Change in Base Salary. The annual base salary of Executive specified in Section 4(a) of the Agreement is hereby amended to be $295,000. The second sentence of Section 4(a) is deleted and replaced with the following: "The base salary shall be reviewed by the Board annually and shall be increased by at least 5% each year, as determined by the Board."
Appears in 1 contract
Samples: Employment Agreement (Cirtran Corp)
Change in Base Salary. The annual base salary of Executive specified in Section 4(a) of the Agreement is hereby amended to be $295,000140,000. The second sentence of Section 4(a) is deleted and replaced with the following: "The base salary shall be reviewed by the Board annually and shall be increased by at least 5% each year, as determined by the Board."
Appears in 1 contract
Samples: Employment Agreement (Cirtran Corp)
Change in Base Salary. The annual base salary of Executive specified in Section 4(a) of the Agreement is hereby amended to be $295,000200,000. The second sentence of Section 4(a) is deleted and replaced with the following: "The base salary shall be reviewed by the Board annually and shall be increased by at least 5% each year, as determined by the Board."
Appears in 1 contract
Samples: Employment Agreement (Cirtran Corp)
Change in Base Salary. The annual base salary of Executive specified in Section 4(a) of the Agreement is hereby amended to be $295,000210,000. The second sentence of Section 4(a) is deleted and replaced with the following: "The base salary shall be reviewed by the Board annually and shall be increased by at least 5% each year, as determined by the Board."
Appears in 1 contract
Samples: Employment Agreement (Cirtran Corp)