Increase in Base Salary. For each Employment Year after the current Employment Year (each such year a "Successive Employment Year"), Employee's Base Salary shall be subject to such increase, if any, for each such Successive Employment Year as shall be as determined by the Responsible Officer (subject to the approval of the Chairman of the Board of PCC, and, if applicable, the Compensation Committee of the Board of Directors of PCC).
Increase in Base Salary. 4.2 The Company will review the Base Salary payable to the Executive from time to time during the Initial Term and during the continuance of this Agreement and may, in its sole and absolute discretion, increase the Base Salary depending on the Executive’s performance of the Services and having regard to the financial circumstances of the Company.
Increase in Base Salary. On November 1 of each year during the Employment Term, the Executive’s Base Salary shall be increased by a percentage which shall equal the greater of 3% or the percentage increase in the consumer price index for the New York-Northern New Jersey-Long Island, NY-NJ-CT metropolitan area, as reported by the United States Department of Labor, for the 12-month period ended the immediately preceding October 31.
Increase in Base Salary. The Agreement is hereby amended, effective as of the Amendment Effective Date, by adding the following sentence to the end of Section 3(a): “Effective as of February 25, 2019, Executive’s base salary is increased to four hundred and seventy-five thousand U.S. dollars ($475,000.00) per annum.”
Increase in Base Salary. Immediately following the first fiscal quarter in which the Company shall have achieved revenues in excess of $1,250,000, the Base Salary shall be increased to the rate of $75,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $2,500,000, the Base Salary shall be increased to the rate of $100,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $3,750,000, the Base Salary shall be increased to the rate of $120,000 per annum.
Increase in Base Salary. During the balance of the Term, and for each renewal Term, the Employee shall be entitled to increase in the Consumer Price Index for all Urban Consumers and Urban Wage Earners U.S. City Average issued by the United States Department of Labor Bureau of Labor Statistics, or its successor index ("CPI") over the preceding calendar year.
Increase in Base Salary. Effective as of September 8, 2006 and commencing the first day following the day that the Employee executes this Agreement and returns it to the Company, the Company shall commence to pay to the Employee a salary at an annual rate of $400,000.00, payable in accordance with the Company’s standard payroll policies, and as may be periodically adjusted upward or downward by the Company in its discretion during its periodic review of base salaries (as adjusted, the “Base Salary”).
Increase in Base Salary. For each of the third and fourth Employment Years during the term hereof, Employee's Base Salary shall be increased by an amount determined by the Responsible Officer (subject to the approval of the Chairman of the Board of PCC); provided, in no event shall Employee's Base Salary during any successive Employment Year during the term hereof be less than Employee's Base Salary in effect for the immediately preceding Employment Year.
Increase in Base Salary. Executive's base salary shall be subject to review from time to time and Employer may (but is not required to) increase the base salary as the Board, in its discretion, may determine.
Increase in Base Salary. The following sentences are added in Section 4a (entitled “Base Salary”) of the Employment Agreement after the first sentence in Section 4a: Effective August 1, 2018, Employee will receive an annualized base salary of $250,000 (gross, less applicable legally required withholdings and such other deductions as Employee voluntarily authorizes in writing). Effective August 1, 2019, Employee will receive an annualized base salary of $300,000 (gross, less applicable legally required withholdings and such other deductions as Employee voluntarily authorizes in writing).
