Document ID: 11329

Text:
5.1 Base Salary. The Executive will be paid a base salary at the initial rate of $225,000.00 per year (the Base Salary). Base Salary shall be subject to annual review for additional increase, but not decrease, in the sole discretion of the Board. The Base Salary will be payable in equal periodic installments in accordance with Reeds customary payroll practices.

Named Entities:
19
24
Salary

Tokenized Text:
5
.
1
Base
Salary
.
The
Executive
will
be
paid
a
base
salary
at
the
initial
rate
of
$
225
,
000
.
00
per
year
(
the
Base
Salary
)
.
Base
Salary
shall
be
subject
to
annual
review
for
additional
increase
,
but
not
decrease
,
in
the
sole
discretion
of
the
Board
.
The
Base
Salary
will
be
payable
in
equal
periodic
installments
in
accordance
with
Reeds
customary
payroll
practices
.