Fixed Salary. During the Term, as compensation for Executive's services, the Company shall pay Executive a salary at the rate of $200,000 per annum (the "FIXED SALARY") in equal bi-weekly installments less appropriate payroll deductions as required by law. The Fixed Salary shall be reviewed at least annually by the CEO or such other persons as appointed by the CEO and may be increased, but not decreased as a result of such review.
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Samples: Employment Agreement (Mpower Holding Corp), Employment Agreement (Mpower Holding Corp)
Fixed Salary. During the Term, as compensation for Executive's services, the Company shall pay Executive a salary at the rate of $200,000 220,000 per annum (the "FIXED SALARY") in equal bi-weekly installments less appropriate payroll deductions as required by law. The Fixed Salary shall be reviewed at least annually thereafter by the CEO or such other persons as appointed by the CEO and may be increased, but not decreased as a result of such reviewCEO.
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Fixed Salary. During the Term, as compensation for Executive's services, the Company shall pay Executive a salary at the rate of $200,000 160,000 per annum (the "FIXED SALARY") in equal bi-weekly installments less appropriate payroll deductions as required by law. The Fixed Salary shall increase to $175,000 per annum on September 29, 2003 and shall be reviewed at least annually thereafter by the CEO or such other persons as appointed by the CEO and may be increased, but not decreased as a result of such reviewCEO.
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Fixed Salary. During the Term, as compensation for Executive's services, the Company shall pay Executive a salary at the rate of $200,000 225,000 per annum (the "FIXED SALARY") in equal bi-weekly installments less appropriate payroll deductions as required by law. The Fixed Salary shall be reviewed at least annually by the CEO or such other persons as appointed by the CEO and may be increased, but not decreased as a result of such review.
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