Common use of Certain Amendments Clause in Contracts

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in Sections 3(b) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel.

Appears in 2 contracts

Sources: Executive Employment Agreement (Mattel Inc /De/), Executive Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to have the opportunity to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel).

Appears in 2 contracts

Sources: Employment Agreement (Mattel Inc /De/), Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to ------------------ prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in Sections 3(b) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel.

Appears in 1 contract

Sources: Executive Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to receive compensation and benefits consistent with Sections 3(b4(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattelg).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in Sections 3(b) through (h) so long as such actions do it does not result in a material diminution of the compensation set forth in the aggregate value of such compensation and benefitsSECTION 3(a) or, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel, a diminution in the aggregate of the compensation and benefits set forth in SECTIONS 3(b) through (h).

Appears in 1 contract

Sources: Employment Agreement (Learning Co Inc)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattelk).

Appears in 1 contract

Sources: Executive Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to have the opportunity to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattelg).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattelk).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in Sections 3(b3(a) through (h) ), so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel.

Appears in 1 contract

Sources: Executive Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to have the opportunity to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Matteli).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to have the opportunity to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in so long as the Executive continues to have the opportunity to receive compensation and benefits consistent with Sections 3(b3(a) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattelg).

Appears in 1 contract

Sources: Employment Agreement (Mattel Inc /De/)

Certain Amendments. Nothing herein shall be construed to prevent ------------------ Mattel from amending, altering, eliminating or reducing any plans, benefits or programs set forth in Sections 3(b) through (h) so long as such actions do not result in a material diminution in the aggregate value of such compensation and benefits, except for across-the-board compensation and benefit reductions to which the Executive agrees and which affect all similarly situated executives of Mattel.

Appears in 1 contract

Sources: Executive Employment Agreement (Mattel Inc /De/)