Common use of Salary Clause in Contracts

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)

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Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Five Hundred Twenty Thousand Dollars ($220,000500,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Three Hundred Twenty Thousand Dollars ($220,000300,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Amh Holdings, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Seventy-Five Thousand Dollars ($220,000275,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Five Hundred Twenty Thousand Dollars ($220,000500,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $500,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (BakerCorp International, Inc.), Employment Agreement (FTT Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $350,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement (EWT Holdings I Corp.), Employment Agreement (GMS Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Five Hundred Twenty Fifty Thousand Dollars ($220,000550,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, increase but not decrease, decrease the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Four Hundred Twenty Thousand Dollars ($220,000400,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $250,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement (EWT Holdings I Corp.), Employment Agreement (EWT Holdings I Corp.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $[●], payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement (At Home Group Inc.), Employment Agreement (At Home Group Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Three Hundred Twenty Thousand Dollars ($220,000300,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two One Hundred Twenty Sixty Thousand Dollars ($220,000160,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)250,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $450,000.00, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (At Home Group Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay or cause to be paid to the Executive a base salarysalary at an annual rate of $365,000.00, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement (TGPX Holdings I LLC), Employment Agreement (TGPX Holdings I LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Fifty Thousand Dollars ($220,000250,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)325,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 2 contracts

Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salary, salary at an annual rate of $900,000 (the “Base Salary”) payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies. The Base Salary will be reviewed annually and may be adjusted upward ($220,000), subject to annual review but not downward) by the Board, which may increase, but not decrease, Organization & Compensation Committee of the Executive's base salaryBoard (the “Committee”) in its discretion.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Humana Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the The Company shall agrees to pay the Executive during his employment hereunder a base salary, salary at the rate of $600,000 per annum (the “Base Compensation”). The Base Compensation shall be payable in equal installments in accordance with the Company's ’s customary payroll procedurespractices. During the Executive’s employment hereunder, at the Base Compensation shall be reviewed on an annual rate of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review basis by the Board, which may increase, but not decrease, the Executive's base salaryManager.

Appears in 2 contracts

Samples: Employment Agreement (Funko, Inc.), Employment Agreement (Funko, Inc.)

Salary. As compensation for his her services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($220,000225,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $430,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Fifty Thousand Dollars ($220,000250,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)262,080, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $410,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of Holdings (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $260,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Six Hundred Twenty Thousand Dollars ($220,000600,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)343,980, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Three Hundred Twenty Thousand Dollars ($220,000300,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $375,000, payable in equal installments in accordance with the Company's ’s standard payroll procedurespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, at other than in connection with an annual rate across-the-board reduction applicable to all senior executives of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review the Company) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Media General Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $409,893, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. (a) As compensation for while employed hereunder, Executive, during his services hereunder faithful performance of this Agreement, in whatever capacity rendered, shall receive an annual base salary of $172,224.00, payable on such terms and in consideration a series of substantially equal installments according to the Company’s normal payroll practices. The Company’s Board of Directors, in its discretion, may adjust Executive's other agreements hereunder, ’s base salary during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate term of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salarythis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $280,000.00, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (FTT Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $350,000.00, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)215,000.00, subject to annual review by the Board, (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary. The Employee will be eligible for cash bonuses based upon performance.

Appears in 1 contract

Samples: Employment Agreement (MYnd Analytics, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)312,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $700,000, payable in equal installments in accordance with the Company's ’s standard payroll procedurespractices, at an annual rate of Two Hundred Twenty Thousand Dollars but no less frequently than monthly ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Euramax Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $430,000, payable in equal installments in accordance with the Company's ’s standard payroll procedurespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, at other than in connection with an annual rate across-the-board reduction applicable to all senior executives of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review the Company) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Media General Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two One Hundred Twenty Ninety Thousand Dollars ($220,000190,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Six Hundred Twenty Thousand Dollars ($220,000600,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $285,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Salary. As The Company agrees to pay Executive and Executive agrees ------ to accept as compensation for his services hereunder and in consideration of the Executive's other agreements hereunderservices, during the Employment Term, the Company shall pay the Executive a base salarysalary of $300,000.00 per annum (subject to such annual increases in the base salary set in accordance with this Section), payable in equal installments in accordance with the Company's standard payroll procedurespolicy and beginning as of the Employment Date. At least annually, at an the Board will consider increases in Executive's annual rate of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review by the Board, which may increase, but not decrease, the salary in light of Executive's base salaryindividual performance and other relevant factors.

Appears in 1 contract

Samples: Executive Employment Agreement (Tellium Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $290,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)600,000, subject to annual review by the BoardBoard (or its compensation committee), which may increase, increase but not decrease, the decrease Executive's ’s base salary. Executive’s annual rate of base salary shall increase to $625,000 effective April 1, 2011 and will be further increased to $650,000 effective April 1, 2012.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars $600,000 ($220,000the “Base Salary”), subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's base salary’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two One Hundred Twenty Ninety Thousand Dollars ($220,000190,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

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Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Seventy Thousand Dollars ($220,000270,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $300,040, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (GMS Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Seventy Thousand Dollars ($220,000270,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Fifty Two Thousand Dollars ($220,000252,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $250,000.00, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board, which may increase, but not decrease, the Executive's base salaryBoard (or a committee thereof) in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (BakerCorp International, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Seventy Five Thousand Dollars ($220,000275,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)320,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars $425,000 ($220,000the “Base Salary”), subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's base salary’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the The Company shall pay the Executive a base salarysalary of not less than $225,000 per year, payable in equal installments in accordance with to be paid at the usual times for the payment of the Company's payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)’s executives, subject to annual review adjustment as provided herein. Executive’s base salary shall be reviewed annually by the Board, which Board and may increasebe increased, but shall not decreasebe decreased. Incentive compensation or bonuses (called in this Agreement incentive compensation) will be determined by the Board at its discretion and pursuant to the terms and conditions of any incentive plan(s), if any, adopted by the Executive's base salaryCompany from time to time.

Appears in 1 contract

Samples: Employment Agreement (Carbon Natural Gas Co)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $375,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (GMS Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)275,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $409,115, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. As In compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive shall be paid a base salary, salary ("SALARY") for the period commencing on the Effective Date at an annual rate of One hundred twenty-five Thousand Dollars (US $ 125,000) payable in equal installments in accordance with the Company's payroll procedures, policies. The Executive's Salary may be reviewed and increased at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review any time during the Employment Period by the Board, which may increase, but not decrease, the ExecutiveCompany's base salaryBoard of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Newsmax Media Inc)

Salary. As compensation for his the services hereunder and in consideration of the Executive's other agreements to be rendered by Executive hereunder, during the Employment Term, the Company shall pay the to Executive a base salaryannual salary (“Annual Salary”) of $500,000 per year, payable in equal installments in accordance with the customary payroll practices of the Company's payroll procedures. The parties shall comply with all applicable withholding requirements in connection with all compensation payable to Executive. The Board may, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)in its sole discretion, subject review and adjust upward Executive’s Annual Salary from time to annual review by the Board, which may increasetime, but not decrease, no downward adjustment in Executive’s Annual Salary may be made during the Executive's base salaryterm of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Mens Wearhouse Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)550,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($220,000225,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Amh Holdings, LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $393,175, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Three Hundred Twenty Ten Thousand Dollars ($220,000310,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Seventy Five Thousand Dollars ($220,000275,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Three Hundred Twenty Thirty Thousand Dollars ($220,000330,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Three Hundred Twenty Ten Thousand Dollars ($220,000310,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $257,504, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (GMS Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($220,000)260,000, subject to annual review by the Board, Board (or its compensation committee) which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials, LLC)

Salary. (a) As compensation for while employed hereunder, Executive, during his services hereunder faithful performance of this Agreement, in whatever capacity rendered, shall receive an annual base salary of $180,000.00, payable on such terms and in consideration a series of substantially equal installments according to the Company’s normal payroll practices. The Company’s Board of Directors, in its discretion, may adjust Executive's other agreements hereunder, ’s base salary during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate term of Two Hundred Twenty Thousand Dollars ($220,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salarythis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Aerosonic Corp /De/)

Salary. As compensation for his services hereunder and in consideration of the Executive's ’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's ’s payroll procedures, at an annual rate of Two Three Hundred Twenty Thousand Dollars ($220,000330,000), subject to annual review by the BoardBoard or its Compensation Committee, which may increase, but not decrease, the Executive's ’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Amh Holdings, LLC)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Three Hundred Twenty Forty Thousand Dollars ($220,000340,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (Associated Materials Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $275,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (EWT Holdings I Corp.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive's other agreements ’s services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $327,000, payable in equal installments in accordance with the Company's ’s standard payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars policies ($220,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the board of directors of the Company (the “Board, which may increase, but not decrease, the Executive's base salary”) (or a committee thereof) in its discretion.

Appears in 1 contract

Samples: Employment Agreement (GMS Inc.)

Salary. As compensation for his services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($220,000225,000), subject to annual review by the Board, which may increase, but not decrease, the Executive's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

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