Common use of Salary Offset Clause in Contracts

Salary Offset. For purposes of Sections 10 and 11 of this Agreement, regardless of whether the Company offsets any amount against the Employee's salary as a Salary Offset, the Employee's Base Salary shall equal $150,000. The Board shall review, not less often than annually, the rate of the Employee's salary, and, in its sole discretion, may decide to increase his salary;

Salary Offset. For the purposes of Sections Section 10 and 11 of this Agreement, regardless of whether the Company offsets any amount against the Employee's salary as a Salary Offset, the Employee's Base Salary shall equal $150,000100,000. The Board shall review, not less often than annually, the rate of the Employee's salary, and, in its sole discretion, may decide to increase his her salary;