Common use of Salary and Bonus Clause in Contracts

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 per annum for 1997, and at a rate of not less than $400,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

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Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 80,000 per annum for 1997, and at a rate of not less than $400,000 92,500 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 175,000 per annum for 1997, and at a rate of not less than $400,000 200,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 285,402 per annum for 19972004, and at a rate of not less than $400,000 285,402 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 218,545 per annum for 19972004, and at a rate of not less than $400,000 218,545 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 285,402 per annum for 19972004, and at a rate of not less than $400,000 285,402 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 267,800 per annum for 19972008, and at a rate of not less than $400,000 267,800 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 225,000 per annum for 19972006, and at a rate of not less than $400,000 225,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 106,838 per annum for 1997the payroll periods ending July 15, 2000 and at a rate of not less than $400,000 126,838 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 496,350 per annum for 19972004, and at a rate of not less than $400,000 496,350 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 218,545 per annum for 19972004, and at a rate of not less than $400,000 per annum 218,545 for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

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Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 444,960 per annum for 19972013, and at a rate of not less than $400,000 that amount per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 225,000 per annum for 19972006, and at a rate of not less than $400,000 225,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 230,000 per annum for 19972004, and at a rate of not less than $400,000 230,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's ’s Board, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 128,418 per annum for 19972004, and at a rate of not less than $400,000 128,418 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 170,000 per annum for 1997, and at a rate of not less than $400,000 200,000 per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board shall consult with the Executive CEO and review the Executive's base salary at annual intervals, and may adjust the Executive's annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board, using such performance measures as the Committee deems to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Salary and Bonus. The Executive shall receive a base salary during the term of this Agreement at a rate of not less than $350,000 484,500 per annum for 19972016, and at a rate of not less than $400,000 that amount per annum for subsequent years, payable in substantially equal semi-monthly installments. The Compensation Committee of the Board of Directors shall consult with the Executive CEO and review the Executive's ’s base salary at annual intervals, and may adjust the Executive's ’s annual base salary from time to time as the Committee deems to be appropriate. The Executive shall also be eligible to receive a an annual bonus from the Corporation each year during the term of this Agreement, with the actual amount of such bonus to be determined by the Compensation Committee of the Corporation's Board’s Board of Directors, using such performance measures as the Committee deems to be appropriate. Such bonus, if any, shall be paid to the Executive no later than sixty (60) days after the end of the year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Welltower Inc.)

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