Common use of Base Compensation and Bonus Clause in Contracts

Base Compensation and Bonus. P.A.X. xxxll pay EMPLOYEE as base compensation for all services to be rendered by EMPLOYEE compensation of $337,000 Thousand Dollars for the period July 1, 1998 through June 30, 1999, $350,000 Thousand Dollars for the period July 1, 1999 through June 30, 2000, and $375,000 for the period July 1, 2000 through June 30, 2001. Each base compensation amount is respective and specific to the time period of which the EMPLOYEE'S service

Base Compensation and Bonus. P.A.X. xxxll X.X.X. shall pay EMPLOYEE as base --------------------------- compensation for all services to be rendered by EMPLOYEE compensation of $337,000 214,000 Thousand Dollars for the period July 1, 1998 1 Jan. 2002 through June 30, 199930 Jun. 2002, $350,000 224,000 Thousand Dollars for the period July 1, 1999 1 Jul. 2002 through June 30, 2000, 30 Jun. 2003 and $375,000 $ 234,000 for the period July 1, 2000 1 Jul. 2003 through June 30, 2001. Each base compensation amount is respective and specific to the time period of which the EMPLOYEE'S service30 Jun.

Base Compensation and Bonus. P.A.X. xxxll X.X.X. shall pay EMPLOYEE as base --------------------------- compensation for all services to be rendered by EMPLOYEE compensation of $337,000 175,000 Thousand Dollars for the period July 1, 1998 1 Jan. 2002 through June 30, 199931 Dec. 2002 , $350,000 185,000 Thousand Dollars for the period July 1, 1999 1 Jan. 2003 through June 30, 2000, 31 Dec. 2003 and $375,000 195,000 for the period July 1, 2000 1 Jan. 2004 through June 30, 2001. Each base compensation amount is respective and specific to the time period of which the EMPLOYEE'S service31 Dec.

Base Compensation and Bonus. P.A.X. xxxll X.X.X. shall pay EMPLOYEE as base --------------------------- compensation for all services to be rendered by EMPLOYEE compensation of $337,000 415,000 Thousand Dollars for the period July 1, 1998 1 Jul. 2002 through June 30, 199930 Jun. 2003, $350,000 430,000 Thousand Dollars for the period 1 July 1, 1999 2003 through June 30, 2000, 30 Jun. 2004 and $375,000 445,000 for the period July 1, 2000 1 Jul. 2004 through June 30, 200130 Jun. 2005. Each base compensation amount is respective and specific to the time period of which the EMPLOYEE'S service