Common use of Base Salary and Bonus Clause in Contracts

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 300,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary ("Salary") at the rate of $275,000 900,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 per annum, payable in regular installments in accordance with the Company's ’s payroll policy. Executive's ’s annual base salary, as in effect from time to time, is hereinafter referred to as "“Salary"”. Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's ’s Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 390,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 360,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.

Base Salary and Bonus. (a) During the Employment Period, Executive shall earn a base salary at the rate of $275,000 435,000 per annum, payable in regular installments in accordance with the Company's payroll policy. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as "Salary". Such Salary shall be subject to review and increase (but not decrease) by the Board not less frequently than annually. In no event shall the amount of Executive's Salary (as may be increased from time to time) be reduced during the Employment Period.