COMPENSATION AND DUTIES. 1. BASE SALARY. For the period beginning on the Commencement Date through March 31, 2005, the base salary payable to the Employee shall be at the rate of $300,000 per year, payable on the Company’s normal payroll dates.
COMPENSATION AND DUTIES. In consideration of the Employee's services -- ----------------------- for a period equivalent to ten (10) days a month, based upon a regular work week of four (4) days, after his resignation or termination as Chief Executive Officer, his agreement to perform duties as reasonably requested by the Company and his compliance with paragraph 5 herein, it is agreed as follows:
COMPENSATION AND DUTIES a. For and in consideration of a donation of Twenty-Five Thousand Dollars ($25,000.00), the receipt of which is hereby acknowledged, ACFD does hereby convey to NFSA the following:
COMPENSATION AND DUTIES. In consideration of the Employee's ----------------------- services for a period equivalent to 5 days a month after his resignation or termination, and to perform duties as reasonably requested by the Company and to comply with paragraph 5 herein, it is agreed as follows:
COMPENSATION AND DUTIES. In consideration of the Employee’s willingness to work for the Company for a period equivalent to 2 days a month after his resignation, and to perform duties as reasonably requested by the Company, the Employee shall receive the following compensation:
COMPENSATION AND DUTIES. The provisions of this Section 2 shall supercede in their entirety the provisions of Section 3 of the First Amendment.
COMPENSATION AND DUTIES a. Until the CEO Date, Executive's Base Salary and Performance Bonus under the Employment Agreement shall remain in effect in accordance with the terms of the Employment Agreement. In the event that Executive ceases to be Chief Executive Officer of the Company, Executive shall receive, for the fiscal year in which he ceases to be Chief Executive Officer, a pro rata portion of the Performance Bonus to which Executive would otherwise have been entitled for the full fiscal year, determined and paid in the manner set forth in the last sentence of Section 6(b) of the Employment Agreement using the last date for which Executive receives his Base Salary as Chief Executive Officer as the date for proration. The compensation provided for in this paragraph shall be paid in all events.
COMPENSATION AND DUTIES
