Basic Salary. For all your services rendered under this Agreement, UO shall pay you a salary at an annual rate of no less than $450,000, or at such higher salary as may be determined by your performance review and the Executive Vice President, Human Resources, Legal & Business Affairs, UPR. Such higher salary shall subsequently be deemed the annual rate, commencing on such date as the Executive Vice President, Human Resources, Legal & Business Affairs, UPR may determine, for purposes of this Agreement.
Basic Salary. (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.
Basic Salary. As of the date of this Agreement, the Executive’s annual base salary (“Salary”) is $300,000. Executive’s Salary may be increased from time to time based on merit or such other considerations as the Compensation Committee of the Board (“Compensation Committee”) may deem appropriate, and prior to a Change in Control (as defined in Section 4.8 herein) may be reduced as part of a general across the board Salary reduction that is applicable to all senior executives with comparable responsibility, title or stature. The Salary shall be payable in periodic installments in accordance with the Company’s regular payroll practices as in effect from time to time.
Basic Salary a) Start of scale, threshold 1 and threshold 2 Each classification group corresponds to a guaranteed minimum reference salary for full- time work. The figures stated below correspond to the basic monthly salary expressed in EUR at ind. 100. Salary scale for 2015 Groups Start of scale Threshold 1 Threshold 2 I 317.89 460.64 475.88 II 336.70 479.45 509.54 III 374.09 516.40 579.93 IV 441.02 567.51 658.98 V 533.64 660.14 762.01 VI 573.70 700.20 814.55
Basic Salary. The Company shall pay Employee, as compensation for all of the services to be rendered by him hereunder during each Employment Year, a salary of $250,000 per Employment Year (as adjusted upward by the Board from time to time) (the "Basic Salary"), payable in substantially equal monthly payments, less such deductions or amounts as are required to be deducted or withheld by applicable laws or regulations, deductions for employee contributions to welfare benefits provided by the Company to Employee and such other deductions or amounts, if any, as are authorized by Employee. The Basic Salary shall be prorated for the month in which employment by the Company or a Subsidiary commences or terminates, and for any Employment Year which is less than twelve (12) months in duration. The Basic Salary may be increased from time-to-time by the Board (without Employee's participation as a director) and, once increased, shall not thereafter be reduced. The Basic Salary shall be reviewed at least once in every Employment Year by a committee of the Board responsible for determining compensation of senior management of the Company, each of the members of which is a "non-employee-director" as defined in Rule 16b-3 of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended (the "Committee"). Any increase in Basic Salary shall not serve to offset or reduce any other obligation to Employee under this Agreement.
Basic Salary. The Corporation will pay the Employee during the ------------ term hereof for all services to be rendered hereunder a basic salary at the rate of two hundred thousand dollars ($200,000) per annum from the Effective Date through December 31, 2000; two hundred five thousand dollars ($205,000) per annum from January 1, 2001 through December 31, 2001; and two hundred ten thousand dollars ($210,000) per annum from January 1, 2002 to December 31, 2002. The foregoing basic salary shall be paid in such regular installments as are applied generally to salary period payments to other employees of the Corporation, but in no event less than twice monthly.
Basic Salary. During the term set forth in Section 2, above, the Corporation shall pay Executive a basic salary, payable in accordance with the Corporation's standard payroll practices, as follows: $128,150, per annum for the period from the Effective Date through September 30, 1996 and $135,839, per annum, thereafter. Executive's salary may be reviewed from time to time by the Board, to increase the amount of such salary. Executive's salary shall not be reduced during the term of this Agreement. Any increased salary shall become Executive's basic salary for purposes of this Agreement. (b)