Common use of Continuity Clause in Contracts

Continuity. Executive's salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 7 contracts

Samples: Employment Agreement (Interface Inc), Employment Agreement (Interface Inc), Employment Agreement (Interface Inc)

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Continuity. Executive's ’s salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's ’s base salary) may be increased from time to time as determined by the President, CEO or the Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 3 contracts

Samples: Employment and Change in Control Agreement (Interface Inc), Employment and Change in Control Agreement (Interface Inc), Employment and Change in Control Agreement (Interface Inc)

Continuity. Executive's salary, current perquisites (including, but not limited to, company carcar allowance) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 2 contracts

Samples: Employment Agreement (Interface Inc), Employment Agreement (Interface Inc)

Continuity. Executive's salary, current perquisites (including, but not limited to, company carcar allowance) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated. With regard to the bonus program in effect for senior executives generally, the maximum achievement factor that Executive may accomplish with regard to the financial and non-financial objectives under such bonus program shall be 125%, rather than 110%.

Appears in 2 contracts

Samples: Employment Agreement (Interface Inc), Employment Agreement (Interface Inc)

Continuity. Executive's ’s salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's ’s base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Continuity. Executive's salary, current perquisites (including, but not limited to, company carcar allowance) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated. With regard to the bonus program in effect for senior executives generally, the maximum achievement factor that Executive may accomplish with regard to the financial and non-financial objectives under such bonus program shall be 125%, rather than 110%.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Continuity. Executive's ’s salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's ’s base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment and Change in Control Agreement (Interface Inc)

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Continuity. Executive's salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Continuity. Executive's salary, current perquisites (including, but not limited to, company carcar allowance) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment Agreement (Interface Inc)

Continuity. Executive's salary, current perquisites (including, but not limited to, company car) and bonus opportunity (currently expressed as a percentage of Executive's base salary) may be increased from time to time as determined by the President, CEO or the Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment and Change in Control Agreement (Interface Inc)

Continuity. Executive's ’s salary, current perquisites (including, but not limited to, company carleased car or car allowance) and bonus opportunity (currently expressed as a percentage of Executive's ’s base salary) may be increased from time to time as determined by the President, CEO or the Board of Directors (or Committee of the Board), but shall not be reduced or eliminated.

Appears in 1 contract

Samples: Employment and Change in Control Agreement (Interface Inc)

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