Common use of Base Salary Clause in Contracts

Base Salary. 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall will pay to the Executive an annualized annual base salary of $340,000.00 in periodic installments 350,000, payable in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthly's policies. The Executive’s 's annual base salary shall will be reviewed by the Company for possible increase (but not decrease) at least annually by once in each calendar year through the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Term of this Agreement.

Base Salary. The Company Executive shall pay the Executive receive an annualized annual base salary (“Annual Base Salary”) of no less than $340,000.00 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Board (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”policies.

Base Salary. The Executive’s annual base salary will be $370,000.00 (the “Base Salary”), which shall be paid ratably by the Company shall pay to the Executive an annualized base salary of $340,000.00 in periodic installments each month 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 Executive’s annual base salary, practices as 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, is hereinafter referred to with any such increase taking effect as “Base Salary”of the first day of the applicable calendar year.

Base Salary. The Company shall will pay to the Executive an annualized annual base salary of $340,000.00 in periodic installments 300,000, payable in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthly's policies. The Executive’s 's annual base salary shall will be reviewed by the Company for possible increase (but not decrease) at least annually by once in each calendar year through the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Term of this Agreement.

Base Salary. The Company shall pay the Executive an annualized Executive’s annual base salary of (“Base Salary”) will continue to be $340,000.00 in periodic installments 284,000, less payroll deductions and all required withholdings, payable in accordance with the Company’s customary normal payroll practices, but no less frequently than semi-monthly. The Board or a committee of the Board shall review Executive’s base salary shall Base Salary periodically and any adjustments to Executive’s Base Salary, if any, will be reviewed made solely at least annually by the discretion of the Board and or a committee of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay the Executive an annualized base salary (“Annual Base Salary”) at a rate of $340,000.00 in periodic installments in accordance with US$400,000, payable pursuant to the Company’s customary regular payroll practicespractices for its executives in effect at the time. For fiscal year 2011, but no less frequently than semi-monthlythe Executive’s Annual Base Salary will be prorated from the Effective Date. The Executive’s base salary Annual Base Salary shall be reviewed at least annually by the Board and Chief Executive Officer, for increase only, at such time as the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”salaries of other senior executives of Patheon are reviewed generally.

Base Salary. The Company shall pay to the Executive an annualized base annual salary of $340,000.00 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary 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 Executive’s annual base salary, as in effect established from time to time. The Base Salary shall be reviewed by the Board of Directors annually, and increased as appropriate, for market changes. Commencing effective as of the Effective Date, Executive’s annualized Base Salary is hereinafter referred to as “$350,000. The Base Salary”Salary shall not be decreased by the Company except with the prior written consent of the Executive.

Base Salary. The During the Term, the Company shall pay the to Executive an annualized base salary of $340,000.00 in periodic installments 600,000 (the “Base Salary”), payable subject to standard federal and state payroll withholding requirements in accordance with the Company’s customary standard payroll practices, but no not less frequently than semi-monthly. The Executive’s base salary shall Base Salary will be reviewed at least annually by the Board and may be increased (but not decreased without the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time consent) to time, is hereinafter referred to as “Base Salary”reflect the Executive’s performance and responsibilities.

Base Salary. The Company shall pay the Executive an annualized annual base salary of $340,000.00 220,000 annually, $150,000 of which will be payable in periodic installments in accordance with the Company’s customary regular payroll practices, but no less frequently than semiand $70,000 of which will be paid in lump sum at the end of the then-monthlycurrent fiscal year, or, in the sole discretion of the Board, prorated over the one year period upon completion of a financing. 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 298,700.00, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Beginning on the date hereof, the Company shall pay the Executive an annualized Executive, in equal installments no less frequently than monthly, a base salary of $340,000.00 in periodic installments in accordance with 412,000 per annum (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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”), less all applicable withholdings, during the Term. Executive's Base Salary shall be reviewed by the People Services (Compensation) Committee of the Board (the “Compensation Committee”) on an annual basis.

Base Salary. The During the Employment Term, the Company shall pay the Executive an annualized a base salary at the annual rate of $340,000.00 450,000 payable in periodic regular installments in accordance with the Company’s customary usual payroll practices, but no less frequently than semi-monthly. The Board shall review Executive’s base salary shall be reviewed at least annually by the Board once per annum, and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is shall hereinafter be referred to as the “Base Salary”.

Base Salary. The During the Employment Term, the Company shall pay to the Executive an annualized a base salary of not less than $340,000.00 in periodic installments in accordance with 665,000 per annum (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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board shall review Executive’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 500,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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, may increase but shall not be required to, increase decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 [BASE SALARY] 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized a base salary of $340,000.00 27,083.33 per month ($325,000 annualized), payable in equal 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 practices (the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The amount of the Base Salary shall be reviewed annually and may be increased from time to time in the sole discretion of the Company’s Remuneration Committee and the Board.

Base Salary. The Company shall pay the Executive an annualized A base annual salary of $340,000.00 in periodic installments 331,000, payable in accordance with the CompanyEmployer’s customary payroll practices, but no less frequently than semi-monthlystandard practice for other senior executives. The Executive’s base salary shall be reviewed at least annually subject to annual review by the Board and Board’s Compensation Committee for discretionary periodic increases (but not decreases) in accordance with the Board may, but Employer’s compensation policies. References to “Base Salary” in this Agreement shall not be required to, increase to the base salary during the Employment Term. The Executive’s annual set forth in this Paragraph 4(a) and shall include any increases to such base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall will pay the Executive an annualized annual base salary (“Base Salary”) of Two Hundred Thousand Dollars ($340,000.00 200,000), payable in periodic substantially equal monthly or more frequent installments in accordance with the Company’s normal and customary payroll practices, but no less frequently than semi-monthly. The Board may review and further adjust Executive’s base salary shall be reviewed at least annually by the Board Base Salary from time to time in its sole and the Board mayabsolute discretion, but shall not be required to, increase the base salary provided that during the Employment Term. The Period the Company may not decrease Executive’s annual base salary, as Base Salary below the amount set forth in effect from time to time, is hereinafter referred to as this section. Any such increased Base Salary shall be and become the “Base Salary”” for purposes of this Agreement.

Base Salary. The Company shall pay During the Executive an annualized term hereof, the Executive’s base salary of $340,000.00 in periodic installments (the “Base Salary”) shall be paid in accordance with the CompanyCorporation’s customary regular 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 Executive’s annual base salary, as practices in effect from time to time, is hereinafter referred but not less frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at an annualized rate of $375,000. During the term hereof, the Corporation may review and adjust the Executive’s rate of Base Salary from time to as “Base Salary”time.

Base Salary. The Company shall pay the Executive an annualized annual base salary of AUD $340,000.00 200,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the Board Compensation Committee of the Board, and the Compensation Committee of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 275,000 US in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semi-monthly. The Executive’s 's base salary shall be reviewed at least annually by the by the compensation committee of the Board (the “Compensation Committee”) and the Board Compensation Committee may, but shall not be required to, increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary shall be adjusted to $300,000 US on January 1, 2021. Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay the to Executive an annualized annual base salary of not less than Four Hundred Fifty Thousand ($340,000.00 in periodic installments 450,000) Dollars (prorated for partial monthly and annual periods), less deductions and withholdings, which base salary shall be paid in accordance with the Company’s customary normal payroll practices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by policies and procedures (the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board or the Compensation Committee of the Board (the “Committee”) shall conduct annual performance reviews of Executive for merit increases and may, in its sole discretion, increase Executive’s Base Salary on an annual basis.

Base Salary. The During the Employment Term, the Company shall pay to the Executive an annualized a base salary of $340,000.00 in periodic installments in accordance with not less than $ 665,000 per annum (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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”). The Board shall review Executive’s Base Salary annually (after approval of the forthcoming year’s budget and receipt of the prior year’s financial statements) and increase it by an amount no less than the increase in the consumer price index for the Washington, D.C. metropolitan area from the immediately preceding year.

Base Salary. The Company shall pay the Executive an annualized A base annual salary of $340,000.00 in periodic installments 250,000, payable in accordance with the CompanyEmployer’s customary payroll practices, but no less frequently than semi-monthlystandard practice for other comparable executives. The Executive’s base salary shall be reviewed at least annually subject to annual review by the Board and of Directors of the Board may, but Employer (the “Board”) for discretionary periodic increases in accordance with the Employer’s compensation policies. References to “Base Salary” in this Agreement shall not be required to, increase to the base salary during the Employment Term. The Executive’s annual set forth in this Paragraph 4.A. and shall include any increases to such base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”salary made hereby.

Base Salary. The During Executive’s employment, the Company shall pay the Executive an annualized initial base salary at the rate 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 Executive’s annual base salary, 275,000 per annum (as in effect from time to time, is hereinafter referred to as the “Base Salary”). The Base Salary shall be payable in regular installments in accordance with the Company’s regular payroll practices and shall be subject to all applicable tax withholdings and deductions. If Executive is still employed by the Company as of that time, then, on or after each anniversary of this Agreement, the Base Salary shall be reviewed by the Board for any increase, provided that it shall automatically be increased by $25,000 as of such anniversary date.

Base Salary. The During the Term, the Company shall pay the Executive an annualized annual base salary of per year in an amount not less than $340,000.00 in periodic installments 150,000. Such annual base salary shall be payable in accordance with the Company’s 's customary payroll practicespay schedule. During the Term, but no less frequently than semi-monthly. The Executive’s the base salary of Executive shall be reviewed at least annually by the Chief Executive Officer. The Board and of Directors, and/or the Board Compensation Committee, in consultation with the Chief Executive Officer, may, but shall not be required to, increase or decrease the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”but not below the minimum required by this Section.

Base Salary. The Company shall will pay to the Executive an annualized base salary of not less than $340,000.00 in periodic installments 1,200,000, payable in accordance with the Company’s customary payroll practices, but practices of the Company (“Base Salary”). The Base Salary shall be reviewed no less frequently than semi-monthly. The Executive’s base salary shall annually for purposes of increase, such increase, if any, to be reviewed at least annually by determined in the sole discretion of the Board and or the compensation committee of the Board may, but shall not be required to, increase (the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base SalaryCompensation Committee”).

Base Salary. The Company During the Specified Term, in consideration of the performance by Executive of Executive’s obligations hereunder to Employer, Employer shall pay the Executive an annualized annual base salary (the “Base Salary”) of Four Hundred Thousand Dollars ($340,000.00 in periodic installments 400,000.00). The Base Salary shall be payable 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 Executive’s annual base salary, practices of Employer as in effect from time to timetime for Employer’s executives. The Base Salary shall be reviewed annually, is hereinafter referred to as “Base Salary”exclusively by Employer, and any increase thereto shall be in Employer’s sole discretion.

Base Salary. The During the term of Executive's employment hereunder, the Company shall pay the Executive an annualized annual base salary (the "Base Salary") at the initial annual rate of $340,000.00 225,000, payable in periodic regular installments in accordance with the Company’s customary payroll practices, 's usual payment practices but no less frequently than semi-monthlymonthly during the Employment Term. The Executive’s base salary 's Base Salary shall be reviewed at least annually by for increase in the Board and reasonable discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay the Executive an annualized base salary of $340,000.00 220,000.00 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 400,000 (Four Hundred Thousand Dollars) in periodic installments in accordance with the Company’s 's customary payroll practicespractices and applicable wage payment laws, 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 may not be required to, increase the base salary decreased during the Employment TermTerm other than as part of an across-the-board salary reduction that applies in the same manner to all senior executives. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The For all the services rendered by Executive hereunder, the Company shall pay the Executive an annualized a 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as (“Base Salary”) at the annual rate of $284,000, payable bi-weekly in installments at such times as the Company customarily pays its other senior level executives. Executive’s Base Salary shall be reviewed annually for appropriate increases by any of the Chief Executive Officer, the Board or the Compensation Committee of the Board (the “Compensation Committee”) pursuant to the normal performance review policies for senior level executives.

Base Salary. The During the Term, the Company shall pay the Executive an annualized annual base salary in the amount of $340,000.00 in periodic installments 1,000,000 (“Base Salary”), less applicable payroll taxes and withholdings, payable in accordance with the Company’s customary normal payroll practices, but no less frequently than semi-monthly. The Company will review Executive’s base salary shall be reviewed at least annually by Base Salary annually, and, in the Board and sole discretion of the Board mayCompany, may increase (but may not decrease) such Base Salary from time to time, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time obligated to time, is hereinafter referred to as “Base Salary”effectuate any increase.

Base Salary. The During the Employment Term, the Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 400,000 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 Compensation Committee and the Board Compensation Committee may, but shall not be required to, increase (but not decrease) the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company Employer shall pay the Executive an annualized annual rate of base salary of $340,000.00 EUR 167,729 in periodic installments in accordance with under the Company’s 's customary payroll practices, but no less frequently than semi-monthlypractices and applicable wage payment laws. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive’s 's base salary shall be reviewed at least annually by the Board and the Board may, Compensation Committee may increase (but shall not be required to, increase decrease) the Executive's base salary during the Employment Term. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”."

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 340,000 in periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthlypractices and applicable wage payment laws. 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay During the Term, the Executive will receive an annualized annual base salary of $340,000.00 400,000. The Board will review the Executive’s base salary annually and, in periodic installments its discretion, may recommend increases, but not decreases, to the amount of such base salary based upon procedures of the Employer that determine adjustments for other executives of the Employer. The initial annual base salary, together with any increases, shall be the Executive’s annual base salary (“Base Salary”). The Base Salary will be payable in accordance with the CompanyEmployer’s customary regular payroll payment 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay During the Executive an annualized Term, the Executive’s annual base salary of shall be $340,000.00 in periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthly330,000. The Executive’s base salary shall be reviewed at least annually by the Board and or the Compensation Committee of the Board may, but shall not be required to, increase (the “Compensation Committee”). The base salary during the Employment Term. The Executive’s annual base salary, as in effect from at any given time to time, is hereinafter referred to herein as “Base Salary”.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for executive officers.

Base Salary. The As of the Effective Date, the Company shall pay the Executive an annualized base annual salary rate of Three Hundred Sixty-Five Thousand Dollars ($340,000.00 in periodic installments in accordance 365,000), with such amounts to be paid on a bi-weekly basis (“Base Salary”) pursuant to the Company’s customary standard payroll practices, but no less frequently than semi-monthly. The Executive’s base salary Base Salary shall be reviewed at least annually by for consideration of appropriate merit increases and, once established, the Board and the Board may, but Base Salary shall not be required to, increase the base salary decrease during the Employment Term. The Term without the consent of Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The During the Term, the Company shall pay the Executive a Base Salary at an annualized base salary annual rate of not less than $340,000.00 in periodic installments in accordance with the Company’s customary payroll practices1,200,000. The Base Salary shall be subject to review and possible increase, but no less frequently than semi-monthlynot decrease, by the Human Resources and Compensation Committee of the Board (the “HRCC”) each February, and any increases shall be effective the following April 1. The Adjustments to the Base Salary shall be based on the Executive’s base salary performance and other factors that the HRCC deems appropriate. Following each adjustment, the term Base Salary shall be reviewed at least annually by thereafter refer to the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”adjusted amount.

Base Salary. The During the term of Executive's employment, the Company shall pay the Executive an annualized annual base salary of $340,000.00 in periodic installments 250,000 (the "Annual Base Salary") payable in accordance with the Company’s customary 's regular payroll practices, but no less frequently than semi-monthly. The Executive’s base salary Annual Base Salary shall be reviewed at least annually by the Board of Directors and may be adjusted in the sole discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”of Directors.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 800,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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, may increase or decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company Employer shall pay the Executive an annualized annual rate of base salary of $340,000.00 EUR 255,825 in periodic installments in accordance with under the Company’s 's customary payroll practices, but no less frequently than semi-monthlypractices and applicable wage payment laws. The Compensation Committee of the Board (the "Compensation Committee") shall review the Executive’s 's base salary shall be reviewed at least annually by the Board and the Board may, Compensation Committee may increase (but shall not be required to, increase decrease) the Executive's base salary during the Employment Term. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”."

Base Salary. The Company shall pay the Executive an annualized a base salary (“Base Salary”) at the rate of $340,000.00 269,280 per annum (less applicable deductions and withholdings), payable in periodic installments payments in accordance with the Company’s customary normal payroll practices. During the Term, but no less frequently than semi-monthly. The Executive’s base salary compensation 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to time and at least once every 12 months. Any increase or decrease in Base Salary (together with the then existing Base Salary) shall serve as the “Base Salary”” under this Agreement.

Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annualized base salary Base Salary of $340,000.00 in periodic installments 250,000. Such Base Salary shall be payable at intervals in accordance with the Company’s customary regular payroll practices, practices of the Company applicable to senior executives but no less frequently than semi-monthly. The Executive’s base salary Base Salary shall be reviewed at least no less frequently than annually by during the Board and the Board may, but Term of Employment for increases. The Base Salary shall not be required todecreased at any time, increase the base salary or for any purpose, during the Term of Employment Term. The Executive’s annual base salary(including, as in effect from time to timewithout limitation, is hereinafter referred to as “Base Salary”for the purpose of determining benefits due under Section 9).

Base Salary. The During the Employment Period, the Company shall pay the to Executive an annualized base salary of $340,000.00 200,000 (the “Base Salary”) in periodic consideration for Executive’s services under this Agreement, payable in substantially equal installments in accordance conformity with the Company’s customary payroll practicespractices for similarly situated employees as may exist from time to time, 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Effective with this Agreement and the Executive’s continued employment hereunder, the Company shall pay the Executive an annualized a base salary at the annualized rate of $340,000.00 400,000, payable in periodic regular installments in accordance with the Company’s customary payroll practicespayment practices from time to time. Executive shall be entitled to annual performance and salary review, but no less frequently than semi-monthly. The Executive’s and any increase in base salary shall be reviewed at least annually by in the Board and sole discretion of the Board may, but shall not be required to, increase Compensation Committee of the base salary during the Employment TermBoard. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary”.

Base Salary. The During the Term, the Company shall pay to the Executive an annualized a base salary at an annual rate of not less than $340,000.00 320,000, in periodic substantially equal installments in accordance with the regular payroll practices of the Company’s customary payroll practices, but no not less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually subject to annual review by the Board and Compensation Committee of the Board may(the “Committee”) and may be increased, but shall not be required todecreased, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred time by the Committee. The base salary as determined herein and adjusted from time to as time shall constitute “Base Salary”” for purposes of this Agreement.

Base Salary. The Company shall pay Executive’s annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 550,000, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 355,249.78, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay the Executive an annualized annual base salary of $340,000.00 450,000.00 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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, commencing in January 2020, increase the base salary during the Employment Termat its discretion. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 260,000 in periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthlypractices and applicable wage payment laws. The Executive’s base salary shall may be reviewed at least annually from time to time by the Board Company, and the Board Company may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annualized base salary Base Salary of $340,000.00 in periodic installments 300,000. Such Base Salary shall be payable at intervals in accordance with the Company’s customary regular payroll practices, practices of the Company applicable to senior executives but no less frequently than semi-monthly. The Executive’s base salary Base Salary shall be reviewed at least no less frequently than annually by during the Board and the Board may, but Term of Employment for increases. The Base Salary shall not be required todecreased at any time, increase the base salary or for any purpose, during the Term of Employment Term. The Executive’s annual base salary(including, as in effect from time to timewithout limitation, is hereinafter referred to as “Base Salary”for the purpose of determining benefits due under Section 9).

Base Salary. The Company Employer shall pay the to Executive an annualized base salary of Four Hundred Sixty-Eight Thousand Dollars ($340,000.00 in periodic installments 468,000) (the "Base Salary"), less taxes and applicable withholdings, payable in accordance with the Company’s customary payroll Employer' s regularly scheduled payroll. Base Salary will be subject to review and adjustment in accordance with Employer's normal performance review practices, but no less frequently than semi-monthlyannually. The Effective as of the date of any change to Executive’s base salary 's Base Salary, the Base Salary as so changed shall be reviewed at least annually by considered the Board and the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “new Base Salary”Salary for all purposes of this Agreement.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 350,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by the Compensation Committee of the Board (the “Compensation Committee”) and the Board may, but shall not be required to, Compensation Committee may increase the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The During the Employment Term, the Company shall pay the Executive an annualized annual base salary of One Hundred Seventy Five Thousand Dollars ($340,000.00 175,000) (“Base Salary”), payable in periodic regular installments in accordance with the Company’s customary then current payroll practices, but no less frequently than semi-monthly. The At least annually the Board shall review Executive’s base salary shall be reviewed at least annually by the Board performance and the Board may, but shall not be required to, compensation and may increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”, in its sole discretion.

Base Salary. The Company Executive shall pay the Executive receive an annualized annual base salary (“Annual Base Salary”) of no less than $340,000.00 300,000. The Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Company’s board of directors (the “Compensation Committee”) pursuant to its normal performance review policies for senior executives and may be increased but not decreased. The term Annual Base Salary as utilized in periodic this Agreement shall refer to Annual Base Salary as in effect from time to time. Such Annual Base Salary shall be payable in monthly or more frequent 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”policies.

Base Salary. The During the Employment Period, the Company shall pay to Executive a base compensation (“Base Salary”) in the Executive an annualized base salary amount of Two Hundred Forty Thousand Dollars ($340,000.00 240,000) per annum, payable 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 Executive’s annual base salary, as practices in effect from time to time, is hereinafter referred . Executive’s Base Salary shall be subject to as “all applicable withholdings and deductions. Executive’s Base Salary”Salary shall be subject to review no less frequently than annually.

Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annualized base salary Base Salary of $340,000.00 in periodic installments 275,000. Such Base Salary shall be payable at intervals in accordance with the Company’s customary regular payroll practices, practices of the Company applicable to senior executives but no less frequently than semi-monthly. The Executive’s base salary Base Salary shall be reviewed at least no less frequently than annually by during the Board and the Board may, but Term of Employment for increases. The Base Salary shall not be required todecreased at any time, increase the base salary or for any purpose, during the Term of Employment Term. The Executive’s annual base salary(including, as in effect from time to timewithout limitation, is hereinafter referred to as “Base Salary”for the purpose of determining benefits due under Section 9).

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of USD $340,000.00 240,000, in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semibi-monthlyweekly. The Executive’s base salary shall be reviewed at least annually by the Board and Compensation Committee of the Board may(the “Compensation Committee”). However, but shall the Executive’s base salary may not be required to, increase the base salary decreased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay Commencing as of the Effective Date, the Executive shall be paid an annualized base salary Base Salary of $340,000.00 in periodic installments 420,000, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by for increase in the Board and discretion of the Board mayCEO and, but shall not be required toif applicable, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay the Executive an annualized base salary of $340,000.00 204,000.00 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The During the term of the Executive's employment hereunder, the Company shall will pay to the Executive an annualized annual base salary of $340,000.00 240,000, such salary to be paid in periodic installments in accordance conformity with the Company’s customary payroll practices, but no less frequently than semi-monthly's policies relating to salaried employees. The Executive’s 's base salary shall will be reviewed at least annually subject to annual review and may be increased, but not decreased, by the Company's Board and of Directors, based on the Board may, but shall not be required to, increase recommendation of the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Designated Person.

Base Salary. The Company shall pay the Executive an annualized a base salary (the “Base Salary”) at the annual rate of three hundred seventy-five thousand dollars ($340,000.00 375,000), as of the Commencement Date). The Base Salary shall be payable in substantially equal 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 Executive’s annual base salary, practices as in effect from time to time. Company shall deduct from each such installment all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Company shall review the Base Salary on an annual basis and may increase, is hereinafter referred to as “but not decrease, the Base Salary”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 240,000 in periodic installments in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthlypractices and applicable wage payment laws. 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The Company shall pay to the Executive an annualized base annual salary of $340,000.00 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary 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 Executive’s annual base salary, as in effect established from time to time. The Base Salary shall be reviewed annually and increased as appropriate for market changes, commencing effective January 1, 2024. Executive annualized Base Salary as of the Effective Date is hereinafter referred to as “$320,000. The Base Salary”Salary shall not be decreased by the Company except with the prior written consent of the Executive.

Base Salary. The During the Employment Term, the Company shall pay the Executive an annualized annual base salary of $340,000.00 375,000 per annum in periodic installments cash (the “Annual Base Salary”). Executive’s Annual Base Salary will be subject to annual review by the Board. The Annual Base Salary due to Executive hereunder shall be paid in accordance with the Company’s customary general Company 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company Executive shall pay the Executive initially be paid an annualized base salary of $340,000.00 in periodic installments Base Salary, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but no of $325,000. No less frequently than semi-monthly. The annually, the Executive’s base salary Base Salary shall be reviewed at least annually by the Board and the Board may, Compensation Committee who may (but is not obligated to) adjust such Base Salary in its sole discretion; provided that Base Salary shall not be required to, increase decreased. Any such increased Base Salary shall be the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”” for all purposes under this Agreement.

Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 458,719.77, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay to the Executive an annualized base annual salary (the “Base Salary”) at the rate of $340,000.00 200,000, payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary then current ordinary 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 Executive’s annual base salary, practices as in effect established from time to time. The Base Salary shall be reviewed in good faith by the Compensation Committee of the Company’s Board of Directors (the “Board”), is hereinafter referred to as “Base Salary”based upon the Executive’s performance, not less often than annually.

Base Salary. The During the Term, Company shall will pay the Executive an annualized a base salary of equal to $340,000.00 123,000 per annum, payable in periodic equal bi-weekly or semi-monthly installments in accordance with the Company’s customary 's payroll practices, but no less frequently than semi-monthlysystem. The Executive’s base salary shall be reviewed Board will review, at least annually annually, the Executive's compensation with a view to increasing it if, in the sole judgment of the Board, the performance of the Company, the services of the Executive and compensation paid by other companies engaged in businesses comparable to the Board and business of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as Company to executives in effect from time to time, is hereinafter referred to as “Base Salary”comparable positions merit such an increase.

Base Salary. The Company shall pay Executive’s annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 424,360.00, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The During the Term, the Company shall pay the Executive an annualized a base salary at an annual rate of Three Hundred Fifty Thousand and NO/100 Dollars ($340,000.00 in periodic installments 350,000.00), payable in accordance with the Company’s customary 's normal payroll practices, but no less frequently than semi-monthlypractices for employees as in effect from time to time. 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 Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “the "Base Salary”." The Base Salary shall be reviewed annually by the Board, and, in the sole discretion of the Board, may be increased (but not decreased) effective as of the date determined by the Board.

Base Salary. The Company shall pay Executive's annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 424,360.00, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary 's Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company shall pay to the Executive an annualized base annual salary of $340,000.00 (the “Base Salary”) payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary 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 Executive’s annual base salary, as in effect established from time to time. The Base Salary shall be reviewed annually and increased as appropriate for market changes, commencing effective January 1, 2024. Executive annualized Base Salary as of the Effective Date is hereinafter referred to as “$300,000.48. The Base Salary”Salary shall not be decreased by the Company except with the prior written consent of the Executive.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 in periodic installments in accordance 400,000. Such base salary shall be paid consistently with the Company’s customary payroll then current pay 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 (but not decrease) base salary then in effect during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay During the Executive an annualized Employment Period, the Executive's annual ----------- base salary of will be $340,000.00 130,000 or such higher rate as the Board may designate from time to time (the "Base Salary"), which will be payable in periodic regular installments in accordance with the Company’s 's general payroll practices and which will be subject to customary payroll practices, but no less frequently than semi-monthlywithholding. The Executive’s base salary shall be reviewed at least annually by Each year the Board and will review the Board mayExecutive's Base Salary and, in its sole discretion, determine whether any increases (but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”decreases) thereof are appropriate.

Base Salary. The Company shall pay During the Executive an annualized Term, the Executive’s base salary of $340,000.00 in periodic installments (the “Base Salary”) shall be paid in accordance with the CompanyCorporation’s customary regular 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 Executive’s annual base salary, as practices in effect from time to time, is hereinafter referred but not less frequently than in monthly installments. As of the Effective Date, the Executive’s Base Salary shall be at an annualized rate of $320,000. During the term hereof, subject to as “Section 5, the Corporation will annually (in January of each year commencing in 2016) review and adjust the Executive’s rate of Base Salary”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 75,0000 in periodic installments in accordance with the Company’s 's customary payroll practices, but no less frequently than semi-monthly. The Executive’s 's base salary shall be reviewed at least and renegotiated annually by the Board and the Board may, but shall not be required to, increase the base salary during the Employment TermBoard. The Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “"Base Salary”".

Base Salary. The Company shall pay to the Executive an annualized a base salary of $340,000.00 335,000 per annum during the Term (the “Base Salary”). The Base Salary shall be reviewed no less frequently than annually and may be increased at the discretion of the Board or the Compensation Committee of the Board (the “Committee”), as applicable. Except as otherwise agreed in periodic writing by the Executive, the Base Salary shall not be reduced from the amount previously in effect. The Executive shall receive his or her salary in equal 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 Executive’s annual base salary, as practices in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized base salary ("Annual Base Salary") of U.S. $340,000.00 in periodic installments in accordance with 750,000, payable pursuant to the Company’s customary regular payroll practicespractices for its executives in effect at the time, but no less frequently than semi-monthlysubject to applicable withholdings and deductions. The Executive’s base salary Annual Base Salary shall be reviewed at least annually by the Board Chief Executive Officer and the Board mayCompensation Committee, but shall not be required tofor increase only, increase at such time as the base salary during salaries of other senior executives of the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Company are reviewed generally.

Base Salary. 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 During the Employment Term. The Executive’s annual , the Company will pay to the Executive a base salarysalary per annum equal to $360,000, which will be reviewed annually, but may not be decreased, except in the event of a reduction in salaries of Company executives generally (as in effect from time to time, is hereinafter referred to as the “Base Salary”). The Base Salary will be payable at the times and in the manner consistent with the Company’s policies regarding compensation of the Company’s executives generally, but in no event less frequently than monthly.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 US$420,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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, may increase but shall not be required to, increase decrease the Executive’s base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary.”.

Base Salary. The During the Term, the Company shall will pay the Executive an annualized annual base salary of $340,000.00 1,050,000.00 (“Base Salary”) in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semi-monthly. The Executive’s base salary shall Base Salary will be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the base salary be increased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized base annual salary (the “Base Salary”) at the rate of $340,000.00 124,800.00 in periodic regular installments in accordance with the Company’s customary ordinary 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 Executive’s annual base salary, as practices (in effect from time to time), but in any event no less frequently than monthly. Beginning with the 2008 calendar year, and each year thereafter during the Employment Period, the Board shall review Executive’s Base Salary and make a determination as to whether an increase in the Base Salary is hereinafter referred to as “Base Salary”warranted.

Base Salary. The Company shall pay to the Executive an annualized base annual salary (the “Base Salary”) at the rate of $340,000.00 309,000, payable in periodic substantially equal installments at such intervals as may be determined by the Company in accordance with the Company’s customary its ordinary payroll practices, but no less frequently than semi-monthlypractices as established from time to time. The Executive’s base salary shall Base Salary will be reviewed at least annually by the Board and the Board may, but shall not may be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect increased or decreased from time to time, is hereinafter referred so long as a decrease does not amount to a decrease constituting Good Reason (as “Base Salary”defined below), in the sole discretion of the Board.

Base Salary. The During the period commencing on the Effective Date, the Company shall agrees to pay the Executive an annualized a base salary at an annual rate equal to $256,000. The Executive will be entitled to periodic review of $340,000.00 base salary and to such increases, if any, as may be determined from time to time in periodic installments the sole discretion of the Board (the base salary as in effect from time to time is defined as the “Base Salary”). The Executive’s Base Salary will be payable as earned in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthly. The Executive’s base salary practice and 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 Executive’s annual base salary, as in effect from time subject to time, is hereinafter referred to as “Base Salary”customary withholding.

Base Salary. The Company shall pay Executive’s annualized Base Salary as of the Executive an annualized base salary date of this Agreement is $340,000.00 in periodic installments 363,654.38, payable in accordance with the regular payroll practices of the Company’s customary payroll practices, but . The Base Salary shall be reviewed no less frequently than semi-monthly. The annually, and any changes thereto (which shall thereafter be deemed the Executive’s base salary Base Salary) shall be reviewed at least annually by solely within the Board and discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”Board.

Base Salary. The Company During the period of Executive’s employment hereunder, Executive shall pay the Executive receive an annualized base salary of $340,000.00 290,000 (the “Base Salary”). Executive’s Base Salary shall be reviewed periodically by the Board and, in periodic the sole discretion of the Company, such Base Salary may be increased (but not decreased) effective as of any date determined by the Company. Executive’s Base Salary shall be paid in equal installments in accordance with the Company’s customary payroll practices, standard policy regarding payment of compensation to executives 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Company shall pay the Executive an annualized annual base salary of $340,000.00 _______________ in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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. However, the Executive’s base salary may not be decreased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The During the Employment Term, the Company shall pay the Executive an annualized a base salary at the annual rate of $340,000.00 500,000, payable in periodic regular installments in accordance with the Company’s customary payroll usual payment practices, but no less frequently than semi-monthly. The Executive’s base salary shall be reviewed at least annually by beginning on January 1, 2002, and Executive shall be entitled to an increase of no less than 4% annually in Executive’s base salary, as may be determined in the Board and sole discretion of the Board may, but shall not be required to, increase the base salary during the Employment TermBoard. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.”.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of USD $340,000.00 200,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, but no less frequently than semibi-monthlyweekly. The Executive’s base salary shall be reviewed at least annually by the Board and Compensation Committee of the Board may(the “Compensation Committee”). However, but shall the Executive’s base salary may not be required to, increase the base salary decreased during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The During the term of Executive's employment, the Company shall pay the Executive an annualized annual base salary of Two Hundred Fifty Thousand Dollars ($340,000.00 in periodic installments 250,000) (the "Annual Base Salary") payable in accordance with the Company’s customary 's regular payroll practices, but no not less frequently than semi-monthlytwice per month. The Executive’s base salary Annual Base Salary shall be reviewed at least annually by the Board of Directors and may be adjusted upwards (but not downwards) in the sole discretion of the Board may, but shall not be required to, increase the base salary during the Employment Term. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”of Directors.

Base Salary. The Company shall pay the Executive an annualized a base salary (the “Base Salary”) at the annual rate of Four Hundred and Twenty Thousand Dollars ($340,000.00 420,000). The Base Salary shall be payable in substantially equal 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 Executive’s annual base salary, practices as in effect from time to time, is hereinafter referred and in no event less than monthly. Company shall deduct from each such installment all amounts required to as “be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates. The Board or an appropriate committee thereof shall review the Base Salary”Salary on an annual basis.

Base Salary. The Company shall pay the Executive an annualized annual rate of base salary of $340,000.00 575,000 in periodic installments in accordance with the Company’s 's customary payroll practicespractices and applicable wage payment laws, but no less frequently than semi-monthly. The Executive’s '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 Executive’s 's annual base salary, as in effect from time to time, is hereinafter referred to as “"Base Salary”".

Base Salary. The During the Employment Period, the Company shall pay the Executive a base salary at an annualized rate of $515,000, payable in installments on the Company’s regular payroll dates. The Board shall review Executive’s base salary annually during the Employment Period and may increase (but not decrease) such base salary from time to time, based on its periodic review of $340,000.00 in periodic installments Executive’s performance in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthlyregular policies and procedures. The Executive’s annual 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 Executive’s annual base salary, as in effect payable to Executive from time to time, is time under this Section 4 shall hereinafter be referred to as the “Base Salary.”.

Base Salary. The During the Employment Period, the Company shall pay the Executive a base salary at an annualized rate of $450,000, payable in installments on the Company’s regular payroll dates. The Board shall review Executive’s base salary annually during the Employment Period and may increase (but not decrease) such base salary from time to time, based on its periodic review of $340,000.00 in periodic installments Executive’s performance in accordance with the Company’s customary payroll practices, but no less frequently than semi-monthlyregular policies and procedures. The Executive’s annual 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 Executive’s annual base salary, as in effect payable to Executive from time to time, is time under this Section 4 shall hereinafter be referred to as the “Base Salary.”.

Base Salary. The Company shall pay the Executive an annualized annual base salary of $340,000.00 500,000 in periodic installments in accordance with the Company’s customary payroll practicespractices and applicable wage payment laws, 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 Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “Base Salary”.

Base Salary. The Commencing on the Effective Date, the Company shall will pay the Executive an annualized a base salary at the annual rate of $340,000.00 300,000, which amount shall be reviewed annually and subject to increase (but not decrease) at the good faith discretion of the Board (as adjusted from time to time, the “Base Salary”). The Base Salary will be payable in periodic substantially equal installments (no less frequently than bi-weekly) 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 Executive’s annual base salary, practices as in effect from time to time, is hereinafter referred to as “Base Salary”.