Common use of Basic Clause in Contracts

Basic. During the Executive's employment pursuant to this Agreement, STT: (i) shall pay Executive a minimum salary of $ 225,000.00 per annum in accordance with STT's normal and usual payroll schedule ("Salary), and (ii) shall include Executive in all retirement plans, insurance plans and other fringe benefits and arrangements that may be authorized and adopted for the benefit of executives of STT generally. ("Benefits" ).

Appears in 1 contract

Samples: Employment Agreement (Strategic Timber Trust Inc)

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Basic. During the Executive's employment pursuant to this Agreement, STT: (i) shall pay Executive a minimum salary of $ 225,000.00 100,000.00 per annum in accordance with STT's normal and usual payroll schedule ("Salary), and (ii) shall include Executive in all retirement plans, insurance plans and other fringe benefits and arrangements that may be authorized and adopted for the benefit of executives of STT generally. ("Benefits" ).

Appears in 1 contract

Samples: Employment Agreement (Strategic Timber Trust Inc)

Basic. During the Executive's employment pursuant to this Agreement, STT: (i) shall pay Executive a minimum salary of $ 225,000.00 150,000.00 per annum in accordance with STT's normal and usual payroll schedule ("Salary"), and (ii) shall include Executive in all retirement plans, insurance plans and other fringe benefits and arrangements that may be authorized and adopted for the benefit of executives of STT generally. ("Benefits" ").

Appears in 1 contract

Samples: Employment Agreement (Strategic Timber Trust Inc)

Basic. During the Executive's employment pursuant to this Agreement, STT: (i) shall pay Executive a minimum salary of $ 225,000.00 175,000.00 per annum in accordance with STT's normal and usual payroll schedule ("Salary), and (ii) shall include Executive in all retirement plans, insurance plans and other fringe benefits and arrangements that may be authorized and adopted for the benefit of executives of STT generally. ("Benefits" ).

Appears in 1 contract

Samples: Employment Agreement (Strategic Timber Trust Inc)

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Basic. During the Executive's employment pursuant to this Agreement, STT: (i) shall pay Executive a minimum salary of $ 225,000.00 175,000.00 per annum in accordance with STT's normal and usual payroll schedule ("Salary"), and (ii) shall include Executive in all retirement plans, insurance plans and other fringe benefits and arrangements that may be authorized and adopted for the benefit of executives of STT generally. ("Benefits" ).

Appears in 1 contract

Samples: Employment Agreement (Strategic Timber Trust Inc)

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