Common use of Base Salary Compensation Clause in Contracts

Base Salary Compensation. The base salary rate ("Base Salary") of the Executive shall be One Hundred and thirty thousand dollars (U.S.)$130,000 per year for the first twelve months of this Agreement. The Base Salary shall be payable monthly in arrears. The Company may withhold from any amounts payable under this Agreement such federal, state or local taxes and other statutory remittances as shall be required by law to be so withheld. Executive shall be entitled to a performance review by Executive's immediate superior on the twelfth (12) month anniversary of the Employment Start Date and a determination will be made at that time by Executive's immediate superior, acting reasonably, whether or not to adjust the Base Salary; provided, however, that if the Executive is an executive officer of the Company, such determination shall not take effect until ratified by the Board of Directors of the Company.

Base Salary Compensation. The base salary rate ("Base Salary") of the Executive shall be One Hundred and thirty Hundred-fifty thousand dollars (U.S.)$130,000 U.S.) $150.000 per year for the first twelve months of this Agreement. The Base Salary shall be payable monthly in arrears. The Company may withhold from any amounts payable under this Agreement such federal, state or local taxes and other statutory remittances as shall be required by law to be so withheld. Executive shall be entitled to a performance review by Executive's immediate superior on the twelfth (12) month anniversary of the Employment Start Date and a determination will be made at that time by Executive's immediate superior, acting reasonably, whether or not to adjust the Base Salary; provided, however, that if the Executive is an executive officer of the Company, such determination shall not take effect until ratified by the Board of Directors of the Company.

Base Salary Compensation. The base salary rate ("Base Salary") of the Executive shall be One Hundred and thirty Sixty thousand dollars Pounds Sterling (U.S.)$130,000 (pound))$60,000 per year for the first twelve months of this Agreement. The Base Salary shall be payable monthly in arrears. The Company may withhold from any amounts payable under this Agreement such federal, state or local taxes and other statutory remittances as shall be required by law to be so withheld. Executive shall be entitled to a performance review by Executive's immediate superior on the twelfth (12) month anniversary of the Employment Start Date and a determination will be made at that time by Executive's immediate superior, acting reasonably, whether or not to adjust the Base Salary; provided, however, that if the Executive is an executive officer of the Company, such determination shall not take effect until ratified by the Board of Directors of the Company.