Annual Base Compensation. The Company shall pay to Employee an annual base salary (the "Annual Base Compensation") in the amount of two hundred twenty five thousand dollars ($225,000). The Annual Base Compensation shall be paid in regular installments in accordance with the Company's general payroll practices, and shall be subject to the payment by the Company of all required federal, state and local withholding taxes. Employee's Annual Base Compensation shall be reviewed by the Company's CEO and the Compensation Committee of the Board (the "Compensation Committee") annually.
Appears in 2 contracts
Samples: Employment Agreement (Dyadic International Inc), Employment Agreement (Dyadic International Inc)
Annual Base Compensation. The Company shall pay to Employee an annual base salary (the "Annual Base Compensation") in the amount of two hundred twenty five thousand dollars ($225,000)275,000. The Annual Base Compensation shall be paid in regular installments in accordance with the Company's general payroll practices, and shall be subject to the payment by the Company of all required federal, state and local withholding taxes. Employee's Annual Base Compensation shall be reviewed for increases by the Company's CEO and the Compensation Committee of the Board (the "Compensation Committee") annually.
Appears in 1 contract
Annual Base Compensation. The Company shall pay to Employee an annual base salary (the "“Annual Base Compensation"”) in the amount of two hundred twenty five thousand dollars ($225,000)240,000. The Annual Base Compensation shall be paid in regular installments in accordance with the Company's ’s general payroll practices, and shall be subject to the payment by the Company of all required federal, state and local withholding taxes. Employee's ’s Annual Base Compensation shall be reviewed by the Company's ’s CEO and the Compensation Committee of the Board (the "“Compensation Committee"”) at least annually.
Appears in 1 contract
Annual Base Compensation. The During the Employment Period the Company shall pay to Employee an annual base salary (the "“Annual Base Compensation"”) in the amount of two hundred twenty five fifteen thousand and 00/100 dollars ($225,000215,000). The Annual Base Compensation shall be paid in regular installments in accordance with the Company's general ’s regular payroll practices, and shall be subject to the payment by the Company of all required federal, state and local withholding taxes. Employee's ’s Annual Base Compensation shall be reviewed annually by the Company's ’s Chairman and CEO and the Compensation Committee of the Board (the "SXC Compensation Committee") annually.
Appears in 1 contract
Annual Base Compensation. The During the Employment Period the Company shall pay to Employee an annual base salary (the "“Annual Base Compensation"”) in the amount of two hundred twenty five thousand dollars Two Hundred Thirty Five and 00/100 Dollars ($225,000235,000). The Annual Base Compensation shall be paid in regular installments in accordance with the Company's general ’s regular payroll practices, and shall be subject to the payment by the Company of all required federal, state and local withholding taxes. Employee's ’s Annual Base Compensation shall be reviewed annually by the Company's ’s Chairman and CEO and the Compensation Committee of the Board (the "SXC Compensation Committee") annually.
Appears in 1 contract