Common use of Salary Clause in Contracts

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 4 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

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Salary. For all As compensation for his services rendered by hereunder and in consideration of the Executive under this AgreementExecutive’s other agreements hereunder, during the Employment Term, the Employer Company shall pay the Executive a salary (base salary, payable in equal installments in accordance with the “Salary”) Company’s payroll procedures, at the an annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time in annual review by the discretion of Board, which may increase, but not decrease, the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the EmployerExecutive’s usual practice for its senior executivesbase salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand ________________________Dollars ($400,000___), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Directors. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pemi Bancorp Inc), Form of Employment Agreement (Northway Financial Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand ________________________Dollars ($400,000________), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Agreement (Merkert American Corp), Agreement (Monroe Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a an annual salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars four hundred thousand dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors ) (the “Compensation CommitteeSalary”). The Salary shall be payable in periodic installments in accordance with the EmployerCompany’s usual practice for its senior executivesemployees, but in no event less than monthly over the year in which the Salary is earned.

Appears in 2 contracts

Samples: Employment Agreement (Digital Turbine, Inc.), Employment Agreement (Digital Turbine, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred Fifty Thousand Dollars ($400,000250,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Forty Thousand Dollars ($400,000440,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars two hundred and fifty thousand dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”250,000). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Citius Pharmaceuticals, Inc.), Employment Agreement (Citius Pharmaceuticals, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four One Hundred Ninety Thousand Dollars dollars ($400,000190,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (First Foundation Inc.), Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand ________________________Dollars ($400,000________), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Directors. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pemi Bancorp Inc), Employment Agreement (Northway Financial Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars two hundred thousand dollars ($400,000)200,000.00) per annum, less normal withholdings, effective beginning July 20, 2007, and subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Allion Healthcare Inc), Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand Dollars THREE HUNDRED THOUSAND DOLLARS ($400,000300,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment and Noncompetition Agreement (Merkert American Corp), Employment and Noncompetition Agreement (Merkert American Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars three hundred fifty thousand dollars ($400,000)350,000.00) per annum, subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Allion Healthcare Inc), Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Three Hundred Fifty Thousand Dollars ($400,000350,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars one hundred eighty thousand dollars ($400,000)180,000.00) per annum, less normal withholdings, effective beginning July 20, 2007, and subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Allion Healthcare Inc), Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars three hundred thousand dollars ($400,000300,000.00), subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Allion Healthcare Inc), Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Six Hundred Thousand Dollars ($400,000600,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four One Hundred Ninety Five Thousand Dollars dollars ($400,000195,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (First Foundation Inc.), Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Ninety Thousand Dollars dollars ($400,000390,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (First Foundation Inc.), Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate rate, of Four Hundred Thousand Dollars ($400,000)164,000 per year, subject to an annual increase from time to time in of not less than five percent (5%) of the discretion of then current annual salary, as determined by the Board of Directors or the Compensation Committee in accordance with the usual practice of the Board Employer with respect to review of Directors (the “Compensation Committee”)compensation for its senior executives. The Salary Executive's salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Ensys Environmental Products Inc /De/), Employment Agreement (Strategic Diagnostics Inc/De/)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Fifty Thousand Dollars ($400,000350,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (TechTarget Inc), Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars one hundred sixty thousand dollars ($400,000)160,000.00) per annum, less normal withholdings, effective beginning July 20, 2007, and subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 2 contracts

Samples: Employment Agreement (Allion Healthcare Inc), Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a an annual salary (the “Salary”) at the annual rate of Four Three Hundred Fifty Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”350,000). The Executive’s Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executivesemployees, but in no event less than monthly over the year in which the Salary is earned.

Appears in 2 contracts

Samples: Employment Agreement (Mandalay Digital Group, Inc.), Employment Agreement (Mandalay Digital Group, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars Two hundred and sixty thousand dollars ($400,000260,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (EPIX Pharmaceuticals, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred and Seventy-Five Thousand Dollars ($400,000175,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Monarch Dental Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred Twenty-Five Thousand Dollars ($400,000125,000), subject to increase after the first year of the Term from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Directors. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Washington Trust Bancorp Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Fifty Thousand Dollars ($400,000450,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Bluegreen Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred and Fifty Thousand Dollars ($400,000250,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four One Hundred Eighty Thousand Dollars ($400,000180,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Bladelogic Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Eighty Thousand Dollars ($400,000480,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four One Hundred Seventy Five Thousand Dollars ($400,000175,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Bladelogic Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred Seventy Five Thousand Dollars ($400,000275,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For Beginning January 1, 2005, for all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Ten Thousand Dollars ($400,000210,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Two hundred Thirty Thousand Dollars ($400,000230,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four One Hundred Twenty Thousand Dollars ($400,000120,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Seventy Five Thousand Dollars ($400,000375,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Arbinet Thexchange Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Two Hundred Fifty Nine Thousand Five Hundred Eighty-Four Hundred Thousand Dollars ($400,000259,584), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Avant Immunotherapeutics Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand Dollars ONE HUNDRED SEVENTY-FIVE THOUSAND DOLLARS ($400,000175,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Merkert American Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Twenty Five Thousand Dollars ($400,000225,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred and Thirty Thousand Dollars ($400,000230,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred and Forty Thousand Dollars ($400,000240,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered to the Company by Executive during the Executive under term of this Agreement, the Employer Company shall pay the Executive a an annual salary (the “Salary”) at the annual rate of Four One Hundred Seventy Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”170,000.00). The Salary Executive's annual salary shall be increased each year in accordance with the Company's overall compensation pool and in accordance with Executive's performance of his duties. Executive's salary shall be payable in periodic equal installments in accordance with and at the Employer’s usual practice for its same time and frequency as other senior executivesexecutive management of the Company are paid. All salary payments shall be subject to withholding and other applicable taxes.

Appears in 1 contract

Samples: Executive Employment Agreement (Precept Business Services Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Thousand Dollars ($400,000200,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For During the Term for all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Fifty Thousand Dollars ($400,000), 250,000) subject to increase from time to time in at the discretion of the Board of Directors Leadership Council or the Compensation Committee of the Board of Directors Leadership Council (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Nextera Enterprises Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a an annual salary (the "Salary") at the annual rate of Four Two Hundred Seventy-Five Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”275,000). The Executive’s Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executivesemployees, but in no event less than monthly over the year in which the Salary is earned.

Appears in 1 contract

Samples: Employment Agreement (Mandalay Digital Group, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Forty Thousand Dollars ($400,000440,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred Twenty Five Thousand Dollars ($400,000225,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred Seventy Five Thousand Dollars ($400,000175,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executivesExecutives, but not less frequently than monthly.

Appears in 1 contract

Samples: Employment Agreement (Voyager Net Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Thousand Dollars ($400,000200,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Thousand Dollars ($400,000300,000), subject to increase adjustment from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Ign Entertainment Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Thousand Dollars and forty four thousand, six hundred and eighty eight dollars ($400,000344,688), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (EPIX Pharmaceuticals, Inc.)

Salary. For As compensation for all services to be rendered by the Executive under this Agreementduring the Term, the Employer Company shall pay to the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars $600,000 per year ($400,000), subject to increase which may be increased from time to time in the discretion of by the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”"Annual Salary"). The Salary shall be ), payable in periodic installments in accordance with the Employer’s Company's usual practice payroll practices for its senior executives.. The Executive shall be eligible to receive annual salary reviews and salary increases as authorized by the Board. 3.2

Appears in 1 contract

Samples: Employment Agreement (Dal Tile International Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Fifty-Eight Thousand Five Hundred Dollars ($400,000258,500.00), subject to increase (i) in the discretion of the Chief Executive Officer of BPFH for annual cost of living adjustments and (ii) from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.the

Appears in 1 contract

Samples: Employment Agreement (Boston Private Financial Holdings Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Thirty-Five Thousand Dollars ($400,000235,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (T Cell Sciences Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars one hundred eighty thousand dollars ($400,000)180,000.00) per annum, less normal withholdings, effective as of the Effective Date, and subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars dollars ($400,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (First Foundation Inc.)

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Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand Dollars FOUR HUNDRED FIFTY THOUSAND DOLLARS ($400,000450,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Marketing Specialists Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Thousand Dollars ($400,000300,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the an annual rate of Four Hundred Thousand Dollars ($400,000)115,000, subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Directors. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Northway Financial Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Seventy-Five Thousand Dollars ($400,000275,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Bluegreen Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Fifty-Five Thousand Dollars ($400,000255,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Bluegreen Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Five Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”500,000). The Executive’s Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executivesemployees, but in no event less often than monthly over the year in which the Salary is earned.

Appears in 1 contract

Samples: Employment Agreement (Mandalay Digital Group, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Fifty-Nine Thousand Dollars ($400,000359,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Supernus Pharmaceuticals Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Thirty-Three Thousand Dollars ($400,000333,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred Ninety Thousand Dollars ($400,000190,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executivesExecutives, but not less frequently than monthly.

Appears in 1 contract

Samples: Employment Agreement (Voyager Net Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Forty Thousand Dollars ($400,000240,000.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the an annual rate of Four Hundred Thousand Dollars ($400,000)150,000, subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Directors. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Northway Financial Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred Thousand Dollars ($400,000200,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary“ Salary ”) at the annual rate of Four Hundred Thousand Dollars two hundred thousand dollars ($400,000)200,000.00) per annum, less normal withholdings, effective as of the Effective Date, and subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the Compensation CommitteeCommittee ”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Forty Thousand Dollars ($400,000240,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (T Cell Sciences Inc)

Salary. For all services rendered by the Executive under this Agreement: (a) During the term of his employment, the Employer Company shall pay the Executive a an annual salary (of $126,254. The Executive's salary may be paid in the “Salary”) form of cash and/or stock, as agreed upon by the parties. This amount may be increased at the annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary and shall be payable in periodic installments in accordance with the Employer’s usual practice adjusted to compensate for its senior executivesannual cost of living increases.

Appears in 1 contract

Samples: Employment Agreement (Omnicomm Systems Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Eleven Thousand Five Hundred Dollars ($400,000211,500.00), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Incentra Solutions, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Two Hundred Fifty Thousand Dollars ($400,000250,000), subject to increase from time to time in the discretion of the Board of Directors of the Employer (the “Board of Directors”) or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Arbinet Thexchange Inc)

Salary. For As compensation for all services to be rendered by the Executive under this Agreementduring the Term, the Employer Company shall pay to the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars $600,000 per year ($400,000), subject to increase which may be increased from time to time in the discretion of by the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”"Annual Salary"). The Salary shall be ), payable in periodic installments in accordance with the Employer’s Company's usual practice payroll practices for its senior executives. The Executive shall be eligible to receive annual salary reviews and salary increases as authorized by the Board.

Appears in 1 contract

Samples: Employment Agreement (Dal Tile International Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand Dollars ONE HUNDRED NINETY-FIVE THOUSAND DOLLARS ($400,000195,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Merkert American Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Seventy Five Thousand Dollars ($400,000275,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (TechTarget Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred Eighty-Two Thousand Five Hundred Dollars ($400,000182,500), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Monarch Dental Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a an annual salary (the “Salary”) at the annual rate of Four Five Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”500,000). The Executive’s Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executivesemployees, but in no event less than monthly over the year in which the Salary is earned.

Appears in 1 contract

Samples: Employment Agreement (Mandalay Digital Group, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall must pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Fifty Thousand Dollars ($400,000), subject to increase from time to time in 250,000.00) Dollars with no increases during the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Term. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.Executives, but not less frequently than monthly

Appears in 1 contract

Samples: Agreement (Locateplus Holdings Corp)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand Dollars FOUR HUNDRED THOUSAND DOLLARS ($400,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Merkert American Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred and Fifty Thousand Dollars ($400,000250,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (EPIX Pharmaceuticals, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thirty-Two Thousand Seven Hundred Eighty-Six Dollars ($400,000432,786), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Supernus Pharmaceuticals Inc)

Salary. For all services rendered by the Executive under this AgreementExecutive, the Employer Company shall pay Executive during the Executive term of this Agreement a salary (of at least $200,000 per annum, payable in arrears in the “Salary”) same manner as the Company generally pays its employees' salaries. The amount of the salary may be increased at the annual rate of Four Hundred Thousand Dollars ($400,000), subject to increase from time to time in the discretion of the Board Company's board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)directors, although Executive shall not have any right to an increase. The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives1.

Appears in 1 contract

Samples: Employment Agreement (Electronic Fab Technology Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Fifty Thousand Dollars dollars ($400,000450,000), subject to increase from time to time as the same may be increased in the sole discretion of the Board of Directors or the its Compensation Committee of the Board of Directors (the “Compensation Committee”), at any time or from time to time hereafter (the “Base Annual Salary”). The Executive’s Base Annual Salary shall be payable in periodic installments in accordance with the Employer’s usual practice payroll practices for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (First Foundation Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Three Hundred Fifty Five Thousand Dollars ($400,000355,000), subject to increase adjustment from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Exact Sciences Corp)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars two hundred ninety thousand dollars ($400,000)290,000.00) per annum, subject to increase increases from time to time in the sole discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Allion Healthcare Inc)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Two Hundred Thousand Dollars ($400,000200,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”)Employer. The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executivesExecutives, but not less frequently than monthly.

Appears in 1 contract

Samples: Employment Agreement (Voyager Net Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the “Salary”) at the annual rate of Four Hundred Thousand Dollars of two hundred sixty two thousand, four hundred and fourty four dollars ($400,000), 262,444) subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The Salary shall be payable in periodic installments in accordance with the Employer’s usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (EPIX Pharmaceuticals, Inc.)

Salary. For all services rendered by the Executive under this ------ Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Hundred Thousand ________________________ Dollars ($400,000________), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Monroe Inc)

Salary. For all services rendered by the Executive under this Agreement, the Employer shall pay the Executive a salary (the "Salary") at the annual rate of Four Three Hundred Eighty Six Thousand and Sixty Three Dollars ($400,000386,063), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (EPIX Pharmaceuticals, Inc.)

Salary. For all services rendered by the Executive under this Agreement, the Employer Company shall pay the Executive a salary (the "Salary") at the annual rate of Four One Hundred and Seventy-Five Thousand Dollars ($400,000175,000), subject to increase from time to time in the discretion of the Board of Directors or the Compensation Committee of the Board of Directors (the "Compensation Committee"). The Salary shall be payable in periodic installments in accordance with the Employer’s Company 's usual practice for its senior executives.

Appears in 1 contract

Samples: Employment Agreement (Monarch Dental Corp)

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