Base Salary Contract Clauses (1,024)

Grouped Into 67 Collections of Similar Clauses From Business Contracts

This page contains Base Salary clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Base Salary. As of the Effective Date, your annual base salary will be $750,000, which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion.
Found in Arlo Technologies, Inc. contract
View All 52 Similar Clauses
Base Salary. As of the Effective Date, your annual base salary will be $750,000, is $428,000, which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion.
Found in IGM Biosciences, Inc. contract
Base Salary. As of the Effective Start Date, your annual base salary will be $750,000, $390,000, which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion.
Found in Allakos Inc. contract
Base Salary. As of the Effective Date, your annual base salary will be $750,000, $550,000 ("Salary"), which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Your annual base salary Salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion.
Found in Kinnate Biopharma Inc. contract
View Examples
Base Salary. The Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of US$ 375,000. The Base Salary will be payable bimonthly in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be subject to review by the Board (or a Committee thereof) at least annually and may be increased, but not decreased, from time to time by the Board. The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of... this Agreement. View More
Found in Eloxx Pharmaceuticals, Inc. contract
View All 19 Similar Clauses
Base Salary. The Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of US$ 375,000. The Base Salary will be not less than $500,000, payable bimonthly in accordance with the regular payroll practices of the Company. Company, but not less frequently than monthly. The Executive's Base Salary shall be subject to annual review by the Board (or a Committee thereof) at least annually committee thereof), and may be increased, but not decreased, decreased (unless such decrease is ...part of a company-wide or management-wide reduction), from time to time by the Board. The base salary as determined herein and as may be increased from time to time shall constitute "Base Salary" for purposes of this Agreement. View More
Found in Falcon Minerals Corp contract
Base Salary. The During the Employment Term, the Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of US$ 375,000. The Base Salary will be not less than $1,025,000, payable bimonthly in accordance with the regular payroll practices of the Company. Company, but not less frequently than monthly. The Executive's Base Salary shall be subject to annual review by the Board (or a Committee committee thereof) at least annually and may be increased, but not decreased, adjusted fr...om time to time by the Board. Board but not below $1,025,000. The base salary as determined herein and adjusted from time to time shall constitute "Base Salary" for purposes of this Agreement. View More
Found in Leslie's, Inc. contract
Base Salary. The Company agrees to pay the Executive a base salary (the "Base Salary") at an annual rate of US$ 375,000. The Base Salary will be Five Hundred Forty Thousand Dollars ($540,000.00), payable bimonthly semi-monthly in accordance with the regular payroll practices of the Company. The Executive's Base Salary shall be subject to review by the Board (or a Committee thereof) at least annually and may be increased, but not decreased, adjustment from time to time by the Board. Board (or a committee ther...eof) in its sole discretion, but may not be decreased. The base salary as determined herein from time to time shall constitute "Base Salary" for purposes of this Agreement. View More
Found in HEAT BIOLOGICS, INC. contract
View Examples
Base Salary. During the Term, the Company shall pay Executive a base salary at an annual rate of $450,000, payable in accordance with the Company's normal payroll practices for employees as in effect from time to time. Executive shall be entitled to such increases in base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."
Found in NCS Multistage Holdings, Inc. contract
View All 7 Similar Clauses
Base Salary. During the Employment Term, the Company shall pay Executive a base salary at an the annual rate of $450,000, payable in regular installments in accordance with the Company's normal payroll practices for employees as in effect from time to time. usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Board or any duly authorized committee thereof. Executive's annual base ...salary, as in effect from time to time, is hereinafter referred to as the "Base Salary." View More
Found in Chart Industries, Inc. contract
Base Salary. During the Term, the Company shall pay Executive a base salary at an annual rate of $450,000, $475,000, payable in accordance with the Company's normal payroll practices for employees as in effect from time to time. Executive shall be entitled to such increases (but not decreases) in base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."
Found in AGILITI, INC. contract
Base Salary. During At the Term, start of the Employment Term Executive shall continue to receive her current base salary and effective January 1, 2016, the Company shall pay Executive a an increased base salary at an the annual rate of $450,000, $425,000, payable in regular installments in accordance with the Company's normal payroll practices for employees as in effect from time to time. usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be det...ermined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary." View More
Found in PBF Energy Inc contract
View Examples
Base Salary. Your base salary will be at the rate of $18,750.00 per semi-monthly pay period (which if annualized equals $450,000), less all applicable taxes and withholdings, to be paid in installments in accordance with the Company's regular payroll practices. Such base salary may be adjusted from time to time in accordance with normal business practices and in the sole discretion of the Company.
Found in Epizyme, Inc. contract
View All 6 Similar Clauses
Base Salary. Your base salary will be at the rate of $18,750.00 $18,958.33 per semi-monthly pay period (which if annualized equals $450,000), $455,000), less all applicable taxes and withholdings, to be paid in installments in accordance with the Company's regular payroll practices. Such base salary may be adjusted from time to time in accordance with normal business practices and in the sole discretion of the Company.
Found in Epizyme, Inc. contract
Base Salary. Your base salary will be at the rate of $18,750.00 $15,625 per semi-monthly pay period (which if annualized equals $450,000), $375,000), less all applicable taxes and withholdings, to be paid in installments in accordance with the Company's regular payroll practices. Such base salary may be adjusted from time to time in accordance with normal business practices and in the sole discretion of the Company.
Found in Ophthotech Corp. contract
View Examples
Base Salary. Your current annual base salary is $300,000, which will be payable, less applicable withholdings and deductions, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment based upon the Company's normal performance review practices.
Found in Kensington Capital Acquisition Corp. IV contract
View All 5 Similar Clauses
Base Salary. Your current annual base salary is $300,000, $440,000, which will be payable, less applicable withholdings and deductions, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment based upon the Company's normal performance review practices.
Found in RECURSION PHARMACEUTICALS, INC. contract
Base Salary. Your current annual base salary is $300,000, $365,000, which will be payable, less applicable withholdings and deductions, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment based upon the Company's normal performance review practices.
Found in Kensington Capital Acquisition Corp. IV contract
Base Salary. Your current annual base salary is $300,000, $425,000, which will be payable, less applicable withholdings and deductions, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment based upon the Company's normal performance review practices.
Found in SVMK Inc. contract
View Examples
Base Salary. Your current annual base salary is $250,000, less taxes and applicable withholdings, payable on a semi-monthly basis.
Found in Coupa Software Inc contract
View All 4 Similar Clauses
Base Salary. Your current annual base salary is $250,000, $375,000, less taxes and applicable withholdings, payable on a semi-monthly basis.
Found in Coupa Software Inc contract
View Examples
Base Salary. As of the Effective Date, your annual base salary will be $250,000 ("Salary"), which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Our Board has approved that, provided you remain employed through the Company's initial public offering, your Salary will be increased to $430,000 effective as of the effective date of the Company's registration statement relating to such initial 4000 MASON RD SUITE 300, BOX 352141 SEATTLE, WA 98195-2141... public offering. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion. View More
Found in Athira Pharma, Inc. contract
View All 4 Similar Clauses
Base Salary. As of the Effective Date, your annual base salary will be $250,000 $121,000 ("Salary"), which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Our Board has approved that, provided you remain 4000 MASON RD SUITE 300, BOX 352141 SEATTLE, WA 98195-2141 employed through the Company's initial public offering, your Salary will be increased to $430,000 $230,000 effective as of the effective date of the Company's registration statement relati...ng to such initial 4000 MASON RD SUITE 300, BOX 352141 SEATTLE, WA 98195-2141 public offering. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), as applicable, in its sole discretion. View More
Found in Athira Pharma, Inc. contract
Base Salary. As of the Effective Date, your annual base salary will be $250,000 $435,000 ("Salary"), which will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Our Board has and its Compensation Committee (the "Committee") have approved that, provided you remain employed through the Company's initial public offering, your Salary will be increased to $430,000 $550,000 effective as of the effective date of the Company's registration statement relating to... such initial 4000 MASON RD SUITE 300, BOX 352141 SEATTLE, WA 98195-2141 public offering. Your annual base salary will be subject to review and adjustment from time to time by our Board or its Compensation Committee (the "Committee"), the Committee, as applicable, in its sole discretion. View More
Found in ALX ONCOLOGY HOLDINGS INC contract
View Examples
Base Salary. Your base salary will be $13,462.50 per pay period (equivalent to $323,100 on an annual basis) (and effective on the IPO, increasing to $14,166.67 per pay period (equivalent to $340,000 on an annual basis)), less payroll deductions and all required withholdings, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment from time to time by the Committee, in its sole discretion. "IPO" means the effective date of the registration st...atement filed with the U.S. Securities and Exchange Commission in connection with the Company's initial public offering. View More
Found in Peloton Therapeutics, Inc. contract
Base Salary. Your base salary will be $13,462.50 $14,308.33 per pay period (equivalent to $323,100 $343,400 on an annual basis) (and effective on the IPO, increasing to $14,166.67 $14,791.67 per pay period (equivalent to $340,000 $355,000 on an annual basis)), less payroll deductions and all required withholdings, in accordance with the Company's normal payroll practices. Your annual base salary will be subject to review and adjustment from time to time by the Committee, in its sole discretion. "IPO" means t...he effective date of the registration statement filed with the U.S. Securities and Exchange Commission in connection with the Company's initial public offering. View More
Found in Peloton Therapeutics, Inc. contract
View Examples
Base Salary. The Company agrees to pay the Executive an initial base salary ("Base Salary") of $110,000 per annum ($9,167 per month). Annual adjustments after the first year of the Employment Period shall be determined by the Company's Board of Directors (the "Board"). The Base Salary shall be paid in periodic installments in accordance with the Company's regular payroll practices. -1- 5. Bonuses. (a) Annual Bonus. The Executive shall be eligible to receive an annual bonus the ("Annual Bonus") as determined ...by the Compensation Committee or the Board of Directors of the Company (the "Compensation Committee"). The Annual Bonus shall be paid by the Company to the Executive promptly after determination that the relevant targets, if any, have been met, it being understood that the attainment of any financial targets associated with any bonus shall not be determined until following the completion of the Company's annual audit and public announcement of such results and shall be paid promptly following the Company's announcement of earnings. In the event that the Compensation Committee is unable to act or if there shall be no such Compensation Committee, then all references herein to the Compensation Committee (except in the proviso to this sentence) shall be deemed to be references to the Board. Upon his termination from employment, the Executive shall be entitled to receive a pro-rata portion of the Annual Bonus calculated based upon his final day of employment, regardless of whether he is employed by the Company through the conclusion of the fiscal quarter or year, as the case may be, on which the Annual Bonus is based. (b) Equity Awards. The Executive shall be eligible for such grants of awards under a Company incentive plan (or any successor or replacement plan adopted by the Board and approved by the stockholders of the Company) (the "Plan") or as the Compensation Committee or Board may from time to time determine (the "Share Awards"). Share Awards shall be subject to the applicable Plan terms and conditions, provided, however, that Share Awards shall be subject to any additional terms and conditions as are provided herein or in any award certificate(s), which shall supersede any conflicting provisions governing Share Awards provided under the Plan. View More
Found in Exactus, Inc. contract
Base Salary. The Company agrees to pay the Executive an initial a base salary ("Base Salary") of $110,000 per annum ($9,167 per month). Annual adjustments after equal to the first year greater of: (A) the salary paid to Executive immediately prior to the Effective date and (B) seventy (70%) percent of the Employment Period shall be determined by salary of the Company's Board of Directors (the "Board"). Parent's Chief Executive Officer then in effect. The Base Salary shall be paid in periodic installments in ...accordance with the Company's regular payroll practices. -1- 5. Bonuses. The Base Salary may only be increased but not decreased without the written consent of the Executive. (a) Annual Bonus. The Executive shall be eligible to receive an annual bonus the ("Annual Bonus") of up to one-hundred (100%) percent of the Base Salary, to be paid in cash, as reasonably determined by the Compensation Committee or and/or the Board of Directors of the Company (the "Compensation Committee"). The Annual Bonus shall be paid by the Company to the Executive promptly after determination that the relevant targets, if any, have been met, it being understood that the attainment of any financial targets associated with any bonus shall not be determined until following the completion of the Company's annual audit and public announcement of such results and shall be paid promptly following the Company's announcement of earnings. earnings, subject to cash availability. In the event that the Compensation Committee is unable to act or if there shall be no such Compensation Committee, then all references herein to the Compensation Committee (except in the proviso to this sentence) shall be deemed to be references to the Board. Upon his termination from employment, the Executive shall be entitled to receive a pro-rata pro- rata portion of the Annual Bonus calculated based upon his final the last day of employment, the fiscal quarter in which his employment is terminated, regardless of whether he is employed by the Company through the conclusion of the fiscal quarter or year, as the case may be, on which the Annual Bonus is based. The Annual Bonus shall be paid no later than one-hundred and eighty (180) days following the end of the fiscal year of Parent in which the Annual Bonus is earned, subject to cash availability. Executive and the Compensation Committee will work to define a set of goals and objectives for the term of the Agreement as a basis for determining a bonus award(s). Such goals will be quantitative as well as qualitative in nature. (b) Equity Awards. The Executive shall receive an initial award (the "Initial Award") and be eligible for such grants of awards under a Company incentive plan the Parent's 2019 Equity Incentive Plan (or any successor or replacement plan adopted by the Board and approved by the stockholders of the Company) (the "Plan") or as the Compensation Committee or Board may from time to time determine (the "Share Awards"). The Initial Award shall be as set forth on Exhibit A annexed hereto vesting as set forth (the "Executive Vesting Schedule"). Share Awards shall be subject to the applicable Plan terms and conditions, provided, however, that Share Awards shall be subject to any additional terms and conditions as are provided herein or in any award award, Board resolution or certificate(s), which shall supersede any conflicting provisions governing Share Awards provided under the Plan. View More
Found in TimefireVR Inc. contract
Base Salary. The Company agrees to pay the Executive an initial a base salary ("Base Salary") of $110,000 $350,000 per annum ($9,167 per month). Annual adjustments after annum. The parties agree that at the first end of each year of the Employment Period including renewals, Executive's Base Salary shall be determined increase by three percent (3%) to reflect increased cost of living ("COL Adjustment"), and the Company's Board of Directors (the "Board"). Base Salary shall thereafter include all COL Adjustment...s. The Base Salary shall be paid in periodic installments in accordance with the Company's regular payroll practices. -1- 5. Bonuses. The Base Salary may only be increased but not decreased without the written consent of the Executive. 1 (a) Annual Bonus. The Executive shall be eligible to receive an annual bonus the ("Annual Bonus") of up to 100% of the Base Salary, to be paid in cash, as reasonably determined by the Compensation Committee or and/or the Board of Directors of the Company (the "Compensation Committee"). The Annual Bonus shall be paid by the Company to the Executive promptly after determination that the relevant targets, if any, have been met, it being understood that the attainment of any financial targets associated with any bonus shall not be determined until following the completion of the Company's annual audit and public announcement of such results and shall be paid promptly following the Company's announcement of earnings. earnings, subject to cash availability. In the event that the Compensation Committee is unable to act or if there shall be no such Compensation Committee, then all references herein to the Compensation Committee (except in the proviso to this sentence) shall be deemed to be references to the Board. Upon his termination from employment, the Executive shall be entitled to receive a pro-rata portion of the Annual Bonus calculated based upon his final the last day of employment, the fiscal quarter in which his employment is terminated, regardless of whether he is employed by the Company through the conclusion of the fiscal quarter or year, as the case may be, on which the Annual Bonus is based. The Annual Bonus shall be paid no later than June 30th of the year following when the Annual Bonus is earned, subject to cash availability. Merrick Okamoto and the Compensation Committee will work to define a set of goals and objectives for the term of the Agreement as a basis for determining a bonus award(s). Such goals will be quantitative as well as qualitative in nature. (b) Equity Awards. The Company hereby provides Executive with a grant of 5,000,000 Stock Options to purchase common stock (the "Compensating Shares") as approved by the Board of Directors ("Executive Award"), subject to the vesting schedule displayed below ("Vesting Schedule"). For avoidance of doubt: vesting of the Compensation Shares shall vest 50% (2,500,000 Options) upon signing of the agreement and the remaining 2,500,000 Options will vest 25% (625,000 Options) every 6 months, thereafter. In the event of a Change of Control, specified in section 4(f), the remaining Unvested Options will vest immediately. The Options will be available for Cashless Exercise, at the option of the Executive. Options will be issued with a strike price based on the closing price of the Common stock as of the signature date of the option grant. The official closing price on Bloomberg on the date of this agreement was $0.58 per share. In addition to the Executive Award the Executive shall be eligible for such grants of awards under a any applicable Company incentive plan (or any successor or replacement plan adopted by the Board and approved by the stockholders of the Company) (the "Plan") or as the Compensation Committee or Board may from time to time determine (the "Share Awards"). Share Awards shall be subject to the applicable Plan terms and conditions, provided, however, that Share Awards shall be subject to any additional terms and conditions as are provided herein or in any award certificate(s), which shall supersede any conflicting provisions governing Share Awards provided under the Plan. View More
Found in Marathon Patent Group, Inc. contract
Base Salary. The Company agrees to pay the Executive an initial a base salary ("Base Salary") of $110,000 USD $250,000 per annum ($9,167 per month). annum. Annual adjustments after the first year of the Employment Period shall be determined by the Company's Board of Directors (the "Board"). Board. The Base Salary shall be paid in periodic installments in accordance with the Company's regular payroll practices. -1- practices and subject to regular statutory deductions. 1 5. Bonuses. (a) Annual Bonus. The Exec...utive shall be eligible to receive an annual bonus the ("Annual Bonus") as determined by the Compensation Committee or the Board of Directors of the Company (the "Compensation Committee"). Committee") in an amount equal to up to 100% of the Executive's annualized Base Salary. The Annual Bonus shall be paid by the Company to the Executive promptly after determination that the relevant targets, if any, have been met, it being understood that the attainment of any financial targets associated with any bonus shall not be determined until following the completion of the Company's annual audit and public announcement of such results and shall be paid promptly following the Company's announcement of earnings. The Annual Bonus shall be paid no later than the fifteenth (15th) day of March in the following calendar year. In the event that the Compensation Committee is unable to act or if there shall be no such Compensation Committee, then all references herein to the Compensation Committee (except in the proviso to this sentence) shall be deemed to be references to the Board. Upon his termination from employment, the Executive shall be entitled to receive a pro-rata portion of the Annual Bonus calculated based upon his final day of employment, regardless of whether he is employed by the Company through the conclusion of the fiscal quarter or year, as the case may be, on which the Annual Bonus is based. based and payable in cash. Notwithstanding the foregoing, upon termination of employment, the Executive is not entitled to any payment of Annual Bonus during any period of notice of resignation or termination of employment in excess of the minimum period of notice prescribed by the Employment Standards Act, 2000 ("ESA"). All Annual Bonus payments comprise a base amount and vacation pay thereon. Accordingly, no additional amount is payable on Annual Bonus amounts in respect of vacation pay. (b) Equity Awards. The Executive shall be eligible for such grants of awards under a Company the Parent's incentive plan (or any successor or replacement plan adopted by the Board and approved by the stockholders of the Company) (the "Plan") or as the Compensation Committee or Board may from time to time determine (the "Share Awards"). On the Effective Date, the Executive shall be issued the Share Awards set forth on Schedule I attached hereto. Share Awards shall be subject to the applicable Plan terms and conditions, provided, however, that Share Awards shall be subject to any additional terms and conditions as are provided herein or in any award certificate(s), which shall supersede any conflicting provisions governing Share Awards provided under the Plan. View More
Found in Riot Blockchain, Inc. contract
View Examples
Base Salary. During the Employment Term, the Company agrees to pay the Executive a base salary at an annual rate of not less than $1,000,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's base salary shall be subject to annual review by the Board (or a committee thereof) during the first ninety (90) days of each calendar year, and the base salary in respect of such calendar year may be increased above, but not decreased below, i...ts level for the preceding calendar year, by the Board. The base salary as determined herein and adjusted from time to time shall constitute "Base Salary" for purposes of this Agreement. View More
Found in Trinseo S.A. contract
Base Salary. During the Employment Term, the Company agrees to pay the Executive a an annual base salary at an annual rate of not less than $1,000,000, 380,000 CHF (Swiss francs) gross per annum, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly. The Executive's base salary shall be subject to annual review by the Board (or a committee thereof) during the first ninety (90) days of each calendar year, and the base salary in respect of such calendar y...ear may be increased above, but not decreased below, its level for the preceding calendar year, by the Board. The base salary as determined herein and adjusted from time to time shall constitute "Base Salary" for purposes of this Agreement. View More
Found in Trinseo S.A. contract
View Examples