Common use of Increase in Base Salary Clause in Contracts

Increase in Base Salary. Immediately following the first fiscal quarter in which the Company shall have achieved revenues in excess of $1,250,000, the Base Salary shall be increased to the rate of $75,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $2,500,000, the Base Salary shall be increased to the rate of $100,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $3,750,000, the Base Salary shall be increased to the rate of $120,000 per annum.

Increase in Base Salary. Immediately following the first fiscal quarter in which the Company shall have achieved revenues in excess of $1,250,000, the Base Salary shall be increased to the rate of $75,000 125,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $2,500,000, the Base Salary shall be increased to the rate of $100,000 150,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $3,750,000, the Base Salary shall be increased to the rate of $120,000 200,000 per annum.

Increase in Base Salary. Immediately following the first fiscal quarter in which the Company shall have achieved annualized revenues in excess of $1,250,0005,000,000, the Base Salary shall be increased to the rate of $75,000 400,000 per annum. Immediately following the first fiscal quarter in which the Company shall have achieved annualized revenues in excess of $2,500,00010,000,000, the Base Salary shall be increased to the rate of $100,000 per annum. Immediately following the first quarter in which the Company shall have achieved revenues in excess of $3,750,000, the Base Salary shall be increased to the rate of $120,000 500,000 per annum.