Common use of RIGHT TO SEEK APPROVAL Clause in Contracts

RIGHT TO SEEK APPROVAL. The Company may provide for shareholder approval of any performance based compensation provided herein and may provide for the compensation committee to establish any applicable performance goals and determine whether such performance goals have been met.

RIGHT TO SEEK APPROVAL. The Company may provide for shareholder approval of any performance based compensation provided herein and may provide for the compensation committee of the Board to establish any applicable performance goals and determine whether such performance goals have been met. The performance goals shall be based in part on revenue and EBITDA targets and shall be determined by the compensation committee in its sole discretion subject to consulting with the Executive on the goals.