Base Compensation Clause Example with 5 Variations from Business Contracts

This page contains Base Compensation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Base Compensation. The Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 per year (prorated for any partial year), payable in accordance with the Company's regular payroll practices and shall be subject to all applicable tax withholdings and deductions. The Company shall review Executive's performance from time to time for purposes of, among other things, determining the appropriateness of increasing or decreasing his Base Compensation hereunder. For purposes of the Agreement..., the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Found in BioXcel Therapeutics, Inc. contract

Variations of a "Base Compensation" Clause from Business Contracts

Base Compensation. The Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 per year $250,000 (prorated for any partial year), payable in accordance with the Company's regular payroll practices and equal bimonthly installments. Effective January 1, 2022, Executive's Base Compensation shall be subject increased to all applicable tax withholdings and deductions. The Company $385,000. In addition, each year during the term of this Agreement, Executive shall review Ex...ecutive's performance from time to time be reviewed for purposes of, among other things, of determining the appropriateness of increasing or decreasing his Executive's Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Found in ADiTx Therapeutics, Inc. contract
Base Compensation. The Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 $280,000 per year (prorated for any partial year), payable in accordance with equal bimonthly installments. In addition, each year during the Company's regular payroll practices and term of this Agreement, Executive shall be subject to all applicable tax withholdings and deductions. The Company shall review Executive's performance from time to time reviewed for purposes of, among other thi...ngs, of determining the appropriateness of increasing or decreasing his Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Found in ADiTx Therapeutics, Inc. contract
Base Compensation. The Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 $240,000 per year (prorated for any partial year), payable in accordance with the Company's regular payroll practices and shall be subject to all applicable tax withholdings and deductions. The Company Base Compensation shall be increased to $450,000 per year (prorated for any partial year) after an IPO, less applicable tax withholdings and deductions. The Board or its compensation committ...ee shall review Executive's performance from time to time for purposes of, among other things, determining the appropriateness of increasing or decreasing his Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted increased pursuant to this Section 4. View More
Found in BioXcel Therapeutics, Inc. contract
Base Compensation. The Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 $10,000 per year month (prorated for any partial year), month), payable in accordance with the Company's regular payroll practices and shall be subject to all applicable tax withholdings and deductions. The Base Compensation shall be increased to $280,000 per year (prorated for any partial year) after an IPO, less applicable tax withholdings and deductions. The Company shall review Executi...ve's performance from time to time for purposes of, among other things, determining the appropriateness of increasing or decreasing his Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Found in BioXcel Therapeutics, Inc. contract
Base Compensation. The Initially, the Company shall pay to Executive a base compensation (the "Base Compensation") of $400,000 $180,000 per year (prorated for any partial year), payable in accordance with the Company's regular payroll practices and shall be subject to all applicable tax withholdings and deductions. The Base Compensation shall be increased to $280,000 per year (prorated for any partial year) after an IPO, less applicable tax withholdings and deductions. The Company shall review Executive's performa...nce from time to time for purposes of, among other things, determining the appropriateness of increasing or decreasing his Base Compensation hereunder. For purposes of the Agreement, the term "Base Compensation" as of any point in time shall refer to the Base Compensation as adjusted pursuant to this Section 4. View More
Found in BioXcel Therapeutics, Inc. contract