Common use of Annual Review Clause in Contracts

Annual Review. The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 28 contracts

Samples: Change in Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp), In Control Agreement (Valley National Bancorp)

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Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive him additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 27 contracts

Samples: Employment Agreement (Peapack Gladstone Financial Corp), Control Severance and Employment Agreement (Hubco Inc), Employment Agreement (Peapack Gladstone Financial Corp)

Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive him additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 20 contracts

Samples: Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp), Employment Agreement (Valley National Bancorp)

Annual Review. The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive him additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors. 5.

Appears in 12 contracts

Samples: Change in Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp)

Annual Review. The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive him additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 11 contracts

Samples: Change in Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp), Change in Control Agreement (Valley National Bancorp)

Annual Review. The Board of Directors of the Company during ------------- the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive him additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 5 contracts

Samples: Control Agreement (Peapack Gladstone Financial Corp), Employment Agreement (Peapack Gladstone Financial Corp), Control Agreement (Peapack Gladstone Financial Corp)

Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive her additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 4 contracts

Samples: Control Severance and Employment Agreement (Hubco Inc), Control Severance and Employment Agreement (Hubco Inc), Severance and Employment Agreement (Hudson United Bancorp)

Annual Review. The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors. 5.

Appears in 3 contracts

Samples: Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp), Control Agreement (Valley National Bancorp)

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Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive him additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, if appropriate, all as determined in the discretion of the Board of Directors.

Appears in 2 contracts

Samples: Control Agreement (Peapack Gladstone Financial Corp), Employment Agreement (Peapack Gladstone Financial Corp)

Annual Review. The Board of Directors of the Company during the ------------- Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive additional him compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors; provided, however, that the Executive's compensation shall not be reduced pursuant to any such review or otherwise.

Appears in 1 contract

Samples: Control Severance and Employment Agreement (Lakeland Bancorp Inc)

Annual Review. The Board of Directors of the Company ------------- during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive him additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 1 contract

Samples: Control Agreement (Valley National Bancorp)

Annual Review. The Board of Directors of the Company during -------------- the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s 's compensation and shall award the Executive him/her additional compensation to reflect the Executive’s 's performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 1 contract

Samples: Control Agreement (Peapack Gladstone Financial Corp)

Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Valley National Bancorp)

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