Common use of Basic Compensation Clause in Contracts

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 1999 $140,000.00 2000 $155,000.00

Appears in 2 contracts

Samples: Employment Agreement (Newmark Homes Corp), Employment Agreement (Newmark Homes Corp)

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Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ---- ----------- 11/1/96 - 12/31/96 $120,000.00 1997 $140,000.00 1998 $125,000.00 155,000.00 1999 $140,000.00 2000 $155,000.00170,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 250,000.00 1999 $140,000.00 275,000.00 2000 $155,000.00300,000.00 2001 $350,000.00 2002 $400,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ---- ----------- 11/1/96 - 12/31/96 $165,000.00 1997 $185,000.00 1998 $125,000.00 205,000.00 1999 $140,000.00 2000 $155,000.00225,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ---- ----------- 11/1/96 - 12/31/96 $200,000.00 1997 $225,000.00 1998 $125,000.00 250,000.00 1999 $140,000.00 2000 $155,000.00275,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 155,000.00 1999 $140,000.00 170,000.00 2000 $155,000.00185,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ---- ----------- 11/1/96 - 12/31/96 $125,000.00 1997 $140,000.00 1998 $125,000.00 155,000.00 1999 $140,000.00 2000 $155,000.00170,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 11/1/96 - 12/31/96 $200,000.00 1997 $225,000.00 1998 $125,000.00 250,000.00 1999 $140,000.00 2000 $155,000.00275,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 150,000.00 1999 $140,000.00 165,000.00 2000 $155,000.00180,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 155,000 1999 $140,000.00 170,000 2000 $155,000.00210,000 2001 $240,000 2002 $270,000 2003 $300,000

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

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Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 250,000.00 1999 $140,000.00 275,000.00 2000 $155,000.00300,000.00 2001 $325,000.00 2002 $350,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 400,000.00 1999 $140,000.00 450,000.00 2000 $155,000.00525,000.00 2001 $550,000.00 2002 $575,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 400,000.00 1999 $140,000.00 450,000.00 2000 $155,000.00500,000.00 2001 $500,000.00 2002 $500,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 155,000.00 1999 $140,000.00 170,000.00 2000 $155,000.00185,000.00 2001 $200,000.00 2002 $215,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ---- ----------- 10/1/96 - 12/31/96 $125,000.00 1997 $137,500.00 1998 $125,000.00 150,000.00 1999 $140,000.00 2000 $155,000.00162,500.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

Basic Compensation. (a) The Employee will be paid an annual salary as set forth below ("Base Salary"), which will be payable in equal periodic installments according to the Employer's customary payroll practices, but no less frequently than monthly. Calendar Year Base Salary ------------- ----------- 1998 $125,000.00 150,000.00 1999 $140,000.00 175,000.00 2000 $155,000.00190,000.00 2001 $205,000.00 2002 $220,000.00

Appears in 1 contract

Samples: Employment Agreement (Newmark Homes Corp)

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