Raises. Vice President may receive periodic increases in the base salary at the discretion of the Chief Executive Officer of the Company, which increased base salary shall become the base salary for purposes of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Cano Petroleum, Inc), Employment Agreement (Resaca Exploitation, Inc.)
Raises. Vice President may receive periodic increases in the base salary at the discretion recommendation of the Chief Executive Officer and the approval Board of Directors of the Company, which increased base salary shall become the base salary for purposes of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Cano Petroleum, Inc), Employment Agreement (Resaca Exploitation, Inc.)
Raises. Vice President may receive periodic increases in the base salary at the discretion of the Chief Executive Officer Board of Directors of the Company, which increased base salary shall become the base salary for purposes of this Agreement. Except as specifically amended, altered, modified and changed hereby and heretofore, the Agreement remains in full force and effect as originally written.
Appears in 2 contracts
Samples: Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Cano Petroleum, Inc)
Raises. Vice President may receive periodic increases in the base salary at the discretion of the Chief Executive Officer Board of Directors of the Company, which increased base salary shall become the base salary for purposes of this Agreement.
Appears in 1 contract
Raises. Senior Vice President may receive periodic increases in the base salary at the discretion of the Chief Executive Officer Board of Directors of the Company, which increased base salary shall become the base salary for purposes of this Agreement.
Appears in 1 contract
