Beginning on the Commencement Date. the Company shall pay ------ the Employee a base salary at the annual rate of Two Hundred Sixteen Thousand Dollars ($216,000) (as the same may hereafter be adjusted, the "Salary") during the term of this Agreement. The Salary shall be inclusive of all applicable income, social security and other taxes and charges that are required by law to be withheld by the Company (collectively, "Taxes") and shall be paid and withheld in accordance with the Company's normal payroll practices for its executive employees from time to time in effect.
Appears in 1 contract
Sources: Executive Employment Agreement (Si Handling Systems Inc)
Beginning on the Commencement Date. the Company shall ------ pay ------ the Employee a base salary at the annual rate of Two One Hundred Sixteen Five Thousand Dollars ($216,000105,000) (as the same may hereafter be adjusted, the "Salary") during the term of this Agreement. The Salary shall be inclusive of all applicable income, social security and other taxes and charges that are required by law to be withheld by the Company (collectively, "Taxes") and shall be paid and withheld in accordance with the Company's normal payroll practices for its executive employees from time to time in effect.
Appears in 1 contract
Sources: Executive Employment Agreement (Paragon Technologies Inc)