Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows: (1) In the first year of this Agreement, Four Hundred Seventy Five Thousand Dollars ($475,000); (2) In the second year of this Agreement, Four Hundred Ninety Thousand Dollars ($490,000); and, (3) In the third year of this Agreement, Five Hundred Five Thousand Dollars ($505,000).
Appears in 1 contract
Samples: Employment Agreement (Salem Communications Corp /De/)
Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows:
(1i) In the first year of this Agreement, Four Nine Hundred Seventy Five Eighty Thousand Dollars ($475,000980,000);
(2ii) In the second year of this Agreement, Four Nine Hundred Ninety Thousand Dollars Eighty Five ($490,000985,000); and,
(3iii) In the third year of this Agreement, Five Nine Hundred Ninety Five Thousand Dollars ($505,000995,000).
Appears in 1 contract
Samples: Employment Agreement (Salem Media Group, Inc. /De/)
Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows:
(1i) In the first year of this Agreement, Four Nine Hundred Seventy Twenty Five Thousand Dollars ($475,000925,000);
(2ii) In the second year of this Agreement, Four Nine Hundred Ninety Fifty Thousand Dollars ($490,000950,000); and,
(3iii) In the third year of this Agreement, Five Nine Hundred Seventy Five Thousand Dollars ($505,000975,000).
Appears in 1 contract
Samples: Employment Agreement (Salem Communications Corp /De/)
Cash Salary. Executive shall receive for services to be rendered hereunder an annual base salary (the "Base Salary") as follows:
(1i) In the first year of this Agreement, Four Eight Hundred Seventy Fifty Five Thousand Dollars ($475,000855,000);
(2ii) In the second year of this Agreement, Four Eight Hundred Ninety Seventy Five Thousand Dollars ($490,000875,000); and,
(3iii) In the third year of this Agreement, Five Nine Hundred Five Thousand Dollars ($505,000900,000).
Appears in 1 contract
Samples: Employment Agreement (Salem Communications Corp /De/)