Common use of Cash Salary Clause in Contracts

Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows: (i) From January 1, 2014 to December 31, 2014, the Base Salary shall be Four Hundred Thirty Thousand Dollars ($430,000); (ii) From January 1, 2015 to December 31, 2015, the Base Salary shall be Four Hundred Forty Two Thousand Five Hundred Dollars ($442,500); and, (iii) From January 1, 2016 to December 31, 2016, the Base Salary shall be Four Hundred Fifty Five Thousand Dollars ($455,000).

Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") paid in accordance with Company’s payroll policy as follows: (i) From January 1, 2014 2017 to December 31, 20142017, the Base Salary shall be Four Five Hundred Thirty Thousand Dollars ($430,000500,000); (ii) From January 1, 2015 2018 to December 31, 20152018, the Base Salary shall be Four Hundred Forty Two Thousand Five Hundred Ten Thousand Dollars ($442,500510,000); and, (iii) From January 1, 2016 2019 to December 31, 20162019, the Base Salary shall be Four Five Hundred Fifty Five Twenty Thousand and Two Hundred Dollars ($455,000520,200).

Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") paid in accordance with Company’s payroll policy as follows: (i) From January 1, 2014 2017 to December 31, 20142017, the Base Salary shall be Four Hundred Thirty Ten Thousand Five Hundred and Fifty Dollars ($430,000410,550); (ii) From January 1, 2015 2018 to December 31, 20152018, the Base Salary shall be Four Hundred Forty Two Eighteen Thousand Five and Eight Hundred Dollars ($442,500418,800); and, (iii) From January 1, 2016 2019 to December 31, 20162019, the Base Salary shall be Four Hundred Fifty Five Twenty-Seven Thousand and Two Hundred Dollars ($455,000427,200).

Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows: (i) From January 1, 2014 2011 to December 31, 20142011, the Base Salary shall be Four Three Hundred Thirty Twenty Thousand Dollars ($430,000320,000); (ii) From January 1, 2015 2012 to December 31, 20152012, the Base Salary shall be Four Three Hundred Forty Two Thirty Five Thousand Five Hundred Dollars ($442,500335,000); and, (iii) From January 1, 2016 2013 to December 31, 20162013, the Base Salary shall be Four Three Hundred Fifty Five Thousand Dollars ($455,000350,000).

Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows: (i) From January 1, 2014 to December 31, 2014, the Base Salary shall be Four Three Hundred Thirty Seventy Seven Thousand Five Hundred Dollars ($430,000377,500); (ii) From January 1, 2015 to December 31, 2015, the Base Salary shall be Four Three Hundred Forty Two Ninety Thousand Five Hundred Dollars ($442,500390,000); and, (iii) From January 1, 2016 to December 31, 2016, the Base Salary shall be Four Hundred Fifty Two Thousand Five Thousand Hundred Dollars ($455,000402,500).