Adjustment to Salary. Employee’s Salary may be changed from time to time by mutual agreement of the Employee and the Company. Any such agreement shall be evidenced by a written amendment of this Agreement and signed by both Parties.
Adjustment to Salary. Executive’s Salary will be reviewed at least annually and may be adjusted from time to time by the Compensation Committee or Board of Directors in their absolute discretion, the determination of which shall be based upon such standards, guidelines and factual circumstances as the Compensation Committee or Board of Directors deems relevant.
Adjustment to Salary. Within 30 days of the Effective Date, and within 30 days of each anniversary of the Effective Date during the Term, Executive and the Board of Directors shall meet and shall designate, in writing, milestones related to the Company’s performance which are to be achieved during the 12 month period following the Effective Date or the anniversary of the Effective Date. So long as the milestones are achieved, the Salary shall be increased in an amount to be designated by the Board of Directors but in no event shall such increase be less than 10%. Such increase shall take effect on the date that the Board of Directors determines that the milestones have been achieved, which date shall not be later than 12 months following the date that the milestones were established.
Adjustment to Salary. In the event that the amount of any payment of Contingent Consideration is reduced as a result of Annual XX Xxxxx Revenue being less than Target DO Gross Revenue pursuant to Section 1.3(d) of the Purchase Agreement, Employee’s Salary shall be reduced by the same percentage as the reduction in the payment of Contingent Consideration pursuant to the Purchase Agreement.
Adjustment to Salary. The Board of Directors shall review Executive's performance and the Company's financial and operating results on at least an annual basis and may in its sole discretion increase Executive's base salary as it deems appropriate based on such review.
Adjustment to Salary. Executive’s Salary may be changed from time to time by mutual agreement of the Executive and the Company. Any such agreement shall be evidenced by a written amendment of this Agreement and signed by both parties. The impact of the currency exchange rate on competitive salary level will be reviewed annually as a part of Executive’s standard review and taken into consideration when setting Executive’s annual salary.
Adjustment to Salary. Any teacher employed prior to January 1st of any school year will be given full credit for one (1) year of service when calculating salary increases.
