Salary Compensation. Beginning January 1, 2022, the Company shall pay Employee an annualized base salary of THREE HUNDRED AND SEVENTY-FIVE THOUSAND DOLLARS ($375,000.00), payable in accordance with the Company’s customary payroll practices, no less frequently than monthly. Until January 1, 2022, Employee will continue to earn his current annual base salary, as provided by the 2016 Employment Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Superior Group of Companies, Inc.), Employment Agreement (Superior Group of Companies, Inc.), Employment Agreement (Superior Group of Companies, Inc.)
Salary Compensation. Beginning January 1, 2022, the Company shall pay Employee an annualized base salary of THREE TWO HUNDRED AND SEVENTY-FIVE FIFTY THOUSAND DOLLARS ($375,000.00250,000.00), payable in accordance with the Company’s customary payroll practices, no less frequently than monthly. Until January 1, 2022, Employee will continue to earn his current annual base salary, as provided by the 2016 Employment Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Superior Group of Companies, Inc.), Employment Agreement (Superior Group of Companies, Inc.)
Salary Compensation. Beginning January 1, 20222024, the Company shall pay Employee an annualized base salary (“Base Salary”) of THREE HUNDRED AND SEVENTYfour hundred twenty-FIVE THOUSAND DOLLARS six thousand four hundred dollars ($375,000.00426,400.00), payable in accordance with the Company’s customary payroll practices, no less frequently than monthly. Until January 1The Company shall consider, 2022on an annual basis, Employee will continue to earn his current annual base salarythe nature, as provided by extent and advisability, if any, of an adjustment in the 2016 Employment AgreementEmployee’s Base Salary.
Appears in 1 contract
Samples: Employment Agreement (Superior Group of Companies, Inc.)
