Document ID: 11999

Text:
| 2.1| Base Salary. During the Period of Employment, the Company will pay the Executive a base salary (the Base Salary), which shall be paid in accordance with the Companys regular payroll practices in effect from time to time. Beginning March 31st, 2017 , the Executives Base Salary shall be at an annualized rate of $350,000 . The Board (or a committee thereof) will review the Executives rate of Base Salary on a periodic basis (annually, commencing with fiscal year 2017) and may, in its sole discretion, increase, but shall not decrease, the rate then in effect. ---|---|---

Named Entities:
49
52
EffectiveDate
65
68
Salary

Tokenized Text:
|
2
.
1
|
Base
Salary
.
During
the
Period
of
Employment
,
the
Company
will
pay
the
Executive
a
base
salary
(
the
Base
Salary
)
,
which
shall
be
paid
in
accordance
with
the
Companys
regular
payroll
practices
in
effect
from
time
to
time
.
Beginning
March
31st
,
2017
,
the
Executives
Base
Salary
shall
be
at
an
annualized
rate
of
$
350
,
000
.
The
Board
(
or
a
committee
thereof
)
will
review
the
Executives
rate
of
Base
Salary
on
a
periodic
basis
(
annually
,
commencing
with
fiscal
year
2017
)
and
may
,
in
its
sole
discretion
,
increase
,
but
shall
not
decrease
,
the
rate
then
in
effect
.
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