Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Period, the Company will pay the Executive base compensation (“Base Salary”) equal to $400,000 annually, paid in semi-monthly installments in accordance with the customary payroll practices of the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co)

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Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $400,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 5 contracts

Samples: Employment Agreement (TrueCar, Inc.), Senior Executive Employment Agreement (TrueCar, Inc.), Senior Executive Employment Agreement (TrueCar, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $250,000.00 as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually), which will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 5 contracts

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

Base Salary. During the Employment Period, the The Company will continue to pay Executive a monthly salary of $22,916.67, which is equivalent to an annual salary of $275,000, as compensation for his services (the Executive base compensation (“Base Salary”) equal ). The Base Salary will continue to $400,000 annually, be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices, and will be subject to the usual, required withholdings. Executive’s salary will continue to be subject to review, and upward adjustments may be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 4 contracts

Samples: Diorio Employment Agreement (Impinj Inc), Colleran Employment Agreement (Impinj Inc), Diorio Employment Agreement (Impinj Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $250,000.00 as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices and be subject to the usual, required withholdings. Company shall review the amount of the CompanyBase Salary from time to time, subject but shall not be required to adjustment, if and as determined by increase the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyBase Salary.

Appears in 4 contracts

Samples: Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Base Salary. During the Employment Period, the Company will pay Executive an annual salary of $500,000, as compensation for services (the Executive base compensation (“Base Salary”) equal ). The Base Salary will be paid according to $400,000 annually, paid in semi-monthly installments in accordance with the customary Company’s normal payroll practices of the Company, and subject to adjustment, if the usual and as determined required withholdings. Executive’s salary may be reviewed and adjusted annually by Executive’s Supervisor or the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyBoard.

Appears in 4 contracts

Samples: Separation Agreement and Release (GoDaddy Inc.), Separation Agreement and Release (GoDaddy Inc.), Separation Agreement and Release (GoDaddy Inc.)

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay the Executive base an annual salary of $300,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 4 contracts

Samples: Ronald Kisling Employment Agreement (Nanometrics Inc), Employment Agreement (Nanometrics Inc), Schaefer Employment Agreement (Nanometrics Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $250,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices, and will be subject to the usual, required withholding. Executive’s salary will be subject to review, and adjustments may be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 3 contracts

Samples: Executive Employment Agreement (Impinj Inc), Executive Employment Agreement (Impinj Inc), Executive Employment Agreement (Impinj Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $260,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, paid in semi-monthly installments ). The Company will pay the Base Salary periodically in accordance with the customary Company’s normal payroll practices of subject to the usual, required withholding. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 3 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During Subject to periodic review by the Employment PeriodBoard, the Company will pay the Executive base an annual salary of $400,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 3 contracts

Samples: Separation and Release of Claims Agreement (Td Ameritrade Holding Corp), Separation and Release of Claims Agreement (Td Ameritrade Holding Corp), Separation and Release of Claims Agreement (Td Ameritrade Holding Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $200,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 3 contracts

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

Base Salary. During the Employment Period, the The Company will pay Executive as compensation for his services a base salary at the Executive base compensation annualized rate of three hundred fifty thousand dollars ($350,000) (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 3 contracts

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

Base Salary. During Commencing with the Employment PeriodEffective Date, the Company will pay the Executive base an annual salary of $250,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal ). Executive’s Base Salary will be subject to $400,000 annually, annual review. The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and will be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 3 contracts

Samples: Dan Boncel Employment Agreement (Limelight Networks, Inc.), Employment Agreement (Limelight Networks, Inc.), Charles Kirby Wadsworth Employment Agreement (Limelight Networks, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $275,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 3 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $302,500 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall required withholdings. This salary may be applicable generally adjusted pursuant to a majority Section 3(c) of Managing Directors of the Companythis Agreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (Mast Therapeutics, Inc.), Executive Employment Agreement (Mast Therapeutics, Inc.), Executive Employment Agreement (Mast Therapeutics, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of Two Hundred Thousand Dollars and No Cents ($200,000.00) as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 3 contracts

Samples: Loren Hillberg Employment Agreement (TNAV Holdings, Inc.), Douglas Miller Employment Agreement (TNAV Holdings, Inc.), Haiping Jin Employment Agreement (TNAV Holdings, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $275,000 as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings and deductions. Executive’s salary will be subject to review and adjustments based upon the Company’s normal performance review practices, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyestablished.

Appears in 3 contracts

Samples: Christopher Molineaux Employment Agreement (Calithera Biosciences, Inc.), Sjogren Employment Agreement (Calithera Biosciences, Inc.), Mark Bennett Employment Agreement (Calithera Biosciences, Inc.)

Base Salary. During While employed by the Employment PeriodCompany, the Company will shall pay the Executive as compensation for his services a base compensation salary at the annualized rate of $100,000 (the "Base Salary”) equal to $400,000 annually, "). Such salary shall be paid in semi-monthly installments periodically in accordance with the customary normal Company payroll practices and subject to the usual, required withholding. The Base Salary shall be reevaluated yearly by the Compensation Committee of the Company, subject to adjustment, if Board (the "Committee") and as determined may be increased by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyCommittee in accordance with its normal practices.

Appears in 3 contracts

Samples: Employment Agreement (Travelscape Com Inc), Employment Agreement (Travelscape Com Inc), Employment Agreement (Travelscape Com Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $240,000 as compensation for Executive’s services (the Executive annual base compensation (salary as may be amended from time to time, the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companywithholdings.

Appears in 2 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $300,000 as compensation for her services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments at the discretion of the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of based upon the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Owens Employment Agreement (OvaScience, Inc.), Owens Employment Agreement (OvaScience, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $300,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of not less than $396,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Artelo Biosciences, Inc.), Employment Agreement (Artelo Biosciences, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annual salary of $275,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Tenon Medical, Inc.), Employment Agreement (Tenon Medical, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $625,001 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments in accordance through payroll periods that are consistent with the customary Company’s normal payroll practices of practices, but in all events will not be less frequent than once per month. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Solectron Corp), Paul Tufano Employment Agreement (Solectron Corp)

Base Salary. During the Employment PeriodTerm, the Company will shall pay to the Executive an annual base compensation salary of $500,000 (the “Base Salary”) equal to $400,000 annually), paid which Base Salary shall be payable at the times and in semi-monthly installments in accordance the manner consistent with the customary payroll practices Company’s general policies regarding compensation of the Company, subject to adjustment, if and as determined ’s senior executives. The Base Salary will be reviewed periodically by the Board provided any reduction shall Compensation Committee and may be increased (but not decreased, except for across-the-board reductions generally applicable generally to a majority of Managing Directors of the Company’s senior executives) from time to time in the Compensation Committee’s sole discretion.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $180,000 as compensation for Executive’s services (the Executive base compensation (“Base Salary”). The Base Salary will be paid periodically (but not less frequently than monthly) equal to $400,000 annually, paid in semi-monthly installments in accordance with the customary Company’s normal payroll practices of and be subject to the Companyusual required withholdings. Executive’s salary will be subject to review and adjustments on an annual basis, subject to adjustment, if and Executive’s rights to receive severance payments under Section 7(a) for a resignation for “Good Reason” as determined by the Board provided any reduction shall be applicable generally to a majority defined in Section 10(f) of Managing Directors of the Companythis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cue Biopharma, Inc.), Executive Employment Agreement (Cue Biopharma, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary (the Executive base compensation (“Base Salary”) equal to of $400,000 annually, 375,000 as compensation for Executive’s services. The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices practices. Executive’s Base Salary will be subject to review by the Compensation Committee (the “Compensation Committee”) of the Company, subject Board and adjustments to adjustment, if and as determined by the Board provided any reduction shall Base Salary may be applicable generally to a majority of Managing Directors of the Companymade in its discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (LogicBio Therapeutics, Inc.), Executive Employment Agreement (LogicBio Therapeutics, Inc.)

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay the Executive base an annual salary of $453,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal to $400,000 annually), paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Companypractices, but not less than monthly, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall required withholdings. Executive will not be applicable generally to a majority of Managing Directors of the Companyeligible for overtime pay.

Appears in 2 contracts

Samples: Employment Agreement (Miramar Labs, Inc.), Employment Agreement (Miramar Labs, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive a monthly salary equal to the monthly salary which the Company had paid Executive base compensation immediately prior to the Effective Date (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s salary will be subject to review, and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Fein Employment Agreement (Impinj Inc), Fein Employment Agreement (Impinj Inc)

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay the Executive base an annual salary of $650,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 2 contracts

Samples: Scott Murray Employment Agreement (3com Corp), Scott Murray Employment Agreement (3com Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his or her services a base salary at the Executive base compensation annualized rate of not less than $185,000, as adjusted from time to time as provided herein (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentstandard federal, state and local withholding. Executive’s performance will be reviewed at least annually to determine if and as determined by the Board provided any reduction an increase in compensation is appropriate, which increase shall be applicable generally to a majority of Managing Directors in the sole discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Luna Innovations Inc), Employment Agreement (Luna Innovations Inc)

Base Salary. During From the Employment PeriodEffective Date, the Company will pay Executive an annual salary of $[ ] as compensation for [his/her] services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s salary will be subject to review, and Executive will be eligible for adjustments based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Separation Agreement and Release (Loyalty Alliance Enterprise Corp), Employment Agreement (Loyalty Alliance Enterprise Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $300,000 as compensation for Executive’s services (the Executive annual base compensation (salary as may be amended from time to time, the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if required withholding. Executive’s Base Salary will be subject to review and as determined adjustments will be made by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of or its authorized committee (the “Committee”) based upon the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $330,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices, and will be subject to the usual, required withholding. Executive’s salary will be subject to review, and adjustments may be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Impinj Inc), Executive Employment Agreement (Impinj Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $364,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avi Biopharma Inc), Executive Employment Agreement (Avi Biopharma Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of Three Hundred Thousand Dollars ($300,000.00) as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of for its senior executives. Executive’s salary will be subject to review and possible increase based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (FusionStorm Global, Inc.), Employment Agreement (FusionStorm Global, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $240,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodEffective as of April 1, 2010, the Company will pay the Executive an annual base salary of $350,000 as compensation for his services (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. The Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Ellie Mae Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $310,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During the Employment Period, the Company will pay the Executive base As compensation (“Base Salary”) equal to $400,000 annually, paid in semi-monthly installments in accordance with the customary payroll practices of for performing services for the Company, subject Executive shall be entitled to adjustmentan annual salary of $ 180,000.00, if and as determined payable in bi-weekly installments consistent with the Company’s payroll practices. The annual base salary will be reviewed annually by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyCompensation Committee.

Appears in 2 contracts

Samples: Employment Agreement (Transglobal Assets, Inc.), Executive Employment Agreement (Transglobal Assets, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for Executive’s services a base salary at the Executive base compensation annualized rate of $200,000 (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 2 contracts

Samples: Employment Agreement (Somera Communications Inc), Zan Moore Employment Agreement (Somera Communications Inc)

Base Salary. During While employed by the Employment PeriodCompany, the Company will shall pay the Executive as compensation for his services a base compensation salary at the annualized rate of three hundred and fifty thousand dollars ($350,000) (the “Base Salary”) equal to $400,000 annually, ). Such salary shall be paid in semi-monthly installments periodically in accordance with the customary normal Company payroll practices and subject to the usual, required withholding. Executive’s Base Salary shall be reviewed annually by the Compensation Committee of the Company, subject to adjustment, if Board for possible adjustments in light of Executive’s performance and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companycompetitive data.

Appears in 2 contracts

Samples: Employment Agreement (3PAR Inc.), Agreement (3PAR Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $615,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay the Executive base an annual salary of $350,000 as compensation for his services (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 2 contracts

Samples: Sisto Employment Agreement (Hi/Fn Inc), Sisto Employment Agreement (Hi/Fn Inc)

Base Salary. During While employed by the Employment PeriodCompany, the Company will shall pay the Executive as compensation for his services a base compensation salary at the annualized rate of $275,000 (as may be increased from time to time, the “Base Salary”) equal to $400,000 annually, ). Such salary shall be paid in semi-monthly installments periodically in accordance with the customary normal Company payroll practices of the Company, and subject to adjustment, if and as determined applicable withholding. Executive’s Base Salary shall be reviewed annually by the Board provided any reduction shall be applicable generally to a majority Chief Executive Officer for possible increases in light of Managing Directors of the CompanyExecutive’s performance and competitive data.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $400,000 as compensation for his services (the Executive base compensation (“"Base Salary”) equal to $400,000 annually, "). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company's normal payroll practices of and be subject to the usual, required withholding. Executive's salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company's normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Integrated Telecom Express Inc/ Ca), Employment Agreement (Integrated Telecom Express Inc/ Ca)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for Executive’s services a base salary at the Executive base compensation annualized rate of $225,000 (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 2 contracts

Samples: Kent Coker Employment Agreement (Somera Communications Inc), Employment Agreement (Somera Communications Inc)

Base Salary. During the Employment Period, the The Company will pay Executive an annual salary of $350,000, as compensation for services (the Executive base compensation (“Base Salary”) equal ). The Base Salary will be paid according to $400,000 annually, paid in semi-monthly installments in accordance with the customary Company’s normal payroll practices of the Company, and subject to adjustment, if the usual and as determined required withholdings. Executive’s Base Salary will be reviewed and adjusted annually by the Board provided any reduction shall be applicable generally to a majority of Managing Directors or an authorized committee of the CompanyBoard (either, a “Committee”).

Appears in 2 contracts

Samples: Confidential Information and Inventions Assignment Agreement (Blackline, Inc.), Confidential Information and Inventions Assignment Agreement (Blackline, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $560,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall required withholdings. This salary may be applicable generally adjusted pursuant to a majority Section 3(c) of Managing Directors of the Companythis Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Savara Inc), Executive Employment Agreement (Savara Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive, a base salary at the Executive base compensation rate of $300,000 per year (the "Base Salary”) equal "), subject to $400,000 annuallyperiodic review and modification, solely at the Company's discretion. The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company's normal employee payroll practices of the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companypractices.

Appears in 2 contracts

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

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay Executive an annualized base salary of $150,000 as compensation for his services, subject to review from time to time by the Executive base compensation Compensation Committee of the Board (the “Compensation Committee”) (such annual salary, as is then effective, to be referred to herein as “Base Salary”) equal ). All compensation paid to $400,000 annually, Executive will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 2 contracts

Samples: Employment Agreement (Eastside Distilling, Inc.), Employment Agreement (Eastside Distilling, Inc.)

Base Salary. During the Employment Period, the Company will shall pay the to Executive a base compensation (“Base Salary”) equal to in the amount of One Hundred Eighty Two Thousand Five Hundred Dollars ($400,000 annually182,500) per annum, paid payable in semi-monthly periodic installments in accordance with the Company’s customary payroll practices of the Company, in effect from time to time. Executive’s Base Salary shall be subject to adjustment, if all applicable withholdings and as determined by the Board provided any reduction deductions. Executive’s Base Salary shall be applicable generally subject to a majority of Managing Directors of the Companyreview no less frequently than annually.

Appears in 2 contracts

Samples: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $325,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

Base Salary. During the Employment Period, the Company will pay Executive an annual salary of $450,000, as compensation for services (the Executive base compensation (“Base Salary”) equal ). The Base Salary will be paid according to $400,000 annually, paid in semi-monthly installments in accordance with the customary Company’s normal payroll practices of the Company, and subject to adjustment, if the usual and as determined required withholdings. Executive’s salary may be reviewed and adjusted annually by Executive’s Supervisor or the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyBoard.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Company will shall pay the to Executive a base compensation (“Base Salary”) equal to in the amount of One Hundred Seventy Five Thousand Dollars ($400,000 annually175,000) per annum, paid payable in semi-monthly periodic installments in accordance with the Company’s customary payroll practices of the Company, in effect from time to time. Executive’s Base Salary shall be subject to adjustment, if all applicable withholdings and as determined by the Board provided any reduction deductions. Executive’s Base Salary shall be applicable generally subject to a majority of Managing Directors of the Companyreview no less frequently than annually.

Appears in 2 contracts

Samples: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will shall pay to the Executive a base compensation salary of $450,000 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”) equal to $400,000 annually, paid in semi-monthly installments ). The Base Salary shall be reviewed on an annual basis for increases in accordance with the customary payroll practices review process for senior level executives of the Company, subject to adjustment, if and as determined by the Board provided any reduction . The Base Salary shall be applicable generally to a majority of Managing Directors of payable in accordance with the Company’s normal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Covetrus, Inc.), Employment Agreement (HS Spinco, Inc.)

Base Salary. During As consideration for the Employment Periodservices of Executive hereunder, during the Term, the Company will shall pay Executive an annual base salary of $400,000 (the Executive base compensation (“Base Salary”) equal to $400,000 annually), paid in semi-monthly installments payable in accordance with the Company’s customary payroll practices as in effect from time to time. The CEO shall perform an annual review of Executive’s compensation based on Executive’s performance of Executive’s duties and the Company, subject ’s other compensation policies. The term Base Salary shall include any changes to adjustment, if and as determined by the Board provided any reduction shall be applicable generally Base Salary from time to a majority of Managing Directors of the Companytime.

Appears in 2 contracts

Samples: Senior Management Agreement, Senior Management Agreement (Huron Consulting Group Inc.)

Base Salary. During the Employment Period, the Company will shall pay the to Executive a base compensation (“Base Salary”) equal to in the amount of Two Hundred Forty Thousand Dollars ($400,000 annually240,000) per annum, paid payable in semi-monthly periodic installments in accordance with the Company’s customary payroll practices of the Company, in effect from time to time. Executive’s Base Salary shall be subject to adjustment, if all applicable withholdings and as determined by the Board provided any reduction deductions. Executive’s Base Salary shall be applicable generally subject to a majority of Managing Directors of the Companyreview no less frequently than annually.

Appears in 2 contracts

Samples: Employment Agreement (Direct Communication Solutions, Inc.), Employment Agreement (Direct Communication Solutions, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of [$120,000] as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will shall pay to the Executive a base compensation salary of $650,000.00 annually, which shall be subject to review and, at the option of the Compensation Committee of the board of directors of the Company (the “Compensation Committee”), subject to increase (such salary, as the same may be increased from time to time as aforesaid, being referred to herein as the “Base Salary”) equal to $400,000 annually, paid in semi-monthly installments ). The Base Salary shall be reviewed on an annual basis for increases in accordance with the customary payroll practices review process for senior level executives of the Company, subject to adjustment, if and as determined by the Board provided any reduction . The Base Salary shall be applicable generally to a majority of Managing Directors of payable in accordance with the Company’s normal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (Covetrus, Inc.), Employment Agreement (HS Spinco, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an initial annualized salary of $385,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary shall be paid in semi-monthly equal installments in accordance with the customary Company’s normal payroll practices of and subject to required withholding and deductions. The Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trevena Inc), Executive Employment Agreement (Trevena Inc)

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Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $450,000 as compensation for Executive’s services (the Executive annual base compensation (salary as may be amended from time to time, the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if required withholding. Executive’s Base Salary will be subject to review and as determined adjustments will be made by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of or its authorized committee (the “Committee”) based upon the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay to the Executive a base compensation salary at the annualized rate of $800,000 (the base salary in effect from time to time, the “Base Salary”) equal ). The Base Salary will be paid to $400,000 annually, paid in semi-monthly installments the Executive in accordance with the Company’s customary payroll compensation practices of from time to time in effect for the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s senior executive officers.

Appears in 2 contracts

Samples: Employment Agreement (BrightSpire Capital, Inc.), Employment Agreement (Colony Credit Real Estate, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $375,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During As of the Employment PeriodStart Date, the Company will pay Executive an annual salary of Four Hundred Thousand Dollars and Zero Cents ($400,000.00) as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $330,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $300,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $240,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $360,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices, and will be subject to the usual, required withholding. Executive’s salary will be subject to review, and adjustments may be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment and Arbitration Agreement (Impinj Inc), Employment and Arbitration Agreement (Impinj Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual base salary of $350,000.00 as compensation for Executive’s services (the Executive annual base compensation (salary as may be amended from time to time, the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if required withholding. Executive’s Base Salary will be subject to review and as determined adjustments will be made by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of or its authorized committee (the “Committee”) based upon the Company’s normal performance review practices.

Appears in 2 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $250,000 as compensation for his services (as adjusted from time to time, the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the The Company will pay the Executive an annual salary of $450,000 as compensation for Executive’s services. The annual base compensation (“Base Salary”) equal to $400,000 annually, salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s annual base salary will be subject to periodic review by the Company’s board of directors or its compensation committee (either, subject to adjustment, if the “Committee”) and as determined adjustments may be made by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyCommittee.

Appears in 2 contracts

Samples: Executive Employment Agreement (Advance Holdings, LLC), Executive Employment Agreement (Advance Holdings, LLC)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his services a base salary at the Executive base compensation annualized rate of $225,000 (the "Base Salary”) equal to $400,000 annually, "). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company's normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 2 contracts

Samples: Severance Agreement and Release (Gadzoox Networks Inc), Employment Agreement (Clickservice Software LTD)

Base Salary. During Effective as of the Effective Date and for the remainder of the Employment PeriodTerm, the Company will pay Executive an annual salary of $640,000 as compensation for Executive’s employment services to the Executive base compensation Company (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review at least annually and adjustments will be made based upon the Company’s normal performance review practices, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of commencing with the Company’s 2024 normal review process.

Appears in 1 contract

Samples: Executive Employment Agreement (Aadi Bioscience, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his services a base salary at the Executive base compensation annualized rate of $195,000 (the "Base Salary”) equal "). The Base Salary will be subject to $400,000 annuallyannual review by the Board, will be paid in semi-monthly installments periodically in accordance with the customary Company's normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 1 contract

Samples: Kaplan Retention Agreement (Omneon Video Networks, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $230,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Healthetech Inc)

Base Salary. During the Employment Periodfiscal year 2008, the Company will pay Executive an annual salary of $575,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if required withholding. Executive’s salary will be subject to review, and as determined by adjustments will be made based upon the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyCompanys standard practices.

Appears in 1 contract

Samples: Employment Agreement (Tibco Software Inc)

Base Salary. During As compensation for the performance by the Executive of his obligations hereunder, during the Employment Period, the Company will shall pay the Executive a base compensation salary at an annual rate of $480,000 (the “Base Salary”) equal to $400,000 annually, paid in semi-monthly installments ). The Base Salary shall be payable in accordance with the customary Company’s regularly established payroll practices practice. The Company shall conduct an annual review of the CompanyBase Salary and may increase (but not decrease) such Base Salary in its sole discretion, subject to adjustment, if based on the performance of the Executive and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $490,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Avi Biopharma (Avi Biopharma Inc)

Base Salary. During the Employment PeriodTerm, effective March 1, 2024, the Company will pay Executive an annual salary of $525,000.00 as compensation for Executive’s services (the Executive base compensation (“Base Salary”). The Base Salary will be paid periodically (but not less frequently than bi-monthly) equal to $400,000 annually, paid in semi-monthly installments in accordance with the customary Company’s normal payroll practices of and be subject to the usual required withholdings. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Pulse Biosciences, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $225,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of practices. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Stephen Webb Employment Agreement (Healthetech Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $[___] as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments in accordance through payroll periods that are consistent with the customary Company’s normal payroll practices of practices, but in all events will not be less frequent than once per month. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Solectron Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $450,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices and be subject to the usual, required withholdings. Executive’s salary will be subject to review annually at the beginning of each calendar year and may be increased based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Intermedia Cloud Communications, Inc.)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $600,000.00 as compensation for Executive’s services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices and be subject to the usual, required withholdings. Company shall review the amount of the CompanyBase Salary from time to time, subject but shall not be required to adjustment, if and as determined by increase the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyBase Salary.

Appears in 1 contract

Samples: Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Base Salary. During While employed by the Employment PeriodCompany, the Company will shall pay the Executive as compensation for his services a base compensation salary at the annualized rate of $345,000 (the "Base Salary”) equal to $400,000 annually, "). Such salary shall be paid in semi-monthly installments periodically in accordance with the customary normal Company payroll practices and subject to the usual, required withholding. Executive's Base Salary shall be reviewed annually by the Compensation Committee of the Company, subject to adjustment, if Board for possible adjustments in light of Executive's performance and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companycompetitive data.

Appears in 1 contract

Samples: Employment Agreement (Linear Technology Corp /Ca/)

Base Salary. During the Employment Period, the Company will pay Executive a base salary at the Executive base compensation rate of $350,000 (THREE HUNDRED FIFTY THOUSAND DOLLARS) per year (“Base Salary”) equal ), to $400,000 annually, be paid in semi-monthly approximately equal installments in accordance with the Company’s customary payroll practices in effect from time to time. The level of Executive’s Base Salary will be subject to review as part of the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s ordinary course annual review process.

Appears in 1 contract

Samples: Employment Agreement (Hyzon Motors Inc.)

Base Salary. During the Employment Period, the The Company will pay the Executive an annual salary of $300,000 as compensation for Executive’s services. The annual base compensation (“Base Salary”) equal to $400,000 annually, salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholdings. Executive’s annual base salary will be subject to periodic review by the Company’s board of directors or its compensation committee (either, subject to adjustment, if the “Committee”) and as determined adjustments may be made by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the CompanyCommittee.

Appears in 1 contract

Samples: Executive Employment Agreement (Advance Holdings, LLC)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his services, a base salary at the Executive base compensation annualized rate of $540,750.00 (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and is subject to lawfully required withholdings. Annual adjustments to the Base Salary may be made in the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s sole discretion.

Appears in 1 contract

Samples: Executive Employment Agreement (Komag Inc /De/)

Base Salary. During While employed by the Employment PeriodCompany, the Company will shall pay the Executive as compensation for his services a base compensation salary at the annualized rate of $405,000 (the “Base Salary”) equal to $400,000 annually, ). Such salary shall be paid in semi-monthly installments periodically in accordance with the customary normal Company payroll practices and subject to the usual, required withholding. Executive’s Base Salary shall be reviewed annually by the Compensation Committee of the Company, subject to adjustment, if Board for possible adjustments in light of Executive’s performance and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companycompetitive data.

Appears in 1 contract

Samples: Linear Technology (Linear Technology Corp /Ca/)

Base Salary. During As of the Employment PeriodEffective Date, the Company will pay Executive an annual salary of $250,000 as compensation for his services (the Executive base compensation (“"Base Salary”) equal to $400,000 annually, "). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company's normal payroll practices of (but no less frequently than once per month) and be subject to the usual, required withholding. Executive's salary will be subject to review and any increases will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company's standard practices.

Appears in 1 contract

Samples: John Gross Employment Agreement (Majesco Entertainment Co)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of [US$ ] as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s salary will be subject to review, and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Form Employment Agreement (Spreadtrum Communications Inc)

Base Salary. During the Employment Period, the The Company will pay Executive as compensation for her services, a base salary at the Executive base compensation annualized rate of $760,000 (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices and is subject to lawfully required withholdings. Adjustments to the Base Salary may be made in the sole discretion of the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors Compensation Committee of the CompanyBoard.

Appears in 1 contract

Samples: Janet Hayes Employment Agreement (Williams Sonoma Inc)

Base Salary. During Commencing on the Employment PeriodEffective Date, the Company will pay Executive an annual salary of $350,000 as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s Base Salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Soleno Therapeutics Inc)

Base Salary. During the Employment Period, the The Company will pay the Executive as compensation for his services under this Agreement a base compensation salary at the annualized rate of $350,000 (the "Base Salary”) equal to $400,000 annually, "). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company's normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired employee withholdings.

Appears in 1 contract

Samples: Employment Agreement (Cellcyte Genetics Corp)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $540,750 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 1 contract

Samples: Executive Employment Agreement (Savara Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of US$[ ] as compensation for his services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of and be subject to the usual, required withholding. Executive’s salary will be subject to review and adjustments will be made based upon the Company, subject to adjustment, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Company’s normal performance review practices.

Appears in 1 contract

Samples: Employment Agreement (Spreadtrum Communications Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for Executive’s services a base salary at the Executive base compensation annualized rate of $230,000 (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 1 contract

Samples: Scott Willis Employment Agreement (Somera Communications Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his services a base salary at the Executive base compensation annualized rate of Two-Hundred Thousand Dollars ($200,000.00) (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholding.

Appears in 1 contract

Samples: Extend Health (Extend Health Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive as compensation for his services a base salary at the Executive base compensation annualized rate of two hundred seventy five thousand dollars ($275,000) (the “Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if required withholding, and as determined shall be subject to annual review by the Board provided for any reduction shall be applicable generally to a majority of Managing Directors of the Companyappropriate adjustment.

Appears in 1 contract

Samples: Joseph Beechem Employment Agreement (NanoString Technologies Inc)

Base Salary. During the Employment PeriodTerm, the Company will pay Executive an annual salary of $350,000 as compensation for services (the Executive base compensation (“Base Salary”) equal to $400,000 annually, ). The Base Salary will be paid in semi-monthly installments periodically in accordance with the customary Company’s normal payroll practices of the Company, and be subject to adjustmentthe usual, if and as determined by the Board provided any reduction shall be applicable generally to a majority of Managing Directors of the Companyrequired withholdings.

Appears in 1 contract

Samples: Employment Agreement (Otonomy, Inc.)

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