Common use of Changes to Compensation Clause in Contracts

Changes to Compensation. Executive’s compensation will be reviewed at least on an annual basis and the Base Salary may be increased from time to time in the Company’s sole discretion. Executive’s Base Salary also may be reduced in connection with any Company-wide decrease in executive compensation.

Appears in 6 contracts

Samples: Employment Agreement (Coronado Biosciences Inc), Employment Agreement (Coronado Biosciences Inc), Employment Agreement (MetaStat, Inc.)

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Changes to Compensation. Executive’s compensation will be reviewed at least on an annual basis periodically and the Base Salary may be increased from time to time in the Company’s sole discretion. Executive’s Base Salary also may be reduced in connection with any Company-wide decrease in executive compensation.

Appears in 3 contracts

Samples: Employment Agreement (Coronado Biosciences Inc), Employment Agreement (Coronado Biosciences Inc), Employment Agreement (Coronado Biosciences Inc)

Changes to Compensation. As described above, Executive’s compensation will be reviewed at least on an annual basis and the Base Salary may be increased increased, but not decreased (except for a proportional decrease in connection with a Company-wide decrease in executive compensation, provided that the in no event shall Executive’s Base Salary be reduced to a rate below $425,000 on an annualized basis), from time to time in the Company’s sole discretion. Executive’s Base Salary also may be reduced in connection with any Company-wide decrease in executive compensation.

Appears in 1 contract

Samples: Employment Agreement (AzurRx BioPharma, Inc.)

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Changes to Compensation. Executive’s compensation will be reviewed at least on an annual basis and the Base Salary may be increased from time to time in the Company’s sole discretion. Executive’s Base Salary also may be reduced in connection with any Company-wide decrease in executive compensationcompensation provided the Base Salary does not fall below the annualized rate of One Hundred Seventy Five Thousand Dollars ($175,000).

Appears in 1 contract

Samples: Employment Agreement (MetaStat, Inc.)

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