Common use of Executive Compensation Clause in Contracts

Executive Compensation. The compensation of the Company's ---------------------- executive officers shall not increase during the three-year period following the Initial Preferred Closing without the approval of a majority of the independent members of the Board of Directors.

Appears in 1 contract

Samples: Agency Agreement (Healthwatch Inc)

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Executive Compensation. The Except as required pursuant to employment agreements existing as of the date hereof, the compensation of the Company's ---------------------- executive officers shall not increase during the threeone-year period following the Initial Preferred Closing without the approval of a majority of the independent members of the Board of Directors.

Appears in 1 contract

Samples: Agency Agreement (U S Wireless Data Inc)

Executive Compensation. The compensation of the Company's ---------------------- executive officers shall not increase during the three-year period following the Initial Preferred Closing without the approval of a majority of the independent members of the Board of DirectorsCompany's Board.

Appears in 1 contract

Samples: Agency Agreement (Infowave Software Inc)

Executive Compensation. The compensation of the Company's ---------------------- executive officers shall not increase during the three-year period following the Initial Preferred Closing without the approval of a majority the Compensation Committee of the independent members of the Company's Board of Directors.

Appears in 1 contract

Samples: Agency Agreement (Proxymed Inc /Ft Lauderdale/)

Executive Compensation. The compensation of the Company's ---------------------- executive officers shall not increase during the three-year period following the Initial Preferred Bridge Closing without the approval of a majority of the independent members of the Board of DirectorsCompany's Board.

Appears in 1 contract

Samples: Agency Agreement (Eb2b Commerce Inc /Ny/)

Executive Compensation. The compensation of the Company's ---------------------- executive officers shall not increase during the three-year period following the Initial Preferred Closing (other than as set forth in employment agreements in existence on the date hereof) without the approval of a majority of the independent members of the Board of Directors.

Appears in 1 contract

Samples: Agency Agreement (Dynamicweb Enterprises Inc)

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Executive Compensation. The compensation of the Company's ---------------------- ’s executive officers shall not increase during the three-1 year period following the Initial Preferred Closing without the approval of a majority of the independent disinterested members of the Board of DirectorsDirectors of the Company.

Appears in 1 contract

Samples: Placement Agent Agreement (Malibu Minerals Inc.)

Executive Compensation. The compensation of the Company's ---------------------- ’s or Newco’s executive officers shall not increase during the three-year period following the Initial Preferred Pre-Bridge Closing without the approval of a majority of the independent members of the Board of DirectorsBoard.

Appears in 1 contract

Samples: Magnetech Integrated Services Corp (Miscor Group, Ltd.)

Executive Compensation. The compensation of the Company's ---------------------- ’s executive officers shall not increase during the three-year period following the Initial Preferred Closing without the approval of a majority of the independent members of the Board of DirectorsBoard.

Appears in 1 contract

Samples: Magnetech Integrated Services (Miscor Group, Ltd.)

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