Common use of Increased Compensation Clause in Contracts

Increased Compensation. Any increase in the rate or terms of ---------------------- compensation payable or to become payable by the Company to its directors, officers or key employees; any increase in the rate or terms of any bonus, insurance, pension or other employee benefit plan, payment or arrangement made to, for or with any such directors, officers or key employees; any special bonus or remuneration paid; or any written employment contract executed or amended;

Appears in 1 contract

Sources: Stock Purchase Agreement (Pacific Aerospace & Electronics Inc)

Increased Compensation. Any Except in the ordinary course of ---------------------- business in accordance with past practices, (i) any increase in the rate or terms of ---------------------- compensation payable or to become payable by the Company Seller to its directors, officers or key employees; (ii) any increase in the rate or terms of any bonus, insurance, pension or other employee benefit plan, payment or arrangement made to, for or with any such directors, officers or key employees; (iii) any special bonus or remuneration paid; or (iv) any written employment contract executed or amended;

Appears in 1 contract

Sources: Asset Purchase Agreement (Pacific Aerospace & Electronics Inc)