B ase Salary. LSU agrees to pay EMPLOYEE the Base Salary Amount annually, in 12 equal monthly installments, on LSU’s regular monthly payroll date. The Base Salary Amount shall be reviewed at the end of each season of Program and may be adjusted at that time by the Athletic Director, subject to recommendation, review, and approval pursuant to LSU personnel policies and LSU Bylaws and Regulations. However, in no event will EMPLOYEE’s Base Salary Amount be reduced as a result of any such review.
B ase Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary"), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in respect of the 12-month period immediately preceding the month in which the Effective Date occurs. As used herein, "Annual Base Salary" will include all wages or salary paid to the Executive and will be calculated before any salary reduction or deferrals, including but not limited to reductions made pursuant to Sections 125 and 401(k) of the Internal Revenue Code of 1986, as amended. During the Employment Period, the Annual Base Salary shall be reviewed no more than 12 months after the last salary increase awarded to the Executive prior to the Effective Date and thereafter at least annually. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased. As used in this Agreement, the term "affiliated companies" shall include any company controlled by, controlling or under common control with the Company.
B ase Salary. The Superintendent shall receive an annual salary of one hundred and seventy thousand dollars ($170,000.00) from the beginning of the term of the Superintendent through the end of this Agreement. Beginning with the fiscal year July 1, 2021 - June 30, 2022, and each subsequent fiscal year thereafter, if the Superintendent receives an overall performance rating of satisfactory or greater on the annual evaluation, then the Superintendent shall receive for that fiscal year the same percentage wage increase, if any, as the School Board approves for other 12 month administrators. In no event shall the Superintendent receive less in base salary in subsequent years than in the immediate prior year of this Agreement.
B ase Salary. As compensation for the services to be performed during the Employment Period by the Employee hereunder, the City will pay the Employee an annual base salary of not less than Two Hundred Five Thousand and 00/100 dollars ($205,000). The City may review Employee’s base salary at any time, and may, in its discretion, change such base salary as City deems appropriate; provided, however, that Employee’s base salary under this agreement shall not be less than Two Hundred Five Thousand and 00/100 dollars ($205,000). The Employee will also receive increases in pay as provided to other management employees, such that any increases based upon a percentage of pay and applied equally to all employees (e.g. cost of living increases) shall occur automatically without the need for further action by the City Council, and any merit-based increases shall be determined by the City Council at the time such increases are established for other employees.
