Wage Compensation. 2.1 EMPLOYEE shall be compensated on the basis of an annual salary of $559,052, less applicable withholding taxes. EMPLOYEE will receive at least the same salary increases per year as do other senior executives of CEL-SCI. Increases beyond those, if any, shall be made at the sole discretion of the Board of Directors of CEL-SCI. Nothing in this paragraph 2.1 shall be construed to limit CEL-SCI's right to terminate this AGREEMENT in accordance with the terms hereof.
Appears in 1 contract
Sources: Employment Agreement (Cel Sci Corp)
Wage Compensation. 2.1 EMPLOYEE shall Until August 31, 2011 Employee will be compensated on the basis of as he currently is at an annual salary of $559,052464,004.45, less applicable withholding taxes. EMPLOYEE Employee will receive at least the same salary increases per year as do other senior executives of CEL-SCI. Increases beyond those, if any, shall be made at the sole discretion of the Board of Directors of CEL-SCI. Nothing in this paragraph section 2.1 shall be construed to limit CEL-SCI's right to terminate this AGREEMENT in accordance with the terms hereof.
Appears in 1 contract
Sources: Employment Agreement (Cel Sci Corp)