Common use of Initial Base Salary Clause in Contracts

Initial Base Salary. Beginning on the Approval Date and continuing until the Termination Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $180,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.

Initial Base Salary. Beginning on the Approval Date and continuing until the Termination Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $180,000300,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.

Initial Base Salary. Beginning on the Approval Date and continuing until the Termination Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $180,000225,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.

Initial Base Salary. Beginning on the Approval Date to December 31, 2002 and continuing until the Termination Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $180,000. The Base Salary shall be payable in accordance with the ordinary payroll Payroll practices of Holdings but in no event less often than monthly in arrears.

Initial Base Salary. Beginning on the Approval Date through December 31, 2002, Executive will be paid at an annual rate of $160,000. From January 1, 2003 and continuing until the Termination Date, Holdings Date Executive shall pay Executive be paid a base salary ("Base Salary") at the annual rate of $180,000120,000. The Base Salary shall be payable in accordance with the ordinary payroll practices of Holdings but in no event less often than monthly in arrears.