Document ID: 15032

Text:
(a) Base Salary. Commencing on the Effective Date, you will be paid an annual base salary of two hundred and eighty thousand dollars ( $280,000.00 ) (the Base Salary) for your services as General Counsel , payable in the time and manner that the Company customarily pays its employees provided that you will receive pro-rata payments of Base Salary at least once each calendar month (subject to the going concern exception described below). Your Base Salary will be reviewed periodically by the Board and may be increased (but not decreased) by the Board.

Named Entities:
28
33
Salary
44
45
Role

Tokenized Text:
(
a
)
Base
Salary
.
Commencing
on
the
Effective
Date
,
you
will
be
paid
an
annual
base
salary
of
two
hundred
and
eighty
thousand
dollars
(
$
280
,
000
.
00
)
(
the
Base
Salary
)
for
your
services
as
General
Counsel
,
payable
in
the
time
and
manner
that
the
Company
customarily
pays
its
employees
provided
that
you
will
receive
pro-rata
payments
of
Base
Salary
at
least
once
each
calendar
month
(
subject
to
the
going
concern
exception
described
below
)
.
Your
Base
Salary
will
be
reviewed
periodically
by
the
Board
and
may
be
increased
(
but
not
decreased
)
by
the
Board
.