Common use of Changes to Compensation Clause in Contracts

Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s right to terminate this Agreement Without Cause or for Good Reason, as provided and defined below in Paragraph 9, as may be applicable.

Appears in 10 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

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Changes to Compensation. Notwithstanding anything contained herein Subject to Section 10 below, the contraryCompany reserves the right to, and Executive acknowledges agrees that the Company specifically reserves the right to may, make changes to Executive’s compensation from time to time in its the Company’s sole discretion discretion, including, but not limited to, modifying or eliminating a compensation component. The Parties agree ; provided, however, that such changes Executive shall be deemed effective immediately and an approved modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s right shall remain entitled to terminate this Agreement Without Cause or for Good Reason, participate in all benefit plans and programs maintained by the Company in its sole discretion from time to time on the same basis as provided and defined below in Paragraph 9, as may be applicableother peer-level officers.

Appears in 7 contracts

Samples: Employment Agreement (Hillenbrand, Inc.), Employment Agreement (Hillenbrand, Inc.), Employment Agreement (Hillenbrand, Inc.)

Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved a modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s his right to terminate this Agreement Without Cause without cause or for Good Reason,” in the event Executive is not treated in a manner that is commensurate with the treatment of other senior executives of the Company, if applicable, as provided and defined below in Paragraph 9, as may be applicableParagraphs Nos. 9 and 11.

Appears in 4 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved a modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s his right to terminate this Agreement Without Cause without cause or for Good Reason, ,” as provided and defined below in Paragraph 9, as may be applicableParagraphs 9 and 11.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hill-Rom Holdings, Inc.)

Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved a modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s his right to terminate this Agreement Without Cause without cause or for Good Reason, as provided and defined below in Paragraph 9, as may be applicableNo. 11.

Appears in 2 contracts

Samples: Employment Agreement (Hill-Rom Holdings, Inc.), Employment Agreement (Hillenbrand Industries Inc)

Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved a modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s her right to terminate this Agreement Without Cause without cause or for Good Reason, ,” as provided and defined below in Paragraph 9, as may be applicableParagraphs 9 and 11.

Appears in 1 contract

Samples: Employment Agreement (Hill-Rom Holdings, Inc.)

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Changes to Compensation. Notwithstanding anything contained herein to the contrary, Executive acknowledges that the Company specifically reserves the right to make changes to Executive’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and an approved a modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s his right to terminate this Agreement Without Cause without cause or for Good Reason” in the event Executive is not treated in a manner that is commensurate with the treatment of other senior executives of the Company, if applicable, as provided and defined below in Paragraph 9, as may be applicableParagraphs Nos. 9 and 11.

Appears in 1 contract

Samples: Employment Agreement (Hill-Rom Holdings, Inc.)

Changes to Compensation. Notwithstanding anything contained herein Subject to paragraph 10 below, the contraryCompany reserves the right to, and Executive acknowledges agrees that the Company specifically reserves the right to may, make changes to Executive’s compensation from time to time in its the Company’s sole discretion discretion, including, but not limited to, modifying or eliminating a compensation component. The Parties agree ; provided, however, that such changes Executive shall be deemed effective immediately and an approved modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s right shall remain entitled to terminate this Agreement Without Cause or for Good Reason, participate in all benefit plans and programs maintained by the Company in its sole discretion from time to time on the same basis as provided and defined below in Paragraph 9, as may be applicableother executive officers similarly situated.

Appears in 1 contract

Samples: Employment Agreement (Hillenbrand, Inc.)

Changes to Compensation. Notwithstanding anything contained herein Subject to Section 10 below, the contraryCompany reserves the right to, and Executive acknowledges agrees that the Company specifically reserves the right to may, make changes to Executive’s compensation from time to time in its the Company’s sole discretion discretion, including, but not limited to, modifying or eliminating a compensation component. The Parties agree ; provided, however, that such changes Executive shall be deemed effective immediately and an approved modification of this Agreement unless, within thirty (30) days after receiving notice of such change, Executive exercises Executive’s right shall remain entitled to terminate this Agreement Without Cause or for Good Reason, participate in all benefit plans and programs maintained by the Company in its sole discretion from time to time on the same basis as provided and defined below in Paragraph 9, as may be applicableother executive officers.

Appears in 1 contract

Samples: Employment Agreement (Hillenbrand, Inc.)

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