BASE SALARY; INCENTIVE COMPENSATION. The terms “Base Salary” and “Incentive Compensation” as defined in Sections 1.4 and 4.2(a), respectively, are hereby amended to reflect whatever Base Salary and Incentive Compensation that is determined by the Chief Executive Officer and approved by the Compensation Committee, from time to time; provided, however, that so long as the Executive performs his or her duties and obligations satisfactorily, neither the Base Salary nor the target percentage of Incentive Compensation shall be decreased, without the written consent of the Executive.
Appears in 5 contracts
Samples: Employment Agreement (Netbank Inc), Employment Agreement (Netbank Inc), Employment Agreement (Netbank Inc)
