Common use of Annual Compensation Review Clause in Contracts

Annual Compensation Review. The Committee shall review the Employee's compensation at least once per year and shall make any increase to the Base Salary or award any bonus to the Employee that the Committee, in its sole and absolute discretion, determines is merited based upon the Employee's performance and is consistent with the Company's compensation policies. The Company shall pay any bonus to the Employee not later than March 15 of the year following the year in which the services upon which the bonus in based were performed.

Appears in 9 contracts

Samples: Employment Agreement (Wright Medical Group Inc), Employment Agreement (Wright Medical Group Inc), Employment Agreement (Wright Medical Group Inc)

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Annual Compensation Review. The Committee shall review the Employee's Executive’s compensation at least once per year and shall make any increase to the Base Salary or award any bonus to the Employee Executive that the Committee, in its sole and absolute discretion, determines is merited based upon the Employee's Executive’s performance and is consistent with the Company's ’s compensation policies. The Company shall pay any bonus to the Employee Executive not later than March 15 of the year following the year in which the services upon which the bonus in based were performed.

Appears in 1 contract

Samples: Employment Agreement (Wright Medical Group Inc)

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