Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During calendar year 2005 the Company shall pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The 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.

Annual Base Salary. During calendar year 2005 the Term of this Agreement, the Company shall will pay to the Executive an annual base salary at the rate of not less than $150,000 per year265,000, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and which annual base salary may increase the Base Salary. The Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect modified from time to time for by the payment of salaries to officers of Board (or the Compensation Committee thereof) in its sole discretion, payable at the times and in the manner consistent with the Company's general policies regarding compensation of executive employees. The Board may from time to time authorize such additional compensation to the Executive, in cash or in property, as the Board may determine in its sole discretion to be appropriate.

Annual Base Salary. During calendar year 2005 In consideration of the Services to be rendered under this Agreement, the Company shall pay to the Executive an annual base salary at the rate of Two Hundred Fifty Thousand Dollars ($150,000 250,000.00) per year, less all applicable deductions withholdings (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary). The Base Salary shall be payable in equal installments paid in accordance with the practice of the Company in effect Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time for in accordance with the payment of salaries to officers established procedures of the CompanyCompany for adjusting salaries for similarly situated employees and may be increased in the sole discretion of the Board.

Annual Base Salary. During calendar year 2005 For all services rendered by Executive under this Agreement, the Company shall pay Executive during the term of this Agreement a base salary, payable in equal periodic installments in accordance with the Company’s regular payroll practices, as such may be amended from time to the Executive time, at an annual rate of not less than $250,000. The amount of such base salary shall be reviewed at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered least once each fiscal year by the Chief Executive to the Company. At least annually Officer and the Compensation Committee of the Company’s Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The 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 CompanyDirectors.

Annual Base Salary. During calendar year 2005 For all of the Company shall pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services service rendered by the Executive to the Company. At least annually , the Compensation Committee Company shall pay the Executive an annual base salary of the Board One Hundred Eighty Thousand Dollars ($180,000) (less all applicable deductions) (the “CommitteeAnnual Base Salary”) shall review the ). The Executive’s performance and compensation and may increase the Base Salary. The 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. The Executive’s performance shall be reviewed at least annually.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive during the Term of this Agreement an annual base salary at the rate of ________ ($150,000 per year, ______) (less all applicable deductions deductions) (the “"Annual Base Salary”) for all services rendered by the Executive to the Company"), which amount shall be effective as of April 1, 2011. At least annually the Compensation Committee of the Board (the “Committee”) shall review the The Executive’s performance and compensation and may increase the Base Salary. The Annual Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect Company’s regular payroll practices. The Annual Base Salary may be increased from time to time for by the payment of salaries to officers of the CompanyBoard.

Annual Base Salary. During calendar year 2005 For all of the Company shall pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services service rendered by the Executive to the Company. At least annually , the Compensation Committee Company shall pay the Executive an annual base salary of the Board $125,000 (less all applicable deductions) (the “CommitteeAnnual Base Salary”) shall review the ). The Executive’s performance and compensation and may increase the Base Salary. The 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. The Executive’s performance shall be reviewed at least annually.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The Base Salary shall be payable in equal installments in accordance with the practice Company's usual pay practices (and in any event no less frequently than monthly) of the Company in effect (i) cash payments of One Hundred Thirty Thousand and No/100 Dollars ($130,000.00) per annum and (ii) such increases (but not decreases) from time to time for (based upon the payment of salaries to officers performance of the Company and the Executive) as determined by the Board or the Company's Executive Compensation Committee.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the annual rate of no less than THREE HUNDRED THOUSAND DOLLARS ($150,000 per year, less all applicable deductions 300,000.00) (the “Base Salary”) for all services rendered by unless and until Executive and the Executive Company agree to a different amount, in which event the Company. At least annually the Compensation Committee of the Board (the “Committee”) new agreed amount shall review the Executive’s performance and compensation and may increase be the Base SalarySalary from the effective date of that agreed adjustment. The Base Salary shall will be payable in equal installments in accordance with reviewed annually to determine any appropriate upward adjustments at the practice discretion of the Company in effect from time to time for the payment Board of salaries to officers of the CompanyDirectors.

Annual Base Salary. During calendar year 2005 the Company shall pay to the Executive an annual base salary at the rate of $150,000 190,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The 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.

Annual Base Salary. During calendar year 2005 the Term of this Agreement, the Company shall will pay to the Executive an annual base salary at the rate of not less than $150,000 per year200,000, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and which annual base salary may increase the Base Salary. The Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect modified from time to time for by the payment of salaries to officers of Board (or the Compensation Committee thereof) in its sole discretion, payable at the times and in the manner consistent with the Company's general policies regarding compensation of executive employees. The Board may from time to time authorize such additional compensation to the Executive, in cash or in property, as the Board may determine in its sole discretion to be appropriate.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the rate of Two Hundred Thousand Dollars ($150,000 per year, less all applicable deductions 200,000) (the “Base Salary”) for all services rendered by the Executive to the Companyon an annualized basis. At least annually the Compensation Committee of the Board (the “Committee”) The Company shall review the Executive’s performance and compensation and may increase Base Salary approximately annually during the Term to determine, at the discretion of the Company, whether the Base SalarySalary 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 payable in equal installments in accordance paid to Executive consistent with the practice of the Company in effect from time to time for the payment of salaries to officers customary payroll practices of the Company.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual base salary (the "Base Salary") at the a rate of not less than Two Hundred Fifty Thousand Dollars ($150,000 per year250,000.00), less all applicable deductions (the “Base Salary”) for all services rendered by the Executive taxes, such salary to be paid in conformity with the Company's payroll policies relating to its senior executive officers. At least annually During the Compensation Committee of the Board (the “Committee”) shall review Term, the Executive’s performance and compensation and may increase the Base Salary. The 's Base Salary shall be payable in equal installments in accordance with increased, if necessary, so that the practice Base Salary is not less than the highest paid employee(s) of the Company in effect from time to time for the payment of salaries to officers or any of the Company's controlled entities.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the annual rate of no less than TWO HUNDRED SEVENTY-FIVE THOUSAND Dollars and 00/100 ($150,000 per year, less all applicable deductions 275,000.00) (the “Base Salary”) for all services rendered by unless and until Executive and the Executive Company agree to a different amount, in which event the Company. At least annually the Compensation Committee of the Board (the “Committee”) new agreed amount shall review the Executive’s performance and compensation and may increase be the Base SalarySalary from the effective date of that agreed adjustment. The Base Salary shall will be payable in equal installments in accordance with reviewed annually to determine any appropriate upward adjustments at the practice discretion of the Company in effect from time to time for the payment Board of salaries to officers of the CompanyDirectors.

Annual Base Salary. During calendar year 2005 In consideration of the Services to be rendered under this Agreement, the Company shall pay to the Executive an annual base salary at the rate of Two Hundred and Sixty-Five Thousand Dollars ($150,000 265,000.00) per year, less all applicable deductions withholdings (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary). The Base Salary shall be payable in equal installments paid in accordance with the practice of the Company in effect Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time for in accordance with the payment of salaries to officers established procedures of the CompanyCompany for adjusting salaries for similarly situated employees and may be increased in the sole discretion of the Board.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the annual rate of no less than FOUR HUNDRED THOUSAND Dollars and 00/100 ($150,000 per year, less all applicable deductions 400,000) (the “Base Salary”) for all services rendered by unless and until Executive and the Executive Company agree to a different amount, in which event the Company. At least annually the Compensation Committee of the Board (the “Committee”) new agreed amount shall review the Executive’s performance and compensation and may increase be the Base SalarySalary from the effective date of that agreed adjustment. The Base Salary shall will be payable in equal installments in accordance with reviewed annually to determine any appropriate upward adjustments at the practice discretion of the Company in effect from time to time for the payment Board of salaries to officers of the CompanyDirectors.

Annual Base Salary. During calendar year 2005 For all of the employment rendered by Executive to the Company shall and its subsidiaries, the Company will pay to the Executive an annual base salary at the rate of not less than $150,000 per year, less all applicable deductions 500,000 (the “Annual Base Salary”) for all services rendered by the Executive to the Company). At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The Annual Base Salary shall will be payable in equal installments in accordance with the practice of the Company and its subsidiaries in effect from time to time for the payment of salaries to officers of the CompanyCompany and its subsidiaries, but in no event less than bi-monthly, and may be increased during the Term. Any increase in the amount will henceforth be the Annual Base Salary.

Annual Base Salary. During calendar year 2005 the Company shall pay to the Executive an annual base salary at the rate of $150,000 225,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary. The 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.

Annual Base Salary. During calendar year 2005 the The Company shall will pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services rendered in an amount established by the Executive to the Company. At least annually the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) shall review the Executive’s performance and compensation and may increase ), provided, however, that in no event will the Base SalarySalary be less than $325,000. The Company will pay the Base Salary to the Executive in equal installments throughout the year, consistent with the Company’s normal payroll practices. The Base Salary shall will be payable in equal installments in accordance with the practice prorated for any year of the Company in effect from time to time for the payment of salaries to officers of the CompanyTerm that is less than a full calendar year.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the rate of Two Hundred Ninety-Two Thousand Dollars ($150,000 per year, less all applicable deductions 292,000.00) (the “Base Salary”) for all services rendered by the Executive to the Companyon an annualized basis. At least annually the Compensation Committee of the Board (the “Committee”) The Company shall review the Executive’s performance and compensation and may increase Base Salary approximately annually during the Term to determine, at the discretion of the Company, whether the Base SalarySalary 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 payable in equal installments in accordance paid to Executive consistent with the practice of the Company in effect from time to time for the payment of salaries to officers customary payroll practices of the Company.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive ------------------ an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “"Base Salary”") for all services rendered by at a rate not less than $265,000, such ----------- salary to be paid in conformity with the Executive to payroll policies of the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary, relating to its senior officers. The Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect may, from time to time for time, be increased by the payment Board of salaries to Directors of the Company, consistent in timing and consideration with other senior officers of the Company.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive during the Term of this Agreement an annual base salary at the rate of Seventy Thousand ($150,000 per year, 70,000) Dollars (less all applicable deductions deductions) (the “"Annual Base Salary”) for all services rendered by the Executive to the Company"), which amount shall be effective as of April 1, 2011. At least annually the Compensation Committee of the Board (the “Committee”) shall review the The Executive’s performance and compensation and may increase the Base Salary. The Annual Base Salary shall be payable in equal installments in accordance with the practice of the Company in effect Company’s regular payroll practices. The Annual Base Salary may be increased from time to time for by the payment of salaries to officers of the CompanyBoard.

Annual Base Salary. During calendar year 2005 Effective as of the CEO Effective Date, during the Term, the Company shall pay to the Executive an annual base salary at the rate Annual Base Salary of $150,000 per year, less all applicable deductions (the “Base Salary”) 460,000 as compensation for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation services. The Annual Base Salary amount shall be subject to review and may increase be adjusted based upon the Base SalaryCompany’s normal performance review practices. The Annual Base Salary shall will be payable in equal installments paid periodically in accordance with the practice of Company’s normal payroll practices and be subject to the Company in effect from time to time for the payment of salaries to officers of the Companyusual, required withholdings.

Annual Base Salary. During calendar year 2005 For all of the Company shall pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services service rendered by the Executive to the Company. At least annually , the Compensation Committee Company shall pay the Executive an annual base salary of the Board $250,000 (less all applicable deductions) (the “CommitteeAnnual Base Salary”) shall review the ). The Executive’s performance and compensation and may increase the Base Salary. The 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. The Executive’s performance shall be reviewed at least annually.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual base salary at the rate of $150,000 275,000 per year, less all applicable deductions year (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary). The Base Salary shall be payable in equal installments paid in accordance with the practice of Company's regularly established payroll practice. During the Company in effect Employment Period, Executive's Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated executives and may be adjusted in the payment of salaries to officers sole discretion of the Company; provided, however, that the Base Salary shall not be reduced below the minimum amount set forth above without the mutual agreement of Executive and the Company.

Annual Base Salary. During calendar year 2005 In consideration of the Services to be rendered under this Agreement, the Company shall pay to the Executive an annual base salary at the rate of Two Hundred Twenty-Five Thousand Dollars ($150,000 225,000.00) per year, less all applicable deductions withholdings (the “Base Salary”) for all services rendered by the Executive to the Company. At least annually the Compensation Committee of the Board (the “Committee”) shall review the Executive’s performance and compensation and may increase the Base Salary). The Base Salary shall be payable in equal installments paid in accordance with the practice of the Company in effect Company’s normal payroll practices. Executive’s Base Salary will be reviewed from time to time for in accordance with the payment of salaries to officers established procedures of the CompanyCompany for adjusting salaries for similarly situated employees and may be increased in the sole discretion of the Board.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the annual rate of no less than FIVE HUNDRED TWENTY-FIVE THOUSAND Dollars and 00/100 ($150,000 per year, less all applicable deductions 525,000.00) (the “Base Salary”) for all services rendered by unless and until Executive and the Executive Company agree to a different amount, in which event the Company. At least annually the Compensation Committee of the Board (the “Committee”) new agreed amount shall review the Executive’s performance and compensation and may increase be the Base SalarySalary from the effective date of that agreed adjustment. The Base Salary shall will be payable in equal installments in accordance with reviewed annually to determine any appropriate upward adjustments at the practice discretion of the Company in effect from time to time for the payment Board of salaries to officers of the CompanyDirectors.

Annual Base Salary. During calendar year 2005 the The Company shall pay to the Executive an annual a base salary at the rate of Two Hundred Fifty Thousand Dollars ($150,000 per year, less all applicable deductions 250,000.00) (the “Base Salary”) for all services rendered by the Executive to the Companyon an annualized basis. At least annually the Compensation Committee of the Board (the “Committee”) The Company shall review the Executive’s performance and compensation and may increase Base Salary approximately annually during the Term to determine, at the discretion of the Company, whether the Base SalarySalary 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 payable in equal installments in accordance paid to Executive consistent with the practice of the Company in effect from time to time for the payment of salaries to officers customary payroll practices of the Company.

Annual Base Salary. During calendar year 2005 For all of the Company shall pay to the Executive an annual base salary at the rate of $150,000 per year, less all applicable deductions (the “Base Salary”) for all services service rendered by the Executive to the Company. At least annually , the Compensation Committee Company shall pay the Executive an annual base salary of the Board Three Hundred Fifty Thousand Dollars ($350,000.00) (less all applicable deductions) (the “CommitteeAnnual Base Salary”) shall review the ). The Executive’s performance and compensation and may increase the Base Salary. The 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.. The Executive’s performance shall be reviewed at least annually. ​