Common use of Commencing on the Effective Date Clause in Contracts

Commencing on the Effective Date. the Companies will pay Employee a minimum base annual salary during the term of this Agreement for his services as an officer of $121,000.00, which shall be payable in accordance with the Companies' standard payroll practice, but not less than monthly. Such base salary shall not include any benefits made available to Employee or any contributions or payments made on his behalf pursuant to any employee benefit plan or program of the Companies, including any health, disability or life insurance plan or program, 401-K plan, cash bonus plan, stock incentive plan, retirement plan or similar plan or program of any nature. The Companies shall review Employee's salary on a semi-annual basis, and shall increase the annual salary of Employee from time to time as may be warranted in accordance with the Companies' compensation policies. ANS shall have no separate salary obligation to Employee.

Commencing on the Effective Date. the Companies will pay Employee a minimum base annual salary during the term of this Agreement for his services as an officer of $121,000.00200,000.00, which shall be payable in accordance with the Companies' standard payroll practice, but not less than monthly. Such base salary shall not include any benefits made available to Employee or any contributions or payments made on his behalf pursuant to any employee benefit plan or program of the Companies, including any health, disability or life insurance plan or program, 401-K plan, cash bonus plan, stock incentive plan, retirement plan or similar plan or program of any nature. The Companies shall review Employee's salary on a semi-annual basis, and shall increase the annual salary of Employee from time to time as may be warranted in accordance with the Companies' compensation policies. ANS shall have no separate salary obligation to Employee.

Commencing on the Effective Date. the Companies will pay Employee a minimum base annual salary during the term of this Agreement for his services as an officer of $121,000.00145,000.00, which shall be payable in accordance with the Companies' standard payroll practice, but not less than monthly. Such base salary shall not include any benefits made available to Employee or any contributions or payments made on his behalf pursuant to any employee benefit plan or program of the Companies, including any health, disability or life insurance plan or program, 401-K plan, cash bonus plan, stock incentive plan, retirement plan or similar plan or program of any nature. The Companies shall review Employee's salary on a semi-annual basis, and shall increase the annual salary of Employee from time to time as may be warranted in accordance with the Companies' compensation policies. ANS shall have no separate salary obligation to Employee.