Annual Salary Increase Sample Clauses

Annual Salary Increase. Executive's salary shall be reviewed at least once annually and may be increased upon recommendation of the Compensation Committee and ratification of the Board.
AutoNDA by SimpleDocs
Annual Salary Increase. On January 1 of each year, commencing January 1, 1999, the Base Salary shall be increased by five percent (5%) of the Base Salary for the immediately prior year or such greater increase as may be deemed appropriate by the Managers of the Subsidiaries, in their sole discretion.
Annual Salary Increase. Any Employee will be eligible for an annual salary increase on July 1. The rate of pay for an Employee working a summer position will remain at the same rate for the entire summer period.
Annual Salary Increase. Executive’s Base Salary shall be subject to review annually by the Board and/or the Compensation Committee and may be increased but not decreased.
Annual Salary Increase. In the event that the term of this Agreement is automatically extended pursuant to Section 2, the Base Salary then in effect shall be increased by five percent (5%) of the Base Salary for the immediately prior year or such greater increase as may be deemed appropriate by the Board, in its sole discretion.
Annual Salary Increase. The Employee shall be eligible for salary increases at least once annually as determined by the Compensation Committee of the Board. Such salary increase shall be based a review of the overall performance of the Employer as well as the performance of the Employee during the preceding twelve (12)-month period, as determined by the Compensation Committee of the Board, with input from the CEO.
Annual Salary Increase. The Base Salary shall increase at an annual rate of ten percent (10%) of the Base Salary in effect for the year immediately preceding such increase. Executive’s Base Salary shall be subject to review annually by the Board and/or the Compensation Committee and may be greater increased but not decreased.
AutoNDA by SimpleDocs
Annual Salary Increase. On each anniversary of the effective ---------------------- date of this Agreement, the Employee shall receive an increase of no less than six (6) percent of his annual base salary.
Annual Salary Increase. The hourly salary of each Association member will be increased by the percentage indicated below on the identified effective date: Effective Date Percentage 7/1/2022 3.95% 7/1/2023 3.76% 7/1/2024 3.54%
Annual Salary Increase. Annual salaries for teachers shall be based on a 180-workday calendar adopted by the Board. Teachers not participating in the retirement plan will receive the following annual increases over their prior year’s base salary for the duration of this Agreement: 2023-2024: 4.5% 2024-2025: 4.5% 2025-2026: 4.5% 2026-2027: 4.5%
Time is Money Join Law Insider Premium to draft better contracts faster.