Other and Additional Compensation. Sections 4(a) and 4(b) establish minimum salary and bonus levels for Executive during the Term, and shall not preclude the Board from awarding Executive a higher salary at any time, nor shall they preclude the Board from awarding Executive additional bonuses or other compensation in the discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Nanophase Technologies Corporation)
Other and Additional Compensation. Sections Section 4(a) and 4(b) establish establishes the minimum salary and bonus levels level for Executive during the Term, and shall not preclude the Board Compensation Committee from awarding Executive a higher salary at any time, nor shall they preclude the Board Compensation Committee from awarding Executive additional bonuses or other compensation in the discretion of the BoardCompensation Committee.
Appears in 1 contract
Sources: Employment Agreement (Nanophase Technologies Corporation)
Other and Additional Compensation. Sections Section 4(a) and 4(b) establish establishes the minimum salary and bonus levels level for Executive Officer during the Term, and shall not preclude the Board from awarding Executive Officer a higher salary at any time, nor shall they it preclude the Board from awarding Executive additional Officer bonuses or other compensation in the discretion of the Board.
Appears in 1 contract
Sources: Employment Agreement (Nanophase Technologies Corporation)