Common use of 1Salary Clause in Contracts

1Salary. For services to be rendered hereunder, Executive shall receive a base salary at the rate of four hundred thousand dollars ($400,000.00) per year (the “Base Salary”), subject to standard payroll deductions and withholdings and payable in accordance with the Company’s regular payroll schedule. As an exempt salaried employee, Executive will be required to work the Company’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will not be entitled to overtime compensation.

1Salary. For services to be rendered hereunder, Executive shall receive a base salary at the rate of four hundred seventy-five thousand dollars ($400,000.00475,000.00) per year (the “Base Salary”), subject to standard payroll deductions and withholdings and payable in accordance with the Company’s regular payroll schedule. As an exempt salaried employee, Executive will be required to work the Company’s normal business hours, and such additional time as appropriate for Executive’s work assignments and position, and Executive will not be entitled to overtime compensation.