Common use of Automatic Increases Clause in Contracts

Automatic Increases. Annual Base Compensation shall be increased automatically upon the achievement of agreed upon economic milestones and business development achievements . Company, S▇▇▇▇ and Executive agree to negotiate in good faith to establish agreed upon milestones and business development achievements and the failure to do so shall be considered a breach of this Agreement by Company and Solar unless otherwise agreed by Executive.

Automatic Increases. Annual Base Compensation shall be increased automatically upon the achievement of agreed upon economic milestones and business development achievements . achievement.s Company, S▇▇▇▇ and Executive agree to negotiate in good faith to establish agreed upon milestones and business development achievements and the failure to do so shall be considered a breach of this Agreement by Company and Solar unless otherwise agreed by Executive.