Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company or the Employer (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 or the Employer's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive's base compensation rate, at least annually: (i) commensurate with increases generally given to other executives of the Company or the Employer of comparable status and position to the Executive, and (ii) as the scope of the Company's or the Employer's operations or the Executive's duties expand.
Appears in 2 contracts
Samples: Key Executive Employment and Severance Agreement (Wisconsin Public Service Corp), Key Executive Employment and Severance Agreement (Wisconsin Public Service Corp)
Annual Compensation Adjustments. During the ------------------------------- Employment Period, the Board of Directors of the Company or the Employer (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 or the Employer's practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive's base compensation rate, at least annually:
, (i) commensurate with increases generally given to other executives of the Company or the Employer of comparable status and position to the Executive, and
and (ii) as the scope of the Company's or the Employer's operations or the Executive's duties expand.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (WPS Resources Corp)
Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company or the Employer (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 or the Employer'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 base compensation rate, at least annually:
(i) commensurate with increases generally given to other executives of the Company or the Employer of comparable status and position to the Executive, and
(ii) as the scope of the Company's ’s or the Employer's ’s operations or the Executive's ’s duties expand.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Integrys Energy Group, Inc.)
Annual Compensation Adjustments. During the Employment Period, the Board of Directors of the Company or the Employer (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 or the Employer'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 base compensation rate, at least annually:
, (i) commensurate with increases generally given to other executives of the Company or the Employer of comparable status and position to the Executive, and
and (ii) as the scope of the Company's ’s or the Employer's ’s operations or the Executive's ’s duties expand.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Integrys Energy Group, Inc.)
