Reduction in Base Salary. A reduction by EMPLOYER in the base salary as in effect at the time of the Change in Control.
Appears in 8 contracts
Samples: Employment Agreement (JPM Co), Employment Agreement (JPM Co), Employment Agreement (JPM Co)
Reduction in Base Salary. A reduction by EMPLOYER greater than one-third (1/3) in the base salary of EMPLOYEE as in effect at the time of the Change in Control.
Appears in 2 contracts
Samples: Employment Contract Addendum (JPM Co), Employment Contract Addendum (JPM Co)