Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Humana Inc)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and 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 be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Amh Holdings, LLC)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Three Hundred Thousand Dollars ($300,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of One Hundred Sixty Thousand Dollars ($900,000 (160,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 2 contracts
Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 700,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (GMS Inc.), Employment Agreement
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward procedures, at an annual rate of Five Hundred Thousand Dollars (but not downward) $500,000), subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”) in its discretionBoard.
Appears in 2 contracts
Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Seventy-Five Thousand Dollars ($900,000 (275,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 250,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) [●], payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (At Home Group Inc.), Employment Agreement (At Home Group Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Five Hundred Fifty Thousand Dollars ($550,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase but not downward) by decrease the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Thousand Dollars ($900,000 (220,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 2 contracts
Samples: Employment Agreement (AMH Holdings, Inc.), Employment Agreement (Associated Materials Inc)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Periodrendered 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 immediately succeeding sentence, the “ Base Salary ”), which salary at an annual rate of $900,000 (the “Base Salary”) payable shall be paid in accordance with the Company’s standard then prevailing payroll policiespractices. The Base Salary Executive’s annual salary is eligible for increase annually in accordance with the Company’s compensation practices and increases will be reviewed annually and may be adjusted upward (but not downward) by evaluated at the Organization & discretion of the Compensation Committee of the Board (the “Committee”) in its discretionBoard.
Appears in 2 contracts
Samples: Employment Agreement (Macrochem Corp), Employment Agreement (Macrochem Corp)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 320,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 2 contracts
Samples: Employment Agreement (FTT Holdings, Inc.), Employment Agreement (FTT Holdings, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a base salary at an annual rate of $900,000 (the “Base Salary”) 700,000, payable in accordance with the Company’s standard payroll policiespractices, but no less frequently than monthly (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Euramax Holdings, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay or cause to be paid to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 365,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (TGPX Holdings I LLC), Employment Agreement (TGPX Holdings I LLC)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Fifty Thousand Dollars ($900,000 (250,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 325,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials, LLC), Employment Agreement (Associated Materials, LLC)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 500,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, other than in connection with an across-the-board reduction applicable to all senior executives of the Company) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (Media General Inc), Employment Agreement (Media General Inc)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Five Hundred Thousand Dollars ($900,000 (500,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Four Hundred Thousand Dollars ($400,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 2 contracts
Samples: Employment Agreement (Associated Materials Inc), Employment Agreement (AMH Holdings, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 350,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (EWT Holdings I Corp.), Employment Agreement (GMS Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 275,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 2 contracts
Samples: Employment Agreement (BakerCorp International, Inc.), Employment Agreement (BakerCorp International, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Periodrendered 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 salary at an annual rate of $900,000 (immediately succeeding sentence, the “Base Salary”) payable ), which salary shall be paid in accordance with the Company’s standard then prevailing payroll policiespractices. The Base Salary Executive’s annual salary is eligible for increase annually in accordance with the Company’s compensation practices and increases will be reviewed annually and may be adjusted upward (but not downward) by evaluated at the Organization & discretion of the Compensation Committee of the Board (the “Committee”) in its discretionBoard.
Appears in 2 contracts
Samples: Employment Agreement (Macrochem Corp), Employment Agreement (Macrochem Corp)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 250,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 2 contracts
Samples: Employment Agreement (EWT Holdings I Corp.), Employment Agreement (EWT Holdings I Corp.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 500,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 2 contracts
Samples: Employment Agreement (BakerCorp International, Inc.), Employment Agreement (FTT Holdings, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 215,000.00, subject to annual review by the (the “Base Salary”or its compensation committee) payable in accordance with the Companywhich may increase, but not decrease, Executive’s standard payroll policiesbase salary. The Base Salary Employee will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”) in its discretioneligible for cash bonuses based upon performance.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 480,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Emerald Expositions Events, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 280,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 262,080, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 410,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of the Board directors of Holdings (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 479,041, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 343,980, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of One Hundred Ninety Thousand Dollars ($900,000 (190,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 275,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 327,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
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 the performance of the Executive’s services hereunderhis services, during the Employment Period, the Company shall pay to the Executive a base salary at an annual rate of $900,000 300,000.00 per annum (subject to such annual increases in the “Base Salary”) base salary set in accordance with this Section), payable in accordance with the Company’s 's standard payroll policies. The Base Salary will be reviewed annually policy and may be adjusted upward (but not downward) by the Organization & Compensation Committee beginning as of the Employment Date. At least annually, the Board (the “Committee”) will consider increases in its discretionExecutive's annual rate of salary in light of Executive's individual performance and other relevant factors.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 375,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, other than in connection with an across-the-board reduction applicable to all senior executives of the Company) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s 's services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 750,000, payable in accordance with the Company’s 's standard payroll policiespolicies (the "Base Salary"). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee boat·d of directors of the Board Company or board of directors of Parent (collectively, the “Committee”"Board") (or a committee thereof), as recommended by the Chief Executive Officer, in its discretion.
Appears in 1 contract
Salary. As The Company shall pay to Executive, as compensation for the performance of his duties and obligations under this Agreement, a base salary at the Executive’s services hereunder, rate of $350,000 per annum during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Companynormal payroll practices of the Company for its executive officers. Executive’s standard payroll policies. The Base Salary will base salary shall be reviewed annually and may be adjusted upward (but not downward) subject to review each calendar year by the Organization & Compensation Committee of the Board (of Directors of Xxxxxx in their sole discretion but shall not be reduced during the “Committee”) in its discretionterm of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Miller Energy Resources, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 393,175, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 425,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) ), subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s Base Salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 290,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee Board of Directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Education Management Corporation)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 600,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) ), subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s Base Salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 320,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 650,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually each calendar year and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 285,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 350,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 450,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, other than in connection with an across-the-board reduction applicable to all senior executives of the Company) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Seventy Five Thousand Dollars ($900,000 (275,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 430,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Chief Executive Officer in consultation with the Compensation Committee of the Board (the “Committee”) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Emerald Expositions Events, Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 600,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”) in or its discretioncompensation committee), which may increase but not 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
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of Two Hundred and Seventy-Five Thousand dollars ($900,000 (the “Base Salary”275,000) payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”) in its discretionCompany’s Chief Executive Officer.
Appears in 1 contract
Samples: Employment Agreement (Hawker Beechcraft Quality Support Co)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 250,000.00, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 1 contract
Samples: Employment Agreement (BakerCorp International, Inc.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 290,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of One Hundred Ninety Thousand Dollars ($190,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for During the performance period of the Executive’s services 's employment hereunder, during the Employment Period, the Company shall pay to the Executive a base salary at an annual a rate of not less that $900,000 (the “Base Salary”) payable 300,000 per annum in equal monthly or other installments in accordance with the Company’s standard 's customary payroll policiespractices. The Base Salary will be reviewed annually CEO and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board board of directors of the Company shall annually review Executive's performance and the Salary, and in light of such review may additionally increase (but not decrease) the “Committee”) in its discretionSalary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Three Hundred Thirty Thousand Dollars ($330,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 430,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward, other than in connection with an across-the-board reduction applicable to all senior executives of the Company) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 260,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Three Hundred Ten Thousand Dollars ($310,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Seventy Five Thousand Dollars ($275,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 275,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Three Hundred Thousand Dollars ($900,000 (300,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Six Hundred Thousand Dollars ($600,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($900,000 (225,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 827,367, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance her services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($225,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 300,040, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (GMS Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Seventy Thousand Dollars ($270,000), subject to annual review by the Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Fifty Two Thousand Dollars ($252,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 340,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 430,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Fifty Thousand Dollars ($250,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 409,115, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of Two Hundred Fifty Thousand dollars ($900,000 (the “Base Salary”) 250,000), payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee Board of Directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 290,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee of the Board (the “Committee”or a committee thereof) in its sole discretion.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 312,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 461,956, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 550,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of the Board directors of Holdings (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Three Hundred Ten Thousand Dollars ($900,000 (310,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As In compensation for the performance of the Executive’s his services hereunder, during the Employment Period, the Company shall pay to the Executive shall be paid a salary ("SALARY") for the period commencing on the Effective Date at an annual rate of $900,000 One hundred twenty-five Thousand Dollars (the “Base Salary”US $ 125,000) payable in equal installments in accordance with the Company’s standard 's payroll policies. The Base Executive's Salary will may be reviewed annually and may be adjusted upward (but not downward) increased at any time during the Employment Period by the Organization & Compensation Committee Company's Board of the Board (the “Committee”) in its discretionDirectors.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Three Hundred Thousand Dollars ($330,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Three Hundred Forty Thousand Dollars ($900,000 (340,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 257,504, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (GMS Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) base salary, payable in equal installments in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and procedures, at an annual rate of Two Hundred Twenty Five Thousand Dollars ($225,000), subject to annual review by the Board or its Compensation Committee, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive’s base salary.
Appears in 1 contract
Salary. As compensation for all services to be rendered by the performance of the Executive’s services hereunder, Executive during the Employment PeriodTerm, the Company shall pay to the Executive a salary at an annual the rate of $900,000 350,000 per year (the “Base "Annual Salary”) "), payable in accordance with the Company’s standard 's usual payroll policiespractices for executives. The Base Salary will Executive shall be reviewed annually eligible to receive annual salary reviews and may be adjusted upward (but not downward) salary increases as authorized by the Organization & Compensation Committee of the Board (the “Committee”) in its discretionBoard.
Appears in 1 contract
Samples: Employment Agreement (Sovereign Specialty Chemicals Inc)
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 409,893, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (Evoqua Water Technologies Corp.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 550,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract
Salary. As compensation for the performance of the Executive’s services hereunder, during the Employment Period, the Company shall pay to the Executive a salary at an annual rate of $900,000 (the “Base Salary”) 375,000, payable in accordance with the Company’s standard payroll policiespolicies (the “Base Salary”). The Base Salary will be reviewed annually and may be adjusted upward (but not downward) by the Organization & Compensation Committee board of directors of the Board Company (the “CommitteeBoard”) (or a committee thereof) in its discretion.
Appears in 1 contract
Samples: Employment Agreement (GMS Inc.)
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Two Hundred Seventy Thousand Dollars ($900,000 (270,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services 's other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company's payroll procedures, at an annual rate of Six Hundred Thousand Dollars ($900,000 (600,000), subject to annual review by the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and Board, which may be adjusted upward (increase, but not downward) by decrease, the Organization & Compensation Committee of the Board (the “Committee”) in its discretionExecutive's base salary.
Appears in 1 contract
Salary. As compensation for the performance his services hereunder and in consideration of the Executive’s services other agreements hereunder, during the Employment PeriodTerm, the Company shall pay to the Executive a salary base salary, payable in equal installments in accordance with the Company’s payroll procedures, at an annual rate of $900,000 (the “Base Salary”) payable in accordance with the Company’s standard payroll policies. The Base Salary will be reviewed annually and may be adjusted upward (but not downward) 260,000, subject to annual review by the Organization & Compensation Committee of the Board (the “Committee”or its compensation committee) in its discretionwhich may increase, but not decrease, Executive’s base salary.
Appears in 1 contract