Compensation to Officers. Amend, modify or waive, or permit any Subsidiary to amend, modify or waive, in any material respect any employment, benefit or compensation arrangement with any Key Employee, or pay to any Key Employee, senior manager or officer compensation (including salary and bonus) in excess of that approved by the Executive Compensation Committee of the Board of Directors.
Appears in 3 contracts
Samples: Contribution Agreement (Mortgage Com Inc), Contribution Agreement (Mortgage Com Inc), Stock Purchase Agreement (Mortgage Com Inc)
Compensation to Officers. Amend, modify or waive, or permit any Subsidiary to amend, modify or waive, in any material respect any employment, benefit or compensation arrangement with any Key Employee, or pay to any Key Employee, senior manager or officer compensation (including salary and bonus) in excess of that approved by the Executive Compensation Committee of the Board of Directors.
Appears in 1 contract
Samples: Transfer Restriction Agreement (Telebanc Financial Corp)
