Common use of Raises Clause in Contracts

Raises. Except for increases and bonuses based on term of service or regular promotion of employees, any granting of a salary increase to, or authorization or payment of bonuses or material increases in other benefits payable or to become payable under any bonus, insurance or other benefit plans to, employees, officers, directors or retirees of TBG or its Subsidiary;

Appears in 1 contract

Sources: Share Exchange Agreement (Coca Cola Bottling Group Southwest Inc)

Raises. Except for increases and bonuses based on term of service or regular promotion of employees, any granting of a salary increase to, or authorization or payment of bonuses or material increases in other benefits payable or to become payable under any bonus, insurance or other benefit plans to, employees, officers, directors or retirees of TBG CCBG or its any Subsidiary;

Appears in 1 contract

Sources: Merger Agreement (Coca Cola Bottling Group Southwest Inc)