Common use of Compensation Salary Clause in Contracts

Compensation Salary. For Employee’s services under this Agreement, the Company will pay to Employee an annual base salary of $250,000 during the Employment Period, less all previously authorized or required deductions and withholding (“Salary”). Such Salary will be payable periodically consistent with the normal practices of the Company; provided that Salary shall be paid ratably in installments not less than once a month. On the first day of each fiscal year during the Employment Period, Employee’s annual base salary will be increased by an amount equal to at least three percent (3%) of Employee’s annual base salary for the immediately preceding fiscal year.

Compensation Salary. For Employee’s services under this Agreement, the Company will pay to Employee an annual base salary of $250,000 210,000 during the Employment Period, less all previously authorized or required deductions and withholding (“Salary”). Such Salary will be payable periodically consistent with the normal practices of the Company; provided that Salary shall be paid ratably in installments not less than once a month. On the first day of each fiscal year during the Employment Period, Employee’s annual base salary will be increased by an amount equal to at least three percent (3%) of Employee’s annual base salary for the immediately preceding fiscal year.

Compensation Salary. For Employee’s services under this Agreement, the Company will pay to Employee an annual base salary of $250,000 343,980, during the Employment Period, less all previously authorized or required deductions and withholding (“Salary”). Such Salary will be payable periodically consistent with the normal practices of the Company; provided that Salary shall be paid ratably in installments not less than once a month. On the first day of each fiscal year during the Employment Period, Employee’s annual base salary will be increased by an amount equal to at least three percent (3%) of Employee’s annual base salary for the immediately preceding fiscal year.

Compensation Salary. For Employee’s services under this Agreement, the Company will pay to Employee an annual base salary of $250,000 196,560 during the Employment Period, less all previously authorized or required deductions and withholding (“Salary”). Such Salary will be payable periodically consistent with the normal practices of the Company; provided that Salary shall be paid ratably in installments not less than once a month. On the first day of each fiscal year during the Employment Period, Employee’s annual base salary will be increased by an amount equal to at least three percent (3%) of Employee’s annual base salary for the immediately preceding fiscal year.