Common use of Total Salary Clause in Contracts

Total Salary. Employee shall receive a total annual compensation in an amount set by the Board from time to time throughout the Term (the “Total Salary”). The base salary, automobile lease and automobile running cost components of Total Salary will be accrued on a daily basis and payable in installments consistent with Company’s normal payroll schedule, subject to applicable withholding and other taxes. As of the Effective Date, Employee’s Total Salary is $265,300. Employee’s Total Salary may be increased during the Term, but shall not be decreased without Employee’s written consent. The Total Salary for Employee shall be paid in a manner mutually agreed between Employee and Company and may include, but will not be limited to, cash salary, automobile leasing and running payments and spousal travel. The initial allocation of the Total Salary is set forth in Exhibit A. Employee and Company may, from time to time, agree to change the allocation of Total Salary in Exhibit A by written agreement signed by both Company and Employee. The full amount of the spousal travel component of Total Salary, if any, will be available at any time during the calendar year to reimburse Employee’s spousal travel expenses upon the presentation of related expense documentation to Employee in accordance with related Company policies and procedures. To the extent that Employee is not reimbursed for the full amount of the spousal travel component of Total Salary on or before December 31 of the calendar year in which it first became available, Company will pay him the remaining amount no later than March 15 of the calendar year following the calendar year when such amount first became available to him. However, if Employee’s employment is terminated, the spousal travel component of his Total Salary shall be treated as being accrued on a daily basis during the period beginning on January 1 and ending on the last day of his employment.

Total Salary. Employee shall receive a total annual compensation in an amount set by the Board from time to time throughout the Term (the “Total Salary”). The base salary, automobile lease and automobile running cost components of Total Salary will be accrued on a daily basis and payable in installments consistent with Company’s normal payroll schedule, subject to applicable withholding and other taxes. As of the Effective Date, Employee’s Total Salary is $265,300217,163. Employee’s Total Salary may be increased during the Term, but shall not be decreased without Employee’s written consent. The Total Salary for Employee shall be paid in a manner mutually agreed between Employee and Company and may include, but will not be limited to, cash salary, automobile leasing and running payments and spousal travel. The initial allocation of the Total Salary is set forth in Exhibit A. Employee and Company may, from time to time, agree to change the allocation of Total Salary in Exhibit A by written agreement signed by both Company and Employee. The full amount of the spousal travel component of Total Salary, if any, will be available at any time during the calendar year to reimburse Employee’s spousal travel expenses upon the presentation of related expense documentation to Employee in accordance with related Company policies and procedures. To the extent that Employee is not reimbursed for the full amount of the spousal travel component of Total Salary on or before December 31 of the calendar year in which it first became available, Company will pay him her the remaining amount no later than March 15 of the calendar year following the calendar year when such amount first became available to himher. However, if Employee’s employment is terminated, the spousal travel component of his her Total Salary shall be treated as being accrued on a daily basis during the period beginning on January 1 and ending on the last day of his her employment.

Total Salary. Employee shall receive a total annual compensation in an amount set by the Board from time to time throughout the Term (the “Total Salary”). The base salary, automobile lease and automobile running cost components of Total Salary will be accrued on a daily basis and payable in installments consistent with Company’s normal payroll schedule, subject to applicable withholding and other taxes. As of the Effective Date, Employee’s Total Salary is $265,300406,802. Employee’s Total Salary may be increased during the Term, but shall not be decreased without Employee’s written consent. The Total Salary for Employee shall be paid in a manner mutually agreed between Employee and Company and may include, but will not be limited to, cash salary, automobile leasing and running payments and spousal travel. The initial allocation of the Total Salary is set forth in Exhibit A. Employee and Company may, from time to time, agree to change the allocation of Total Salary in Exhibit A by written agreement signed by both Company and Employee. The full amount of the spousal travel component of Total Salary, if any, will be available at any time during the calendar year to reimburse Employee’s spousal travel expenses upon the presentation of related expense documentation to Employee in accordance with related Company policies and procedures. To the extent that Employee is not reimbursed for the full amount of the spousal travel component of Total Salary on or before December 31 of the calendar year in which it first became available, Company will pay him the remaining amount no later than March 15 of the calendar year following the calendar year when such amount first became available to him. However, if Employee’s employment is terminated, the spousal travel component of his Total Salary shall be treated as being accrued on a daily basis during the period beginning on January 1 and ending on the last day of his employment.

Total Salary. Employee shall receive a total annual compensation in an amount set by the Board from time to time throughout the Term (the “Total Salary”). The base salary, automobile lease and automobile running cost components of Total Salary will be accrued on a daily basis and payable in installments consistent with Company’s normal payroll schedule, subject to applicable withholding and other taxes. As of the Effective Date, Employee’s Total Salary is $265,300276,717. Employee’s Total Salary may be increased during the Term, but shall not be decreased without Employee’s written consent. The Total Salary for Employee shall be paid in a manner mutually agreed between Employee and Company and may include, but will not be limited to, cash salary, automobile car leasing and running payments and spousal travel. The initial allocation of the Total Salary is set forth in Exhibit A. Employee and Company may, from time to time, agree to change the allocation of Total Salary in Exhibit A by written agreement signed by both Company and Employee. The full amount of the spousal travel component of Total Salary, if any, will be available at any time during the calendar year to reimburse Employee’s spousal travel expenses upon the presentation of related expense documentation to Employee in accordance with related Company policies and procedures. To the extent that Employee is not reimbursed for the full amount of the spousal travel component of Total Salary on or before December 31 of the calendar year in which it first became available, Company will pay him the remaining amount no later than March 15 of the calendar year following the calendar year when such amount first became available to him. However, if Employee’s employment is terminated, the spousal travel component of his Total Salary shall be treated as being accrued on a daily basis during the period beginning on January 1 and ending on the last day of his employment.