Common use of Compensation Payable to Executive Clause in Contracts

Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during the Employment Term, the Company shall pay to Executive a salary at the rate of $800,000 per annum. The Board of Directors shall review Executive's compensation annually to determine, in its sole discretion, whether any increase in Executive's salary is appropriate.

Appears in 2 contracts

Samples: Employment Agreement (Liberty Media Corp), Employment Agreement (Liberty Media Corp /De/)

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Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during During the Employment Term, the Company shall will pay to Executive a base salary at the rate of $800,000 1,100,000 per annum. All payments under this Agreement will be subject to applicable withholding and similar taxes. The Board of Directors shall Chief Executive Officer will review Executive's ’s compensation annually to determine, in its sole discretion, determine whether any additional increase in the Executive's ’s salary is appropriate. Executive’s base salary will be paid to Executive in accordance with the Company’s regular policy but not less frequently than every other week.

Appears in 1 contract

Samples: Employment Agreement (Herbalife Ltd.)

Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during During the Employment Term, the Company shall will pay to Executive a base salary at the rate of $800,000 1,100,000 per annum. All payments under this Agreement will be subject to applicable withholding and similar taxes. The Board of Directors shall Chief Executive Officer will review Executive's compensation annually to determine, in its sole discretion, determine whether any additional increase in the Executive's salary is appropriate. Executive's base salary will be paid to Executive in accordance with the Company's regular policy but not less frequently than every other week.

Appears in 1 contract

Samples: Employment Agreement (Herbalife Ltd.)

Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during the Employment Term, the Company shall pay to Executive a salary at the rate of $800,000 900,000 per annum. The Board of Directors shall review Executive's compensation annually to determine, in its sole discretion, whether any increase in Executive's salary is appropriate.

Appears in 1 contract

Samples: Employment Agreement (Tele Communications Inc /Co/)

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Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during During the Employment Term, the Company shall pay to Executive a salary at the rate of $800,000 560,000 per annum. The Board of Directors shall review Executive's compensation annually to determine, in its sole discretion, whether any increase in the Executive's salary is appropriate.

Appears in 1 contract

Samples: Employment Agreement (Tele Communications Inc /Co/)

Compensation Payable to Executive. (a) Commencing on the date of this Agreement and thereafter during During the Employment Term, the Company shall pay to Executive a salary at the rate of $800,000 560,000.00 per annum. The Board of Directors shall review Executive's compensation annually to determine, in its sole discretion, whether any increase in Executive's salary is appropriate.

Appears in 1 contract

Samples: Employment Agreement (Tele Communications Inc /Co/)

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