Common use of Annualized Base Salary Clause in Contracts

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) (gross) for the Initial Period. The Company may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s compensation review process and subject to approval by the CEO, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) 175,000 (gross) for the Initial Period. The Company Board may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s executive compensation review process and subject to approval by the CEOCompany’s Compensation and Talent Committee, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Three Hundred and Fifty Fifteen Thousand U.S. Dollars, ($250,000.00315,000.00) (gross) for the Initial Period. The Company may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s compensation review process and subject to approval by the CEO, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) 215,000 (gross) for the Initial Period. The Company Board may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s executive compensation review process and subject to approval by the CEOCompany’s Compensation and Talent Committee, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) 400,000 (gross) for through the Initial Periodfirst anniversary of the Effective Date. The Company Board may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s executive compensation review process and subject to approval by the CEOCompany’s Compensation Committee, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) 200,000 (gross) for through the Initial Periodfirst anniversary of the Effective Date. The Company Board may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s executive compensation review process and subject to approval by the CEOCompany’s Compensation Committee, subject to adjustment only as provided in this Section 5.1.

Annualized Base Salary. Executive shall receive an annualized base salary payable in accordance with the Company’s normal payroll practices of Two Hundred and Fifty Thousand U.S. Dollars, ($250,000.00) 211,750 (gross) for the Initial Period. The Company Board may, in its sole discretion, increase the Base Salary at any time and may not decrease the Base Salary without Executive’s written consent. Executive Base Salaries are increased in accordance with the Company’s executive compensation review process and subject to approval by the CEOCompany’s Compensation and Talent Committee, subject to adjustment only as provided in this Section 5.1.