Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is 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, but no less often than monthly.
Appears in 6 contracts
Sources: Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000300,000. The Executive’s base salary shall may be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 5 contracts
Sources: Employment Agreement, Employment Agreement (Brightcove Inc), Employment Agreement (Brightcove Inc)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,0001,000,000. The Executive’s base salary shall be reviewed at least annually by the Board or designated committee thereofand may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement, Employment Agreement (Citrix Systems Inc)
Base Salary. The During the Term, Executive’s initial annual base salary shall be $410,000380,000. The Executive’s base salary shall be reviewed annually reassessed and determined periodically by the Board or designated committee thereofthe Company’s Compensation Committee (the “Committee”), as appropriate, in its sole discretion. The base salary in effect at any given time is 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, but no less often than monthlysenior executives and will be subject to applicable tax and other required withholdings.
Appears in 4 contracts
Sources: Employment Agreement (Forescout Technologies, Inc), Employment Agreement (Forescout Technologies, Inc), Employment Agreement (Forescout Technologies, Inc)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000450,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 4 contracts
Sources: Employment Agreement (Dynatrace, Inc.), Employment Agreement (Dynatrace, Inc.), Employment Agreement (Fusion Pharmaceuticals Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000400,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 4 contracts
Sources: Employment Agreement (Cullinan Oncology, Inc.), Employment Agreement (Dynatrace, Inc.), Employment Agreement (iTeos Therapeutics, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000315,000. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The annual base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement, Employment Agreement (Bluebird Bio, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000400,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for its executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement (Absci Corp), Employment Agreement (Absci Corp), Employment Agreement (Monte Rosa Therapeutics, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be at the annualized rate of $410,000315,000. The Executive’s base salary shall be reviewed at least annually by the Board or designated committee thereofand may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 3 contracts
Sources: Employment Agreement (Anthera Pharmaceuticals Inc), Employment Agreement (Anthera Pharmaceuticals Inc), Employment Agreement (Anthera Pharmaceuticals Inc)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by 120,000, less applicable withholdings (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Company will increase the Base Salary of the Executive upon the initial capital raise of the Company, once it is listed and trading, subject the approval of the Executive Chairman. The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for executive officersprocedures in effect from time to time. The Board shall review the Base Salary annually and may increase the Base Salary, but no less often than monthlyand the term “Base Salary” shall refer to such increased amount.
Appears in 3 contracts
Sources: Employment Agreement (Petro River Oil Corp.), Employment Agreement (Petro River Oil Corp.), Employment Agreement (Petro River Oil Corp.)
Base Salary. The Executive’s initial annual base salary shall be rate is $410,000505,000 per year. The Board of Directors (the “Board”) or the Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s base salary shall be reviewed at least annually by for increase, but not decrease, in its sole discretion, and the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as the Executive’s “Base Salary.” The Base Salary shall will be payable paid in a manner that is consistent with the Company’s usual payroll practices for its executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement (Aktis Oncology, Inc.), Employment Agreement (Aktis Oncology, Inc.), Employment Agreement (Aktis Oncology, Inc.)
Base Salary. The Executive’s 's initial annual base salary shall be paid at a rate of Ten Thousand Dollars ($410,000. The Executive’s base salary shall be reviewed annually by 10,000) per month (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “"Base Salary.” "). The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersof the Company as may be established or modified from time to time. The Board of Directors in its sole discretion may adjust the Executive's salary at any time. All payments shall be subject to all applicable federal, but no less often than monthlystate and/or local payroll and withholding taxes.
Appears in 3 contracts
Sources: Employment Agreement (Choicetel Communications Inc /Mn/), Employment Agreement (Choicetel Communications Inc /Mn/), Employment Agreement (Sontra Medical Corp)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000440,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement (MeridianLink, Inc.), Employment Agreement (MeridianLink, Inc.), Employment Agreement (iTeos Therapeutics, Inc.)
Base Salary. The Effective as of February 1, 2021, the Executive’s initial annual base salary shall be paid at the rate of $410,000375,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement (Phreesia, Inc.), Employment Agreement (Phreesia, Inc.), Employment Agreement (Phreesia, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000275,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement (Phreesia, Inc.), Employment Agreement (Phreesia, Inc.), Employment Agreement (Phreesia, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000400,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 3 contracts
Sources: Employment Agreement, Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000. The Executive’s base salary shall be reviewed annually by 18,750 per month (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”) (annualized salary of $225,000). The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersof the Company as may be established or modified from time to time. The Board of Directors in its sole discretion may adjust the Base Salary at any time. All payments shall be subject to all applicable federal, but no less often than monthlystate and/or local payroll and withholding taxes.
Appears in 3 contracts
Sources: Executive Employment Agreement, Executive Employment Agreement (KAYAK SOFTWARE Corp), Executive Employment Agreement (KAYAK SOFTWARE Corp)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000455,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for its executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Rapport Therapeutics, Inc.), Employment Agreement (Rapport Therapeutics, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000265,000. The Executive’s base salary shall be reviewed annually subject to annual review by the Compensation Committee of the Board or designated committee thereof(the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual payroll practices for executive officers, but no less often than monthlypractices.
Appears in 2 contracts
Sources: Employment Agreement (GrubHub Seamless Inc.), Employment Agreement (GrubHub Seamless Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000450,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)
Base Salary. The At the commencement of the Term, the Executive’s initial annual base salary shall be $410,000350,000. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofan authorized Compensation Committee and may be adjusted at their discretion. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable periodically in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Ra Pharmaceuticals, Inc.), Employment Agreement (Ra Pharmaceuticals, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000250,000 (two hundred and fifty-thousand dollars) per year, payable bi-weekly in accordance with U.S. Subsidiary’s normal payroll practices and be subject to the usual, required deductions and withholdings. The Executive’s base salary shall will be reviewed annually by subject to review based upon the Board or designated committee thereofU.S. Subsidiary’s normal performance review practices. The annual base salary in effect at any given time is 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, but no less often than monthly.”
Appears in 2 contracts
Sources: Employment Agreement (FleetMatics Group PLC), Employment Agreement (FleetMatics Group PLC)
Base Salary. The Executive’s initial annual base salary shall be paid at the annualized rate of $410,000410,000 per year. The Executive’s base salary shall be reviewed subject to review at least annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Allurion Technologies, Inc.), Employment Agreement (Allurion Technologies Holdings, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000400,000. The Executive’s base salary shall may be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Brightcove Inc)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000250,000. The Executive’s base salary shall may be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Brightcove Inc), Employment Agreement (Brightcove Inc)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be paid at the rate of $410,000411,650 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Gemini Therapeutics, Inc. /DE), Employment Agreement (Gemini Therapeutics, Inc. /DE)
Base Salary. The Executive’s initial annual base salary shall be paid at the annualized rate of $410,000620,000 per year. The Executive’s base salary shall be reviewed subject to review at least annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Allurion Technologies, Inc.), Employment Agreement (Allurion Technologies Holdings, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000320,000. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The annual base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Bluebird Bio, Inc.), Employment Agreement (Bluebird Bio, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000550,000 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (MeridianLink, Inc.), Employment Agreement (MeridianLink, Inc.)
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s base salary shall be reviewed annually 750,000, subject to redetermination by the Board of Directors or designated committee thereofits Compensation Committee. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Executive Agreement (Guidewire Software, Inc.), Executive Agreement (Guidewire Software, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000450,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”) and is subject to increase but not decrease. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Aegerion Pharmaceuticals, Inc.)
Base Salary. The Executive’s initial annual base salary shall be is $410,000. The Executive’s base salary shall be reviewed annually by 425,000 per year (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary shall will be payable paid periodically in a manner that is consistent accordance with the Company’s usual normal payroll practices for executive officersand be subject to the usual, but no less often than monthlyrequired withholding. Executive’s Base Salary will be subject to review and adjustments will be made in connection with the Company’s normal review practices.
Appears in 2 contracts
Sources: Employment Agreement (SeeQC, Inc.), Employment Agreement (SeeQC, Inc.)
Base Salary. The Executive’s 's initial annual base salary shall be $410,000. The Executive’s 350,000.00 per year, which base salary shall be reviewed annually payable in accordance with PracticeWorks' standard payroll practices and policies for senior executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies. Executive's base salary shall be subject to periodic adjustments as determined by the Compensation Committee of PracticeWorks' Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salaryof Directors.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Practice Works Inc), Employment Agreement (Practice Works Inc)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000355,000. The Executive’s base salary shall be reviewed annually evaluated periodically by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Deciphera Pharmaceuticals, Inc.), Employment Agreement (Deciphera Pharmaceuticals, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000325,000, less applicable deductions and tax withholdings. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Neos Therapeutics, Inc.), Employment Agreement (Neos Therapeutics, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be at the gross annual rate of $410,000700,000. The Executive’s base salary shall may be reviewed annually adjusted from time to time by the Board or designated committee thereofBoard. The annual base salary rate in effect at any given time is referred to herein as the “Base Salary.” The Base Salary shall be payable bi-weekly in a manner that is consistent accordance with the Company’s usual normal payroll practices procedures for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Babylon Holdings LTD), Employment Agreement (Babylon Holdings LTD)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000360,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by 120,000 for the Board or designated committee thereofTerm. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual payroll practices for executive officers, but no less often than monthlyof the Company.
Appears in 2 contracts
Sources: Executive Employment Agreement (Mimvi, Inc.), Merger Agreement (Mimvi, Inc.)
Base Salary. The Executive’s initial annual base salary rate shall be $410,000500,000 per year, which shall be subject to annual review. Such review shall be by the Mural Board or the Compensation Committee of the Mural Board (the “Mural Compensation Committee”). The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The annual base salary in effect at any given time is referred to herein as the “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives of Mural.
Appears in 2 contracts
Sources: Employment Agreement (Mural Oncology PLC), Employment Agreement (Mural Oncology PLC)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by 500,000 per annum (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Company shall pay the Base Salary in accordance with its customary payroll practices, and the Base Salary shall be payable in a manner that is consistent with pro-rated for any partial year of employment hereunder. Executive’s Base Salary shall be reviewed at least annually by the Company’s usual payroll practices for executive officersCompensation Committee of the Board (the “Compensation Committee”) and the independent members of the Board and may be increased, but no less often not decreased, from time to time by the members of the Board other than monthlythe Executive.
Appears in 2 contracts
Sources: Employment Agreement (Globalstar, Inc.), Employment Agreement (Globalstar, Inc.)
Base Salary. The Executive’s initial annual base salary shall be $410,000250,000.00 per year, which base salary shall be payable in accordance with the Company’s standard payroll practices and policies for senior executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies. The Executive’s base salary shall be reviewed annually subject to annual review and periodic increases (but not decreases), if any, as determined by the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with Compensation Committee of the Company’s usual payroll practices for executive officersBoard of Directors or, but no less often than monthlyat the discretion of such Board of Directors, the Board of Directors as a whole.
Appears in 2 contracts
Sources: Employment Agreement (Great Wolf Resorts, Inc.), Employment Agreement (Great Wolf Resorts, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be paid at the rate of $410,000415,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Axcella Health Inc.), Employment Agreement (Gemini Therapeutics, Inc. /DE)
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s 250,000 per annum (such base salary shall salary, as may be reviewed annually by adjusted from time to time in accordance with this Section, the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”), from which shall be deducted all required or authorized payroll deductions, including state and federal withholdings. The Base Salary shall will be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersapplicable to its executives. The Base Salary will be reviewed, but no less often than monthlyand may be adjusted, at least annually in a manner designated by the Board.
Appears in 2 contracts
Sources: Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000750,500. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The annual base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (2seventy Bio, Inc.), Employment Agreement (2seventy Bio, Inc.)
Base Salary. The Executive’s Executive will receive an initial annual base salary shall be of $410,000230,000 per annum, paid in accordance with the Company's payroll practices. The Executive’s base salary shall be reviewed annually on an annual basis by the Bank Board or designated committee thereofand may be increased (but not decreased) from time to time at the discretion of the Bank Board. The initial base salary in effect at any given time or such later increased base salary is hereinafter referred to herein as “Executive's "Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly."
Appears in 2 contracts
Sources: Employment Agreement (Penseco Financial Services Corp), Employment Agreement (Penseco Financial Services Corp)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000460,000. The Executive’s base salary shall may be reviewed re-determined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Cogent Biosciences, Inc.), Employment Agreement (Cogent Biosciences, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually 232,500.00 (two hundred thirty-two thousand five hundred dollars) annually, subject to discretionary increases as a result of annual reviews by the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as (the “Base Salary.” ”). Base Salary will be increased to not less than $235,000.00 in conjunction with Executive’s annual review which the Company agrees to complete in January 2019. The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Cano Health, Inc.), Employment Agreement (Jaws Acquisition Corp.)
Base Salary. The Executive’s initial annual base salary shall be $410,000400,000 per year, which shall be payable in accordance with the Company’s standard payroll practices and policies for senior executives. The Executive’s base salary shall be reviewed annually subject to annual review and periodic increases as determined by PubCo’s Board of Directors (the “Board”) or the Compensation Committee of the Board or designated committee thereof(the “Committee”). The base salary salary, as may be in effect at any given from time is to time under this Employment Agreement, shall be referred to herein as the “Base Salary”.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Bakkt Holdings, Inc.), Employment Agreement (Bakkt Holdings, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000390,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary during the Initial Term of Employment shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as $800,000.00 per annum (“Base Salary.” ”). The Base Salary shall be subject to all applicable state and federal tax withholdings, payable in a manner that is semi-monthly installments consistent with the CompanyBank’s usual normal payroll practices for executive officers, but no less often than monthlyprocess. The Base Salary is subject to review at the Board’s discretion and subject to prior review and non-objection by the Federal Housing Finance Agency or any successor agency (“Finance Agency”).
Appears in 2 contracts
Sources: Employment Agreement (Federal Home Loan Bank of San Francisco), Employment Agreement (Federal Home Loan Bank of San Francisco)
Base Salary. The Executive’s initial annual base salary rate shall be $410,000580,000 per year which shall be subject to annual review. Such review shall be by the Mural Board or the Compensation Committee of the Mural Board (the “Mural Compensation Committee”). The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The annual base salary in effect at any given time is referred to herein as the “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives of Mural.
Appears in 2 contracts
Sources: Employment Agreement (Mural Oncology PLC), Employment Agreement (Mural Oncology PLC)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by 200,000, less applicable withholdings (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”) and 120,000 common shares that shall vest in their entirety on issuance. The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for executive officersprocedures in effect from time to time. The Base Salary due of shares, but shall be payable within the first 30 days of the year. On each anniversary of this Agreement the base salary will increase no less often than monthly$15,000 (“minimum”). The Board shall review the Base Salary annually and may increase the Base.
Appears in 2 contracts
Sources: Employment Agreement (Vinco Ventures, Inc.), Employment Agreement (Vinco Ventures, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000425,000. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Unum Therapeutics, Inc.), Employment Agreement (Unum Therapeutics, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be paid at the rate of $410,000375,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Axcella Health Inc.), Employment Agreement (Axcella Health Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000400,000.00 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall be paid at the annualized rate of $410,000425,000 per year. The Executive’s base salary shall be reviewed subject to review at least annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Allurion Technologies, Inc.), Employment Agreement (Allurion Technologies Holdings, Inc.)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be at the annualized rate of $410,000400,000. The Executive’s base salary shall be reviewed at least annually by the Board or designated committee thereofand may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Anthera Pharmaceuticals Inc), Employment Agreement (Anthera Pharmaceuticals Inc)
Base Salary. The During the Term, the Executive’s initial annual base salary shall be paid at the rate of $410,000425,000 per year. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 2 contracts
Sources: Employment Agreement (Gemini Therapeutics, Inc. /DE), Employment Agreement (Gemini Therapeutics, Inc. /DE)
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000325,000 per year. The Thereafter, the Executive’s base salary shall be reviewed annually subject to periodic review by the Board Compensation Committee or designated committee thereofthe Board. The base salary in effect at any given time is 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, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Cano Health, Inc.), Employment Agreement (Jaws Acquisition Corp.)
Base Salary. The Executive’s initial annual base salary shall be calculated at the rate of $410,000300,000.00 per year. The base salary shall be payable in accordance with Employer’s standard payroll practices and policies for employees and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies. Executive’s base salary shall be reviewed annually increase by 10% on December 1 of each year, based on the Board or designated committee thereof. The base salary due to Executive in effect at any given time is referred the year prior to herein as “Base Salaryeach such increase.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Alpha Network Alliance Ventures Inc.), Employment Agreement (Alpha Network Alliance Ventures Inc.)
Base Salary. The Executive’s initial annual base salary shall be $410,000420,000 per year, which base salary shall be payable in accordance with INTCX’s standard payroll practices and policies for senior executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies. The Executive’s base salary shall be reviewed annually subject to annual review and periodic increases as determined by the Compensation Committee of INTCX’s Board or designated committee thereof. The base salary in effect of Directors or, at any given time is referred to herein the discretion of such Board of Directors, the Board of Directors as “Base Salarya whole.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc)
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s 375,000 per annum (such base salary shall salary, as may be reviewed annually by adjusted from time to time in accordance with this Section, the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”), from which shall be deducted all required or authorized payroll deductions, including state and federal withholdings. The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersapplicable to its executives generally. The Base Salary will be reviewed, but no less often than monthlyand may be adjusted, at least annually in a manner designated by the Company.
Appears in 2 contracts
Sources: Executive Employment Agreement (Princeton Review Inc), Executive Employment Agreement (Princeton Review Inc)
Base Salary. The Executive’s initial annual base salary shall be $410,000his annual base salary on the Commencement Date. The Executive’s base salary shall be reviewed redetermined annually by the Compensation Committee of the Board or designated committee thereof(the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysubstantially equal bi-weekly installments.
Appears in 2 contracts
Sources: Employment Agreement (Alkermes Inc), Employment Agreement (Alkermes Inc)
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000360,000.00 per year commencing on the Effective Date (April 14, 2022). The Executive’s base salary shall be reviewed for increase annually by the CEO and/or Compensation Committee of the Board or designated committee thereof(the Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlyemployees.
Appears in 2 contracts
Sources: Employment Agreement (Candel Therapeutics, Inc.), Employment Agreement (Candel Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall be $410,000650,000 per year. The Executive’s base salary shall be reviewed at least annually by the Board or designated committee thereofthe Compensation Committee of the Board for increase only and is not subject to decrease at any time or for any reason (including for the purpose of determining Termination Benefits). The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Sources: Employment Agreement (Insulet Corp)
Base Salary. The Executive’s initial annual base salary shall be as of the Effective Date is $410,000875,000. The Executive’s initial base salary shall be reviewed annually by and any increase is defined as the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable is paid in a manner that is consistent accordance with the Company’s usual normal payroll practices for executive officerspractices, but no not less often frequently than monthlymonthly and subject to applicable taxes and withholding. Executive’s Base Salary shall be subject to annual review by the Board (or a committee thereof), and may be increased, but not decreased below its then current level, from time to time by the Board.
Appears in 1 contract
Base Salary. The Executive’s initial annual Executive `s Initial base salary shall be paid at a rate of $410,000. The Executive’s base salary shall be reviewed annually by 17,500.00 per month (the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “"Base Salary.” "). The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersof the Company, but no less often than at least paid monthly, as may be established or modified from time to time and shall be subject to all applicable federal, state and/or local payroll and withholding taxes.
Appears in 1 contract
Sources: Employment Agreement (Precise Software Solutions LTD)
Base Salary. The Executive’s initial annual base salary shall be $410,000300,000.00. The Executive’s base salary shall be reviewed re-determined annually by the Board or designated committee thereofCompensation Committee of the Board. The base salary in effect at any given time is 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, but no less often than monthly.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary annualized Base Salary shall be $410,000460,000, payable in accordance with the regular payroll practices of the Company. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is 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, but reviewed no less often frequently than monthlyannually, and any changes thereto (which shall thereafter be deemed the Executive’s Base Salary) shall be solely within the discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma)
Base Salary. The Executive’s initial annual base salary shall be $410,000550,000 per year. The Executive’s base salary shall be reviewed evaluated annually for possible increases by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior officers and employees.
Appears in 1 contract
Sources: Employment Agreement (Deciphera Pharmaceuticals, Inc.)
Base Salary. The Executive’s initial annual annualized base salary shall be $410,000510,000.00. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation and Talent Development Committee of the Board (the “Compensation Committee”) or their designee and may be increased but not decreased without the Executive’s written consent. The base salary in effect at any given time is 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, but no less often than monthlysenior management employees.
Appears in 1 contract
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000405,000. The Executive’s base salary shall be reviewed annually evaluated periodically by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 1 contract
Sources: Employment Agreement (Deciphera Pharmaceuticals, Inc.)
Base Salary. The Executive’s initial annual base salary shall be is $410,000331,000, which is subject to review and redetermination by the Company’s Board of Directors (the “Board”) or the Compensation Committee of the Board (the “Compensation Committee”). The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 1 contract
Sources: Employment Agreement (Dimension Therapeutics, Inc.)
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s base salary shall be reviewed annually __________, subject to redetermination by the Board of Directors of the Company (the “Board of Directors”) or designated committee thereofCompensation Committee. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary rate shall be $410,000325,000.00. The Executive’s base salary rate shall be reviewed considered annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be paid at a rate of $410,000468,600 per year. The Executive’s base salary shall be reviewed for increase annually by the CEO and/or Compensation Committee of the Board or designated committee thereof(the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlyemployees.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be is $410,000. The Executive’s base salary shall be reviewed annually 516,000, which is subject to review and redetermination by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”) from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall will be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s 's initial annual base salary Base Salary shall be at a rate of $410,000275,000 per year, paid in accordance with the Company's regular payroll practices in effect from time to time, but not less frequently than monthly. The Executive’s base salary 's Base Salary shall be reviewed annually and may be adjusted by the Board of Directors of the Company (the "Board") or designated committee thereofthe Compensation Committee of the Board (the "Compensation Committee"). The base salary (As used in effect at any given time is referred to herein as “this Agreement, "Base Salary.” The " shall mean Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlyas adjusted from time to time.)
Appears in 1 contract
Sources: Employment Agreement (Ultratech Inc)
Base Salary. The Executive’s initial annual base salary shall be $410,000330,000.00. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofCompensation Committee of the Board. The base salary in effect at any given time is 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, but no less often than monthlysubstantially equal weekly installments.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary rate shall be $410,000415,000. The Executive’s base salary shall may be reviewed annually redetermined by the Board or designated committee thereofCompany’s Compensation Committee, after consultation with the CEO. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Sources: Employment Agreement (Vericel Corp)
Base Salary. The Executive’s initial annual base salary shall be $410,000535,000.00. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is 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, but no less often than monthly.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be $410,000450,000. The Executive’s base salary shall be reviewed annually subject to annual review by the Board or designated committee thereofCompensation Committee but shall not be reduced below $450,000 per annum. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be $410,000300,000. The Executive’s base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysenior executives.
Appears in 1 contract
Sources: Employment Agreement (Alfacell Corp)
Base Salary. The Executive’s initial annual base salary shall be $410,000575,000. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is 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, but no less often than monthly.
Appears in 1 contract
Base Salary. The Executive’s 's initial annual base salary shall be $410,000. The Executive’s base salary shall be reviewed annually by at the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “annual rate of Dollars ($ ) (the "Base Salary.” The Base Salary "), which shall be payable at least as frequently as monthly and subject to deductions and withholdings required by applicable law and as customary in a manner that is consistent with respect of the Company’s usual payroll practices for executive officers's salaried employees. The Company, but no less often than monthlyon the basis of Executive's performance and the Company's financial success and progress, shall review this salary level at least annually.
Appears in 1 contract
Sources: Employment Agreement (Fleetwood Enterprises Inc/De/)
Base Salary. The Executive’s initial annual base salary shall be $410,000250,000. The Executive’s base salary shall be reviewed redetermined annually by the CEO or the Compensation Committee of the Board or designated committee thereof(the “Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual then current payroll practices for executive officers, but no less often than monthlypractice.
Appears in 1 contract
Sources: Employment Agreement (Ener1 Inc)
Base Salary. The Executive’s initial annual base salary shall be paid at the gross rate of $410,000425,000 per year. The Executive’s base salary shall be reviewed subject to periodic review at least annually and may be increased by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”) in its sole discretion. The base salary in effect at any given time is 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 its executive officers, but no less often than monthlyofficers based in the United States.
Appears in 1 contract
Base Salary. The During the Term, the Executive’s initial annual base salary shall be $410,000313,097.20. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary Base Salary shall be at a rate of $410,000555,000 per year, paid in accordance with the Company’s regular payroll practices in effect from time to time, but not less frequently than monthly. The Executive’s base salary Base Salary shall be reviewed annually and may be adjusted by the Board or designated committee thereofof Directors. The base salary (As used in effect at any given time is referred to herein as this Agreement, “Base Salary.” The shall mean Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlyas adjusted from time to time.)
Appears in 1 contract
Sources: Employment Agreement (Ultratech Inc)
Base Salary. The Executive’s initial annual base salary shall be $410,000. The Executive’s 285,000.00 per year, which base salary shall be reviewed annually by the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual standard payroll practices and policies for executive officers, but no less often than monthlysenior executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.
Appears in 1 contract
Base Salary. The During the Term, the Executive’s initial annual base salary shall be at the annualized rate of $410,000450,000. The Executive’s base salary shall be reviewed at least annually by the Board or designated committee thereofand may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is 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, but no less often than monthlysenior executives.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be $410,000700,000. The Executive’s base salary shall be reviewed re-determined annually by the Board or designated committee thereofCompensation Committee of the Board. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual payroll practices for executive officers, but no less often than monthlycycle of the Company and will be subject to applicable withholdings and deductions.
Appears in 1 contract
Base Salary. The Executive’s 's initial annual base salary shall be $410,000219,712. The Executive’s 's base salary shall be reviewed redetermined annually by the Board or designated committee thereofthe Compensation Committee of the Board (the "Compensation Committee"). The base salary in effect at any given time is referred to herein as “"Base Salary.” " The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlysubstantially equal bi-weekly installments.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be $410,00028,333.33 per month (which annualizes to three hundred forty thousand dollars ($340,000)). The Executive’s base salary shall be reviewed annually re-determined each fiscal year during the term of this Agreement by the Board or designated committee a Committee thereof, beginning with fiscal year 2020. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in substantially equal installments on a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthlybi-weekly or more frequent basis.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be $410,000263,000, minus all applicable deductions, and paid in accordance with the Bank’s customary payroll practices. The Executive’s base salary shall will be reviewed at least annually by the CNB Financial Corporation Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salaryand adjustments considered but not guaranteed.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 1 contract
Sources: Executive Employment Agreement (CNB Financial Corp/Pa)
Base Salary. The Executive’s initial annual base salary shall be $410,000414,250. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often frequently than semi-monthly. The Executive shall not be required to defer any portion of Base Salary.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s 300,000 per annum (such base salary shall salary, as may be reviewed annually by adjusted from time to time in accordance with this Section, the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”), from which shall be deducted all required or authorized payroll deductions, including state and federal withholdings. The Base Salary shall be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersapplicable to its executives generally. The Base Salary will be reviewed, but no less often than monthlyand may be adjusted, at least annually in a manner designated by the Company.
Appears in 1 contract
Sources: Executive Employment Agreement (Princeton Review Inc)
Base Salary. The Executive’s initial annual base salary shall will be $410,000. The Executive’s 384,000 per annum (such base salary shall salary, as may be reviewed annually by adjusted from time to time in accordance with this Section, the Board or designated committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary.” ”), from which shall be deducted all required or authorized payroll deductions, including state and federal withholdings. The Base Salary shall will be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for executive officersapplicable to its executives. The Base Salary will be reviewed, but no less often than monthlyand may be adjusted, at least annually in a manner designated by the Board.
Appears in 1 contract
Base Salary. The As of the Effective Date, the Executive’s initial annual base salary shall be paid at the rate of $410,000. The Executive’s base salary shall be reviewed annually by the Board or designated committee thereof362,000 per year. The base salary in effect at any given time is 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 its executive officers, but no less often than monthly.
Appears in 1 contract
Base Salary. The Executive’s initial annual base salary shall be paid at the rate of $410,000406,061 per year. The Executive’s base salary shall be reviewed annually subject to periodic review by the Board or designated committee thereofthe Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers, but no less often than monthly.
Appears in 1 contract