Common use of Other and Additional Compensation Clause in Contracts

Other and Additional Compensation. Subsections (a) and (c) above establish Employee’s compensation during the Term which shall not preclude the Board from awarding Employee a higher salary or any bonuses or stock options, restricted stock or other forms of additional equity awards in the discretion of the Board during the Term at any time.

Appears in 2 contracts

Sources: Employment Agreement (Chay Enterprises, Inc.), Employment Agreement (Chay Enterprises, Inc.)

Other and Additional Compensation. Subsections (a) ), (d), and (ce) above establish Employee’s compensation during the Term which shall not preclude the Board from awarding Employee a higher salary or any bonuses or stock options, restricted stock or other forms of additional equity awards in the discretion of the Board during the Term at any time.

Appears in 1 contract

Sources: Employment Agreement (Aytu Bioscience, Inc)