During the Employment Term. (a) The Executive's base compensation shall be at the rate of $200,000.00 per year, payable in regular installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Board in its sole discretion.
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Samples: Employment Agreement (Hometown Auto Retailers Inc), Employment Agreement (Hometown Auto Retailers Inc), Employment Agreement (Hometown Auto Retailers Inc)
During the Employment Term. (a) The Executive's base compensation shall be at the rate of $200,000.00 150,000 per year, payable in regular installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Board in its sole discretion.
Appears in 2 contracts
Samples: Employment Agreement (Hometown Auto Retailers Inc), Employment Agreement (Hometown Auto Retailers Inc)
During the Employment Term. (a) The Executive's base compensation shall be at the rate of $200,000.00 100,000.00 per year, payable in regular installments in accordance with the Company's practice for its executives, less applicable withholding for income and employment taxes as required by law and other deductions as to which the Executive shall agree. Such base compensation shall be subject to increases as and when determined by the Board in its sole discretion.
Appears in 1 contract
