Common use of Review of Compensation Clause in Contracts

Review of Compensation. 4.01 The remuneration payable pursuant to section 3.01 hereof may be reviewed annually by the board of directors of the Corporation on or before the anniversary date hereof, at which time the board of directors shall consider such matters as it may consider relevant and shall determine, in its absolute discretion, whether to increase the annual remuneration payable by the Corporation to the Employee hereunder, provided always however, that the remuneration payable to the Employee pursuant to Article 3 hereof shall not, as a result of such review, be reduced.

Review of Compensation. 4.01 4.1 The remuneration payable pursuant to section 3.01 Section 3.1 hereof may shall be reviewed annually by the board Board of directors Directors of the Corporation CORPORATION on or before the anniversary date hereof, and annually thereafter, at which time the board Board of directors Directors shall consider such matters matters, as it may consider relevant and shall determine, in its absolute discretion, whether to increase the annual remuneration payable by the Corporation CORPORATION to the Employee EMPLOYEE hereunder, provided always however, that the remuneration payable to the Employee EMPLOYEE pursuant to Article 3 hereof shall sha1l not, as a result of such review, be reduced.

Review of Compensation. 4.01 4.1 The remuneration payable pursuant to section 3.01 Section 3.1 hereof may shall be reviewed annually by the board Compensation Committee and Board of directors Directors of the Corporation CORPORATION on or before the anniversary date hereof, and annually thereafter, at which time the board Board of directors Directors shall consider such matters matters, as it may consider relevant and shall determine, in its absolute discretion, whether to increase the annual remuneration payable by the Corporation CORPORATION to the Employee EMPLOYEE hereunder, provided always however, that the remuneration payable to the Employee EMPLOYEE pursuant to Article 3 hereof shall not, as a result of such review, be reduced.

Review of Compensation. 4.01 The remuneration payable pursuant to section 3.01 hereof may shall be reviewed annually by the board of directors of the Corporation on or before the anniversary date hereof, at which time the board of directors shall consider such matters as it may consider relevant and shall determine, in its absolute discretion, whether to increase the annual remuneration payable by the Corporation to the Employee hereunder, provided always however, that the remuneration payable to the Employee pursuant to Article 3 hereof shall not, as a result of such review, be reduced.