Common use of COMPENSATION; EXECUTIVE BENEFIT PLANS Clause in Contracts

COMPENSATION; EXECUTIVE BENEFIT PLANS. 3.1 The Company shall pay to Executive a base salary at an annual rate of $250,000 during each fiscal year of this Agreement. The base salary shall be payable in installments throughout the year in the same manner and at the same times the Company pays base salaries to other executive officers of the Company. In the event that Executive's employment is terminated pursuant to Section 2(e) or Section 2(f), above, the Company shall continue to pay Executive's then-current base salary for a period of 12 months following the effective date of such termination.

COMPENSATION; EXECUTIVE BENEFIT PLANS. 3.1 The Company shall pay to Executive a base salary at an annual rate of $250,000 50,000 during each fiscal year of this Agreement. The base salary shall be payable in installments throughout the year in the same manner and at the same times the Company pays base salaries to other executive officers of the Company. In the event that Executive's employment is terminated pursuant to Section 2(e) or Section 2(f), above, the Company shall continue to pay Executive's then-current base salary for a period of 12 months following the effective date of such termination.

COMPENSATION; EXECUTIVE BENEFIT PLANS. 3.1 The Company shall pay to Executive a base salary at an annual rate of $250,000 150,000 during each fiscal year of this Agreement. The base salary shall be payable in installments throughout the year in the same manner and at the same times the Company pays base salaries to other executive officers of the Company. In the event that Executive's employment is terminated pursuant to Section 2(e) or Section 2(f), above, the Company shall continue to pay Executive's then-current base salary for a period of 12 months following the effective date of such termination.

COMPENSATION; EXECUTIVE BENEFIT PLANS. 3.1 The Company shall pay to Executive a base salary at an annual rate of $250,000 140,400 during each fiscal contract year of this Agreement. The base salary shall be payable in installments throughout the year in the same manner and at the same times the Company pays base salaries to other executive officers of the Company. In the event that Executive's employment is terminated pursuant to Section 2(e) or Section 2(f), above, the Company shall continue to pay Executive's then-current base salary to Executive all of the compensation provided for a period in this Section 3 until the expiration of 12 months following the effective date term of such terminationthis Agreement.