Common use of Minimum Base Salary Clause in Contracts

Minimum Base Salary. The Minimum Base Salary payable to Employee shall be $300,000 per year, payable on a regular basis in accordance with the Company's standard payroll procedure. On at least an annual basis, the Board of Directors of the Company will review Employee's performance and make any increase to such base salary if, in its discretion, any such increase is warranted.

Appears in 2 contracts

Samples: Employment Agreement (Presidion Corp), Employment Agreement (Presidion Corp)

AutoNDA by SimpleDocs

Minimum Base Salary. The Minimum Base Salary payable to Employee shall be $300,000 250,000 per year, payable on a regular basis in accordance with the Company's standard payroll procedure. On at least an annual basis, the Board of Directors of the Company will review Employee's performance and make any increase to such base salary if, in its discretion, any such increase is warranted.

Appears in 1 contract

Samples: Employment Agreement (Presidion Corp)

AutoNDA by SimpleDocs

Minimum Base Salary. The Minimum Base Salary payable to Employee shall be $300,000 _______ per year, payable on a regular basis in accordance with the Company's standard payroll procedure. On at least an annual basis, the Board of Directors of the Company will review Employee's performance and make any increase to such base salary if, in its discretion, any such increase is warranted.

Appears in 1 contract

Samples: Merger Agreement (Mediabus Networks Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!