Common use of Initial Base Salary Clause in Contracts

Initial Base Salary. The Company shall pay Executive a base salary ("Base Salary") at the annual rate of $350,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committee.

Appears in 2 contracts

Samples: Employment Agreement (La Petite Academy Inc), Employment Agreement (Lpa Services Inc)

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Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000180,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Minn Shares Inc)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000300,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices, but no later than monthly. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 2 contracts

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.), Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000225,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 2 contracts

Samples: Employment Agreement (EVO Transportation & Energy Services, Inc.), Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000180,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices; provided that the Base Salary shall not be decreased without Executive’s prior written consent.

Appears in 2 contracts

Samples: Employment Agreement (EVO Transportation & Energy Services, Inc.), Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, effective June 1, 2023, the Company shall will pay Executive a Employee an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000250,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices, but no later than monthly. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000250,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices, but no later than monthly. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000230,000.00. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The Company shall initially pay Executive a an annual base salary equal to $200,000 ("the “Base Salary") at the annual rate of $350,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committee”).

Appears in 1 contract

Samples: Employment Agreement (Geoworks /Ca/)

Initial Base Salary. The Company shall pay Executive a ------------------- base salary ("Base Salary") at the annual rate of $350,000165,000 per annum for the period from the Commencement Date through December 31, 1996. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committeeCompany.

Appears in 1 contract

Samples: Employment Agreement (Glenoit Asset Corp)

Initial Base Salary. The During the Employment Term the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") ”), initially at the annual rate of $350,000150,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (Minn Shares Inc)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services (the "Base Salary"'') at the annual initial rate of $350,000of$225,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company's normal payroll practices of the Company and shall practices, but no later than monthly. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany's standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The Company shall pay Executive a base salary ("Base Salary") at the annual rate of $350,000297,500 with the Base Salary from the Commencement Date through August 29, 1998 to be the product of $297,500 multiplied by a fraction, the numerator of which is the number of calendar days from the Commencement Date through August 29, 1998 and the denominator of which is 365. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committeeCompany.

Appears in 1 contract

Samples: Employment Agreement (Lpa Services Inc)

Initial Base Salary. The During the Employment Term the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") ”), initially at the annual rate of $350,000240,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (Minn Shares Inc)

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Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual rate of $350,000240,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and increases will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000200,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The Company shall pay Executive a base salary ("Base Salary") at the annual rate of $350,000425,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committee; provided, however that the Base Salary, as in effect from time to time, may not be decreased.

Appears in 1 contract

Samples: Employment Agreement (La Petite Academy Inc)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000250,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of $350,000230,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The During the Employment Term, the Company shall will pay Executive a Employee an annual base salary as compensation for his services ("the “Base Salary") at the annual initial rate of Two Hundred Thousand Dollars ($350,000200,000). The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined review and adjustment by the Board or its compensation committeeCompany after the Initial Term.

Appears in 1 contract

Samples: Employment Agreement (EVO Transportation & Energy Services, Inc.)

Initial Base Salary. The With respect to the period beginning on the Effective Date and ending on March 31, 2003, the Company shall pay to Executive a base salary ("Base Salary") at the annual rate of $350,000230,000 per annum. The Base Salary Such base salary shall be payable in accordance with the ordinary Company's customary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committeeprocedures.

Appears in 1 contract

Samples: Employment Agreement (Transtechnology Corp)

Initial Base Salary. The During the Employment Term the Company shall will pay Executive a an annual base salary as compensation for his services ("the “Base Salary") ”), initially at the annual rate of $350,000180,000. The Base Salary shall will be payable paid periodically in accordance with the ordinary Company’s normal payroll practices of the Company and shall practices. The Base Salary will be subject to increase as determined by review and adjustments will be made based upon the Board or its compensation committeeCompany’s standard practices.

Appears in 1 contract

Samples: Executive Employment Agreement (Minn Shares Inc)

Initial Base Salary. The Company shall pay Executive a base salary ("Base Salary") at the annual rate of $350,000170,000 with the Base Salary from the Commencement Date through August 29, 1998 to be the product of $170,000 multiplied by a fraction, the numerator of which is the number of calendar days from the Commencement Date through August 29, 1998 and the denominator of which is 365. The Base Salary shall be payable in accordance with the ordinary payroll practices of the Company and shall be subject to increase as determined by the Board or its compensation committeeCompany.

Appears in 1 contract

Samples: Employment Agreement (Lpa Services Inc)

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