Salary and Bonuses. During the Term, the Partnership shall pay to Executive a base annual salary established from time to time by the Board, payable in equal monthly installments in accordance with the Partnership's customary practices ("Base Salary"). The amount of Executive's Base Salary may be increased from time to time with the approval of the Board, but as increased may not be thereafter decreased. The Partnership shall have the right to deduct and withhold from such compensation all social security and other federal, state, and local taxes and charges that are currently or that hereafter may be required by law to be so deducted and withheld. The Partnership shall also pay to Executive any bonuses that are declared by the Compensation Committee of the Board from time to time for his benefit.
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Samples: Employment Agreement (Crown Pacific Partners L P), Employment Agreement (Crown Pacific Partners L P), Employment Agreement (Crown Pacific Partners L P)
Salary and Bonuses. During the Term, the Partnership shall pay to Executive a base annual salary established from time to time by the Board, payable in equal monthly installments in accordance with the Partnership's ’s customary practices ("“Base Salary"”). The amount of Executive's ’s Base Salary may be increased from time to time with the approval of the Board, but as increased may not be thereafter decreased. The Partnership shall have the right to deduct and withhold from such compensation all social security and other federal, state, and local taxes and charges that are currently or that hereafter may be required by law to be so deducted and withheld. The Partnership shall also pay to Executive any bonuses that are declared by the Compensation Committee of the Board from time to time for his benefit.
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