Document ID: 10427

Text:
(a) Base Salary. The Executives annual base salary shall be one hundred fifty thousand dollars ( $150,000 ) from the Effective Date through April 1, 2018 , increasing thereafter to two hundred fifty thousand ( $250,000 ) dollars (together with any subsequent increases thereto as hereinafter provided, the Base Salary). The Base Salary shall be payable in accordance with the Companys normal payroll procedures in effect from time to time. The Base Salary may be increased by the Board or its compensation committee (the Committee), if any, from time to time during the Term, but shall be reviewed by the Board or the Committee, if any, at least annually.

Named Entities:
19
22
Salary
29
32
EffectiveDate
42
45
Salary

Tokenized Text:
(
a
)
Base
Salary
.
The
Executives
annual
base
salary
shall
be
one
hundred
fifty
thousand
dollars
(
$
150
,
000
)
from
the
Effective
Date
through
April
1
,
2018
,
increasing
thereafter
to
two
hundred
fifty
thousand
(
$
250
,
000
)
dollars
(
together
with
any
subsequent
increases
thereto
as
hereinafter
provided
,
the
Base
Salary
)
.
The
Base
Salary
shall
be
payable
in
accordance
with
the
Companys
normal
payroll
procedures
in
effect
from
time
to
time
.
The
Base
Salary
may
be
increased
by
the
Board
or
its
compensation
committee
(
the
Committee
)
,
if
any
,
from
time
to
time
during
the
Term
,
but
shall
be
reviewed
by
the
Board
or
the
Committee
,
if
any
,
at
least
annually
.