Common use of Increases in Compensation Clause in Contracts

Increases in Compensation. Except as set forth in SCHEDULE 2.12, since the NaviCyte Balance Sheet Date, NaviCyte has not paid or committed itself to pay to or for the benefit of any of its directors, officers, employees, consultants, advisors or stockholders any compensation of any kind other than wages, salaries and benefits at times and rates in effect on the NaviCyte Balance Sheet Date, nor has NaviCyte effected or agreed to effect any amendment or supplement to any employee profit sharing, stock option, stock purchase, pension, bonus, incentive, retirement, medical reimbursement, life insurance, deferred compensation or any other employee benefit plan or arrangement.