Common use of Base Compensation Clause in Contracts

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base Compensation”), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretion.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, during the Company agrees to pay to Employment Term, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 500,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Employer’s typical payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionbi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to The Executive will be paid a base salary in the amount of three hundred fifty thousand dollars ($350,000) equivalent to US$39,000 per annum (the “Base Compensation”), payable . Such salary shall be paid to the Executive in such equal installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)monthly, subject with a thirteenth installment in the month of December, in accordance with the Company’s business practices in effect from time to customary employee contributions to any health, welfare and/or retirement programs in time. Any compensation which Executive is enrolled. The Base Compensation may be increased paid to the Executive under any additional compensation or incentive plans of the Company or which may otherwise be authorized from time to time at by the Company’s sole discretionBoard of Directors shall be in addition to the Base Compensation to which the Executive is entitled to under this Agreement.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementthe services to be rendered by the Executive during the Term, the Company agrees to Employer shall pay to the Executive base compensation at a base salary in the amount rate of three hundred fifty thousand dollars $415,000 per year ($350,000) per annum (the “Base Compensation”) (pro-rated for any partial years), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may shall be increased from time paid to time at the CompanyExecutive in accordance with Employer’s sole discretionstandard payroll policies. Executive shall not be entitled to receive the salary and benefits that are associated with the offered position unless Executive first executes and agrees to be bound by this Agreement.

Base Compensation. In consideration The Company shall pay to Executive an annual base salary of $400,000 Dollars, prorated for any partial employment period and payable in equal monthly installments in accordance with the Company’s payroll schedule. The Compensation Committee of the Board shall annually review the then-current level of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in (for increase only) to determine the amount amount, if any, of three hundred fifty thousand dollars ($350,000) per annum (the “Base Compensation”), payable in change to such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsalary.

Base Compensation. In consideration of As compensation for Executive’s full and faithful satisfaction of Executive’s duties under this Agreementservices, the Company agrees to shall pay to Executive a base compensation in the form of salary (“Base Compensation”) in the amount of three hundred fifty thousand dollars ($350,000) 305,000 per annum (the “Base Compensation”), annum. The salary shall be payable in such periodic installments as in accordance with Company’s regular payroll practices for its executive personnel at the Company pays its similarly placed employees (time of payment, but not in no event less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledmonthly. The Compensation Committee of the Board shall review Base Compensation may be increased from time to time at periodically for the Company’s purpose of determining, in its sole discretion, whether Base Compensation should be adjusted.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementall services to be rendered by the Executive to the Company, the Company agrees to will pay to the Executive a the base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (year from the “Base Compensation”), payable in such installments as Start Date through the Company pays its similarly placed employees (but not less frequently than each calendar month)termination of this Agreement and any extensions of it, subject to customary employee contributions to any healthsuch increases as the Board may determine, welfare and/or retirement programs and payable in which Executive is enrolled. The Base Compensation may be increased from time to time at accordance with the Company’s sole discretionstandard payroll practices (“Base Salary”).

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Three Hundred Twenty-Five Thousand Dollars ($350,000325,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i) and to receive the Performance Bonuses described in Section 3(b)(ii), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration During the time that Executive is an employee of Executive’s full and faithful satisfaction of Executive’s duties under this Agreementthe Company, the Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base CompensationSalary”)) of $350,000 per annum, payable in such regular installments as in accordance with the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledCompany’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation may be increased from time to time Committee during the term of this Agreement and adjusted accordingly at the Company’s sole discretiondiscretion of the Compensation Committee.

Base Compensation. (i) In consideration of Executive’s full and faithful satisfaction of Executive’s duties general, for all services rendered by Executive under this AgreementAgreement on behalf of the Company, the Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars Four Hundred Thousand and No/100 Dollars ($350,000400,000.00) per annum (the “Base Compensation”)year, payable in as such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation salary may be increased from time to time at by the Board, payable in accordance with the Company’s sole discretionnormal payroll practices.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the The Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) 400,000 per annum in accordance with the regular payroll practices of the Company (the base salary as in effect from time to time, the “Base Compensation”), payable in such installments as . Payment of the Company pays its similarly placed employees (but not less frequently than each calendar month), Base Compensation is subject to customary employee contributions to any health, welfare and/or retirement benefit programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretion, but in no event shall the Base Compensation be reduced without Executive’s approval.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementDuring the Term, the Company agrees to pay to Executive a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 428,926 per annum (the “Base Compensation”), year payable in such installments accordance with the Company's customary payroll practices generally applicable to similarly situated employees as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased in effect from time to time at (the Company’s sole discretion"Base Salary").

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementSo long as the Executive serves as Chairman/CEO, the Company agrees to Corporation shall pay to the Executive a base salary in at the amount rate of three hundred fifty thousand dollars $300,000 per year, as adjusted from time to time with the approval of the Compensation Committee ($350,000) per annum (the “CEO Base Compensation”), . The CEO Base Compensation shall be payable in such installments as in accordance with the Company pays its similarly placed employees (but not less frequently than each calendar month), Corporation’s normal payroll practices for compensating executive personnel and shall be subject to customary employee contributions to any health, welfare and/or retirement programs payroll deductions and tax withholdings in which Executive is enrolled. The Base Compensation may be increased from time to time at accordance with the CompanyCorporation’s sole discretionusual practices and as required by law.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in the amount of three four hundred fifty thousand dollars ($350,000400,000) per annum (the “Base Compensation”), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the CompanyBoard’s sole discretion. The Executive shall not be entitled to any additional compensation in respect of his Board service.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Three Hundred Twenty-Five Thousand Dollars ($350,000325,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementDuring the Term, the Company agrees to pay to Executive shall receive a base salary in the amount at an annualized rate of three hundred fifty thousand Three Hundred Sixty Thousand dollars ($350,000) per annum (the “Base Compensation”360,000), less any deductions and withholding required by law and less any Executive-authorized payroll deductions, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolledaccordance with regular payroll practices. The Base Compensation Executive’s base annualized salary rate may be increased from time to time at adjusted upward annually without further modification of this Agreement upon approval of the Boards of Directors of both Bank and Company’s sole discretion.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Two Hundred Fifty-Five Thousand Five Hundred Five Dollars ($350,000255,505) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the The Company agrees to shall pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) [______] per annum in accordance with the regular payroll practices of the Company (the base salary as in effect from time to time, the “Base Compensation”), payable in such installments as . Payment of the Company pays its similarly placed employees (but not less frequently than each calendar month), Base Compensation is subject to customary employee contributions to any health, welfare and/or retirement benefit programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretion, but in no event shall the Base Compensation be reduced without Executive’s approval.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Two Hundred Seventy-Five Thousand Dollars ($350,000275,000.00) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthAnnual Incentive Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the Company’s sole discretionBoard of Directors.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be Two Hundred Twenty-Five Thousand Dollars ($350,000225,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the CompanyBoard of Directors of Employer, but Executive’s sole discretionannual base salary shall not be subject to reduction unless Employer implements a salary reduction applicable to all employees.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a annual base salary in the amount of three hundred fifty thousand dollars shall be One Hundred Ninety Thousand Dollars ($350,000190,000) per annum payable by Employer in accordance with Employer’s payroll procedures (the “Base Compensation”), payable . Executive shall also be eligible to participate in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar monthManagement Bonus Plan described in Section 3(b)(i), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Executive’s Base Compensation may be increased from time to time at by the CompanyBoard of Directors of Employer, but Executive’s sole discretionannual base salary shall not be subject to reduction unless Employer implements a salary reduction applicable to all employees.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 600,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 575,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to during Executive’s employment, Executive will be paid a base salary in at the amount rate of three hundred fifty thousand dollars ($350,000) 375,000 per annum (the “Base Compensation”), payable in such installments as accordance with the Company pays its similarly placed employees (Company’s regular payroll procedures, but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretionsemi-monthly.

Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this AgreementAs compensation for the services to be performed by the Executive during the Term, the Company agrees to shall pay to Executive the Executive, in regular periodic installments, a base salary in (“Base Salary”) at the amount rate of three hundred fifty thousand dollars Two Hundred Ninety-Five Thousand Nine Hundred Twenty Dollars ($350,000295,920) per annum (year. The Board shall review the “Executive’s annual rate of Base Compensation”)Salary at such times during the employment period as it deems appropriate, payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month)once every (12) months, subject to customary employee contributions to any healthand may in its discretion, welfare and/or retirement programs approve an increase in which Executive is enrolled. The the Executive’s annual rate of Base Compensation may be increased from time to time at the Company’s sole discretionSalary.