Common use of Decrease in Base Salary Clause in Contracts

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5, 2020, Executive will be paid zero U.S. dollars of base salary until and through June 30, 2020, and Executive’s annual base salary of one million, seven hundred and fifty thousand U.S. dollars ($1,750,000) is reduced by four hundred seventeen thousand, one hundred and twenty-three U.S. dollars ($417,123), representing the portion of his annual base salary attributable to the period from April 5, 2020 through June 30, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5July 1, 2020, Executive will be paid zero twenty-five thousand, four hundred and seventy-nine U.S. dollars ($25,479) of base salary until and through June 30July 31, 2020, and Executive’s annual base salary of one million, seven six hundred and fifty thousand U.S. dollars ($1,750,000600,000) is reduced by an additional twenty-five thousand, four hundred seventeen thousand, one hundred and twentyseventy-three nine U.S. dollars ($417,12325,479), representing the portion of his annual base salary attributable to the period from April 5July 1, 2020 through June 30July 31, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5July 1, 2020, Executive will be paid zero seventy-four thousand, three hundred and fifteen U.S. dollars ($74,315) of base salary until and through June 30July 31, 2020, and Executive’s annual base salary of one million, seven hundred and fifty thousand U.S. dollars ($1,750,000) is reduced by an additional seventy-four hundred seventeen thousand, one three hundred and twenty-three fifteen U.S. dollars ($417,12374,315), representing the portion of his annual base salary attributable to the period from April 5July 1, 2020 through June 30July 31, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5, 2020, Executive will be paid zero seventy-one thousand, five hundred and six U.S. dollars ($71,506) of base salary until and through June 30, 2020, and Executive’s annual base salary of one million, seven six hundred and fifty thousand U.S. dollars ($1,750,000600,000) is reduced by four hundred seventeen seventy-one thousand, one five hundred and twenty-three six U.S. dollars ($417,12371,506), representing the portion of his annual base salary attributable to the period from April 5, 2020 through June 30, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5, 2020, Executive will be paid zero eighty thousand, four hundred and forty-five U.S. dollars ($80,445) of base salary until and through June 30, 2020, and Executive’s annual base salary of one million, seven six hundred and fifty seventy-five thousand U.S. dollars ($1,750,000675,000) is reduced by eighty thousand, four hundred seventeen thousand, one hundred and twentyforty-three five U.S. dollars ($417,12380,445), representing the portion of his annual base salary attributable to the period from April 5, 2020 through June 30, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5July 1, 2020, Executive will be paid zero thirty-one thousand, eight hundred and forty-nine U.S. dollars ($31,849) of base salary until and through June 30July 31, 2020, and Executive’s annual base salary of one million, seven hundred and fifty thousand U.S. dollars ($1,750,000750,000) is reduced by four hundred seventeen an additional thirty-one thousand, one eight hundred and twentyforty-three nine U.S. dollars ($417,12331,849), representing the portion of his annual base salary attributable to the period from April 5July 1, 2020 through June 30July 31, 2020.”

Decrease in Base Salary. The Agreement is hereby amended by adding the following sentence to the end of Section 3(a): “Effective as of April 5, 2020, Executive will be paid zero U.S. dollars of base salary until and through June 30, 2020, and Executive’s annual base salary of one million, seven hundred and fifty thousand U.S. dollars ($1,750,000750,000) is reduced by four one hundred seventeen seventy-eight thousand, one seven hundred and twentysixty-three seven U.S. dollars ($417,123178,767), representing the portion of his annual base salary attributable to the period from April 5, 2020 through June 30, 2020.”