Common use of Compensation Benefits and Expenses Clause in Contracts

Compensation Benefits and Expenses. (a) During the Employment Term, the Company shall pay the Employee a base annual salary of $215,000 (the "BASE SALARY"). Payment will be made on the regularly scheduled pay dates of the Company, subject to all appropriate withholdings or other deductions required by applicable law or by the Company's established policies applicable to employees of the Company. The Board may increase the Base Salary in its sole discretion, but shall not reduce the Base Salary below the rate established by the Employment Agreement without the Employee's written consent.

Appears in 2 contracts

Samples: Employment Agreement (Dycom Industries Inc), Employment Agreement (Dycom Industries Inc)

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Compensation Benefits and Expenses. (a) During the Employment Term, the Company shall pay the Employee a base annual salary of $215,000 375,000 (the "BASE SALARY"). Payment will be made on the regularly scheduled pay dates of the Company, subject to all appropriate withholdings or other deductions required by applicable law or by the Company's established policies applicable to employees of the Company. The Board may increase the Base Salary in its sole discretion, but shall not reduce the Base Salary below the rate established by the Employment Agreement without the Employee's written consent.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

Compensation Benefits and Expenses. (a) During the Employment Term, the Company shall pay the Employee a base annual salary of $215,000 150,000 (the "BASE SALARY"). Payment will be made on the regularly scheduled pay dates of the Company, subject to all appropriate withholdings or other deductions required by applicable law or by the Company's established policies applicable to employees of the Company. The Board may increase the Base Salary in its sole discretion, but shall not reduce the Base Salary below the rate established by the Employment Agreement without the Employee's written consent.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

Compensation Benefits and Expenses. (a) During the Employment Term, the Company shall pay the Employee a base annual salary of $215,000 250,000 (the "BASE SALARY"“Base Salary”). Payment will be made on the regularly scheduled pay dates of the Company, subject to all appropriate withholdings or other deductions required by applicable law or by the Company's ’s established policies applicable to employees of the Company. The Board may increase the Base Salary in its sole discretion, but shall not reduce the Base Salary below the rate established by the Employment Agreement without the Employee's ’s written consent.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

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Compensation Benefits and Expenses. (a) During the For services rendered under this Employment TermAgreement, the Company shall will pay the Employee a base annual salary of $215,000 150,000 (such applicable annual rate referred to herein as the "BASE SALARY"“Base Salary”). Payment will be made on the regularly scheduled pay dates of the Company, subject to all appropriate withholdings or other deductions required by applicable law or by the Company's ’s established policies applicable to employees of the Company. The Board Company may increase the Base Salary in its sole discretion, but shall not reduce the Base Salary below the rate established by the Employment Agreement without the Employee's ’s written consent.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

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