Adjustment of Compensation. The School District, acting by and through its Board of Education, reserves the right to adjust said compensation, however, not to reduce the annual compensation to any lesser amount than as herein stated. Any adjustment in compensation made during the term of this contract shall be in the form of an amendment and shall be incorporated as part of this agreement by reference herein; provided, however, that in making any such compensation adjustment, it shall not be considered that the School District has entered into a new agreement, nor shall the termination date of this agreement be thereby extended, unless the Board of Education, by specific action, shall expressly extend such termination date. In no event shall any such extension, together with the un-expired term of this agreement or any prior extension, be for a period in excess of three years.
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