Minimum Compensation. Nothing in this Agreement shall preclude the Company from amending or terminating any employee benefit plan or practice or the provision of certain perquisites; provided, however, that it is the intent of the parties that the Employee shall continue to be entitled, during the period of employment, to compensation, benefits and perquisites as set forth above at least equal to those attached to his position on the date of this Agreement. Nothing in this Agreement shall operate or be construed to reduce, or authorize a reduction, without the Employee's written consent, in the level of such compensation, benefits and perquisites.
Appears in 12 contracts
Samples: Employment Agreement (XML Global Technologies Inc), Employment Agreement (XML Global Technologies Inc), Employment Agreement (XML Global Technologies Inc)
Minimum Compensation. Nothing in this Agreement shall preclude the Company from amending or terminating any employee benefit plan or practice or the provision of certain perquisites; provided, however, that it is the intent of the parties that the Employee shall continue to be entitled, during the period of employment, to compensation, benefits and perquisites as set forth above at least equal to those attached to his position on the date of this Agreement. Nothing in this Agreement shall operate or be construed to reduce, or authorize a reduction, without the Employee's ’s prior written consent, in the level of such compensation, benefits and perquisites.
Appears in 6 contracts
Samples: Employment Agreement (Esports Technologies, Inc.), Executive Employment Agreement (Vision Industries Corp), Executive Employment Agreement (Vision Industries Corp)
Minimum Compensation. Nothing in this Agreement shall preclude the Company from amending or terminating any employee benefit plan or practice or the provision of certain perquisites; provided, however, that it is the intent of the parties that the Employee shall continue to be entitled, during the period of employment, to compensation, benefits and perquisites as set forth above at least equal to those attached to his position on the date of this Agreement. Nothing in this Agreement shall operate or be construed to reduce, or authorize a reduction, without the Employee's ’s prior written consent, in the level of such compensation, benefits and perquisites.. 4/1/2014 11:33 AM Page 2 of 10 8.0
Appears in 1 contract
Samples: Executive Employment Agreement (AF OCEAN INVESTMENT MANAGEMENT Co)
