Compensation of the Executive. (a) As compensation for the services provided by the Executive under this Agreement, the Company will pay the Executive an annual salary of $240,000.00, to be paid in accordance with the Company's usual payroll procedures (the “Salary”).
Appears in 2 contracts
Samples: Executive Employment Agreement (Arkanova Energy Corp.), Executive Employment Agreement (Arkanova Energy Corp.)
Compensation of the Executive. (a) As compensation for the services provided by the Executive under this Agreement, the Company will pay the Executive an annual salary of $240,000.00190,000.00, to be paid in accordance with the Company's usual payroll procedures (the “Salary”).
Appears in 1 contract
Samples: Executive Employment Agreement (Arkanova Energy Corp.)
Compensation of the Executive. (a) As compensation for the services provided by the Executive under this Agreement, the Company will pay the Executive an annual salary of $240,000.00175,000.00, to be paid in accordance with the Company's usual payroll procedures (the “Salary”).
Appears in 1 contract
Samples: Executive Employment Agreement (Arkanova Energy Corp.)
