Common use of Adjustment of Compensation Clause in Contracts

Adjustment of Compensation. At the time of the Annual Review, the Board will also consider any further adjustments to total potential cash compensation which may be appropriate to adjust given changes in total cash compensation of comparable organizations. The amount of percentage change for comparable organizations will be determined by annually using data from Integrated Healthcare Strategies (or a similarly qualified consultant). Total cash compensation for the purposes of the percentage increase shall include salary and any potential incentive compensation amount.

Appears in 2 contracts

Sources: Chief Executive Officer Employment Agreement, Chief Executive Officer Employment Agreement

Adjustment of Compensation. At the time of the Annual Review, the Board will also consider any further adjustments to total potential cash compensation which may be appropriate to adjust given changes in total cash compensation of comparable organizations. The amount of percentage change for comparable organizations will be determined by annually using data from Integrated Healthcare Strategies (or a similarly qualified consultant). Total cash compensation for the purposes of the percentage increase shall include salary and any potential incentive compensation amount.

Appears in 1 contract

Sources: Chief Executive Officer Employment Agreement (Sibannac, Inc.)