Compensation During Consulting Period. In consideration of the services rendered by the Executive under this Agreement during the Consulting Period, the Company shall pay the Executive compensation (the "Consulting Compensation") at the rate of One Hundred Fifty Thousand Dollars ($150,000) per calendar year. The Consulting Compensation shall be paid in arrears in equal monthly installments.
Appears in 2 contracts
Sources: Executive Employment Agreement (Smith & Wollensky Restaurant Group Inc), Executive Employment Agreement (Smith & Wollensky Restaurant Group Inc)