Common use of Base Salary Adjustment Clause in Contracts

Base Salary Adjustment. The Board will have the sole discretion to annually increase the Base Salary. The Board will not decrease the Base Salary unless the Executive agrees in advance to the proposed decrease.

Appears in 2 contracts

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/)

AutoNDA by SimpleDocs

Base Salary Adjustment. The Board will have the sole discretion to annually increase the Base Salary. It is expressly understood that the Company is under no obligation to change the Executive’s salary during the term of this Agreement. The Board will not decrease the Base Salary unless the Executive agrees in advance to the proposed decrease.

Appears in 1 contract

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/)

AutoNDA by SimpleDocs

Base Salary Adjustment. The Board will have the sole discretion to annually increase the Base Salary. It is expressly understood that the Company is under no obligation to change the Executive’s salary during the term of this Agreement The Board will not decrease the Base Salary unless the Executive agrees in advance to the proposed decrease.

Appears in 1 contract

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.