Common use of Base Salary Clause in Contracts

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 4 contracts

Sources: Employment Agreement (Guardian Pharmacy Services, Inc.), Employment Agreement (Guardian Pharmacy Services, Inc.), Employment Agreement (Guardian Pharmacy Services, Inc.)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the Annual Base Salary”) of no less than $400,000 paid 600,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but not decreased.

Appears in 4 contracts

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

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 750,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 3 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp), Employment Agreement (Energy Future Competitive Holdings Co LLC)

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to Five Hundred Thousand dollars (“Annual Base Salary”) of $400,000 500,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company and prorated for partial calendar years of employment (as may be in effect from time to time, which the “Annual Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Wmih Corp.), Employment Agreement (Wmih Corp.)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 415,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 3 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp), Employment Agreement (Energy Future Competitive Holdings Co LLC)

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an annual base salary (“Annual the "Base Salary") of $400,000 paid in regular equal installments in accordance with Employer's usual payroll practice. Executive's Base Salary for the normal payroll practices of the Company as may first contract year shall be in effect from time to timeTwo Hundred Fifty Thousand Dollars ($250,000), which Annual Base Salary shall be reviewed for subject to appropriate increase each year thereafter at least annuallythe discretion of the compensation committee of the Board of Directors (the "Compensation Committee").

Appears in 3 contracts

Sources: Employment Agreement (Nm Licensing LLC), Employment Agreement (Nm Licensing LLC), Employment Agreement (Nm Licensing LLC)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 950,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 3 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp), Employment Agreement (Energy Future Competitive Holdings Co LLC)

Base Salary. During the Employment Period, the Executive shall receive from the Company an annual base salary of $650,000 (as such amount may be increased from time to time, in the sole discretion of the Board or the Compensation Committee of the Board (the “Committee”), the “Annual Base Salary”) of $400,000 paid ), payable in regular intervals in accordance with the normal Company’s customary payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyduring the Employment Period.

Appears in 3 contracts

Sources: Employment Agreement (Party City Holdco Inc.), Employment Agreement (Party City Holdco Inc.), Employment Agreement (Party City Holdco Inc.)

Base Salary. During the Employment Period, Executive shall receive for Executive’s services an annual base salary (the Annual Base Salary”) in an amount to be determined by the Board. The Base Salary will be reviewed annually and may be adjusted upward or downward in the sole discretion of the Board. In no event, however, will the Base Salary be less than the gross amount of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual 547,000. The Base Salary shall will be reviewed for increase at least annuallysubject to all applicable withholdings and deductions required by federal and state law.

Appears in 3 contracts

Sources: Employment Agreement (Blue Ridge Bankshares, Inc.), Employment Agreement (Blue Ridge Bankshares, Inc.), Employment Agreement (Blue Ridge Bankshares, Inc.)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an annual annualized base salary (the Annual Base Salary”) of not less than $400,000 paid in accordance with the normal payroll practices 800,000. The Compensation Committee of the Company as may be in effect from time to time, which Annual Board of Directors (the “Compensation Committee”) shall review the Executive’s Base Salary shall be reviewed for increase at least annuallyannually to determine whether increases are appropriate.

Appears in 3 contracts

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

Base Salary. During the Employment PeriodTerm, Executive shall receive an annual a base salary (“Annual Base Salary”) of no less than $400,000 paid 500,000 per year, payable in accordance with the normal usual payroll practices of the Company as may be in effect from time to time, which Annual (the “Base Salary shall be reviewed for increase at least annuallySalary”).

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 Employment Period, Executive shall receive an annual Executive’s base salary (the Annual Base Salary”) of $400,000 shall be paid in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to timetime (presently bi-weekly), which Annual but not less frequently than in monthly installments. The Compensation Committee of the Board (the “Committee”) will establish Executive’s Base Salary shall be reviewed for increase at least annuallySalary.

Appears in 3 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of not less than $400,000 paid in accordance with 950,000. During the normal payroll practices Employment Period, the Executive’s Annual Base Salary shall be reviewed annually by the Compensation Committee of the Company Board (the “Compensation Committee”) for increase, but not decrease. The term Annual Base Salary as may be utilized in this Agreement shall refer to Annual Base Salary as in effect from time to time, which including any increases. Such Annual Base Salary shall be reviewed for increase at least annuallypayable in monthly or more frequent installments in accordance with the Company’s payroll policies applicable to executive officers.

Appears in 3 contracts

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

Base Salary. The Executive shall receive, for each 12-consecutive month period beginning on the Commencement Date and each anniversary thereof, a rate of salary that is not less than $300,000 per year (the "Base Salary"), payable in substantially equal monthly or more frequent installments and subject to normal tax withholding. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 paid in accordance with Period the normal payroll practices of the Company as may be in effect from time to time, which Annual Executive's Base Salary shall be reviewed for by the Board on or before each anniversary of the Commencement Date to determine whether an increase at least annuallyin the Executive's rate of compensation is appropriate.

Appears in 3 contracts

Sources: Employment Agreement (Thane International Inc), Employment Agreement (Thane International Inc), Employment Agreement (Thane International Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) of $400,000 333,900 per annum. The Base Salary shall be paid by the Company at such intervals as the Company pays executive salaries generally. The Base Salary may be reviewed annually by the Board, or the Compensation Committee thereof, and may be increased in accordance with the normal payroll practices discretion of the Company Board, or the Compensation Committee thereof. The term “Base Salary” as may be utilized in effect this Agreement shall refer to Base Salary as so increased from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 3 contracts

Sources: Employment Agreement (Presidio Property Trust, Inc.), Employment Agreement (Presidio Property Trust, Inc.), Employment Agreement (Presidio Property Trust, Inc.)

Base Salary. During the Employment Period, The Executive shall receive an annual base salary (“Annual "Base Salary") of $400,000 paid not less than his annual salary immediately prior to the Effective Date (payable in accordance with equal semi-monthly installments) from the normal payroll practices of the Company as may be in effect from time to time, which Annual Company. The Base Salary shall be reviewed for increase and may be increased at any time and from time to time in accordance with the Company's regular practices, and shall be reviewed at least annuallyannually by the Organization and Compensation Committee of its Board of Directors.

Appears in 3 contracts

Sources: Employment Agreement (CMS Energy Corp), Employment Agreement (CMS Energy Corp), Employment Agreement (CMS Energy Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $400,000 paid 500,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically, and, if adjusted (but not below $500,000), the term “Base Salary” shall refer to such adjusted amount.

Appears in 3 contracts

Sources: Employment Agreement (PlayAGS, Inc.), Employment Agreement (AP Gaming Holdco, Inc.), Employment Agreement (AP Gaming Holdco, Inc.)

Base Salary. During the Employment Period, the ------------ ----------- Executive shall receive an annual base salary ("Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time"), which Annual Base Salary shall be reviewed for increase paid at a monthly rate, at least annually.equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but

Appears in 3 contracts

Sources: Change of Control Employment Agreement (Calgene Inc /De/), Change of Control Employment Agreement (Calgene Inc /De/), Change of Control Employment Agreement (Calgene Inc /De/)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary”) "), which shall be paid at a monthly rate, at least equal to the highest annualized (for any fiscal year consisting of $400,000 paid in accordance less than twelve full months or with respect to which the normal payroll practices of Executive has been employed by the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.less than twelve full

Appears in 3 contracts

Sources: Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary equal to $350,000 per annum (the Annual Base Salary”). The Base Salary shall be reviewed annually by the Compensation Committee (the “Compensation Committee”) of $400,000 the Board (the “Board”) and may be increased from time to time by the Compensation Committee in its sole discretion. The Base Salary shall be paid in installments in accordance with the normal Company’s applicable payroll practices of the Company practices, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallybut no less often than monthly.

Appears in 2 contracts

Sources: Employment Agreement (Leaf Group Ltd.), Employment Agreement (Demand Media Inc.)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary per annum (“Annual Base Salary”) of $400,000 paid payable in accordance with the Company’s normal payroll practices of no less than US $275,000. The Board shall review the Company as may be in effect from time to time, which Annual Executive’s Base Salary shall be reviewed for annually and may, in its sole discretion, increase at least annually(but not decrease) the Executive’s Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Constar Inc), Employment Agreement (Constar International Inc)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 430,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 2 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of no less than $400,000 paid 300,000, payable in accordance with the normal payroll practices for executives of the Company as may be in effect from time to time, which time (but no less frequently than monthly). Such Annual Base Salary shall be reviewed subject to review annually in accordance with the review policies and practices for increase executives of the Company as in effect at least annuallythe time of any such review.

Appears in 2 contracts

Sources: Employment Agreement (Ap Holdings Inc), Employment Agreement (Apcoa Inc)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 590,000.00, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 2 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp)

Base Salary. During the Employment Period, Executive shall receive an annual a base salary (the Annual Base Salary”) at the annualized rate of $400,000 200,000, less applicable taxes and withholdings. The Base Salary shall be paid in accordance with the normal payroll practices of installments at such intervals as the Company as may be in effect from time to timepays executive salaries generally, which Annual but not less often than monthly. During the Employment Period, the Base Salary shall be reviewed for increase at least annuallyannually for possible increase, in the discretion of the Board. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so adjusted.

Appears in 2 contracts

Sources: Employment Agreement (Global Gas Corp), Unit Purchase Agreement (Dune Acquisition Corp)

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to no less than Six Hundred and Fifty Thousand Dollars (“Annual Base Salary”) of $400,000 650,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for increase at least annuallypartial calendar years of employment and shall be subject to annual review by the Board (or a committee thereof), in its sole discretion.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 609,000.00, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base 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 Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 634,400.00, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base 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 Employment PeriodTerm of Employment, the Executive shall be entitled to receive an annual annualized base salary (the Annual Base Salary”) of not less than $400,000 paid in accordance with the normal payroll practices 350,000. The Compensation Committee of the Company as may be in effect from time to time, which Annual Board of Directors (the “Compensation Committee”) shall review the Executive’s Base Salary shall be reviewed for increase at least annuallyannually to determine whether increases are appropriate.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual rate of base salary (“Annual "Base Salary") of in an amount not less than $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually250,000.

Appears in 2 contracts

Sources: Employment Agreement (DHB Industries Inc), Employment Agreement (DHB Industries Inc)

Base Salary. During the Employment Period, Executive shall will receive an annual base salary (“Annual Base Salary”) of $400,000 paid 100,000 (as may be modified in accordance with the next sentence, the “Base Salary”). The Base Salary may be increased from time to time during the Employment Term and shall not be decreased without consent of Executive. The Base Salary will be paid in regular installments in accordance with the Company’s normal payroll practices (subject to required withholding). The last payment will be adjusted, if necessary, to reflect a termination date other than the last working day of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallya pay period.

Appears in 2 contracts

Sources: Employment Agreement (Bakkt Holdings, Inc.), Employment Agreement (Bakkt Holdings, Inc.)

Base Salary. During the Employment Contract Period, the Executive shall receive an annual base salary of $500,000 (“Annual Base Salary”) of $400,000 paid ). The Annual Base Salary shall be payable in accordance with the normal Company’s regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which and shall be subject to all applicable withholding requirements. During the Contract Period, the Annual Base Salary may be reviewed by the Board for possible increase, and the Executive’s Annual Base Salary shall not be reviewed for increase at least annuallydecreased after any such increase.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Titan Energy, LLC)

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 450,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 2 contracts

Sources: Employment Agreement (Guardian Pharmacy Services, Inc.), Employment Agreement (Guardian Pharmacy Services, Inc.)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 605,000.00, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base 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 Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 1,200,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base 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 Employment Period, Employer shall pay to Executive shall receive an annual base salary (the Annual Base Salary”) of $400,000 paid in regular equal installments in accordance with Employer’s usual payroll practice. Executive’s Base Salary for the normal payroll practices of the Company as may first contract year (January 1, 2005 through December 31, 2005) shall be in effect from time to timeThree Hundred Fifty Thousand Dollars ($350,000), which Annual Base Salary shall be reviewed for subject to appropriate increase each year thereafter at least annuallythe discretion of the compensation committee of the Board of Directors (the “Compensation Committee”).

Appears in 2 contracts

Sources: Employment Agreement (Nextmedia Operating Inc), Employment Agreement (Nextmedia Operating Inc)

Base Salary. During the Employment Periodperiod of the Executive’s employment by the Company, the Executive shall receive an annual base salary of not less than US$700,000 (“Annual Base Salary”) of $400,000 paid payable in accordance with equal semi-monthly installments, less applicable withholdings. Each year, the normal payroll practices Board shall review the Base Salary and other compensation of the Company Executive based upon performance and other factors deemed appropriate by the Board and make such increases as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyit deems fit.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Fogo De Chao, Inc.)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary per annum (“Annual Base Salary”) of $400,000 paid payable in accordance with the Company’s normal payroll practices of no less than US $165,727. The Board shall review the Company as may be in effect from time to time, which Annual Executive’s Base Salary shall be reviewed for annually and may, in its sole discretion, increase at least annually(but not decrease) the Executive’s Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Constar Inc), Employment Agreement (Constar International Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual "Base Salary") of equal to $400,000 paid 50,000.00 , payable in accordance with the normal customary payroll practices of the Company procedures as may be in effect from time to time, which Annual Base Salary shall be reviewed time for increase at least annuallysenior executives of the Company.

Appears in 2 contracts

Sources: Employment Agreement (Producers Entertainment Group LTD), Employment Agreement (Producers Entertainment Group LTD)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an annual annualized base salary (the Annual Base Salary”) of not less than $400,000 paid in accordance with the normal payroll practices 700,000. The Compensation Committee of the Company as may be in effect from time to time, which Annual Board of Directors (the “Compensation Committee”) shall review the Executive’s Base Salary shall be reviewed for increase at least annuallyannually to determine whether increases are appropriate.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual rate of base salary (“Annual "Base Salary") of in an amount not less than $400,000 paid 543,490. Executive's Base Salary will be reviewed by the Company annually and may be adjusted upward (but not downward) at such time. Base Salary shall be payable in accordance with the Company's normal payroll practices of the Company as may be business practices, but in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyno event less frequently than monthly.

Appears in 2 contracts

Sources: Employment Agreement (Avalonbay Communities Inc), Employment Agreement (Avalonbay Communities Inc)

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to Three Hundred Fifty Thousand Dollars (“Annual Base Salary”) of $400,000 350,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for increase at least annuallypartial calendar years of employment and shall be subject to annual review as determined by the Board of Directors of the Company (the “Board”), in its sole discretion.

Appears in 2 contracts

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

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices 290,000 commencing as of the Company as Effective Date. The Board, in its discretion, may be review the Base Salary periodically and adjust the Base Salary in effect from time to time, which Annual its sole discretion based on relevant circumstances. The Base Salary shall be reviewed for increase at least annuallypayable by the Company to Executive in equal installments on the dates payments of salary are regularly made by the Company to its executive employees subject to all required tax withholdings.

Appears in 2 contracts

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

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary (“Annual "Base Salary") as determined by the Compensation Committee from time to time. Commencing January 1, 2000, the Executive's Base Salary shall be at a rate of not less than $400,000 paid 240,000. The Base Salary shall be payable in accordance with the normal Company's regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the Annual Base Salary”) of no less than $400,000 paid 400,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but not decreased.

Appears in 2 contracts

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

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall be entitled to receive an annual annualized base salary (the Annual Base Salary”) of not less than $400,000 paid in accordance with the normal payroll practices 400,000. The Compensation Committee of the Company as may be in effect from time to time, which Annual Board of Directors (the “Compensation Committee”) shall review the Executive’s Base Salary shall be reviewed for increase at least annuallyannually to determine whether increases are appropriate.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual base salary at the rate of $750,000, subject to review for increase (but not decrease) by the Executive Compensation Committee of the Board (the “Committee”); provided, that, at no time shall the Committee be required to adjust the Annual Base Salary in connection with such review (such base salary, as adjusted pursuant to such Committee review from time to time, the “Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually).

Appears in 2 contracts

Sources: Employment Agreement (Care Capital Properties, Inc.), Employment Agreement (Care Capital Properties, Inc.)

Base Salary. During the Employment Period, the Executive shall receive an annual rate of base salary (“Annual Base Salary”) of not less than $400,000 paid in accordance with the normal payroll practices of 350,000, which the Company shall pay at semi-monthly intervals, or otherwise at such intervals (not less frequently than monthly) as may be in effect from time to time, which Annual Base Salary are used generally for the Company’s senior executives. The base salary shall be reviewed for increase at least annuallyannually by the Company (through its Board or any Compensation Committee thereof) not later than June 30 of each calendar year and may be increased (but not decreased) by such amount as the Company in its sole discretion shall determine.

Appears in 2 contracts

Sources: Employment Agreement (DHB Industries Inc), Employment Agreement (DHB Industries Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the Annual Base Salary”) of no less than $400,000 paid 340,000, payable in accordance with the normal Company’s regular payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”), and may be increased but not decreased.

Appears in 2 contracts

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

Base Salary. During the Employment Period, The Executive shall receive an annual base salary (“Annual "Base Salary") of $400,000 paid not less than his annual salary immediately prior to the Effective Date (payable in accordance with equal semi-monthly installments) from the normal payroll practices of the Company as may be in effect from time to time, which Annual Corporation. The Base Salary shall be reviewed for increase and may be increased at any time and from time to time in accordance with the Corporation's regular practices, and shall be reviewed at least annuallyannually by the Organization and Compensation Committee of its Board of Directors.

Appears in 2 contracts

Sources: Employment Agreement (CMS Energy Corp), Employment Agreement (Consumers Energy Co)

Base Salary. During the Employment Period, ----------- the Executive shall receive an annual base salary ("Annual Base Salary") of not less than $400,000 500,000, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time and shall apply retroactively to timeMay 5, which Annual Base Salary shall be reviewed for increase at least annually2004.

Appears in 2 contracts

Sources: Executive Employment Agreement (Solutia Inc), Executive Bonus Agreement (Solutia Inc)

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 260,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 2 contracts

Sources: Employment Agreement (GX Acquisition Corp. II), Employment Agreement (Niocorp Developments LTD)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary per annum (“Annual Base Salary”) of $400,000 paid payable in accordance with the Company’s normal payroll practices of no less than US $320,000. The Board shall review the Company as may be in effect from time to time, which Annual Executive’s Base Salary shall be reviewed for annually and may, in its sole discretion, increase at least annually(but not decrease) the Executive’s Base Salary.

Appears in 2 contracts

Sources: Employment Agreement (Constar International Inc), Employment Agreement (Constar Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (“Annual Base Salary”) of $400,000 paid payable in accordance with the Company’s normal payroll practices of $261,000 per year, which the Board may, in its sole discretion, review and may, in its sole discretion, increase (but not decrease without Executives consent, except if salary reduction is imposed on the employees of the Company as may be in effect from time to time, which Annual part of a general reduction) (“Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 2 contracts

Sources: Executive Employment Agreement (Kona Grill Inc), Executive Employment Agreement (Kona Grill Inc)

Base Salary. During the Employment Period, the Executive shall be entitled to receive an annual a base salary (“Annual Base Salary”) at a rate of $400,000 paid 514,370.00 per annum, which base salary shall be payable in accordance with the normal payroll practices of the Company Company, with such increases (but no decreases) as may be in effect determined by the Compensation Committee from time to time (as increased from time to time, which Annual the “Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 2 contracts

Sources: Employment Agreement (Dorman Products, Inc.), Employment Agreement (Dorman Products, Inc.)

Base Salary. During the Employment PeriodTerm, Employer shall pay to Executive shall receive an annual a base salary at the rate of $425,000.00 on an annualized basis (the Annual Base Salary”). Executive’s Base Salary shall be subject to periodic adjustments (but not decreases) as the Board or the Compensation Committee of $400,000 paid the Board (“Compensation Committee”) shall, in its discretion, deem appropriate. As used in this Agreement, the term “Base Salary” shall refer to Base Salary as may be adjusted from time to time. Base Salary shall be payable in accordance with the normal customary payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyEmployer.

Appears in 2 contracts

Sources: Employment Agreement (Roka BioScience, Inc.), Employment Agreement (Roka BioScience, Inc.)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 400,000, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base Salary shall be deemed to refer to the most recently effective annual base salary rate.

Appears in 2 contracts

Sources: Employment Agreement (Vistra Energy Corp), Employment Agreement (Vistra Energy Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) of $400,000 600,000 per annum. The Base Salary shall be subject to review from time to time by the Board or its delegate in its discretion. The Base Salary shall be paid in accordance with the Company’s normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 2 contracts

Sources: Employment Agreement (Life Time Group Holdings, Inc.), Employment Agreement (Life Time Group Holdings, Inc.)

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary (“Annual "Base Salary") as determined by the Compensation Committee from time to time. Commencing January 1, 2000, the Executive's Base Salary shall be at a rate of not less than $400,000 paid 345,000. The Base Salary shall be payable in accordance with the normal Company's regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall continue to receive an annual annualized base salary (“Annual Base Salary”) of $400,000 paid in accordance with 750,000, payable pursuant to the Company’s normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 2 contracts

Sources: Transition Agreement (Primerica, Inc.), Transition Agreement (Primerica, Inc.)

Base Salary. During Effective as of the Effective Date and during the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) of four hundred thousand dollars ($400,000 400,000) per annum. The Base Salary shall be paid in accordance with the Company’s normal payroll practices for executive salaries generally, but no less often than monthly and shall be pro-rated for partial years of employment. The Base Salary may be reviewed in the discretion of the Company as may be in effect from time to timeBoard (or a subcommittee thereof), which Annual Base Salary shall be reviewed for increase at least not less than annually.

Appears in 2 contracts

Sources: Employment Agreement (Voyager Technologies, Inc./De), Employment Agreement (Voyager Technologies, Inc./De)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) at the annualized rate of $400,000 paid in accordance with 400,000.00, which amount may be increased or decreased by the normal payroll practices Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”), as may be in effect from time to time, which Annual provided below. The Base Salary shall be reviewed for increase paid in installments at least annuallysuch intervals as the Company pays executive salaries generally, but not less often than monthly. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so adjusted.

Appears in 2 contracts

Sources: Executive Employment Agreement (ProFrac Holding Corp.), Executive Employment Agreement (ProFrac Holding Corp.)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of not less than $400,000 405,000, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall be entitled to receive an annual base salary equal to One Million Dollars ($1,000,000) (the Annual Base Salary”) of $400,000 ). The Base Salary shall be paid not less frequently than monthly and otherwise in accordance with the normal Company’s regular payroll practices of the Company as practice. The Board shall review Base Salary at least annually and may be increase Base Salary in effect from time to time, which Annual its sole discretion. The increased Base Salary shall thereafter be reviewed for increase at least annuallyconsidered the Base Salary and may not be decreased once increased.

Appears in 2 contracts

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

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of Two Hundred Forty Thousand Dollars ($400,000 240,000). The Annual Base Salary may be modified from time to time by the Company’s Board of Directors, in its discretion upon recommendation from the CEO. The Annual Base Salary shall be paid in accordance with the Company's normal payroll practices of the Company subject only to such payroll and withholding deductions as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyare required by law.

Appears in 2 contracts

Sources: Employment Agreement (Techteam Global Inc), Employment Agreement (Techteam Global Inc)

Base Salary. During the Employment Period, Executive shall receive an annual base salary per calendar year of $190,000 (“Annual Base Salary”) of $400,000 ), which shall be paid in accordance with the normal customary payroll practices of the Company as and shall be prorated for the year ending December 31, 2006, and for any other partial year of service. The Company may be in effect from time to time, which review and adjust Executive’s Annual Base Salary. The term Annual Base Salary as utilized in this Agreement shall be reviewed for increase at least annuallyrefer to Annual Base Salary as so adjusted.

Appears in 2 contracts

Sources: Employment Agreement (Jl Halsey Corp), Employment Agreement (Jl Halsey Corp)

Base Salary. During the Employment Period, the Executive shall be entitled to receive an annual a base salary (“Annual Base Salary”) at a rate of $400,000 paid 600,000.00 per annum, which base salary shall be payable in accordance with the normal payroll practices of the Company Company, with such increases (but no decreases) as may be in effect determined by the Compensation Committee from time to time (as increased from time to time, which Annual the “Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 2 contracts

Sources: Employment Agreement (Dorman Products, Inc.), Employment Agreement (Dorman Products, Inc.)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the “Annual Base Salary”) of $400,000 at an annual rate at least equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and the Affiliated Companies in accordance with the normal payroll practices respect of the Company as may be 12-month period immediately preceding the month in effect from time to time, which the Effective Date occurs. The Annual Base Salary shall be reviewed for increase paid at least annually.such intervals as the Company or the Bank (as applicable)

Appears in 2 contracts

Sources: Change of Control Employment Agreement (Cathay General Bancorp), Change of Control Employment Agreement (Cathay General Bancorp)

Base Salary. During the Employment Period, Executive shall receive an annual as compensation for his services a base salary at the rate of Four Hundred Thousand Dollars ($400,000) per annum payable in equal installments at such intervals as the Company pays its senior executive officers generally (the Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual ). The Base Salary shall be reviewed for increase at least annuallyperiodically by the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 2 contracts

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

Base Salary. During the Employment Period, Employer shall pay to Executive shall receive an annual base salary (“Annual the "Base Salary") of $400,000 paid in regular equal installments in accordance with Employer's usual payroll practice. Executive's Base Salary for the normal payroll practices of the Company as may first contract year shall be in effect from time to timeThree Hundred Thousand Dollars ($300,000), which Annual Base Salary shall be reviewed for subject to appropriate increase each year thereafter at least annuallythe discretion of the compensation committee of the Board of Directors (the "Compensation Committee").

Appears in 2 contracts

Sources: Employment Agreement (Nm Licensing LLC), Employment Agreement (Nm Licensing LLC)

Base Salary. During the Employment PeriodTerm, Executive shall receive an aggregate annual base salary (“Annual Base Salary”) at an initial rate of $400,000 paid 615,000.00, payable in accordance with the normal Company’s applicable payroll practices of the Company as may be in effect from time to time, which Annual practices. Base Salary shall be reviewed for increase at least annuallyannually by the Board and increased (but not decreased) in the Board’s sole discretion. References in this Agreement to Base 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 Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time), which Annual Base Salary shall be reviewed for increase paid at a monthly rate, at least annually.equal to 12 times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company

Appears in 2 contracts

Sources: Employment Agreement (State Street Corp), Employment Agreement (State Street Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (the "Annual Base Salary") of three hundred seventy five thousand dollars ($400,000 paid 375,000), payable in accordance with the normal regular payroll practices of the Company as may be in effect from time to timeCompany. During the Employment Period, which the Annual Base Salary shall may be reviewed by the Board for increase at least annuallypossible increases.

Appears in 2 contracts

Sources: Employment Agreement (Dyadic International Inc), Employment Agreement (Dyadic International Inc)

Base Salary. During the Employment PeriodTerm, Executive shall receive an initial annual base salary (the Annual Base Salary”) of nine hundred fifty thousand dollars ($400,000 paid 950,000), payable in regular installments in accordance with the normal Company’s usual payroll practices of the Company as may be in effect from time to time, which Annual practices. The Base Salary shall be reviewed for increase at least annuallysubject to annual review by the Parent Board, and subject to increase, but not decrease.

Appears in 2 contracts

Sources: Employment Agreement (Denali Holding Inc.), Employment Agreement (Dell Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) of $400,000 paid ), payable bi-weekly or in accordance with the normal payroll practices of the Company such other installments as may be agreed upon, at an annual rate of $385,000. The Corporation shall review the Base Salary annually and in effect from time to timelight of such review may, which Annual in the discretion of the Board of Directors of the Corporation increase (but not decrease) the Base Salary, and such adjusted Base Salary shall be reviewed then constitute the “Base Salary” for increase at least annuallypurposes of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Hansen Natural Corp), Employment Agreement (Hansen Natural Corp)

Base Salary. During the Term of Employment Periodor Renewed Term of Employment, if any, the Executive shall receive an annual a base salary (“Annual Base Salary”) at a rate of $400,000 paid 700,000 per annum (or such greater amount as shall be recommended by the Company’s Chief Executive Officer and approved by the Executive Compensation Committee), payable monthly or more frequently in accordance with the normal payroll practices of the Company Company’s practice as may be in effect from time applied to time, which Annual Base Salary other senior executives. Such base salary shall be reviewed for increase at least annually.

Appears in 2 contracts

Sources: Employment Agreement (Kimco Realty Corp), Employment Agreement (Kimco Realty Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary of $200,000 (the “Annual Base Salary”) of $400,000 paid ), payable in accordance with the Company’s normal payroll practices of the Company practice for executives as may be in effect from time to time, which . The Annual Base Salary shall be reviewed subject to review annually in accordance with the Company’s review policies and practices for increase executives as in effect at least annuallythe time of any such review.

Appears in 2 contracts

Sources: Executive Employment Agreement, Executive Employment Agreement (Apcoa Standard Parking Inc /De/)

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to four hundred thousand dollars (“Annual Base Salary”) of $400,000 400,000), which shall be paid in accordance with the normal customary payroll practices of the Company and prorated for partial calendar years of employment (as may be in effect from time to time, which the “Annual Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 2 contracts

Sources: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary of no less than $375,000 per annum (“Annual "Base Salary") of $400,000 paid payable in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual equal monthly installments. Such Base Salary shall be reviewed annually for increase at least annually(but not decrease) in the sole discretion of the Board. In conducting any such annual review, the Board shall take into account any change in the Executive's responsibilities, increases in the compensation of other executives of the Company or the Subsidiaries or of competitors of either, the performance of the Executive and other pertinent factors. The increased Base Salary shall then constitute the "Base Salary" for purposes of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Aris Industries Inc), Employment Agreement (Aris Industries Inc)

Base Salary. During the Employment PeriodTerm of Employment, Executive shall will be entitled to receive an annual annualized base salary (the Annual Base Salary”) of not less than $400,000 paid 750,000. Beginning in accordance with 2017, the normal payroll practices Compensation Committee of the Company as may be in effect from time to time, which Annual Board of Directors (the “Compensation Committee”) will review Executive’s Base Salary shall annually to determine whether increases are appropriate. Any such increased amount will thereafter be reviewed Executive’s “Base Salary” for increase at least annuallypurposes under this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp)

Base Salary. During the Employment Period, Executive shall receive an annual a base salary (“Annual "Base Salary”) of $400,000 "), which shall be paid in accordance with equal installments on a biweekly basis, at the normal payroll practices rate of the Company as Two Hundred Seventy Nine Thousand Nine Hundred Forty Five Dollars ($279,945) per annum. This base salary may be in effect from time to timeadjusted annually at the discretion of ▇▇▇▇▇’▇ Compensation Committee, which Annual Base Salary shall be reviewed for increase at least annuallywith approval by the Board.

Appears in 1 contract

Sources: Employment Agreement (Aceto Corp)

Base Salary. During the Employment Period, the ------------ ----------- Executive shall receive an annual base salary ("Annual Base Salary") of $400,000 185,000. The Annual Base Salary shall be paid in accordance with the normal payroll practices of the Company as and may be in effect increased (but not decreased) from time to time, which Annual Base Salary shall be reviewed for increase time at least annuallythe discretion of the Company's Board of Directors (the "Board").

Appears in 1 contract

Sources: Employment Agreement (Medical Resources Inc /De/)

Base Salary. During the Employment Period, The Executive shall receive an annual a base salary at the ----------- annual rate of $ 300,000 (“Annual the "Base Salary") during the Term of $400,000 paid Employment, with ------------ such Base Salary payable in accordance installments consistent with the Company's normal payroll practices of the Company as may be in effect from time schedule, subject to time, which Annual applicable withholding and other taxes. The Base Salary shall be reviewed for increase at least annually.

Appears in 1 contract

Sources: Employment Agreement (Ameripath Inc)

Base Salary. During the Employment Period, commencing on the Effective Date, the Executive shall receive an annual base salary (“Annual Base Salary”) as determined by the Compensation Committee from time to time. Commencing January 1, 2001, the Executive’s Base Salary shall be at a rate of not less than $400,000 paid 270,000. The Base Salary shall be payable in accordance with the normal Company’s regular payroll practices of the Company practice for its senior executives, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 1 contract

Sources: Employment Agreement (HPSC Inc)

Base Salary. During the Employment PeriodTerm, the Executive shall receive an annual a base salary (“Annual Base Salary”) at a rate of no less than $400,000 850,000.00 per annum. During the Term, the Executive’s Base Salary shall be reviewed annually by the Compensation Committee and may be increased by the Board in its sole and absolute discretion. If so increased, the Base Salary shall be increased for all purposes of this Agreement. Once so increased, the Base Salary shall not be decreased during the Term. The Executive’s Base Salary shall be paid to the Executive in accordance installments throughout the year, consistent with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyALLTEL.

Appears in 1 contract

Sources: Employment Agreement (Alltel Corp)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“Annual Base Salary”) of not less than $400,000 420,000, which shall be paid in accordance with the Company’s normal payroll practices practice. Thereafter, the Board or the Executive Compensation and Development Committee of the Company as Board (“ECDC”) shall review annually Executive’s compensation and may be in effect from time elect to time, which increase his Annual Base Salary shall be reviewed for increase at least annuallySalary.

Appears in 1 contract

Sources: Employment Agreement (Solutia Inc)

Base Salary. During the Employment Period, Executive shall receive be ------------ paid an annual base salary (“Annual "Base Salary"), in cash, at a rate of (Pound) of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual ----------- 150,000. The Base Salary shall be reviewed for increase at least annuallyannually and may be increased, but not decreased (and any such increased amount shall be referred to herein as the "Base Salary"). The Base Salary shall be payable in accordance with the Company's regular payroll practices.

Appears in 1 contract

Sources: Employment Agreement (Cousin Acquisition Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary equal to two hundred thirty five thousand dollars ($235,000) per annum (the Annual Base Salary”). The Base Salary shall be reviewed annually by the Compensation Committee (the “Compensation Committee”) of $400,000 the Board (the “Board”) and may be increased from time to time by the Compensation Committee in its sole discretion. The Base Salary shall be paid in installments in accordance with the normal Company’s applicable payroll practices of the Company practices, as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallybut no less often than monthly.

Appears in 1 contract

Sources: Employment Agreement (Demand Media Inc.)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of not less than $400,000 300,000, and shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 1 contract

Sources: Employment Agreement (Solutia Inc)

Base Salary. During Throughout the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary (“Annual "Base Salary”) "), payable in equal bi-weekly installments, of $400,000 paid in accordance with the normal payroll practices of the Company as may be in effect from time to time1,150,000 per annum, which Annual unless a different Base Salary shall be reviewed for increase at least annuallyis agreed upon in writing by the Corporation and the Executive.

Appears in 1 contract

Sources: Employment Agreement (Ethan Allen Interiors Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of not less than $400,000 412,500, which shall be paid in accordance with the Company's normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 1 contract

Sources: Employment Agreement (Solutia Inc)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary (“Annual "Base Salary") at a rate of $400,000 paid in accordance with 300,000 per annum, payable no less frequently than monthly, subject to increases at the normal payroll practices discretion of the Company as may be in effect from time to timeCommittee; provided, which Annual Base Salary however, that the Executive shall be reviewed eligible for increase at least annuallya formal salary review on the date that is six months after the Effective Date.

Appears in 1 contract

Sources: Employment Agreement (Getty Petroleum Marketing Inc /Md/)

Base Salary. During the Employment Period, Executive shall receive an annual base salary in an amount equal to Two Hundred and Eighty-Five Thousand Dollars (“Annual Base Salary”) of $400,000 285,000), less all applicable withholdings, which shall be paid in accordance with the normal customary payroll practices of the Company (as may be in effect from time to time, which the “Annual Base Salary”). The Annual Base Salary shall be reviewed prorated for partial calendar years of employment and shall be subject to annual review and possible increase at least annuallyas determined by the Board, in its sole discretion.

Appears in 1 contract

Sources: Employment Agreement (EVERTEC, Inc.)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary (“of $350,000. The Annual Base Salary”Salary shall be subject to increase (but not decrease) of $400,000 paid in accordance with at the normal payroll practices discretion of the Company as may be Compensation Committee of the Board (the "Compensation Committee") (the annual base salary in effect from time to time, which the "Annual Base Salary shall be reviewed for increase at least annually.Salary"

Appears in 1 contract

Sources: Employment Agreement (Maxxim Medical Inc/Tx)

Base Salary. During the Employment Period, the Executive shall receive an annual a base salary (the Annual Base Salary”) of $400,000 900,000 per annum. The Base Salary shall be subject to review at least annually by the Board or its delegate in its discretion. The Base Salary shall be paid in accordance with the Company’s normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallypractices.

Appears in 1 contract

Sources: Employment Agreement (Life Time Group Holdings, Inc.)

Base Salary. During the Employment PeriodTerm of Employment, the Executive shall receive an annual a base salary (“Annual Base Salary”) of $400,000 paid per annum payable in accordance with the Company’s normal payroll practices of the Company as may be in effect from time to timeno less than US $474,238, which Annual the Board shall review annually and may, in its sole discretion, increase (but not decrease) (“Base Salary shall be reviewed for increase at least annuallySalary”).

Appears in 1 contract

Sources: Executive Employment Agreement (Constar International Inc)

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of no less than $400,000 800,000 per year paid in accordance with the normal payroll practices of the Company as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase increases (but not decreases) at least annually.

Appears in 1 contract

Sources: Executive Employment Agreement (Vse Corp)

Base Salary. During the Employment Period, Executive shall receive an annual a base salary commencing on the Effective Date and during his employment hereunder of $200,000 per annum (the Annual Base Salary”), which amount may be increased (but not decreased) annually at the discretion of $400,000 the Compensation Committee of the Board (the “Committee”). The Base Salary shall be paid to Executive by the Company in accordance with the normal Company’s regular payroll practices of the Company practice as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annually.

Appears in 1 contract

Sources: Executive Agreement (Bankrate Inc)

Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary") of $400,000 330,000.00. The Annual Base Salary shall be paid in accordance with the Company's normal payroll practices of the Company for senior executives subject only to such payroll and withholding deductions as may be in effect from time to time, which Annual Base Salary shall be reviewed for increase at least annuallyare required by law.

Appears in 1 contract

Sources: Employment Agreement (Techteam Global Inc)

Base Salary. During the Employment Period, Executive shall receive an annual base salary (“Annual Base Salary”) of $400,000 paid 362,500 commencing as of September 2, 2008. The Board, in accordance with its discretion, may review the normal payroll practices of Base Salary periodically and adjust the Company as may be Base Salary in effect from time to time, which Annual its sole discretion based on relevant circumstances. The Base Salary shall be reviewed for increase at least annuallypayable by the Company to Executive in equal installments on the dates payments of salary are regularly made by the Company to its executive employees subject to all required tax withholdings.

Appears in 1 contract

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