Common use of Base Salary and Signing Bonus Clause in Contracts

Base Salary and Signing Bonus. The Company shall pay the Executive an annual rate of base salary of $300,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws. The Executive’s base salary may be reviewed from time to time by the Board, and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” In addition to the Base Salary, the Company shall pay the Executive a one-time signing bonus in the amount of $12,500, less applicable withholdings, on December 24, 2020.

Base Salary and Signing Bonus. The Company shall pay During the Term, the Executive an annual will receive a base salary at the rate of base salary of $300,000 200,000 per annum, payable in periodic substantially equal installments in accordance with the CompanyBank’s customary regular payroll practices and applicable wage payment laws(“Base Salary”). The Executive’s base salary Base Salary will be reviewed by the Board annually, and the Executive will be entitled to receive annually an increase in such amount, if any, as may be reviewed from time to time determined by the Board, and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” In addition to the Base Salary, the Company shall pay the Executive a one-time signing bonus in the amount of $12,500, less applicable withholdings, on December 24, 2020.

Base Salary and Signing Bonus. The Company shall pay the Executive an annual rate of base salary of $300,000 270,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws. The Executive’s base salary may be reviewed from time to time by the Board, and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” In addition to the Base Salary, the Company shall pay the Executive a one-time signing bonus in the amount of $12,500, less applicable withholdings, on December 24, 2020.”

Base Salary and Signing Bonus. The a. During the Employment Term, the Company shall pay Executive a base salary (the Executive an “Base Salary”) at the annual rate of base salary of not less than $300,000 450,000, payable in periodic regular installments in accordance with the Company’s customary payroll practices usual payment practices. Executive shall be entitled to annual reviews and applicable wage payment lawsincreases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Compensation Committee. The Executive’s base salary Base Salary may be reviewed from time to time by the Board, and the Board may, but shall not be required to, increase the base salary decreased at any time during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” In addition to the Base Salary, the Company shall pay the Executive a one-time signing bonus in the amount of $12,500, less applicable withholdings, on December 24, 2020.

Base Salary and Signing Bonus. The a. During the Employment Term, the Company shall pay Executive a base salary (the Executive an “Base Salary”) at the annual rate of base salary of not less than $300,000 500,000, payable in periodic regular installments in accordance with the Company’s customary payroll practices usual payment practices. Executive shall be entitled to annual reviews and applicable wage payment lawsincreases in Executive’s Base Salary, if any, as may be determined in the sole discretion of the Compensation Committee. The Executive’s base salary Base Salary may be reviewed from time to time by the Board, and the Board may, but shall not be required to, increase the base salary decreased at any time during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.” In addition to the Base Salary, the Company shall pay the Executive a one-time signing bonus in the amount of $12,500, less applicable withholdings, on December 24, 2020.