Adjustment of Salary. As promptly as practicable after the conclusion of each of the Company's fiscal years during the term of the Executive's employment hereunder, commencing at the conclusion of the Company's fiscal year ending December 31, 2006, the certified public accountants regularly retained by the Company shall determine the increase or decrease, if any, in the cost of living, using as the basis of such computation the then current applicable Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor (the "Index"). Any such increase or decrease shall be computed as follows:
Appears in 4 contracts
Samples: Employment Agreement (Cord Blood America, Inc.), Employment Agreement (Last Mile Logistics Group, Inc.), Employment Agreement (Last Mile Logistics Group, Inc.)
Adjustment of Salary. As promptly as practicable after the conclusion of each of the Company's fiscal years during the term of the Executive's employment hereunder, commencing at the conclusion of the Company's fiscal year ending December 31, 20062007, the certified public accountants regularly retained by the Company shall determine the increase or decrease, if any, in the cost of living, using as the basis of such computation the then current applicable Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor (the "Index"). Any such increase or decrease shall be computed as follows:
Appears in 2 contracts
Samples: Employment Agreement (Cord Blood America, Inc.), Employment Agreement (Cord Blood America, Inc.)
