WFBC » Topics » Base Salary.

These excerpts taken from the WFBC 8-K filed Sep 1, 2005.
Base Salary.  The Employers shall compensate and pay the Executive for his services during the term of this Agreement at a minimum base salary of $174,750 per year (“Base Salary”), which may be increased from time to time in such amounts as may be determined by the Board of Directors of the Employers and may not be decreased without the Executive’s express written consent.  In addition to his Base Salary, the Executive shall be entitled to receive during the term of this Agreement such bonus payments as may be determined by the Boards of Directors of the Employers.

 

(b)                                

Base Salary.  The Employers shall compensate and pay the Executive for her services during the term of this Agreement at a minimum base salary of $300,000 per year (“Base Salary”), which may be increased from time to time in such amounts as may be determined by the Boards of Directors of the Employers and may not be decreased without the Executive’s express written consent.  In addition to her Base Salary, the Executive shall be entitled to receive during the term of this Agreement such bonus payments as may be determined by the Boards of Directors of the Employers.

 

(b)                                

These excerpts taken from the WFBC 8-K filed Jan 26, 2005.
Base Salary.  The Employer shall compensate and pay the Executive for his services during the term of this Agreement at a minimum base salary of $174,250 per year (“Base Salary”), which may be increased from time to time in such amounts as may be determined by the Board of Directors of the Employer and may not be decreased without the Executive’s express written consent.  In addition to his Base Salary, the Executive shall be entitled to receive during the term of this Agreement such bonus payments as may be determined by the Board of Directors of the Employer.

 

(b)                                

Base Salary.  The Employers shall compensate and pay the Executive for her services during the term of this Agreement at a minimum base salary of $300,000 per year (“Base Salary”), which may be increased from time to time in such amounts as may be determined by the Boards of Directors of the Employers and may not be decreased without the Executive’s express written consent.  In addition to her Base Salary, the Executive shall be entitled to receive during the term of this Agreement such bonus payments as may be determined by the Boards of Directors of the Employers.

 

(b)                                

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