Common use of Base Salary Clause in Contracts

Base Salary. The Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time to time in the sole discretion of the Company.

Appears in 5 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Citizens Financial Group Inc/Ri), Executive Employment Agreement (Citizens Financial Group Inc/Ri)

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Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) $ , payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 5 contracts

Samples: Employment Agreement (PBF Energy Inc.), Employment Agreement (PBF Energy Inc.), Employment Agreement (PBF Energy Inc.)

Base Salary. The Company shall pay to Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) of $250,000 per year, payable in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined policies from time to time in effect at the sole discretion Company. Executive’s Base Salary may be subject to increase (but shall not be subject to decrease) on an annual basis as the Board of Directors of the CompanyCompany or any committee thereof (the “Board of Directors”) shall determine.

Appears in 5 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 250,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Base Salary Executive's base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 5 contracts

Samples: Employment Agreement (Premcor Refining Group Inc), Employment Agreement (Premcor Refining Group Inc), Employment Agreement (Premcor Inc)

Base Salary. The Company shall pay or cause to be paid to the Executive a base salary at of not less than $1,000,000 per annum during the initial annualized rate term of $700,000 employment (the "Base Salary”) "). The Company may increase, but not decrease, the Base Salary at any time and from time to time during the term of employment and upon each such increase the term "Base Salary" shall mean such increased amount. Base Salary shall be payable in monthly or more frequent installments in accordance with the Company’s regular payroll schedule's then current practices and policies with respect to senior executives. Executive For the purposes of this Agreement "senior executives" shall be entitled to increases in Base Salary as may be determined from time to time in mean the sole discretion executive officers of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Aol Time Warner Inc), Employment Agreement (Time Warner Inc/), Employment Agreement (Aol Time Warner Inc)

Base Salary. The Company During the Employment Term, the Executive shall pay Executive receive a base salary at the initial annualized a rate of $700,000 100,000 per annum (the “Base Salary”) ), less applicable deductions and withholdings, which shall be paid in arrears in accordance with the Company’s regular customary payroll schedule. Executive shall be entitled to increases practices of the Company (as in Base Salary as may be determined effect from time to time time). The Company, in its sole and absolute discretion, may increase the sole discretion Executive’s Base Salary during the Employment Term, in which case such increased base salary shall be the “Base Salary” for purposes of the Companythis Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Essential Properties Realty Trust, Inc.), Employment Agreement (Essential Properties Realty Trust, Inc.), Employment Agreement (Essential Properties Realty Trust, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 325,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. The Board shall annually review Executive's base salary and Executive shall be entitled to such increases in Base Salary (but no decreases), if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 4 contracts

Samples: Employment Agreement (TRW Automotive Inc), Employment Agreement (TRW Automotive Inc), Employment Agreement (TRW Automotive Inc)

Base Salary. The For all services to be rendered by Executive pursuant to this Agreement, the Company shall agrees to pay Executive during the Employment Period a base salary (the "Base Salary") at the initial annualized an annual rate of $700,000 (“200,000, with such upward adjustments to the Base Salary”) Salary as shall be determined by the Board in its sole discretion. The Base Salary shall be paid in periodic installments in accordance with the Company’s 's regular payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time to time in the sole discretion of the Companypractices.

Appears in 4 contracts

Samples: Executive Employment Agreement (MEDL Mobile Holdings, Inc.), Executive Employment Agreement (MEDL Mobile Holdings, Inc.), Executive Employment Agreement (Resume in Minutes, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 500,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Base Salary Executive's base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 4 contracts

Samples: Employment Agreement (Cohen & Steers Inc), Employment Agreement (Cohen & Steers Inc), Employment Agreement (Cohen & Steers Inc)

Base Salary. The Company As of the Effective Date and during the Term of Employment, the Corporation shall pay to the Executive a base salary at the initial annualized rate of $700,000 250,000 per year, subject to increase (but not decrease) by the Board (the “Base Salary”) ). The Executive’s Base Salary shall be paid in accordance with the CompanyCorporation’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time in the sole discretion of the Companytime, but no less frequently than monthly.

Appears in 4 contracts

Samples: Employment Agreement (Sonoma Pharmaceuticals, Inc.), Employment Agreement (Oculus Innovative Sciences, Inc.), Employment Agreement (Oculus Innovative Sciences, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 750,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard at least annually. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 4 contracts

Samples: Employment Agreement (Colfax CORP), Employment Agreement (DJO Finance LLC), Employment Agreement (Pinnacle Foods Finance LLC)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) at the annual rate of [$ ], payable in regular installments in accordance with the Company’s regular usual payroll schedulepractices. Executive shall be entitled to increases in Base Salary as The Board may be determined from time to time review and increase the Base Salary in its sole discretion. During the sole discretion Employment Term, the Executive shall be eligible for any bonus program approved by the Board for the benefit of the senior executives of the Company; provided however, that the foregoing shall not create any presumption that a bonus will actually be granted by the Company to the Executive.

Appears in 4 contracts

Samples: Employment Agreement (China Sunergy Co., Ltd.), Employment Agreement (China Sunergy Co., Ltd.), Employment Agreement (China Sunergy Co., Ltd.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 200,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Base Salary Executive's base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 4 contracts

Samples: Employment Agreement (Premcor Refining Group Inc), Employment Agreement (Premcor Refining Group Inc), Employment Agreement (Premcor Refining Group Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary Base Salary at the initial annualized annual rate of One Hundred Eighty Thousand Dollars ($700,000 (“180,000). Base Salary”) Salary shall be payable in accordance with the usual payroll practices of the Company’s regular payroll schedule. Executive shall be entitled to increases in Executive's Base Salary as may be determined reviewed annually by the Board or the Compensation Committee and may be increased, but not decreased, from time to time in by the sole discretion Board or the Compensation Committee. The Base Salary as determined as aforesaid, from time to time for the applicable fiscal year shall constitute "BASE SALARY" for purposes of the Companythis Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Eventures Group Inc), Employment Agreement (Eventures Group Inc), Employment Agreement (Eventures Group Inc)

Base Salary. The During the Period of Employment, the Company shall pay the Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) ), which shall be paid in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time but not less frequently than in monthly installments. The Executive’s Base Salary shall be at an annualized rate of Two Hundred Eighty Thousand Dollars ($280,000). The Board (or a committee thereof) may, in its sole discretion, increase (but not decrease) the sole discretion Executive’s rate of the CompanyBase Salary.

Appears in 3 contracts

Samples: Employment Agreement (Growth Capital Acquisition Corp.), Employment Agreement (Growth Capital Acquisition Corp.), Employment Agreement (Growth Capital Acquisition Corp.)

Base Salary. The During the Term, the Company shall pay provide Executive a base salary at an annual rate that is at least equal to Executive’s base salary then in effect immediately prior to the initial annualized rate of $700,000 Acquisition (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall ), to be entitled to increases in Base Salary paid at such intervals as may be determined from time established by the Company for payment of its employees under its normal payroll practices. Executive’s Base Salary is listed on Schedule 1. Executive’s Base Salary will be paid to time in the sole discretion of the CompanyExecutive by bank transfer and will be subject to such deductions as may be required by law or agreed to by Executive.

Appears in 3 contracts

Samples: Executive Retention Agreement (Petrohawk Energy Corp), Executive Retention Agreement (Petrohawk Energy Corp), Consulting Agreement (Petrohawk Energy Corp)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) at an annual rate of $875,000 and payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Executive’s Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Invitation Homes Inc.), Employment Agreement (Invitation Homes Inc.)

Base Salary. The During the Executive’s employment with the Company pursuant to this Agreement, the Company shall pay to the Executive a base salary at the an initial annualized rate of Two Hundred Fifty Thousand Dollars ($700,000 250,000) per annum in equal installments as nearly as practicable on the normal payroll periods for employees of the Company generally (the “Base Salary”) in accordance with the Company’s regular payroll schedule). Executive shall be entitled to increases in The Base Salary as may be determined increased or decreased from time to time in at the sole discretion of the CompanyBoard.

Appears in 3 contracts

Samples: Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc)

Base Salary. The Company During the Term of Employment, Executive shall pay Executive a be paid an annual base salary at the initial annualized rate (hereinafter "Base Salary") of $700,000 (“Base Salary”) 114,000.00 which shall be paid in equal installments in accordance with the Company’s regular payroll scheduleBank's normal pay practices, but not less frequently than monthly. Executive's salary shall be reviewed by the Board of Directors of the Bank annually and Executive shall be entitled to increases receive annually an increase (but in Base Salary no event a decrease) in such amount, if any, as may be determined from time to time in by the sole discretion Board of Directors of the CompanyBank.

Appears in 3 contracts

Samples: Employment Agreement (Southern Community Bancshares Inc), Employment Agreement (Southern Community Bancshares Inc /Ga), Employment Agreement (Southern Community Bancshares Inc /Ga)

Base Salary. The Company shall pay Executive or cause to be paid to the Executive, during the term of employment, a base salary at the initial annualized rate of not less than $700,000 240,000 per annum (the “Base Salary”) in accordance with on the Company’s regular standard payroll schedule. Executive shall be entitled to increases in The Company may increase, but not decrease, the Base Salary as may be determined at any time and from time to time in during the sole discretion term of the Companyemployment.

Appears in 3 contracts

Samples: Employment Agreement (Violin Memory Inc), Employment Agreement (Violin Memory Inc), Employment Agreement (Violin Memory Inc)

Base Salary. The Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) 500,000 per annum. The Executive’s base salary shall be payable in accordance with the Company’s regular payroll schedule. Executive shall be entitled practices of the Company for its executives and subject to increases in Base Salary as may be determined increase from time to time by the Board (excluding the Executive), in its sole discretion. The base salary set forth in this Section 4(a), as from time to time increased, is hereafter referred to as the sole discretion of the Company“Base Salary.

Appears in 3 contracts

Samples: Employment Agreement (Ascend Wellness Holdings, LLC), Employment Agreement (Ascend Wellness Holdings, LLC), Employment Agreement (Ascend Wellness Holdings, LLC)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) U.S.$500,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 3 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD)

Base Salary. The Company As of the Effective Date and during the Period of Employment, the Corporation shall pay to the Executive a base salary at the initial annualized rate of $700,000 375,000 per year, subject to increase (but not decrease) by the Board (the “Base Salary”) ). The Executive’s Base Salary shall be paid in accordance with the CompanyCorporation’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time time, but not less frequently than in the sole discretion of the Companymonthly installments.

Appears in 3 contracts

Samples: Employment Agreement (Ruthigen, Inc.), Employment Agreement (Ruthigen, Inc.), Employment Agreement (Oculus Innovative Sciences, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 600,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to increases such increases, if any, in Base Salary his base salary as may be determined from time to time in the sole discretion of the Board, in accordance with the Company’s normal annual review process for executives. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary”.

Appears in 3 contracts

Samples: Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 500,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 3 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (Medquist Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of not less than $700,000 (“330,000. Base Salary”) salary shall be payable in accordance with the usual payroll practices of the Company. Executive’s regular payroll schedule. Executive base salary shall be entitled subject to increases in Base Salary as annual review by the Board or the Compensation Committee during the Employment Term and may be determined increased, but not decreased, from time to time in by the sole discretion Board or the Compensation Committee. The base salary as determined as aforesaid from time to time shall constitute “Base Salary” for purposes of the Companythis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Priceline Group Inc.), Employment Agreement (Priceline Com Inc), Employment Agreement (Priceline Com Inc)

Base Salary. The In consideration of the services to be rendered as provided in Section 1 and during the Employment Term that Executive serves for the Company, the Company shall hereby agrees to pay the Executive a base minimum annual salary at of Fifty Thousand Dollars ($50,000) (the initial annualized rate of $700,000 (“Base Salary”) ), payable in equal monthly installments in accordance with the usual practice of the Company. The Executive’s regular payroll schedule. Executive Base Salary shall be entitled to increases in Base Salary as may be determined increased from time to time in at the sole discretion of the CompanyBoard of Directors, excluding the Executive in the capacity as a Director.

Appears in 3 contracts

Samples: Employment Agreement (Inspired Builders, Inc.), Employment Agreement (Inspired Builders, Inc.), Employment Agreement (Inspired Builders, Inc.)

Base Salary. The During the Term, the Company shall pay to the Executive a base salary at the initial annualized Executive’s base salary rate on the date of $700,000 this Agreement, subject to increase from time to time as determined by the Board, upon recommendation of the Direct Supervisor, or if such Direct Supervisor is not an officer of the Company, an officer of the Company (“Base Salary”) ). The Executive’s Base Salary shall be payable in accordance with the Company’s regular normal payroll schedule. procedures and shall not during the Term be reduced below the annual rate payable to the Executive shall be entitled to increases in Base Salary as may be determined from time to time in on the sole discretion date of the Companythis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD), Amended and Restated (Endurance Specialty Holdings LTD)

Base Salary. The Company During the Employment Term, the Executive shall pay Executive receive a base salary at the initial annualized a rate of $700,000 250,000 per annum (the “Base Salary”) ), less applicable deductions and withholdings, which shall be paid in arrears in accordance with the Company’s regular customary payroll schedule. Executive shall be entitled to increases practices of the Company (as in Base Salary as may be determined effect from time to time time). The Company, in its sole and absolute discretion, may increase the sole discretion Executive’s Base Salary during the Employment Term, in which case such increased base salary shall be the “Base Salary” for purposes of the Companythis Agreement.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Essential Properties Realty Trust, Inc.), Employment Agreement (Essential Properties Realty Trust, Inc.)

Base Salary. The Company During the Term of Employment, Executive shall pay Executive a be paid an annual base salary at the initial annualized rate (hereinafter "Base Salary") of $700,000 (“Base Salary”) 95,400.00 which shall be paid in equal installments in accordance with the Company’s regular payroll scheduleBank's normal pay practices, but not less frequently than monthly. Executive's salary shall be reviewed by President of the Bank annually and Executive shall be entitled to increases receive annually an increase (but in Base Salary no event a decrease) in such amount, if any, as may be determined from time to time in by the sole discretion President and Chief Executive Officer of the CompanyBank and approved by the Board of Directors of the Bank.

Appears in 3 contracts

Samples: Employment Agreement (Southern Community Bancshares Inc /Ga), Employment Agreement (Southern Community Bancshares Inc /Ga), Employment Agreement (Southern Community Bancshares Inc /Ga)

Base Salary. The While employed hereunder, the Company shall pay Executive ----------- a base salary (the "Base Salary") at the initial annualized annual rate of $700,000 (“Base Salary”) 295,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Executive's Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the Companyboard of directors of the Company (the "Board"), as applicable.

Appears in 2 contracts

Samples: Employment Agreement (Ydi Wireless Inc), Employment Agreement (Terabeam, Inc.)

Base Salary. The During the Term, the Company shall pay Executive a base salary at the initial annualized rate of six hundred twenty-five thousand dollars ($700,000 (“Base Salary”625,000) per year, payable in equal installments in accordance with the ordinary payroll practices of the Company. Executive’s regular payroll schedulebase salary will be reviewed by the Board annually and may be increased at the Board’s discretion but may not be decreased. Executive shall be entitled to increases in Base Salary The base salary as determined herein, and as may be determined increased from time to time in (at the sole discretion of the CompanyBoard), constitutes “Base Salary” for purposes of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Wheels Up Experience Inc.), Employment Agreement (Wheels Up Experience Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall [995,000.00 to be entitled to increases in Base Salary modified] or such higher rate as may be determined from time to time by the Company (“Base Salary”). Such Base Salary shall be paid in accordance with the sole discretion of Company’s standard payroll practice for executives, which may change prospectively from time to time as may be determined by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Tailwind Two Acquisition Corp.), Employment Agreement (Tailwind Two Acquisition Corp.)

Base Salary. The In consideration for services rendered to the Company shall as provided herein, the Company will pay to Executive a base salary at the initial annualized a rate of $700,000 (“Base Salary”) 330,000.00 per annum, payable in accordance with the Company’s regular standard payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time (the "Base Salary"). The Base Salary may be increased or decreased, from time to time, in the sole discretion accordance with normal business practices for all executives of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Pluralsight, Inc.), Executive Employment Agreement (Pluralsight, Inc.)

Base Salary. The During the term hereof, the Company shall pay the Executive a base salary at the initial annualized rate of Sixty Thousand Dollars ($700,000 60,000) per annum (“Base Salary”) ), payable in accordance with the Companypayroll practices of the Company for its executives. Executive’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time subject to time increase by the Board in the its sole discretion of the Companydiscretion.

Appears in 2 contracts

Samples: Employment Agreement (Tasker Products Corp), Employment Agreement (Tasker Products Corp)

Base Salary. The Company As of the Effective Date and during the Term of Employment, the Corporation shall pay to the Executive a base salary at the initial annualized rate of $700,000 213,000.00 per year, subject to increase (but not decrease) by the Board (the “Base Salary”) ). The Executive’s Base Salary shall be paid in accordance with the CompanyCorporation’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time in the sole discretion of the Companytime, but no less frequently than monthly.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Sonoma Pharmaceuticals, Inc.)

Base Salary. The Company shall pay Executive a Executive's base salary at the initial annualized rate of $700,000 ("Base Salary") shall be paid in accordance with the Company’s regular 's normal payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time in time. Executive's Base Salary shall be $500,000 per annum, subject to increases, if any, as determined and approved by the sole discretion Compensation Committee of the CompanyGroup.

Appears in 2 contracts

Samples: Employment Agreement (Everest Re Group LTD), Employment Agreement (Everest Re Group LTD)

Base Salary. The During the Term of Employment, the Company shall pay Group agrees to provide Executive a with an annual base salary at (as it may be increased from time to time, the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll scheduleof $450,000. Executive The Base Salary amount shall be entitled subject to increases annual review and adjustment but will not be decreased in any event. Sharecare will pay Executive the Base Salary as may be determined in substantially equal periodic installments according to its standard payroll practices in effect from time to time in the sole discretion of the Companytime, but no less frequently than once per month.

Appears in 2 contracts

Samples: Employment Agreement (Sharecare, Inc.), Employment Agreement (Sharecare, Inc.)

Base Salary. The Company During the Executive's employment under this Agreement, the Executive shall pay Executive receive a base salary at the initial annualized an annual rate of $700,000 (“Base Salary”) 250,000, payable in cash in accordance with the Company’s regular 's payroll schedulepractices generally applicable to the Company's senior executives (the "Base Salary"). Executive The Base Salary shall be entitled subject to increases in Base Salary as may be determined from time to time increases, in the sole discretion of the Board of Directors or a committee appointed by the Board of Directors, at such times as salary reviews are conducted generally for the Company's senior executives.

Appears in 2 contracts

Samples: Employment Agreement (BNP Residential Properties Inc), Employment Agreement (BNP Residential Properties Inc)

Base Salary. The During the Specified Employment Period, the Company shall pay to Executive a an annualized base salary at the initial annualized rate of $700,000 464,000 (the “Base Salary”) in accordance consideration for Executive’s services under this Agreement, payable on a not less than biweekly basis, in conformity with the Company’s regular customary payroll schedule. Executive shall be entitled to increases practices for executives as in Base Salary as may be determined effect from time to time in the sole discretion of the Companytime.

Appears in 2 contracts

Samples: Employment Agreement (Enviva Partners, LP), Employment Agreement (Enviva Partners, LP)

Base Salary. The While employed hereunder, the Company shall pay Executive a base salary (the "Base Salary") at the initial annualized annual rate of $700,000 (“Base Salary”) 200,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Executive's Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the Companyboard of directors of the Company (the "Board"), as applicable.

Appears in 2 contracts

Samples: Employment Agreement (Proxim Corp), Employment Agreement (Proxim Corp)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) at the annual rate of $500,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive Executive’s Base Salary shall be entitled subject to increases in Base Salary annual review and subject to increase, if any, as may be determined from time to time in the sole discretion of the CompanyBoard, but in no event shall the Company be entitled to reduce Executive’s Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Base Salary. The During the Employment Term, the Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) salary, payable in equal installments in accordance with the CompanyCompany payroll procedures, at an annual rate of Three Hundred Fourteen Thousand Dollars ($314,000.00), pro-rated to reflect any partial year of employment. The Board or a committee thereof shall review Executive’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as base salary on an annual basis and may be determined increase Executive’s base salary from time to time time, in which case such increased salary then shall become the sole discretion Executive’s base salary for purposes of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Base Salary. The Company shall pay to Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) at a gross rate of $[—] per annum, payable in substantially equal installments in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined policies from time to time in the sole discretion of effect at the Company. Executive’s Base Salary may be subject to increase (but shall not be subject to decrease) on an annual basis as the Board of Directors shall determine.

Appears in 2 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of no less than $700,000 (“Base Salary”) 500,000 payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Travelport LTD), Employment Agreement (Travelport LTD)

Base Salary. The During the Term, the Company shall pay the Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) at the annualized rate of $395,000, which shall be subject to customary withholdings and authorized deductions and be payable in equal installments in accordance with the Company’s regular customary payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined place from time to time time. The Executive’s Base salary shall be subject to periodic adjustments as the CEO shall in the sole his discretion of the Companydeem appropriate.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Provention Bio, Inc.)

Base Salary. The Company As of the Effective Date and during the Period of Employment, the Corporation shall pay to the Executive a base salary at the initial annualized rate of $700,000 250,000 per year, subject to increase (but not decrease) by the Board (the “Base Salary”) with the sole exception set forth in Section 3.2 below. The Executive’s Base Salary shall be paid in accordance with the CompanyCorporation’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time time, but not less frequently than in the sole discretion of the Companymonthly installments.

Appears in 2 contracts

Samples: Employment Agreement (Oculus Innovative Sciences, Inc.), Employment Agreement (Oculus Innovative Sciences, Inc.)

Base Salary. The During Executive’s employment hereunder, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) 400,000, payable in regular installments in accordance with the Company’s regular payroll schedulepayment practices from time to time. Executive shall be entitled to increases annual performance and salary review, and any increase in Base Salary as may base salary shall be determined from time to time in the sole discretion of the CompanyCompensation Committee of the Board. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary”.

Appears in 2 contracts

Samples: Employment Agreement (Lantheus Medical Imaging, Inc.), Employment Agreement (Lantheus Holdings, Inc.)

Base Salary. The Company During the Term of Employment, the Executive shall pay Executive receive a base salary at the initial annualized rate of $700,000 per annum (“Base Salary”) payable in accordance with the Company’s regular normal payroll schedulepractices of no less than US $320,000. Executive The Board shall be entitled to increases in review the Executive’s Base Salary as may be determined from time to time annually and may, in its sole discretion, increase (but not decrease) the sole discretion of the CompanyExecutive’s Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Constar Inc), Employment Agreement (Constar International Inc)

Base Salary. The Company shall shall, during the Employment Term, pay the Executive a base salary of at the initial annualized rate of least $700,000 (“Base Salary”) 250,000 per year, payable in accordance with the Company’s 's regular payroll schedule. Executive shall be entitled to increases practice in Base Salary as may be determined effect from time to time in time, less applicable withholding and payroll deductions. The Company agrees to consider increasing such base salary at least annually during the sole discretion of the CompanyEmployment Term, but shall not be obligated to effectuate such an increase.

Appears in 2 contracts

Samples: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Base Salary. The Company shall pay the Executive a base salary at the initial annualized rate of $700,000 450,000 per annum (the “Base Salary”) ). The Executive’s base salary shall be payable in accordance with the Company’s regular payroll schedule. Executive shall be entitled practices of the Company for its executives and subject to increases in Base Salary as may be determined increase from time to time by the Board, in its sole discretion. The base salary set forth in this Section 4(a), as from time to time increased, is hereafter referred to as the sole discretion of the Company“Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Ascend Wellness Holdings, Inc.), Employment Agreement (Ascend Wellness Holdings, Inc.)

Base Salary. The During the Employment Period, the Executive shall receive, at such intervals and in accordance with such Company shall pay Executive a base policies as may be in effect from time to time, an annual salary at the initial annualized rate of (pro rata for any partial year) equal to Three Hundred Thousand and No/100 Dollars ($700,000 (“Base Salary”) 300,000.00), payable in equal installments in accordance with the Company’s regular payroll schedule. Executive normal practices, but no less often than monthly (the “Annual Base Salary”), which Annual Base Salary shall be entitled subject to increases in Base Salary increase, as may be determined from time to time in the sole discretion of the Board of Directors of the Company.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Home Interiors & Gifts Inc), Employment and Non Competition Agreement (Home Interiors & Gifts Inc)

Base Salary. The Company shall pay Executive a During the Employment Period, Executive’s base salary at shall be in an amount set by the initial annualized rate of Board (or a committee thereof), but under no circumstances will it be less than $700,000 320,000.00 per annum (the “Base Salary”) ), which salary shall be payable in regular installments in accordance with the Company’s regular general payroll schedule. Executive practices and shall be entitled subject to increases in customary withholding. The Base Salary as may shall be determined from time subject to time annual increases by the Board (or a committee thereof), in the its sole discretion of the Companydiscretion, which increases shall thereafter be Executive’s “Base Salary” for all purposes under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Jason Industries, Inc.), Employment Agreement (Jason Industries, Inc.)

Base Salary. The Company During the Term of Employment, the Executive shall pay Executive a base salary at be paid an annual Base Salary, payable in accordance with the initial annualized rate regular payroll practices of the Company, of $700,000 240,000. The Base Salary may be increased (“Base Salary”but not decreased) at any time and from time to time by action of the Board or by any committee thereof or any individual having authority to take such action in accordance with the Company’s 's regular payroll schedulepractices. Executive Once increased, any reference to Base Salary herein shall be entitled a reference to increases in Base Salary as may be determined from time to time in the sole discretion of the Companysuch increased amount.

Appears in 2 contracts

Samples: Employment Agreement (Metallurg Inc), Employment Agreement (Metallurg Holdings Inc)

Base Salary. The Company shall pay Executive a an annual base salary of $240,000 per annum (or a fraction thereof for portions of a year), subject to salary increases at the initial annualized rate discretion of $700,000 the majority shareholder of the Company (the Base SalaryMajority Shareholder) ), Chief Executive Officer and the Board. Executive’s salary shall be subject to all appropriate federal, state and municipal withholding taxes and other payroll deductions required by law or authorized by Executive and shall be payable in accordance with the Company’s regular normal payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time to time in the sole discretion procedures of the Company.

Appears in 2 contracts

Samples: Employment Agreement (10X Capital Venture Acquisition Corp. II), Employment Agreement (African Agriculture, Inc.)

Base Salary. The As consideration for Executive's services performed during the Employment Term, the Company shall agrees to pay Executive a base salary at the initial annualized rate of $700,000 350,000 per year (the "Base Salary") payable, in accordance with the Company’s regular normal payroll schedulepractices of the Company for its executives, and subject to federal and state tax withholding. Executive The Base Salary shall be entitled to increases in reviewed annually by the compensation committee of the Board of Directors (the "Compensation Committee") and adjusted as determined by the Compensation Committee (the Base Salary as may be determined adjusted from time to time in shall be referred to as the sole discretion of the Company"Current Base Salary").

Appears in 2 contracts

Samples: Employment Agreement (Brooks-Pri Automation Inc), Employment Agreement (Brooks Automation Inc)

Base Salary. The During the Employment Term, the Company shall agrees to pay or cause to be paid to the Executive a an annual base salary at the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary 220,000.00 or as may be determined increased from time to time in the sole discretion of the CEO of the Company (hereinafter referred to as the "Base Salary"). Such Base Salary shall be earned and accrued on a per day basis and be payable in accordance with the Company's customary practices applicable to its executives.

Appears in 2 contracts

Samples: Employment Agreement (Aki Holding Corp), Employment Agreement (Aki Inc)

Base Salary. The Company During the Term of Employment, the Executive shall pay Executive a base salary at be paid an annual Base Salary, payable in accordance with the initial annualized rate regular payroll practices of the Company, of $700,000 220,000. The Base Salary may be increased (“Base Salary”but not decreased) at any time and from time to time by action of the Board or by any committee thereof or any individual having authority to take such action in accordance with the Company’s 's regular payroll schedulepractices. Executive Once increased, any reference to Base Salary herein shall be entitled a reference to increases in Base Salary as may be determined from time to time in the sole discretion of the Companysuch increased amount.

Appears in 2 contracts

Samples: Employment Agreement (Metallurg Inc), Employment Agreement (Metallurg Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of no less than $700,000 (“Base Salary”) 475,000 payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Travelport LTD), Employment Agreement (Travelport LTD)

Base Salary. The Company During the Executive's employment under this Agreement, the Executive shall pay Executive receive a base salary at the initial annualized an annual rate of $700,000 (“Base Salary”) 200,000, payable in cash in accordance with the Company’s regular 's payroll schedulepractices generally applicable to the Company's senior executives (the "Base Salary"). Executive The Base Salary shall be entitled subject to increases in Base Salary as may be determined from time to time increases, in the sole discretion of the Board of Directors or a committee appointed by the Board of Directors, at such times as salary reviews are conducted generally for the Company's senior executives.

Appears in 2 contracts

Samples: Employment Agreement (BNP Residential Properties Inc), Employment Agreement (BNP Residential Properties Inc)

Base Salary. The During the Employment Period, the Company shall pay Executive a base salary at the initial annualized annual rate of Four Hundred Twenty Five Thousand Dollars ($700,000 (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary 425,000.00), or such higher rate as may be determined from time to time by the Company (“Base Salary”). Such Base Salary shall be paid in the sole discretion of accordance with the Company’s standard payroll practice for its executive officers. Once increased, Base Salary shall not be reduced.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Waste Management Inc)

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Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 175,000, payable in substantially equal periodic payments in accordance with the Company’s regular payroll schedule's practices for other executive employees, as such practices may be determined from time to time. Executive shall be entitled to such increases in Base Salary Executive's base salary, if any, as may be determined from time to time in the sole discretion of the CompanyChief Financial Officer, the CEO and the Board. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 2 contracts

Samples: Employment Agreement (Frontier Communications Corp), Employment Agreement (Citizens Communications Co)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary salary, subject to increase at the initial annualized discretion of the Board of Directors of the Company (the "Board"), at the annual rate of $700,000 200,000 (the "Base Salary”) "), payable in regular installments in accordance with the Company’s regular 's usual payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time to time in the sole discretion of the Companypractices.

Appears in 2 contracts

Samples: Employment Agreement (Apricus Biosciences, Inc.), Employment Agreement (Nexmed Inc)

Base Salary. The During the Period of Employment, the Company shall pay the Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) ), which shall be paid in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time but not less frequently than in monthly installments. The Executive’s Base Salary shall be at an annualized rate of two hundred eighty thousand Dollars ($280,000). The Board (or a committee thereof) may, in its sole discretion, increase (but not decrease) the sole discretion Executive’s rate of the CompanyBase Salary.

Appears in 2 contracts

Samples: Employment Agreement (Cepton, Inc.), Employment Agreement (Cepton, Inc.)

Base Salary. The During the Employment Term, the Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) salary, payable in equal installments in accordance with the CompanyCompany payroll procedures, at an annual rate of Three Hundred Twenty Thousand Dollars ($320,000.00), pro-rated to reflect any partial year of employment. The Board or a committee thereof shall review Executive’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as base salary on an annual basis and may be determined increase Executive’s base salary from time to time time, in which case such increased salary then shall become the sole discretion Executive’s base salary for purposes of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Base Salary. The During the Term of Employment, the Company shall pay compensation to Executive a as base compensation for his services hereunder, in substantially equal bi-weekly installments, an annual base salary at the initial annualized rate of $700,000 400,000 (the “Base Salary”) ). The Board of Directors shall annually, and in accordance with its sole discretion, determine whether the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as may should be determined from time to time in increased and, if so, the sole discretion amount of the Companysuch increase.

Appears in 2 contracts

Samples: Consulting Agreement (Sensus Metering Systems Inc), Employment and Non Interference Agreement (Sensus Metering Systems Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 275,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. Executive shall be entitled to such increases in Base Salary Executive's base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 2 contracts

Samples: Employment Agreement (Wix Filtration Media Specialists, Inc.), Employment Agreement (Wix Filtration Media Specialists, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) at the annual rate of $176,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Executive’s Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard.

Appears in 2 contracts

Samples: Employment Agreement (El Pollo Loco, Inc.), Employment Agreement (El Pollo Loco, Inc.)

Base Salary. The During the Term of Employment, the Company shall will pay to the Executive a base salary at the initial annualized rate of $700,000 800,000 per year (“Base Salary”) ), payable semi-monthly in accordance with the Company’s regular executive payroll schedulepolicy. Executive shall be entitled to increases in Such Base Salary as may will be determined from time reviewed annually on the Company’s regular executive salary review schedule, and will be subject to time in increase (but not decrease) at the sole discretion of Aon’s CEO and the Organization and Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”), which increased amount will be thereafter the Executive’s “Base Salary” for all purposes hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Aon PLC), Employment Agreement (Aon PLC)

Base Salary. The Company In consideration for the services provided ----------- hereunder, Employer shall pay to Executive a an annual base salary at the initial annualized rate of $700,000 110,000 (the "Base Salary”) in accordance with the Company’s regular payroll schedule"). Executive The Base Salary shall be entitled to increases payable in conformity with Employer's customary payroll practices. Such Base Salary as may shall be determined from time subject to time periodic review and adjustment in the sole discretion of the Company's Board of Directors (the "Board").

Appears in 2 contracts

Samples: Employment Agreement (Total Sports Inc), Employment Agreement (Total Sports Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) U.S.$120,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) at an annual rate of $450,000 and payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Executive’s Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard, but may not be decreased below any then-current annual base salary amount.

Appears in 2 contracts

Samples: Employment Agreement (Invitation Homes Inc.), Employment Agreement (Invitation Homes Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) at an annual rate of $500,000 and payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Executive’s Base Salary Salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard.

Appears in 2 contracts

Samples: Employment Agreement (Invitation Homes Inc.), Employment Agreement (Invitation Homes Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 240,000 payable in accordance with the Company’s regular payroll schedulepractices (the “Base Salary”). Executive shall be entitled to such increases in Base Salary Salary, if any, as may be determined from time to time on at least an annual basis in the sole discretion of the CompanyIES.

Appears in 2 contracts

Samples: Employment Agreement (Integrated Electrical Services Inc), Employment Agreement (Integrated Electrical Services Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases in Base Salary 450,000.00 or such higher rate as may be determined from time to time by the Company (“Base Salary”). Such Base Salary shall be paid in accordance with the sole discretion of Company’s standard payroll practice for executives, which may change prospectively from time to time as may be determined by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Tailwind Two Acquisition Corp.), Employment Agreement (Tailwind Two Acquisition Corp.)

Base Salary. The Company shall agrees to pay to Executive as a base minimum salary at during the initial annualized rate Term of Employment the sum of $700,000 (“Base Salary”) 1,000,000 per year, payable in accordance with the Company’s regular normal payroll scheduleprocedure of the Company as in effect from time to time. Executive shall be entitled to such increases (but no decreases) in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary rate, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Management Agreement (Computer Sciences Corp), Management Agreement (Computer Sciences Corp)

Base Salary. The Company During the Employment Term, the Employer shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 325,000.00, payable in regular installments in accordance with the CompanyEmployer’s regular normal payroll schedulepractices. Executive’s base salary shall be reviewed annually by the Board and Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary”.

Appears in 2 contracts

Samples: Employment Agreement (ITC Holdings Corp.), Employment Agreement (ITC Holdings Corp.)

Base Salary. The During the Term, the Company shall pay to Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) at the annual rate of $325,000, less such deductions as are required by law or that Executive may elect in accordance with Company policy and procedure, and pro-rated for any partial years of employment. The Base Salary shall be payable in equal periodic installments in accordance with the Company’s regular normal payroll schedulepractices. Executive Executive’s Base Salary shall be entitled to increases in reviewed at least annually by the Board and the Board may, but shall not be required to, increase the Base Salary as may be determined from time to time in during the sole discretion of the CompanyTerm.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Offerpad Solutions Inc.), Incentive Stock Option Agreement (Supernova Partners Acquisition Company, Inc.)

Base Salary. The During the Term of Employment, the Company shall pay Group agrees to provide Executive a with an annual base salary at (as it may be increased from time to time, the initial annualized rate of $700,000 (“Base Salary”) in accordance with the Company’s regular payroll scheduleof $500,000. Executive The Base Salary amount shall be entitled subject to increases annual review and adjustment but will not be decreased in any event. Sharecare will pay Executive the Base Salary as may be determined in substantially equal periodic installments according to its standard payroll practices in effect from time to time in the sole discretion of the Companytime, but no less frequently than once per month.

Appears in 2 contracts

Samples: Employment Agreement (Sharecare, Inc.), Employment Agreement (Sharecare, Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 450,000, payable in regular installments in accordance with the Company’s regular payroll schedule's usual payment practices. The Board shall annually review Executive's base salary and Executive shall be entitled to such increases in Base Salary (but no decreases), if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

Appears in 2 contracts

Samples: Employment Agreement (TRW Automotive Inc), Employment Agreement (TRW Automotive Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 400,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (PBF Energy Inc.), Employment Agreement (PBF Holding Co LLC)

Base Salary. The Company shall pay Executive a base an aggregate annual salary at the initial annualized rate of $700,000 200,000 per annum during the Employment Period ("Base Salary”) "), subject to withholding for applicable federal, state and local taxes. Base Salary shall be payable in accordance with the Company’s regular payroll schedule's normal business practices, but in no event less frequently than monthly. Executive Executive's Base Salary shall be entitled to increases in Base Salary as reviewed no less frequently than annually by the Company and may be determined from time to time in increased, but not decreased, by the sole discretion of Company during the CompanyEmployment Period.

Appears in 2 contracts

Samples: Employment and Noncompetition Agreement (Beacon Capital Partners Inc), Employment and Noncompetition Agreement (Beacon Capital Partners Inc)

Base Salary. The During the Employment Term, the Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) salary, payable in equal installments in accordance with the CompanyCompany payroll procedures, at an annual rate of Eight Hundred Fifty Thousand Dollars ($850,000), pro-rated to reflect any partial year of employment. The Board or a committee thereof shall review Executive’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as base salary on an annual basis and may be determined increase Executive’s base salary from time to time time, in which case such increased salary then shall become the sole discretion Executive’s base salary for purposes of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Base Salary. The From the Effective Date and during the remainder of the Employment Term, the Company shall pay Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) 1,350,000 annually, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall may be entitled to increases in Base Salary as may be determined from time to time his base salary in the sole discretion of the CompanyBoard, which shall make such determinations following its annual review process for executives. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of Two Million Dollars ($700,000 (“Base Salary”) 2,000,000), payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Ticketmaster Entertainment, Inc.), Employment Agreement (Ticketmaster Entertainment, Inc.)

Base Salary. The Company shall pay Executive a base salary at During the initial annualized rate Term of $700,000 (“Base Salary”) Employment, subject to the Executive’s performance in accordance with this Agreement, the Company’s regular payroll schedule. Executive shall be entitled to increases an annual base salary of at least $420,000.00, payable in Base Salary equal biweekly installments by the Company, subject to annual increase by the Board of Directors of the Company. The base salary as may shall be determined in effect from time to time in hereunder shall be referred to herein as the sole discretion of the Company“Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Bloomin' Brands, Inc.), Officer Employment Agreement (Cheeseburger-Ohio, Limited Partnership)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 450,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (PBF Finance Corp), Employment Agreement (PBF Energy Inc.)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 600,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Premcor Refining Group Inc), Employment Agreement (Premcor Refining Group Inc)

Base Salary. The Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) 1,000,000 per annum. The Executive’s base salary shall be payable in accordance with the Company’s regular payroll schedule. Executive shall be entitled practices of the Company for its executives and subject to increases in Base Salary as may be determined increase from time to time by the Board (excluding the Executive), in its sole discretion. The base salary set forth in this Section 4(a), as from time to time increased, is hereafter referred to as the sole discretion of the Company“Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Ascend Wellness Holdings, LLC), Employment Agreement (Ascend Wellness Holdings, LLC)

Base Salary. The Upon the Effective Time and during the Executive’s employment with the Company or any of its subsidiaries, the Company shall pay the Executive a base salary at the initial annualized annual rate of $700,000 600,000 (the “Base Salary”) ), payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to increases in The Executive’s Base Salary as may shall not in any way be determined reduced below this rate from time to time in the sole discretion period between the Effective Time and the third anniversary of the CompanyEffective Time.

Appears in 2 contracts

Samples: Senior Executive Agreement (Affiliated Computer Services Inc), Senior Executive Agreement (Affiliated Computer Services Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of no less than $700,000 (“Base Salary”) 400,000 payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Travelport LTD)

Base Salary. The Subject to adjustment based on the Offering as defined below, the Company shall pay the Executive a an annual rate of base salary at the initial annualized rate of $700,000 (“Base Salary”) 183,300 in periodic installments in accordance with the Company’s regular customary payroll schedulepractices and applicable wage payment laws, but no less frequently than monthly. Executive shall be entitled to increases The Executive’s annual base salary, as in Base Salary as may be determined effect from time to time in the sole discretion of the Companytime, is hereinafter referred to as “Base Salary”.

Appears in 2 contracts

Samples: Employment Agreement (Lipella Pharmaceuticals Inc), Employment Agreement (Lipella Pharmaceuticals Inc)

Base Salary. The During the Employment Term, the Company shall agrees to pay or cause to be paid to the Executive a an annual base salary at the initial annualized rate of $700,000 or as may be increased from time to time (the "Base Salary”) "). Such Base Salary shall be payable in accordance with the Company’s regular payroll schedule. Executive shall be entitled 's customary practices applicable to increases in Base Salary as may be determined from time to time in the sole discretion of the Companyits executives.

Appears in 2 contracts

Samples: Executive Employment Agreement (Exide Corp), Executive Employment Agreement (Exide Corp)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) 450,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices. Commencing in 2006, and annually thereafter, the Board (or its Compensation Committee, as appropriate) shall review Executive’s base salary in light of the performance of Executive shall and the Company, and may, in its sole discretion, increase (but not decrease) such base salary by an amount it determines to be entitled to increases appropriate. Executive’s annual base salary, as in Base Salary as may be determined effect from time to time in time, is hereinafter referred to as the sole discretion of the Company“Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Texas Genco Inc.), Employment Agreement (Texas Genco Inc.)

Base Salary. The Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) 191,200 per annum, which shall be payable in accordance with the Company’s regular standard payroll schedule. Executive shall be entitled to increases in Base Salary as may be determined from time to time in the sole discretion practices of the Company. At no time during the Term shall the Executive's base salary be decreased from the rate then in effect except with the written consent of the Executive.

Appears in 2 contracts

Samples: Employment Agreement (JPF Acquisition Corp), Employment Agreement (Jevic Transportation Inc)

Base Salary. The During the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of $700,000 (“Base Salary”) U.S.$500,000, payable in regular installments in accordance with the Company’s regular payroll scheduleusual payment practices for senior executives. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Medquist Inc), Employment Agreement (MedQuist Holdings Inc.)

Base Salary. The Company During the Term of Employment, the Executive shall pay Executive receive a base salary at the initial annualized rate of $700,000 per annum (“Base Salary”) payable in accordance with the Company’s regular normal payroll schedulepractices of no less than US $275,000. Executive The Board shall be entitled to increases in review the Executive’s Base Salary as may be determined from time to time annually and may, in its sole discretion, increase (but not decrease) the sole discretion of the CompanyExecutive’s Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Constar Inc), Employment Agreement (Constar International Inc)

Base Salary. The During each of the first two years of the Employment Term, the Company shall pay Executive a base salary at the initial annualized annual rate of not less than $700,000 (“Base Salary”) 500,000, payable in accordance with the Company’s regular normal payroll schedulepractices. Executive shall be entitled to such increases in Base Salary Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the CompanyBoard. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Artio Global Investors Inc.), Employment Agreement (Artio Global Investors Inc.)

Base Salary. The During the Employment Term, the Company shall pay the Executive a base salary at the initial annualized rate of $700,000 (“Base Salary”) salary, payable in equal installments in accordance with the CompanyCompany payroll procedures, at an annual rate of Three Hundred Seventy Five Thousand Dollars ($375,000.00), pro-rated to reflect any partial year of employment. The Board or a committee thereof shall review Executive’s regular payroll schedule. Executive shall be entitled to increases in Base Salary as base salary on an annual basis and may be determined increase Executive’s base salary from time to time time, in which case such increased salary then shall become the sole discretion Executive’s base salary for purposes of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Base Salary. The During the Period of Employment, the Company shall pay the Executive a base salary at (the initial annualized rate of $700,000 (“Base Salary”) ), which shall be paid in accordance with the Company’s regular payroll schedule. Executive shall be entitled to increases practices in Base Salary as may be determined effect from time to time but not less frequently than in monthly installments. The Executive’s Base Salary shall be at an annualized rate of four hundred thousand ($400,000.00) US Dollars. The Board (or a committee thereof) may, in its sole discretion, increase the sole discretion Executive’s rate of the CompanyBase Salary.

Appears in 2 contracts

Samples: Employment Agreement (TILT Holdings Inc.), Employment Agreement (TILT Holdings Inc.)

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