base Salarytime in effect, may require.”
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Sources: Executive Employment Agreement (Future Now Group Inc.)
Base Salary. The Throughout the Term, the Company shall pay the Executive an annual rate of base salary of $1,500,000 393,600 per annum in periodic installments in accordance with the Company’s customary payroll practices and practices, net of all amounts required to be withheld by Company for taxes imposed on Executive pursuant to all applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”” The Base Salary shall be prorated for any partial year of employment on the basis of a 365-day year.
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Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 1,400,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment lawspractices, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the CompanyBoard and the Board may, but shall not be required to, increase (but not decrease) the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
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Base Salary. The Company shall pay the Executive an annual rate of base salary of $1,500,000 450,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Company. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.”
Appears in 1 contract
Sources: Employment Agreement (Cardinal Infrastructure Group Inc.)