Common use of Annual Review Clause in Contracts

Annual Review. The Board of Directors shall, at least annually, review the Executive's entire compensation package to determine if it should be increased (but not decreased) in order for it to continue to meet the Company's compensation objectives.

Appears in 24 contracts

Sources: Employment Agreement (Annaly Mortgage Management Inc), Employment Agreement (Annaly Mortgage Management Inc), Employment Agreement (Annaly Capital Management Inc)

Annual Review. The Board of Directors shall, at least annually, review the Executive's ’s entire compensation package to determine if it should be increased (but not decreased) in order for it to continue to meet the Company's ’s compensation objectives.

Appears in 2 contracts

Sources: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc)