Common use of Cash Compensation Clause in Contracts

Cash Compensation. In consideration for the services to be rendered by Executive hereunder, the Company shall pay to him a salary at an annual rate of $339,858, payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors shall review Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at its discretion, approve a salary increase. In addition to salary, Executive shall receive such other compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determine.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall pay to him a salary at an annual rate of $339,858350,000, payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company (“Board”) shall review the Executive’s annual rate of salary during the regular employee review process and at such other times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) monthsand may, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858160,000, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858[ ], payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company (“Board”) shall review the Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company Bank shall pay to him a salary at an annual rate of $339,858350,000, payable in approximately equal installments in accordance with the Company’s Bank ‘s customary payroll practices for senior officers. The Company’s Board of Directors of the Bank (“Board”) shall review the Executive’s annual rate of salary during the regular employee review process and at such other times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) monthsand may, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall pay to him her a salary at an initial annual rate of sixty-three thousand dollars ($339,85863,000), payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company or the Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858[ ], payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858416,078, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company ("Board") shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him her a salary at an annual rate of $339,858228,177.77, payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by Executive hereunder, the Company Bank shall pay to him Executive a salary at an initial annual rate of Three Hundred Sixteen Thousand, Six Hundred Sixty Seven Dollars ($339,858, 316,667) payable in approximately equal installments in accordance with the Company’s Bank's customary payroll practices for senior officers. The Company’s Prior to each Anniversary Date occurring during the Employment Period, the Board of Directors shall review Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriateand may, but not less frequently than once every twelve (12) months, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, Executive shall may receive such other cash compensation from the Company Bank for services hereunder at such times, and in such amounts and on such terms and conditions conditions, as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858180,913.82, payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him her a salary at an annual rate of $339,858, 243,092.20 payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall pay to him a salary at an annual rate of $339,858350,000, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company (“Board”) shall review the Executive’s 's annual rate of salary during the regular employee review process and at such other times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) monthsand may, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858, 225,000 payable in approximately equal installments in accordance with the Company’s customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858315,000, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858200,000, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858221,780, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858211,484, payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company ("Board") shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall pay to him a salary at an initial annual rate of eighty-five thousand dollars ($339,85885,000), payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company or the Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall continue to pay to him a salary at an annual rate of $339,858, 252,918.12 payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors of the Company shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company Bank shall pay to him a salary at an annual rate of $339,858350,000, payable in approximately equal installments in accordance with the Company’s Bank 's customary payroll practices for senior officers. The Company’s Board of Directors of the Bank (“Board”) shall review the Executive’s 's annual rate of salary during the regular employee review process and at such other times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) monthsand may, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by the Executive hereunder, the Company shall pay to him a salary at an initial annual rate of one hundred twenty-five thousand dollars ($339,858125,000), payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Board of Directors shall review the Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriate, but not less frequently than once every twelve (12) months, and may at may, in its discretion, approve a salary increasean increase therein. In addition to salary, the Executive shall may receive such other cash compensation from the Company or the Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.

Cash Compensation. In consideration for the services to be rendered by Executive hereunder, the Company shall pay to him Executive a salary at an initial annual rate of $339,858, 600,000 payable in approximately equal installments in accordance with the Company’s 's customary payroll practices for senior officers. The Company’s Prior to each anniversary of the date of this Agreement occurring during the Employment Period, or on such other date as the Board of Directors may determine, but in no event greater than twelve (12) months between reviews, the Board shall review Executive’s 's annual rate of salary at such times during the Employment Period as it deems appropriateand may, but not less frequently than once every twelve (12) months, and may at in its discretion, approve a salary increasean increase therein. In addition to salary, Executive shall may receive such other cash compensation from the Company or Bank for services hereunder at such times, and in such amounts and on such terms and conditions as the Board of Directors of the Company may determinedetermine from time to time.