Reviews and Adjustments. On or about April 27, 2000 and each succeeding April 27 during the term of your employment hereunder, your performance shall be reviewed by the Chief Executive Officer and your attainment of mutually agreed-upon objectives evaluated; your base salary for the ensuing twelve (12) months commencing on such April 27 may be adjusted, subject to approval by the Compensation Committee of the Board of Directors of the Company, in accordance with your level of performance. In no case, however, will any such adjustment to your salary ever be a negative amount unless you expressly agree to such a reduction.
Reviews and Adjustments. You performance shall be reviewed by the President & CEO of the Company each succeeding year consistent with your anniversary date of employment which is September 1, 2001. Your base salary for the ensuing twelve (12) month period may be adjusted, subject to the approval by the Compensation Committee of the Board of Directors of the Company and the entire Board of Directors, in accordance with your level of performance.
Reviews and Adjustments. On or about January 31, 2001 and each succeeding January 31 during the term of your employment hereunder, your performance shall be reviewed by the Chief Executive Officer and your attainment of mutually agreed-upon objectives evaluated; your base salary for the ensuing twelve (12) months commencing on such January 31 may be adjusted, subject to approval by the Compensation Committee of the Board of Directors of the Company, in accordance with your level of performance. In no case, however, will any such adjustment to your salary ever be a negative amount unless you expressly agree to such a reduction.
Reviews and Adjustments. On or about July 1, 2010 and each succeeding July 1 during the term of your employment hereunder, your performance shall be reviewed by the Independent Directors of the Board of Directors (as the term "Independent Directors" is defined in the Company's Statement of Principles prepared for the Board of Directors), and your attainment of mutually agreed-upon objectives evaluated. Your base salary for the ensuing twelve (12) months commencing on each such July 1 may be adjusted, subject to approval by the Independent Directors, in accordance with your level of performance. In no case, however, will any such adjustment to your base salary ever be a negative amount unless you expressly agree to such a reduction.
Reviews and Adjustments. Consistent with the anniversary date of your employment, your performance and attainment of mutually agreed-upon objectives shall be evaluated by the President of the Company. As an Executive Officer of the Company your base salary for the ensuing twelve (12) months period may be increased, subject to approval by the Compensation Committee of the Board of Directors of the Company and the Board of Directors of Baldwin Technology Company, Inc., in accordance with your lexxx xx performance. In no case, however, will any such adjustment to your salary ever be a negative amount unless you expressly agree to such a reduction.
Reviews and Adjustments. As of July 1, 2007 and each succeeding July 1 during the term of your employment hereunder, your performance shall be reviewed by the Board of Directors, your attainment of mutually agreed-upon objectives shall be evaluated, and the base salary payable to you for the twelve (12) months beginning on such July 1 may be adjusted upward (but not downward unless agreed to by you) by the Board of Directors.
Reviews and Adjustments. The Chairman of the Company shall review your performance each succeeding year consistent with your annual review date, which is July 1st. Your base salary for the ensuing twelve (12) month period may be increased, subject to the approval of the Chairman in accordance with your level of performance.
Reviews and Adjustments. On or about November 1, 2005 and each succeeding November 1 during the term of your employment hereunder, your performance shall be reviewed by the Chairman and Chief Executive Officer of the Company and your attainment of mutually agreed-upon objectives evaluated; your base salary for the ensuing twelve (12) months commencing on each such November 1 may be adjusted, subject to approval by the Compensation Committee of the
Reviews and Adjustments. Your base salary will be reviewed by the Board of Directors of the Company (the "Board of Directors") in November, 2001. On or about March 21, 2002 and each succeeding March 21 during the term of your employment hereunder, your performance shall be reviewed by the Chairman and the Board of Directors, your attainment of mutually agreed-upon objectives shall be evaluated, and the base salary payable to you for the twelve (12) months beginning on such March 21 may be adjusted upward (but not downward) by the Board of Directors.
Reviews and Adjustments. Beginning in 2002, during the month of August, your performance shall be reviewed each year by the Chairman of the Compensation and Stock Option Committee of the Board of Directors of the Company, your attainment of mutually agreed-upon objectives shall be evaluated, and the base salary payable to you for the twelve (12) months beginning on such review date may be adjusted upward (but not downward unless agreed to by you) by the Board of Directors."
