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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 Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’s base salary.

Appears in 2 contracts

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

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Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $320,000, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole discretion.

Appears in 2 contracts

Samples: Employment Agreement (FTT Holdings, Inc.), Employment Agreement (FTT Holdings, 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 Three Five Hundred Thousand Dollars ($300,000500,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’s base salaryBoard.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies. The Base Salary will be reviewed annually and may be adjusted upward ($300,000), subject to annual review but not downward) by the Organization & Compensation Committee of the Board or (the “Committee”) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 '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 Three Two Hundred Fifty Thousand Dollars ($300,000250,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Hundred Thousand Dollars ($300,000)325,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 Three Two Hundred Twenty Thousand Dollars ($300,000220,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole 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 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 Three Two Hundred Seventy-Five Thousand Dollars ($300,000275,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Five Hundred Thousand Dollars ($300,000500,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 Three One Hundred Sixty Thousand Dollars ($300,000160,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 the performance of the Executive’s other agreements 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 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 Three Hundred Thousand Dollars ($300,000), subject to annual review the Company) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 2 contracts

Samples: Employment Agreement (Media General Inc), 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 Three Hundred Thousand Dollars ($300,000)250,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 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 Three Four Hundred Thousand Dollars ($300,000400,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Five Hundred Fifty Thousand Dollars ($300,000550,000), subject to annual review by the Board or its Compensation Committee, which may increase, increase but not decrease, decrease the Executive’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 other agreements hereunder, during the Employment Termrendered under this Agreement, the Company Executive shall pay receive an annual salary of not less than $250,000 (as may be increased pursuant to the Executive a base salaryimmediately succeeding sentence, payable in equal installments the “Base Salary”), which salary shall be paid in accordance with the Company’s then prevailing payroll procedures, at an annual rate of Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the practices. The Executive’s base salaryannual salary is eligible for increase annually in accordance with the Company’s compensation practices and increases will be evaluated at the discretion of the Compensation Committee of the Board.

Appears in 2 contracts

Samples: Employment Agreement (Macrochem Corp), Employment Agreement (Macrochem Corp)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedurespractices, at an annual rate of Three Hundred Thousand Dollars but no less frequently than monthly ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Euramax Holdings, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $275,000.00, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole discretion.

Appears in 2 contracts

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

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 2 contracts

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

Salary. As compensation for his services hereunder and in consideration of the Executive’s other agreements hereunder, during the Employment Termrendered under this Agreement, the Company Executive shall pay receive an annual salary of not less than $250,000 (as may be increased pursuant to the Executive a base salaryimmediately succeeding sentence, payable in equal installments the “ Base Salary ”), which salary shall be paid in accordance with the Company’s then prevailing payroll procedures, at an annual rate of Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the practices. The Executive’s base salaryannual salary is eligible for increase annually in accordance with the Company’s compensation practices and increases will be evaluated at the discretion of the Compensation Committee of the Board.

Appears in 2 contracts

Samples: Employment Agreement (Macrochem Corp), Employment Agreement (Macrochem 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 Three Hundred Ten Thousand Dollars ($300,000310,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 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 Three Hundred Ten Thousand Dollars ($300,000310,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Two Hundred Seventy Five Thousand Dollars ($300,000275,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $480,000, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Emerald Expositions Events, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole 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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole 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 Three Hundred Thousand Dollars ($300,000)343,980, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $450,000, payable in equal installments in accordance with the Company’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 Three Hundred Thousand Dollars ($300,000), subject to annual review the Company) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Media General 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 Three Two Hundred Seventy Five Thousand Dollars ($300,000275,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 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 Three One Hundred Ninety Thousand Dollars ($300,000190,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Hundred Thousand Dollars ($300,000)320,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 Three Two Hundred Seventy Thousand Dollars ($300,000270,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Two Hundred Fifty Two Thousand Dollars ($300,000252,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $340,000, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

Salary. As compensation for his services hereunder and in consideration During the period of the Executive’s other agreements 's employment hereunder, during the Employment Term, the Company shall pay to the Executive a base salary, payable salary at a rate of not less that $300,000 per annum in equal monthly or other installments in accordance with the Company’s 's customary payroll procedurespractices. The CEO and Compensation Committee of the board of directors of the Company shall annually review Executive's performance and the Salary, at an annual rate and in light of Three Hundred Thousand Dollars such review may additionally increase ($300,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, ) the Executive’s base salarySalary.

Appears in 1 contract

Samples: Employment Agreement (Black Warrior Wireline 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 Three Hundred Thirty Thousand Dollars ($300,000330,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’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 Three Hundred Thousand Dollars $425,000 ($300,000the “Base Salary”), subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’s base salaryBase 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 Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarysole discretion.

Appears in 1 contract

Samples: Employment Agreement (FTT Holdings, 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 Three Hundred Thousand Dollars ($300,000)312,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 Three Six Hundred Thousand Dollars ($300,000600,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 Three Hundred Thousand Dollars ($300,000)275,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 services hereunder, during the Employment Term, the Company shall pay to the Executive a base salarysalary at an annual rate of Two Hundred Fifty Thousand dollars ($250,000), payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward by the Board of Directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Education Management LLC)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $650,000, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually each calendar year and may be adjusted upward (but not downward) by the Board or in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Sterling Check Corp.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 Three Hundred Thousand Dollars ($300,000)262,080, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of Holdings (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

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Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (GMS Inc.)

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 '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 Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the salary in light of Executive’s base salary's individual 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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board or its Chief Executive Officer in consultation with the Compensation Committee, which may increase, but not decrease, the Executive’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Emerald Expositions Events, 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 Three Hundred Thousand Dollars ($300,000)600,000, subject to annual review by the Board (or its Compensation Committeecompensation committee), which may increase, increase but not decrease, the decrease Executive’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 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 Three Hundred Thousand Dollars $600,000 ($300,000the “Base Salary”), subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’s base salaryBase 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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 Three Two Hundred Fifty Thousand Dollars ($300,000250,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’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 Three Hundred Thousand Dollars ($300,000)215,000.00, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 her 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 Three Two Hundred Twenty Five Thousand Dollars ($300,000225,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’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 Three Hundred Thousand Dollars ($300,000)550,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $550,000, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of Holdings (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 Three Two Hundred Twenty Five Thousand Dollars ($300,000225,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’s base salary.

Appears in 1 contract

Samples: Employment Agreement (Amh Holdings, LLC)

Salary. As compensation for his all services hereunder and in consideration of to be rendered by the Executive’s other agreements hereunder, Executive during the Employment Term, the Company shall pay to the Executive a base salarysalary at the rate of $350,000 per year (the "Annual Salary"), payable in equal installments in accordance with the Company’s 's usual payroll procedures, at an practices for executives. The Executive shall be eligible to receive annual rate of Three Hundred Thousand Dollars ($300,000), subject to annual review salary reviews and salary increases as authorized by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’s base salaryBoard.

Appears in 1 contract

Samples: Employment Agreement (Sovereign Specialty Chemicals Inc)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 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 Three Hundred Thousand Dollars ($300,000), subject to annual review the Company) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Media General 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 Three Two Hundred Twenty Five Thousand Dollars ($300,000225,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $827,367, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 Three Six Hundred Thousand Dollars ($300,000600,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Hundred Thousand Dollars ($300,000330,000), subject to annual review by the Board or its Compensation Committee, which may increase, but not decrease, the Executive’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 '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 Three Hundred Forty Thousand Dollars ($300,000340,000), subject to annual review by the Board or its Compensation CommitteeBoard, 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 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 Three Hundred Thousand Dollars ($300,000)260,000, subject to annual review by the Board (or its Compensation Committee, compensation committee) which may increase, but not decrease, the Executive’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 Three Two Hundred Seventy Thousand Dollars ($300,000270,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s 's base salary.

Appears in 1 contract

Samples: Employment Agreement (AMH Holdings, Inc.)

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 's payroll procedures, policies. The Executive's Salary may be reviewed and increased at an annual rate of Three Hundred Thousand Dollars ($300,000), subject to annual review any time during the Employment Period by the Company's Board or its Compensation Committee, which may increase, but not decrease, the Executive’s base salaryof Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Newsmax Media Inc)

Salary. As The Company shall pay to Executive, as compensation for the performance of his services hereunder duties and in consideration obligations under this Agreement, a base salary at the rate of the Executive’s other agreements hereunder, $350,000 per annum during the Employment Term, the Company shall pay the Executive a base salaryPeriod, payable in equal installments in accordance with the Company’s normal payroll procedures, at an annual rate practices of Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board or Company for its Compensation Committee, which may increase, but not decrease, the executive officers. Executive’s base salarysalary shall be subject to review each calendar year by the Compensation Committee of the Board of Directors of Xxxxxx in their sole discretion but shall not be reduced during the term of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Miller Energy Resources, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 Three One Hundred Ninety Thousand Dollars ($300,000190,000), subject to annual review by the Board or its Compensation CommitteeBoard, which may increase, but not decrease, the Executive’s '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 services hereunder, during the Employment Term, the Company shall pay to the Executive a base salarysalary at an annual rate of $290,000.00, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward by the Board of Directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Education Management Corporation)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 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 Three Hundred Thousand Dollars ($300,000), subject to annual review the Company) by the Board (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $461,956, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 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 standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

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 $750,000, 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) by the boat·d of directors of the Company or board of directors of Parent (collectively, at an annual rate of Three Hundred Thousand Dollars the "Board") ($300,000or a committee thereof), subject to annual review as recommended by the Board or Chief Executive Officer, in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Convey Holding Parent, Inc.)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements services hereunder, during the Employment Term, the Company shall pay to the Executive a base salary, salary at an annual rate of Two Hundred and Seventy-Five Thousand dollars ($275,000) payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board or its Compensation Committee, which may increase, but not decrease, the ExecutiveCompany’s base salaryChief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Hawker Beechcraft Quality Support Co)

Salary. As compensation for his services hereunder and in consideration the performance of the Executive’s other agreements services hereunder, during the Employment TermPeriod, the Company shall pay to the Executive a base salarysalary at an annual rate of $479,041, payable in equal installments in accordance with the Company’s standard payroll procedures, at an annual rate of Three Hundred Thousand Dollars policies ($300,000the “Base Salary”), subject to annual review . The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Board board of directors of the Company (the “Board”) (or a committee thereof) in its Compensation Committee, which may increase, but not decrease, the Executive’s base salarydiscretion.

Appears in 1 contract

Samples: Employment Agreement (Evoqua Water Technologies Corp.)

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