Initial Base Salary. The Company shall pay Executive a base salary ("Base Salary") at the annual rate of $350,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committee.
Initial Base Salary. Paxson and Employee acknowledge and agree that Employee's currxxx Xxse Salary in effect for the current Employment Year shall be the per year amount set forth in Schedule I hereof. For purposes of this Agreement, "Employment Year" means a calendar year ended December 31.
Initial Base Salary. Beginning on the Approval Date and continuing ------------------- until the closing of the Company's first acquisition of a business (in any form) (the "First Acquisition Closing Date") Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $100,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.
Initial Base Salary. Beginning on the Approval Date and continuing until the Termination Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $180,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.
Initial Base Salary. The Company shall pay Executive an initial pre-tax base salary (“Initial Base Salary”) of $260,000 (Two Hundred Sixty Thousand U.S. Dollars) per annum, less all applicable withholdings, with such Initial Base Salary to be paid in accordance with the Company’s standard payroll practices. The Initial Base Salary has been increased as of November 1, 2019, to $320,000 (Three Hundred Twenty Thousand U.S. Dollars) by mutual agreement.
Initial Base Salary. Paxson and Employee acknowledge and agree that Employee's curxxxx Xase Salary in effect for the current Employment Year shall be the per year amount set forth in Schedule I hereof. For purposes of this Agreement, "Employment Year" means a calendar year ended December 31.
Initial Base Salary. For all services he may render to the Company ------------------- and its subsidiaries and affiliates during the term of this Agreement, Employee shall be paid a base salary at an annual rate of $420,000 during the Company's 1998 fiscal year (as increased from time to time, the "Base Salary"). ----------- Employee's Base Salary, which shall not be decreased during the term of this Agreement, shall be paid in accordance with the normal payroll practices of the Company.
Initial Base Salary. From the Effective Date until the occurrence of the earlier of (x) the satisfaction of the Capital Deployment Hurdle (as defined herein) or (y) 12 months from the Effective Date, the Company agrees to pay the Employee an annual base salary that initially shall be $150,000 (the “Initial Base Salary”). The Initial Base Salary shall be payable in accordance with the regular payroll practices of the Company.
Initial Base Salary. Employee will be paid an annual base salary of $220,000 (the "Base Salary"). The Base Salary will be paid in accordance with the Company's regular payroll practices, subject to such payroll withholdings and deductions as may be required by law.
Initial Base Salary. Paxson and Employee acknowledge and agree that Employee's xxxxxxt Base Salary in effect for the current Employment Year shall be the per year amount set forth in Schedule I hereof. For purposes of this Agreement, "EMPLOYMENT YEAR" means a calendar year ended December 31.
