Compensation as Employee. At all times during the initial term or any renewal term of this Agreement, the Company shall pay the Employee an annual salary in the amount set forth in the Addendum, payable at the usual payroll payment dates of the Company, and any other options or benefits set forth in the Addendum. All amounts paid hereunder by Company to the Employee shall be subject to all applicable local, state and federal withholding taxes. The Company may increase or decrease the salary set forth herein from time to time, in its sole discretion, but any decrease may only be made upon fifteen (15) days prior notice.
Compensation as Employee. (a) At all times during the initial term or any renewal term of this Agreement, Company shall pay Employee's base compensation as reflected on Addendum B attached hereto and incorporated herein by reference (“Employee’s Initial Base Salary”), payable at Company’s usual payroll dates, and provide Employee with the opportunity to earn bonuses under a bonus plan, also as set forth on Addendum B, and any other benefits set forth in Addendum B. During the initial term or any renewal term hereof, Employee’s base compensation shall not be reduced below Employee’s Initial Base Salary and Employee’s bonuses shall be substantially similar to the bonus described on Addendum B and, in no event, any less favorable to Employee than such bonus plan. All amounts paid hereunder by Company to Employee shall be subject to all applicable local, state and federal withholding taxes.
Compensation as Employee. As compensation for all services ------------------------ performed by Employee for Company while employed thereby, Company shall:
Compensation as Employee. Commencing on July 1, 1995, and at all times thereafter during the initial term or any renewal term of this Agreement, the Company shall pay Xxxxx an annual salary of Sixty Thousand Dollars ($60,000.00) payable at the usual payroll payment dates of the Company. All amounts paid hereunder by Company to Xxxxx shall be subject to all applicable local, state and federal withholding taxes. The Company may increase the salary set forth herein from time to time, in its sole discretion, but may not decrease it below the amount set forth without the consent of Xxxxx. The Company in its discretion may also pay Xxxxx bonuses from time to time in such amounts and upon such terms as the Company determines is appropriate.
