Common use of Performance and Salary Review Clause in Contracts

Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in December, 2016. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Zymeworks Inc.), Employment Agreement (Zymeworks Inc.)

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Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in December, 20162012. The timing of performance and salary reviews as at the date hereof, hereof or as may from time to time be amended by the Company in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Zymeworks Inc.), Employment Agreement (Zymeworks Inc.)

Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in December, December 2016. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Zymeworks Inc.), Employment Agreement (Zymeworks Inc.)

Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in DecemberJanuary 2025, 2016or as otherwise approved by the Compensation Committee. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zymeworks Inc.)

Performance and Salary Review. Management will review the Employee’s performance, base salary, salary and equity participation level under the terms of any Incentive Plans annually beginning in DecemberDecember 2020, 2016or as otherwise approved by the Compensation Committee, with interim reviews, coaching and feedback throughout the year to support the employee in his/her career development objectives and the achievement of personal, deparmental and corporate goals. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zymeworks Inc.)

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Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in December, 2016December 2019. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zymeworks Inc.)

Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in DecemberDecember 2020, 2016or as otherwise approved by the Compensation Committee, with interim reviews, coaching and feedback throughout the year to support the Employee in his/her career development objectives and the achievement of personal, departmental and corporate goals. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zymeworks Inc.)

Performance and Salary Review. Management will review the Employee’s performance, base salary, and equity participation level under the terms of any Incentive Plans annually beginning in December, 2016December 2018. The timing of performance and salary reviews as at the date hereof, or as may from time to time be amended by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zymeworks Inc.)

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