Common use of Base Salary Clause in Contracts

Base Salary. Company shall pay Executive a base salary ("Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 5 contracts

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

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Base Salary. The Company shall pay to Executive a an annual base salary ("the “Base Salary") at a rate in an amount to be determined by the Board of no less than $750,000 per year. Executive's Directors or its applicable committee (as applicable, the “Committee”) in its sole discretion The Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments subject to applicable state and federal withholdings and shall be subject paid according to the deduction of Company’s standard payroll taxes and similar assessments as required by lawpractices.

Appears in 5 contracts

Samples: Employment Agreement, Executive Employment Agreement (Abm Industries Inc /De/), Executive Employment Agreement (Abm Industries Inc /De/)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$100,000, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Sino Cement, Inc), Employment Agreement (Applied Spectrum Technologies Inc), Employment Agreement (Applied Spectrum Technologies Inc)

Base Salary. The Company shall pay to Executive a an annual base salary ("Base Salary") at a rate of USD$ 30,000 paid monthly in accordance with the Company’s normal payroll procedures. The Compensation Committee shall review the Executive’s Base Salary no less than $750,000 per year. Executive's annually and may increase (but not decrease) such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to during the deduction term of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Elite Education Group International LTD), Employment Agreement (Elite Education Group International LTD), Employment Agreement (Elite Education Group International LTD)

Base Salary. For all services to be rendered by Executive under this Agreement, the Company shall agrees to pay Executive a an annual base salary ("Base Salary") at a rate of no $250,000 (subject to adjustment upward as recommended by the Compensation Committee of the Board (the “Compensation Committee”)), less than $750,000 per year. Executive's Base Salary shall be paid in installments deductions required by law, payable in accordance with the normal payroll practices of the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 4 contracts

Samples: Employment Agreement (Saxon Capital Inc), Form of Employment Agreement (Saxon Reit Inc), Employment Agreement (Saxon Capital Inc)

Base Salary. In consideration of the services to be rendered under this Agreement, the Company shall pay Executive a base salary at the rate of Sixty Thousand Dollars ("$60,000) per year (“Base Salary") at a rate of no less than $750,000 per year”). Executive's The Base Salary shall be paid in installments accordance with the Company’s regularly established payroll practice. Executive’s Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 3 contracts

Samples: Executive Employment Agreement (Derycz Scientific Inc), Executive Employment Agreement (Derycz Scientific Inc), Executive Employment Agreement (Derycz Scientific Inc)

Base Salary. The Company shall pay Executive a base salary of $1,000,000 per annum, less applicable taxes and withholdings ("Base Salary") at a rate ”), payable in accordance with the normal payroll practices and schedule of no less than $750,000 per yearthe Company. Executive's Such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review from time to time (but no less than annually) by the deduction Board or Compensation Committee of payroll taxes and similar assessments as required by lawthe Board (the “Committee”).

Appears in 3 contracts

Samples: Executive Employment Agreement (Mister Car Wash, Inc.), Executive Employment Agreement (Mister Car Wash, Inc.), Executive Employment Agreement (Mister Car Wash, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary (the "Base Salary") at a an annual rate of no not less than $750,000 per year350,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 3 contracts

Samples: Employment Agreement (Blucora, Inc.), Amended and Restated Employment Agreement (Blucora, Inc.), Employment Agreement (Blucora, Inc.)

Base Salary. The Company shall pay the Executive a base salary at the rate of Two Hundred and Eighty -Five Thousand Dollars ("$285,000.00) per annum, payable in accordance with the payroll practices of the Company for its executives (such base salary, as from time to time adjusted, the “Base Salary") at a rate of no less than $750,000 per year”). Executive's The Base Salary shall be paid reviewed not less than once in installments in accordance with Company's normal payment schedule for its senior management. All payments each calendar year and shall be subject to adjustment by the deduction of payroll taxes and similar assessments as required by lawBoard, acting in its sole discretion.

Appears in 3 contracts

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

Base Salary. The Company shall pay the Executive a base salary ("Base Salary") at a rate of no less than $750,000 250,000 per year, which will be reviewed annually by the Company during the term of this Agreement in accordance with its compensation practices regarding senior executives. The Executive's Base Salary shall be paid in installments biweekly in accordance with the Company's normal payment schedule for its senior managementpayroll schedule. All payments shall be subject to the Executive's chosen benefit deductions and the deduction of payroll taxes and similar assessments as required by law.

Appears in 3 contracts

Samples: Employment Agreement (Harrahs Entertainment Inc), Employment Agreement (Harrahs Entertainment Inc), Employment Agreement (Harrahs Entertainment Inc)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a monthly rate of no less than $750,000 per yearUS$11,666.67, payable in a single installment on the last day of each month. The Executive will be responsible for his own income tax payable to relevant federal and state authorities in the United States. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (China Advanced Construction Materials Group, Inc), Employment Agreement (TJS Wood Flooring, Inc.), Employment Agreement (TJS Wood Flooring, Inc.)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$120,000, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (JINHAO MOTOR Co), Employment Agreement (JINHAO MOTOR Co), Employment Agreement (Applied Spectrum Technologies Inc)

Base Salary. The Executive shall be paid a Base Salary by the Company shall pay Executive a base salary ("Base Salary") at a rate of no not less than $750,000 per yearUS$385,000.00, payable in accordance with the Company’s regular pay practices. Executive's Such Base Salary shall be paid in installments subject to annual review in accordance with the Company's normal payment schedule ’s practices for its senior management. All payments shall executives as in effect from time to time and may be subject to increased at the deduction discretion of payroll taxes and similar assessments as required by lawthe Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”).

Appears in 3 contracts

Samples: Employment Agreement (Syncora Holdings LTD), Employment Agreement (Security Capital Assurance LTD), Employment Agreement (Security Capital Assurance LTD)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$80,000, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Sino Cement, Inc), Employment Agreement (Sino Cement, Inc), Employment Agreement (JINHAO MOTOR Co)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 275,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, but in no event less frequently than monthly. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Gener8 Maritime, Inc.), Employment Agreement (Gener8 Maritime, Inc.), Employment Agreement (General Maritime Corp / MI)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 650,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, but not less frequently than monthly. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), which may increase (but not decrease) the base salary, in its sole discretion. The base salary as determined herein and adjusted from time to time in accordance herewith shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Epicor Software Corp), Employment Agreement (Epicor Software Corp), Employment Agreement (Epicor International Holdings, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year380,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 3 contracts

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

Base Salary. Company shall pay Executive a base salary ("Base Salary") at a rate of no less than $750,000 410,000 per year. Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 3 contracts

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

Base Salary. During the Employment Term, the Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate equal to $300,000, payable in accordance with the regular payroll practices of no the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof) and may be adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.)

Base Salary. The Executive shall be paid a Base Salary by the Company shall pay Executive a base salary ("Base Salary") at a rate of no not less than $750,000 per yearUS$600,000, payable in accordance with the Company’s regular pay practices. Executive's Such Base Salary shall be paid in installments subject to annual review in accordance with the Company's normal payment schedule ’s practices for its senior management. All payments shall executives as in effect from time to time and may be subject to increased at the deduction discretion of payroll taxes and similar assessments as required by lawthe Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”).

Appears in 3 contracts

Samples: Employment Agreement (Security Capital Assurance LTD), Employment Agreement (Security Capital Assurance LTD), Employment Agreement (Security Capital Assurance LTD)

Base Salary. The Company shall pay to Executive a an annual base salary ("the “Base Salary") at a rate in an amount to be determined by the Board of no less than $750,000 per yearDirectors or its applicable committee (as applicable, the “Committee”) in its sole discretion. Executive's The Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments subject to applicable state and federal withholdings and shall be subject paid according to the deduction of Company’s standard payroll taxes and similar assessments as required by lawpractices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Abm Industries Inc /De/), Executive Employment Agreement (Abm Industries Inc /De/)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 975,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (P&f Industries Inc), Executive Employment Agreement (P&f Industries Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary (the "Base Salary") at a an annual rate of no not less than $750,000 per year320,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 2 contracts

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

Base Salary. Effective with this Agreement and the Executive’s continued employment hereunder, the Company shall pay Executive a base salary ("Base Salary") at a the annualized rate of no less than $750,000 per year. Executive's Base Salary shall be paid 400,000, payable in regular installments in accordance with the Company's normal ’s payment schedule for its senior managementpractices from time to time. All payments Executive shall be subject entitled to annual performance and salary review, and any increase in base salary shall be in the deduction sole discretion of payroll taxes and similar assessments the Compensation Committee of the Board. Executive’s annual base salary, as required by lawin 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 shall agrees to pay the Executive a base salary (the "Base Salary") at a an annual rate of no not less than $750,000 per year350,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). In addition, on the first payroll cycle following the Effective Date, the Company will pay Executive and one-time signing bonus of payroll taxes and similar assessments as required by law$210,000 (less applicable withholdings) (“Signing Bonus”).

Appears in 2 contracts

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

Base Salary. Company During his employment under this Agreement, the Executive shall pay Executive be paid a base salary ("Base Salary") at a rate of no less than $750,000 per yearUS$ 350,000 subject to annual review on no later than Executive’s anniversary date. Executive's Base Salary The Executive shall be paid in installments no less frequently than monthly in accordance with the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of ’s payroll taxes and similar assessments as required by lawpractices.

Appears in 2 contracts

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

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no $300,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Clinical Data Inc), Executive Employment Agreement (Clinical Data Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 550,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, but in no event less frequently than monthly. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Gener8 Maritime, Inc.), Employment Agreement (General Maritime Corp / MI)

Base Salary. During the Employment Term, the Company shall pay Executive a an annual base salary of One Hundred Seventy Five Thousand Dollars ("$175,000) (“Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid ”), payable in regular installments in accordance with the Company's normal payment schedule for ’s then current payroll practices. At least annually the Board shall review Executive’s performance and compensation and may increase the Base Salary, in its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by lawsole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year120,000, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Fortress Financial Group, Inc. / WY), Employment Agreement (American Surgical Holdings Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per year550,000, payable semi-monthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review and adjustment from time to time by the deduction Board (or a committee thereof) in its sole discretion, but may not be decreased. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Synthetic Biologics, Inc.), Employment Agreement (Synthetic Biologics, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per yearUS$ 375,000. The Base Salary will be payable bimonthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a Committee thereof) at least annually and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Eloxx Pharmaceuticals, Inc.), Executive Employment Agreement (Eloxx Pharmaceuticals, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 200,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, but in no event less frequently than monthly. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Gener8 Maritime, Inc.), Employment Agreement (General Maritime Corp / MI)

Base Salary. The Company shall pay Executive a an annual base salary in the amount as determined and recommended to the Board by the CEO and approved by the Board ("the “Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments ”), subject to standard payroll deductions and withholdings, and payable in accordance with the Company's ’s normal payment schedule for its payroll practices. Notwithstanding the foregoing, the Base Salary may be reduced at the Company’s discretion as part of a company-wide austerity measure or a compliance initiative that applies uniformly to all senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by lawexecutives.

Appears in 2 contracts

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

Base Salary. The Company shall pay to Executive a base salary of $175,000 per year ("the “Base Salary") at a rate of ”), payable in accordance with the Company’s usual pay practices (and in any event no less frequently than $750,000 per yearmonthly). Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review annually by and at the deduction sole discretion of payroll taxes the Compensation Committee of the Board based on the Company’s performance, Executive’s performance and similar assessments as required by lawtaking into account the recommendation of the President. Such adjusted annual base salary shall then become Executive’s “Base Salary” for purposes of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Basin Water, Inc.), Employment Agreement (Basin Water, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year375,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 2 contracts

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

Base Salary. The Company shall will pay Executive a base salary ("Base Salary") at a the annual rate of no less than $750,000 500,000 per year. The Board may adjust Executive's ’s Base Salary shall from time to time, provided that the Base Salary may not be paid in installments reduced without Executive’s consent. The Base Salary will be payable in accordance with Company's normal payment schedule for its senior management. All payments shall be subject the payroll practices of the Company in effect from time to the deduction of payroll taxes and similar assessments as required by lawtime.

Appears in 2 contracts

Samples: Employment Agreement (Meritage Homes CORP), Employment Agreement (Meritage Homes CORP)

Base Salary. The Company shall pay the Executive a base salary ("the “Base Salary") at a the rate of no less than $750,000 700,000 per yearannum. Executive's The Board will review the Base Salary at least annually for possible increases as it deems appropriate. The Base Salary shall be paid in installments in accordance with the normal payroll practices of the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 2 contracts

Samples: Employment Agreement (Sovereign Bancorp Inc), Employment Agreement (Sovereign Bancorp Inc)

Base Salary. Company shall pay Executive a base salary ("Base Salary") at a an annual rate of no less than One Hundred Forty Thousand Dollars ($750,000 per year. Executive's Base Salary shall be paid in installments 140,000) payable in accordance with Company's normal payment regular pay schedule for its senior management. All payments The Board shall review Executive's salary and performance annually, and Executive shall be subject to the deduction of payroll taxes and similar assessments as required by laweligible for an increase in her base salary based on such review.

Appears in 2 contracts

Samples: Employment Agreement (Helix Biomedix Inc), Employment Agreement (Helix Biomedix Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no $300,000 payable in accordance with the regular payroll practices of the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Clinical Data Inc), Executive Employment Agreement (Clinical Data Inc)

Base Salary. The Executive will receive from the Company shall pay Executive a an annual base salary of Two Hundred Forty Thousand Dollars ($240,000) (as from time to time adjusted, the "Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments ), payable in accordance with Company's normal payment schedule for its senior management. All payments shall be subject the standard practice of the Company with respect to the deduction payment of payroll taxes salaries of its employees. The Board will review the Base Salary annually, and similar assessments as required by lawmay, in its reasonable discretion, adjust the Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Orion Healthcorp Inc), Employment Agreement (Orion Healthcorp Inc)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$7,036, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (China Pediatric Pharmaceuticals, Inc.), Employment Agreement (Lid Hair Studios International, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year1,000,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof), and may be increased, but not decreased below its then current level, from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Veritiv Corp), Employment Agreement (Xpedx Holding Co)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year85,000, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Adex Media, Inc.), Employment Agreement (Adex Media, Inc.)

Base Salary. During the Employment Term, the Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate equal to $250,000, payable in accordance with the regular payroll practices of no the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof) and may be adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.)

Base Salary. The Company shall initially pay Executive a base salary of Four Hundred Thousand Dollars ($400,000) per year ("Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid ), payable in installments in accordance with the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of customary payroll taxes practices, less such deductions and similar assessments as withholdings required by lawlaw or authorized by Executive. The Board of Directors of the Company (the "Board") or the Compensation Committee of the Board (the "Compensation Committee") shall review the amount of the Base Salary from time to time, but no less frequently than annually.

Appears in 2 contracts

Samples: Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per yearUS$346,500. The Base Salary will be payable bimonthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Company’s Chief Executive Officer at least annually and may be increased, but not decreased, from time to time by the Company’s Chief Executive Officer. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Eloxx Pharmaceuticals, Inc.)

Base Salary. The Company shall agrees to pay or cause to be paid to the ----------- Executive during the term of this Agreement a base salary at the rate of $900,000. This base salary will be subject to annual review and may be increased from time to time by the Board considering factors such as the executive's responsibilities, compensation of similar executives within the company and in other companies, performance of the executive and other pertinent factors (hereinafter referred to as the "Base Salary") at a rate of no less than $750,000 per year). Executive's Such Base Salary shall be paid in installments payable in accordance with the Company's normal payment schedule for customary practices applicable to its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by lawexecutives.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Abercrombie & Fitch Co /De/), Restricted Stock Agreement (Limited Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year450,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 2 contracts

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

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no $286,839, payable in accordance with the regular payroll practices of the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Clinical Data Inc), Executive Employment Agreement (Clinical Data Inc)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a monthly rate of no not less than $750,000 per yearUS$4,500, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (China Yingxia International, Inc.), Employment Agreement (China Yingxia International, Inc.)

Base Salary. The Company shall agrees to pay Executive a base salary ("the “Base Salary") at a an annual rate of no Three Hundred Thousand Dollars ($300,000), payable in accordance with the regular payroll practices of the Company, but not less frequently than $750,000 per yearmonthly. Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule reviewed and may be increased, but not decreased, from time to time by the Board (or a committee thereof). The base salary as determined herein from time to time shall constitute “Base Salary” for its senior management. All payments shall be subject to the deduction purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP)

Base Salary. The Company shall will pay the Executive a base salary ("Base Salary") at a the rate of no less than $750,000 400,000 per year. Executive's Base Salary shall be paid in installments , payable in accordance with the Company's normal payment ’s standard payroll schedule for its senior managementexecutives and subject to applicable deductions and withholdings. All payments shall The Executive’s base salary will be subject to periodic review and adjustments by the deduction Board or the Compensation Committee of payroll taxes and similar assessments the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as required by lawthe “Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Prime Medicine, Inc.), Employment Agreement (Prime Medicine, Inc.)

Base Salary. The Company shall will pay to the Executive a an annual base salary to be paid in equal installments in accordance with the Company’s general payment policies in effect during the term hereof ("the “Base Salary") at a rate of no less than $750,000 per year”). Executive's The Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments subject to review by the Company based on both Executive and Company performance and such base salary amount as may be set from time-to-time shall be subject to “Base Salary” for purposes of this Agreement. This provision does not alter the deduction at-will nature of payroll taxes Executive’s employment or the provisions of Articles III and similar assessments as required by lawIV below.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Deckers Outdoor Corp), Change in Control and Severance Agreement (Deckers Outdoor Corp)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year650,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof), and may be increased, but not decreased below its then current level, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Sarepta Therapeutics, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year780,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Independent Members of payroll taxes and similar assessments as required by lawthe Board (or a committee thereof).

Appears in 2 contracts

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

Base Salary. The Company shall agrees to pay Executive a base salary ("Base Salary") at a an annual rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments 285,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be increased, but not decreased from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Holley Inc.)

Base Salary. In consideration of the Executive’s services to the Company shall and the Executive’s covenants under this Agreement, the Company will pay the Executive a base salary of $700,000 ("Base Salary") at a rate of no ”), payable in accordance with the Company’s normal payroll schedule, less than $750,000 per yearall required and authorized deductions and withholdings. Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Compensation Committee of payroll taxes and similar assessments as required by lawthe Board on an annual basis beginning in January 2016.

Appears in 1 contract

Samples: Executive Employment Agreement (West Pharmaceutical Services Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year400,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by law.Board (or a committee thereof). (b)

Appears in 1 contract

Samples: Employment Agreement

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$60,700, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement – Chief Executive Officer and President (Velvet Rope Special Events, Inc.)

Base Salary. The Company shall pay to Executive a an annual base salary in the amount of one hundred and twenty-five thousand dollars ($125,000) (the "Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments payable in accordance with the Company's normal payment schedule for its senior managementstandard payroll policies. All payments The Company shall be subject entitled to the deduction of payroll deduct or withhold all taxes and similar assessments as charges which the Company may be required to deduct or withhold therefrom. The Base Salary will be reviewed not less than annually by lawthe Committee and may be increased at any time but may not be decreased without the consent of Executive.

Appears in 1 contract

Samples: Employment Agreement (American Gaming & Entertainment LTD /De)

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Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 575,000 payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be increased from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Comtech Telecommunications Corp /De/)

Base Salary. The Company shall agrees to pay the Executive a base salary (the "Base Salary") at a an annual rate of no not less than $750,000 per year300,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 1 contract

Samples: Employment Agreement (Blucora, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year250,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than bi-weekly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Compensation Committee of payroll taxes the Board of Directors and similar assessments may be increased, but not decreased, from time to time. The base salary as required by lawdetermined herein from time to time shall constitute “Base Salary” for purposes of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Myriant Corp)

Base Salary. The Executive shall receive from the Company shall pay Executive a base salary ("Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments , payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, of $268,400 (but not less frequently than monthly). All payments During the Term of Employment, the Board shall be subject to review the deduction of payroll taxes and similar assessments as required by law.Base Salary no less often than annually. Employment Agreement Xxxxxxx X. Xxxxxxx, Xx. 2

Appears in 1 contract

Samples: Employment Agreement (National CineMedia, LLC)

Base Salary. The Company shall agrees to pay the Executive a an annual base salary ("Base Salary") at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments 400,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 1 contract

Samples: Employment Agreement (P3 Health Partners Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments 500,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be increased (but not decreased) from time to time by the Board. The base salary as determined herein and as may be increased from time-to-time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Alight, Inc. / Delaware)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments 900,000, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management, but in no event less frequently than monthly. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof), and may be upwardly adjusted from time to time by the Board. The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Apparel Holding Corp.)

Base Salary. The Company shall pay to Executive a an annual base salary ("Base Salary") at a rate of $200,000 in accordance with the Company’s normal payroll procedures. The Compensation Committee of the Board of Directors of the Company (the “Board”) shall review the Executive’s Base Salary no less than $750,000 per year. Executive's annually and may increase (but not decrease) such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to during the deduction of payroll taxes and similar assessments as required by lawTerm.

Appears in 1 contract

Samples: Employment Agreement (Soliton, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 150,000 payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board (or such committee). The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Advanced Cannabis Solutions, Inc.)

Base Salary. The Company shall pay Executive a base salary at the annual rate of $590,000 payable in accordance with the Company’s payroll practices for similarly situated executives ("the “Base Salary") at a rate of no less than $750,000 per year”). Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review annually by and at the deduction sole discretion of payroll taxes and similar assessments as required by lawthe Compensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Executive Employment Agreement (Powell Industries Inc)

Base Salary. The Company shall pay to Executive a base salary of $200,000 per year ("the “Base Salary") at a rate of ”), payable in accordance with the Company’s usual pay practices (and in any event no less frequently than $750,000 per yearmonthly). Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review annually by and at the deduction sole discretion of payroll taxes the Compensation Committee of the Board based on the Company’s performance, Executive’s performance and similar assessments as required by lawtaking into account the recommendation of the President. Such adjusted annual base salary shall then become Executive’s “Base Salary” for purposes of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Basin Water, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per year385,000, payable semi-monthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review and adjustment from time to time by the deduction Board (or a committee thereof) in its sole discretion, but may not be decreased. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Synthetic Biologics, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year370,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 1 contract

Samples: Employment Agreement (Blucora, Inc.)

Base Salary. The Company shall pay to Executive a base salary ("Base Salary") Salary at a the rate of no less than $750,000 108,000 per year. Executive's Base Salary shall be paid in installments annum, payable in accordance with the Company's normal payment schedule for its senior managementstandard payroll policies. All payments The Company shall be subject entitled to the deduction of payroll deduct or withhold all taxes and similar assessments as charges which the Company may be required to deduct or withhold therefrom. The Base Salary will be reviewed not less than annually by lawthe Committee.

Appears in 1 contract

Samples: Employment Agreement (Eagle Pacific Industries Inc/Mn)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year600,000, payable in accordance with the regular payroll practices of the Company, but no less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein and as may be adjusted upward from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Commercial Vehicle Group, Inc.)

Base Salary. Company shall pay Executive a The Executive's base salary ("the “Base Salary") shall be paid in accordance with the Company's regular payroll practices in effect from time to time, but not less frequently than in monthly installments. The Executive's initial Base Salary shall be at a an annualized rate of no less than Five Hundred Thousand Dollars ($750,000 per year500,000). The Company will review the Executive's Base Salary shall be paid at least annually and may increase the Executive's Base Salary from the rate then in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by laweffect based on such review.

Appears in 1 contract

Samples: Employment Agreement (Corelogic, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no $500,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than $750,000 per yearmonthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a committee thereof) at least annually and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Radius Health, Inc.)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year750,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein and as may be adjusted upward from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Commercial Vehicle Group, Inc.)

Base Salary. The Company shall pay to Executive a base salary ("Base Salary") Salary at a the rate of no less than $750,000 90,000 per year. Executive's Base Salary shall be paid in installments annum, payable in accordance with the Company's normal payment schedule for its senior managementstandard payroll policies. All payments The Company shall be subject entitled to the deduction of payroll deduct or withhold all taxes and similar assessments as charges which the Company may be required to deduct or withhold therefrom. The Base Salary will be reviewed not less than annually by lawthe Committee.

Appears in 1 contract

Samples: Employment Agreement (Eagle Pacific Industries Inc/Mn)

Base Salary. The Executive shall be paid a Base Salary by the Company shall pay Executive a base salary ("Base Salary") at a rate of no not less than $750,000 per yearUS$375,000.00, payable in accordance with the Company’s regular pay practices. Executive's Such Base Salary shall be paid in installments subject to annual review in accordance with the Company's normal payment schedule ’s practices for its senior management. All payments shall executives as in effect from time to time and may be subject to increased at the deduction discretion of payroll taxes and similar assessments as required by lawthe Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Security Capital Assurance LTD)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no not less than $750,000 per year200,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction of payroll taxes and similar assessments as required by lawBoard (or a committee thereof).

Appears in 1 contract

Samples: Employment Agreement (Infospace Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per yearUS$ 420,000. The Base Salary will be payable bimonthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review by the deduction Board (or a Committee thereof) at least annually and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Eloxx Pharmaceuticals, Inc.)

Base Salary. The Executive shall be paid a Base Salary by the Company shall pay Executive a base salary ("Base Salary") at a rate of no less than $750,000 per yearUS$600,000.00, payable in accordance with the Company's regular pay practices. Executive's Such Base Salary shall be paid in installments subject to annual review in accordance with the Company's normal payment schedule practices for its senior management. All payments shall executives as in effect from time to time and may be subject to increased (but not decreased) at the deduction discretion of payroll taxes and similar assessments as required by lawthe Compensation Committee of the Company Board (the "Compensation Committee").

Appears in 1 contract

Samples: Employment Agreement (Xl Capital LTD)

Base Salary. For all services rendered by Executive and all covenants and conditions undertaken by him pursuant to this Agreement, the Company shall pay Executive a in accordance with its normal payroll practices (but not less frequently than semi-monthly) an annual base salary of $400,000 ("as adjusted from time to time, the “Base Salary") at a rate of no less than $750,000 per year”). Executive's Such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to reviewed annually by the deduction of payroll taxes and similar assessments as required by lawBoard taking into consideration all appropriate performance metrics.

Appears in 1 contract

Samples: Employment Agreement (Aligos Therapeutics, Inc.)

Base Salary. The Company shall pay to Executive a an annual base salary ("Base Salary") at a rate of $225,000, less applicable withholdings and deductions, in accordance with the Company’s normal payroll procedures. The Compensation Committee shall review the Executive’s Base Salary no less than $750,000 per year. Executive's annually and may increase (but not decrease) such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to during the deduction term of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ecm Energy Services Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year523,628, payable in accordance with the regular payroll practices of the Company or one of its affiliates (including, without limitation, ACFP), but not less frequently than monthly. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review for increase by the deduction Board in its discretion. The Base Salary, as increased from time to time, shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (BurgerFi International, Inc.)

Base Salary. During the Employment Term, the Company shall pay to the Executive a base salary of not less than $ 961,175 per annum ("the “Base Salary"”). The Board shall review Executive’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) at a rate of and increase it by an amount no less than $750,000 per the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year. Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by law.

Appears in 1 contract

Samples: Employment Agreement (Strategic Education, Inc.)

Base Salary. The Company shall pay Executive a an initial base salary of Two Hundred Thousand Dollars ("Base Salary"$200,000) at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments annum in accordance with Company's normal payment schedule for its senior managementcustomary payroll practices. All payments Such base salary shall be subject to annual review and increase by the deduction Board of payroll taxes and similar assessments as required by lawDirectors or a compensation committee thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Envision Development Corp /Fl/)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a monthly rate of no less than $750,000 per yearUS$9,097.42, payable in a single installment on the last day of each month. The Executive will be responsible for his own income tax payable to relevant federal and state authorities in the United States. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (China Advanced Construction Materials Group, Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per year. Executive's Base Salary shall be paid in installments 825,000, commencing on the Effective Date, payable in accordance with the regular payroll practices of the Company's normal payment schedule for its senior management. All payments The Executive’s base salary shall be subject to annual review by the deduction Board (or a committee thereof) and may be increased, but not decreased, from time to time by the Board (or such committee). The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (P&f Industries Inc)

Base Salary. Company During his employment under this Agreement, the Executive shall pay Executive be paid a base salary ("Base Salary") at a rate of no less than $750,000 per yearUS$ 200,000 subject to annual review. Executive's Base Salary The Executive shall be paid in installments no less frequently than monthly in accordance with the Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of ’s payroll taxes and similar assessments as required by lawpractices.

Appears in 1 contract

Samples: Employment Agreement (Imax Corp)

Base Salary. The Company shall pay the Executive a base salary ("Base Salary") at a rate of no less than $750,000 400,000 per year, which will be reviewed annually by the Company during the term of this Agreement in accordance with its compensation practices regarding senior executives. The Executive's Base Salary shall be paid in installments biweekly in accordance with the Company's normal payment schedule for its senior managementpayroll schedule. All payments shall be subject to the Executive's chosen benefit deductions and the deduction of payroll taxes and similar assessments as required by law.

Appears in 1 contract

Samples: Employment Agreement (Harrahs Entertainment Inc)

Base Salary. The Company shall pay Executive a cash base salary ("Base Salary") at a an annual rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments 325,000, payable in accordance with the Company's normal payment schedule ’s standard payroll practices, pro-rated as necessary in the event that Executive is not employed for its senior managementany part of the applicable pay period. All payments The Company shall perform an annual review of Executive’s Base Salary based on Executive’s performance, performance objectives and the Company’s other compensation policies. Executive’s Base Salary may be subject increased (but may never be decreased) on an annual basis pursuant to the deduction of payroll taxes and similar assessments as required by lawsuch annual review.

Appears in 1 contract

Samples: Employment Agreement (Rivian Automotive, Inc. / DE)

Base Salary. The Company shall agrees to pay or cause to be paid to the Executive during the term of this Agreement a base salary at the rate of $700,000 per year or such larger amount as the Board may from time to time determine (the "Base Salary") at a rate of no less than $750,000 per year); provided, however, that the Board shall not be required to review the Base Salary until August 1999. Executive's The Base Salary shall be paid in installments payable in accordance with the Company's normal payment schedule for customary practices applicable to its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by lawexecutives.

Appears in 1 contract

Samples: Employment Agreement (Readers Digest Association Inc)

Base Salary. The Company shall agrees to pay the Executive a base salary ("the “Base Salary") at a an annual rate of no less than $750,000 per year393,750, payable semi-monthly in accordance with the regular payroll practices of the Company. The Executive's ’s Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to review and adjustment from time to time by the deduction Board (or a committee thereof) in its sole discretion, but may not be decreased. The base salary as determined herein from time to time shall constitute “Base Salary” for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Theriva Biologics, Inc.)

Base Salary. The Company shall agrees to pay to the Executive a base salary ("Base Salary") at a an annual rate of no not less than $750,000 per yearUS$5,095, payable in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to annual review by the deduction Board (or a committee thereof). The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Allstar Restaurants)

Base Salary. The Company shall pay the Executive a base salary at the rate One Hundred and Sixty Thousand Dollars ("Base Salary"$160,000) at a rate of no less than $750,000 per year. Executive's Base Salary shall be paid in installments annum in accordance with Company's normal payment schedule the payroll practices of the Company for its senior management. All payments shall be executives, subject to annual merit salary reviews by the deduction of payroll taxes and similar assessments as required by lawChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Ben & Jerrys Homemade Inc)

Base Salary. The Company shall pay Executive a base salary at an annual rate of Seven Hundred Twenty-Five Thousand Dollars ("$725,000) per year (as adjusted pursuant to this Section 3(a), the “Base Salary") at a rate of no less than $750,000 per year”). Executive's Annually, beginning March 2008, the Board shall review the Base Salary shall be paid and in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to the deduction of payroll taxes and similar assessments as required by lawdiscretion determine whether merit-based adjustments are appropriate.

Appears in 1 contract

Samples: Employment Agreement (Amerigroup Corp)

Base Salary. The Company shall pay to Executive a an annual base salary ("Base Salary") at a rate of USD$ 60,000 paid monthly in accordance with the Company’s normal payroll procedures. The Compensation Committee shall review the Executive’s Base Salary no less than $750,000 per year. Executive's annually and may increase (but not decrease) such Base Salary shall be paid in installments in accordance with Company's normal payment schedule for its senior management. All payments shall be subject to during the deduction term of payroll taxes and similar assessments as required by lawthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Elite Education Group International LTD)

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