Common use of Compensation of Employee Clause in Contracts

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 in U.S. dollars ("Base Salary"), which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 2 contracts

Samples: Employment Agreement (Aerosonic Corp /De/), Separation Agreement and General Release (Aerosonic Corp /De/)

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Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 $167,175.00 in U.S. dollars ("Base Salary")dollars, which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary minimum annual salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 $147,175.00 in U.S. dollars ("Base Salary")dollars, which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary minimum annual salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 172,200 in U.S. dollars ("Base Salary"), which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 153,100 in U.S. dollars ("Base Salary"), which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

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Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 $148,175.00 in U.S. dollars ("Base Salary")dollars, which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary minimum annual salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 160,000 in U.S. dollars ("Base Salary"), which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Compensation of Employee. During the term of employment provided for herein, the Employee shall be paid a minimum annual salary of $ 197,600 $183,000.00 in U.S. dollars ("Base Salary")dollars, which salary shall be paid to the Employee in equal biweekly installments in arrears. Any increases in the Base Salary minimum annual salary will be recommended by the Compensation Committee and approved by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

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