Common use of Annual Compensation Adjustments Clause in Contracts

Annual Compensation Adjustments. At least annually during the Employment Period, the Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, will consider and appraise the contributions of the Employee to the Company’s operating efficiency, growth, production and profits, and the Employee’s compensation rate shall be eligible for increase based upon Employee’s contributions to the Company and the increases provided to other corporate officers and key employees generally and as the scope and success of the Company’s operations or the Employee’s duties expand.

Appears in 4 contracts

Samples: Contingent Employment Agreement (Manitowoc Foodservice, Inc.), Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc)

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Annual Compensation Adjustments. At least annually during the Employment Period, the Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, will consider and appraise the contributions of the Employee to the Company’s 's operating efficiency, growth, production and profits, and the Employee’s 's compensation rate shall be eligible for increase based upon Employee’s contributions to the Company and the increases provided to other corporate officers and key employees generally and as the scope and success of the Company’s 's operations or the Employee’s 's duties expand.

Appears in 3 contracts

Samples: Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc)

Annual Compensation Adjustments. At least annually during the Employment Period, the Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, will consider and appraise the contributions of the Employee to the Company’s 's operating efficiency, growth, production and profits, at least annually during the Employment Period, and the Employee’s 's compensation rate shall be eligible for increase based upon Employee’s contributions annually adjusted upward to the Company and the be commensurate with increases provided given to other corporate officers and key employees generally and as the scope and success of the Company’s 's operations or the Employee’s 's duties expand.

Appears in 2 contracts

Samples: Contingent Employment Agreement (Manitowoc Co Inc), Contingent Employment Agreement (Manitowoc Co Inc)

Annual Compensation Adjustments. At least annually during the Employment Period, the The Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, thereof will consider and appraise the contributions of the Employee to the Company’s 's operating efficiency, growth, production and profits, at least annually during the Employment Period, and in accordance with past practice, the Employee’s compensation rate 's Base Salary shall be eligible for increase based upon Employee’s contributions annually adjusted upward to the Company and the be commensurate with increases provided given to other corporate officers and key employees generally and as the scope and success of the Company’s 's operations or the Employee’s 's duties expand.

Appears in 1 contract

Samples: Employment Agreement (Duramed Pharmaceuticals Inc)

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Annual Compensation Adjustments. At least annually during the Employment Period, the The Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, thereof will consider and appraise the contributions of the Employee to the Company’s 's operating efficiency, growth, production and profits, at least annually during the Employment Period, and in accordance with past practice, the Employee’s 's compensation rate shall be eligible for increase based upon Employee’s contributions annually adjusted upward to the Company and the be commensurate with increases provided given to other corporate officers and key employees generally and as the scope and success of the Company’s 's operations or the Employee’s 's duties expand.

Appears in 1 contract

Samples: Employment Agreement (Duramed Pharmaceuticals Inc)

Annual Compensation Adjustments. At least annually during the Employment Period, the Board of Directors of the Company or an appropriate committee thereof, in accordance with past practice, will consider and appraise the contributions of the Employee to the Company’s 's operating efficiency, growth, production and profits, and the Employee’s 's compensation rate shall be eligible for increase based upon Employee’s contributions to the Company and the increases provided to other corporate officers and key employees generally and as the scope and success of the Company’s 's operations or the Employee’s 's duties expand. 5.

Appears in 1 contract

Samples: www.sec.gov

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