Common use of Compensation and Benefits During Term of Employment Clause in Contracts

Compensation and Benefits During Term of Employment. 4.1 The Bank shall pay Employee during the Term of Employment $135,000 per annum paid on a monthly basis, with such increases as provided in Section 4.2 below, as salary (the "Salary"). The Bank may also pay such bonus compensation ("Bonus Compensation") as may be determined by the Board of Directors of the Bank in its sole discretion.

Compensation and Benefits During Term of Employment. 4.1 The Bank shall pay Employee during the Term of Employment $135,000 145,000.00 per annum paid on a monthly basis, with such increases as provided in Section 4.2 below, as salary (the "Salary"). The Bank may also pay such bonus compensation ("Bonus Compensation") as may be determined by the Board of Directors of the Bank in its sole discretion.

Compensation and Benefits During Term of Employment. 4.1 The Bank shall pay Employee during the Term of Employment $135,000 113,900 per annum paid on a monthly basis, with such increases as provided in Section 4.2 below, as salary (the "Salary"). The Bank may also pay such bonus compensation ("Bonus Compensation") as may be determined by the Board of Directors of the Bank in its sole discretion.

Compensation and Benefits During Term of Employment. 4.1 The Bank shall pay Employee during the Term of Employment $135,000 125,000.00 per annum paid on a monthly basis, with such increases as provided in Section 4.2 below, as salary (the "Salary"). The Bank may also pay such bonus compensation ("Bonus Compensation") as may be determined by the Board of Directors of the Bank in its sole discretion.

Compensation and Benefits During Term of Employment. 4.1 The Bank shall pay Employee during the Term of Employment $135,000 100,000.00 per annum paid on a monthly basis, with such increases as provided in Section 4.2 below, as salary (the "Salary"). The Bank may also pay such bonus compensation ("Bonus Compensation") as may be determined by the Board of Directors of the Bank in its sole discretion.