Common use of Annual Increases Clause in Contracts

Annual Increases. On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

Appears in 9 contracts

Samples: Employment Agreement (Stater Bros Holdings Inc), Employment Agreement (Stater Bros Holdings Inc), Employment Agreement (Stater Bros Holdings Inc)

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Annual Increases. On each anniversary of Employee's ’s termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Stater Bros Holdings Inc), Employment Agreement (Stater Bros. Markets)

Annual Increases. On each anniversary of Employee's termination from of employment, any remaining amounts to be paid during the next year pursuant to this Paragraph Section 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

Appears in 1 contract

Samples: Employment Agreement (Stater Bros Holdings Inc)

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Annual Increases. On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.ten

Appears in 1 contract

Samples: Employment Agreement (Stater Bros Holdings Inc)

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