Common use of Compensation Committee Approval Clause in Contracts

Compensation Committee Approval. Notwithstanding any other provision -------------------------------- to the contrary, this Agreement is subject to the approval of the Employer's Compensation Committee at its next meeting, which is expected to occur on or about December 17, 1997, and shall not be valid, binding and enforceable prior thereto. Prior to such approval, neither party hereto shall make any public announcement with respect to this Agreement or the employment of Employee by Employer.

Appears in 2 contracts

Samples: Employment Agreement (Choice Hotels International Inc /De), Employment Agreement (Choice Hotels International Inc /De)

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Compensation Committee Approval. Notwithstanding any other provision -------------------------------- to the contrary, this Agreement is subject to the approval of the Employer's Compensation Committee at its next meeting, which is expected to occur on or about December 17April 13, 19971998, and shall not be valid, binding and enforceable prior thereto. Prior to such approval, neither party hereto shall make any public announcement with respect to this Agreement or the employment of Employee by Employer.

Appears in 2 contracts

Samples: Employment Agreement (Choice Hotels International Inc /De), Employment Agreement (Choice Hotels International Inc /De)

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Compensation Committee Approval. Notwithstanding any other provision -------------------------------- ------------------------------- to the contrary, this Agreement is subject to the approval of the Employer's Compensation Committee or Board of Directors at its next meeting, which is expected to occur on or about December 17, 1997, meeting and shall not be valid, binding and enforceable prior thereto. Prior to such approval, neither party hereto shall make any public announcement with respect to this Agreement or the employment of Employee by Employer.

Appears in 1 contract

Samples: Employment Agreement (Choice Hotels International Inc /De)

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