Common use of Reduction of Compensation Clause in Contracts

Reduction of Compensation. Any material reduction in the aggregate value of the Executive’s annual base salary, short-term cash bonus target amount, long-term incentive plan target amount, and Company-provided welfare benefits, all as in effect immediately prior to the CIC Date, , or any failure by the Company to pay any such amount to the Executive as earned by the Executive. An inadvertent failure by the Company to make any payment of compensation to the Executive that does not occur in bad faith and that is remedied by the Company promptly after the Company receives notice thereof from the Executive, is excluded from the definition of “Good Reason.”

Reduction of Compensation. Any material reduction in the aggregate value of the Executive’s 's annual base salary, short-term cash bonus target amount, long-term incentive plan target amount, and Company-provided welfare benefits, all as in effect immediately prior to the CIC Date, , or any failure by the Company to pay any such amount amounts to the Executive as earned by the Executive. An inadvertent failure by the Company to make any payment of compensation to the Executive that does not occur in bad faith and that is remedied by the Company promptly after the Company receives notice thereof from the Executive, is excluded from the definition of “"Good Reason.”"

Reduction of Compensation. Any material reduction in the aggregate value of the Executive’s 's annual base salary, short-term cash bonus target amount, long-term incentive plan target amount, and Company-provided welfare benefits, all as in effect immediately prior to the CIC Date, , or any failure by the Company to pay any such amount to the Executive as earned by the Executive. An inadvertent failure by the Company to make any payment of compensation to the Executive that does not occur in bad faith and that is remedied by the Company promptly after the Company receives notice thereof from the Executive, is excluded from the definition of “"Good Reason.”"

Reduction of Compensation. Any material reduction in the aggregate value of the Executive’s 's annual base salary, short-term cash bonus target amount, long-term incentive plan target amount, and Company-provided welfare benefits, all as in effect immediately prior to the CIC Date, , or any failure by the Company to pay any such amount amounts to the Executive as earned by the Executive. An inadvertent failure by the Company to make any payment of compensation to the Executive that does not occur in bad faith and that is remedied by the Company promptly after the Company receives notice thereof from the Executive, Executive is excluded from the definition of “"Good Reason.”"