Document ID: 10721

Text:
5.1 Base Salary. The Company agrees to pay, and Executive agrees to accept, as Executives salary for all services to be rendered by Executive hereunder, a salary at an annual rate of Two Hundred Thousand Dollars ( $200,000 ) (the Base Salary), payable in installments pursuant to the Companys standard payroll practices and policies. If the term of this Agreement is extended beyond the Initial Term, the Base Salary will be increased annually to adjust for inflation, as determined by the Board.

Named Entities:
43
46
Salary

Tokenized Text:
5
.
1
Base
Salary
.
The
Company
agrees
to
pay
,
and
Executive
agrees
to
accept
,
as
Executives
salary
for
all
services
to
be
rendered
by
Executive
hereunder
,
a
salary
at
an
annual
rate
of
Two
Hundred
Thousand
Dollars
(
$
200
,
000
)
(
the
Base
Salary
)
,
payable
in
installments
pursuant
to
the
Companys
standard
payroll
practices
and
policies
.
If
the
term
of
this
Agreement
is
extended
beyond
the
Initial
Term
,
the
Base
Salary
will
be
increased
annually
to
adjust
for
inflation
,
as
determined
by
the
Board
.