Salary Adjustment Agreement Sample Contracts

MB FINANCIAL, INC. Agreement Regarding Salary Adjustment and Portion of Salary Payable by Stock
Salary Adjustment Agreement • March 4th, 2010 • Mb Financial Inc /Md • Savings institution, federally chartered

By action of the Organization and Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of MB Financial, Inc. (the “Company”) and of the Board, you have been awarded additional base compensation effective January 1, 2010 (the “Salary Adjustment”) equal to $471,000 on an annualized basis, of which 60%, or $282,600, will be payable in Company common stock (the “Salary Stock”) and the remainder paid in cash. The Salary Stock will to be paid to you in Shares as an Other Stock-Based Award under the Company’s Amended and Restated Omnibus Incentive Plan (the “Plan”), subject to the requirements set forth in this agreement (the “Agreement”). Unless otherwise indicated, the capitalized terms used herein shall have the same meaning as set forth in the Plan.

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AGREEMENT ON IMPROVEMENT IN SALARIES FOR THE FINANCIAL YEAR 2009/2010
Salary Adjustment Agreement • January 12th, 2011
March 7, 2012 Dear :
Salary Adjustment Agreement • May 10th, 2012 • Somaxon Pharmaceuticals, Inc. • Pharmaceutical preparations

This letter is to memorialize the agreement between you and Somaxon Pharmaceuticals, Inc. (“Somaxon”) relating to the adjustment to your compensation effected by Somaxon’s compensation committee on March 7, 2012 (the “Salary Adjustment”). In light of such Salary Adjustment, you and Somaxon hereby agree as follows:

March 31, 2020
Salary Adjustment Agreement • February 2nd, 2021

Officers from the Belle Isle Police Department officers are committed to protecting the Belle Isle community. The Department has faced some challenges over the past several years in attracting and keeping police officers. The pool of qualified candidates who want to become police officers has dwindled, partly due to negativity towards police. Larger agencies attract quality candidates with higher pay, more opportunities for advancement, and a wide array of specialized units. The competition to fill vacancies often boils down to agency salaries. Most qualified police applicants are given offers by several agencies.

Agreement-Article 7
Salary Adjustment Agreement • April 7th, 2021
MB FINANCIAL, INC. Agreement Regarding Salary Adjustment and Portion of Salary Payable by Stock
Salary Adjustment Agreement • May 3rd, 2011 • Mb Financial Inc /Md • Savings institution, federally chartered

By action of the Organization and Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of MB Financial, Inc. (the “Company”) and of the Board, you have been awarded additional base compensation effective MONTH/DAY/YEAR (the “Salary Adjustment”) equal to $ on an annualized basis, which will be payable in Company common stock (the “Salary Stock”). The Salary Stock will to be paid to you in Shares as an Other Stock-Based Award under the Company’s Amended and Restated Omnibus Incentive Plan (the “Plan”), subject to the requirements set forth in this agreement (the “Agreement”). Unless otherwise indicated, the capitalized terms used herein shall have the same meaning as set forth in the Plan.

PERSONAL AND CONFIDENTIAL June 7, 2017 Randall Scott
Salary Adjustment Agreement • August 4th, 2017 • Rare Element Resources LTD • Gold and silver ores

This letter agreement confirms the discussion and agreement between you and Rare Element Resources, Inc. (the “Company”) regarding your adjusted salary during the continuation of the Company’s care-and-maintenance program. As we agreed, your salary will be adjusted to $14,000 per month as of June 1, 2017 for a period up to three months while you focus your efforts on developing strategic partnerships while overseeing the administration of the Company. You will continue as the Company’s President and Chief Executive Officer working from your home office, devoting as much time as necessary to achieve the key objectives of the Company.

September 28, 2017
Salary Adjustment Agreement • September 22nd, 2017

We have worked with you and the union leadership to offer to them for this year and next a 2.5% COLA and, for those employees who have not yet topped out of their pay grade, a two-step increase. The union has approved this agreement, and today that agreement comes to you for discussion and possible approval. With your approval at this Board of Health meeting, the terms wi II be retroactive to July I, 2017.

SIDEBAR AGREEMENT TO 2019-2024 CONTRACT:
Salary Adjustment Agreement • June 28th, 2021
Contract
Salary Adjustment Agreement • January 31st, 2013

Agreement between United University Professions (Delhi Chapter) and the State University of New York College of Technology at Delhi.

DRAFT AGREEMENT RESOLUTION NO OF 2011
Salary Adjustment Agreement • April 21st, 2011

Comment [FdB1]: The ILC indicated that they don’t have a mandate at this point to engage on the matters raised in the draft agreement. They will be in a position to return to the Council on the 3 May 2011 for marathon negotiations.

APOLLO GROUP, INC. 4025 SOUTH RIVERPOINT PARKWAY PHOENIX, AZ 85040 September 5, 2012
Salary Adjustment Agreement • October 22nd, 2012 • Apollo Group Inc • Services-educational services
SACRAMENTO COUNTY AND
Salary Adjustment Agreement • July 10th, 2014

The parties agree to reopen the contract January 1, 2015 for the purpose of discussing salary benchmarks and relationships. If those discussions result in an agreement to adjust wages for a specific class, such adjustment will be effective no sooner than June 28, 2015.

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