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 $325,000 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 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 For all of the Termemployment rendered by Executive to the Bank and to the Company, the Bank will pay Executive shall receive a an annual base salary at the rate of $325,000 per year 215,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures practice of the Company. Such Annual Base Salary shall be reviewed by Bank in effect from time to time for the CEO, and, as applicable, the Board payment of Directors salaries to officers of the Company (the “Board”) and/or the Compensation Committee of the BoardBank, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $325,000 400,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time by the Board or the Compensation Committee of the Board (the “Compensation Committee”) (such annual base salary, as it may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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, The Executive shall receive a be compensated at an annual base salary at the rate of Three Hundred Twenty-Five Thousand and No/100 Dollars ($325,000 per year 325,000.00) (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and 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, andBoard of Directors at least annually for adjustments, as applicable, determined by the Board of Directors based on an evaluation of the Company (Executive’s performance. The Executive’s Annual Base Salary shall be payable in accordance with the “Board”) and/or the Compensation Committee of the Board, not less than annuallyEmployer’s normal payroll practices.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 304,500 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 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 TermEmployment Period, the Executive shall receive a an annual base salary at in the rate amount of $325,000 per year 325,000.00 less applicable deductions under federal, state and local laws (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and , paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Board, in its discretion, may at any time change the amount of the Annual Base Salary to such greater amount as it may deem appropriate, and the term “Annual Base Salary,” as used in this Agreement, shall refer to the Annual Base Salary as it may so 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 annuallychanged.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $300,000, less applicable withholding and payroll deductions, payable in accordance with the Company’s regular payroll practices. The Annual Base Salary shall will be subject to withholdings reviewed at least annually by the Compensation and deductions and paid to Executive in accordance with the customary payroll practices and procedures Management Development Committee of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 570,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 CEOBoard, and, as applicable, the Board of Directors of the Company (the “Board”) and and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 [______] per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 CEOBoard, and, as applicable, the Board of Directors of the Company (the “Board”) and 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 $325,000 340,000 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 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 For all of the Termemployment rendered by Executive to the Bank and to the Company, the Bank will pay Executive shall receive a an annual base salary at the rate of $325,000 per year 170,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures practice of the Company. Such Annual Base Salary shall be reviewed by Bank in effect from time to time for the CEO, and, as applicable, the Board payment of Directors salaries to officers of the Company (the “Board”) and/or the Compensation Committee of the BoardBank, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 340,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 300,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 425,000 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 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 TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 375,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “Annual Base Salary”)) of at least $750,000, which shall be subject to annual review and increase. The No increase in Annual Base Salary shall be subject limit or reduce any other right of or obligation to withholdings and deductions and paid to the Executive in accordance with the customary payroll practices and procedures of the Companyunder this Agreement. Such Annual Base Salary shall not be reviewed by reduced at any time (including after any such increase) without the CEO, and, Executive’s written consent and the term Annual Base Salary as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyutilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $325,000 850,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary , which shall be subject to withholdings and deductions and 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 increased, but not decreased) from time to time (but at least annually) by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or an authorized committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $325,000 200,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time by the Board or the Compensation Committee of the Parent Board (the “Compensation Committee”) (such annual base salary, as it may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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 a rate of $325,000 425,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary , which shall be subject to withholdings and deductions and 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 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 or an authorized 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 $325,000 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 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 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 Executive’s base salary shall be $340,000 per year, which amount may be reviewed and increased at the rate discretion of $325,000 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 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 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 an annual base salary at of not less than $330,000.00 during the rate Term of $325,000 per year Employment (as may be increased the annual base salary in effect from time to time, the “time being referred to as ‘‘Annual Base Salary”’’). The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive payable in accordance with the customary Employer’s regular payroll practices and procedures practice for senior officers of the Company, as in effect from time to time. Such The Annual Base Salary shall be reviewed by from time to time, and, in the sole discretion of the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, may be adjusted but may not less than annuallybe decreased below $330,000 per annum.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Bank and to the Company, the Bank will pay Executive shall receive a an annual base salary at the rate of $325,000 per year 185,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures practice of the Company. Such Annual Base Salary shall be reviewed by Bank in effect from time to time for the CEO, and, as applicable, the Board payment of Directors salaries to officers of the Company (the “Board”) and/or the Compensation Committee of the BoardBank, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 600,000 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 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 TermTerm hereof, the Company shall pay to Executive shall receive a base salary at established by the rate Company which for the first year of the Term shall be $325,000 per year 350,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s salary will be reviewed at the beginning of each of its fiscal years and, in the sole discretion of the Company, may be increased for such year (but not decreased). All references herein to Annual Base Salary shall be subject refer to withholdings and 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, Executive’s base salary as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyso increased.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 per year (as may be increased adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary ” at a rate of no less than $390,000 per annum, which shall be subject to withholdings and deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Company and shall be pro-rated for partial years of employment, The Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company from time to time (the “Board”) and/or the Compensation Committee of the Board, not but no less than annually) by the Board and may be increased (but not decreased) from the annual rate then in effect.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 415,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 257,500 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 a rate initially of $325,000 400,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (as and may be increased adjusted for increase, but not decrease) from time to time (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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 or its compensation committee (the “BoardCompensation Committee”) and/or the Compensation Committee of the Board, not less than annually).

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $250,000, less applicable withholding and payroll deductions, payable in accordance with the Company’s regular payroll practices. The Annual Base Salary shall will be subject to withholdings reviewed at least annually by the Compensation and deductions and paid to Executive in accordance with the customary payroll practices and procedures Management Development Committee of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $325,000 375,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (as and may be increased adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board,” and (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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 For all of the Termemployment rendered by Executive to the Bank and to the Company, the Bank will pay Executive shall receive a the gross annual base salary at the rate of $325,000 per year 215,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures practice of the Company. Such Annual Base Salary shall be reviewed by Bank in effect from time to time for the CEO, and, as applicable, the Board payment of Directors salaries to officers of the Company (the “Board”) and/or the Compensation Committee of the BoardBank, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term. Required taxes and legal deductions will be applied at the time of payment.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of that is no less than $325,000 675,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive , payable in accordance with the customary Company’s normal payroll practices and procedures practices. The rate of the Company. Such Annual Base Salary shall be reviewed by the CEOCompensation Committee periodically, andat least annually, as applicable, the Board and any increases in Annual Base Salary will be based upon performance and consideration of Directors competitive market practice with any decrease occurring only if such a decrease also applies proportionately to all Named Executive Officers of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.Company

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 Executive’s base salary shall be $240,000 per year, which amount may be reviewed and increased at the rate discretion of $325,000 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 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 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 $325,000 [________]2 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 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 of Employment, Executive shall receive a base salary at the rate of $325,000 [ ] per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 a rate of $325,000 270,000 per year year, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (as and may be increased adjusted) from time to time by the Board of Directors of the Company or an authorized committee thereof (in either case, the “Board” and, such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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 $325,000 270,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 Executive shall receive a base salary at the a rate of $325,000 300,000 per year annum, which shall be paid in accordance with the customary compensation practices or policies of the Company (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary may be increased, but not decreased, from time to time by the Board. Paydays are expected to be every other Friday (normally 26 pay days a year). Executive’s paycheck shall be subject to withholdings and deductions and paid delivered to Executive in accordance with or made available to Executive on such dates. If a payday falls on a holiday or weekend, Executive may pick up his paycheck on the customary payroll practices and procedures of weekday immediately preceding 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 annuallypayday.

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 $325,000 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 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 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 TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $305,000, less applicable withholding and payroll deductions, payable in accordance with the Company’s regular payroll practices. The Annual Base Salary shall will be subject to withholdings reviewed at least annually by the Compensation and deductions and paid to Executive in accordance with the customary payroll practices and procedures Management Development Committee of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 400,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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, 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 $210,000 per year, which amount may be reviewed and increased at the rate discretion of $325,000 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 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 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 $325,000 400,000.00 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 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 Term, Executive shall receive a base salary at the rate of $325,000 380,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 465,800.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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. (a) During the Term, the Executive shall receive a be paid an annual base salary of $290,000, subject to any increases that the Chief Executive Officer of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Executive's base salary shall be paid at least monthly and, at the rate of $325,000 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 and paid to Executive in accordance with the customary payroll practices and procedures option of the Company, may be paid more frequently. Such Annual Base Salary In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be reviewed by prorated through the CEO, and, as applicable, the Board date of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallytermination.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 350,000 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 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 $325,000 332,500 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 343,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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, The Executive shall receive an annual base salary during the term of this Agreement at a rate of not less than Four Hundred Thousand Dollars ($400,000), payable in installments consistent with the Company's normal payroll schedule. The Board or its Compensation Committee shall review this base salary at annual intervals, and may adjust the rate of $325,000 per year (as may be increased Executive's annual base salary from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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, time as applicable, the Board of Directors of the Company (the “Board”) and/or the or its Compensation Committee of the Board, not less than annuallydeems to be appropriate.

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 $325,000 per year (as may be increased from time to time, compensation for the “Annual Base Salary”)Executive’s services. The Annual Base Salary amount shall be subject to withholdings review and deductions and may be adjusted based upon the Company’s normal performance review practices. The Annual Base 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 an annual base salary at the rate of $325,000 per year (as may be increased from time 148,240.00 payable according to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive in accordance with the customary payroll practices of Company and procedures subject to all required withholding taxes. The CEO, with the approval of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the ’s Board of Directors Compensation Committee, may increase this annual base salary upon relevant circumstances. Executive’s base salary will be reviewed at least annually. Any increase in annual base salary awarded by the CEO will constitute a new annual base salary for the purpose 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 The Executive’s annual base salary at as of the rate of Effective Date shall be equal to $325,000 per year (as 1,800,000, payable in accordance with the Company’s normal payroll practices for its executive officers. The Executive’s base salary may be increased from time to time, time at the discretion of the Board (or any committee thereof having authority over executive compensation (the “Annual Base SalaryCommittee”)) and once increased may not be decreased. The Annual Base Salary shall be subject base salary as in effect from time to withholdings and deductions and paid to Executive time in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary this Agreement shall be reviewed by the CEO, and, referred to as applicable, the Board of Directors of the Company (the “BoardBase 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 $325,000 [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 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 Term, The Executive shall will initially receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “"Annual Base Salary”") of three hundred and eighty thousand dollars ($380,000.00), which shall be paid in equal or substantially equal semi-monthly installments. The During the Employment Period, the Annual Base Salary shall be subject payable to withholdings and deductions and paid to the 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 and Organization Committee at least once annually and shall be increased at the discretion of the Board or the Compensation and Organization Committee of the Board, Board but shall not less than annuallybe reduced.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Bank and to the Company, the Bank will pay Executive shall receive a an annual base salary at the rate of $325,000 per year 245,000 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures practice of the Company. Such Annual Base Salary shall be reviewed by Bank in effect from time to time for the CEO, and, as applicable, the Board payment of Directors salaries to officers of the Company (Bank and may be increased or decreased during the “Board”) and/or the Compensation Committee of the Board, not less than annuallyTerm.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 437,750.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 413,000 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 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 $325,000 362,500 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 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 $325,000 per year (310,000 as may be increased from time to time, compensation for the “Annual Base Salary”)Executive’s services. The Annual Base Salary amount shall be subject to withholdings review and deductions and may be adjusted based upon the Company’s normal performance review practices. The Annual Base 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 TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 380,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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, 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 Five Hundred Seventy-Five Thousand Dollars ($575,000), payable in accordance with the rate of $325,000 per year (as 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”). The Annual Base Salary shall be subject to withholdings and deductions and 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 $325,000 per year ___________ (as may be increased from time to time, the (“Annual Base Salary”). The Annual Base Salary shall be , which is subject to withholdings and deductions and pro-rated for any partial employment during the Term, 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 BoardBoard (the “Committee”), not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 291,748 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 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 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 $325,000 per year 235,000.00 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and 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. (a) During the Term, the Executive shall receive a be paid an annual base salary of $275,000, subject to any increases that the Chief Executive Officer of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Executive's base salary shall be paid at least monthly and, at the rate of $325,000 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 and paid to Executive in accordance with the customary payroll practices and procedures option of the Company, may be paid more frequently. Such Annual Base Salary In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be reviewed by prorated through the CEO, and, as applicable, the Board date of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallytermination.

Annual Base Salary. During Executive’s annual salary for the services rendered on behalf of the Company during the Term shall be no less than $180,000.00 per year, subject to applicable withholdings and deductions, payable in equal Semi-monthly installments. From time to time during the Term, Executive Executive’s base salary may be increased at the discretion of the Compensation Committee, but shall receive a in no event be decreased from the amount of the base salary in effect at that time. The Compensation Committee shall review Executive’s base salary at the rate of $325,000 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 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 annuallyleast on an annual basis.

Annual Base Salary. (a) During the Term, the Executive shall receive a be paid an annual base salary of $345,000, subject to any increases that the Chief Executive Officer of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Executive's base salary shall be paid at least monthly and, at the rate of $325,000 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 and paid to Executive in accordance with the customary payroll practices and procedures option of the Company, may be paid more frequently. Such Annual Base Salary In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be reviewed by prorated through the CEO, and, as applicable, the Board date of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallytermination.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 430,000 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 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, The Executive shall receive an annual base salary during the term of this Agreement at a rate of not less than Three Hundred Twenty Five Thousand Dollars ($325,000), payable in installments consistent with the Company’s normal payroll schedule. The Board or its Compensation Committee shall review this base salary at annual intervals, and may adjust the rate of $325,000 per year (as may be increased Executive’s annual base salary from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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, time as applicable, the Board of Directors of the Company (the “Board”) and/or the or its Compensation Committee of the Board, not less than annuallydeems to be appropriate.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the an initial rate of seven hundred thousand dollars ($325,000 700,000) per year (as may annum. From and after the CEO Appointment Date, the Executive's base salary rate shall be increased from time to time, the “Annual Base Salary”)nine hundred thousand dollars ($900,000) per annum. The Annual Base Salary Executive's base salary shall be subject to withholdings and 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 and shall be subject to annual review by the Board (the “Board”) and/or the Compensation Committee of the Board, not less than annually"Annual Base Salary").

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 412,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 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 $325,000 per year 350,000 (as may be increased from time to time, the “Annual Base Salary”). The Executive’s Annual Base Salary shall will be subject to withholdings and deductions and 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 $325,000 432,600 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 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 CEOBOARD, 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 Bank will compensate the Term, Executive shall receive for the Executive’s services during the Term at a minimum annual base salary at the rate of $325,000 300,000 per year year, effective through December 31, 2018 (as may be increased from time to time, the “Annual Base Salary”), payable at the same times as salaries are payable to other executive employees. The After December 31, 2018, the Bank may, from time to time, increase, and may not decrease, the Executive’s Annual Base Salary Salary, and any and all such changes shall be subject deemed to withholdings and deductions and paid constitute amendments to Executive in accordance with this Section to reflect 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 annuallyrevised amount.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 371,900 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 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 shall be paid at the rate of $325,000 386,250 per year (as may be increased from time to time, the “Annual Base Salary”), payable in equal installments, less applicable payroll deductions and withholdings, on the Company’s ordinary payroll cycle. The Executive’s Annual Base Salary shall be subject to withholdings annual review by the Board and deductions and paid may be adjusted from time to time. As an exempt salaried employee, Executive in accordance with the customary payroll practices and procedures of will be required to work the Company. Such Annual Base Salary shall ’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will 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 annuallyentitled to overtime compensation.

Annual Base Salary. During the Term, The Company shall pay Executive shall receive a base an annual salary at the rate of $325,000 275,000 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 and paid to Executive in accordance with the customary Company's regularly established payroll practices and practice. During the Employment Period, Executive's Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated executives and may be adjusted in the sole discretion of the Company. Such Annual ; provided, however, that the Base Salary shall not be reviewed by reduced below the CEO, and, as applicable, minimum amount set forth above without the Board mutual agreement of Directors of Executive and the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCompany.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 400,000 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 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 Executive’s total annual salary shall receive a base salary at the rate of be $325,000 per year 375,000 (as may be increased from time to time, the “Annual Base Salary”), less applicable deductions, payable in approximately equal installments under the Company’s general payroll practices. The Annual Base Salary shall be subject to withholdings CEO and 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 may review the Compensation Committee Executive’s Annual Base Salary periodically and may increase Executive’s Annual Base Salary in the sole discretion of the Board, not less than annuallyCEO.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $325,000 330,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 $325,000 460,000 per year (as may be increased from time to time, the “Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. The Executive’s Annual Base Salary shall be subject to withholdings and deductions and paid to Executive in accordance with the customary payroll practices and procedures of review by the Company. Such Annual Base Salary ’s compensation committee and may be increased or decreased from time to time, but shall not be reviewed by reduced unless, and only to the CEO, and, as applicableextent that, the Board base salaries of Directors all other similarly situated executives of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyare proportionately reduced.

Annual Base Salary. During the Term, the Company shall pay to the Executive shall receive a an annual base salary in installments, not less often than monthly, at the an annual rate of not less than $325,000 per year 275,000 (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and 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 or the Compensation Committee of the BoardBoard (the “Committee”) at least annually for increase, not less than annuallyand the Annual Base Salary, as and to the extent so adjusted, shall be the “Annual Base Salary” for all purposes of this Agreement.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 412,000 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 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 $325,000 365,000 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 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 $325,000 309,000 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 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 an annual base salary at the rate of $325,000 per year (as may be increased in effect from time to time, the “Annual Base Salary”)) of $279,926, which Annual Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices. The Annual Base Salary shall will be subject to withholdings and deductions and paid to Executive periodical review in accordance with Company policy, and the customary payroll practices and procedures of the Company. Such Annual Executive’s Base Salary shall be reviewed increased annually by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not no less than annuallya percentage equal to the percentage increase, if any, in the Consumer Price Index in the prior twelve month period.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $325,000 375,000 per year annum (as may be increased from time to time, the “Annual Base Salary”). The Annual Base Salary , which shall be subject to withholdings and deductions and 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 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 or an authorized 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 $325,000 two hundred seventy-five thousand dollars ($ 275,000) per year (as may be increased from time to timeannum, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed increase as determined by the CEO, and, as applicable, Compensation Committee of the Board of Directors of the Company (“Annual Base Salary"). The Executive’s Annual Base Salary shall be payable in accordance with the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCompany’s normal payroll procedures.

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 $150,000.00 per year, subject to applicable withholdings and deductions, payable in equal semimonthly installments. From time to time during the Term, Executive Executive’s base salary may be increased at the discretion of the Compensation Committee, but shall receive a in no event be decreased from the amount of the base salary in effect at that time. The Compensation Committee shall review Executive’s base salary at the rate of $325,000 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 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 annuallyleast on an annual basis.

Annual Base Salary. During the TermAs of January 1, 2022, Executive shall receive a base salary at the rate of $325,000 34,666.66 per year month ($416,000 on an annualized basis) (as may be increased adjusted and in effect from time to time, the “Annual Base Salary”). The Annual Base Salary shall be , subject to withholdings and deductions 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 Term, Executive shall receive a base salary at the rate of $325,000 500,000 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 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 For the Termservices of the Executive to be rendered under this Agreement, during the Employment Term the Company shall pay the Executive shall receive a an annual base salary at the rate of $325,000 per year (as may be increased from time to time, the “Annual Base Salary”)475,000. The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive adjusted annually at the greater of (i) four (4%), (ii) an amount approved by the Compensation Committee of the Parent's Board of Directors or (iii) the Consumer Price Index in accordance with the customary payroll practices and procedures of the Company. Such formula attached hereto as Exhibit A. The Annual Base Salary shall be reviewed by payable in accordance with 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 annuallyCompany's normal payroll practices.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 450,000 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 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 be paid a base salary (“Annual Base Salary”) at the rate of $325,000 242,000 per year (annum. The Executive’s Annual Base Salary will be paid in accordance with the Company’s regular payroll practices applicable to its executive officers, as may be increased established from time to time, the “Annual Base Salary”). The Annual Base Salary shall be subject to withholdings and deductions and paid to Executive in accordance with the customary payroll practices and procedures rate of the Company. Such Annual Base Salary shall be reviewed at least annually by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee CSR America, after consideration of the Boardrecommendations of the Chief Executive Officer, and may be increased, but not less than annuallydecreased, on the basis of such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $325,000 295,000 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 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.