Common use of Basic Salary Clause in Contracts

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than his salary in effect as of the Effective Date, subject to such adjustments as the CEO shall make at the beginning of each year (hereinafter called the "Basic Salary") payable monthly.

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than his salary in effect as of the Effective Date$500,000, subject to such adjustments increases as the CEO shall make at the beginning of each year (hereinafter called the "‘Basic Salary") ’), payable monthly.”

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than his salary in effect as of the Effective Date$280,000, subject to such adjustments as the CEO shall make at the beginning of each year (hereinafter called the "Basic Salary") payable monthly.