Common use of 1Base Salary Clause in Contracts

1Base Salary. As compensation for Executive’s performance of Executive’s duties hereunder, effective beginning on the Effective Date Company shall pay to Executive an initial Base Salary at the rate of Three Hundred Sixteen Thousand Six Hundred Ten and 08/100 Dollars ($316,610.08) per year, payable in accordance with the normal payroll practices of Company, less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. Executives Base Salary shall be reviewed annually by the Compensation Committee of Company (the “Compensation Committee”) and adjustments, if any, will be made at that time. In the event Executive’s employment under this Agreement is terminated by either party, for any reason, Executive will earn the Base Salary prorated to the date of termination, except as otherwise set forth herein.

1Base Salary. As compensation for ExecutiveXxxxxxxxx’s performance of Executive’s duties hereunder, effective beginning on the Effective Date the Company shall pay to Executive an initial Base Salary at the rate of Three Three-Hundred Sixteen Ninety Thousand Six Hundred Ten and 08/100 Dollars ($316,610.08390,000.00) per year, payable in accordance with the normal payroll practices of the Company, less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. Executives Executive’s Base Salary shall be reviewed annually by the Compensation Committee of Company the Board (the “Compensation Committee”) and adjustments, if any, will be made at that time. In the event Executive’s employment under this Agreement is terminated by either party, for any reason, Executive will earn the Base Salary prorated to the date of termination, except as otherwise set forth herein.

1Base Salary. As compensation for Executive’s performance of Executive’s duties hereunder, effective beginning on the Effective Date the Company shall pay to Executive an initial Base Salary at the rate of Three Hundred Sixteen Twenty-One Thousand Six Hundred Ten and 08/100 Dollars ($316,610.08321,000.00) per year, payable in accordance with the normal payroll practices of the Company, less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. Executives Executive’s Base Salary shall be reviewed annually by the Compensation Committee of Company the Board (the “Compensation Committee”) and adjustments, if any, will be made at that time. In the event Executive’s employment under this Agreement is terminated by either party, for any reason, Executive will earn the Base Salary prorated to the date of termination, except as otherwise set forth herein.

1Base Salary. As compensation for Executive’s performance of Executive’s duties hereunder, effective beginning on the Effective Date the Company shall pay to Executive an initial Base Salary at the rate of Three Hundred Sixteen Ninety Thousand Six Hundred Ten and 08/100 Dollars ($316,610.08390,000.00) per year, payable in accordance with the normal payroll practices of the Company, less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. Executives Executive’s Base Salary shall be reviewed annually by the Compensation Committee of Company the Board (the “Compensation Committee”) and adjustments, if any, will be made at that time. In the event Executive’s employment under this Agreement is terminated by either party, for any reason, Executive will earn the Base Salary prorated to the date of termination, except as otherwise set forth herein.

1Base Salary. As compensation for Executive’s performance of Executive’s duties hereunder, effective beginning on the Effective Date Company Orbis shall pay to Executive an initial Base Salary at the rate of Three Hundred Sixteen Two Thousand Six Nine Hundred Ten Four and 08/100 03/100 Dollars ($316,610.08302,904.03) per year, payable in accordance with the normal payroll practices of CompanyOrbis, less required deductions for state and federal withholding tax, social security and all other employment taxes and payroll deductions. Executives Base Salary shall be reviewed annually by the Compensation Committee of Company GCE (the “Compensation Committee”) and adjustments, if any, will be made at that time. In the event Executive’s employment under this Agreement is terminated by either party, for any reason, Executive will earn the Base Salary prorated to the date of termination, except as otherwise set forth herein.