Examples of Management Development and Compensation Committee in a sentence
This Plan shall be administered by the Management Development and Compensation Committee of the Board or such other committee of the Board as may be designated by the Board.
The decisions of the Management Development and Compensation Committee (the “Committee”) shall be conclusive upon any question arising hereunder.
Employee's base salary and performance shall be reviewed periodically at intervals approved by the Management Development and Compensation Committee of the Board of Directors of the Company (the "Committee"), and Employee's base salary may be increased from time to time based on merit or such other consideration as the Committee may deem appropriate.
After the end of the Performance Period, the Management Development and Compensation Committee (the “ Committee”) will determine whether and to what extent the Performance Goals have been met and the amount earned with respect to the Performance Units.
After the end of the Performance Period, the Management Development and Compensation Committee (the “ Committee”) will determine whether and to what extent the Performance Goals have been met and the amount, if any, earned with respect to the Performance Units.
Management also believes that the use of an adjusted effective tax rate provides improved insight into the tax effects of our ongoing business operations.Additionally, the Management Development and Compensation Committee of the company's Board of Directors has used certain of the non-GAAP financial measures when setting and assessing achievement of incentive compensation goals.
As compensation for the Executive’s services hereunder and in consideration of the Executive’s other agreements hereunder, during the Employment Term, the Company shall pay the Executive a base salary, payable in equal installments in accordance with Company payroll procedures, in an amount equal to Executive’s current base salary, subject to annual review by the Management Development and Compensation Committee (the “MDCC”) of the Company’s Board of Directors.
The Management Development and Compensation Committee shall have such other specific duties as shall be set forth in its Charter.
Awards granted to members of the Board shall be recommended to the full Board by the Management Development and Compensation Committee and approved by the full Board.
The Committee shall report all action by the Management Development and Compensation Committee to the Board of Directors at its meeting next succeeding such action, which (except as specifically reserved to the Management Development and Compensation Committee by statute or the Charter or these Bylaws) shall be subject to revision and alteration by the Board of Directors.