Common use of 1Base Salary Clause in Contracts

1Base Salary. The Employee shall be paid an annual base salary of US$310,000, commencing on the Effective Date (the “Base Salary”). The Base Salary will be paid in equal installments pursuant to the payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s Base Salary at its discretion as required by business conditions, subject to Section 7.3 herein.

Appears in 1 contract

Samples: Employment Agreement (Rare Element Resources LTD)

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1Base Salary. The Employee shall be paid an annual base salary of US$310,000215,000, commencing on the Effective Date (the “Base Salary”). The Base Salary will be paid in equal installments pursuant to the payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s Base Salary at its discretion as required by business conditions, subject to Section 7.3 herein.

Appears in 1 contract

Samples: Employment Agreement (Rare Element Resources LTD)

1Base Salary. The During the Employment Term, the Employee shall be paid an annual base salary of US$310,000, commencing on the Effective Date (the “Base Salary”)) in the amount of $422,000.00, payable in accordance with the Company’s payroll practices. The Base Salary will be paid in equal installments pursuant to the payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s Base Salary at its discretion as required by business conditions, is subject to Section 7.3 hereinincrease, from time to time, in the sole and absolute discretion of the Board.

Appears in 1 contract

Samples: Employment Agreement (22nd Century Group, Inc.)

1Base Salary. The Employee shall be paid an annual base salary of US$310,000250,000, commencing on the Effective Date (the “Base Salary”). The Base Salary will be paid in equal installments pursuant to the payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s Base Salary at its discretion as required by business conditions, subject to Section 7.3 herein.

Appears in 1 contract

Samples: Employment Agreement (Rare Element Resources LTD)

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1Base Salary. The During the Employment Term, the Employee shall be paid an annual base salary of US$310,000, commencing on the Effective Date (the “Base Salary”)) in the amount of $425,000, payable in accordance with the Company’s payroll practices. The Base Salary will be paid in equal installments pursuant to the payroll procedures established by the Company. The Company reserves the right to adjust the Employee’s Base Salary at its discretion as required by business conditions, is subject to Section 7.3 herein.increase, from time to time, in the sole and absolute discretion of the Board. ​

Appears in 1 contract

Samples: Employment Agreement (22nd Century Group, Inc.)

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