Common use of Salary and Benefits Clause in Contracts

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 2 contracts

Samples: Executive Agreement (Aspen Aerogels Inc), Executive Agreement (Aspen Aerogels Inc)

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Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 184,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 2 contracts

Samples: Executive Agreement (Aspen Aerogels Inc), Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 244,300 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 2 contracts

Samples: Executive Agreement (Aspen Aerogels Inc), Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 480,000 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 2 contracts

Samples: Executive Agreement (Aspen Aerogels Inc), Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 265,300 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 2 contracts

Samples: Executive Agreement (Aspen Aerogels Inc), Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s 's base salary shall be $329,400 180,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the "Base Salary"). The Base ----------- Salary shall be payable in regular installments in accordance with the Company’s 's general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Employment Agreement (Iconixx Corp)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 300,500 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 275,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 245,068 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s 's base salary shall be $329,400 180,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the "Base Salary"). The Base ----------- Salary shall be payable in regular installments in accordance with the Company’s 's general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Employment Agreement (Iconixx Corp)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 238,400 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

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Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 300,000 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 220,000 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s 's base salary shall be $329,400 180,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the "Base Salary"). The Base Salary ----------- shall be payable in regular installments in accordance with the Company’s 's general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Employment Agreement (Iconixx Corp)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 205,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereof.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s base salary shall be $329,400 per year 283,371 (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices, shall be subject to customary withholding and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Executive Agreement (Aspen Aerogels Inc)

Salary and Benefits. (i) During the Employment Period, the Executive’s 's base salary shall be $329,400 175,000 per year (such annual salary, as it may be adjusted upward by the Board or a committee thereof in its discretion, being referred to as the "Base Salary"). The Base Salary shall be payable in regular installments in accordance with the Company’s 's general payroll practices, shall be subject to customary withholding withholding, and may be increased (but not decreased) at the discretion of the Board or a committee thereofBoard.

Appears in 1 contract

Samples: Employment Agreement (Iconixx Corp)

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