Document ID: 11051

Text:
4.1 Annual salary. During the Term, the Company shall pay Executive a base salary at the rate of $350,350 per annum, in accordance with the customary payroll practices of the Company applicable to senior executive s, but not less frequently than monthly. The compensation Committee (the compensation Committee) of the Board shall review Executives base salary during the Term and may increase such amount as it may deem advisable (such salary, as the same may be increased, the Annual salary). The Annual salary shall be prorated for any partial calendar year during the Term.

Named Entities:
22
25
Salary

Tokenized Text:
4
.
1
Annual
salary
.
During
the
Term
,
the
Company
shall
pay
Executive
a
base
salary
at
the
rate
of
$
350
,
350
per
annum
,
in
accordance
with
the
customary
payroll
practices
of
the
Company
applicable
to
senior
executive
s
,
but
not
less
frequently
than
monthly
.
The
compensation
Committee
(
the
compensation
Committee
)
of
the
Board
shall
review
Executives
base
salary
during
the
Term
and
may
increase
such
amount
as
it
may
deem
advisable
(
such
salary
,
as
the
same
may
be
increased
,
the
Annual
salary
)
.
The
Annual
salary
shall
be
prorated
for
any
partial
calendar
year
during
the
Term
.