Common use of ADJUSTMENTS TO COMPENSATION Clause in Contracts

ADJUSTMENTS TO COMPENSATION. (a) The Board of Directors of Employer ("Board"), or the Compensation Committee thereof, will review Employee's Base Wages no less than annually at which time it will determine increases to Employee's Base Wages.

Appears in 2 contracts

Samples: Employment Agreement (Hutchinson Products Corp), Employment Agreement (Hutchinson Products Corp)

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ADJUSTMENTS TO COMPENSATION. (a) The Board of Directors of Employer ("Board"), or the Compensation Committee thereofCommittee, will review Employee's Base Wages no less than annually at which time it will determine increases increases, if any, to Employee's Base Wages. Base Wages cannot be reduced except by mutual agreement between Employer and Employee.

Appears in 2 contracts

Samples: Employment Agreement (Hawk Corp), Employment Agreement (Hawk Corp)

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ADJUSTMENTS TO COMPENSATION. (a) The Board of Directors of Employer ("Board"), or the Compensation Committee thereofCommittee, will review Employee's ’s Base Wages no less than annually at which time it will determine increases increases, if any, to Employee's ’s Base Wages. Base Wages cannot be reduced except by mutual agreement between Employer and Employee.

Appears in 1 contract

Samples: Employment Agreement (Hawk Corp)

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