Common use of Adjustments to Base Salary Clause in Contracts

Adjustments to Base Salary. The monthly Base Salary shall be automatically increased by Two Thousand Five Hundred Dollars ($2,500) per month upon Company first achieving each of the following milestones (to be measured at the end of each fiscal quarter on the basis of the trailing twelve (12) months): (i) One Million Five Hundred Thousand Dollars ($1,500,000) in Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”) ; (ii) Two Million Five Hundred Thousand Dollars ($2,500,000) in EBITDA; (iii) Three Million Five Hundred Thousand Dollar ($3,500,000) in EBITDA; and (iv) Four Million Five Hundred Thousand Dollars ($4,500,000) in EBITDA.

Adjustments to Base Salary. The base monthly Base Salary salary shall be automatically increased by Two Thousand Five Hundred Dollars ($2,500) per month upon each time the Company first achieving each of acheives the following milestones (to be measured at the end of each fiscal quarter on the basis of the trailing twelve (12) monthsquarter): (i) achieving One Million Five Hundred Thousand Dollars ($1,500,000) in Earnings Before Interest, Taxes, Interest Taxes Depreciation and Amortization (“EBITDA”) ); (ii) upon achieving Two Million Five Hundred Thousand Dollars ($2,500,000) in EBITDA; (iii) upon achieving Three Million Five Hundred Thousand Dollar ($3,500,000) in EBITDA; and (iv) upon acheving Four Million Five Hundred Thousand Dollars ($4,500,000) in EBITDA.

Adjustments to Base Salary. The base monthly Base Salary salary shall be automatically increased by Two One Thousand Five Hundred Dollars ($2,5001,500) per month upon each time the Company first achieving each acheives any of the following milestones (to be measured at the end of each fiscal quarter on the basis of the trailing twelve (12) monthsquarter): (i) the Company achieves 25,000 activations; ii) achieving One Million Five Hundred Thousand Dollars ($1,500,000) in Earnings Before Interest, Taxes, Interest Taxes Depreciation and Amortization (“EBITDA”); iii) ; (ii) upon achieving Two Million Five Hundred Thousand Dollars ($2,500,000) in EBITDA; (iii) upon achieving Three Million Five Hundred Thousand Dollar ($3,500,000) in EBITDA; and (iv) upon acheving Four Million Five Hundred Thousand Dollars ($4,500,000) in EBITDA.