Common use of Other and Additional Compensation Clause in Contracts

Other and Additional Compensation. Section 4(a) establishes the minimum salary level for VP during the Term, and shall not preclude the Board from awarding VP a higher salary at any time, nor shall it preclude the Board from awarding VP additional bonuses or other compensation in the discretion of the Board.

Appears in 2 contracts

Samples: Employment Agreement (Nanophase Technologies Corporation), Employment Agreement (Nanophase Technologies Corporation)

AutoNDA by SimpleDocs

Other and Additional Compensation. Section 4(a) establishes the minimum salary level for VP during the Term, and shall not preclude the Board from awarding VP a higher salary at any time, nor shall it preclude the Board from awarding VP additional bonuses or other compensation in the discretion of the Board.

Appears in 1 contract

Samples: Employment Agreement (Nanophase Technologies Corporation)

Other and Additional Compensation. Section 4(a) establishes the minimum salary level for VP during the Term, and shall not preclude the Board from awarding VP a higher salary at any time, nor shall it they preclude the Board from awarding VP additional bonuses or other compensation in the discretion of the Board.

Appears in 1 contract

Samples: Employment Agreement (Nanophase Technologies Corporation)

AutoNDA by SimpleDocs

Other and Additional Compensation. Section 4(a) establishes the minimum salary level for VP during the Term, and shall not preclude the Board from awarding VP a higher salary at any time, nor shall it they preclude the Board from awarding VP additional bonuses or other compensation in the discretion of the Board.

Appears in 1 contract

Samples: Employment Agreement (Nanophase Technologies Corporation)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!