Common use of Initial Bonus and Base Salary Clause in Contracts

Initial Bonus and Base Salary. On the IPO Date, Executive shall receive a cash bonus of $250,000.00. Commencing on the first day of the calendar month following the IPO Date (the “Compensation Start Date”), Executive shall receive a minimum annual base salary of $175,000.00. Executive’s annual base salary shall be reviewed by the Board of Directors of TMG (or a committee thereof) on an annual basis beginning on January 1, 2013, and, in the sole discretion of the Board of Directors of TMG (or such committee), such annual base salary may be increased, but not decreased, effective as of January 1 of each year. Executive’s annual base salary shall be paid in equal installments in accordance with Company’s standard policy regarding payment of compensation to executives, but no less frequently than monthly.

Initial Bonus and Base Salary. On the IPO Date, Executive shall receive a cash bonus of $250,000.00. Commencing on the first day of the calendar month following the IPO Date (the “Compensation Start Date”), Executive shall receive a minimum annual base salary of $175,000.00. Executive’s annual base salary shall be reviewed by the Board of Directors of TMG (or a committee thereof) on an annual basis beginning on January 1, 2013, and, in the sole discretion of the Board of Directors of TMG (or such committee), such annual base salary may be increased, but not decreased, effective as of January 1 of each year. Executive’s annual base salary shall be paid in equal installments in accordance with CompanyTMG’s standard policy regarding payment of compensation to executives, but no less frequently than monthly.

Initial Bonus and Base Salary. On the IPO Date, Executive shall receive a cash bonus of $250,000.002,000,000.00. Commencing on the first day of the calendar month following the IPO Date (the “Compensation Start Date”), Executive shall receive a minimum annual base salary of $175,000.00. Executive’s annual base salary shall be reviewed by the Board of Directors of TMG (or a committee thereof) on an annual basis beginning on January 1, 2013, and, in the sole discretion of the Board of Directors of TMG (or such committee), such annual base salary may be increased, but not decreased, effective as of January 1 of each year. Executive’s annual base salary shall be paid in equal installments in accordance with CompanyTMG’s standard policy regarding payment of compensation to executives, but no less frequently than monthly.