Document ID: 11120

Text:
4.1. Annual Base Salary. Beginning with the Employment Commencement Date and continuing during the Term, the Company shall pay Executive on a salary basis. Executives initial Base Salary will be in the amount of Two Hundred Eighty- Five Thousand_Dollars ( $285,000 ) on an annualized basis. The Company will review the Base Salary approximately annually during the Term to determine, at the discretion of the Company, whether the Base Salary should be adjusted and, if so, the amount of such adjustment and the time at which the adjustment should take effect. The term Base Salary as used in this Agreement shall refer to the Base Salary as in effect from time to time, including any adjustments.

Named Entities:
47
50
Salary

Tokenized Text:
4
.
1
.
Annual
Base
Salary
.
Beginning
with
the
Employment
Commencement
Date
and
continuing
during
the
Term
,
the
Company
shall
pay
Executive
on
a
salary
basis
.
Executives
initial
Base
Salary
will
be
in
the
amount
of
Two
Hundred
Eighty
-
Five
Thousand_Dollars
(
$
285
,
000
)
on
an
annualized
basis
.
The
Company
will
review
the
Base
Salary
approximately
annually
during
the
Term
to
determine
,
at
the
discretion
of
the
Company
,
whether
the
Base
Salary
should
be
adjusted
and
,
if
so
,
the
amount
of
such
adjustment
and
the
time
at
which
the
adjustment
should
take
effect
.
The
term
Base
Salary
as
used
in
this
Agreement
shall
refer
to
the
Base
Salary
as
in
effect
from
time
to
time
,
including
any
adjustments
.