Document ID: 11211

Text:
3.1 Base Salary. During the Term, as compensation for Executives services hereunder, Executive shall receive a salary at no less than the annualized rate of $1 Million Dollars ( $1,000,000 ) per year (Base Salary as may be increased from time to time), which shall be paid in accordance with the Companys normal payroll practices and procedures, less such deductions or offsets required by applicable law or otherwise authorized by Executive.

Named Entities:
35
40
Salary

Tokenized Text:
3
.
1
Base
Salary
.
During
the
Term
,
as
compensation
for
Executives
services
hereunder
,
Executive
shall
receive
a
salary
at
no
less
than
the
annualized
rate
of
$
1
Million
Dollars
(
$
1
,
000
,
000
)
per
year
(
Base
Salary
as
may
be
increased
from
time
to
time
)
,
which
shall
be
paid
in
accordance
with
the
Companys
normal
payroll
practices
and
procedures
,
less
such
deductions
or
offsets
required
by
applicable
law
or
otherwise
authorized
by
Executive
.