Base Salary and Annual Bonus. For all of the services rendered by Employee pursuant to this Agreement, the Corporation shall pay Employee his Base Salary, payable in accordance with the Corporation’s normal pay practices so long as employed under this Agreement. In no event shall Employee’s Base Salary be decreased, but it may, from time to time be increased at the discretion of the Corporation. In addition, the Corporation shall pay Employee an Annual Bonus as determined by the Board of Directors from time to time.
Appears in 4 contracts
Samples: Employment Agreement (Western Gas Resources Inc), Employment Agreement (Western Gas Resources Inc), Employment Agreement (Western Gas Resources Inc)