Common use of Base Compensation Clause in Contracts

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 185,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 48,033 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 76,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 72,885 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 ______________ per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 __________ per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ------------------ term of this Agreement a salary at the rate of $81,000 92,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 __ per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 80,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 at least $ per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement agreement a salary at the rate of $81,000 88,200 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 55,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of ------------------ this Agreement a salary at the rate of $81,000 100,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 75,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 per annum200,000 for the first year and $215,000 for the second year and $225,000 for the third year, payable in cash not less frequently than monthlyin accordance with the Bank's payroll procedures. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 175,000 gross per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary’s salary and, and in its sole discretion discretion, may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 203,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 $ per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term ----------------- of this Agreement a salary at the rate of $81,000 73,500 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 125,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ of this Agreement a salary at the rate of $81,000 51,420 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 76,400 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 114,500 per annumannum (as of June 1, 2008), payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 125,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 _________ per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 112,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 80,000 per annum, payable in cash not less frequently than monthly. The Board ; provided, that the rate of such salary shall review, be reviewed by the Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salarydecide.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 142,100 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 110,164 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 130,000 per annumannum (as of September 1, 2008), payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 85,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 120,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 150,000 gross per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salarysalary and, and in its sole discretion discretion, may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 42m per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ of this Agreement agreement a salary at the rate of $81,000 103,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 $ 90,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ------------------- term of this Agreement a salary at the rate of $81,000 $ per annum, payable in -------- cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 175,000 per annum, payable in cash not less frequently than monthly. The Board of Directors shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase adjust his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 77,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 45,000.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 210,000 (as of July 17, 2006) per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 65,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 60,900.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 140,000 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 [ ] per annum, payable in cash not less frequently than monthly. The Board of the Bank shall review, not less often than annually, the rate of the Employee's salary, salary and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 180,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary. Such review shall be documented in the Board's minutes.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 116,000.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 95,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 179,600 per annum, payable in cash not less frequently than monthlyon the Bank’s regular pay frequency. The Board Bank shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his ’s salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 73,614 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 95,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his her salary. The Board's review must be documented in the Board's minutes.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 150,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 272,000 gross per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salarysalary and, and in its sole discretion discretion, may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a the base salary at in effect on the rate of $81,000 per annumEffective Date, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 38,400.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement agreement a salary at the rate of $81,000 78,800 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his his/her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 347,900 per annum, payable in cash not less frequently than monthlyon the Bank’s regular pay frequency. The Board Bank shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his ’s salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 95,000 per annum, payable in cash not less frequently than monthly. The Bank's Board of Directors shall reviewreview the Employee's salary, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 80,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 78,500 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 32,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 117,600 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 123,700 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 138,258 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 28,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 45,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term ------------------ of this Agreement a salary at the rate of $81,000 142,100 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 30,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 100,000.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 200,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement compensation in the form of a salary at the rate of $81,000 150,000.00 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 150,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 60,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 $ 80,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 111,000 (as of September 11, 2008) per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's ’s salary, and in its sole discretion may decide to increase his salary.

Base Compensation. The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $81,000 _________ per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his her salary.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement a salary at the rate of $81,000 $ 145,000 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.

Base Compensation. The Bank agrees to pay the Employee during the term of this Agreement compensation in the form of a salary at the rate of $81,000 176,550 per annum, payable in cash not less frequently than monthly. The ; provided, that the rate of such salary shall be reviewed by the Board shall review, of Directors not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the rate Board of the Employee's salary, and Directors in its sole discretion may decide to increase his salaryat such time.