Common use of Compensation and Benefits During the Employment Term Clause in Contracts

Compensation and Benefits During the Employment Term. (a) SALARY. Commencing upon the date of this Agreement, Executive will be paid the first year an annual base salary of $150,000, the second year an annual base salary of $162,000, the third year an annual base salary of $174,000, payable in accordance with the then current payroll policies of Company or as otherwise agreed to by the parties (the "Salary"). At any time and from time to time the Salary may be increased for the remaining portion of the term if so determined by the Board of Directors of Company after a review of Executive's performance of his duties hereunder. Executive will not be entitled to receive sales commissions.

Compensation and Benefits During the Employment Term. (a) SALARY. Commencing upon the date of this Agreement, Executive will be paid the first year an annual base salary of $150,000126,000, the second year an annual base salary of $162,000138,000, the third year an annual base salary of $174,000150,000, payable in accordance with the then current payroll policies of Company or as otherwise agreed to by the parties (the "Salary"). At any time and from time to time the Salary may be increased for the remaining portion of the term if so determined by the Board of Directors of Company after a review of Executive's performance of his duties hereunder. Executive will not be entitled to receive sales commissions.