Common use of Salary; Additional Compensation; Perquisites and Benefits Clause in Contracts

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 4 contracts

Samples: Employment Agreement (American General Hospitality Corp), Executive Employment Agreement (Meristar Hospitality Corp), Employment Agreement (American General Hospitality Corp)

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Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership Subsidiary will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 96,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 3 contracts

Samples: Employment Agreement (Cavanaughs Hospitality Corp), Employment Agreement (Cavanaughs Hospitality Corp), Employment Agreement (Cavanaughs Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 190,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 2 contracts

Samples: Employment Agreement (Meristar Hotels & Resorts Inc), Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 635,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 2 contracts

Samples: Executive Employment Agreement (Meristar Hospitality Finance Corp), Executive Employment Agreement (Meristar Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 300,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 2 contracts

Samples: Executive Employment Agreement (Meristar Hospitality Corp), Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 400,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 2 contracts

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc), Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 190,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 2 contracts

Samples: Executive Employment Agreement (Meristar Hotels & Resorts Inc), Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 375,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 424,360 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Meristar Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 196,735 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ”) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership Subsidiary will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 155,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic period installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Cavanaughs Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 360,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 275,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Meristar Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 200,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 159,500 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 525,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 210,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Meristar Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 120,960 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 220,500 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 162,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 210,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 320,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 200,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 260,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ”) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

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Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 190,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ”) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 325,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 265,974 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 350,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Interstate Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 325,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly. The first annual review for which Executive shall be eligible for a raise shall be on or about April 1, 2003.

Appears in 1 contract

Samples: Executive Employment Agreement (Meristar Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 225,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Westcoast Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 209,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership Subsidiary will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 390,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ”) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 200,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Capstar Hotel Co)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 425,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Meristar Hotels & Resorts Inc)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 175,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee")”) and, and in the discretion of such the Committee, increased to increase from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership Subsidiary will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 130,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Employment Agreement (Cavanaughs Hospitality Corp)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 210,000 per annum, subject to annual review by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee"), ”) and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's ’s standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the Partnership LLC will pay the Executive a base salary at an aggregate annual rate of not less than $285,000 120,000 per annum, subject to annual review by the Compensation Committee of the Board (the "Compensation Committee"), and in the discretion of such Committee, increased from time to time. Once increased, such base salary may not be decreased. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.

Appears in 1 contract

Samples: Executive Employment Agreement (Meristar Hotels & Resorts Inc)

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