BASE SALARY; INCENTIVE COMPENSATION Sample Clauses

BASE SALARY; INCENTIVE COMPENSATION. (a) Executive shall receive an annual Base Salary at the rate of one hundred ninety-three dollars ($193,000.00), payable in substantially equal installments no less frequently than monthly (less any amounts withheld as required by law or pursuant to any benefits plan). At least annually, the Company shall review and, in its sole discretion, may increase, Executive’s Base Salary. If Executive’s Base Salary is increased by the Company, such increased Base Salary shall then constitute the Base Salary for all purposes of this Agreement.
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BASE SALARY; INCENTIVE COMPENSATION. The terms “Base Salary” and “Incentive Compensation” as defined in Sections 1.4 and 4.2(a), respectively, are hereby amended to reflect whatever Base Salary and Incentive Compensation that is determined by the Chief Executive Officer and approved by the Compensation Committee, from time to time; provided, however, that so long as the Executive performs his or her duties and obligations satisfactorily, neither the Base Salary nor the target percentage of Incentive Compensation shall be decreased, without the written consent of the Executive.
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BASE SALARY; INCENTIVE COMPENSATION. (a)In consideration of the services rendered by the Executive under this Agreement, the Company shall pay to the Executive during the period the Executive is employed by the Company a base salary at the rate of $325,000 per annum (the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s customary payroll practices, but not less frequently than in approximately equal monthly installments. The Base Salary shall be reviewed on at least an annual basis, and may be upwardly adjusted as determined by the vote of the Board of Directors.
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BASE SALARY; INCENTIVE COMPENSATION. (a) The Company shall pay the Executive an annual rate of base salary of [***] beginning on the date hereof through at least the calendar year 2021, in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. Starting in 2022 and subject to review and approval by the P10 Executive Committee, the Company, on an annual basis, shall adjust the Executive’s base salary to the extent that similarly situated executives of any subsidiary of P10 (together, the “Comparable Executives”) shall have base compensation that is materially different than the Base Salary then in effect. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.
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BASE SALARY; INCENTIVE COMPENSATION. The CEO will be compensated for his services under this Contract as follows:
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BASE SALARY; INCENTIVE COMPENSATION. (a) Beginning January 1, 2021, P10 shall pay the Executive an annual rate of base salary of $600,000 in periodic installments in accordance with P10’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. P10 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.”
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BASE SALARY; INCENTIVE COMPENSATION. (a) The Company shall pay the Executive an annual rate of base salary of $210,888 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Company 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”.
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BASE SALARY; INCENTIVE COMPENSATION. Commencing on the Effective Date and, unless terminated earlier pursuant to the terms of this Agreement, during the Term of this Agreement, Executive’s annual base salary will be Two Hundred Eighty-Five Thousand Five Hundred Dollars ($285,500), payable in accordance with the Company’s customary payroll practices as are in effect from time to time (“Base Salary”). Annually, within thirty (30) days of filing the Company’s annual financial statements with the Securities and Exchange Commission (“SEC”) while this Agreement is in effect, solely at the option of the Company, Executive may be entitled to receive incentive compensation as determined by the Company’s Board of Directors (the “Board”). This incentive compensation shall be based on objectives which shall be established by the Board by December 31st of each year of employment which shall govern the incentives for the following year. The terms and conditions of the incentive compensation are to be determined solely by the Board. Executive shall give input into the objectives.
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Related to BASE SALARY; INCENTIVE COMPENSATION

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Incentive and Bonus Compensation The Executive shall be eligible to participate in the Company’s existing and future bonus and stock option plans and other incentive compensation programs for similarly situated executives (collectively, “Plans”), to the extent that the Executive is qualified to participate in any such Plan under the generally applicable provisions thereof in effect from time to time. Such eligibility is not a guarantee of participation in or of the receipt of any award, payment or other compensation under any Plan. To the extent the Executive does participate in a Plan and the Plan does not expressly provide otherwise, the Chief Executive Officer and/or the Board, as appropriate, may determine all terms of participation (including, without limitation, the type and size of any award, payment or other compensation and the timing and conditions of receipt thereof by the Executive) in the Chief Executive Officer’s or the Board’s sole and absolute discretion. Nothing herein shall be deemed to prohibit the Company or the Board from amending or terminating any and all Plans in its sole and absolute discretion. Except as otherwise provided herein, the terms of each Plan shall govern the Executive’s rights and obligations thereunder during the Executive’s employment and upon the termination thereof. Without limiting the generality of the foregoing, the definition of “Cause” hereunder shall not supersede the definition of “cause” in any Plan (unless the Plan expressly defers to the definition of “cause” under an executive’s employment agreement) and any rights of the Executive hereunder upon and subsequent to the termination of the Executive’s employment shall be in addition to, and not in lieu of, any right of the Executive under any Plan then in effect upon or subsequent to a termination of employment.

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