Common use of 1Base Salary Clause in Contracts

1Base Salary. The Company shall pay the Executive an annualized base salary of $1.00 payable in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary may be reviewed from time to time by the Board in its discretion. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 1 contract

Samples: Indemnification Agreement (Bakhu Holdings, Corp.)

AutoNDA by SimpleDocs

1Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $1.00 payable 622,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary may shall be reviewed from time to time at least annually by the Board in its discretionand the Board may increase but not decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” ​

Appears in 1 contract

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.)

1Base Salary. The Company shall pay the Executive will be paid an annualized annual base salary (“Base Salary”) of One Hundred Fifty Thousand and 00/100 Dollars ($1.00 payable 150,000) beginning as of the Effective Date in accordance with the Company’s customary normal payroll practices and practices, subject to applicable wage payment laws, but no less frequently than monthlytax withholding. The Executive’s base salary may Annual Base Salary shall be reviewed from time annually and is subject to time by adjustment in the good faith discretion of the Company’s Board in its discretion. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as of Directors (the Base SalaryBoard) and/or Chief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (ProSomnus, Inc.)

1Base Salary. The Company shall pay the Executive an annualized a base salary of Three Hundred Twenty Thousand Dollars ($1.00 320,000) per year. Base salary shall be payable in equal installments twice monthly or at more frequent intervals in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthlypay schedule. The Company shall annually consider increases of Executive’s base salary and may be reviewed from time to time by the Board periodically increase such base salary in its discretion. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Appears in 1 contract

Samples: Employment Agreement (Green Plains Inc.)

AutoNDA by SimpleDocs

1Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $1.00 payable 370,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary may shall be reviewed from time to time at least annually by the Board in its discretionand the Board may increase but not decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” ​

Appears in 1 contract

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.