Common use of Annual Salary Review Clause in Contracts

Annual Salary Review. In March of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set at an amount not less than $99,800 based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 68,760, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 35,640, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March of each Each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Compensation Committee of the Board of Directors of the EMPLOYER BANK and shall be set set, effective for the next year, at an a total amount of not less than $99,800 75,000, based upon the EMPLOYEE's ’S individual performance and the overall profitability and financial condition of the EMPLOYER EMPLOYERS (hereinafter referred to as the "“ANNUAL REVIEW"”). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYERCompensation Committee.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 80,016, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 51,204, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 60,780, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 81,216, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set at an amount not less than $99,800 _____________, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 50,004, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March January of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set set, effective January 1, at an amount not less than $99,800 112,308, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.

Annual Salary Review. In March of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set at an amount not less than $99,800 109,750 based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.