Minimum Base Salary. The Executive's minimum base salary (the "Minimum Base Salary") shall be a monthly rate of $29,167 (or $350,000 annualized), payable in accordance with the Company's normal payroll practices for its executive officers. The Minimum Base Salary may be increased from time to time at the discretion of the Chief Executive Officer of the Company.
Minimum Base Salary the lowest annual base salary reported on the salary schedule for a full-time classroom teacher.
Minimum Base Salary. The Minimum Base Salary payable to Employee shall be $300,000 per year, payable on a regular basis in accordance with the Company's standard payroll procedure. On at least an annual basis, the Board of Directors of the Company will review Employee's performance and make any increase to such base salary if, in its discretion, any such increase is warranted.
Minimum Base Salary. The Superintendent shall be paid a minimum base salary of $255,000.00 per year. The minimum base salary of the Superintendent shall be paid in equal installments in accordance with the rules of the Board governing payment of salary to other professional staff members in the system.
Minimum Base Salary. (Example of 10% annual increase) January 1, 2002 through December 31, 2002 $ 210,000 January 1, 2003 through December 31, 2003 $ 231,000 January 1, 2004 through December 31, 2004 $ 254,000 January 1, 2005 through December 31, 2005 $ 279,510 Base Salary is payable in cash in monthly installments (or on such other periodic basis as may be mutually agreed upon), pro rated for any partial year during which Executive’s employment under the Agreement terminates, but reduced or eliminated in the events set forth in Section 9 of the Employment Agreement. In addition, Executive shall be entitled to reimbursement by the Corporation for Executive’s monthly automobile expenses in the amount of $1,500 per month, plus gas, oil and tires. Reimbursement for gas, oil and tires shall be made to Executive within ten (10) days after receipt by the Company of documentary evidence detailing such expenses.
Minimum Base Salary. January 1, 2005 through December 31, 2005 $ 175,000 January 1, 2006 through December 31, 2006 $ 183,750 January 1, 2007 through December 31, 2007 $ 192,950 January 1, 2008 through December 31, 2008 $ 202,600 Base Salary is payable in cash in monthly installments (or on such other periodic basis as may be mutually agreed upon), pro rated for any partial year during which Executive's employment under the Employment Agreement terminates, but may be reduced or eliminated upon the occurrence of certain events as set forth in Section 9 of the Employment Agreement. In addition, Executive shall be entitled to reimbursement by the Corporation for Executive's monthly automobile expenses in the amount of $1,350 per month, plus reimbursement for expenses for gas, oil and tires. Reimbursement for expenses for gas, oil and tires shall be made to Executive within ten (10) days after receipt by the Corporation of documentary evidence detailing such expenses. The Corporation shall reimburse executive for auto travel at the rate of 35 cents per mile for company related travel."
Minimum Base Salary. January 1, 2002 through December 31, 2002 $ 210,000 January 1, 2003 through December 31, 2003 $ 231,000 January 1, 2004 through December 31, 2004 $ 254,000 January 1, 2005 through December 31, 2005 $ 279,510 January 1, 2006 through December 31, 2006 $ 307,460 January 1, 2007 through December 31, 2007 $ 338,210 January 1, 2008 through December 31, 2008 $ 372,025 The amounts shown above are approximate. Base Salary is payable in cash in monthly installments (or on such other periodic basis as may be mutually agreed upon), pro rated for any partial year during which Executive's employment under the Agreement terminates, but reduced or eliminated in the events set forth in Section 9 of the Employment Agreement. In addition, Executive shall be entitled to reimbursement by the Corporation for Executive's monthly automobile expenses in the amount of $1,500 per month, plus gas, oil and tires. Reimbursement for gas, oil and tires shall be made to Executive within ten (10) days after receipt by the Company of documentary evidence detailing such expenses. Company shall reimburse executive for auto travel at the rate of 35 cents per mile for company related travel.
Minimum Base Salary. In consideration of his services hereunder, the Executive shall receive a minimum base salary determined, as follows:
Minimum Base Salary. Executive's current salary of $675,000 per annum ('Base Salary") shall be the minimum annual Base Salary of Executive for fiscal 2002 and beyond, which may be increased but not decreased as outlined in section 1.4 of the Agreement. If Executive's salary is adjusted, the new then-prevailing adjusted salary shall become the Base Salary, a defined term in the Agreement.
Minimum Base Salary. The Executive's minimum base salary (the "Minimum Base Salary") shall be as follows: for the period of July 22, 2002 through March 31, 2003 a monthly rate of $75,000 (or $900,000 annualized); $1,100,000 for the Company's fiscal year beginning April 1, 2003; $1,300,000 for the Company's fiscal year beginning April 1, 2004; $1,500,000 for the Company's fiscal year beginning April 1, 2005 and $1,700,000 for the Company's fiscal year beginning April 1, 2006, payable in accordance with the Company's normal payroll practices for its executive officers. The Minimum Base Salary may be increased from time to time at the discretion of the Board of Directors of the Company or any committee thereof having authority over executive compensation.
