Common use of Base Compensation and Bonus Clause in Contracts

Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 in cash (“Base Compensation”). Such amounts shall be payable in substantially equal semi-monthly installments. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

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Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during in the Term amount of this Agreement of not less than $825,000 in cash 700,000 (“Base Compensation”). Such amounts shall be payable in substantially equal semi-monthly installmentsperiodic installments in accordance with the Corporation’s customary payroll practices. Subject to the terms of While this Agreement, during the TermAgreement is in effect, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive and review the Executive’s Base Compensation at annual intervals, and may adjust increase (but not decrease) the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Usa Technologies Inc)

Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 875,500 in cash (“Base Compensation”). The Executive shall receive no less than such Base Compensation per annum for subsequent years during the Term. Such amounts shall be payable in substantially equal semi-monthly installments. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 653,145.00 in cash (“Base Compensation”). The Executive shall receive no less than such Base Compensation per annum for subsequent years during the Term. Such amounts shall be payable in substantially equal semi-monthly installments. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 510,000 in cash (“Base Compensation”). Such amounts shall be payable in substantially equal semi-monthly installmentsinstallments in accordance with the Corporation’s customary payroll practices. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive CEO and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Welltower Inc.)

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Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 484,500 in cash (“Base Compensation”). Such amounts shall be payable in substantially equal semi-monthly installmentsinstallments in accordance with the Corporation’s customary payroll practices. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive CEO and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Welltower Inc.)

Base Compensation and Bonus. (a) The Executive shall receive annual base compensation during the Term of this Agreement of not less than $825,000 1,250,000 in cash (“Base Compensation”). Such amounts shall be payable in substantially equal semi-monthly installmentsinstallments in accordance with the Corporation’s customary payroll practices. Subject to the terms of this Agreement, during the Term, the Compensation Committee of the Board (the “Compensation Committee”) shall consult with the Executive and review the Executive’s Base Compensation at annual intervals, and may adjust the Executive’s annual Base Compensation from time to time.

Appears in 1 contract

Samples: Employment Agreement (Welltower Inc.)

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