Common use of Base Compensation Clause in Contracts

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 __ per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 80,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 81,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 76,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors of the Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timedecide.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 86,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 at least $ per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 __________ per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary. 3.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 185,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 76,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 72,885 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 ______________ per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 48,033 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 80,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 210,000 (as of July 17, 2006) per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 32,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 117,600 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 [ ] per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the . The Board of Directors the Bank shall review, not less often than annually, the rate of the Employee's salary and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 180,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary. Such review shall be documented in the Board's minutes.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 114,500 per annumannum (as of June 1, 2008), payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 $ per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement compensation in the form of a salary at the rate of $92,000 176,550 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 95,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 110,164 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 60,900.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 140,000 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement agreement a salary at the rate of $92,000 88,200 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that not less than annually, the rate of such salary shall be reviewed by the Board of Directors not less often than annuallyEmployee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 75,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term ----------------- of this Agreement a salary at the rate of $92,000 73,500 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 179,600 per annum, payable in cash not less frequently than monthly; providedon the Bank’s regular pay frequency. The Bank shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board rate of Directors in its sole discretion may decide at such timethe Employee’s salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 73,614 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 125,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 55,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 45,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 95,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the . The Bank's Board of Directors shall review the Employee's salary, not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeincrease his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement compensation in the form of a salary at the rate of $92,000 150,000.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 65,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 120,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 42m per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 60,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors of the Bank not less often than annually. Such rate of salary, and Employee shall or increased rate of salary, as the case may be, may be entitled further increased (but not decreased) from time to receive annually an increase at such percentage or time in such an amount amounts as the Board of Directors in its sole discretion may decide at such timedecide.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 150,000 gross per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board rate of Directors the Employee's salary and, in its sole discretion discretion, may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 $ 145,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement agreement a salary at the rate of $92,000 78,800 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that not less than annually, the rate of such salary shall be reviewed by the Board of Directors not less often than annuallyEmployee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 123,700 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ term of this Agreement a salary at the rate of $92,000 142,100 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 347,900 per annum, payable in cash not less frequently than monthly; providedon the Bank’s regular pay frequency. The Bank shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board rate of Directors in its sole discretion may decide at such timethe Employee’s salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 116,000.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 175,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the . The Board of Directors shall review, not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto adjust his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 30,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ------------------- term of this Agreement a salary at the rate of $92,000 $ per annum, payable in -------- cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 272,000 gross per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board rate of Directors the Employee's salary and, in its sole discretion discretion, may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 $ 90,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 150,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 138,258 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 28,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 95,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary. The Board's review must be documented in the Board's minutes.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 60,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 $ 80,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 per annum200,000 for the first year and $215,000 for the second year and $225,000 for the third year, payable in cash not less frequently than monthly; providedin accordance with the Bank's payroll procedures. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 175,000 gross per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board rate of Directors the Employee’s salary and, in its sole discretion discretion, may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 78,500 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 200,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 111,000 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 _________ per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 _________ per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of ------------------ this Agreement a salary at the rate of $92,000 100,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ term of this Agreement a salary at the rate of $92,000 51,420 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 76,400 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 125,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 100,000.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 77,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 __________ per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 130,000 per annumannum (as of September 1, 2008), payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ term of this Agreement agreement a salary at the rate of $92,000 103,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that not less than annually, the rate of such salary shall be reviewed by the Board of Directors not less often than annuallyEmployee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a the base salary at in effect on the rate of $92,000 per annumEffective Date, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 38,400.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 45,000.00 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 150,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 112,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 80,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timedecide.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ ----------------- term of this Agreement a salary at the rate of $92,000 142,100 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee's salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 203,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $92,000 85,000 per annum, payable in cash not less frequently than monthly; provided. The Board shall review, that the rate of such salary shall be reviewed by the Board of Directors not less often than annually, the rate of the Employee’s salary, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide at such timeto increase his salary.