Common use of Changes to Compensation Clause in Contracts

Changes to Compensation. The Executive’s compensation may be changed from time to time by mutual agreement of the Executive and the Company. In the event that the Executive’s base salary is materially decreased without his written consent, said decrease will be Good Reason for the Executive to terminate the Agreement as set forth in and subject to Section 4.5.2 of this Agreement.

Appears in 23 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co)

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Changes to Compensation. The Executive’s compensation may be changed from time to time by mutual agreement of the Executive and the Company. In the event that the Executive’s base salary is materially decreased without his her written consent, said decrease will be Good Reason for the Executive to terminate the Agreement as set forth in and subject to Section 4.5.2 of this Agreement.

Appears in 4 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Pharma PLC)

Changes to Compensation. The Executive’s compensation may be changed from time to time by mutual agreement of the Executive and the Company. In ; provided that in the event that the Executive’s base salary Base Salary or annual target Bonus opportunity is materially decreased without his written consent, said decrease will may be Good Reason for the Executive to terminate the Agreement as set forth in and subject to Section 4.5.2 of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Therapeutics Public LTD Co)

Changes to Compensation. The Executive’s compensation may be changed from time to time by mutual agreement of the Executive and the Company. In the event that the Executive’s base salary Base Salary is materially decreased without his written consent, said decrease will be Good Reason for the Executive to terminate the Agreement as set forth in and subject to Section 4.5.2 of this Agreement. Without limitation, Executive shall be entitled to participate in the Company sponsored 401k and Deferred Compensation plans and other compensation/benefit plans in which Executive now participates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement (Horizon Pharma PLC)

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Changes to Compensation. The Executive’s compensation may be changed from time to time by mutual agreement of the Executive and the Company. In the event that the Executive’s base salary Base Salary is materially decreased without his written consent, said decrease will be Good Reason for the Executive to terminate the Agreement as set forth in and subject to Section 4.5.2 of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Horizon Pharma PLC), Executive Employment Agreement (Horizon Pharma PLC)

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