Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized annual base salary of $400,000 375,000, payable in accordance with the Company’s standard payroll practices and procedures and subject to change from time-to-time in the Company’s sole discretion (such base salary, as from time-to-time changed, the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly).

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 500,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall compensate and pay to Employee an annualized a base annual salary of $400,000 $ 1 25,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments biweekly installments, or in conformity with such other manner or on such days as the Company may prescribe for the payment of salaries to employees of the Company’s customary payroll practices for similarly situated employees as may exist from time . The Company agrees to time, but no less frequently than monthlyreview Employee's salary annually while this Agreement is in effect.

Base Salary. During the Employment Period, the The Company shall pay to Employee an annualized employee a base annual salary at the rate of $48,000.00 US dollars total per annum, payable at such intervals (at least monthly) as salaries are paid generally to other employees of the Company. The base salary of $400,000 (shall be on an accrual basis and the “Base Salary”) in consideration for Employee’s services under this Agreementfirst payment will be January 30, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly2008.

Base Salary. During the Employment Period, the The Company shall compensate and pay to Employee an annualized a base annual salary of $400,000 275,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments biweekly installments, or in conformity with such other manner or on such days as the Company may prescribe for the payment of salaries to employees of the Company’s customary payroll practices for similarly situated employees as may exist from time . The Company agrees to time, but no less frequently than monthlyreview Employee's salary annually while this Agreement is in effect.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized base salary in the gross amount of $400,000 450,000.00 (the “Base Salary”) in consideration for Employee’s services under this Agreement), which shall be payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist practices. The Company may, in its discretion, but shall not be required to, approve adjustments to Employee’s Base Salary from time to time, but no less frequently than monthlyand if approved, such new amount will become the Base Salary for purposes of this Agreement.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 550,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlytwice per month. The Base Salary shall be subject to annual review by the Compensation Committee of the Board (the “Compensation Committee”).

Base Salary. During the Employment Period, the The Company shall will pay to Employee an annualized a base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreementat an annual rate of Four Hundred and Twenty-Five Thousand Dollars ($425,000), payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist in effect from time to time, but no less frequently than monthly. The Base Salary may be reviewed from time to time by the Company and may be increased in the sole discretion of the Company. The Base Salary may also be decreased in connection with any Company-wide decrease in executive compensation.

Base Salary. During the Employment PeriodTerm of this Agreement, the Company shall pay to Employee an annualized annual base salary of $400,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the Company shall will continue to pay to Employee an annualized you a base salary at the gross annual rate of $400,000 406,000 (the “Base Salary”) ). The Base Salary shall be paid in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary per year in an amount not less than $225,000. Such annual base salary shall be payable in accordance with the Company's customary pay schedule. During the Term, the base salary of $400,000 (Employee shall not be reduced below the “Base Salary”) in consideration for Employee’s services under minimum required by this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlySection.

Base Salary. During the Employment PeriodTerm of this Agreement, the Company shall pay to Employee an annualized annual base salary of $400,000 315,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized annual base salary of $400,000 337,740, payable in accordance with the Company’s standard payroll practices and procedures and subject to change from time-to-time in the Company’s sole discretion (such base salary, as from time-to-time changed, the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly).

Base Salary. During the Employment PeriodTerm of this Agreement, the Company shall pay to Employee an annualized annual base salary of $400,000 475,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee during the Term an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement), which initially shall be $250,000. The Base Salary shall be due and payable in substantially equal bi-weekly installments or in conformity such other installments as may be necessary to comport with the Company’s customary payroll practices normal pay periods for similarly situated employees as all employees. The Base Salary may exist be adjusted from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market conditions.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized base salary of not less than $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement250,000, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist subject to review from time to time, but no less frequently than monthlytime by the Board ("Base Salary"). Base Salary shall be paid in accordance with Company’s usual and customary payroll practices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 (the “"Base Salary”) "), payable in consideration for Employee’s services equal biweekly installments or in accordance with the Company's payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term "Base Salary" shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During From the Employment PeriodEffective Date until changed as provided in this subparagraph, the Company shall pay to Employee an annualized annual base salary of $400,000 275,000.00 (the “Base Salary”) ), prorated for any partial period of employment. The Base Salary shall be payable semi-monthly in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary ordinary payroll practices policies and procedures for similarly situated employees as may exist from time employee compensation. During the Term, Employee’s Base Salary shall be subject to time, but no less frequently than monthlyan annual review and adjustment by the Board in its sole discretion.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary per year in an amount not less than $190,000. Such annual base salary shall be payable in accordance with the Company's customary pay schedule. During the Term, the base salary of $400,000 (Employee shall not be reduced below the “Base Salary”) in consideration for Employee’s services under minimum required by this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlySection.

Base Salary. During the Employment Periodperiod that Employee is employed with the Company hereunder, the Company shall pay to Employee an annualized annual base salary of $400,000 335,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments (or, if different, in accordance with the Company’s services payroll practice as in effect from time to time). For all purposes under this Agreement, payable the term “Base Salary” shall refer to the Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized annual base salary of $400,000 400,000, payable in accordance with the Company’s standard payroll practices and procedures and subject to change from time-to-time in the Company’s sole discretion (such base salary, as from time-to-time changed, the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly).

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized annual base salary of $400,000 350,000, payable in accordance with the Company’s standard payroll practices and procedures and subject to change from time-to-time in the Company’s sole discretion (such base salary, as from time-to-time changed, the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly).

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 350,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 375,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to Employee an annualized a base salary at the annual rate of: (a) ONE HUNDRED THOUSAND DOLLARS ($100,000) for the first twelve (12)-month period of the Term; (b) ONE HUNDRED FIFTY THOUSAND DOLLARS ($400,000 150,000) for the second and third twelve (12)-month periods of the “Base Salary”) Term, in consideration each case prorated for Employee’s services under this Agreement, any portion thereof and payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices 's standard payment schedule for similarly situated employees as may exist from time to time, but no less frequently than monthlyemployees.

Base Salary. During the Employment Period, the Company shall pay to the Employee an annualized a base salary of $400,000 (170,000 per annum, subject to increase by the “Board of Directors of the Company, in its discretion. For convenience of reference, such base salary, as the same may be increased as aforesaid, is referred to herein as the "Base Salary”) in consideration for Employee’s services under this Agreement, ." The Base Salary shall be payable in substantially equal such installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, (but no not less frequently frequent than monthly) as is the policy of the Company generally with respect to its employees.

Base Salary. During the Employment Period, the The Company shall pay to Employee an annualized base salary of $400,000 (the “Base Salary”) Employee, in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary regular payroll practices practices, a base salary at the annualized rate of $340,000 for similarly situated employees as may exist from time fiscal year 2009, subject to time, but no less frequently than monthlyadjustment on an annual basis thereafter by the Board.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary equal to $350,000 per annum for 2019, and, for subsequent years, as determined by the Board upon the recommendation of $400,000 the Compensation Committee (the “Committee”) thereof (“Base Salary”) ). Base Salary may be adjusted from time to time in consideration for accordance with Employee’s services under this Agreementannual performance review. Base Salary shall be subject to all required withholdings of taxes and other applicable amounts, payable which payments will be paid to Employee in substantially equal installments in conformity accordance with the Company’s customary regular payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment PeriodTerm, the Company will pay Employee as compensation for his services a base salary at the annualized rate of $200,000 until January 1, 2007 when the amount shall pay increase to Employee an annualized base salary rate of $400,000 215,000 (the “Base Salary”) ). The Base Salary will be paid periodically in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as may exist from time and be subject to timethe usual, but no less frequently than monthlyrequired withholding.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under ), which shall be $325,000 as of the date of this Agreement, payable subject to applicable federal, state, and local tax withholding. Such Base Salary shall be paid to Employee in substantially equal installments in conformity with the Company’s customary same manner and on the same payroll practices for similarly situated schedule on which other Company employees as receive payment. The Base Salary may exist be adjusted from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market adjustments as determined by Company management.

Base Salary. During the Employment Period, the Company shall pay to the Employee an annualized annual base salary of $400,000 (the “Base Salary”) at the rate of $200,000.00 per year. The Base Salary will be reviewed annually and may be increased at the discretion of the Company. The Base Salary shall be payable semi-monthly or in consideration for Employee’s services under this Agreement, payable in substantially equal such other installments in conformity as shall be consistent with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyprocedures.

Base Salary. During the Employment Period, the The Company shall agrees to pay to Employee an annualized a base salary at the rate of $400,000 350,000 per year (the “Base Salary”) in consideration prorated for Employee’s services under this Agreementany partial years of employment), payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyon regularly scheduled Company pay dates.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 257,680 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly. The Base Salary may be reviewed and adjusted from time to time by the Board in accordance with the Board’s normal practice.

Base Salary. During the Employment Period, the The Company shall pay to the Employee during the Term an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under ), which shall, beginning on the effective date of this amended Employment Agreement, be $295,000. The Base Salary shall be due and payable in substantially equal semi-monthly installments or in conformity such other installments as may be necessary to comport with the Company’s customary payroll practices normal pay periods for similarly situated employees as all employees. The Base Salary may exist be adjusted for increases from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market conditions.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 335,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall agrees to pay to the Employee an annualized a base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreementat an annual rate of $417,011 USD, payable in substantially equal installments in conformity accordance with the Company’s customary regular payroll practices for similarly situated employees as of the Company, but not less frequently than bi-monthly. The Employee’s base salary shall be subject to annual review by the Board, or a committee thereof, and in addition may exist be increased (but not decreased) from time to time, but no less frequently than monthlytime in the Board’s discretion.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 270,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized a base salary at the rate of $400,000 250,000 per annum (the “Base Salary”) in consideration for Employee’s services under this Agreement), payable on a monthly basis in substantially equal monthly installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to timepolicies and procedures, but no less frequently than monthlyincluding withholding requirements.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreementat the rate of $200,000, payable in substantially equal installments at such intervals as may be determined by the Company in conformity accordance with the Company’s customary its ordinary payroll practices for similarly situated employees as may exist established from time to time, but no less frequently than monthly. The Employee’s Base Salary shall increase three percent (3%) effective the first full payroll cycle in 2013 and 2014.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 480,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Periodterm of the Employee’s employment hereunder, the Company shall pay to the Employee an annualized annual base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement250,000, less applicable taxes and withholdings, payable in substantially equal monthly or more frequent installments in conformity with as may be customary under the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly. The Company may review and adjust the Employee’s base salary from year to year.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized a base salary at the gross annualized rate of $400,000 250,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement), payable on monthly basis in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypolicy.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 250,000 (the “"Base Salary”) "), payable in consideration for Employee’s services equal biweekly installments or in accordance with the Company's payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term "Base Salary" shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized base annual salary of $400,000 (the “Base Salary”) in consideration at the rate of (i) $212,000 per annum for Employee’s services under this Agreementthe period commencing on the Effective Date and ending on December 31, 2014, and (ii) $240,000 per annum for the period commencing on January 1, 2015, and ending on December 31, 2018, payable in substantially equal installments at such intervals as may be determined by the Company in conformity accordance with the Company’s customary its ordinary payroll practices for similarly situated employees as may exist established from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized a base salary at the annual rate of Two Hundred Fifty Thousand ($400,000 250,000) Dollars per year, or such higher rate as may be determined from time to time by the Company (the “"Base Salary”) "). Such Base Salary shall be paid in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary 's standard payroll practices practice for similarly situated employees as may exist from time to time, but no less frequently than monthlyemployees.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of per year in an amount not less than $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, 300,000. Such annual base salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to timepay schedule. During the Term, but no less frequently than monthlythe base salary of Employee shall not be reduced below the minimum required by this Section.

Base Salary. During the Employment Period, the Company shall pay to Employee as compensation for Employee’s services an annualized annual base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement200,000.00, payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyusual payment practices.

Base Salary. During the Employment Period, the Company Employee shall pay to Employee be paid an annualized base salary of Four Hundred Fifteen Thousand Dollars ($400,000 415,000.00) (the “Base Salary”) in consideration for Employee’s services under this Agreement, ). The Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary regular payroll practices for similarly situated employees as and pursuant to Company policy, which may exist be amended from time to time, but no less frequently than monthly. Employee is eligible for salary increases at Company’s discretion based on Company and/or individual performance.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 525,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary per year in an amount not less than $325,000. Such annual base salary shall be payable in accordance with the Company's customary pay schedule. During the Term, the base salary of $400,000 (Employee shall not be reduced below the “Base Salary”) in consideration for Employee’s services under minimum required by this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlySection.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized base a salary at the rate of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement200,000 per annum, payable in substantially equal installments in conformity with at such payment intervals as are the usual custom of the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no not less frequently often than monthly.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 275,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the Company shall pay to Employee as compensation for Employee’s services an annualized annual base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement225,000.00, payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyusual payment practices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary per year in an amount not less than $205,000. Such annual base salary shall be payable in accordance with the Company's customary pay schedule. During the Term, the base salary of $400,000 (Employee shall not be reduced below the “Base Salary”) in consideration for Employee’s services under minimum required by this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlySection.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under ), which shall be $400,000 as of the date of this Agreement, payable subject to applicable federal, state, and local tax withholding. Such Base Salary shall be paid to Employee in substantially equal installments in conformity with the Company’s customary same manner and on the same payroll practices for similarly situated schedule on which other Company employees as receive payment. The Base Salary may exist be adjusted from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market adjustments as determined by Company management.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized the Employee, as compensation for the performance of his duties and obligations under this Agreement, a base salary at the rate of $400,000 345,000 per annum (the “Base Salary”) in consideration for Employee’s services under this Agreement), payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as of the Company. The Base Salary may exist be modified in writing from time to time, but no less frequently than monthlytime at the discretion of the Company.

Base Salary. During the Employment PeriodTerm, the Company shall will pay to ----------- Employee an annualized as compensation for his services a base salary at the annualized rate of not less than $400,000 160,000 (the “"Base Salary”) "). The Base Salary will be paid periodically in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary 's normal payroll practices for similarly situated employees as may exist from time and be subject to timethe usual, but no less frequently than monthlyrequired withholding.

Base Salary. During the Employment Period, the Company shall will pay to Employee You an annualized annual base salary of $400,000 (the “Base Salary”) of $200,000.00 in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as may exist from time to timepractices. The Compensation Committee of the Company’s Board of Directors (the “Committee”) will review Your Base Salary at least annually, but no less frequently than monthlyand adjustments will be made in accordance with the Committee’s standard practices.

Base Salary. During the Employment Period, the The Company shall pay to Employee an annualized a base salary in the amount of Four Hundred Fifty Thousand Dollars ($400,000 450,000) per year (the “"Base Salary”) in consideration for Employee’s services under this Agreement"), payable in substantially equal periodic installments in conformity accordance with the Company’s customary payroll practices 's prevailing policy for similarly situated employees as may exist from time to timecompensating personnel, but no not less frequently often than semi monthly. On each yearly anniversary of the Commencement Date (March 1, 2009), the Base Salary shall be increased by eight percent (8%).

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized annual base salary of $400,000 420,000, payable in accordance with the Company’s standard payroll practices and procedures and subject to change from time-to-time in the Company’s sole discretion (such base salary, as from time-to-time changed, the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly).

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary per year in an amount not less than $193,800. Such annual base salary shall be payable in accordance with the Company's customary pay schedule. During the Term, the base salary of $400,000 (Employee shall not be reduced below the “Base Salary”) in consideration for Employee’s services under minimum required by this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlySection.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 325,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized the Employee, as compensation for the performance of his or her duties and obligations under this Agreement, a base salary at the rate of $400,000 375,000 per annum (the “Base Salary”) in consideration for Employee’s services under this Agreement), payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as of the Company. The Base Salary may exist be modified in writing from time to time, but no less frequently than monthlytime at the discretion of the Company.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 375,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodPeriod of Employment, the Company shall agrees to pay to the Employee an annualized a base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, of $220,000. Such Base Salary shall be payable in substantially equal installments in conformity with according to the Company’s customary payroll practices of the Company. The Employee shall be considered for similarly situated employees as may exist from time to time, but no less frequently than monthlyan increase in Base Salary effective October 1 of each contract year.

Base Salary. During In consideration of the Employment Periodservices rendered by Employee to Company, the Company Employee shall pay to Employee receive an annualized annual base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreementof $193,000, payable in substantially equal periodic installments in conformity accordance with the Company’s customary regular payroll practices for similarly situated employees as may exist in effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall agrees to pay to Employee an annualized a base salary of $400,000 260,000 per year (the “Base Salary”) in consideration for Employee’s services under this Agreement), payable in substantially equal installments in conformity accordance with the Company’s customary then current payroll practices. The Base Salary will be paid periodically in accordance with the Company’s normal payroll practices for similarly situated employees as may exist from time and be subject to timethe usual, but no less frequently than monthlyrequired withholding. Employee’s salary will be subject to review and adjustments will be made based upon the Company’s standard practices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 180,000 per year (the “Base Salary”) ), payable in consideration for Employee’s services equal biweekly installments or in accordance with the Company's payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodFor all services to be rendered by Employee pursuant to this Agreement, the Company shall agrees to pay to Employee an annualized during the Employment Period a base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as it may exist be increased from time to time, but no less frequently than monthlythe "Base Salary") at an annual rate of $300,000 ($25,000 per month). The Base Salary shall be paid in periodic installments in accordance with the Company's regular payroll practices and associated adjustments available to Company executives.

Base Salary. During For all the Employment Periodservices rendered by Employee hereunder, the Company shall pay to Employee an annualized a base salary of $400,000 (the “Base Salary”) in consideration for at the annual rate of $108,000. Employee’s services under this Agreement, Base Salary shall be payable in substantially equal installments in conformity with at such times as the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyCompany customarily pays its other employees.

Base Salary. During the Employment Period, the The Company shall pay to the Employee during the Term an annualized annual base salary of $400,000 (the “"Base Salary”") in consideration for Employee’s services under this Agreementof not less than $375,000, payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices 's regular pay intervals for similarly situated employees as may exist from time to time, but no less frequently than monthlyits senior executives.

Base Salary. During the Employment Period, the Company shall pay to the Employee an annualized a base salary of $400,000 (the “Base Salary”) in consideration for at the rate of $300,000 on an annualized basis. The Employee’s services under this Agreement, Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist in place from time to time. The Employee’s annual rate of Base Salary may be increased as determined by the Board in its sole discretion except that by June 1, but no less frequently than monthly2009, the Base Salary shall equal or exceed $350,000.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized your annual base salary of shall be $400,000 (the “"Base Salary”") in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary and shall be paid pursuant to regular Company payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlythe senior executives of the Company.

Base Salary. During the Employment PeriodTerm, the Company shall pay to the Employee an annualized a base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement). Payment will be made on the regularly scheduled pay dates of the Company, payable in substantially equal installments in conformity with subject to all appropriate withholdings or other deductions required by applicable law or by the Company’s customary payroll practices for similarly situated established policies applicable to employees as of the Company. The Board may exist from time to timeincrease the Base Salary in its sole discretion, but no less frequently than monthlyshall not reduce the Base Salary below the rate established by this Employment Agreement without the Employee’s written consent.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized a base salary of equal to $400,000 210,000 per year (the “Base Salary”) in consideration for Employee), which Company shall pay to Employee consistent with Employer’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyprocedures.

Base Salary. During the Employment PeriodTerm, the Company shall will pay to Employee an annualized as compensation for his services a base salary at the annualized rate of $400,000 250,000 (the “Base Salary”) ). The Base Salary will be paid periodically in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity accordance with the Company’s customary normal payroll practices for similarly situated employees as may exist from time and be subject to timethe usual, but no less frequently than monthlyrequired withholding.

Base Salary. During the Employment PeriodTerm, the Company shall will pay to the Employee an annualized annual base salary at least equal to the following amounts for each year of $400,000 (the “Base Salary”) in consideration for Term: 2003 $ 135,000 2004 $ 150,000 2005 $ 165,000 2006 $ 180,000 2007 $ 190,000 2008 $ 200,000 The Employee’s services under this Agreement, base salary shall be payable in substantially equal installments in conformity accordance with the normal payroll procedures of the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall will pay to the Employee an annualized annual base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement400,000, payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees of the Company. The Employee's annual base salary may be increased by the Company at its discretion and the Company agrees to review such compensation not less frequently than annually during the Term. The Base Salary as may exist increased from time to time, but no less frequently than monthlytime shall be referred to herein as "Base Salary".

Base Salary. During the Employment Periodperiod of employment hereunder, the Company shall pay to Employee an annualized base annual salary (as increased by the Company from time to time in its sole discretion, the "Base Salary") of $400,000 (the “220,000 per year, subject to applicable federal and state income and social security tax withholding requirements. The Base Salary”) in consideration for Employee’s services under this Agreement, Salary shall be payable in substantially equal installments in conformity accordance with the Company’s 's customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment Periodperiod of employment hereunder, the Company shall pay to Employee an annualized base annual salary of $400,000 (as increased by the Company from time to time in its sole discretion, “Base Salary”) in consideration for Employee’s services under this Agreement), which currently is $190,740.00 per year, subject to applicable federal and state income and social security tax withholding requirements. The Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 237,500 (the “"Base Salary”) "), payable in consideration for Employee’s services equal biweekly installments or in accordance with the Company's payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term "Base Salary" shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During For the performance of all duties, responsibilities and services by the Employee hereunder during the Employment Period, the Company shall pay to the Employee, and the Employee an annualized agrees to accept, a base salary (the "Base Salary") at an annual rate of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement45,000, payable in substantially equal installments in conformity accordance with the Company’s customary 's normal payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized a base salary (the "Base Salary") of $400,000 190,000 per annum, payable in its normal pay increments in force from time to time (semi-monthly installments as of the “Base Salary”date of this Agreement) in consideration for Employee’s all the services to be rendered by Employee under this Agreement, payable . Employee’s Base Salary shall be reviewed annually by Company in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlyits policies.

Base Salary. During the Employment Periodperiod of employment hereunder, the Company shall pay to Employee an annualized base annual salary of $400,000 (as increased by the “Company from time to time in its sole discretion, "Base Salary”") in consideration for Employee’s services under this Agreementof $ 135,450 per year, subject to applicable federal and state income and social security tax withholding requirements. The Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s 's customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 230,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, Employee's salary will be at the Company shall pay to Employee an annualized base salary rate of $400,000 250,000 per year (the “"Base Salary”) in consideration for Employee’s services under this Agreement, "). Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll 's normal business practices for similarly situated employees as may exist from time to timesenior executive officers, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to the Employee an annualized for his services hereunder a base salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreementat the rate of $200,000.00 per year, payable in substantially equal installments in conformity accordance with the Company’s customary general payroll practices for similarly situated employees of the Company, or as may exist from time to timeotherwise mutually agreed upon by the Company and the Employee, but no less frequently often than twice monthly. The Employee’s Base Salary may be subject to such increase as may be determined from time to time by the Board in its sole discretion.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 330,150 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Periodperiod of employment hereunder, the Company shall pay to Employee an annualized base annual salary of $400,000 (as increased by the Company from time to time in its sole discretion, “Base Salary”) in consideration for Employee’s services under this Agreement), which currently is $206,550.00 per year, subject to applicable federal and state income and social security tax withholding requirements. The Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthlypractices.

Base Salary. During the Employment Periodperiod of Employee's employment under this Agreement, the Company shall pay to Employee an annualized base annual salary rate of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement450,000.00 payable bi-weekly, and payable in substantially equal installments in conformity accordance with the Company’s customary 's payroll practices for similarly situated employees policy as may exist in effect from time to time, but no less frequently than monthlytime ("Base Salary").

Base Salary. During the Employment Period, the The Company shall pay to the Employee during the Term an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement), which initially shall be $300,000. The Base Salary shall be due and payable in substantially equal bi-weekly installments or in conformity such other installments as may be necessary to comport with the Company’s customary payroll practices normal pay periods for similarly situated employees as all employees. The Base Salary may exist be adjusted from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market conditions.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 415,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment PeriodTerm, the Company shall pay to Employee an annualized annual base salary of $400,000 150,000 (the “Base Salary”) ), payable in consideration for Employeeequal biweekly installments or in accordance with the Company’s services payroll practice as in effect from time to time. For all purposes under this Agreement, payable the term “Base Salary” shall refer to Base Salary as in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist effect from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to Employee an annualized base annual salary of $400,000 280,000.00 during the Employment Period (the “"Base Salary”) in consideration for Employee’s services under this Agreement, "). Base Salary shall be payable in substantially equal installments in conformity accordance with the Company’s customary payroll practices for similarly situated employees as may exist from time to time's normal business practices, but in no event less frequently than monthly. Employee's Base Salary shall be reviewed no less frequently than monthlyannually by the Company and may be increased but not decreased during the Employment Period.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 285,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.

Base Salary. During the Employment Period, the The Company shall pay to the Employee an annualized base annual salary of $400,000 (the “Base Salary”) in consideration for Employee’s services under ), which shall be $360,000.00 as of the date of this Agreement, payable subject to applicable federal, state, and local tax withholding. Such Base Salary shall be paid to Employee in substantially equal installments in conformity with the Company’s customary same manner and on the same payroll practices for similarly situated schedule on which other Company employees as receive payment. The Base Salary may exist be adjusted from time to time, but no less frequently than monthlytime for changes in the Employee’s responsibilities or for market adjustments as determined by Company management.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 (the “Base Salary”) 340,000 in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly. Employee’s annualized base salary, as adjusted from time to time, is hereafter referred to as the “Base Salary.”

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 320,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly. The Base Salary may be reviewed and adjusted from time to time by the Board in accordance with the Board’s normal practice.

Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $400,000 305,000 (the “Base Salary”) in consideration for Employee’s services under this Agreement, payable in substantially equal installments in conformity with the Company’s customary payroll practices for similarly situated employees as may exist from time to time, but no less frequently than monthly.