Reduced Salary. A reduction by the Corporation in the Executive’s annual base salary as in effect immediately prior to the Change in Control; or

Reduced Royalty Payments. In the event that any of the following events described below happens ​, Gilead’s royalty rate payable to [[Durect:Organization]] under this Section 6.4 shall be reduced as set forth below, provided that the total reduction under this [Section 6.4(b)] ​shall not exceed ​; provided, that ​:

Determination of Reduced Amount. If the Accounting Firm determines that the aggregate Agreement Payments should be reduced to the Reduced Amount, [[Bank:Organization]] shall promptly give the Executive notice to that effect and a copy of the detailed calculation thereof, and the Executive may then elect, in the Executive’s sole discretion, which and how much of the Agreement Payments shall be eliminated or reduced (as long as after such election the Parachute Value (as defined below) of the aggregate Agreement Payments equals the Reduced Amount); provided that [[Bank:Organization]] shall reduce the Agreement Payments in the following order: # by reducing benefits payable pursuant to Section 6(a)(i)(C) or Section 6(a)(i)(D) of this Agreement, as applicable, then # by reducing amounts payable pursuant to Section 6(a)(iii) of this Agreement, and then # by reducing amounts payable pursuant to Section 6(a)(ii) of this Agreement. All determinations made by the Accounting Firm under this Section 9 shall be binding upon [[Bank:Organization]] and the Executive and shall be made no later than five days prior to the occurrence of the applicable change in control. In connection with making determinations under this Section 9, the Accounting Firm shall take into account the value of any reasonable compensation for services to be rendered by the Executive before or after the applicable change in control, including any noncompetition provisions that may apply to the Executive, and [[Bank:Organization]] shall cooperate in the valuation of any such services, including any noncompetition provisions.

Reduced Salary. A reduction by the Corporation in the Executive’s annual base salary as in effect immediately prior to the Change in Control; or

Temporary Base Salary Reduction. Paragraph 3(a)(i) of the Agreement is hereby amended so that, effective for pay periods beginning on and after April 27, 2020, the Executive’s annual base salary of Four Hundred Fifty Thousand Dollars ($450,000.00) (the “Original Base Salary”) shall be temporarily reduced by 20% to an annual base salary of Three Hundred Sixty Thousand Dollars ($360,000.00) (the “Reduced Base Salary”). The Reduced Base Salary shall remain in effect until restored to the Original Base Salary or such other amount in excess of the Reduced Base Salary by action of the Board.

Reduced Salary. A reduction by the Corporation in the Executive’s annual base salary as in effect immediately prior to the Change in Control; or

Reduced Schedule Benefit. In full consideration for Employee’s signing and not revoking this Agreement, the Company will agree to offer Employee the Reduced Schedule Benefit from January 1, 2018 through February 9, 2018 (the “Reduced Schedule Benefit Period”), as set forth more fully in [Schedule A]. Employee acknowledges that the Reduced Schedule Benefit is valuable consideration to which she would not otherwise be entitled. Employee also agrees that in exchange for executing and not revoking the amendment attached hereto as [Schedule C] after Employee’s Separation Date, Employee will be entitled to the benefits set forth on [Schedule B] (the “Separation Payments”).

Reduced Salary. A reduction by the Corporation in the Executive’s annual base salary as in effect immediately prior to the Change in Control; or

1. Temporary Base Salary Reduction. Paragraph 3(a)(i) of the Agreement is hereby amended so that, effective for pay periods beginning on and after April 27, 2020, the Executive’s annual base salary of Four Hundred Fifty Thousand Dollars ($450,000.00) (the “Original Base Salary”) shall be temporarily reduced by 20% to an annual base salary of Three Hundred Sixty Thousand Dollars ($360,000.00) (the “Reduced Base Salary”). The Reduced Base Salary shall remain in effect until restored to the Original Base Salary or such other amount in excess of the Reduced Base Salary by action of the Board.

Late Reduced Crew Estimates. Without limiting American’s other rights and remedies under this Agreement, if following any Final Crew Max Determination Date, the Final Crew Max is reduced for the relevant calendar month (any such reduced Final Crew Max pursuant to the terms of this Section 6.14(c), the “Adjusted Final Crew Max”), then Contractor shall pay to American an amount equal to ​ for each Block Hour by which the Adjusted Final Crew Max results in a reduction of the aggregate Block Hours set forth in the applicable flight schedule (the “Late Adjustment Charge”). The payment of the Late Adjustment Charge to American under the circumstances provided for herein is not intended as a forfeiture or penalty. Contractor shall not be required to pay a Late Adjustment Charge for an Adjusted Final Crew Max only if all the following conditions are satisfied with respect to such Adjusted Final Crew Max: # between the applicable Final Crew Max Determination Date and ​ prior to the commencement of the applicable calendar month, the full-time employment ends for any reason for ​ or more of Contractor’s pilots and/or first officers that were providing Regional Airline Services to American and # the end of such full-time employment directly caused Contractor to reduce the Final Crew Max between the applicable Final Crew Max Determination