Base Salary and Bonus Opportunity. (a) Fenix shall pay Executive a base salary for Executive’s services at the rate of $175,000 per year in accordance with Fenix’s normal biweekly payroll practices. Salary payments to Executive shall be reduced for applicable withholding taxes and other payroll deductions required by law or authorized by Executive.
Base Salary and Bonus Opportunity. During the term of Executive's employment hereunder, Executive's base salary shall be at an annual rate no less than the annual rate of base salary that was paid to the Executive during 2010. The Company's Board of Directors may, in its discretion, increase Executive's base salary at such times and in such amounts as it determines but at no time shall Executive's base salary, in effect from time to time, be decreased. Base salary shall be payable by the Company in regular installments in accordance with the Company's general payroll practices. During the term of Executive's employment hereunder, Executive shall participate in the Company's Amended and Restated Annual Incentive Compensation Plan (the "Bonus Plan"), as in effect from time to time, in accordance with the terms of such Bonus Plan. Executive's target bonus shall be equivalent to a percentage of base salary that is no less than the percentage of base salary that was set as the Executive's target bonus for fiscal year 2010.
Base Salary and Bonus Opportunity. Effective as of May 1, 2002, the Executive's annual base salary will be increased to an annual rate of $552,000 and the Executive's target bonus opportunity for 2002 under the Company's Short-Term Performance Plan will be fixed at 80% of such increased annual base salary. Effective as of January 1, 2003, the Executive's base salary shall be increased to an annual rate of $579,600 and the Executive's target bonus compensation for 2003 under the Company's Short-Term Performance Plan will be fixed at 80% of such increased base salary.
Base Salary and Bonus Opportunity. During the term of Executive’s employment hereunder, Executive’s base salary shall be at an annual rate no less than the annual rate of base salary that was paid to the Executive during 2013. The Company’s Board of Directors may, in its discretion, increase Executive’s base salary at such times and in such amounts as it determines, but at no time shall Executive’s base salary, in effect from time to time, be decreased. Base salary shall be payable by the Company in regular installments in accordance with the Company’s general payroll practices. During the term of Executive’s employment hereunder, Executive shall participate in the Company’s Amended and Restated Annual Incentive Compensation Plan (the “Bonus Plan”), as in effect from time to time, in accordance with the terms of such Bonus Plan. Executive’s target bonus shall be no less than 100 percent of base salary.
Base Salary and Bonus Opportunity. During the term of Executive's employment hereunder, Executive's initial base salary shall be at an annual rate of $[________]. The Company's Board of Directors may, in its discretion, increase Executive's base salary at such times and in such amounts as it determines but at no time shall Executive's base salary, in effect from time to time, be decreased. Base salary shall be payable by the Company in regular installments in accordance with the Company's general payroll practices. During the term of Executive's employment hereunder, Executive shall participate in the Company's Amended and Restated Annual Incentive Compensation Plan (the "Bonus Plan"), as in effect from time to time, in accordance with the terms of such Bonus Plan. Executive's target bonus shall be equivalent to a percentage of base salary that is no less than fifty percent of base salary.
Base Salary and Bonus Opportunity. Your (i) annual base salary following the closing of the Transaction will be £300,000 per year (“Base Salary”), payable pursuant to your Employer’s regular payroll practice and (ii) annual target bonus opportunity will be 30% of your Base Salary, subject to the terms and conditions of the applicable bonus plan or program, in each case, prorated for the period ending on the Retention Date.
Base Salary and Bonus Opportunity. (a) The Joint shall pay Executive a base salary for Executive’s services in accordance with The Joint’s normalsemi-monthly payroll practices. Salary payments to Executive shall be reduced for applicablewithholding taxes and other payroll deductions required by law or authorized by Executive. Executive’s base salary shallbe: $185,000.00 per year.
Base Salary and Bonus Opportunity. During the period from the Effective Date through the Termination Date, you will receive a base salary of $350,300 per year, less income tax withholding and other payroll deductions required by law or elected by you. This base salary will not be increased or decreased prior to the Termination Date. In addition to your base salary, you will be eligible for a bonus under the 2005 UNOVA annual incentive compensation plan (the “2005 AICP”) with a target of 80% of your base salary. Your target bonus for 2005 will not be increased or decreased prior to January 1, 2006. Since 2005 bonus awards are subject to the Company’s achievement of the performance goals set by the Compensation Committee of the Company’s Board of Directors and all other terms of the 2005 AICP, you may or may not receive any bonus for 2005 and, if any bonus is awarded to you for 2005, the amount of that bonus may be greater or less than your target bonus. Any bonus awarded to you for 2005 will be subject to income tax withholding and other payroll deductions required by law or elected by you. With the exception of the 2005 AICP bonus described above, you will not be eligible for any bonus under any incentive compensation plan of the Company, its subsidiaries or affiliates during the period from the Effective Date through the Termination Date.
Base Salary and Bonus Opportunity. Section 2 shall be deleted in its entirety and replaced with the following:
Base Salary and Bonus Opportunity. During the term of Executive's employment, Executive's base salary shall be $650,000. The Company's Board of Directors may, in its discretion, increase Executive's base salary at such times and in such amounts as it determines but at no time shall Executive's base salary, in effect from time to time, be decreased. Base salary shall be payable by the Company in regular installments in accordance with the Company's general payroll practices. During the term of Executive's employment hereunder, Executive shall participate in the Company's Amended and Restated Annual Incentive Compensation Plan (the "Bonus Plan"), as in effect from time to time, in accordance with the terms of such Bonus Plan. Executive's target bonus shall be equivalent to a percentage of base salary that is no less than the percentage of base salary that was set as Executive's target bonus for fiscal year 2013.
