Common use of Base Salary Clause in Contracts

Base Salary. During the Term, the Executive’s annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 3 contracts

Sources: Employment Agreement (Jounce Therapeutics, Inc.), Employment Agreement (Jounce Therapeutics, Inc.), Employment Agreement (Esperion Therapeutics, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,0001,500,000 (as may be increased from time to time, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Board will review the Base Salary will be payable at least annually and may increase it at any time for any reason, in a manner that is consistent with the Company’s usual payroll practices for senior executivesits sole discretion; however, it shall have no obligation to do so.

Appears in 3 contracts

Sources: Employment Agreement (Calpine Corp), Employment Agreement (Calpine Corp), Employment Agreement (Calpine Corp)

Base Salary. During the Term, the The Executive’s annual base salary will be $370,000, subject to redetermination by 370,000.00 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will ”), which shall be payable paid ratably by the Company to the Executive each month in a manner that is consistent accordance with the Company’s usual payroll practices for senior executivesas in effect from time to time. The Base Salary shall be reviewed on an annual basis following the 2015 calendar year and may be increased (but not decreased) by the Board, with any such increase taking effect as of the first day of the applicable calendar year.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Neuronetics, Inc.), Employment Agreement (Neuronetics, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will rate shall be $370,000, subject to redetermination 480,000 per year. The Executive’s base salary shall be re-determined annually by the BoardBoard or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The annual base salary rate in effect at any given time is referred to herein as “Base Salary.” The Executive’s Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 3 contracts

Sources: Employment Agreement (Bluebird Bio, Inc.), Employment Agreement (Bluebird Bio, Inc.), Employment Agreement (Bluebird Bio, Inc.)

Base Salary. During The Company shall pay the Executive an annualized base salary of $340,000.00 in periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term, the . The Executive’s annual base salary will be $370,000salary, subject to redetermination by the Board. The annual base salary as in effect at any given from time to time, is hereinafter referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

Base Salary. During Commencing as of January 1, 2005, and thereafter during the TermEmployment Period, Executive’s base salary shall be $391,406.28 per annum, (as adjusted from time to time, the Executive’s annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in a manner that is consistent regular installments in accordance with the Company’s usual general payroll practices for senior executivesand shall be subject to customary withholding.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Warner Chilcott LTD), Employment Agreement (Warner Chilcott CORP)

Base Salary. During the Term, the Executive’s The Executive shall receive an annual base salary will be $370,000, subject to redetermination by (the Board. The annual base salary in effect at any given time is referred to herein as Annual Base Salary.” The Base Salary will be ”) at a rate of $216,000, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices policies. The Annual Base Salary shall be reviewed for senior increase at least annually pursuant to its normal performance review policies for executives. The Annual Base Salary shall not be reduced after any increase and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.

Appears in 3 contracts

Sources: Employment Agreement (Columbia Banking System Inc), Employment Agreement (Columbia Banking System Inc), Employment Agreement (Columbia Banking System Inc)

Base Salary. During the Term, the Executive’s annual base salary will shall be at an annual rate of one hundred fifty thousand dollars ($370,000150,000), subject to redetermination by normal withholding. Such salary shall be paid in substantially equal installments on the Board15th and last day of each month. The annual Executive’s base salary in effect at any given time is referred to herein as “Base Salaryand incentive bonus shall be reviewed annually starting the earlier of within 60 days from the NASDAQ up-listing date or December 31, 2018.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (World Technology Corp.), Employment Agreement (World Technology Corp.)

Base Salary. During the TermThe Executive’s base salary hereunder, from July 1, 2001 to December 31, 2003, shall be $550,000 per year, payable semi-monthly. Effective January 1, 2004, the Executive’s annual base salary will hereunder shall be $370,000605,000 per year, subject to redetermination by the Boardpayable semi-monthly. The annual Board shall review such base salary at least annually and make such adjustment from time to time as it may deem advisable, but the base salary shall not at any time be reduced from the base salary in effect at any given from time is referred to herein as “Base Salarytime.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Vanguard Health Systems Inc), Employment Agreement (Vanguard Health Systems Inc)

Base Salary. During Commencing as of the TermEffective Date, the Executive’s annual base salary will Executive shall be paid an annualized Base Salary of $370,000, subject 275,000. Such Base Salary shall be payable at intervals in accordance with the regular payroll practices of the Company applicable to redetermination by the Boardsenior executives but no less frequently than monthly. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with reviewed no less frequently than annually during the Company’s usual payroll practices Term of Employment for senior executivesincreases. The Base Salary shall not be decreased at any time, or for any purpose, during the Term of Employment (including, without limitation, for the purpose of determining benefits due under Section 9).

Appears in 2 contracts

Sources: Employment Agreement (Exchange Applications Inc), Employment Agreement (Exchange Applications Inc)

Base Salary. During the TermEmployment Period, the Executive’s Executive shall receive from the Company an annual base salary will ("Annual Base Salary") of $575,000, payable in equal installments at intervals not less frequent than monthly. The Executive's Annual Base Salary may be $370,000, subject to redetermination increased by the BoardBoard which shall review it annually in January of each year. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Executive's Annual Base Salary will shall not be payable reduced below $575,000, and the term Annual Base Salary as utilized in a manner that is consistent with the Company’s usual payroll practices for senior executivesthis Agreement shall refer to Annual Base Salary as so increased.

Appears in 2 contracts

Sources: Employment Agreement (Amf Bowling Worldwide Inc), Employment Agreement (Amf Bowling Inc)

Base Salary. During As of the TermCommencement Date, the Executive’s annual base salary will shall be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as 750,000 (“Base Salary.” ”), which shall be prorated for calendar year 2017. The Base Salary will may not be decreased during the Term. The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Citrix Systems Inc)

Base Salary. During The Executive’s annualized Base Salary as of the Termdate of this Agreement is $424,360.00, payable in accordance with the regular payroll practices of the Company. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive’s annual base salary will Base Salary) shall be $370,000, subject to redetermination by solely within the discretion of the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. During the Term, the Executive’s annual base salary (as may be increased from time to time, “Base Salary”) will be $370,000300,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be less payroll deductions and all required withholdings, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivespractices. The Company shall review Executive’s Base Salary periodically and any increase to Executive’s Base Salary, if any, will be made solely at the discretion of the Company.

Appears in 2 contracts

Sources: Employment Agreement (Venus Concept Inc.), Employment Agreement (Venus Concept Inc.)

Base Salary. During the Term, the The Executive’s annual base salary (the “Base Salary”) will be $370,000, subject to redetermination by the Board75,000. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with such installments as are applicable to employees of the Company’s usual payroll practices for senior executivesCompany at substantially the same service level as the Executive.

Appears in 2 contracts

Sources: Employment Agreement (Anworth Mortgage Asset Corp), Employment Agreement (Anworth Mortgage Asset Corp)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 275,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Sources: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as 1,000,000 (“Base Salary.” ) The Base Salary will may not be decreased during the Term. The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Citrix Systems Inc), Employment Agreement (Citrix Systems Inc)

Base Salary. During Starting on the TermStart date, the Executive’s Executive will be paid an annual base salary of $375,000, which will be $370,000payable on a bi-monthly basis, subject pursuant to redetermination the Company’s regular payroll policies. Executive’s salary will be reviewed annually and may be adjusted by the Board. The annual base salary in effect at Company shall withhold from any given time is referred compensation or benefits payable under this Agreement any federal, state and local income, employment or other similar taxes as may be required to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.withheld pursuant to any applicable law or regulation

Appears in 2 contracts

Sources: Executive Employment Agreement (Sagimet Biosciences Inc.), Executive Employment Agreement (Sagimet Biosciences Inc.)

Base Salary. During the Term, the Executive’s annual rate of base salary will shall be $370,000, subject to redetermination by 700,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Bank shall pay the Base Salary in periodic installments in accordance with its payroll practices. The Base Salary will shall be payable in reviewed at least annually by the Bank, or a manner that is consistent with the Company’s usual payroll practices for senior executivescommittee thereof, and may be increased (but not decreased).

Appears in 2 contracts

Sources: Employment Agreement (Flagstar Financial, Inc.), Employment Agreement (Flagstar Financial, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as (“Base Salary.” ”) shall be two hundred fifty thousand dollars ($250,000) per year payable in equal amounts twice monthly. The Company Board of Directors will review executives Base Salary on an annual basis, however, Company makes no assurances that executives Base Salary will be payable in a manner that is consistent with increased during the Company’s usual payroll practices for senior executivesterm.

Appears in 2 contracts

Sources: Executive Employment Agreement (Axonics Modulation Technologies, Inc.), Executive Employment Agreement (Axonics Modulation Technologies, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000, subject to redetermination 340,000. The Executive’s base salary may be redetermined by the BoardCompany’s Compensation Committee, after consultation with the CEO. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Vericel Corp), Employment Agreement (Vericel Corp)

Base Salary. During the Term, the The Executive’s annual base salary will rate shall be $370,000, subject to redetermination 450,000 per year. The Executive’s base salary shall be re-determined annually by the BoardBoard or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The annual base salary rate in effect at any given time is referred to herein as “Base Salary.” The Executive’s Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Bluebird Bio, Inc.), Employment Agreement (Bluebird Bio, Inc.)

Base Salary. During the TermThe Executive's base salary hereunder shall be $605,000 per year, payable semi-monthly. Commencing on January 1, 2005, the Executive’s annual Board shall review such base salary will at least annually and make such adjustments from time to time as it may deem advisable, but the base salary shall not at any time be $370,000, subject to redetermination by reduced from the Board. The annual base salary in effect at any given from time is referred to herein as “Base Salarytime.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (VHS of Anaheim Inc), Employment Agreement (VHS of Anaheim Inc)

Base Salary. During the Term, the Executive’s annual base salary (“Base Salary”) will be $370,000370,000 in U.S. Dollars, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be less payroll deductions and all required withholdings, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesin effect from time to time. The Board or a committee of the Board shall review Executive’s Base Salary at least annually to determine if adjustments upward to Executive’s Base Salary, if any, will be made solely at the discretion of the Board or a committee of the Board.

Appears in 2 contracts

Sources: Employment Agreement (Pieris Pharmaceuticals, Inc.), Employment Agreement (Pieris Pharmaceuticals, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 350,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 2 contracts

Sources: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000345,000, subject to redetermination by the BoardBoard or the Compensation Committee. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000, subject to redetermination by (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”) shall be $1,500,000. The Base Salary shall be payable in periodic installments in accordance with the usual practice of the Company for its senior executives. Executive’s Base Salary will be payable in a manner that is consistent with reviewed but not necessarily increased annually as part of the Company’s usual payroll practices for senior executivesmerit review process.

Appears in 2 contracts

Sources: Employment Agreement (Pactiv Evergreen Inc.), Employment Agreement (Reynolds Group Holdings LTD)

Base Salary. During As of the TermEffective Date, the Executive’s annual base salary will is $275,000. The Executive’s base salary shall be $370,000, subject to redetermination reviewed annually by the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Hortonworks, Inc.), Employment Agreement (Hortonworks, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will be rate as of the Effective Date is $370,000850,000, subject to redetermination withholding under applicable law. The Executive’s base salary rate shall be determined annually by the Compensation Committee of the Board, but may not be decreased. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Separation Agreement and General Release (Synopsys Inc), Employment Agreement (Ansys Inc)

Base Salary. During the Term, the The Executive’s annual base salary will rate shall be $370,000435,000 per year, subject to redetermination effective October 19, 2020. The Executive’s base salary shall be re-determined annually by the BoardBoard or the Compensation Committee of the Board of Directors (the “Compensation Committee”). The annual base salary rate in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.as

Appears in 2 contracts

Sources: Employment Agreement (Bluebird Bio, Inc.), Employment Agreement (Bluebird Bio, Inc.)

Base Salary. During The Executive's annualized Base Salary as of the Termdate of this Agreement is $424,360.00, payable in accordance with the Executive’s annual base salary will be $370,000, subject to redetermination by regular payroll practices of the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Company’s usual payroll practices for senior executivesExecutive's Base Salary) shall be solely within the discretion of the Board.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. During The Company shall pay Executive a minimum annual salary of one hundred forty-five thousand dollars ($145,000), or in the Termevent of any portion of a year, the a pro rata amount of such annual salary. Executive’s annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary payable as earned in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent accordance with the Company’s usual customary payroll practices for senior executivespractice. Executive shall also be entitled to a merit increase based on his base salary and subsequent to performance review, on his anniversary date beginning December 30, 2014 and each year thereafter while Executive is employed by the Company.

Appears in 2 contracts

Sources: Employment Agreement (Iradimed Corp), Employment Agreement (Iradimed Corp)

Base Salary. During the Term, the Executive’s annual base salary will be at a rate of not less than $370,000, subject to redetermination by 1,275,000 per annum (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The ”). Such Base Salary will shall be payable paid in a manner that is consistent accordance with the Company’s usual payroll practices for senior executivesand policies then in effect. The Base Salary shall be reviewed at least annually by the Board (and/or the Compensation Committee thereof) and may be increased, but not decreased, in its discretion, in which event any increased Base Salary shall be deemed the Base Salary under this Agreement.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Centric Brands Inc.)

Base Salary. During Commencing as of January 1, 2005, and thereafter during the TermEmployment Period, Executive’s base salary shall be $375,000.00 per annum, (as adjusted from time to time, the Executive’s annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in a manner that is consistent regular installments in accordance with the Company’s usual general payroll practices for senior executivesand shall be subject to customary withholding.

Appears in 2 contracts

Sources: Employment Agreement (Warner Chilcott LTD), Employment Agreement (Warner Chilcott CORP)

Base Salary. During the Term, the The Executive’s annual 's base salary will hereunder shall be ----------- $370,000225,000 a year, subject to redetermination by the Boardpayable monthly and prorated for any partial year of employment. The annual Board shall review such base salary in effect at least annually and make such adjustment from time to time as it may deem advisable, but the base salary shall not at any given time is referred to herein as “Base Salarybe less than $225,000 a year.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Paragon Health Network Inc), Employment Agreement (Paragon Health Network Inc)

Base Salary. During the Term, the The Executive’s annual base salary will during the Employment Period shall be $370,000, subject to redetermination by 888,500.00 per year (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will be payable to the Executive by the Company in a manner that is consistent regular installments in accordance with the Company’s usual general payroll practices for senior executivespractices. The Executive shall receive such increases (but not decreases) in his Base Salary as the Board, or the compensation committee of the Board (the “Compensation Committee”), may approve in its sole discretion from time to time. Following the three-year anniversary of the Effective Date, the Base Salary shall be reviewed at least annually.

Appears in 2 contracts

Sources: Employment Agreement (XCel Brands, Inc.), Employment Agreement (XCel Brands, Inc.)

Base Salary. During the Term, Term the Executive’s annual base salary will shall be Two Hundred Fifty Thousand Dollars ($370,000250,000.00) per year, subject to redetermination which shall be payable by the Board. The annual base salary Company to the Executive in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is installments consistent with the Company’s usual normal payroll practices for senior executivesschedule, subject to customary withholding as required by applicable law. This annual base salary shall be reviewed by the Board periodically, and the Board may adjust the Executive’s annual base salary from time to time as the Board deems to be appropriate subject to Executive’s performance, the Company’s financial condition and market conditions.

Appears in 2 contracts

Sources: Executive Employment Agreement (Oragenics Inc), Executive Employment Agreement (Oragenics Inc)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000400,000, subject to redetermination by the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000300,000, subject to redetermination by the BoardBoard or the Compensation Committee. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.. (b)

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Base Salary. During the Term, the The Executive’s annual 's base salary will hereunder shall be ----------- $370,000290,000 a year, subject to redetermination by the Boardpayable monthly and prorated for any partial year of employment. The annual Board shall review such base salary in effect at least annually and make such adjustment from time to time as it may deem advisable, but the base salary shall not at any given time is referred to herein as “Base Salarybe less than $290,000 a year.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Paragon Health Network Inc), Employment Agreement (Paragon Health Network Inc)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000, subject to redetermination 374,000. The Executive’s base salary may be redetermined by the BoardCompany’s Compensation Committee, after consultation with the CEO. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Vericel Corp)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000300,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Jounce Therapeutics, Inc.), Employment Agreement (Jounce Therapeutics, Inc.)

Base Salary. During the Term, the Executive’s annual base salary The Executive will be paid a salary of $370,00020,833.00 per month ($250,000.00 annualized), subject to redetermination by less required withholdings (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will is inclusive of an automobile allowance in the amount of $1,100 per month. The Base Salary shall be payable in a manner that is consistent with arrears in equal monthly or bi-weekly instalments. The Base Salary shall be reviewed annually and may be increased in the Company’s usual payroll practices for senior executivessole discretion of Noram.

Appears in 2 contracts

Sources: Executive Employment Agreement (Ausam Energy Corp), Executive Employment Agreement (Ausam Energy Corp)

Base Salary. During The Executive's annualized Base Salary as of the Termdate of this Agreement is $355,249.78, payable in accordance with the Executive’s annual base salary will be $370,000, subject to redetermination by regular payroll practices of the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Company’s usual payroll practices for senior executivesExecutive's Base Salary) shall be solely within the discretion of the Board.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000375,000, subject to redetermination by the BoardBoard or the Compensation Committee. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Base Salary. During The Executive's annualized Base Salary as of the Termdate of this Agreement is $458,719.77, payable in accordance with the Executive’s annual base salary will be $370,000, subject to redetermination by regular payroll practices of the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Company’s usual payroll practices for senior executivesExecutive's Base Salary) shall be solely within the discretion of the Board.

Appears in 2 contracts

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma), Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000270,000, subject to redetermination by the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000432,500, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Jounce Therapeutics, Inc.), Employment Agreement (Jounce Therapeutics, Inc.)

Base Salary. During the Term, the Executive’s annual base salary (“Base Salary”) will be $370,000250,000.00, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be less payroll deductions and all required withholdings, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivespractices. The Board or a committee of the Board shall review Executive’s Base Salary periodically and any adjustments to Executive’s Base Salary, if any, will be made solely at the discretion of the Board or a committee of the Board.

Appears in 2 contracts

Sources: Employment Agreement (Corvus Pharmaceuticals, Inc.), Employment Agreement (Relypsa Inc)

Base Salary. During Executive will be paid a base salary at the Termannual rate of $531,756, payable in accordance with the Executive’s annual base Company's standard payroll practices for salaried employees. This salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.reevaluation on each March 1, commencing March 1,

Appears in 2 contracts

Sources: Employment Agreement (St Joe Co), Employment Agreement (St Joe Co)

Base Salary. During the Term, the The Executive’s annual 's base salary will for each Employment Year under this Agreement (May 15, 1997 through May 15, 2001) shall be at the rate of Four Hundred Thousand Dollars ($370,000, subject to redetermination 400,000) per annum. Such base salary may be increased based on periodic reviews by the BoardCompensation Committee of the Board of Directors. The annual Executive's base salary shall be paid throughout the year, in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent accordance with normal payroll practices of the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Ic Isaacs & Co Inc), Employment Agreement (Ic Isaacs & Co Inc)

Base Salary. During the Term, the Executive’s annual base salary will shall be three hundred nine thousand dollars ($370,000, subject to redetermination by the Board309,000). The annual base salary rate in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement (Borderfree, Inc.), Employment Agreement (Borderfree, Inc.)

Base Salary. During the TermThe Executive's base salary hereunder, from September 23, 2004 to December 31, 2004, shall be $605,000 per year, payable semi-monthly. Effective January 1, 2005, the Executive’s annual 's base salary will hereunder shall be $370,000623,150 per year, subject to redetermination by the Boardpayable semi-monthly. The annual Board shall review such base salary at least annually and make such adjustments from time to time as it may deem advisable, but the base salary shall not at any time be reduced from the base salary in effect at any given from time is referred to herein as “Base Salarytime.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives."

Appears in 2 contracts

Sources: Employment Agreement (VHS Acquisition Subsidiary Number 8 Inc), Employment Agreement (VHS Acquisition Subsidiary Number 8 Inc)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000480,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Esperion Therapeutics, Inc.)

Base Salary. During Executive will be paid a base salary at the Termannual rate of $766,782, payable in accordance with the Executive’s annual base Company's standard payroll practices for salaried employees. This salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.reevaluation on each March 1, commencing March 1,

Appears in 2 contracts

Sources: Employment Agreement (St Joe Co), Employment Agreement (St Joe Co)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject 273,000 and shall be proportionally increased in the event Executive increases her time commitment to redetermination the Company in excess of 30 hours per week. The Executive’s base salary shall be reviewed annually by the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivesexecutive officers.

Appears in 2 contracts

Sources: Employment Agreement (Xeris Pharmaceuticals Inc), Employment Agreement (Xeris Pharmaceuticals Inc)

Base Salary. During Commencing as of the TermStart Date, the Executive’s annual Executive shall receive base salary will be at the annual rate of $370,000, subject to redetermination by 225,000 (the Board“Annual Base Salary”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Annual Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practice for executives as in effect from time to time, and shall be subject to review annually in accordance with the Company’s review policies and practices for senior executivesexecutives as in effect at the time of any such review.

Appears in 1 contract

Sources: Executive Employment Agreement (Standard Parking Corp)

Base Salary. During the TermEffective January 1, the 2013, Executive’s annual base salary will shall be $370,000580,000 (as adjusted from time to time, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will be payable paid periodically in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesand be subject to the usual, required withholdings. Executive’s Base Salary shall be reviewed by the Board or the Compensation Committee of the Board not less often than annually, and may be adjusted from time to time.

Appears in 1 contract

Sources: Executive Employment Agreement (Sarepta Therapeutics, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000340,000, which is subject to review and redetermination by the BoardCompany from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Voyager Therapeutics, Inc.)

Base Salary. During Following the TermEffective Date, the Executive’s annual base salary will shall be $370,000, subject to redetermination 680,000. The Executive’s base salary may be reviewed and adjusted by the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivesexecutive officers.

Appears in 1 contract

Sources: Employment Agreement (Xeris Biopharma Holdings, Inc.)

Base Salary. During the Term, the Executive’s 's annual base salary will is $185,500 payable in semimonthly installments (the "Base Salary"). Executive's base salary shall be $370,000, subject to redetermination annual review by the Board's Compensation Committee. The annual base salary in effect at any given time is referred to herein as “Taking into account the committee's recommendation, the Board may increase the Base Salary.” The , but the Base Salary will shall not be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivesreduced.

Appears in 1 contract

Sources: Employment Agreement (Premierwest Bancorp)

Base Salary. During The Executive’s annualized Base Salary as of the Termdate of this Agreement is $700,000, payable in accordance with the regular payroll practices of the Company. The Base Salary shall be reviewed no less frequently than annually, and any changes thereto (which shall thereafter be deemed the Executive’s annual base salary will Base Salary) shall be $370,000, subject to redetermination by solely within the discretion of the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Vertex Pharmaceuticals Inc / Ma)

Base Salary. During the Term, the The Executive’s annual base salary will rate shall be $370,000, 350,000 per year (or $29,167 per month). The Executive’s base salary rate shall be subject to redetermination review annually by the BoardBoard or its Compensation Committee (“Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivespractices.

Appears in 1 contract

Sources: Employment Agreement (Mevion Medical Systems, Inc.)

Base Salary. During As of the TermEffective Date, the Executive’s annual annualized base salary will shall be $370,000, subject to redetermination by 650,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be provided in consideration for Executive’s services under this Agreement, and payable on a not less than biweekly basis, in a manner that is consistent conformity with the Company’s usual customary payroll practices for senior executivesexecutives as in effect from time to time.

Appears in 1 contract

Sources: Employment Agreement (Enviva Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 275,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be ”), which is payable in a manner that is consistent regular installments in accordance with the Company’s usual regular payroll practices for senior executivesand subject to all statutory tax deductions and authorized withholdings payroll practices, and shall be subject to customary withholding and other appropriate deductions. The Base Salary shall be reviewed by the Board and may be increased, but not decreased, from time to time during the Term.

Appears in 1 contract

Sources: Executive Employment Agreement (Emergent Capital, Inc.)

Base Salary. During the TermEffective April 1, 2009, the Executive’s annual base salary will hereunder shall be $370,000685,000 per year, subject payable semi-monthly. Commencing July 1, 2010,the Board shall review such base salary at least annually and make such adjustments from time to redetermination by time as it may deem advisable, but the Board. The annual base salary shall not at any time be reduced from the base salary in effect at any given from time is referred to herein as “Base Salarytime.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Vanguard Health Systems Inc)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000300,000, payable in regular installments in accordance with the Company’s general payroll practices. Executive’s base salary will be subject to redetermination by the Boardreview annually. The annual Executive’s first performance and salary review is currently anticipated to be in May 2010 and thereafter performance and base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in reviewed annually on a manner that is schedule consistent with the Company’s usual payroll practices practice for senior executivesofficers (such schedule currently contemplated to be May of each year).

Appears in 1 contract

Sources: Employment Agreement (A.C. Moore Arts & Crafts, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000330,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Jounce Therapeutics, Inc.)

Base Salary. During The Executive’s annual base salary shall be three hundred and fifty thousand dollars ($350,000) per year, which shall be payable by the TermCompany to the Executive in installments consistent with the Company’s normal payroll schedule, subject to customary withholding as required by applicable law. This annual base salary shall be reviewed by the Board periodically, and the Board may adjust the Executive’s annual base salary will from time to time as the Board deems to be $370,000, appropriate subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salaryperformance and market conditions.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Oragenics Inc)

Base Salary. During the TermEffective April 1, 2009, the Executive’s annual base salary will hereunder shall be $370,000522,750 per year, subject payable semi-monthly. Commencing July 1, 2010, the Board shall review such base salary at least annually and make such adjustments from time to redetermination by time as it may deem advisable, but the Board. The annual base salary shall not at any time be reduced from the base salary in effect at any given from time is referred to herein as “Base Salarytime.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Vanguard Health Systems Inc)

Base Salary. During the Term, the The Executive’s annual 's base salary will hereunder shall be ----------- $370,000270,000.00 a year, subject to redetermination by the Boardpayable monthly and prorated for any partial year of employment. The annual Board shall review such base salary in effect at least annually and make such adjustment from time to time as it may deem advisable, but the base salary shall not at any given time is referred to herein as “Base Salarybe less than $270,000.00 a year.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Paragon Health Network Inc)

Base Salary. During As of the TermEffective Date, the Executive’s annual base salary will shall be $370,000, 400,000 which is subject to review and redetermination by the BoardCompany. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivesexecutive employees.

Appears in 1 contract

Sources: Employment Agreement (Surface Oncology, Inc.)

Base Salary. During As of the TermEffective Date, the Executive’s annual annualized base salary will shall be $370,000, subject to redetermination by 364,208.26 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be provided in consideration for Executive’s services under this Agreement, and payable on a not less than biweekly basis, in a manner that is consistent conformity with the Company’s usual customary payroll practices for senior executivesexecutives as in effect from time to time and subject to all withholdings and deductions as detailed in Section 13 below.

Appears in 1 contract

Sources: Employment Agreement (Aviat Networks, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000362,000, which is subject to review and redetermination by the BoardCompany’s Board or the Compensation Committee thereof. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Magenta Therapeutics, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall initially be $370,000, subject to redetermination by 350,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be ”), payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesas in effect from time to time. Such Base Salary shall be subject to periodic review, and may be increased from time to time in the discretion of the Company.

Appears in 1 contract

Sources: Executive Employment Agreement (Apac Customer Service Inc)

Base Salary. During the Term, the The Executive’s annual base salary will during the Employment Period shall be $370,000, subject to redetermination by 826,500.00 per year (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will be payable to the Executive by the Company in a manner that is consistent regular installments in accordance with the Company’s usual general payroll practices for senior executivespractices. The Executive shall receive such increases (but not decreases) in his Base Salary as the Board, or the compensation committee of the Board, may approve in its sole discretion from time to time. Following the three year anniversary of the Effective Date, the Base Salary shall be reviewed at least annually.

Appears in 1 contract

Sources: Employment Agreement (XCel Brands, Inc.)

Base Salary. During the Term, the The Executive’s annual 's base salary will hereunder shall ----------- be $370,000280,000.00 a year, subject to redetermination by the Boardpayable monthly and prorated for any partial year of employment. The annual Board shall review such base salary in effect at least annually and make such adjustment from time to time as it may deem advisable, but the base salary shall not at any given time is referred to herein as “Base Salarybe less than $280,000.00 a year.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Paragon Health Network Inc)

Base Salary. During the Term, the Executive’s annual rate of base salary will shall be $370,000, subject to redetermination 900,000 (the “Base Salary”). The Company shall pay the Base Salary in periodic installments in accordance with its payroll practices. The Base Salary shall be reviewed at least annually by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary, or a committee thereof, and may be increased (but not decreased).” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (New York Community Bancorp Inc)

Base Salary. During the Term, the The Executive’s annual annualized base salary will shall be $370,000, subject to redetermination by 250,000.00 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”), which Base Salary shall be payable in accordance with the Company general payroll practices, including those related to withholding for taxes, insurance and similar items. The Base Salary will shall be payable in a manner that is consistent with reviewed annually by the Company’s usual payroll practices for senior executivesboard of directors (the “Board”) or a subcommittee therefore, and may be adjusted from time to time by the Board or such subcommittee in its sole discretion.

Appears in 1 contract

Sources: Employment Agreement (MultiSensor AI Holdings, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will be is $370,000465,000, which is subject to review and redetermination by the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executivesexecutive employees.

Appears in 1 contract

Sources: Employment Agreement (Surface Oncology, Inc.)

Base Salary. During the Term, the Executive’s Executive shall receive an annual base salary will be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as (“Base Salary.” ”) of $285,000 commencing as of January 1, 2005. The Board, in its discretion, may review the Base Salary periodically and adjust the Base Salary in its sole discretion based on relevant circumstances. The Base Salary will shall be payable by the Company to Executive in a manner that is consistent with equal installments on the Company’s usual payroll practices for senior executivesdates payments of salary are regularly made by the Company to its executive employees subject to all required tax withholdings.

Appears in 1 contract

Sources: Employment Agreement (Bre Properties Inc /Md/)

Base Salary. During the Term, the The Executive’s annual base salary will be an annual rate of $370,000170,000, subject to redetermination by the Boardpayable in equal bi-weekly installments. The annual Board will review the Executive’s base salary in effect at any given time is referred to herein annually and make adjustments as “Base Salary.” The Base Salary it deems appropriate. Necessary withholding taxes, FICA contributions and the like will be payable in a manner that is consistent with deducted from the CompanyExecutive’s usual payroll practices for senior executivesbase salary.

Appears in 1 contract

Sources: Employment Agreement (Universal Hospital Services Inc)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as 330,000.00 per annum (“Base Salary.” ”), which salary shall be payable in regular installments in accordance with the Company’s general payroll practices. The Base Salary will be payable subject to review on an annual basis and may be adjusted in a manner that is consistent accordance with the procedures set forth by the Company’s usual payroll practices for senior executives.Compensation Committee. ​

Appears in 1 contract

Sources: Employment Agreement (Gatos Silver, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 1,500,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Sources: Employment Agreement (Pricesmart Inc)

Base Salary. During Executive shall be paid a base salary ("Base Salary") at the Termannual rate of US$4807.69, the Executive’s payable in bi-weekly installments consistent with Company's payroll practices which is equivalent to an annual base salary will be $370,000, subject to redetermination by the Boardof US$125,000.00. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with reviewed on or before January 1 of each year, unless Senior Manager's employment hereunder shall have been terminated earlier pursuant to this Agreement, starting on January 1st 2000 by the Company’s usual payroll practices Executive Management group of the Company to determine if such Base Salary should be changed for senior executivesthe following year.

Appears in 1 contract

Sources: Employment Agreement (Net Silicon Inc)

Base Salary. During the Term, the Executive’s annual base salary (“Base Salary”) will be $370,000385,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be less payroll deductions and all required withholdings, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivespractices. The Board or a committee of the Board shall review Executive’s Base Salary periodically and any adjustments to Executive’s Base Salary, if any, will be made solely at the discretion of the Board or a committee of the Board.

Appears in 1 contract

Sources: Employment Agreement (Relypsa Inc)

Base Salary. During the Term, the Executive’s 's annual base salary will be is currently seven hundred thousand dollars (U.S.) ($370,000700,000). During the term of this Agreement the Board shall review Executive's salary at least annually and may, subject to redetermination by the Board. The annual in its discretion, increase but not decrease Executive's base salary in effect at any given time is referred to herein as “Base Salarysalary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Vlsi Technology Inc)

Base Salary. During the Term, the Executive’s annual base salary will be $370,000288,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Jounce Therapeutics, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 428,645 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Sources: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, Term the Executive’s annual base salary will shall be Four Hundred and Thirty Thousand Dollars ($370,000430,000) per year, subject to redetermination which shall be payable by the Board. The annual base salary Company to the Executive in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is installments consistent with the Company’s usual normal payroll practices for senior executivesschedule, subject to customary withholding as required by applicable law. This annual base salary shall be reviewed by the Board periodically, and the Board may adjust the Executive’s annual base salary from time to time as the Board deems to be appropriate subject to performance and market conditions.

Appears in 1 contract

Sources: Executive Employment Agreement (Oragenics Inc)

Base Salary. During the TermBeginning October 13, 2020, the Executive’s annual base salary will shall be $370,000, subject to redetermination 401,450. The Executive’s base salary may be redetermined annually by the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”). The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Cogent Biosciences, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will shall be $370,000, subject to redetermination by 720,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Sources: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the The Executive’s annual base salary will be an annual rate of $370,000275,000, subject to redetermination by the Boardpayable in equal bi-weekly installments. The annual Board will review the Executive’s base salary in effect at any given time is referred to herein annually and make adjustments as “Base Salary.” The Base Salary it deems appropriate. Necessary withholding taxes, FICA contributions and the like will be payable in a manner that is consistent with deducted from the CompanyExecutive’s usual payroll practices for senior executivesbase salary.

Appears in 1 contract

Sources: Employment Agreement (Universal Hospital Services Inc)

Base Salary. During the Term, the Executive’s annual base salary (“Base Salary”) will be $370,000300,000 in U.S Dollars, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be less payroll deductions and all required withholdings, payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesin effect from time to time. The Board or a committee of the Board shall review Executive’s Base Salary periodically and any adjustments to Executive’s Base Salary, if any, will be made solely at the discretion of the Board or a committee of the Board.

Appears in 1 contract

Sources: Employment Agreement (Pieris Pharmaceuticals, Inc.)

Base Salary. During the Term, the Executive’s annual base salary will (which includes any additional 13th month pay required by law) shall be $370,000, subject to redetermination by 200,000 (the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary.” ”). The Base Salary will shall be payable in a manner that is consistent accordance with the Company’s usual normal payroll practices for senior executivesprocedures in effect from time to time and may be increased, but not decreased, at the discretion of the Company.

Appears in 1 contract

Sources: Employment Agreement (Pricesmart Inc)

Base Salary. During the Term, the The Executive’s annual base salary will shall be $370,000, subject to redetermination by the Board190,000. The annual Executive’s base salary shall be reviewed annually and adjusted at the discretion of the Bank’s Board of Directors. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will shall be payable in a manner that is consistent with the CompanyBank’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Merchants Bancshares Inc)

Base Salary. During the Term, the The Executive’s annual base salary will be is $370,000410,000, which is subject to review and redetermination by the BoardCompany from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. The Executive shall be eligible to participate in the Company’s annual salary review for the 2020 fiscal year, and in the annual salary review in each subsequent year thereafter.

Appears in 1 contract

Sources: Employment Agreement (Voyager Therapeutics, Inc.)

Base Salary. During the Term, the The Executive’s annual base salary will during the Employment Period shall be $370,00087,500 for the period beginning January 1, subject to redetermination by 2019 through February 15, 2019 and $481,250 for the Board. The annual base salary in effect at any given time is referred to herein as period February 16, 2019 through December 31, 2019 and $550,000 for each of the fiscal years ending December 31, 2020 and 2021 (defined below) (the “Base Salary.” ”). The Base Salary will be payable to the Executive by the Company in a manner that is consistent regular installments in accordance with the Company’s usual general payroll practices for senior executivespractices.

Appears in 1 contract

Sources: Employment Agreement (XCel Brands, Inc.)

Base Salary. During the TermThe Executive will receive a base salary of $225,000.00 per year, the payable in accordance with Company's regular payroll schedule. The Executive’s annual 's performance and salary will be reviewed annually. Any increase in base salary will be $370,000effective as of the January 1 immediately following such review, subject to redetermination by provided that the Board. The annual base salary in effect at any given time is referred to herein first such increase shall be effective as “Base Salaryof January 1, 2005.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Redwood Empire Bancorp)

Base Salary. During The Employer shall pay Executive a base salary (the Term“Base Salary”) at the initial annual rate of $265,000 per year, which Base Salary shall be evaluated annually for potential increase, payable in regular installments in accordance with the usual executive payroll practices of Employer. Executive’s annual base salary will shall be adjusted upward by an additional $370,00010,000 on each September 1 of the Employment Term, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salarybegin September 1, 2015.” The Base Salary will be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives.

Appears in 1 contract

Sources: Employment Agreement (Rhino Resource Partners LP)