Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at the rate of shall be $480,000 260,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings payable in equal installments, less applicable deductions and deductionswithholdings, which shall be paid to Executive in accordance with the customary Company’s standard payroll practices and procedures of the Companypractices. Such Executive’s Annual Base Salary shall be reviewed subject to review by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Company’s Compensation Committee of the Boardand may be increased or decreased, not less than annuallyfrom time to time.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 343,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsdeductions and as adjusted for part time status, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 350,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at the rate of shall be $480,000 412,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings payable in equal installments, less applicable deductions and deductionswithholdings, which shall be paid to Executive in accordance with the customary Company’s standard payroll practices and procedures of the Companypractices. Such Executive’s Annual Base Salary shall be reviewed subject to review by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Company’s Compensation Committee of the Boardand may be increased or decreased, not less than annuallyfrom time to time.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 340,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $220,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 250,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $340,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 400,000.00 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, CEO and/or the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company Rivian Automotive, Inc. (the “BoardParent”) and/or the Compensation Committee of the Board), not less than annually.

Annual Base Salary. During The Corporation shall pay the Term, Executive shall receive a base annual salary at (the rate of $480,000 per year (as may be increased from time to time, the “Annual "Base Salary”") which initially shall be TWO HUNDRED AND FIFTEEN THOUSAND DOLLARS US (US$215,000), subject to withholdings applicable taxable withholding and deductions, which shall be paid to Executive deductions and payable in accordance with the customary Corporation's standard payroll practices and procedures of the Companypractice for executive officers. Such Annual The Base Salary shall be reviewed annually by the CEO, and, as applicable, Board or a committee of the Board of Directors of and may be increased in accordance with the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCorporation's compensation policy.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $250,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 463,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, the Company will pay to the ------------------ Executive shall receive a an annual base salary at the rate of not less than US $480,000 per year (as 202,000, which annual base salary may be increased (but not decreased) from time to timetime by the Board (or a duly authorized committee thereof) in its sole discretion, payable at the “Annual Base Salary”), subject to withholdings times and deductions, which shall be paid to Executive in accordance the manner consistent with the customary payroll practices and procedures Company's general policies regarding compensation of executive employees. The Board may from time to time authorize such additional compensation to the Company. Such Annual Base Salary shall be reviewed by the CEOExecutive, andin cash or in property, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallymay determine in its sole discretion to be appropriate.

Annual Base Salary. During Executives actively participating in the Termmanagement of the Company will have an Annual Base Salary of ninety-six thousand dollars ($96,000), Executive shall receive a base salary at the rate of $480,000 per year paid monthly (as may be increased from time to time, the “Annual Base Salary”), and will be subject to standard withholdings and deductions, which deductions and shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be increased by eight percent (8%) for each new company/subsidiary acquired by Company and shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyquarterly.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 300,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Termportion of the Term which follows the Closing Date, the Executive shall receive a base salary at the a rate of $480,000 375,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to any increase as determined by the Compensation Committee in its sole discretion (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall may be reviewed increased, but not decreased, from time to time by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the rate of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions) at a rate of $2,000,000 per annum, which amount shall be paid to Executive increased by 5% per annum on a cumulative basis on each anniversary of the Effective Date. The Annual Base Salary shall be payable in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 600,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a an annual base salary at the rate of $480,000 per year (as may be increased from time 94,190.32 payable according to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices of Company and procedures subject to all required withholding taxes. The President, in the President’s discretion, may increase this annual base salary upon relevant circumstances. Executive will be reviewed at least annually. Any increase in annual base salary awarded by the President, will constitute a new annual base salary for the purpose of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyAgreement.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 380,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 415,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 257,500 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a base salary at the rate an Annual Base Salary of $480,000 per year (330,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be increased from time to time, adjusted based upon the “Company’s normal performance review practices. The Annual Base Salary”), subject to withholdings and deductions, which shall Salary will be paid to Executive periodically in accordance with the customary Company’s normal payroll practices and procedures of be subject to the Company. Such Annual Base Salary shall be reviewed by the CEOusual, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyrequired withholdings.

Annual Base Salary. During The Corporation shall pay the Term, Executive shall receive a base annual salary at (the rate of $480,000 per year (as may be increased from time to time, the “Annual "Base Salary”") which initially shall be TWO HUNDRED AND TWENTY-FIVE THOUSAND DOLLARS US (US$225,000), subject to withholdings applicable taxable withholding and deductions, which shall be paid to Executive deductions and payable in accordance with the customary Corporation's standard payroll practices and procedures of the Companypractice for executive officers. Such Annual The Base Salary shall be reviewed annually by the CEO, and, as applicable, Board or a committee of the Board of Directors of and may be increased in accordance with the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCorporation's compensation policy.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $210,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate that is no less than $233,000 per annum payable in accordance with the rate Company’s normal payroll practices, which shall be reviewed by the Compensation Committee on or prior to each anniversary of $480,000 per year (as the Effective Date during the Term and may be increased from time to timeincreased, but not decreased, upon such review (the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay to Executive shall receive a an annual base salary at the rate of no less than $480,000 1,000,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in accordance with the customary payroll Company’s usual pay practices (and procedures of the Companyin any event no less frequently than monthly). Such Annual The Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at the rate of shall be $480,000 319,920 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings payable in equal installments, less applicable deductions and deductionswithholdings, which shall be paid to Executive in accordance with the customary Company’s standard payroll practices and procedures of the Companypractices. Such Executive’s Annual Base Salary shall be reviewed subject to review by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Company’s Compensation Committee of the Boardand may be increased or decreased, not less than annuallyfrom time to time.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the rate of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions) at a rate of $1,250,000 per annum, which amount shall be paid to Executive increased by 5% per annum on a cumulative basis on each anniversary of the Effective Date. The Annual Base Salary shall be payable in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at the rate of shall be $480,000 325,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings payable in equal installments, less applicable deductions and deductionswithholdings, which shall be paid to Executive in accordance with the customary Company’s standard payroll practices and procedures of the Companypractices. Such Executive’s Annual Base Salary shall be reviewed subject to review by the CEOCompany’s compensation committee and may be increased or decreased, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyfrom time to time.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at (the rate of “Annual Base Salary”) shall be Eight-Hundred Thousand Dollars ($480,000 per year (as 800,000), payable in accordance with the Company’s normal payroll practices. The Annual Base Salary may be increased from time to time, time at the discretion of the Compensation Committee (the “Annual Base SalaryCommittee”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures ) of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company Mylan N.V. (the “Board”) and/or the Compensation Committee of ), or any other committee or individual authorized by the Board, not less than annually.

Annual Base Salary. During the Term, The Company shall pay Executive shall receive a base salary at the rate of Two Hundred Seventy-One Thousand, Five Hundred Dollars ($480,000 per year 271,500) (as may be increased from time to time, the “Annual Base Salary”)) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, subject to withholdings at the discretion of the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and deductions, the time at which the adjustment should take effect. The Base Salary shall be paid to Executive in accordance consistent with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 300,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the ’s Compensation Committee of the Board, not less than annuallyannually and may be adjusted from time to time.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $240,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $480,000 270,920.00 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed , subject to adjustment as determined by the CEO, and, as applicable, the Board of Directors of the Company or its committee (“the “Board”) and/or the Compensation Committee of the Board, not less than annually).

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 332,500 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 270,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During The Company shall pay to the Term, Executive shall receive a executive an annual base salary (the "Base Salary") at a rate not less than $200,000, such salary to be paid in conformity with the rate of $480,000 per year (as may be increased Company's payroll policies relating to its senior executive officers. The Base Salary may, from time to time, be increased, however, if the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Executive's Base Salary is increased, it shall not thereafter be reviewed by decreased during the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyTerm.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsdeductions and as adjusted for part time status, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 340,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 [________]2 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $480,000 325,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review and upward, but not downward, adjustment by the Board in its sole discretion (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During Executive’s annual salary rate for the services rendered on behalf of the Company and its subsidiaries during the Term shall be no less than $200,000 per year, payable in equal bi-monthly installments. From time to time during the Term, Executive shall receive a Executive’s base salary at the rate of $480,000 per year (as may be increased from time to time, at the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee discretion of the Board, not less than annuallybut shall in no event be decreased from the amount of the base salary in effect at that time. The Board shall review Executive’s base salary at least on an annual basis.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 285,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the ’s Compensation Committee of the Board, not less than annuallyannually and may be adjusted from time to time.

Annual Base Salary. During The Company shall pay the Term, Executive shall receive a base salary at the a rate of not less than $480,000 160,000 per year annum (“Base Salary”), payable in accordance with the Company’s regular payroll practices from time to time in effect. The Board, in its sole discretion, may increase the Base Salary on an annual basis. The Base Salary shall not be reduced, and the term Base Salary shall refer hereafter to the Base Salary as it may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During Beginning on the TermAmendment Effective Date, Executive shall receive a base salary at a rate not less than $350,000 per annum through the rate end of $480,000 per year the Term (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary Company’s general payroll practices and procedures of the Companyfor executives, but no less frequently than monthly. Such The Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board compensate Executive for any position in or directorship of Directors of the a Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallysubsidiary or affiliate that Executive holds.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 450,000 per year (as may be increased from time to time, the “"Annual Base Salary”"), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, Board ("Compensation Committee") not less than annually.

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at the rate of FOUR HUNDRED TWENTY FIVE THOUSAND DOLLARS ($480,000 per year 425,000) (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in equal installments in accordance with the customary Company’s normal payroll practices and procedures of practice for its senior executives, subject to the Executive’s continued employment with the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During The Corporation shall pay the Term, Executive shall receive a base annual salary at the rate of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), which initially shall be $275,000(CAD), subject to applicable withholdings and deductions, which shall be paid to Executive deductions and payable in accordance with the customary Corporation’s standard payroll practices and procedures of the Companyfor executive officers. Such Annual The Base Salary shall be reviewed annually by the CEO, and, as applicable, Board or a committee of the Board of Directors and may be increased in accordance with the Corporation’s compensation policy. Finally, all or part of the Company (the “Board”) and/or the Compensation Committee Executive’s Base Salary may be paid through an Affiliate of the Board, not less than annuallyCorporation.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of one million dollars ($480,000 1,000,000) per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsannum, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such , subject to review and adjustment in accordance with the Company's or TMHC's compensation policies and practices, overall financial condition and other business factors (the "Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallySalary").

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $480,000 400,000 per year annum (as may be increased from time to time, the “"Annual Base Salary”"), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed and may be adjusted from time to time by the CEO, and, as applicable, the Board board of Directors directors of the Company or an authorized committee thereof (in any case, the “Board”) and/or ), provided that the Compensation Committee of the Board, Annual Base Salary may not less than annuallybe decreased without Executive's consent.”

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a base salary at the rate an Annual Base Salary of $480,000 per year (380,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be increased from time to time, adjusted based upon the “Company’s normal performance review practices. The Annual Base Salary”), subject to withholdings and deductions, which shall Salary will be paid to Executive periodically in accordance with the customary Company’s normal payroll practices and procedures of be subject to the Company. Such Annual Base Salary shall be reviewed by the CEOusual, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyrequired withholdings.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 350,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, Board (“Compensation Committee”) not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 357,500 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm while Executive is employed by the Company, Executive shall receive a base salary at the a rate of $480,000 425,000 per annum, which shall increase by $25,000 on January 1 of each year of the Term, and be paid in accordance with the customary payroll practices of the Company (such annual base salary, as it may be increased adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at shall be equal to $1,200,000, which shall be retroactive to the rate of $480,000 per year (as Effective Date, payable in accordance with the Company’s normal payroll practices for its executive officers. The annual base salary may be increased from time to time, time at the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures discretion of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, Compensation Committee of the Board of Directors of the Company (or any other committee authorized by the Board of Directors. The annual base salary may not be decreased except where other executive officers of the Company are required to accept a similar reduction. The annual base salary as in effect from time to time shall be referred to as the “BoardAnnual Base Salary.”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 400,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, Board (“Compensation Committee”) not less than annually.

Annual Base Salary. During the TermEmployment Period, unless increased by the Board in its sole discretion, the Executive shall receive a an annual base salary at the rate of $480,000 per year 1,000,000 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in equal installments in accordance with the customary Company’s normal payroll practices and procedures of practice for its senior executives, subject to the Executive’s continued active employment with the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, (1) The Executive shall receive a will be paid an annual base salary at in the rate gross amount of $480,000 per year CAD $ 328,000.00 (the “Base Salary”). The Base Salary will be payable in equal instalments, in accordance with the Corporation’s normal payroll schedule as may be increased in effect from time to time, the “Annual Base Salary”), in arrears by direct deposit and subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed deductions required by law or authorized by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyExecutive.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Company and its subsidiaries, the Company will pay Executive shall receive a an annual base salary at the rate of $480,000 per year 427,500.00 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall . Executive’s Annual Base Salary will be paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors practice of the Company (and its subsidiaries in effect from time to time for the “Board”) and/or the Compensation Committee payment of salaries to officers of the BoardCompany and its subsidiaries, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term. Any increase or decrease in the amount will henceforth be the Annual Base Salary.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 575,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 380,625 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During The Company shall pay to the Term, Executive shall receive a an annual base salary (the "Base Salary") at the a rate of not less than one hundred thousand dollar ($480,000 100,000) per year (as may such salary to be increased paid in conformity with the Company's payroll policies relating to its senior executive officers, but in any event not less than monthly. The Base Salary may, from time to time, be increased, however, if the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Executive's Base Salary is increased, it shall not thereafter be reviewed by decreased during the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyTerm.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 500,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Company shall pay Executive shall receive a base salary at the rate of $480,000 600,000 per year (annum or such greater amount as may be increased the Board shall determine from time to time, time in its discretion (the “Annual Base Salary”), subject to withholdings and deductions, which . Such Base Salary shall be paid to Executive payable in accordance with the customary Company’s standard payroll practices for senior executives, and procedures of the Company. Such Annual Base Salary shall may not be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallydecreased without Executive’s prior written consent.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 400,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive's base salary shall be $297,000 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive's base salary shall be payable in accordance with the Company's standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $480,000 330,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $480,000 415,000.00 per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review and upward, but not downward, adjustment by the Board in its sole discretion (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $480,000 340,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review and upward, but not downward, adjustment by the Board in its sole discretion (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $480,000 336,000 per annum in 2023, which shall be paid in accordance with the customary payroll practices of the Company, subject to review and upward, but not downward without Executive’s written consent, adjustment from the rate approved by the Compensation Committee in its sole discretion each year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a an annual base salary at the rate of $480,000 per year 320,000 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the its Compensation Committee of the BoardCommittee, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 500,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a an annual base salary at the rate of $480,000 per year 350,000 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the its Compensation Committee of the BoardCommittee, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 387,400 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s base salary shall be $320,725 per year, which amount may be reviewed and increased at the rate discretion of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or any committee of the Board, not less than annuallyBoard of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in accordance with the Company’s standard payroll practices and policies for executives and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 381,924 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 404,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 371,900 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 413,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 362,500 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 335,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $480,000 415,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyannually for increase (but not decrease).

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 315,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During The Corporation shall pay the Term, Executive shall receive a base annual salary at (the rate of $480,000 per year (as may be increased from time to time, the “Annual Base Salary”) which initially shall be Two Hundred Seventy Five Thousand US (US$275,000), subject to withholdings applicable taxable withholding and deductions, which shall be paid to Executive deductions and payable in accordance with the customary Corporation’s standard payroll practices and procedures of the Companyfor executive officers. Such Annual The Base Salary shall be reviewed annually by the CEO, and, as applicable, Board or a committee of the Board of Directors and may be increased in accordance with the Corporation’s compensation policy. Finally, all or part of the Company (the “Board”) and/or the Compensation Committee Executive’s Base Salary may be paid through an Affiliate of the Board, not less than annuallyCorporation.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 426,420 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a base salary at the rate an Annual Base Salary of $480,000 per year (340,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be increased from time to time, adjusted based upon the “Company’s normal performance review practices. The Annual Base Salary”), subject to withholdings and deductions, which shall Salary will be paid to Executive periodically in accordance with the customary Company’s normal payroll practices and procedures of be subject to the Company. Such Annual Base Salary shall be reviewed by the CEOusual, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyrequired withholdings.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 [xxx,xxx.xx] per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the [Board of Directors of the Company (the “Board”) and/or and/or] the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm (commencing as of the first pay period following the Effective Date), the Executive shall receive a base salary at the a rate of $480,000 315,000 per year (as annum, payable in accordance with the Company’s normal payroll practices, which shall be reviewed by the Compensation Committee annually and may be increased from time to timeincreased, but not decreased, upon such review (the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During Effective as of the CEO Effective Date, during the Term, the Company shall pay the Executive shall receive a base salary at the rate an Annual Base Salary of $480,000 per year (460,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be increased from time to time, adjusted based upon the “Company’s normal performance review practices. The Annual Base Salary”), subject to withholdings and deductions, which shall Salary will be paid to Executive periodically in accordance with the customary Company’s normal payroll practices and procedures of be subject to the Company. Such Annual Base Salary shall be reviewed by the CEOusual, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyrequired withholdings.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 33,333 per year month ($400,000 on an annualized basis) (as may be increased adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, Board from time to time and is subject to such adjustments as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of determined necessary or appropriate by the Board, not less than annually.

Annual Base Salary. During the Termportion of the Term which follows the Closing Date, the Executive shall receive a base salary at the a rate of $480,000 250,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to any increase as determined in accordance with the customary compensation practices or policies of the Company (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall may be reviewed increased, but not decreased, from time to time by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $480,000 386,250 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of four hundred sixty thousand dollars ($480,000 460,000) per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Company shall pay Executive shall receive a base salary at the annual rate of no less than TWO HUNDRED SEVENTY-FIVE THOUSAND Dollars and 00/100 ($480,000 per year 275,000.00) (as may be increased from time to time, the “Annual Base Salary”)) unless and until Executive and the Company agree to a different amount, subject to withholdings and deductions, in which event the new agreed amount shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall from the effective date of that agreed adjustment. The Base Salary will be reviewed by annually to determine any appropriate upward adjustments at the CEO, and, as applicable, discretion of the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyDirectors.

Annual Base Salary. During The Company shall pay to the Term, Executive shall receive a an annual base salary (the “Base Salary”) at a rate not less than two hundred thousand dollars ($200,000), such salary to be paid in conformity with the rate of $480,000 per year (as may be increased Company’s payroll policies relating to its senior executive officers. The Base Salary may, from time to time, be increased, however, if the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Executive’s Base Salary is increased, it shall not thereafter be reviewed by decreased during the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyTerm.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of four hundred thirty thousand dollars ($480,000 430,000) per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to annual review and possible increase (but not decrease) as may be increased from time to time, determined by the Board in its sole discretion (the “Annual Base Salary”). Effective as of January 1, 2018, subject to withholdings and deductionsthe completion of ADT Inc.’s initial public offering, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Executive’s Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company increased to four hundred forty-one thousand dollars (the “Board”) and/or the Compensation Committee of the Board, not less than annually$441,000).