Common use of Base Compensation Clause in Contracts

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) payable in installments in accordance with the regular payroll schedule of the Bank. Such base salary shall be subject to review annually commencing in 1997 and shall be maintained or increased during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 2 contracts

Sources: Employment Agreement (West Suburban Bancorp Inc), Employment Agreement (West Suburban Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two One Hundred Seventeen and Thirty-Five Thousand Eight Hundred Seventy-eight Dollars dollars ($217,878135,000.00) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 on the first of November 2006 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 2 contracts

Sources: Employment Agreement (Centrue Financial Corp), Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 122,500 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Thousand Eight Hundred Seventyone hundred seventy-eight Dollars five thousand dollars ($217,878175,000.00) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 on the first anniversary of the Effective Date, and such salary shall be maintained or increased during the term hereof Term (as defined below) in accordance with the Employer's ’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).

Appears in 1 contract

Sources: Employment Agreement (First Community Financial Partners, Inc.)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 141,750 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 150,000 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars one hundred and ten thousand dollars ($217,878110,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 1999 and shall be maintained or increased during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (West Suburban Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 122,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventyone hundred and seventy-eight Dollars five thousand dollars ($217,878175,000) payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2004 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Kankakee Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Thirty-five Thousand Eight Hundred Seventy-eight Dollars ($217,878135,000) payable in installments in accordance with the regular payroll schedule of the Bank. Such base salary shall be subject to review annually commencing in 1997 and shall be maintained or increased during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (West Suburban Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 207,500 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2016 and shall be maintained or increased (but not decreased) during the term hereof Term of this Agreement in accordance with the Employer's Company’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars one hundred and eighty six thousand dollars ($217,878186,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary compensation shall be subject to review annually commencing in 1997 1994 and shall be maintained or increased during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Merchants Bancorp Inc/De/)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Sixty Thousand Eight Hundred Seventy-eight Dollars ($217,878160,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 at the end of each calendar year during the Term, and such salary shall be maintained or increased during the term hereof Term (as defined below) in accordance with the Employer's ’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).

Appears in 1 contract

Sources: Employment Agreement (First Community Financial Partners, Inc.)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 110,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 114,000 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen and Sixty Two Thousand Eight Hundred Seventy-eight Dollars dollars ($217,878262,000.00) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2006 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Ten Thousand Eight Hundred Seventy-eight Dollars ($217,878110,000) payable in installments in accordance with the regular payroll schedule of the Bank. Such base salary shall be subject to review annually commencing in 1997 2001 and shall be maintained or increased during the term hereof in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (West Suburban Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars hundred twenty thousand dollars ($217,878220,000) payable in installments in accordance with the regular payroll schedule of the BankBank ("BASE SALARY"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Merger Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 325,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 131,200 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 177,000 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 160,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen and Seventy Five Thousand Eight Hundred Seventy-eight Dollars dollars ($217,878275,000.00) payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2005 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 157,500 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Employer shall pay to the Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Seventy Five Thousand Eight Hundred Seventy-eight Dollars ($217,878275,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 1998 and shall be maintained or increased (but not decreased) during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Linc Group Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Eighty-five Thousand Eight Hundred Seventy-eight Dollars ($217,878185,000) payable in installments in accordance with the regular payroll schedule of the Bank. Such base salary shall be subject to review annually commencing in 1997 and shall be maintained or increased during the term hereof in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (West Suburban Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 120,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) [________] payable in installments in accordance with the regular payroll schedule of the BankBank ("BASE SALARY"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Merger Agreement (Centrue Financial Corp)

Base Compensation. The Effective January 1, 2009, the Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 161,500 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2009 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 212,000 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2016 and shall be maintained or increased (but not decreased) during the term hereof Term of this Agreement in accordance with the Employer's Company’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two One Hundred Seventeen and Twenty Thousand Eight Hundred Seventy-eight Dollars dollars ($217,878120,000.00) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2005 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 100,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen One hundred and Seventy Thousand Eight Hundred Seventy-eight Dollars ($217,878170,000) payable in installments in accordance with the regular payroll schedule of the BankBank ("BASE SALARY"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Merger Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Ninety-two Thousand Eight and Five Hundred Seventy-eight Dollars dollars ($217,878192,500) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 on the first anniversary of the Effective Date, and such salary shall be maintained or increased during the term hereof Term (as defined below) in accordance with the Employer's ’s established management compensation policies and plansplans (as the same may be adjusted, “Base Compensation”).

Appears in 1 contract

Sources: Employment Agreement (First Community Financial Partners, Inc.)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two Hundred Seventeen Ninety Nine Thousand Eight Hundred Seventy-eight Dollars ($217,87899,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer. Such base salary shall be subject to review annually commencing in 1997 2003 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (St Joseph Capital Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two One Hundred Seventeen and Ninety Thousand Eight Hundred Seventy-eight Dollars dollars ($217,878190,000.00) payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2005 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventyone hundred and thirty-eight Dollars five thousand dollars ($217,878135,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate of Two One Hundred Seventeen Seventy Five Thousand Eight Hundred Seventy-eight Dollars Dollar ($217,878175,000.00) payable in installments in accordance with the regular payroll schedule of the Bank. Such base salary shall be subject to annual review annually by the Board of Directors commencing in 1997 for the year 2002 and shall be maintained or for increased during the term hereof in accordance with the Employer's Bank’s established management compensation policies and plansplans or as otherwise determined by the Board of Directors.

Appears in 1 contract

Sources: Employment Agreement (ISB Financial Corp.)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 325,000 payable in installments in accordance with the regular payroll schedule of the BankBank (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2016 and shall be maintained or increased (but not decreased) during the term hereof Term of this Agreement in accordance with the Employer's Company’s established management compensation policies and plans. Executive shall also be eligible for a performance bonus as described in paragraph Section 3(b) below.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars ($217,878) 152,000 payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars one hundred and ten thousand dollars ($217,878110,000.00) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2006 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars one hundred and ten thousand dollars ($217,878110,000) payable in installments in accordance with the regular payroll schedule of the BankEmployer (“Base Salary”). Such base salary Base Salary shall be subject to review annually commencing in 1997 2004 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's ’s established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Centrue Financial Corp)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars two hundred and fifty thousand dollars ($217,878250,000) payable in installments in accordance with the regular payroll schedule of the BankBank ("Base Salary"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2004 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Employment Agreement (Kankakee Bancorp Inc)

Base Compensation. The Executive shall receive an aggregate annual minimum base salary at the rate Base Salary of Two Hundred Seventeen Thousand Eight Hundred Seventy-eight Dollars hundred ninety thousand dollars ($217,878290,000) payable in installments in accordance with the regular payroll schedule of the BankBank ("BASE SALARY"). Such base salary Base Salary shall be subject to review annually commencing in 1997 2007 and shall be maintained or increased during the term hereof of this Agreement in accordance with the Employer's established management compensation policies and plans.

Appears in 1 contract

Sources: Merger Agreement (Centrue Financial Corp)