Common use of Annual Compensation Review Clause in Contracts

Annual Compensation Review. Notwithstanding anything herein to the contrary, Executive's compensation, consisting of salary, bonus and stock option grants, shall be reviewed annually by the CEO.

Appears in 9 contracts

Samples: Calpine Corporation Employment Agreement (Calpine Corp), Employment Agreement (Calpine Corp), Employment Agreement (Calpine Corp)

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Annual Compensation Review. Notwithstanding anything herein to the contrary, Executive's compensation, consisting of salary, bonus and stock option grants, shall be reviewed annually by the CEOExecutive Vice President and CFO.

Appears in 3 contracts

Samples: Calpine Corporation Employment Agreement (Calpine Corp), Employment Agreement (Calpine Corp), Calpine Corporation Employment Agreement (Calpine Corp)

Annual Compensation Review. Notwithstanding anything herein to the contrary, Executive's compensation, consisting of salary, bonus and stock option grants, shall be reviewed not less than annually by the CEOBoard. In order to assist the Board in accomplishing such review, the Company shall retain an independent executive compensation consultant to prepare a survey of the compensation of senior executives in positions similar to Executive.

Appears in 1 contract

Samples: Peter Cartwright Employment Agreement (Calpine Corp)

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Annual Compensation Review. Notwithstanding anything herein to the contrary, Executive's compensation, consisting of salary, bonus and stock option grants, shall be reviewed not less than annually by the CEOBoard of Directors.

Appears in 1 contract

Samples: Barry Gilbert Employment Agreement (Sharper Image Corp)

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