Compensation Review. The compensation of the Executive will be reviewed on a regular basis by the Board of Directors of the Company (or a Compensation Committee thereof) and shall be reviewed annually if the compensation of other executive officers of the Company is reviewed at such frequency. The compensation of the Executive prescribed in Section 4 of this Agreement (including benefits) may be increased at the discretion of the Board of Directors of the Company or the Compensation Committee.
Appears in 8 contracts
Samples: Employment Agreement (Hastings Entertainment Inc), Employment Agreement (Hastings Entertainment Inc), Employment Agreement (Hastings Entertainment Inc)
Compensation Review. The compensation of the Executive will be reviewed on a regular basis by the Board of Directors of the Company (or a Compensation Committee thereof) and shall be reviewed annually if the compensation of other executive officers of the Company is reviewed at such frequency. The compensation of the Executive prescribed in Section paragraph 4 of this Agreement (including benefits) may be increased at the discretion of the Board of Directors of the Company or the Compensation Committee.
Appears in 1 contract
Compensation Review. The compensation of the Executive will be reviewed on a regular basis not less frequently than annually by the Board of Directors of the Company (or a Compensation Committee thereof) and shall be reviewed semi-annually if the compensation of other executive officers of the Company is reviewed at such frequency. The compensation of the Executive prescribed in Section paragraph 4 of this Agreement (including benefits) may be increased at the discretion of the Board of Directors of the Company or the Compensation Committee, but may not be reduced without the prior written consent of the Executive except as expressly provided herein.
Appears in 1 contract
