Common use of Compensation Salary Clause in Contracts

Compensation Salary. Paragraph 3(a) shall be amended to replace the second sentence with the following sentence: "Your Salary will be increased on January 1, 1999 to Five Hundred Seventy Five Thousand Dollars ($575,000) per annum and on January 1, 2000 to Six Hundred Twenty Five Thousand Dollars ($625,000) per annum."

Compensation Salary. Paragraph 3(a) shall be amended to replace the second sentence with the following sentence: "Your Salary will shall be increased on January March 1, 1999 2002 to Five Hundred Seventy Five Thirty Thousand Dollars ($575,000530,000) per annum and a year, on January March 1, 2000 2003 to Six Five Hundred Twenty Five Sixty Thousand Dollars ($625,000560,000) per annuma year and on 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 sentence with add the following sentencesentence at the end thereof: "Your Salary will shall be increased on January March 1, 1999 2005 to Seven Hundred Twenty Five Thousand Dollars ($725,000) a year and on March 1, 2006 to Seven Hundred Seventy Five Thousand Dollars ($575,000775,000) per annum and on January 1, 2000 to Six Hundred Twenty Five Thousand Dollars ($625,000) per annuma year."

Compensation Salary. Paragraph 3(a) shall be amended to replace the second sentence and third sentences thereof with the following sentencetwo sentences: "“Your Salary will be was increased on January May 1, 1999 2006 to Five Seven Hundred Seventy Twenty Five Thousand Dollars ($575,000725,000) per annum and on January 1, 2000 to Six Hundred Twenty Five Thousand Dollars ($625,000) per annumshall remain at that level for the remainder of the Employment Term."”