Document ID: 16159

Text:
(a) Base Salary. During the Employment Period, the Company shall pay to Employee an annualized base salary of $315,000 (the Base Salary) in consideration for Employees services under this Agreement, payable in substantially equal installments in conformity with the Companys customary payroll practices for other senior executives as may exist from time to time, but no less frequently than monthly. The Base Salary shall be reviewed by the Board in accordance with the Companys policies and practices, but no less frequently than once annually, and may be increased but not decreased unless such decrease is agreed to in writing by Employee. To the extent applicable, the term Base Salary shall include any such increases (or decreases agreed to in writing by Employee) to the Base Salary enumerated above.

Named Entities:
22
25
Salary

Tokenized Text:
(
a
)
Base
Salary
.
During
the
Employment
Period
,
the
Company
shall
pay
to
Employee
an
annualized
base
salary
of
$
315
,
000
(
the
Base
Salary
)
in
consideration
for
Employees
services
under
this
Agreement
,
payable
in
substantially
equal
installments
in
conformity
with
the
Companys
customary
payroll
practices
for
other
senior
executives
as
may
exist
from
time
to
time
,
but
no
less
frequently
than
monthly
.
The
Base
Salary
shall
be
reviewed
by
the
Board
in
accordance
with
the
Companys
policies
and
practices
,
but
no
less
frequently
than
once
annually
,
and
may
be
increased
but
not
decreased
unless
such
decrease
is
agreed
to
in
writing
by
Employee
.
To
the
extent
applicable
,
the
term
Base
Salary
shall
include
any
such
increases
(
or
decreases
agreed
to
in
writing
by
Employee
)
to
the
Base
Salary
enumerated
above
.