Compensation Reduction. Any reduction in Executive’s Base Salary or Target Bonus opportunity which is not comparable to reductions in the base salary or target bonus opportunity of other similarly situated executives of the Company;
Appears in 5 contracts
Samples: Employment Agreement (Bausch & Lomb Corp), Employment Agreement (Bausch & Lomb Corp), Employment Agreement (Bausch & Lomb Corp)
Compensation Reduction. Any material reduction in Executive’s Base Salary or Target Bonus opportunity which is not comparable to reductions Opportunity; provided, that a general reduction in the base salary salaries or target bonus opportunity of other similarly situated executives opportunities that applies to each of the Company;’s senior executives in substantially the same proportions shall not constitute Good Reason; or
Appears in 3 contracts
Samples: Employment Agreement (Townsquare Media, Inc.), Employment Agreement (Townsquare Media, Inc.), Employment Agreement (Townsquare Media, Inc.)
Compensation Reduction. Any reduction in Executive’s Base Salary or Target Bonus opportunity which is not comparable to reductions in the base salary or target bonus opportunity of other similarly situated senior executives of the Company;
Appears in 1 contract
Samples: Employment Agreement (Valeant Pharmaceuticals International, Inc.)
Compensation Reduction. Any reduction in Executive’s Base Salary or Target Bonus opportunity which is not comparable to reductions in the base salary or target bonus opportunity of other similarly situated senior executives of the Company;
Appears in 1 contract
Samples: Employment Agreement (Bausch Health Companies Inc.)
Compensation Reduction. Any reduction in Executive’s Base Salary or Target Bonus opportunity which is not comparable to reductions in the base salary or target bonus opportunity of other similarly situated senior executives of the Company;; or
Appears in 1 contract
Samples: Employment Agreement (Valeant Pharmaceuticals International, Inc.)
