Common use of Base Compensation Clause in Contracts

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. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

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. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

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. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem it deems relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 220,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 80,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his her salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive the Officer during the term of this Agreement a base salary at the rate of $__________ 135,000.00 per year, payable in accordance with customary payroll practices. b. The Board Executive Management Committee of the Bank shall review annually the rate of Executive's the Officer’s base salary based upon factors they deem relevant, and may maintain maintain, increase or increase his decrease the Officer’s base salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the BoardExecutive Management Committee, Executive the Officer shall continue to receive base salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board Executive Management Committee under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree to pay the Executive during the term of this Agreement a base salary at the rate of $__________ $ per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree Association agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 220,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree to pay the Executive during the term of this Agreement a base salary at the rate of $__________ $ per year, payable in accordance with customary payroll practices. b. The Board Boards shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company Bank and the Bank Company agree to pay the Executive during the term of this Agreement a an aggregate base salary at the rate of $_____________________ per year, payable in accordance with customary payroll practicespractices of the Bank. b. The Board Boards shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the BoardBoards, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board Boards under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 201,500 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 186,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ [amount] per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his her salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 100,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

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 $__________ 121,750 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem it deems relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

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 $__________ 171,550 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem it deems relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

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. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ [amount] per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 346,081 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 311,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive the Officer during the term of this Agreement a base salary at the rate of $__________ 141,000.00 per year, payable in accordance with customary payroll practices. b. The Board Executive Management Committee of the Bank shall review annually the rate of Executive's the Officer’s base salary based upon factors they deem relevant, and may maintain maintain, increase or increase his decrease the Officer’s base salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the BoardExecutive Management Committee, Executive the Officer shall continue to receive base salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board Executive Management Committee under the provisions of this Section 4.

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 $__________ 115,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem it deems relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 164,400 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 85,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees 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. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 206,981 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 109,200 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ $ per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 180,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 100,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 48,033 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his her salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees 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. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his her salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 159,400 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees 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. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 186,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 165,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4. d. The Company and the Bank intend to allocate the compensation expenses associated with Executive's performance of services under this Agreement in accordance with the terms of the Expense Allocation Agreement entered into between the Bank and the Company.

Base Compensation. a. The Company and the Bank agree Association agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 300,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 300,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 85,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 210,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4. d. The Company and the Bank intend to allocate the compensation expenses associated with Executive’s performance of services under this Agreement in accordance with the terms of the Expense Allocation Agreement entered into between the Bank and the Company.

Base Compensation. a. The Company and the Bank agree agrees 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. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ [ ] per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 300,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 180,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 164,400 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree to pay the Executive during the term of this Agreement a base salary at the rate of $__________ [ ] per year, payable in accordance with customary payroll practices. b. The Board and the Bank shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay Executive during the term of this Agreement a base salary at the rate of $__________ 88,200 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of Executive's base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary at least annually based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive his base salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.

Base Compensation. a. The Company and the Bank agree Association agrees to pay the Executive during the term of this Agreement a base salary at the rate of $__________ 300,000 per year, payable in accordance with customary payroll practices. b. The Board shall review annually the rate of the Executive's ’s base salary based upon factors they deem relevant, and may maintain or increase his salary, provided that no such action shall reduce the rate of salary below the rate in effect on the Effective Date. c. In the absence of action by the Board, the Executive shall continue to receive salary at the annual rate specified on the Effective Date or, if another rate has been established under the provisions of this Section 4, the rate last properly established by action of the Board under the provisions of this Section 4.