Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. With respect to the Employment Period, the Company shall pay to the Executive an annual base salary at the rate of $400,000 per annum in accordance with the Company's regular payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to the Company's senior executives generally.

Appears in 3 contracts

Samples: Employment Agreement (True North Communications Inc), Employment Agreement (True North Communications Inc), Employment Agreement (True North Communications Inc)

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Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 350,000 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practicespractices of the Company and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Appears in 3 contracts

Samples: Employment Agreement (Sight Sciences, Inc.), Employment Agreement (Sight Sciences, Inc.), Employment Agreement (Sight Sciences, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of Two Hundred Twenty Thousand Dollars ($400,000 220,000) per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard of Directors of the Company (the “Board”).

Appears in 3 contracts

Samples: Employment Agreement (YogaWorks, Inc.), Employment Agreement (YogaWorks, Inc.), Employment Agreement (YogaWorks, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Seventy-One Thousand, Five Hundred Dollars ($271,500) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 2 contracts

Samples: Employment Agreement (Integra Bank Corp), Employment Agreement (Integra Bank Corp)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable to (and may be adjusted) at least annually by the Company's senior executives generallyBoard or an authorized committee of the Board.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Allison Transmission Holdings Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practicespractices of the Company and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Appears in 2 contracts

Samples: Employment Agreement (Lyra Therapeutics, Inc.), Employment Agreement (SQZ Biotechnologies Co)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 per annum (the “Annual Base Salary”), subject to review by the Board (or the applicable committee thereof) in its sole discretion. The Annual Base Salary shall paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 2 contracts

Samples: Employment Agreement (McBc Holdings, Inc.), Employment Agreement (McBc Holdings, Inc.)

Annual Base Salary. With respect For all of the service rendered by the Executive to the Employment PeriodCompany, the Company shall pay to the Executive an annual base salary at of One Hundred Eighty Thousand Dollars ($180,000) (less all applicable deductions) (the rate of $400,000 per annum “Annual Base Salary”). The Executive’s Annual Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect from time to time for the payment of salaries to officers of the Company's regular payroll practices. The annual base salary Executive’s performance shall be reviewed periodically in accordance with guidelines applicable to the Company's senior executives generallyat least annually.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (AdaptHealth Corp.), Employment and Non Competition Agreement (MergeWorthRx Corp.)

Annual Base Salary. With respect to As of the Employment Perioddate of this Agreement, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of three hundred eighty-five thousand dollars ($400,000 385,000) per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices and procedures of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable by the Board from time to the Company's senior executives generallytime but no less frequently than annually.

Appears in 2 contracts

Samples: Employment Agreement (Frontier Group Holdings, Inc.), Employment Agreement (Frontier Group Holdings, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 270,920.00 per annum (the “Annual Base Salary”), which shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally, subject to adjustment as determined by the Board of Directors of the Company or its committee (“the Board”).

Appears in 2 contracts

Samples: Employment Agreement (Vought Aircraft Industries Inc), Employment Agreement (Vought Aircraft Industries Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 385,000 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practicespractices of the Company and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed periodically (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in accordance with guidelines applicable either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the Company's senior executives generally“Annual Base Salary”).

Appears in 2 contracts

Samples: Employment Agreement (Omega Therapeutics, Inc.), Employment Agreement (Seres Therapeutics, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of two hundred thousand dollars ($400,000 200,000) per annum annum, which shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generallyCompany (the “Annual Base Salary”).

Appears in 2 contracts

Samples: Employment Agreement (Sun Country Airlines Holdings, Inc.), Employment Agreement (Sun Country Airlines Holdings, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 464,100 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practicespractices of the Company and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Seres Therapeutics, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Twelve Thousand Dollars ($212,000) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (Integra Bank Corp)

Annual Base Salary. With respect Until terminated pursuant to the Employment PeriodSection 2, the Company Executive shall pay to the Executive be paid an annual base salary at the rate of $400,000 per annum in accordance with 225,000 during the Company's regular payroll practicesterm of this Agreement (the "Annual Base Salary"). The annual base salary Annual Base Salary shall be reviewed periodically in accordance with guidelines payable at such regular times and intervals as the Company customarily pays its executives from time to time, subject to applicable to the Company's senior executives generallytax withholdings.

Appears in 1 contract

Samples: Executive Employment Agreement (Parlux Fragrances Inc)

Annual Base Salary. With respect to the Employment Period, the Company The Executive shall pay to the Executive receive an annual base salary at the rate of $400,000 per annum in accordance with the Company's regular payroll practices200,000. The annual base This salary shall be reviewed periodically no less than annually by the Compensation Committee of the Board; and the Board in accordance with guidelines applicable to its sole discretion, may increase the Company's senior executives generallyAnnual Base Salary for part or all of the remaining term.

Appears in 1 contract

Samples: Employment Agreement (Utix Group Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company shall pay to the Executive an annual base salary in installments, not less often than monthly, at the an annual rate of not less than $400,000 per annum in accordance with the Company's regular payroll practices240,000 (“Annual Base Salary”). The annual base salary Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable by the Board or the Compensation Committee of the Board (the “Committee”) at least annually for increase, and the Annual Base Salary, as and to the Company's senior executives generallyextent so adjusted, shall be the “Annual Base Salary” for all purposes of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Alico, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred and Forty Thousand Dollars ($240,000) (the "Base Salary") on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (Integra Bank Corp)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Thousand Dollars ($200,000.00) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (County Bancorp, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at in the rate amount of Three Hundred Thousand and No/100 Dollars ($400,000 300,000.00) per annum (the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally, subject to review by the Board (or the applicable committee thereof) in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (McBc Holdings, Inc.)

Annual Base Salary. With respect to Effective as of the Employment PeriodCEO Effective Date, during the Term, the Company shall pay to the Executive an annual base salary at the rate Annual Base Salary of $400,000 per annum 460,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. The Annual Base Salary will be paid periodically in accordance with the Company's regular ’s normal payroll practices. The annual base salary shall practices and be reviewed periodically in accordance with guidelines applicable subject to the Company's senior executives generallyusual, required withholdings.

Appears in 1 contract

Samples: Employment Agreement (Acutus Medical, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company shall pay to the Executive an annual a base salary at the a rate of that is no less than $400,000 250,000 per annum (the "Annual Base Salary"), payable in accordance with the Company's regular normal payroll practices. The annual base salary rate of the Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable by the Compensation Committee on or prior to each anniversary of the Company's senior executives generallyEmployment Date during the Term and may be increased, but not decreased, upon such review.

Appears in 1 contract

Samples: Employment Agreement (Dayton Superior Corp)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of Three Hundred Thousand Dollars ($400,000 300,000) per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard.

Appears in 1 contract

Samples: Employment Agreement (YogaWorks, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary (the “Annual Base Salary”) at the a rate of that is no less than $400,000 1,040,000 per annum in calendar year 2014, payable in accordance with the Company's regular ’s normal payroll practices. The annual base salary rate of the Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable by the Compensation Committee on or prior to each anniversary of the Company's senior executives generallyEffective Date during the Term and may be increased, but not decreased, upon such review.

Appears in 1 contract

Samples: Employment Agreement (TransDigm Group INC)

Annual Base Salary. With respect to the Employment Period, the Company The Executive shall pay to the Executive receive an annual base salary at the rate (“Annual Base Salary”) of Two Hundred Twenty Five Thousand Dollars ($400,000 per annum 225,000.00), payable in accordance with the Company's regular payroll practicespractices of the Company. The annual Annual Base Salary shall become the minimum base salary shall under this Agreement and may not be reviewed periodically in accordance with guidelines applicable to decreased thereafter without the Company's senior executives generallywritten consent of Executive.

Appears in 1 contract

Samples: Employment Agreement (Cereplast Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of not less than Two Hundred Fifty Thousand Dollars ($400,000 250,000) per annum annum, which shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generallyCompany (the “Annual Base Salary”).

Appears in 1 contract

Samples: Employment Agreement (Nauticus Robotics, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 218,212 per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically (and may be increased, but may not be decreased) from time to time by the Board of Directors of Parent or an authorized committee of such Board (in accordance with guidelines applicable either case, the “Board”), such Board review to the Company's senior executives generallyoccur at least once per calendar year.

Appears in 1 contract

Samples: Employment Agreement (Intapp, Inc.)

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Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Thousand Dollars ($200,000) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (Integra Bank Corp)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the an annual rate of Two Hundred Fifty Thousand and No/100 Dollars ($400,000 250,000.00) per annum (the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary practices of the Company and shall be reviewed periodically in accordance with guidelines applicable to the Company's senior executives generallyreduced by any mandatory federal or state withholdings.

Appears in 1 contract

Samples: Employment Agreement (MasterCraft Boat Holdings, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Fifty Thousand Dollars ($250,000.00) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (County Bancorp, Inc.)

Annual Base Salary. With respect to During the Employment Period, the Company Term Executive shall pay to the Executive an annual receive a base salary at the a rate of four hundred thousand dollars ($400,000 400,000) per annum in accordance with (the Company's regular payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to the Company's senior executives generally."Annual

Appears in 1 contract

Samples: Employment Agreement (Global Telesystems Group Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of five hundred twenty thousand dollars ($400,000 520,000) per annum annum, which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices, subject to annual review and possible increase (but not decrease) as determined by the Board in its sole discretion (the “Annual Base Salary”). The annual base salary Effective as of January 1, 2018, subject to the completion of ADT Inc.’s initial public offering, the Executive’s Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable increased to the Company's senior executives generallysix hundred and seventy-five thousand dollars ($675,000).

Appears in 1 contract

Samples: Employment Agreement (ADT, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 500,000.00 per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable (and may be increased but not decreased) from time to time by the Company's senior executives generallyParent’s Board of Directors (the “Board”) or the compensation committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (K12 Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of Two Hundred Seventy-Five Thousand Dollars ($400,000 275,000) per annum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices. The annual base salary Such Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable (and may be adjusted) from time to time by the Company's senior executives generallyBoard.

Appears in 1 contract

Samples: Employment Agreement (YogaWorks, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company shall pay to the Executive an annual base salary at the rate Annual Base Salary of $400,000 per annum 340,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. The Annual Base Salary will be paid periodically in accordance with the Company's regular ’s normal payroll practices. The annual base salary shall practices and be reviewed periodically in accordance with guidelines applicable subject to the Company's senior executives generallyusual, required withholdings.

Appears in 1 contract

Samples: Employment Agreement (Acutus Medical, Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of four hundred thirty thousand dollars ($400,000 430,000) per annum annum, which shall be paid in accordance with the customary payroll practices of the Company's regular payroll practices, subject to annual review and possible increase (but not decrease) as determined by the Board in its sole discretion (the “Annual Base Salary”). The annual base salary Effective as of January 1, 2018, subject to the completion of ADT Inc.’s initial public offering, the Executive’s Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable increased to the Company's senior executives generallyfour hundred forty-one thousand dollars ($441,000).

Appears in 1 contract

Samples: Employment Agreement (ADT, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Ninety-Two Thousand Dollars ($292,000.00) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (County Bancorp, Inc.)

Annual Base Salary. With respect to the Employment Period, the The Company shall pay to the Executive an annual a base salary of Two Hundred Eighty Thousand Dollars ($280,000.00) (the “Base Salary”) on an annualized basis. The Company shall review the Base Salary approximately annually during the Term to determine, at the rate discretion of $400,000 per annum in accordance the Company, whether the Base Salary should be increased and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The Base Salary shall be paid to Executive consistent with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally.

Appears in 1 contract

Samples: Employment Agreement (Integra Bank Corp)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 1,250,000 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practicespractices of the Company (the “Annual Base Salary”). The annual base salary Annual Base Salary shall be reviewed periodically subject to annual review for increase by the Board (or a committee thereof) in accordance with guidelines applicable to the Company's senior executives generallyits discretion.

Appears in 1 contract

Samples: Employment Agreement (Hexion Inc.)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary (the “Annual Base Salary”) at the a rate of that is no less than $400,000 740,000 per annum in calendar year 2011 (retroactive to January 1, 2011) and no less than $873,443 in calendar year 2012, payable in accordance with the Company's regular ’s normal payroll practices. The annual base salary rate of the Annual Base Salary shall be reviewed periodically in accordance with guidelines applicable by the Compensation Committee on or prior to each anniversary of the Company's senior executives generallyEffective Date during the Term and may be increased, but not decreased, upon such review.

Appears in 1 contract

Samples: Employment Agreement (TransDigm Group INC)

Annual Base Salary. With respect to the Employment PeriodAs compensation for his services hereunder, the Company shall pay to Executive, during the Executive Employment Period, an annual base salary at the rate of ("Annual Base Salary") equal to One Hundred Thirty-Five Thousand Dollars ("$400,000 per annum in accordance with the Company135,000.00). Executive's regular payroll practices. The annual base Annual Base salary shall be reviewed periodically payable every two weeks in accordance with guidelines applicable to the Company's senior executives generallytwenty-six (26) equal installments.

Appears in 1 contract

Samples: Executive Employment Agreement (Irata Inc)

Annual Base Salary. With respect to During the Employment Period, the Company shall pay to the Executive an annual base salary at the rate of $400,000 900,000 per annum in accordance with the Company's regular payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to the Company's senior executives generally.. (b)

Appears in 1 contract

Samples: Agreement (Interpublic Group of Companies Inc)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company Executive shall pay to the Executive an annual receive a base salary at the a rate of $400,000 200,000 per annum annum, which shall be paid in accordance with the Company's regular customary payroll practices. The annual base salary shall be reviewed periodically in accordance with guidelines applicable to practices of the Company's senior executives generally, subject to review by the Board in its sole discretion (the “Annual Base Salary”).

Appears in 1 contract

Samples: Employment Agreement (Summit Midstream Partners, LP)

Annual Base Salary. With respect to During the Employment PeriodTerm, the Company shall pay to the Executive an annual base salary at the rate Annual Base Salary of $400,000 per annum 380,000 as compensation for the Executive’s services. The Annual Base Salary amount shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. The Annual Base Salary will be paid periodically in accordance with the Company's regular ’s normal payroll practices. The annual base salary shall practices and be reviewed periodically in accordance with guidelines applicable subject to the Company's senior executives generallyusual, required withholdings.

Appears in 1 contract

Samples: Employment Agreement (Acutus Medical, Inc.)

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