Common use of Compensation of the Employee Clause in Contracts

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 2004, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of the three (3) year term of the Employee’s employment and commencing on the Effective Date. The Employee’s salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY THOUSAND ($120,000.00) DOLLARS Canadian per annum. The Employee’s compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 2004, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of the three (3) year term of the Employee’s employment and commencing on the Effective Date. The Employee’s salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY THOUSAND ($120,000.00) DOLLARS Canadian per annum. The Employee’s compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 20042007, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of during the three (3) year term of the Employee’s 's employment and commencing on the Effective Date. The Employee’s 's salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY THIRTY FIVE THOUSAND ($120,000.00135,000.00) DOLLARS Canadian per annum. The Employee’s 's compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s 's decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 20042007, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of during the three (3) year term of the Employee’s 's employment and commencing on the Effective Date. The Employee’s 's salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY NINETY THOUSAND ($120,000.0090,000.00) DOLLARS Canadian per annum. The Employee’s 's compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s 's decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 20042007, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of during the three (3) year term of the Employee’s 's employment and commencing on the Effective Date. The Employee’s 's salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY FORTY THOUSAND ($120,000.00140,000.00) DOLLARS Canadian per annum. The Employee’s 's compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s 's decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 20042007, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of during the three (3) year term of the Employee’s 's employment and commencing on the Effective Date. The Employee’s 's salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY SIXTY THOUSAND ($120,000.00160,000.00) DOLLARS Canadian per annum. The Employee’s 's compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s 's decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January 1, 20042007, the Employer shall pay to the Employee a salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments for each year of during the three (3) year term of the Employee’s 's employment and commencing on the Effective Date. The Employee’s 's salary at the commencement of and throughout the term of this Agreement shall be no less than ONE HUNDRED TWENTY FIFTY FIVE THOUSAND ($120,000.00155,000.00) DOLLARS Canadian per annum. The Employee’s 's compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s 's decision on any increase in compensation.

Compensation of the Employee. Throughout the term of this Agreement, commencing January November 1, 20042005, the Employer shall pay to the Employee a base salary, set from time to time by the Board of Directors, stated as an annualized amount but payable semi-monthly in arrears in equal monthly installments instalments for each year of the three (3) year term of the Employee’s employment and commencing on the Effective DateDate (“Base Salary”). The Employee’s salary Base Salary at the commencement of and throughout the term of this Agreement shall be no less than ONE TWO HUNDRED TWENTY AND TWENTY-FIVE THOUSAND ($120,000.00225,000.00) DOLLARS Canadian per annumannum exclusive of benefits and other compensation. The Employee’s compensation and performance shall be reviewed by the Board of Directors annually at least one month prior to each anniversary date of commencement. The Employee shall have the right to provide information to the Board of Directors on all factors relevant to the Board’s decision on any increase in compensation.