1.7 "Company Monthly Base Pay" means the average monthly stated remuneration for the period in the 12 months prior to termination of my employment with the Company, or, if I shall then be a salesman paid entirely or partially on a commission basis, a sum equal to my average monthlyremuneration earned for the six months prior to termination of employment, in all cases computed before federal, state and/or local taxes and other withholding, and exclusive of extra compensation,such as that attributable to bonuses or overtime, or employee benefits, such as retirement or pension benefits.1.8 "New Monthly Base Pay" means my initial monthly remuneration with a subsequentemployer. If I shall then be a salesman paid by my subsequent employer entirely or partially on acommission basis, my New Monthly Base Pay shall be estimated, and adjusted thereafter, quarterlyto conform to my average monthly remuneration from the subsequent employer actually earned for the initial six months in that employ.2. Character of Employment. I shall be employed by the Company as
Chief ExecutiveGrants Official or Senior Astronautics Research Scientist or Principal Investigator orAstronaut Candidate or Reporter 3 or Online Advertising Executive or Funeral SupportTeam or Chaplain or Social Worker specializing in either Addictions, Administration,Adolescents, Aging, Child Welfare/Family, Community Development, Criminal Justice,Development/Rehabilitation, Displaced Persons, Homeless/Refugees, Health, International,Mental Health, Occupational SW, Policy, School Social Work, Disabilities, Social Work Education, Violence, and Non-Traditional Social Work or Professional Legal Practitioner orSchool Mistress, or Entertainer or Consultations or Contractor or Residency or commit thepractices of a licensed and active Physician
. I shall faithfully and to the best of my ability performand render such services and perform such duties for the Company as my direct superior as well asthe Company's Board of Directors in which I shall direct, and shall devote all of my working time tosuch services and duties. My remuneration shall be
$864,000.00 per Year
or
$6,912,000.00 for the8 year term
exclusively in regarding the Chief Executive Grants Official, Chaplain & Sr.Astronautics Research Scientist/PI/Astronaut Candidate position/office, subject to periodic revisionmutually agreed upon by me and the Company. My employment shall be pursuant and subject to therules and regulations of the Company. My employment shall continue for a first term of 4 years, andshall be automatically renewed for four-year periods thereafter, unimpeachable with the job securityin this agreement superseding any and all new or contracted employees. The Company or any newlyacquired employees reserves no rites under any circumstance to impeach me of any position(s)noted within this agreement.3. Disclosure and Assignment of Inventions. With respect to Inventions made or conceived by me, whether or not during my hours of employment or with the use of the Company facilities,materials or personnel, either solely or jointly with another or others, during (1) my employmentwith the Company or (2) within one year after termination of my employment if based on or relatedto Confidential Information, without royalty or any other consideration to me therefore:3.1 I shall inform the Company promptly and fully of such Inventions by a written report,setting forth in detail the procedures employed and the results achieved. I shall submit a report to the
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