Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Samples: Employment Agreement (Centrue Financial Corp), Employment Agreement (Centrue Financial Corp), Employment Agreement (Centrue Financial Corp)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 142,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 2 contracts
Samples: Employment Agreement (Centrue Financial Corp), Employment Agreement (Centrue Financial Corp)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirtyTwo Hundred Seventeen Thousand Eight Hundred Seventy-five thousand dollars eight Dollars ($135,000217,878) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Bank. Such Base Salary base salary shall be subject to review annually commencing in 2004 1997 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 2 contracts
Samples: Employment Agreement (West Suburban Bancorp Inc), Employment Agreement (West Suburban Bancorp Inc)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred One Hundred and thirtyThirty-five thousand Five Thousand dollars ($135,000135,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 on the first of November 2006 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Appears in 2 contracts
Samples: Employment Agreement (Centrue Financial Corp), Employment Agreement (Centrue Financial Corp)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirtyOne Hundred Thirty-five thousand dollars Thousand Dollars ($135,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Bank. Such Base Salary base salary shall be subject to review annually commencing in 2004 1997 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 177,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one Two hundred and thirty-five ninety thousand dollars ($135,000290,000) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”"BASE SALARY"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred Two Hundred and thirty-five thousand Sixty Two Thousand dollars ($135,000262,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2006 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five ten thousand dollars ($135,000110,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 212,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2016 and shall be maintained or increased (but not decreased) during the term Term of this Agreement in accordance with the EmployerCompany’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred One Hundred and thirty-five thousand Twenty Thousand dollars ($135,000120,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2005 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 131,200 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 207,500 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2016 and shall be maintained or increased (but not decreased) during the term Term of this Agreement in accordance with the EmployerCompany’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one two hundred and thirty-five fifty thousand dollars ($135,000250,000) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred One-Hundred and thirtyForty-five thousand dollars One Thousand Five-Hundred Dollars ($135,000141,500.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 1999 and may be adjusted from time to time by the Board, but shall not be maintained or increased during reduced unless the term of this Agreement in accordance Employer experiences five (5) consecutive calendar quarters with the Employer’s established management compensation policies and planspre-tax operating losses.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 122,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 160,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 152,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 100,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five thousand dollars One Hundred Seventy Five Thousand Dollar ($135,000175,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Bank. Such Base Salary base salary shall be subject to annual review annually by the Board of Directors commencing in 2004 for the year 2002 and shall be maintained or for increased during the term of this Agreement hereof in accordance with the EmployerBank’s established management compensation policies and plansplans or as otherwise determined by the Board of Directors.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 161,500 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The During the Employment Term, Executive shall receive an aggregate annual minimum Base Salary base salary of one hundred and thirty-five thousand dollars ($135,000) 190,000, payable in installments in accordance with the regular Company’s normal payroll schedule of the Employer practices (“"Annual Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Appears in 1 contract
Samples: Executive Employment Agreement (Lapolla Industries Inc)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred Two Hundred and thirty-five thousand Seventy Five Thousand dollars ($135,000275,000.00) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2005 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirtyseventy-five thousand dollars ($135,000175,000) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 120,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirtyseventy-five thousand dollars ($135,000175,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 on the first anniversary of the Effective Date, and such salary shall be maintained or increased during the term of this Agreement Term (as defined below) in accordance with the Employer’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).
Appears in 1 contract
Samples: Employment Agreement (First Community Financial Partners, Inc.)
Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 157,500 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred One Hundred Ninety-two Thousand and thirty-five thousand Five Hundred dollars ($135,000192,500) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 on the first anniversary of the Effective Date, and such salary shall be maintained or increased during the term of this Agreement Term (as defined below) in accordance with the Employer’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).
Appears in 1 contract
Samples: Employment Agreement (First Community Financial Partners, Inc.)
Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 141,750 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Employer shall pay to the Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five thousand dollars Two Hundred Seventy Five Thousand Dollars ($135,000275,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 1998 and shall be maintained or increased (but not decreased) during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred One Hundred and thirty-five thousand Ninety Thousand dollars ($135,000190,000.00) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2005 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 150,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five thousand dollars One Hundred Ten Thousand Dollars ($135,000110,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Bank. Such Base Salary base salary shall be subject to review annually commencing in 2004 2001 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five thousand dollars Ninety Nine Thousand Dollars ($135,00099,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 2003 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five ten thousand dollars ($135,000110,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 1999 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirtyOne Hundred Eighty-five thousand dollars Thousand Dollars ($135,000185,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Bank. Such Base Salary base salary shall be subject to review annually commencing in 2004 1997 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one Two hundred and thirty-five twenty thousand dollars ($135,000220,000) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”"BASE SALARY"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
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Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five eighty six thousand dollars ($135,000186,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base compensation shall be subject to review annually commencing in 2004 1994 and shall be maintained or increased during the term of this Agreement hereof in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 325,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2016 and shall be maintained or increased (but not decreased) during the term Term of this Agreement in accordance with the EmployerCompany’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 122,500 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five ten thousand dollars ($135,000110,000.00) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2006 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary base salary at the rate of one hundred and thirty-five thousand dollars One Hundred Sixty Thousand Dollars ($135,000160,000) payable in installments in accordance with the regular payroll schedule of the Employer (“Base Salary”)Employer. Such Base Salary base salary shall be subject to review annually commencing in 2004 at the end of each calendar year during the Term, and such salary shall be maintained or increased during the term of this Agreement Term (as defined below) in accordance with the Employer’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).
Appears in 1 contract
Samples: Employment Agreement (First Community Financial Partners, Inc.)
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 110,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 114,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one One hundred and thirty-five thousand dollars Seventy Thousand Dollars ($135,000170,000) payable in installments in accordance with the regular payroll schedule of the Employer Bank (“Base Salary”"BASE SALARY"). Such Base Salary shall be subject to review annually commencing in 2004 2007 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract
Base Compensation. The Executive shall receive an aggregate annual minimum Base Salary of one hundred and thirty-five thousand dollars ($135,000) 325,000 payable in installments in accordance with the regular payroll schedule of the Employer Bank (“"Base Salary”"). Such Base Salary shall be subject to review annually commencing in 2004 2009 and shall be maintained or increased during the term of this Agreement in accordance with the Employer’s 's established management compensation policies and plans.
Appears in 1 contract