Common use of Initial Salary Clause in Contracts

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Hundred Seventy-Five Thousand Dollars ($175,000.00). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 4 contracts

Samples: Employment Agreement (Arielle Corp), Employment Agreement (Arielle Corp), Employment Agreement (Arielle Corp)

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Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Hundred SeventyTwenty-Five Thousand Dollars ($175,000.00125,000.00). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 3 contracts

Samples: Employment Agreement (Method Products Corp /De), Employment Agreement (Arielle Corp), Employment Agreement (Arielle Corp)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Two Hundred Seventy-Five and Fifty Thousand Dollars ($175,000.00250,000.00). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 2 contracts

Samples: Employment Agreement (Fortis Enterprises), Employment Agreement (Signature Leisure Inc)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Hundred Seventy-Twenty Five Thousand Dollars ($175,000.00$ 125,000 ). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 2 contracts

Samples: Employment Agreement (Health Express Usa Inc), Employment Agreement (Health Express Usa Inc)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Hundred Seventy-Five and Thirty Seven Thousand Dollars ($175,000.00137,000-00). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 1 contract

Samples: Employment Agreement (Sims Communications Inc)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate (subject to applicable payroll and/or other taxes required by law to be withheld) equal to the sum of One Hundred Seventy-Five Twenty Thousand Dollars ($175,000.00120,000.00) (the "Salary"). Such salary may, The Salary shall be paid to the Executive in part from time installments on such dates as the Company pays salaries to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrualits senior executive employees.

Appears in 1 contract

Samples: Employment Agreement (110 Media Group, Inc.)

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Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate (subject to applicable payroll and/or other taxes required by law to be withheld) equal to the sum of One Hundred Seventy-Five Twenty Thousand Dollars ($175,000.00120,000.00) per year (the "Salary"). Such salary may, The Salary shall be paid to the Executive in part from time installments on such dates as the Company pays salaries to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrualits senior executive employees.

Appears in 1 contract

Samples: Employment Agreement (110 Media Group, Inc.)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate equal to the sum of One Hundred Seventy-Five Twenty Thousand Dollars ($175,000.00120,000). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual.

Appears in 1 contract

Samples: Employment Agreement (Sims Communications Inc)

Initial Salary. In full payment for the obligations to be performed by the Executive during the term of this Agreement, the Company shall pay to the Executive a salary at an annual rate (subject to applicable payroll and/or other taxes required by law to be withheld) equal to the sum of One Hundred Seventy-Five Fifty Thousand Dollars ($175,000.00). Such salary may, in part from time to time, depending upon cash flow and the reasonable discretion of the Company, be subject to accrual150,000) per annum.

Appears in 1 contract

Samples: Employment Agreement (Dale Jarrett Racing Adventure Inc)

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