Common use of Compensation for Employment Clause in Contracts

Compensation for Employment. (a) The basic annual rate of compensation of the Employee for his services to the Company shall be $265,000 (such amounts are referred to herein as the "Salary"), which the Company shall pay to the Employee in equal proportional installments in accordance with the normal payroll policies of the Company. (b) The Employee shall be eligible to receive annual bonuses (such amounts are referred to herein as the "Bonus") in such amounts as approved by the Compensation Committee of the Board of Directors and participate in such bonus programs as are established for executive officers of the Company. (c) During the Employment Term, the Company shall provide the Employee with fringe benefits that are substantially equivalent to the fringe benefits specified on Exhibit "A" (the "Fringe Benefits") at such levels that are provided to the senior officers of the Company. (d) All amounts payable by the Company under Sections 3(a) and (b) and the Fringe Benefits allowed under Section 3(e) shall be subject to proration based upon the number of days in each such year that the Employee was employed by the Company hereunder.

Compensation for Employment. (a) The basic annual rate of compensation of the Employee for his her services to the Company during the Employment Term shall be $265,000 250,000 (such amounts are referred to herein as the "Salary"), which the Company shall pay to the Employee in equal proportional installments in accordance with the normal payroll policies of the Company. (b) The Employee shall be eligible to receive annual bonuses (such amounts are referred to herein as the "Bonus") in such amounts as approved by the Compensation Committee of the Board of Directors and participate in such bonus programs as are established for executive officers of the Company. (c) During the Employment Term, the Company shall provide the Employee with fringe benefits that are substantially equivalent to the fringe benefits specified on Exhibit "A" (the "Fringe Benefits") at such levels that are provided to the senior officers of the Company. (d) All amounts payable by the Company under Sections 3(a) and (b) and the Fringe Benefits allowed under Section 3(e) shall be subject to proration based upon the number of days in each such year that the Employee was employed by the Company hereunder.

Compensation for Employment. (a) The basic annual rate of compensation of the Employee for his services to the Company during the Employment Term shall be $265,000 200,000 (such amounts are referred to herein as the "Salary"), which the Company shall pay to the Employee in equal proportional installments in accordance with the normal payroll policies of the Company. (b) The Employee shall be eligible to receive annual bonuses (such amounts are referred to herein as the "Bonus") in such amounts as approved by the Compensation Committee of the Board of Directors and participate in such bonus programs as are established for executive officers of the Company. (c) During the Employment Term, the Company shall provide the Employee with fringe benefits that are substantially equivalent to the fringe benefits specified on Exhibit "A" (the "Fringe Benefits") at such levels that are provided to the senior officers of the Company. (d) All amounts payable by the Company under Sections 3(a) and (b) and the Fringe Benefits allowed under Section 3(e) shall be subject to proration based upon the number of days in each such year that the Employee was employed by the Company hereunder.

Compensation for Employment. (a) The basic annual rate of compensation of the Employee for his services to the Company during the Employment Term shall be $265,000 245,000 (such amounts are referred to herein as the "Salary"), which the Company shall pay to the Employee in equal proportional installments in accordance with the normal payroll policies of the Company. (b) The Employee shall be eligible to receive annual bonuses (such amounts are referred to herein as the "Bonus") in such amounts as approved by the Compensation Committee of the Board of Directors and participate in such bonus programs as are established for executive officers of the Company. (c) During the Employment Term, the Company shall provide the Employee with fringe benefits that are substantially equivalent to the fringe benefits specified on Exhibit "A" (the "Fringe Benefits") at such levels that are provided to the senior officers of the Company. (d) All amounts payable by the Company under Sections 3(a) and (b) and the Fringe Benefits allowed under Section 3(e) shall be subject to proration based upon the number of days in each such year that the Employee was employed by the Company hereunder.

Compensation for Employment. (a) The basic annual rate of compensation of the Employee for his services to the Company during the Employment Term shall be $265,000 200,000 (such amounts are referred to herein as the "Salary"), which the Company shall pay to the Employee in equal proportional installments in accordance with the normal payroll policies of the Company. (b) The Employee shall be eligible to receive annual bonuses (such amounts are referred to herein as the "Bonus") in such amounts as approved by the Compensation Committee of the Board of Directors Directors. For 1999 and participate in such bonus programs 2000, Employee's Bonus opportunity shall be as are established for executive officers of the Companyset forth on Exhibit "C" hereto. (c) During the Employment Term, the Company shall provide the Employee with fringe benefits that are substantially equivalent to the fringe benefits specified on Exhibit "A" (the "Fringe Benefits") at such levels that are provided to the senior officers of the Company. (d) All amounts payable by the Company under Sections 3(a) and (b) and the Fringe Benefits allowed under Section 3(e) shall be subject to proration based upon the number of days in each such year that the Employee was employed by the Company hereunder.