Common use of Annual Salary Adjustment Clause in Contracts

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-hundred and eighty-two thousand Dollars ($182,000) payable in equal weekly installments. (b) Commencing with January, 1999, and each January thereafter during the term of this Agreement, the annual salary in effect on December 31 of the immediately preceding year shall be adjusted for any change in the Consumer Price Index from the then last preceding January through the then last preceding December. As used in this Agreement, "Consumer Price Index" shall mean the United States Department of Labor's Bureau of Labor Statistics' Consumer Price Index, All Urban Consumers, All Items, Sacramento Metropolitan Area, California (1967=100), or the successor of such index. If such index is discontinued or revised, the index designated the successor or substitute index by the government of the United States shall be substituted. If such index is changed so that a year other than 1967 shall equal 100, then such index shall be converted in accordance with the conversion fact published by the United States Bureau of Labor Statistics.

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-hundred and eighty-two thirty thousand Dollars ($182,000130,000) payable in equal weekly installments. (b) Commencing with January, 1999, and each January thereafter during the term of this Agreement, the annual salary in effect on December 31 of the immediately preceding year shall be adjusted for any change in the Consumer Price Index from the then last preceding January through the then last preceding December. As used in this Agreement, "Consumer Price Index" shall mean the United States Department of Labor's Bureau of Labor Statistics' Consumer Price Index, All Urban Consumers, All Items, Sacramento Metropolitan Area, California (1967=100), or the successor of such index. If such index is discontinued or revised, the index designated the successor or substitute index by the government of the United States shall be substituted. If such index is changed so that a year other than 1967 shall equal 100, then such index shall be converted in accordance with the conversion fact published by the United States Bureau of Labor Statistics.

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of oneFifty-hundred and eighty-two five thousand Dollars dollars ($182,00055,000.00) dollars payable in equal weekly installments. (b) Commencing with January, 1999, and each January thereafter during the term of this Agreement, the annual salary in effect on December 31 of the immediately preceding year shall be adjusted for any change in the Consumer Price Index from the then last preceding January through the then last preceding December. As used in this Agreement, "Consumer Price Index" shall mean the United States Department of Labor's Bureau of Labor Statistics' Consumer Price Index, All Urban Consumers, All Items, Sacramento Metropolitan Area, California (1967=100), or the successor of such index. If such index is discontinued or revised, the index designated as the successor or substitute index by the government of the United States shall be substituted. If such index is changed so that a year other than 1967 shall equal 100, then such index shall be converted in accordance with the conversion fact published by the United States Bureau of Labor Statistics.

Annual Salary Adjustment. (a) For all services rendered under this Agreement, subject to any adjustment as provided in this Section 3.01, the Company shall pay an annual salary of one-two hundred and eighty-two forty thousand Dollars dollars ($182,000240,000.00) payable in equal weekly installments. (b) Commencing with January, 19992003, and each January thereafter during the term of this Agreement, the annual salary in effect on December 31 of the immediately preceding year shall be adjusted for any change in the Consumer Price Index from the then last preceding January through the then last preceding December. As used in this Agreement, "Consumer Price Index" shall mean the United States Department of Labor's Bureau of Labor Statistics' Consumer Price Index, All Urban Consumers, All Items, Sacramento Metropolitan Area, California San Francisco - Oakland - San Jose (1967=1001982-1984 = 100), or the successor suxxxxsor of such index. If such index is discontinued or revised, the index designated as the successor or substitute index by the government of the United States shall be substituted. If such index is changed so that a year other than 1967 shall equal 100, then such index shall be converted in accordance with the conversion fact factors published by the United States Bureau of Labor Statistics.