Common use of Salary Clause in Contracts

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 408,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 416,160 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 250,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 193,700 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 105,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 182,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 182,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 200,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 257,500 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 510,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012 to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 225,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 182,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 284,341 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's all services hereunderrendered and required to be rendered by, covenants of, and restrictions imposed on, Executive under this Agreement, Employer shall pay as base salary to Executive during and with respect to the amount Employment Period, and Executive agrees to accept, an annual salary of $265,200 during each year 250,000 ("Salary"), subject to increase at the discretion of the Employment TermBoard and to decrease but not below $250,000. Said salary Salary shall be payable in equal periodic installments in conformity accordance with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in practices applicable generally to its sole discretion, shall determineexecutive employees.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 244,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 297,138 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 206,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 382,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 343,332 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 250,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 197,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 239,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 256,020 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 316,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 330,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 186,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 561,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 247,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 157,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2003, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 200,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2005, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 257,500 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 353,632 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 290,028 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 270,504 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 360,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 223,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 239,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 262,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 260,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 193,700 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2009, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 260,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 357,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 251,736 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 336,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 150,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 356,857 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 235,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 244,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective February 1, 2010, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 270,504 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 601,174 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 375,064 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 291,312 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 221,500 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 135,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 251,736 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective February 1, 2010, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 125,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 228,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 223,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective April 1, 2009, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 583,664 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015 to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 240,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 215,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 200,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 247,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 241,892 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2009, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 322,524 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 285,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 500,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 231,750 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 210,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2005, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 256,020 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of two hundred thousand dollars ($265,200 200,000) during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 190,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 201,552 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 246,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 364,140 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 416,160 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 221,500 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 265,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 250,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective February 1, 2004, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 290,028 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 572,220 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014 to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 251,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 225,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2005, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 343,332 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 310,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 137,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 275,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 241,892 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 228,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 336,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 382,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 186,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. Is hereby amended, effective September 1, 2003, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $265,200 400,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.