Compensation Increase. CTI will not increase in any manner the --------------------- compensation or fringe benefits of any of its directors or officers, pay any pension or retirement allowance to any directors or officers, or become a party to, amend, or commit itself to any pension, retirement, profit-sharing, welfare benefit plan, or employment agreement with or for the benefit of any director or officer, other than general increases in the compensation of, and the payment of bonuses to, officers in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Buffton Corp), Asset Purchase Agreement (Buffton Corp)