Reduced Salary. A reduction by the Company by 20% or more of the Executive’s Annual Base Salary in effect on the date hereof or the failure by the Company to grant the Executive Base Salary increases at a rate generally commensurate with the percentage Base Salary increases accorded to other similarly performing, similarly situated executives of the Company;
Appears in 2 contracts
Samples: Executive Employment Agreement (Niska Gas Storage Partners LLC), Executive Employment Agreement (Niska Gas Storage Partners LLC)
Reduced Salary. A reduction by the Company by 20% or more of Corporation in the Executive’s Annual Base Salary in effect on the date hereof Effective Date or as the same may be increased thereafter from time to time or the failure by the Company Corporation to grant the Executive Base Salary salary increases at a rate generally commensurate with the percentage Base Salary increases accorded to other similarly performing, similarly situated executives of the CompanyCorporation;
Appears in 2 contracts
Samples: Change of Control Agreement (Nexen Inc), Executive Benefit Plan Entitlements (Nexen Inc)
Reduced Salary. A reduction by the Company by 20% or more of Corporation in the Executive’s 's Annual Base Salary in effect on the date hereof Effective Date or as the same may be increased thereafter from time to time or the failure by the Company Corporation to grant the Executive Base Salary salary increases at a rate generally commensurate with the percentage Base Salary increases accorded to other similarly performing, similarly situated executives of the CompanyCorporation;
Appears in 2 contracts
Samples: Change of Control and Executive Benefit Plan Entitlements (Nexen Inc), Change of Control Agreement (Nexen Inc)
Reduced Salary. A reduction by the Company by 20% or more of Corporation in the Executive’s Annual Base Salary 's annual base salary as in effect on the date hereof or as the same may be increased from time to time or the failure by the Company Corporation to grant the Executive Base Salary increases a salary increase at a rate generally commensurate with the percentage Base Salary increases accorded to other similarly performing, similarly situated key executives of the CompanyCorporation;
Appears in 1 contract
Samples: Change in Control Agreement (Fairmont Hotels & Resorts Inc)
Reduced Salary. A reduction by the Company by 20% or more of Corporation in the Executive’s Annual Base Salary in effect on the date hereof Effective Date or as the same may be thereafter increased from time to time or the failure by the Company Corporation to grant the Executive Base Salary salary increases at a rate generally commensurate with the percentage Base Salary increases accorded to other similarly performing, similarly situated executives of the CompanyCorporation;
Appears in 1 contract
