Common use of Annual Review of this Agreement Clause in Contracts

Annual Review of this Agreement. The terms and conditions contained in this Agreement shall be subject to annual review by the Board, representatives of whom shall consult with the Manager in the course of such review. The Board and Manager will negotiate in good faith any changes to the terms and conditions of this Agreement as are appropriate to reflect the value of the services of the Manager to the Company and the success of the Company in establishing and achieving business goals for the Company, provided however, that if the Board recommends an amendment that would constitute a material change in the remuneration or responsibilities of the Manager, with which the Manager does not agree and the Board persists in insisting on such amendment, the Manager will be entitled to treat such event as Termination Without Cause and the provisions of section 6.3 shall thereby apply effective as of the date of such amendment.

Annual Review of this Agreement. The terms and conditions contained in this Agreement shall be subject to annual review by the CEO and the Board, representatives of whom shall consult with the Manager Executive in the course of such review. The Board and Manager Executive will negotiate in good faith any changes to the terms and conditions of this Agreement as are appropriate to reflect the value of the services of the Manager Executive to the Company and the success of the Company in establishing and achieving business goals for the Company, provided however, that if the Board recommends an amendment that would constitute a material change in the remuneration or responsibilities of the ManagerExecutive, with which the Manager Executive does not agree and the Board persists in insisting on such amendment, the Manager Executive will be entitled to treat such event as Termination Without Cause and the provisions of section 6.3 7.3 shall thereby apply effective as of the date of such amendment.

Annual Review of this Agreement. The terms and conditions contained in this Agreement shall be subject to annual review by the Chairman of the Board and the Board, representatives of whom shall consult with the Manager Executive in the course of such review. The Board and Manager Executive will negotiate in good faith any changes to the terms and conditions of this Agreement as are appropriate to reflect the value of the services of the Manager Executive to the Company and the success of the Company in establishing and achieving business goals for the Company, provided however, that if the Board recommends an amendment that would constitute a material change in the remuneration or responsibilities of the ManagerExecutive, with which the Manager Executive does not agree and the Board persists in insisting on such amendment, the Manager Executive will be entitled to treat such event as Termination Without Cause and the provisions of section 6.3 7.3 shall thereby apply effective as of the date of such amendment.

Annual Review of this Agreement. The terms and conditions contained in this Agreement shall be subject to annual review by the Board, representatives of whom shall consult with the Manager Executive in the course of such review. The Board and Manager Executive will negotiate in good faith any changes to the terms and conditions of this Agreement as are appropriate to reflect the value of the services of the Manager Executive to the Company and the success of the Company in establishing and achieving business goals for the Company, provided however, that if the Board recommends an amendment that would constitute a material change in the remuneration or responsibilities of the ManagerExecutive, with which the Manager Executive does not agree and the Board persists in insisting on such amendment, the Manager Executive will be entitled to treat such event as Termination Without Cause and the provisions of section 6.3 shall thereby apply effective as of the date of such amendment.