Increase of Base Salary. After the first year of employment, year two base salary will be $300,000 and year three will be $350,000.
Increase of Base Salary. Based on an annual evaluation of your performance by the Board of Directors of the Company, at the sole discretion of the Board of Directors of the Company you may be entitled to an 5% increase of your annual Base Salary .
Increase of Base Salary. Effective upon the completion by the Corporation of a capital raise of $5,000,000 ($3,000,000 of which has already been completed), Executive's Base Salary shall be increased to $180,000 per year, with a pro rata retroactive adjustment to December 12, 2001.
Increase of Base Salary. If, while this Agreement is in effect, as a result of Executive's efforts, the Corporation successfully raises additional capital, through either a public or private placement of the Corporation's common stock, in the amount of $5,000,000, Executive's Base Salary shall be increased to $180,000 per year, effective the first day of the first month following the closing of such capital raise.
Increase of Base Salary. Section 3.2 of the Employment Agreement shall remain in effect pursuant to its terms, except that, as of December 16, 2019, Employee’s base salary shall be increased to the annual rate of three hundred forty-five thousand dollars ($345,000).
Increase of Base Salary. The salary of the Employee set out in Section 2.1 of the Employment Agreement shall be increased to a gross monthly sum of NIS 110,000.
