Common use of Annual Compensation Adjustments Clause in Contracts

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

Appears in 24 contracts

Samples: Key Executive Employment and Severance Agreement, Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement

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Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the CompanyEmployer, and in accordance with the Company’s 's practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives of the Company and its Affiliates of comparable status and position to the Executive, and (bii) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 12 contracts

Samples: Executive Employment and Severance Agreement (Hein Werner Corp), Key Executive Employment and Severance Agreement (Badger Meter Inc), Executive Employment and Severance Agreement (Hein Werner Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company Employer of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

Appears in 12 contracts

Samples: Key Executive Employment and Severance Agreement (nVent Electric PLC), Key Executive Employment and Severance Agreement (PENTAIR PLC), Key Executive Employment and Severance Agreement (PENTAIR PLC)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee or delegatee thereof) will consider and appraise, at least annually, the contributions of the Executive Employee to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the ExecutiveEmployee’s Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives employees of the Company of comparable status and position to the ExecutiveEmployee, and (bii) as the scope of the Company’s operations or the ExecutiveEmployee’s duties expand.

Appears in 8 contracts

Samples: Key Executive Employment and Severance Agreement (Alliant Energy Corp), Key Executive Employment and Severance Agreement (Alliant Energy Corp), Key Executive Employment and Severance Agreement (Interstate Power & Light Co)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the CompanyEmployer, and in accordance with the Company’s practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s Annual Base Salary, at least annually, Salary (ai) commensurate with increases generally given to other executives of the Company and its Affiliates of comparable status and position to the Executive, and (bii) as the scope of the Company’s operations or the Executive’s duties expand.

Appears in 8 contracts

Samples: Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company Employer (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the CompanyEmployer, and in accordance with the CompanyEmployer’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company Employer of comparable status and position to the Executive, and (b) as the scope of the CompanyEmployer’s operations or the Executive’s duties expand.

Appears in 6 contracts

Samples: Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc), Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc), Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 6 contracts

Samples: Key Executive Employment and Severance Agreement (Pentair Inc), Key Executive Employment and Severance Agreement (Regal Beloit Corp), Key Executive Employment and Severance Agreement (Regal Beloit Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the CompanyEmployer, and in accordance with the Company’s 's practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given at least annually, to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives of the Company Employer of comparable status and position to the Executive, and (bii) as the scope of the Company’s Employer's operations or the Executive’s 's duties expand.

Appears in 4 contracts

Samples: Executive Employment and Severance Agreement (Banta Corp), Key Executive Employment and Severance Agreement (Banta Corp), Key Executive Employment and Severance Agreement (Banta Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s Annual Base Salary, at least annually, Salary (ai) commensurate with increases generally given to other executives of the Company and its Affiliates of comparable status and position to the Executive, and (bii) as the scope of the Company’s operations or the Executive’s duties expand.

Appears in 4 contracts

Samples: Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Corp), Executive Employment and Severance Agreement (Oshkosh Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (bii) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 3 contracts

Samples: Key Executive Employment and Severance Agreement (Wisconsin Power & Light Co), Key Executive Employment and Severance Agreement (Wisconsin Power & Light Co), Key Executive Employment and Severance Agreement (Wisconsin Power & Light Co)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s Annual Base Salary, at least annually, Salary (ai) commensurate with increases generally given to other executives of the Company and its Affiliates of comparable status and position to the Executive, and (bii) as the scope of the Company’s operations or the Executive’s duties expand.

Appears in 3 contracts

Samples: Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc), Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc), Key Executive Employment and Severance Agreement (Midwest Air Group Inc)

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Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary's base compensation rate, at least annually, (ai) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (bii) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Abr Information Services Inc), Key Executive Employment and Severance Agreement (Abr Information Services Inc)

Annual Compensation Adjustments. During the Employment Period, ------------------------------- the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary's base compensation rate, at least annually, (ai) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (bii) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Giddings & Lewis Inc /Wi/)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the CompanyEmployer, and in accordance with the Company’s 's practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives of the Company Employer of comparable status and position to the Executive, and (bii) as the scope of the Company’s Employer's operations or the Executive’s 's duties expand.

Appears in 1 contract

Samples: Executive Employment and Severance Agreement (Banta Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s 's practice prior to the Change in Control of the CompanyEffective Date, due consideration shall be given given, at least annually, to the upward adjustment of the Executive’s 's Annual Base Salary, at least annually, (ai) commensurate with increases generally given to other executives of the Company and its Affiliates of comparable status and position to the Executive, and (bii) as the scope of the Company’s 's operations or the Executive’s 's duties expand.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Oshkosh Truck Corp)

Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, Bonus Target, and annual incentive grants, at least annually, (a) commensurate with increases generally given to other executives of the Company Employer of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.. ​ ​ ​

Appears in 1 contract

Samples: Change in Control Employment and Severance Agreement (Mayville Engineering Company, Inc.)

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