Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.
Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $185,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Base Compensation. In consideration of Executive’s full and faithful satisfaction of Executive’s duties under this Agreement, the Company agrees to pay to Executive a base salary in the amount of three hundred fifty thousand dollars ($350,000) per annum (the “Base Compensation”), payable in such installments as the Company pays its similarly placed employees (but not less frequently than each calendar month), subject to customary employee contributions to any health, welfare and/or retirement programs in which Executive is enrolled. The Base Compensation may be increased from time to time at the Company’s sole discretion.
Base Compensation. The Company shall pay Employee as compensation for Employee’s services hereunder an annual base salary of $210,000. Such salary shall be subject to applicable tax withholding and shall be paid periodically in accordance with normal Company payroll practices. The base salary shall be subject to annual review by the CEO and the Compensation Committee of the Board but in no event shall be less than $210,000.
Base Compensation. The Company agrees to pay the Executive during the term of this Agreement a salary at the rate of $ 276,000 per annum, payable in cash not less frequently than monthly. Additionally, the Board shall review, not less often than annually, the rate of the Executive’s salary and may decide to further increase his salary.
Base Compensation. The Company shall pay to Executive a base salary (the "Base Salary") of $300,000 per annum, payable in regular installments in accordance with the Company's usual payment practices. The Base Salary shall be reviewed by the Board of Director's Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.
Base Compensation. The Executive shall be paid an aggregate base salary (the "Base Salary") at the rate of $125,000 per annum, less statutory deductions and withholdings. The Base Salary shall be payable in a manner consistent with the normal payroll practices of the Company as in effect from time to time. The Base Salary shall be reviewed annually by the Compensation Committee of the Board (the "Committee").
Base Compensation. “Base Compensation” shall mean Executive’s monthly base salary for services performed based on the average base salary for the six (6) months prior to the Termination Date.
Base Compensation a. The Company agrees to pay the Executive an annual base salary of $113,148 payable in accordance with the customary payroll practices of the Bank.
