Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 5 contracts
Sources: Employment Agreement, Employment Agreement (Amneal Pharmaceuticals, Inc.), Memorandum of Understanding (Atlas Holdings, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000250,000.00 (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee sole discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 5 contracts
Sources: Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Metropolitan Health Networks Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of One Hundred Eighty Thousand ($750,000180,000) Dollars (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 5 contracts
Sources: Employment Agreement (World Commerce Online Inc), Employment Agreement (World Commerce Online Inc), Employment Agreement (World Commerce Online Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a an initial base salary at the annual rate of $750,000180,000 per annum (the "Base Salary"). Such Base Salary shall be payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary and Executive’s other forms of compensation shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased (but may not be decreased) at any time or from time to time in its discretion, payable in accordance with time. In no event shall the payroll practices of Amneal (the “Base Salary”)Salary be deemed a Draw.
Appears in 4 contracts
Sources: Merger Agreement (National Holdings Corp), Merger Agreement (Vfinance Inc), Agreement and Plan of Merger (National Holdings Corp)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) of $380,000 per year. The Base Salary shall be reviewed annually by the Board of Directors of the Company (the “Board”) and may be increased (but not reduced) from time to time by the Board in its sole discretion. The Base Salary shall be paid in accordance with the Company’s customary payroll practices, as in effect from time to time, but no less often than monthly.
Appears in 4 contracts
Sources: Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000, 825,000 per year. Such base salary shall be subject to increase, or periodic increase (but no decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal ) from time to time as determined by the Beacon Board or the Compensation Committee of the Board in its sole discretion (as may increase from time to time in its discretiontime, payable in accordance with the payroll practices of Amneal (the “Base Salary”). Base Salary shall be payable in such manner and at such times as the Company shall pay base salary to other similarly situated executive employees.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement (BJ's Wholesale Club Holdings, Inc.), Employment Agreement (BJ's Wholesale Club Holdings, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) of $360,000 per year. The Base Salary shall be reviewed annually by the Board of Directors of the Company (the “Board”) and may be increased (but not reduced) from time to time by the Board in its sole discretion. The Base Salary shall be paid in accordance with the Company’s customary payroll practices, as in effect from time to time, but no less often than monthly.
Appears in 4 contracts
Sources: Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.)
Base Salary. During the TermTerm of this Agreement, the Executive shall be entitled to receive a base salary at the annual a gross rate of Seventy-Five Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 75,000) per annum (the “Base Salary”), payable in substantially equal installments in accordance with the Company’s normal payroll practices for payment of its employees, as in effect from time to time. Executive’s Base Salary shall be subject to upward adjustment from time to time, as determined by the Board (or a committee thereof) in its sole discretion, but shall not be adjusted downward.
Appears in 4 contracts
Sources: Employment Agreement (Twin Vee PowerCats, Co.), Employment Agreement (Forza X1, Inc.), Employment Agreement (Forza X1, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary (the "Base Salary") at least equal to the annual rate of $750,000, subject Base Salary paid to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined Executive by the Board or Corporation within one year prior to the Compensation Committee of the Board Change Date. The Base Salary shall be reviewed at least once each year and shall be increased at any time and from time to time in its discretionby action of the President, payable Board or any committee thereof. The Base Salary shall be paid in accordance with the payroll practices of Amneal (the “Base Salary”)Corporation's regular practices.
Appears in 4 contracts
Sources: Change of Control Agreement (Rainbow Technologies Inc), Change of Control Agreement (Rainbow Technologies Inc), Change of Control Agreement (Rainbow Technologies Inc)
Base Salary. During the Employment Term, the Executive shall be entitled to receive a base salary (“Base Salary”) at the annual rate of at least One Million One Hundred Thousand Dollars ($750,0001,100,000.00) for services rendered to the Company or any of its direct or indirect subsidiaries, subject to increase, or decrease, only if salary decreases are concurrently implemented across payable in accordance with the senior executives of Amneal as determined Company’s regular payroll practices (but no less frequently than monthly). The Executive’s Base Salary will be reviewed annually by the Board or the Compensation Committee of the Board from time to time and may be adjusted in its the Compensation Committee’s discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 3 contracts
Sources: Employment Agreement, Employment Agreement, Employment Agreement (World Wrestling Entertainmentinc)
Base Salary. During the Term, the The Executive shall will be entitled to receive paid a base salary at the annual initial rate of two hundred and fifty thousand dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 250,000.00) per year (the “Base Salary”). Base Salary shall be subject to annual review for additional increase, but not decrease, in the sole discretion of the Board. The Base Salary will be payable in equal periodic installments in accordance with Chanticleer customary payroll practices.
Appears in 3 contracts
Sources: Employment Agreement, Employment Agreement (Amergent Hospitality Group, Inc), Employment Agreement (Chanticleer Holdings, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000250,000 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives discretion of Amneal as determined by the Board or the Compensation Committee of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 3 contracts
Sources: Employment Agreement (Terremark Worldwide Inc.), Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc.)
Base Salary. During As of the TermEffective Date, the Executive shall be entitled to receive a an annual base salary at the annual rate (“Base Salary”) of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion500,000 per year, payable in accordance with the Company’s normal payroll practices of Amneal procedures and may be increased (but not decreased) by the CEO together with the Compensation Committeee (as defined below) in its sole discretion (such salary, as may be increased, the “Base Salary”). For the avoidance of doubt, the position is exempt from any and all overtime laws.
Appears in 3 contracts
Sources: Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 150,000.00 (the “Base Salary”)) during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to applicable withholding and other taxes. The Base Salary shall be reviewed, at least annually, for merit increases and may, by action and in the sole discretion of the Board, be increased at any time or from time to time.
Appears in 3 contracts
Sources: Employment Agreement (Datrek Miller International, Inc.), Employment Agreement (Datrek Miller International, Inc.), Employment Agreement (Datrek Miller International, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000350,000.00 (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee sole discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 3 contracts
Sources: Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc)
Base Salary. During the Term, the for all services rendered under this Agreement, Executive shall be entitled to receive a an aggregate annual base salary (“Base Salary”) at the annual an initial rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion1,000,000, payable in accordance with the Company’s applicable payroll practices of Amneal practices. Base Salary may be increased (but not decreased) on an annual basis as determined by the “Board in its sole discretion. References in this Agreement to Base Salary”)Salary shall be deemed to refer to the most recently effective annual base salary rate.
Appears in 3 contracts
Sources: Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of no less than $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion1,000,000 per year, payable in accordance with the usual payroll practices of Amneal the Company (the “Base Salary”).
Appears in 3 contracts
Sources: Employment Agreement (Las Vegas Sands Corp), Employment Agreement (Las Vegas Sands Corp), Employment Agreement (Las Vegas Sands Corp)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000500,000.00 (Five Hundred Thousand and 00/100 Dollars) during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)applicable withholding and other taxes.
Appears in 3 contracts
Sources: Executive Employment Agreement (Atlantic International Corp.), Executive Employment Agreement (SeqLL, Inc.), Executive Employment Agreement (SeqLL, Inc.)
Base Salary. During The Executive will receive from the Term, the Executive shall be entitled to receive a Employer an annual aggregate base salary at the annual rate of Five Hundred Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 500,000) (the “Base Salary”), payable in accordance with the standard practice of the Employer in the payment of salaries of its employees but no less frequently than monthly. The Board will review the Base Salary annually, and may, in its sole and absolute discretion, increase the Base Salary. The Executive’s Base Salary may not be reduced.
Appears in 3 contracts
Sources: Contribution Agreement, Contribution Agreement (Liquid Holdings Group LLC), Contribution Agreement (Liquid Holdings Group LLC)
Base Salary. During the Term, the The Executive shall be entitled to receive a compensated at an annual base salary at the annual rate of which initially shall be Two Hundred Seventy Five Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 275,000) (the “Base Salary”). The Base Salary shall be reviewed for increase (if any) each year by the Compensation Committee of the Corporation’s Board of Directors and (the “Compensation Committee”), with the first such review to occur in respect of the Base Salary to be paid for the calendar year commencing January 1, 2014.
Appears in 3 contracts
Sources: Employment Agreement (Alliancebernstein Holding L.P.), Employment Agreement (Alliancebernstein Holding L.P.), Employment Agreement (Alliancebernstein L.P.)
Base Salary. During the Term, the The Executive shall be entitled to receive a an initial base salary at the annual rate of One Hundred Seventy Thousand Dollars ($750,000170,000.00) (the "Base Salary"), with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall also be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 3 contracts
Sources: Employment Agreement (Hte Inc), Employment Agreement (Hte Inc), Employment Agreement (Hte Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual annualized rate of $750,000400,000 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 3 contracts
Sources: Executive Employment Agreement (Leap Therapeutics, Inc.), Executive Employment Agreement (Leap Therapeutics, Inc.), Executive Employment Agreement (Leap Therapeutics, Inc.)
Base Salary. During Executive’s base salary (“Base Salary”) during the Term, the Executive Term shall be entitled to receive a base salary at the annual rate of one million dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion1,000,000) per annum, payable in accordance with the normal payroll practices and no less frequently than on a monthly basis. The amount of Amneal Executive’s Base Salary shall be reviewed annually and may, at the discretion of the Board, be adjusted (but never below the “then Base Salary”). Any such increased amount shall constitute Base Salary hereunder.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Willis Group Holdings PLC)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary (as may be increased from time to time, “Base Salary”), paid in accordance with the normal payroll practices of Employer, at the an annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board 1,100,000. The Base Salary shall be reviewed from time to time in its discretion, payable in accordance with Employer’s policies and practices, but no less frequently than once annually and may be increased, but not decreased from its then current level, at any time and from time to time by action of the payroll practices of Amneal (the “Base Salary”)Compensation Committee and Board.
Appears in 2 contracts
Sources: Executive Employment Agreement, Executive Employment Agreement (Hershey Co)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate Base Salary of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, 1,100,000 per annum payable in accordance with the Company's customary payroll practices for the payment of Amneal (executive salaries. The Executive's Base Salary shall be reviewed and may be increased, but not decreased, annually by the “Base Salary”)Compensation Committee pursuant to its normal performance review policies for senior executives, with the first such review occurring in 2003.
Appears in 2 contracts
Sources: Employment Agreement (Qwest Communications International Inc), Employment Agreement (Qwest Communications International Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000300,000 (the "Base Salary") during the term of this Agreement, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee reasonable discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance based upon a competitive market analysis of comparable companies, as well as published survey data, with respect to compensation paid to individuals similarly situated to the payroll practices of Amneal (the “Base Salary”)Executive.
Appears in 2 contracts
Sources: Employment Agreement (Altiva Financial Corp), Employment Agreement (Mego Mortgage Corp)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 190,000.00 (the “Base Salary”)) during the Term of Employment, with such Base Salary payable in install-ments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. The Base Salary shall be reviewed, at least annually, for merit increases and may, by action and in the sole discretion of the Board, be increased at any time or from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Metropolitan Health Networks Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary commencing on the Effective Date and during his employment hereunder of $185,000 per annum (the "Base Salary"), which amount may be increase annually at the annual rate discretion of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time (the "Committee"). The Base Salary shall be paid to time in its discretion, payable Executive by the Company in accordance with the Company's regular payroll practices of Amneal (the “Base Salary”)practice as in effect from time to time.
Appears in 2 contracts
Sources: Executive Agreement (Bankrate Inc), Executive Agreement (Bankrate Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate consistent with existing salary (the "BASE SALARY") during the Term of $750,000Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Egpi Firecreek, Inc.), Employment Agreement (Egpi Firecreek, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of One Hundred Forty-two Thousand Five Hundred Dollars ($750,000142,500) (the "Base Salary") during the term of this Agreement, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary also shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit and cost of living adjustment increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Hte Inc), Employment Agreement (Hte Inc)
Base Salary. During the TermTerm of Employment, the Executive shall be entitled to receive a base salary at of no less than $175,000.00 per annum (“Base Salary”) payable in equal semi-monthly installments. Such Base Salary shall be reviewed annually for increase in the annual rate sole discretion of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (thereof. Any such salary increase shall then be the “Base Salary”)” for purposes of this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Ascent Assurance Inc), Employment Agreement (Ascent Assurance Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual a rate of two-hundred seventy-five thousand dollars ($750,000275,000.00) per annum, subject to increasewhich base salary shall be payable in accordance with the payroll practices of the Company, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal with such increases as may be determined by the Board or the Compensation Committee of the Board from time to time in its discretionsole discretion (as increased from time to time, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement (Signature Group Holdings Inc), Employment Agreement (Signature Group Holdings Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to one hundred and fifteen thousand dollars ($115,000) per annum (the annual rate of $750,000"Base Salary"), subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable which Base Salary shall be paid in accordance with the Company's generally applicable payroll practices of Amneal and procedures (or in such other manner as the “Executive and the Company may otherwise agree). The Base Salary”Salary shall be reviewed for adjustment by the Board annually (commencing on or about January 1, 2002, and on or about each January 1 thereafter during the Employment Period).
Appears in 2 contracts
Sources: Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/)
Base Salary. During the Term, the The Executive shall be entitled to receive a an annual base salary at of three hundred and sixty thousand dollars ($360,000) during the annual rate Term of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal Employment (the “Base Salary”). The Base Salary shall be payable in accordance with the Company’s regular payroll practice for senior officers of the Company, as in effect from time to time. The Base Salary shall be reviewed from time to time, and, in the sole discretion of the Group CEO, may be adjusted but may not be decreased below three hundred and sixty thousand dollars ($360,000) per annum.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Aspen Insurance Holdings LTD)
Base Salary. During the Term, the The Executive shall initially be entitled to receive paid a base salary at (the annual rate "Base Salary") of One Hundred Twenty Thousand Dollars ($750,000120,000) per year, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined which shall be periodically reviewed and increased by the Board or the Compensation Committee of the Board from time to time Board, in its sole discretion, payable during the Employment Term. All compensation shall be made in accordance with the standard payroll practices of Amneal (the “Base Salary”)Company.
Appears in 2 contracts
Sources: Executive Employment Agreement (McMillen Charles Thomas), Executive Employment Agreement (Celerity Systems Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to one hundred and five thousand dollars ($105,000) per annum (the annual rate of $750,000"Base Salary"), subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable which Base Salary shall be paid in accordance with the Company's generally applicable payroll practices of Amneal and procedures (or in such other manner as the “Executive and the Company may otherwise agree). The Base Salary”Salary shall be reviewed for adjustment by the Board annually (commencing on or about January 1, 2002, and on or about each January 1 thereafter during the Employment Period).
Appears in 2 contracts
Sources: Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary (“Base Salary”) at the annual initial rate of Two Hundred Twenty-Five Thousand Dollars ($750,000, 225,000) per year. Executive’s Base Salary shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined discretionary increases (but not decreases) based on an annual review by the Company’s Board of Directors or the its Compensation Committee of the Board from time to time in its discretion, payable Committee. Executive’s Base Salary shall be paid in accordance with the standard payroll practices of Amneal (the “Base Salary”)Company in effect from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Quad/Graphics, Inc.), Employment Agreement (Quad/Graphics, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a an aggregate annual base salary (“Base Salary”) at the annual an initial rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion519,750.00, payable in accordance with the Company’s applicable payroll practices of Amneal practices. Base Salary shall be reviewed annually by the Board and increased (but not decreased) in the “Board’s sole discretion. References in this Agreement to Base Salary”)Salary shall be deemed to refer to the most recently effective annual base salary rate.
Appears in 2 contracts
Sources: Employment Agreement (Vistra Corp.), Employment Agreement (Vistra Corp.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary Base Salary at the annual rate of Two Hundred One Thousand Dollars ($750,000, subject 201,000) per annum which shall be payable in semi-monthly installments in conformity with the Company's policy relating to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal its employees generally as determined in effect from time to time. Executive's Base Salary shall be reviewed periodically by the Board or the Compensation Committee and may be increased by action of the Board from time to time upon such review, but Executive's salary shall not be decreased except as provided in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)Sections 4 and 5.
Appears in 2 contracts
Sources: Executive Employment Agreement (American Health Properties Inc), Executive Employment Agreement (American Health Properties Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a paid an annual base salary at the annual rate (a “Base Salary”) of Two Hundred Eighty-Five Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion285,000), payable in accordance with the Employer’s normal payroll practices and subject to an annual review and possible upward adjustment pursuant to such annual review by the Board based on Executive’s performance hereunder. All payments hereunder shall be subject to the deduction of Amneal (the “Base Salary”)payroll taxes and other withholdings and assessments as required by law.
Appears in 2 contracts
Sources: Executive Agreement (Global Imaging Systems Inc), Executive Agreement (Global Imaging Systems Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to Two Hundred Twenty Thousand Dollars ($220,000) per annum, which base salary shall be paid in arrears in equal biweekly installments. The base salary shall be reviewed on an annual basis by the annual rate of $750,000, Company and shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board increase from time to time by the Company, in its sole discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement (Shopping Com LTD), Employment Agreement (Shopping Com LTD)
Base Salary. During the Term, the Executive shall be entitled to receive a an initial annual base salary at the annual rate of Two Hundred Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion200,000.00), payable in accordance with according to the Company’s normal payroll practices of Amneal policies and procedures (the “Base Salary”)) and subject to all federal, state, and municipal withholding requirements. The Base Salary shall be reviewed by the Board annually for adequacy.
Appears in 2 contracts
Sources: Employment Agreement (Nac Global Technologies, Inc.), Employment Agreement (Nac Global Technologies, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary from the Company at the annual rate of One Million One Hundred Thousand Dollars ($750,000, subject to increase, 1,100,000.00) per year. The Executive’s base salary shall be reviewed annually on or decrease, only if salary decreases about the same time that the compensation arrangements (including the Annual Bonus for the immediately prior year) for the Company’s management team are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base SalaryCommittee”), which shall consider appropriate factors, including, without limitation, the Executive’s performance and the Company’s financial condition.
Appears in 2 contracts
Sources: Employment Agreement (Restoration Hardware Holdings Inc), Employment Agreement (Restoration Hardware Holdings Inc)
Base Salary. During the Term, the Employer will pay Executive shall be entitled to receive a base salary at in the annual rate amount of $750,0001,000,000 per year ("Base Salary"), subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined with annual review for increase by the Board or a duly authorized committee thereof, it being understood that any such increase shall be at the Compensation Committee discretion of the Board from time to time or a duly authorized committee thereof, which amount will be paid in its discretionsemi-monthly intervals, payable in accordance with the payroll practices of Amneal (the “Base Salary”)less appropriate withholdings for federal and state taxes and other deductions authorized by Executive.
Appears in 2 contracts
Sources: Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) of $1,000,000 per year. The Base Salary shall be reviewed annually by the Board and may be increased (but not reduced) from time to time by the Board in its sole discretion. Any such increase (if any) shall thereafter be Executive’s “Base Salary” for all purposes of this Agreement. The Base Salary shall be paid in accordance with the Company’s customary payroll practices, as in effect from time to time, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Lineage, Inc.), Employment Agreement (Lineage, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a paid an annual base salary at the annual rate (a “Base Salary”) of one hundred and seventy five thousand per annum ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion175,000), payable in accordance with the Employer’s normal payroll practices and subject to an annual review and possible upward adjustment pursuant to such annual review by the Board based on Executive’s performance hereunder. All payments hereunder shall be subject to the deduction of Amneal (the “Base Salary”)payroll taxes and other withholdings and assessments as required by law.
Appears in 2 contracts
Sources: Executive Agreement, Executive Agreement (Global Imaging Systems Inc)
Base Salary. During the Term, the (a) Executive shall be entitled to receive a an initial annual base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretiontwo hundred and twenty thousand dollars (US$220,000.00), payable bi-monthly in accordance with the payroll practices of Amneal arrears (the “Base Salary”)) and subject to all applicable withholding requirements. The Base Salary shall be reviewed by the Board annually for adequacy.
Appears in 2 contracts
Sources: Employment Agreement (Mam Software Group, Inc.), Employment Agreement (Aftersoft Group)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the an annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across 500,000 (the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, "Base Salary"). The Base Salary shall be payable in accordance with the normal payroll practices of Amneal in effect from time to time, but not less than monthly. The Base Salary shall be reviewed periodically by the Company for increase (but not decrease), and the “term "Base Salary”)" shall include any such increase.
Appears in 2 contracts
Sources: Employment Agreement (Telewest Global Inc), Employment Agreement (Autocam International LTD)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate (prorated for any applicable period of less than one year) of $750,000100,000 (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased (but not decreased) at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a an initial base salary at the annual rate of One Hundred Twenty Thousand Dollars ($750,000120,000) (the "Base Salary"), with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Demandstar Com Inc), Employment Agreement (Demandstar Com Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000150,000.00 (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee sole discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc)
Base Salary. During the Term, the The Executive shall receive, at such intervals and in accordance with such Company policies as may be entitled in effect from time to receive a base time, an annual salary at (pro rata for any partial year) equal to $190,000 (the annual rate of $750,000"Base Salary"), which Base Salary shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined periodic review and increase by the Board or the Compensation Committee of the Board from time to time in its sole discretion; provided, payable in accordance with the payroll practices of Amneal (the “Base Salary”)however, that no obligation to conduct such a review or to grant such an increase is hereby created.
Appears in 2 contracts
Sources: Executive Employment Agreement (Amx Corp /Tx/), Executive Employment Agreement (Amx Corp /Tx/)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary "Base Salary" at the annual rate of Eighty Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion80,000) per annum, payable in periodic installments in accordance with the regular payroll practices of Amneal (the “Base Salary”)Employer.
Appears in 2 contracts
Sources: Employment Agreement (Wellington Properties Trust), Employment Agreement (Wellington Properties Trust)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) of $400,000 per year. The Base Salary shall be reviewed annually by the Board of Directors of the Company (the “Board”) and may be increased (but not reduced) from time to time by the Board in its sole discretion. The Base Salary shall be paid in accordance with the Company’s customary payroll practices, as in effect from time to time, but no less often than monthly.
Appears in 2 contracts
Sources: Employment Agreement (Trade Desk, Inc.), Employment Agreement (Trade Desk, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate (prorated for any applicable period of less than one year) of $750,000175,000 (the "Base Salary") during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased (but not decreased) at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 2 contracts
Sources: Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary of at the annual rate of least $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 1,000,000.00 per annum (the “Base Salary”), subject to standard tax withholdings and deductions, and payable in substantially equal monthly or more frequent installments and in accordance with the Company’s general payroll practices in effect from time to time. The Compensation Committee of the Board may increase Executive’s Base Salary from time to time, and any such increased amount shall constitute the “Base Salary” for all purposes under this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (P10, Inc.), Employment Agreement (P10, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of Three Hundred Twenty-five Thousand Dollars ($750,000325,000) during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a an annual base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretionOne Hundred Fifty Thousand US Dollars (US$150,000.00), payable in accordance with the Company’s then-existing payroll practices of Amneal policies (the “Base Salary”)) and subject to all applicable withholding requirements. The Base Salary shall be reviewed by the Board and its Compensation Committee annually for adequacy.
Appears in 2 contracts
Sources: Employment Agreement (GlyEco, Inc.), Employment Agreement (GlyEco, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal 475,000 (as determined by the Board or the Compensation Committee of the Board increased from time to time in its discretiontime, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) during the Term of this Agreement, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule. The Base Salary shall also be reviewed, at least annually, for merit increases (if any) and may, by action and in the discretion of the Board, be increased. Once increased, the Base Salary may not be decreased.
Appears in 2 contracts
Sources: Employment Agreement (Noven Pharmaceuticals Inc), Employment Agreement (Hisamitsu U.S., Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at of Five Hundred Fifty Thousand Dollars ($550,000) per annum for the annual rate duration of $750,000the Term (the "Base Salary"), subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the which Base Salary shall be paid in equal semi-monthly installments in arrears. The Compensation Committee of the Board may review from time to time the Base Salary payable to Executive hereunder and may, in its sole discretion, payable in accordance with the payroll practices of Amneal (the “increase Executive's Base Salary”). Any such increased Base Salary shall be and become the "Base Salary" for purposes of this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Spectrum Brands Holdings, Inc.), Employment Agreement (SB/RH Holdings, LLC)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of Nine Hundred Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal 900,000) per annum effective as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal Commencement Date (the “Base Salary”), payable in equal semi-monthly installments in arrears. The Board will review annually the Base Salary payable to the Executive hereunder and, in its discretion, may increase, but shall not decrease, the Executive’s Base Salary. Any increased Base Salary shall become the “Base Salary” for purposes of this Agreement.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (Spectrum Brands Holdings, Inc.)
Base Salary. During The Executive will receive from the Term, the Executive shall be entitled to receive a Employer an annual base salary at the annual rate of four hundred and fifty thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 450,000) (the “Base Salary”), payable in accordance with the standard practice of the Employer in the payment of salaries of its employees but no less frequently than monthly. The Board will review the Base Salary from time to time, and may, in its sole and absolute discretion, increase the Base Salary. The Executive’s Base Salary may not be reduced.
Appears in 2 contracts
Sources: Executive Employment Agreement (Liquid Holdings Group, Inc.), Executive Employment Agreement (Liquid Holdings Group LLC)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 300,000.00 (the “Base Salary”)) during the Term of Employment, with such Base Salary payable in install-ments consistent with the Company's normal payroll schedule, subject to applicable withholding and other taxes. The Base Salary shall be reviewed, at least annually, for merit increases and may, by action and in the sole discretion of the Board, be increased at any time or from time to time.
Appears in 2 contracts
Sources: Employment Agreement (Metropolitan Health Networks Inc), Employment Agreement (Metropolitan Health Networks Inc)
Base Salary. During The Executive shall receive an annual base salary of Four Hundred Ten Thousand Dollars ($410,000), effective as of the commencement of employment (the “Salary”), plus any salary increases authorized during the Agreement Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretionany, payable in accordance with the Company’s payroll practices of Amneal (the “Base Salary”)cycle.
Appears in 2 contracts
Sources: Employment Agreement (Telos Corp), Employment Agreement (Telos Corp)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of Two Hundred Fifty Thousand Dollars ($750,000250,000) (the "Base Salary") during the Term of this Agreement, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)applicable withholding and other taxes."
Appears in 2 contracts
Sources: Employment Agreement (Continucare Corp), Employment Agreement (Continucare Corp)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000(as applicable, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) at an annual rate of no less than $300,000. Executive’s Base Salary shall be reviewed by the Company in 2011 and at least annually thereafter for increase. Base Salary shall be paid at such times and in such manner as the Company customarily pays the base salaries of its employees. In the event that Executive’s Base Salary is increased by the Board in its discretion at any time during the Term, such increased amount shall thereafter constitute the Base Salary.
Appears in 2 contracts
Sources: Employment Agreement (Six Flags Entertainment Corp), Employment Agreement (Six Flags Entertainment Corp)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at commencing on the annual rate Effective Date and during his employment hereunder of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 235,000 per annum (the “Base Salary”), which amount may be increase annually at the discretion of the Compensation Committee of the Board (the “Committee”). The Base Salary shall be paid to Executive by the Company in accordance with the Company’s regular payroll practice as in effect from time to time.
Appears in 2 contracts
Sources: Executive Agreement (Bankrate, Inc.), Executive Agreement (Bankrate Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of $750,000, 1,000,000 per year. Such base salary shall be subject to increase, or periodic increase (but no decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal ) from time to time as determined by the Beacon Board or the Compensation Committee of the Board in its sole discretion (as may be increased from time to time in its discretiontime, payable in accordance with the payroll practices of Amneal (the “Base Salary”). Base Salary shall be payable in such manner and at such times as the Company shall pay base salary to other similarly situated executive employees.”
Appears in 2 contracts
Sources: Employment Agreement (BJ's Wholesale Club Holdings, Inc.), Employment Agreement (BJ's Wholesale Club Holdings, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive paid a base salary at the an annual rate of $750,0001,666,667, subject which salary shall be earned and payable at such intervals in conformity with the Company’s prevailing practice as such practice shall be established or modified from time to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives time. The compensation committee of Amneal as determined by the Board or a subcommittee thereof (the Compensation Committee “Committee”) shall periodically review the amount of the Board from time to time Executive’s salary and may increase, but not decrease, such salary in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement (T-Mobile US, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a an aggregate annual base salary (“Base Salary”) at the annual an initial rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion551,250.00, payable in accordance with the Company’s applicable payroll practices of Amneal practices. Base Salary shall be reviewed annually by the Board and increased (but not decreased) in the “Board’s sole discretion. References in this Agreement to Base Salary”)Salary shall be deemed to refer to the most recently effective annual base salary rate.
Appears in 2 contracts
Sources: Employment Agreement (Vistra Corp.), Employment Agreement (Vistra Corp.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000275,000 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives discretion of Amneal as determined by the Board or the Compensation Committee of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement (Terremark Worldwide Inc), Employment Agreement (Terremark Worldwide Inc)
Base Salary. During Effective as of the TermEffective Date, the Executive shall be entitled to receive a an annual base salary at the annual rate of US $750,000, subject to increase, or decrease, only if 1,000,000. The Executive’s base salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, shall be payable in accordance with the Company’s normal payroll practices practices. Such base salary shall be subject to periodic review, and may be increased or decreased from time to time at the sole discretion of Amneal (the Board or its delegate. The annual base salary payable to Executive under this Section 6, as the same may be increased or decreased from time to time, shall hereinafter be referred to as the “Base Salary.”).
Appears in 2 contracts
Sources: Executive Employment Agreement (Public Policy Holding Company, Inc.), Executive Employment Agreement (Public Policy Holding Company, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000425,000 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 2 contracts
Sources: Employment Agreement (INSMED Inc), Employment Agreement (Insmed Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary (as may be increased from time to time, “Base Salary”), paid in accordance with the normal payroll practices of Employer, at the an annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board 1,000,000. The Base Salary shall be reviewed from time to time in its discretion, payable in accordance with Employer’s policies and practices, but no less frequently than once annually and may be increased, but not decreased from its then current level, at any time and from time to time by action of the payroll practices of Amneal (the “Base Salary”)Compensation Committee and Board.
Appears in 2 contracts
Sources: Executive Employment Agreement (Hershey Co), Executive Employment Agreement (Hershey Co)
Base Salary. During the Term, the Executive shall be entitled to receive a an annual base salary at the annual rate of Two Hundred Ninety-Two Thousand Eight Hundred Seventy Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, 292,870.00) payable in accordance with the Company’s standard payroll practices and subject to applicable withholdings. Annual increases will be made, if any, based upon performance, and in the sole discretion of Amneal (the “Base Salary”)Company, such increases, if any, to be effective as may be set by the Committee by March 31 of each year during the Term.
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the ----------- annual rate of $750,000200,000 (the "Base Salary") during the Term of Employment, with ----------- such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 1 contract
Sources: Employment Agreement (Ameripath Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of Four Hundred Thousand Dollars ($750,000400,000) during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 1 contract
Sources: Employment Agreement (Insmed Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to Two Hundred Fifty Thousand Dollars ($250,000) per annum, which base salary shall be paid in arrears in equal biweekly installments. The base salary shall be reviewed on an annual basis by the annual rate of $750,000, Company and shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board increase from time to time by the Company, in its sole discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to an amount no less than Three Hundred Seventy-Five Thousand dollars ($375,000) per annum effective January 1, 2004 for the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee duration of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal Term (the “Base Salary”), which Base salary shall be paid in equal semi-monthly installments. The Board will review from time to time the Base Salary payable to the Executive hereunder and may, in its discretion, increase the Executive’s Base Salary.
Appears in 1 contract
Sources: Separation Agreement (Rayovac Corp)
Base Salary. During the Term, the Executive shall be entitled to receive a an annual base salary at of Two Hundred Ninety-Five Thousand Dollars ($295,000) for the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal Term (the “Base Salary”), payable semi-monthly subject to annual increases following customary policies of the Company.
Appears in 1 contract
Sources: Employment Agreement (Icagen, Inc.)
Base Salary. During Effective as of the TermEffective Date, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, 1 per year (the "Base Salary"). The Base Salary shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined periodic review by the Board or the Compensation Committee of the Board from time Board, although it is not presently intended that the Base Salary will be modified prior to time in its discretion, payable in accordance with the payroll practices fifth anniversary of Amneal (the “Base Salary”)Effective Date.
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary (the "Base Salary") at least equal to the annual rate of $750,000, subject Base Salary paid to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined Executive by the Board or Corporation prior to the Compensation Committee of the Board Change Date. The Base Salary shall be reviewed at least once each year and shall be increased at any rime and from time to time in its discretionby action of the President, payable Board or any committee thereof. The Base Salary shall be paid in accordance with the payroll practices of Amneal (the “Base Salary”)Corporation's regular practices.
Appears in 1 contract
Sources: Change of Control Agreement (Rainbow Technologies Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a paid an annual base salary at the annual rate (a “Base Salary”) of One Hundred Seventy Five Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion175,000), payable in accordance with the Employer’s normal payroll practices and subject to an annual review and possible upward adjustment pursuant to such annual review by the Board based on Executive’s performance hereunder. All payments hereunder shall be subject to the deduction of Amneal (the “Base Salary”)payroll taxes and other withholdings and assessments as required by law.
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at equal to one hundred and twelve thousand dollars ($112,000) per annum (the annual rate of $750,000"Base Salary"), subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable which Base Salary shall be paid in accordance with the Company's generally applicable payroll practices of Amneal and procedures (or in such other manner as the “Executive and the Company may otherwise agree). The Base Salary”Salary shall be reviewed for adjustment by the Board annually (commencing on or about January 1, 2002, and on or about each January 1 thereafter during the Employment Period).
Appears in 1 contract
Sources: Employment Agreement (Mining Services International Corp/)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary commencing on the Effective Date and during his employment hereunder of $200,000 per annum (the "Base Salary"), which amount may be increase annually at the annual rate discretion of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time (the "Committee"). The Base Salary shall be paid to time in its discretion, payable Executive by the Company in accordance with the Company's regular payroll practices of Amneal (the “Base Salary”)practice as in effect from time to time.
Appears in 1 contract
Sources: Executive Agreement (Bankrate Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary at the annual rate of Two Hundred Seventy Thousand Dollars ($750,000270,000) (the "Base Salary") during the term of this Agreement, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary also shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit and cost of living adjustment increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 1 contract
Sources: Employment Agreement (Hte Inc)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary (the "Base Salary") payable in equal bi-weekly installments at the an annual rate of $750,000500,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives effective as of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).January 1,
Appears in 1 contract
Base Salary. During As of the TermEffective Date, the Executive shall be entitled to receive a an annual base salary at the annual rate of $750,000equal to $ 1,500,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined payable by the Board or the Compensation Committee of the Board from time to time Company in its discretion, payable regular installments in accordance with the Company’s general payroll practices of Amneal practices, less taxes and other applicable withholdings (as may be increased from time to time, the “Base Salary”).
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000420,000.00 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board (or its Compensation Committee), be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 1 contract
Sources: Executive Employment Agreement (KalVista Pharmaceuticals, Inc.)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at commencing on the annual rate Effective Date and during his employment hereunder of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 180,000 per annum (the “Base Salary”), which amount may be increased (but not decreased) annually at the discretion of the Compensation Committee of the Board (the “Committee”). The Base Salary shall be paid to Executive by the Company in accordance with the Company’s regular payroll practice as in effect from time to time.
Appears in 1 contract
Sources: Executive Agreement (Bankrate Inc)
Base Salary. During the Employment Term, the Executive shall be entitled to receive a base salary at the annual rate of not less than One Hundred Eighty Five Thousand ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal 185,000) as determined by the Board or the Compensation Committee of the Board increased hereunder from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”).the
Appears in 1 contract
Sources: Employment Agreement (Mehl Biophile International Corp)
Base Salary. During the Term, the The Executive shall be entitled to receive a paid an annual base salary at the annual rate of Four Hundred Twenty Five Thousand Dollars ($750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal 425,000.00) per year (the “Base Salary”), subject to applicable tax deductions and withholdings, beginning on the Effective Date of the Agreement and payable in regular installments in accordance with the customary payroll practices of the Company. The Executive’s salary will be subject to annual review by the Board and may be increased in the sole discretion of the Board.
Appears in 1 contract
Sources: Executive Employment Agreement (AVITA Medical, Inc.)
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of Four Hundred Twenty-five Thousand Dollars ($750,000425,000) during the Term of Employment, with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board Board, be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 1 contract
Sources: Employment Agreement (Insmed Inc)
Base Salary. During The Executive shall receive an annual base salary of Two Hundred and Ten Thousand Dollars ($210,000.00) (the “Salary”), plus any salary increases authorized during the Agreement Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretionany, payable in accordance with the Company’s payroll practices of Amneal (the “Base Salary”)cycle.
Appears in 1 contract
Sources: Employment Agreement (Telos Corp)
Base Salary. During For services performed by the TermExecutive for the Employer pursuant to this Agreement, the Employer shall pay the Executive shall be entitled to receive a base salary at the annual rate of three hundred and fifty-five thousand one hundred dollars ($750,000355,100) per year, payable in substantially equal installments in accordance with the Employer’s regular payroll practices. Executive’s base salary shall be subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board review from time to time and the Employer may (but is not required to) increase the base salary as the Board or a committee thereof, in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)may authorize or determine.
Appears in 1 contract
Base Salary. During the Term, the Executive shall be entitled to receive a base salary at the annual rate of $750,000(as applicable, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)) at an annual rate of no less than $500,000. Executive’s Base Salary shall be reviewed by the Company in 2017 and at least annually thereafter for increase. Base Salary shall be paid at such times and in such manner as the Company customarily pays the base salaries of its employees. In the event that Executive’s Base Salary is increased by the Board in its discretion at any time during the Term, such increased amount shall thereafter constitute the Base Salary.
Appears in 1 contract
Sources: Employment Agreement (Six Flags Entertainment Corp)
Base Salary. During the Term, the The Executive shall be entitled to receive a an initial base salary at the annual rate of One Hundred Fifty Thousand Dollars ($750,000150,000) (the "Base Salary"), with such Base Salary payable in installments consistent with the Company's normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Company's Board of Directors, be increased at any time or from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”)time.
Appears in 1 contract
Sources: Employment Agreement (Hte Inc)
Base Salary. During the Term, the Executive shall be entitled to receive a base salary ("BASE SALARY"), paid in accordance with the normal payroll practices of the Company, at the an annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board [________].
(1) The Base Salary shall be reviewed from time to time in its discretion, payable in accordance with the payroll practices of Amneal Company's policies and practices, but no less frequently than once annually and may be increased,
(the “Base Salary”)1) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇: $350,000; ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇.: $320,000.
Appears in 1 contract
Sources: Executive Employment Agreement (Calamos Asset Management, Inc. /DE/)
Base Salary. During the Term, the Executive shall be entitled to receive a an annual base salary at the annual rate of $750,000, subject to increase, or decrease, only if salary decreases are concurrently implemented across the senior executives of Amneal as determined by the Board or the Compensation Committee of the Board from time to time in its discretion, payable in accordance with the payroll practices of Amneal (the “Base Salary”) of One Hundred Twenty-Five Thousand Dollars ($125,000.00), which shall be payable in accordance with Company's standard payroll practices.
Appears in 1 contract
Base Salary. During the Term, the The Executive shall be entitled to receive a base salary Base Salary at the annual rate of $750,000450,000.00 during the Term of Employment, with such Base Salary payable in installments consistent with the Company’s normal payroll schedule, subject to increaseapplicable withholding and other taxes. The Base Salary shall be reviewed, or decreaseat least annually, only if salary decreases are concurrently implemented across for merit increases and may, by action and in the senior executives of Amneal as determined by the Board or the Compensation Committee discretion of the Board (or its Compensation Committee), be increased at any time or from time to time in its discretiontime, payable in accordance with but may not be decreased from the payroll practices of Amneal (the “then current Base Salary”).
Appears in 1 contract
Sources: Executive Employment Agreement (KalVista Pharmaceuticals, Inc.)