Base Salary Clause Example from Business Contracts

Base Salary. Effective as of October 1, 2021, your annual base salary was increased to $550,000. Your base salary will be payable, less any applicable withholdings, in accordance with the Company's normal payroll practices. Your base salary will be subject to review and adjustment from time to time by our Board of Directors (the "Board") or its Compensation Committee (the "Committee") as applicable, in its sole discretion.