Common use of Annual Review of Compensation Clause in Contracts

Annual Review of Compensation. No later than the end of the second quarter of its fiscal year, Employer shall review Executive's performance under this Agreement and establish goals and objectives for Executive's performance for the next fiscal year. In such review, Employer, in its reasonable discretion, shall consider increasing Executive's Base Salary and other compensation based on relevant factors such as Executive's performance, Employer's accomplishments, increase or decrease in Executive's responsibilities, and cost of living increases. Any Base Salary increases normally are to be effective on such date as may be specified by Employer.

Annual Review of Compensation. No later than the end of the second fourth quarter of its fiscal calendar year, Employer shall review Executive's ’s performance under this Agreement and establish goals and objectives for Executive's ’s performance for the next fiscal calendar year. In such review, Employer, in its reasonable discretion, shall consider increasing Executive's ’s Base Salary and other compensation based on relevant factors such as Executive's ’s performance, Employer's ’s accomplishments, increase or decrease in Executive's ’s responsibilities, and cost of living increases. Any Base Salary increases normally are to be effective on such date as may be specified by Employer.

Annual Review of Compensation. No later than the end of the second quarter of its fiscal year, Employer shall review Executive's performance under this Agreement and establish goals and objectives for Executive's performance for the next fiscal year. In such review, Employer, in its reasonable discretion, shall consider increasing Executive's Base Salary and other compensation based on relevant factors such as Executive's performance, Employer's accomplishments, increase or decrease in Executive's responsibilities, and cost of living increases. Any Base Salary increases normally are to be effective on such date as may be specified by Employer.3

Annual Review of Compensation. No later than the end of the second quarter of its fiscal year, Employer shall review Executive's ’s performance under this Agreement and establish goals and objectives for Executive's ’s performance for the next fiscal year. In such review, Employer, in its reasonable discretion, shall consider increasing Executive's ’s Base Salary and other compensation based on relevant factors such as Executive's ’s performance, Employer's ’s accomplishments, increase or decrease in Executive's ’s responsibilities, and cost of living increases. Any Base Salary increases normally are to be effective on such date as may be specified by Employer.