Common use of Changes to Compensation Clause in Contracts

Changes to Compensation. The Executive’s compensation shall be reviewed from time to time by the Board or the Compensation Committee thereof as it deems appropriate and may be increased at any time by the Board or the Compensation Committee thereof or may be reduced only upon mutual written agreement between the Executive and the Board or the Compensation Committee thereof.

Appears in 7 contracts

Sources: Employment Agreement (TorreyPines Therapeutics, Inc.), Employment Agreement (TorreyPines Therapeutics, Inc.), Employment Agreement (TorreyPines Therapeutics, Inc.)

Changes to Compensation. The Executive’s compensation shall be reviewed from time to time by the Board or the Compensation Committee thereof as it deems appropriate and may be increased at any time by the Board or the Compensation Committee thereof or may be reduced only changed upon mutual written agreement between the Executive and the Board or the Compensation Committee thereof.

Appears in 5 contracts

Sources: Employment Agreement (K2 Inc), Employment Agreement (K2 Inc), Employment Agreement (K2 Inc)

Changes to Compensation. The Executive’s compensation shall be reviewed from time to time by the Board or the Compensation Committee thereof as it deems appropriate and may be increased at any time by the Board or the Compensation Committee thereof or thereof; however, the Executive’s base salary may be reduced and then only prospectively upon mutual written agreement between the Executive and the Board or the Compensation Committee thereof.

Appears in 1 contract

Sources: Employment Agreement (Novadel Pharma Inc)

Changes to Compensation. The Executive’s compensation shall be reviewed from time to time by the Board or President and Chief Executive Officer, and approved by the Compensation Committee thereof as it deems appropriate and may be increased at any time by the Board or President and Chief Executive Officer, and approved by the Compensation Committee thereof or thereof; however, the Executive’s base salary may be reduced and then only prospectively upon mutual written agreement between the Executive and the Board or President and Chief Executive Officer, and approved by the Compensation Committee thereof. .

Appears in 1 contract

Sources: Employment Agreement (Novadel Pharma Inc)