Common use of Base Salary and Benefits Clause in Contracts

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 2 contracts

Samples: Employment Agreement (MST Enterprises Inc), Employment Agreement (MST Enterprises Inc)

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Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 250,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular ----------- installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Wesley Jessen Holding Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 200,000 per annum and shall be subject or such higher rate as the Company may designate from time to review by the Board on an annual basis commencing January 1, 1998 time (the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 100,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (MST Enterprises Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 350,000 per annum and shall be subject to review by or such higher rate as the Board on an annual basis commencing January 1, 1998 may designate from time to time (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs programs, including performance based bonus for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Lear Seating Corp)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 200,000 per annum and shall be subject to review by or such higher rate as the Board on an annual basis commencing January 1, 1998 may designate from time to time (the "Base Salary"), which salary shall be payable in regular installments ----------- in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Stock and Employment Agreement (Penncorp Financial Group Inc /De/)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 250,000 per annum and shall be subject to review by the Board on regarding an annual basis commencing January 1, 1998 increase (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's current employee benefit programs programs, and in no event shall receive benefits less than those for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Kc Holding Corp)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 350,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Dade International Inc)

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Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 100,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (MST Enterprises Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 350,000 per annum and shall be subject to review by the Board for purposes of its potential increase on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary ----------- shall be payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Vdi Multimedia)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 175,000 per annum and shall be subject to review by the Board on an annual basis commencing January 1, 1998 (the "Base Salary"), which salary shall be payable in regular ----------- installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Wesley Jessen Holding Inc)

Base Salary and Benefits. (a) During the Employment Period, Executive's base salary shall be at least $82,000 600,000 per annum and shall be subject to review by the Board of Directors on an annual basis commencing January July 1, 1998 2001 (the "Base Salary"), which salary shall be payable in regular ----------- installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Dade Behring Inc)

Base Salary and Benefits. (a) During the Employment Period, ------------------------ Executive's base salary shall be at least $82,000 250,000 per annum and shall be subject to review by or such higher rate as the Board on an annual basis commencing January 1, 1998 may designate from time to time (the "Base Salary"), which salary shall be ----------- payable in regular installments in accordance with the Company's general payroll practices and shall be subject to customary withholding. In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the Company and its Subsidiaries subsidiaries are generally eligible.

Appears in 1 contract

Samples: Employment Agreement (Chirex Inc)

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