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Common use of Salary Clause in Contracts

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 182,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 200,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 182,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 105,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 265,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 250,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 188,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 408,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 193,700 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 2 contracts

Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 265,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 343,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 330,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 137,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 349,860 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 364,140 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 278,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 240,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 260,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 212,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 225,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 182,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Price Enterprises Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 382,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 186,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. Is hereby amended, effective September 1, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 201,552 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 265,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 201,552 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 246,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 364,140 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 206,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 190,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 360,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 500,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 310,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 197,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 210,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 212,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 210,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 297,138 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 601,174 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 246,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 408,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 357,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 251,736 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 510,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 228,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 336,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 231,750 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 210,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2005, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 583,664 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 349,860 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 343,332 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 250,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2006, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 231,750 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 572,220 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 125,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 350,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 310,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 278,766 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 256,020 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 273,300 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2009, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 200,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 177,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 22, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 221,500 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 225,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2005, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 343,332 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 247,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 228,200 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 256,020 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 408,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 270,192 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 278,619 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 270,504 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2015, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 343,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 205,583 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 350,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 197,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 239,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 400,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 291,312 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 400,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 357,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 142,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2003, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 336,600 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2014, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 150,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Price Enterprises Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 135,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive's salary shall be reviewed by Employer's Board of Directors from time to time at its discretion, and Executive shall receive such salary increases, if any, as Employer's Board of Directors, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 251,736 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective February 1, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 400,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2013, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 400,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2009, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective July 12, 2010, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 205,583 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2012, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 382,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2008, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 375,064 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 291,312 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2011, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 370,800 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.. is hereby amended, effective January 1, 2007, to provide as follows:

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $416,160 300,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's ’s normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Appears in 1 contract

Samples: Employment Agreement (Pricesmart Inc)