Monthly Base Salary. As compensation for services rendered under this Agreement, Employee shall be entitled to receive from Company a monthly base salary (before standard deductions) equal to $18,750, subject to periodic review and upward adjustment by the Board in its sole discretion (downward adjustment shall not be permitted) (the "Salary"). Employee's monthly base salary shall be payable at regular intervals (at least semi-monthly) in accordance with the prevailing practice and policy of Company.
Monthly Base Salary. During his employment, Employee’s monthly base salary shall be $18,367.00 payable bi-weekly in equal payments.
Monthly Base Salary. The Company shall pay or caused to be paid ------------------- to the Executive a monthly base salary of twenty thousand Canadian dollars (CDN $20,000) (the "Monthly Salary"). The Monthly Salary shall be payable in periodic installments as agreed from time-to-time by the Executive and the Board, but at least semi-monthly, and shall be subject to any Tax Withholdings and/or Employee Deductions that are applicable. In any pay period in which the Executive shall be employed for less than the entire number of business days in such pay period, the Monthly Salary for such pay period shall be prorated on the basis of the number of business days during which the Executive was actually employed during such pay period, divided by the actual number of business days in such pay period. Commencing on the first annual anniversary date of this Agreement, and on each annual anniversary date thereafter, the Monthly Salary then effective shall be increased by an amount equal to five percent (5%) of the Monthly Salary for the immediately prior year. Additionally, commencing on or prior to the first annual anniversary date of this Agreement, and on or prior to each annual anniversary date thereafter, the Board shall review the Executive's Monthly Salary to determine whether to increase the Monthly Salary by an amount in excess of said five percent (5%) increment, without any obligation by the Board to authorize such increase.
Monthly Base Salary. A base salary (“Base Salary”) at the monthly equivalent rate of One Hundred and Fifty Thousand Dollars ($150,000) per annum.
Monthly Base Salary. The Company shall pay or caused to be paid to ------------------- the Executive a monthly base salary of nine thousand one hundred sixty six Canadian dollars and sixty seven cents (Cdn. $9,166.67) (the "Monthly Salary"). The Monthly Salary shall be payable in periodic installments as agreed from time-to-time by the Executive and the Board, but at least semi-monthly, and shall be subject to any Tax Withholdings and/or Employee Deductions that are applicable. In any pay period in which the Executive shall be employed for less than the entire number of business days in such pay period, the Monthly Salary for such pay period shall be prorated on the basis of the number of business days during which the Executive was actually employed during such pay period, divided by the actual number of business days in such pay period.
Monthly Base Salary. Commencing on the Termination Date, Employee shall receive Monthly Base Salary, at a rate equal to the highest Monthly Base Salary paid to Employee within the six (6) months preceding the Termination Date, each month during the Continuation Period. At the option of the Company, all or part of such Monthly Base Salary may be paid in a lump sum.
Monthly Base Salary. As compensation for the services to be rendered hereunder, the Company shall pay Employee a salary of $16,667.67 per month for a period of thirty-six (36) months. Such salary shall be payable in at least monthly installments during the term of this Agreement.
Monthly Base Salary. Twenty Nine Thousand One Hundred and Sixty-Six Dollars and 67 /100 Dollars ($29,166.67)
Monthly Base Salary. As of the effective date, your monthly base salary rate will be at $14,405 per month, less applicable deductions and payable semi-monthly by direct deposit. Your monthly base salary will be subject to the Company’s currency policy for executive pay. For 2022, subject to modifications in accordance with the Company’s currency policy for executive pay, 63.5% of your base salary will be denominated in Canadian dollars and 36.5% will be denominated in US dollars.
Monthly Base Salary. Employee shall be paid a lump-sum amount equal to the product of Employee’s Monthly Base Salary and Employee’s Continuation Number. To the extent required by Section 409A, if Employee is a Specified Employee, this lump sum shall be paid no earlier than the Earliest Payment Date and no later than ten business days thereafter.
