Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. Executive’s annual base salary shall be $425,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be paid at the rate of $425,000 per year (“Annual Base Salary”), payable in equal installments, less applicable payroll deductions and withholdings, in accordance with on the Company’s standard ordinary payroll practicescycle. Executive’s Annual Base Salary shall be subject to annual review by the Company’s compensation committee Board and may be increased or decreased adjusted from time to time. As an exempt salaried employee, but shall Executive will be required to work the Company’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will not be reduced unless, and only entitled to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedovertime compensation.

Annual Base Salary. Executive’s annual base salary shall be $425,000 552,636.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 430,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s Board or compensation committee and may be increased or decreased adjusted, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 400,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased from time to time at the discretion of the Board or any committee of the Board duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reduced.otherwise permissible under such practices or policies. 

Annual Base Salary. Executive’s annual base salary shall be $425,000 600,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. The Executive’s annual base salary Annual Base Salary shall equal $300,000. The Annual Base Salary amount shall be $425,000 per year (“subject to review and may be adjusted based upon the Company’s normal performance review practices. The Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, Salary will be paid periodically in accordance with the Company’s standard normal payroll practices. Executive’s Annual Base Salary shall practices and be subject to review by the Company’s compensation committee and may be increased or decreased from time to timeusual, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedrequired withholdings.

Annual Base Salary. Executive’s annual base salary shall be $425,000 501,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Upon the IPO, the Annual Base Salary shall be increased to $531,000. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased increased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 275,830 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased decreased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 355,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased from time to time at the discretion of the Board or any committee of the Board duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reduced.otherwise permissible under such practices or policies. 

Annual Base Salary. While employed hereunder, Executive’s annual base salary shall be $425,000 per year 775,000 (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, installments in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review at least annually by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unlessCompensation Committee of the Board (the “Compensation Committee”), and only to changes shall be made, if at all, in the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedBoard’s sole discretion.

Annual Base Salary. Executive’s annual base salary shall be $425,000 440,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary at the beginning of the Term of Employment shall be $425,000 per year (“Annual Base Salary”)390,000, payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard normal payroll practicespractices for its executive officers (“Base Salary”). Executive’s Annual The Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to time at the extent that, the base salaries of all other similarly situated executives discretion of the Company are proportionately reducedCompensation Committee of the Board.

Annual Base Salary. Executive’s annual base salary shall be $425,000 436,525.00 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 389,000 per year (“Annual Base Salary”)) as of the Effective Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 353,800 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 355,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s Board or compensation committee and may be increased or decreased adjusted, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be one hundred sixty thousand dollars ($425,000 160,000) per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 325,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 350,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 312,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s Board or compensation committee and may be increased or decreased adjusted, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 371,500.00 per year (“Annual Base Salary”)) as of the Effective Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 342,425.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 353,500 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. While employed hereunder, Executive’s annual base salary shall be $425,000 per year 875,000 (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, installments in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review at least annually by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives Compensation Committee of the Company are proportionately reducedBoard.

Annual Base Salary. Executive’s annual base salary shall be $425,000 335,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 495,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 750,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 600,547 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased increased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 303,055 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 563,500.00 per year (“Annual Base Salary”)) as of the Effective Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be one hundred seventy-five thousand dollars ($425,000 175,000) per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary at the beginning of the Term of Employment shall be $425,000 per year (“Annual Base Salary”)341,285, payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard normal payroll practicespractices for its executive officers (“Base Salary”). Executive’s Annual The Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to time at the extent that, the base salaries of all other similarly situated executives discretion of the Company are proportionately reducedCompensation Committee of the Board.

Annual Base Salary. Executive’s annual base salary shall be $425,000 20,000.00 per year month (“Annual Base Salary”), . The Annual Base Salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 437,100 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased increased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s base salary shall be $350,000 per year, which amount may be reviewed and adjusted from time to time at the discretion of the Board or the Compensation Committee. Executive’s annual base salary shall be $425,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reducedotherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 725,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be one hundred seventy-five thousand dollars ($425,000 190,000) per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 445,500.00 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 826,000.00 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. The Executive’s annual base salary Annual Base Salary shall equal $400,000.00. The Annual Base Salary amount shall be $425,000 per year (“subject to review and may be adjusted based upon the Company’s normal performance review practices. The Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, Salary will be paid periodically in accordance with the Company’s standard normal payroll practices. Executive’s Annual Base Salary shall practices and be subject to review by the Company’s compensation committee and may be increased or decreased from time to timeusual, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedrequired withholdings.

Annual Base Salary. Executive’s annual base salary shall be $425,000 360,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 326,250 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 390,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s Board or compensation committee and may be increased or decreased adjusted, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 530,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be paid at the rate of $425,000 500,000 per year (“Annual Base Salary”), payable in equal installments, less applicable payroll deductions and withholdings, in accordance with on the Company’s standard ordinary payroll practicescycle. Executive’s Annual Base Salary shall be subject to annual review by the Company’s compensation committee Board and may be increased or decreased adjusted from time to time. As an exempt salaried employee, but shall Executive will be required to work the Company’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will not be reduced unless, and only entitled to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedovertime compensation.

Annual Base Salary. Executive’s annual base salary shall be $425,000 320,725 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 576,800 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased increased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 207,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 525,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 355,000.00 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 359,800 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s base salary shall be $415,000 per year, which amount may be reviewed and adjusted from time to time at the discretion of the Board or the 4 Compensation Committee. Executive’s annual base salary shall be $425,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reducedotherwise permissible under such practices or policies.

Annual Base Salary. The Executive’s annual base salary Annual Base Salary shall equal $400,000. The Annual Base Salary amount shall be $425,000 per year (“subject to review and may be adjusted based upon the Company’ s normal performance review practices. The Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, Salary will be paid periodically in accordance with the Company’s standard normal payroll practices. Executive’s Annual Base Salary shall practices and be subject to review by the Company’s compensation committee and may be increased or decreased from time to timeusual, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedrequired withholdings.

Annual Base Salary. Executive’s annual base salary shall be $425,000 285,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased from time to time at the discretion of the Board or any committee of the Board duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reducedotherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be one hundred eighty-five thousand dollars ($425,000 185,000) per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 444,599 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 381,100 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be two hundred fifty thousand dollars ($425,000 250,000) per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 312,900 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee Compensation Committee and may be increased or decreased decreased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 261,104 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 389,000 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 450,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. While employed hereunder, Executive’s annual base salary shall be $425,000 per year 525,000 (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, installments in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review at least annually by the Company’s compensation committee CEO and may be increased or decreased from time to time, but shall not be reduced unlessCompensation Committee of the Board (the “Compensation Committee”), and only to changes shall be made, if at all, in the extent that, CEO’s and the base salaries of all other similarly situated executives of the Company are proportionately reducedCompensation Committee’s sole discretion.

Annual Base Salary. Executive’s annual base salary shall be $425,000 375,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be paid at the rate of $425,000 455,000 per year (“Annual Base Salary”), payable in equal installments, less applicable payroll deductions and withholdings, in accordance with on the Company’s standard ordinary payroll practicescycle. Executive’s Annual Base Salary shall be subject to annual review by the Company’s compensation committee Board and may be increased or decreased adjusted from time to time. As an exempt salaried employee, but shall Executive will be required to work the Company’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will not be reduced unless, and only entitled to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedovertime compensation.

Annual Base Salary. Executive’s annual base salary shall be $425,000 525,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased from time to time at the discretion of the Board or any committee of the Board duly authorized to take such action. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reducedotherwise permissible under such practices or policies.

Annual Base Salary. The Executive shall be paid an annual base salary for the Executive’s annual 's actual period of employment at a rate computed on the basis of Three Hundred Four Thousand Two Hundred Dollars ($304,200) per year commencing from and after the Effective Date. The Executive's base salary shall be $425,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, paid in accordance with the Company’s standard 's normal payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased policies as from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedtime in effect.

Annual Base Salary. Executive’s annual base salary shall be $425,000 450,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Upon the IPO, the Annual Base Salary shall be increased to $475,000. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased increased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual 's base salary shall be $425,000 297,000 per year (“Annual Base Salary”)year, which amount may be reviewed and increased at the discretion of the Board of Directors of the Company or any committee of the Board of Directors of the Company duly authorized to take such action. Executive's base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s 's standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 325,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 400,000.00 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 365,000 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s Board or compensation committee and may be increased or decreased adjusted, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 400,000 per year (“Annual Base Salary”), . Executive’s Annual Base Salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee Compensation Committee and may be increased or decreased decreased, from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 450,000 per year (“Annual Base Salary”)year, which amount may be reviewed and adjusted from time to time at the discretion of the Board or the Compensation Committee. Executive’s base salary shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies for executives and shall be subject to review such withholdings as are required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company as are proportionately reducedotherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 240,000 per year (“Annual Base Salary”)year, payable in equal installments, no less applicable deductions and withholdings, than bi-weekly. Executive shall be eligible for annual merit-based increases to his base salary in accordance with the Rockland Trust Company’s standard payroll customary practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 567,833.49 per year (“Annual Base Salary”), which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.

Annual Base Salary. Executive’s annual base salary shall be $425,000 390,719 per year (“Annual Base Salary”), payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary shall be subject to review by the Company’s compensation committee and may be increased or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reduced.

Annual Base Salary. Executive’s annual base salary shall be $425,000 377,088.39 per year (“Annual Base Salary”)) beginning on the Commencement Date, which amount may be periodically reviewed at the discretion of the Compensation Committee. The Annual Base Salary and any payments to the Executive during any Continuation Period shall be payable in equal installments, less applicable deductions and withholdings, in accordance with the Company’s standard payroll practices. Executive’s Annual Base Salary practices and policies (unless otherwise expressly provided herein) and shall be subject to review such withholdings as required by the Company’s compensation committee and may be increased law or decreased from time to time, but shall not be reduced unless, and only to the extent that, the base salaries of all other similarly situated executives of the Company are proportionately reducedas otherwise permissible under such practices or policies.