Common use of Compensation Salary Clause in Contracts

Compensation Salary. Paragraph 3(a) shall be amended to replace the second and third sentences thereof with the following two sentences: “Your Salary was increased on May 1, 2006 to Seven Hundred Twenty Five Thousand ($725,000) per annum and shall remain at that level for the remainder of the Employment Term.”

Compensation Salary. Paragraph 3(a) shall be amended to replace the second and third sentences thereof sentence with the following two sentencessentence: “"Your Salary was shall be increased on May March 1, 2006 2002 to Seven Five Hundred Twenty Five Thirty Thousand Dollars ($725,000530,000) per annum a year, on March 1, 2003 to Five Hundred Sixty Thousand Dollars ($560,000) a year and shall remain at that level for the remainder of the Employment Termon March 1, 2004 to Five Hundred Ninety Thousand Dollars ($590,000) a year.”"

Compensation Salary. Paragraph 3(a) shall be amended to replace the second and third sentences thereof with add the following two sentencessentence at the end thereof: “"Your Salary was shall be increased on May March 1, 2005 to Seven Hundred Twenty Five Thousand Dollars ($725,000) a year and on March 1, 2006 to Seven Hundred Twenty Seventy Five Thousand Dollars ($725,000775,000) per annum and shall remain at that level for the remainder of the Employment Terma year.”"

Compensation Salary. Paragraph 3(a) shall be amended to replace the second and third sentences thereof sentence with the following two sentencessentence: “"Your Salary was will be increased on May January 1, 2006 1999 to Seven Five Hundred Seventy Five Thousand Dollars ($575,000) per annum and on January 1, 2000 to Six Hundred Twenty Five Thousand Dollars ($725,000625,000) per annum and shall remain at that level for the remainder of the Employment Termannum.”"