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.
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company will pay you a base salary at an annual rate of not less than Three Hundred Twenty-Five Thousand Dollars ($325,000) (“Base Salary”), subject to annual review by the Compensation Committee of the Board of Directors (the “Compensation Committee”) and, in the discretion of the Compensation Committee, increase, but not decrease, from time to time. After any such increase, the term “Base Salary” as utilized in this Agreement shall thereafter refer to the increased amount. Such Base Salary shall be paid in installments in accordance with the Company’s standard practice, but not less frequently than monthly.
Salary; Additional Compensation; Perquisites and Benefits. (a) During your term of employment, the Company will pay you a base salary at an annual rate of not less than Two Hundred Thousand Dollars ($200,000), subject to annual review by the Compensation Committee of the Board of Directors (the "Compensation Committee") and, in the discretion of such Committee, increase from time to time. Such salary shall be paid in installments in accordance with the Company's standard practice, but not less frequently than monthly.
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Law 89 Subsidiary will pay you a gross base salary at an annual rate of not less than €60,000 ("Base Salary"), subject to annual review by the Board of Directors of the Company, or an appropriate committee thereof for increase, but not decrease. After any such increase, the term "Base Salary" as utilized in this Agreement shall thereafter refer to the increased amount. Such Base Salary shall be paid in 12 monthly installments and will receive any adjustments in accordance with the Greek legislation. The Company shall also cover all social security contributions, state pension and professional association fees and contributions in addition to the normal withholding tax and other contributions.
Salary; Additional Compensation; Perquisites and Benefits. Paragraph 3(b) of the agreement is hereby amended and restated is its entirety as follows:
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Employer will pay the Executive a base salary at an aggregate annual rate of not less than US $220,000 per annum, subject to review by the Compensation Committee of the Board (the "Compensation Committee") in January 1, 2001 and annually thereafter. Such salary shall be paid in periodic installments in accordance with the Employer's standard practice, but not less frequently than semi-monthly.
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company shall pay the Executive a base salary (the “Base Salary”) at an annual rate of not less than $300,000. Subject to annual review, such Base SaJary may be increased from time to time. Base Salary shall be paid in periodic installments in accordance with the Company’s standard practice, but not less frequently than semi-monthly.
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company and the LLC will pay the Executive a base salary at an aggregate annual rate of not less than $230,000.16 per annum, subject to annual review by the Chief Executive Officer, and in the discretion of the Chief Executive Officer, 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.
Salary; Additional Compensation; Perquisites and Benefits. (a) Subject to the provisions of Section 5(g) of the Agreement, during the Term, the Company and the Partnership will pay the Executive a base salary at an aggregate annual rate of not less than $230,000 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.
Salary; Additional Compensation; Perquisites and Benefits. (a) During the Term, the Company will pay the Executive a base salary at an annual rate of $125,000 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. The anticipation of the Company and the Executive is that upon appointment of the Executive to the position of General Counsel on January 1, 2004, his base salary will be increased to an annual rate of $135,000. Such salary shall be paid in periodic installments in accordance with the Company's standard practice, but not less frequently than semi-monthly.
