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 $500,000, subject to such increases as the CEO shall make at the beginning of each year (hereinafter called the ‘Basic Salary’), payable monthly.”

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than $500,000430,000, subject to such increases adjustments as the CEO shall make at the beginning of each year (hereinafter called the "Basic Salary’), ") payable monthly.

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than $500,000280,000, subject to such increases adjustments as the CEO shall make at the beginning of each year (hereinafter called the Basic Salary’), ”) payable monthly.

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than $500,000430,000, subject to such increases adjustments as the CEO shall make at the beginning of each year (hereinafter called the Basic Salary’), ”) payable monthly.

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than $500,000280,000, subject to such increases adjustments as the CEO shall make at the beginning of each year (hereinafter called the "Basic Salary’), ") payable monthly.

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)

Basic Salary. Employee shall, during the Employment Period, receive a basic annual salary of not less than $500,000375,000, subject to such increases as the CEO shall make at the beginning of each year (hereinafter called the ‘Basic Salary’), ) payable monthly.”

Appears in 1 contract

Sources: Employment Agreement (Nortek Inc)