Common use of Total Compensation Opportunity Clause in Contracts

Total Compensation Opportunity. The compensation opportunities set forth in Section 3(a), (b) and (c) are intended to be competitive with compensation offered by the Company’s peers and such compensation will be reassessed by the Board (or a committee thereof) at least annually to determine overall competitiveness relative to the market and to make such adjustments, subject to the first sentence of Section 3(a), as the Board, in its sole discretion, determines to be appropriate with respect to any one or more components of Executive’s total compensation.

Total Compensation Opportunity. The compensation opportunities set forth in Section Sections 3(a), (bc) and (cd) are intended to be competitive with compensation offered by the Company’s peers to such peers’ similarly-situated executives and such compensation will be reassessed by the Board (or a committee thereof) at least annually to determine overall competitiveness relative to the market and to make such adjustments, subject to the first sentence of Section 3(a), as the Board, in its sole discretion, determines to be appropriate with respect to any one or more components of Executive’s total compensation.