Common use of Basic Remuneration Clause in Contracts

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salary, minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 (the “Basic Salary”), payable in equal installments according to the Corporation’s regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, and the Corporation shall be required to pay, in respect of the First Year of Employment only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salary, salary minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 275,000 (the “Basic Salary”), payable in equal installments according to the Corporation’s 's regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, and the Corporation shall be required to pay, in respect of the First Year of Employment Employment, only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salarysalary, minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 220,000 (the “Basic Salary”), payable in equal installments according to the Corporation’s regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the CorporationBoard, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, and the Corporation shall be required to pay, in respect of the First Year of Employment only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salarysalary, minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 190,000 (the “"Basic Salary”"), payable in equal installments according to the Corporation’s 's regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, to and the Corporation shall be required to pay, pay in respect of the First Year of Employment each such year only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salarysalary, minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 120,000 (the “"Basic Salary”"), payable in equal installments according to the Corporation’s 's regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, to and the Corporation shall be required to pay, pay in respect of the First Year of Employment each such year only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salary, salary minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 200,000 (the “Basic Salary”), payable in equal installments according to the Corporation’s 's regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, and the Corporation shall be required to pay, in respect of the First Year of Employment Employment, only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.

Basic Remuneration. The Corporation shall pay the Employee a gross Basic Salary, minus applicable deductions and withholdings, in respect of each Year of Employment in the Employment Period, of $180,000 240,000 (the “Basic Salary”), payable in equal installments according to the Corporation’s regular payroll practices. The Basic Salary shall, in the sole and absolute discretion of the board of directors of the Corporation, be subject to an increase on the basis of an annual review. The Basic Salary shall be prorated in respect of the First Year of Employment such that the Employee shall be entitled to, and the Corporation shall be required to pay, in respect of the First Year of Employment only that proportion of the Basic Salary that the number of days in the First Year of Employment is to 365.