Common use of ADJUSTMENTS IN BASE SALARY Clause in Contracts

ADJUSTMENTS IN BASE SALARY. On each October 1 during the Employment Term, the Base Salary shall be increased by that percentage, if any, by which the Consumer Price Index, Urban Wage Earners and Clerical Workers, for the New York City metropolitan area, published by the United States Government as of the month of September of such year exceeds such Index for the immediately preceding September.

Appears in 6 contracts

Samples: Employment Agreement (Par Pharmaceutical Companies, Inc.), Employment Agreement (Par Pharmaceutical Companies, Inc.), Employment Agreement (Pharmaceutical Resources Inc)

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ADJUSTMENTS IN BASE SALARY. On each October 1 during the Employment Term, the Base Salary shall be increased by that percentage, if any, by which the Consumer Price Index, Urban Wage Earners and Clerical Workers, for the New York City metropolitan area, published by the United States Government as of the month of September of such year year, exceeds such Index for the immediately preceding September.

Appears in 1 contract

Samples: Employment Agreement (Pharmaceutical Resources Inc)

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ADJUSTMENTS IN BASE SALARY. On each October 1 during the Employment TermPeriod (as defined below) or any extension thereof, the Base Salary shall be increased by that percentage, if any, by which the Consumer Price Index, Urban Wage Earners and Clerical Workers, for the New York City metropolitan area, published by the United States Government as of for the month of September of such year exceeds such Index for the immediately preceding September.

Appears in 1 contract

Samples: Employment Agreement (Pharmaceutical Resources Inc)

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