Common use of Salary Clause in Contracts

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 193,700 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 188,000 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 265,200 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 177,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 105,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 182,300 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 188,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 177,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 250,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 182,300 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 200,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 416,160 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 330,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 137,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 275,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 257,500 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.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 353,632 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 177,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 221,500 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 349,860 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 364,140 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 561,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 357,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 251,736 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 206,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 190,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 360,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 500,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 310,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 297,138 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 583,664 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 157,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 200,000 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 1, 2005, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 221,500 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.. is hereby amended, effective January 1, 2007, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 212,200 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 225,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 182,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 382,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 186,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 265,300 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 251,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 270,192 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 105,000 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.. is hereby amended, effective June 1, 2001, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 370,800 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 300,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 278,619 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 270,504 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 291,312 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 400,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 357,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 142,000 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 375,064 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 291,312 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 601,174 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 186,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 155,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 278,619 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..  is hereby amended, effective June 16, 2015, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 215,000 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. 1) Section 3.1 of the Employment Agreement, which provides:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 241,892 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 400,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 285,600 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 265,200 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 343,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 247,000 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.. is hereby amended, effective January 1, 2008, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 241,892 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 322,524 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 285,600 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, 2010, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 265,200 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.. is hereby amended, effective January 1, 2012, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 332,200 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. 1. All other terms of the Employment Agreement, as amended, shall remain unaltered and fully effective.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 260,000 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, 2011, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 197,600 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 239,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 273,300 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 231,750 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 350,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 125,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 256,020 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 343,332 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 250,000 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:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 572,220 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 360,000 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.. is hereby amended, effective January 1, 2006, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 223,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 150,000 during each year of the Employment Term. Said salary shall be payable in equal installments in conformity with Employer's normal payroll period. Executive shall receive such salary increases, if any, as Employer, in its sole discretion, shall determine.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of two hundred thousand dollars ($408,000 200,000) 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 190,000 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 343,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 244,800 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 February 1, 2010, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 270,504 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 197,600 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 210,000 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.

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 201,552 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 223,000 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 April 1, 2009, to provide as follows:

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 583,664 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.. is hereby amended, effective January 1, 2015 to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 205,583 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.

Salary. For Executive's services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 350,000 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:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 218,600 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, 2009, to provide as follows:

Salary. For Executive's ’s services hereunder, Employer shall pay as base salary to Executive the amount of $408,000 370,800 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.