Common use of Salary Clause in Contracts

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during Executive, in periodic installments in accordance with the Term a Company’s customary payroll practices, an annual base salary at the rate of $350,000 225,000 per annum year during the Employment Period (the “Annual Base Salary”), in accordance with . Such Base Salary shall be subject to increase following the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount date hereof as may be approved determined by the Board CEO or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementBoard.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 275,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 225,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 200,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 410,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 610,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay During the term of his employment under this Agreement, the Executive during the Term a base shall be paid an annual salary at the initial rate of not less than $350,000 per annum 125,000.00 (the “Annual "Base Salary”"), . The Base Salary may be increased from time to time by the Board of Directors of the Company (the "Board") in its sole and absolute discretion. The Board shall review the Base Salary at least annually at the end of each fiscal year of the Company. The Base Salary shall be paid in accordance with the customary Company's regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The During the Term, the Company shall pay to Executive an annualized base salary of $225,000, subject to annual increase as may be determined by the Executive during board of directors of the Company, through the end of the Term a base salary at the rate of $350,000 per annum (the “Annual Base Salary”). The Base Salary shall be calculated and paid in substantially equal, periodic installments in accordance with the customary Company’s normal payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementprocedures.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 330,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 325,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base annual salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an 250,000 or such higher amount as may be approved by the Board may set in its sole discretion, payable in at least monthly installments. Any increase in annual salary shall not serve to limit or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed reduce any other obligations to be the Annual Salary for purposes of Executive under this Agreement.

Salary. The Company shall pay the Executive during Executive, in periodic installments in accordance with the Term Company’s customary payroll practices, a base salary at the biweekly rate of $350,000 per annum 21,538.46 (which if annualized equals $560,000) (the “Annual Base Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Such Base Salary may be increased annually by an amount as may be approved by in the Board or sole discretion of the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementBoard.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 210,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 150,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the to Executive during the Term a base salary at the rate of $350,000 320,000 per annum year (the “Annual Salary”); provided, however, that the Annual Salary shall be automatically increased on April 1, 2017 to $400,000 per year. Executive’s Annual Salary shall be reviewed on at least an annual basis by the Board of Directors or its Compensation Committee, and shall be payable in accordance with the customary Company’s regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 360,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 600,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive an annual base salary hereunder of not less than $ 250,000, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's annual base salary may be increased from time to time as determined by the Board and, if so increased, such annual base salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's annual base salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased annual base salary.

Salary. The Company shall pay the to Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual "Salary”)") in the amount of not less than $250,000 per annum, which may be increased from time to time upon the approval of the Company's Board. The Salary shall be payable in accordance with the customary payroll practices of the Company applicable as the same shall exist from time to senior executives generally. The Annual Salary may time and shall be increased annually by an amount subject to such withholding and other routine employee deductions as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed required from time to be the Annual Salary for purposes of this Agreementtime.

Salary. The Company shall pay the Executive during Executive, in periodic installments in accordance with the Term a Company’s customary payroll practices, an annual base salary at the rate of $350,000 275,000 per annum year during the Employment Period (the “Annual Base Salary”), in accordance with . Such Base Salary shall be subject to increase following the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount date hereof as may be approved determined by the Board CEO or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementBoard.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 725,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a an annual base salary at the rate of $350,000 per annum (the “Annual Base Salary”), ) of $175,000.00 payable in accordance with the customary Company’s regular payroll practices practices, with such payroll deductions and withholdings as required by law. Executive will be eligible for a Base Salary increase each year, based on cost-of-living adjustments and the performance of the Company applicable to senior executives generallyExecutive. The Annual aforementioned Base Salary may increases will be increased annually by an amount as may be approved determined by the Board or President and Senior Staff of the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementCompany.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 375,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive a base annual salary hereunder of not less than $185,000, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's base annual salary may be increased from time to time as determined by the President and, if so increased, such base annual salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's base annual salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased base annual salary.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 235,000 per annum (the “Annual Salary”)year, in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary which may be increased annually by an amount as may be approved by the Board or of Directors at its discretion (the Compensation Committee, and, upon such increase, "Base Salary"). The Base Salary due the increased amount Executive hereunder shall thereafter be deemed payable in equal installments at the times other executives are paid less any amounts required to be withheld by the Annual Company from such Base Salary for purposes pursuant to the benefit plans of this AgreementSection 3(d) and applicable laws and regulations described under Section 10(e).

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 379,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (235,200.00 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 550,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay During the term of his employment under this Agreement, the Executive during the Term a base shall be paid an annual salary at the initial rate of not less than $350,000 per annum 185,000 (the “Annual Salary”"BASE SALARY"), . The Base Salary may be increased from time to time by the Board of Directors of the Company (the "BOARD") in its sole and absolute discretion. The Board shall review the Base Salary at least annually at the end of each fiscal year of the Company. The Base Salary shall be paid in accordance with the customary Company's regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (194,400.00 in equal installments as nearly as practicable on the “Annual Salary”)Company's regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive a base annual salary hereunder of not less than $294,000, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's base annual salary may be increased from time to time as determined by the Board and, if so increased, such base annual salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's base annual salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased base annual salary.

Salary. The Company shall pay the to Executive during the Term a base salary at the rate of $350,000 275,000 per annum year (the “Annual Salary”); provided, however, that the Annual Salary shall be automatically increased on April 1, 2020 to $300,000 per year. Executive’s Annual Salary shall be reviewed on at least an annual basis by the Board of Directors or its Compensation Committee, and shall be payable in accordance with the customary Company’s regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The Company shall pay the Executive during Executive, in periodic installments in accordance with the Term a Company’s customary payroll practices, an annual base salary at the rate of $350,000 275,000 per annum year during the Employment Period (the “Annual Base Salary”), in accordance with . Such Base Salary shall be subject to increase following the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount date hereof as may be approved determined by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementBoard.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 400,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (129,500.00 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 75,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 600,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable bi-weekly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation CommitteeBoard, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (206,400.00 in equal installments as nearly as practicable on the “Annual Salary”)Company's regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive during the Term a an initial base salary at the rate of $350,000 650,000 per annum (the his “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generallyexecutives. The Annual Salary shall not, during the Term, be subject to reduction. The Annual Salary may be increased annually by an amount as may be approved by at the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed Board’s discretion from time to be the Annual Salary for purposes of this Agreementtime.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (325,000 a year in installments on the “Annual Salary”), regularly recurring paydays in accordance with the customary payroll practices Company's practice. Increases in the base salary shall be considered by the Company at least annually, beginning with the completion of the Company first year of employment and will be based on criteria applicable to other senior executives generally. The Annual Salary may of the Company, provided, however, that the award of any such increase shall be increased annually by an amount as may be approved by at the Board or sole discretion of the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementCompany.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (250,000 a year in installments on the “Annual Salary”), regularly recurring paydays in accordance with the customary payroll practices Company’s practice. Increases in the base salary shall be considered by the Company at least annually, beginning with the completion of the Company first year of employment and will be based on criteria applicable to other senior executives generallyof the Company, provided, however, that the award of any such increase shall be at the sole discretion of the Company. The Annual Salary may be increased annually by an amount as may be approved by Notwithstanding the Board or the Compensation Committeeforegoing, andit is agreed that Executive’s base salary shall increase to $275,000 on January 1, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement2006.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (150,045.00 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually but not decreased from time to time by an amount and on such conditions as may be approved by the Board or the Compensation Committee of the Board (the “Compensation Committee”), and, and upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.the

Salary. The During the Employment Term, the Company shall pay to the Executive during the Term a base salary at the rate of $350,000 245,000 per annum subject to discretionary increase by the Company (the “Annual Base Salary”), . Base Salary payable to the Executive hereunder shall be paid in accordance with the customary payroll practices of the Company applicable in effect from time to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary time for purposes of this Agreementits executive employees.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (241,000.00 in equal installments as nearly as practicable on the “Annual Salary”)Company's regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 300,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (135,000.00 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay During each year of the Term, Executive during the Term will receive a base salary at the annual rate of $350,000 per annum 185,000 (the “Annual Base Salary”), which amount shall increase by 5% on each anniversary date during the term of this Agreement. The Base Salary shall be payable in accordance with the customary payroll practices equal semi-monthly installments. The Board of Directors of the Company applicable may increase such salary at any time and from time to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementtime.

Salary. The Company shall pay the Executive during the Term a an initial annual base salary at the rate of not less than $350,000 per annum (the “Annual Salary”)225,000, less customary payroll withholdings, payable in accordance with the customary Company's regular payroll practices practices. Such salary shall be increased to $260,000 in the next payroll following the closing of a financing resulting in gross proceeds to the Company applicable of at least $5,000,000, and such salary shall be subject to senior executives generally. The Annual Salary may be increased annually by an amount annual review and upward adjustment as may be approved determined by the Board or in each calendar year, provided that such annual adjustment shall be at least equal to the Compensation Committee, and, upon such increase, general salary increase provided to Company salaried employees for the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementapplicable year.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (131,310 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay the Executive an annual base ------ salary hereunder of not less than $ 272,160, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's annual base salary may be increased from time to time as determined by the Board and, if so increased, such annual base salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's annual base salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased annual base salary.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 375,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay to the Executive during the Term a an annualized base salary at the a rate of $350,000 per annum (161,360 in equal installments as nearly as practicable on the “Annual Salary”)Company’s regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with the customary payroll normal business practices of the Company applicable to senior executives generallyCompany. The Annual Salary may annualized base salary of the Executive shall not be increased annually by an decreased below its then existing amount as may be approved by during the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes term of this Agreement.;

Salary. The Company shall pay During the term of his employment under this Agreement, the Executive during the Term a base shall be paid an annual salary at the initial rate of not less than $350,000 per annum 165,000.00 (the “Annual "Base Salary”"), . The Base Salary may be increased from time to time by the Board of Directors of the Company (the "Board") in its sole and absolute discretion. The Board shall review the Base Salary at least annually at the end of each fiscal year of the Company. The Base Salary shall be paid in accordance with the customary Company's regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”)salary, payable in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary Company, at the rate of $450,000 per annum, which amount may be increased annually by an amount (but not decreased) from time to time at the sole discretion of the Board (such amount, as may be approved by the Board or the Compensation Committee, and, upon such increaseso increased, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement"BASE SALARY").

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 375,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base annual salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an 160,000 or such higher amount as may be approved by the Board may set in its sole discretion, payable in at least monthly installments (Salary). Any increase in annual salary shall not serve to limit or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed reduce any other obligations to be the Annual Salary for purposes of Executive under this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 325,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 710,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable bi-weekly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased (but not decreased) annually by an amount as may be approved by the Board or the Compensation CommitteeBoard, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive a base annual salary hereunder of not less than $230,464, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's base annual salary may be increased from time to time as determined by the President and, if so increased, such base annual salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's base annual salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased base annual salary.

Salary. The Company shall pay During the term of his employment under this Agreement, the Executive during the Term a base shall be paid an annual salary at the a rate of not less than $350,000 per annum 150,000 (the “Annual Salary”"BASE SALARY"), . The Base Salary may be increased from time to time by the Board of Directors of the Company (the "BOARD") in its sole and absolute discretion. The Board shall review the Base Salary at least annually at the end of each fiscal year of the Company. The Base Salary shall be paid in accordance with the customary Company's regular payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementpractices.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 500,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable payable semi-monthly and subject to senior executives generallyregular deductions and withholdings as required by law. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee of the Board of Directors (the “Compensation Committee”), and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 250,000 per annum (the “Annual Salary”"ANNUAL SALARY"), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement.

Salary. The During the Term, the Company shall pay the Executive during the Term a an annual base salary at the rate of $350,000 per annum (1,000,000, payable in equal installments on the “Annual Salary”), Company’s regularly recurring paydays in accordance with the customary Company’s normal payroll practices practice. Increases in annual base salary shall be considered by the Company at least annually, beginning with the Company’s 2015 fiscal year, provided, however, that the award of any such increase shall be at the sole discretion of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementCompany.

Salary. The Company shall pay the Executive during the Term a an annual base salary at the rate of $350,000 per annum (the “Annual Base Salary”), ) of $325,000 payable in accordance with the customary Company’s regular payroll practices practices, with such payroll deductions and withholdings as required by law. Executive will be eligible for a Base Salary increase each year, based on cost of living adjustments and the performance of the Company applicable to senior executives generallyExecutive. The Annual aforementioned Base Salary may increases will be increased annually by an amount as may be approved determined by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this AgreementCEO.

Salary. The Company shall pay the Executive during the Term a base salary at the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices of the Company applicable to senior executives generally. The Annual Salary Company, at the rate of $450,000 per annum, which amount may be increased annually by an amount (but not decreased) from time to time at the sole discretion of the Board (such amount, as may be approved by the Board or the Compensation Committee, and, upon such increaseso increased, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement"BASE SALARY").

Salary. The Company shall pay the Executive a base annual salary hereunder of not less than $160,000, payable in equal semimonthly installments or at such other intervals as shall be agreed upon by the parties. The Executive's base annual salary may be increased from time to time as determined by the President and, if so increased, such base annual salary shall not thereafter during the Term a base salary at Executive's employment under this Agreement be decreased and the rate of $350,000 per annum (the “Annual Salary”), in accordance with the customary payroll practices obligation of the Company applicable hereunder to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by pay the Board or the Compensation Committee, and, upon such increase, the increased amount Executive's base annual salary shall thereafter be deemed relate to be the Annual Salary for purposes of this Agreementsuch increased base annual salary.

Salary. The During the Term, the Company shall pay to Executive an annualized base salary of $300,000, subject to annual increase as may be determined by the Executive during board of directors of the Company, through the end of the Term a base salary at the rate of $350,000 per annum (the “Annual Base Salary”). The Base Salary shall be calculated and paid in substantially equal, periodic installments in accordance with the customary Company’s normal payroll practices of the Company applicable to senior executives generally. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreementprocedures.